Datawatch and Angoss Software Partner to Deliver Better Insights from Greater Data Variety and Advanced Analytics
Business users now have access to the fastest and easiest tools for data acquisition, data preparation and business analytics
BEDFORD, Mass., and TORONTO – March 1, 2016 – Angoss Software Corporation (Angoss) today announced it has partnered with Datawatch Corporation (NASDAQ-CM: DWCH) to provide business users with access to self-service data preparation tools and powerful advanced analytics that unlock the valuable intelligence found in Big Data sources. More than 300 leading companies, including many of the world’s top financial, insurance, telecom, retail, high-tech and healthcare organizations, rely on Angoss’ predictive analytics solutions to improve performance across risk, marketing and sales.
Through this partnership, business users will be able to significantly reduce data preparation efforts, which often claim more than 80 percent of their time, and increase their data mining efficiencies by more than 40 percent. Datawatch empowers its customers with the ability to retrieve data locked away in previously inaccessible multi-structured or unstructured sources, such as reports, Web pages, PDFs and log files – which typically provide the most analytical value. Using Angoss, they can then process the acquired data along the exploratory trajectory with the use of predictive analytics applications for all phases of the data mining cycle, from data exploration and segmentation, to model and strategy development, to evaluation and deployment.
“Our partnership with Angoss provides the best of both worlds: access to data sources that provide the most analytic value and the ability to analytically synthesize it through advanced predictive tools,” said Dan Potter, Chief Marketing Officer at Datawatch. “The result is higher predictive and exploratory power for greater return on investment. By analyzing not only the right data, but also all of the data, decision makers will get a better understanding of the reality of their business.”
With Datawatch Monarch, users can easily acquire, cleanse, prepare and blend reliable data from virtually any information source for predictive and prescriptive analysis in Angoss using the company’s powerful advanced analytics applications and analyst recognized Decision Trees. Angoss’ solutions offer modeling techniques, such as linear and logistic regression, cluster analysis, market basket analysis and factor analysis, which allow analysts to perform all advanced analytics tasks in a single environment. The automated canvas for analytic operations enables the creation of workflows in minutes, improving productivity and eliminating the need to write code. Additionally, Angoss’ software suite caters to users of all skill levels and provides functionality to custom code in multiple languages, such as the language of SAS, R and Python.
“Datawatch’s data preparation technology is a seamless extension of our data import capabilities,” said Rick Makos, President and Chief Executive Officer of Angoss. “Datawatch is the industry leader in turning report documents and other difficult-to-access content sources into structured data sets. This capability opens up vast amounts of data that users can analyze and leverage to make timely and meaningful decisions using powerful, yet easy-to-use, predictive software.”
Angoss is a global leader in delivering predictive analytics to businesses looking to improve performance across risk, marketing and sales. With a suite of big data analytics software solutions and consulting services, Angoss delivers powerful approaches that provide you with a competitive advantage by turning your information into actionable business decisions. Many of the world’s leading organizations in financial services, insurance, retail and high tech rely on Angoss to grow revenue, increase sales productivity and improve marketing effectiveness while reducing risk and cost. Headquartered in Toronto, Canada, with offices in the United States, United Kingdom and Singapore, Angoss serves customers in over 30 countries worldwide. For more information, visit www.angoss.com.
About Datawatch Corporation
Datawatch Corporation (NASDAQ-CM: DWCH) enables ordinary users to achieve extraordinary results with their data. Only Datawatch can unlock data from the widest variety of sources and prepare it for use in visualization and analytics tools, or for other business processes. When real-time visibility into rapidly changing data is critical, Datawatch also enables users to analyze streaming data, even in the most demanding environments, such as capital markets. Organizations of all sizes in more than 100 countries worldwide use Datawatch products, including 93 of the Fortune 100. The company is headquartered in Bedford, Massachusetts, with offices in New York, London, Frankfurt, Stockholm, Singapore and Manila. To learn more about Datawatch or download a free version of its enterprise software, please visit: www.datawatch.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any such statements contained herein, including but not limited to those relating to product performance and viability, are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. The factors that could cause actual future results to differ materially from current expectations include the following: rapid technological change; Datawatch’s dependence on the introduction of new products and product enhancements and possible delays in those introductions; acceptance of new products by the market, competition in the software industry generally, and in the markets for next generation analytics in particular; and Datawatch’s dependence on its principal products, proprietary software technology and software licensed from third parties. Further information on factors that could cause actual results to differ from those anticipated is detailed in various publicly-available documents, which include, but are not limited to, filings made by Datawatch from time to time with the Securities and Exchange Commission, including but not limited to, those appearing in the Company’s Annual Report on Form 10-K for the year ended September 30, 2015. Any forward-looking statements should be considered in light of those factors.
Marketing Specialist, Angoss
416-593-1122, ext. 2448
Marketing Communications Manager, Datawatch Corporation