Datawatch Managed Analytics Platform Introduced

CHELMSFORD, Mass., March 30 — Datawatch Corporation today at the Gartner Business Intelligence Summit in Las Vegas, unveiled the Datawatch Managed Analytics Platform to deliver an enterprise solution for self-service data preparation and visual data discovery.  Datawatch is the only solution that can bridge the gap between the ease-of-use and agility that business users demand together with the scalability, automation and governance needed by IT.

Unique capabilities delivered with the Datawatch Managed Analytics Platform include:

• Self-service data preparation – leveraging the robustness and power of the Datawatch Monarch technology, the ‘original’  data preparation solution in the industry, Datawatch has created a powerful yet simple to use offering to manipulate, filter, enrich, blend and combine disparate data sets.
• Advanced data enrichment – sophisticated redaction capabilities to remove or obscure sensitive information used in regulated industries; predictive analytic enrichment including real-time scoring; and time series interpolation and conflation.
• Automation without scripting – using an intuitive visual process designer to schedule data extraction and preparation processes and deliver prepared data to authorized users or other enterprise systems.
• Access multi-structured data – unmatched capabilities to extract and prepare data from PDF files, log files, telemetry data, print spools, text, CSV, EDI, HTML, and even BI reports created by third party tools and legacy systems.
• Synchronous visual authoring – ability to simultaneously prep and visualize data side-by-side to get the desired results quickly.
• Visual data discovery – delivers more meaningful and timely decisions through real-time visualization of streaming data that can be combined with other relevant business data.
• Frictionless governance – securely store, manage and control access to all of the assets in the analytics workflow including data preparation models, data discovery workbooks, and source content not typically managed, including documents and XLS/CSV extracts.  Administrators can curate managed data sets with complete audit trails and data lineage.

The Datawatch Managed Analytics Platform is an integrated yet modular solution.  The new data preparation capabilities are available both as a stand-alone offering (for use by any third party analytic front-end or to load into a data warehouse/data mart) as well as tightly coupled with the latest release of the visual authoring tool for quickly building visualization applications.

“No other vendor can match the depth and breadth of capabilities delivered with the new Datawatch Managed Analytics Platform.  Datawatch Monarch’s longstanding technology leadership in delivering self-service data preparation for the most challenging multi-structured data sets provides an unparalleled foundation for Datawatch to address the emerging requirements in this exciting market,” said Michael A. Morrison, president and chief executive officer of Datawatch.  “We are the only vendor that can scale from individual analysts using self-service data preparation and analytics on their desktops all the way up to the enterprise.  Indeed, one of our business partners uses Datawatch in a managed services cloud deployment to extract, prepare and deliver over 300 million data sets per month using 9,000 data preparation models.”

According to Gartner, “Data preparation is one of most difficult and most time-consuming challenges facing users of BI and data discovery tools, as well as data scientists.  The unprecedented growth in multi-structured data has contributed to greater effort required in preparing the data to support decision-making processes.”

“Getting good clean data is tough. Most data doesn’t come in an easy-to-use format. But with Datawatch, you can work with even the most difficult data sources like reports, invoices, PDFs and complex real-time streams – the formats that would otherwise take a lot of heavy lifting from IT to access,” said Joe Lovati, Director of Business Analytics and Reporting at Loan Depot. “The Datawatch Managed Analytic Platform provides a complete solution for delivering the right information, both data and visualizations, to all of our users.”