CHELMSFORD, Massachusetts and SINGAPORE, Nov. 21, 2013 (ANTARA/PRNewswire) -- Datawatch Corporation (NASDAQ-CM: DWCH), the leading global provider of visual data discovery solutions and Abeo Electra, a provider of IT Solutions and Services, today announced a partnership to deliver clear and effective visual analytic solutions to SMEs and large organisations.
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Through this partnership, clients from industries ranging from retail and hospitality to engineering, construction and manufacturing will benefit from the technology which is capable of presenting meaningful analysis of data with speed, accuracy and efficiency.
"More companies have begun to recognise the importance of analysing and optimising all data, which is vital for improving and enhancing businesses. We choose to partner with Datawatch because they are experts in their field and they add value to our business. Visual Data Discovery for SAP would help SMEs (small and medium enterprises) and big companies to manage and analyse large amounts of data easily and accurately," said Michael Lim, chief executive officer of Abeo Electra.
"We are delighted to be the partner of choice for Abeo Electra, and are very proud to present Visual Data Discovery for SAP for existing and future clients," said Karl Mouantri, managing director of Datawatch Asia Pacific. "What appealed to us about Abeo Electra was their exceptional understanding of Visual Data Discovery, Business Intelligence and Big Data, which makes them well-positioned to successfully represent us across the ASEAN Region."
Datawatch provides the ability to integrate structured, unstructured, and semi-structured sources with real-time streaming data into visually rich analytic applications. Such visual formats will aid in unlocking valuable insights from static reports and other text-based files for ease of management and analysis of rich data. With a reliable analytical infrastructure in place, businesses will be able to diagnose and assess patterns, define areas for improvement and determine opportunities for competitive advantages.
With Datawatch, Abeo Electra can further reach out to businesses across South-East Asia and other emerging markets with one of the most cost-effective and compelling business IT solutions in the region. Available immediately, Visual Data Discovery for SAP will be a value-add to their comprehensive list of end-to-end IT Solutions and Services offered.
About Abeo Electra
Both Abeo and Electra are SAP Gold Partner and SAP MasterVar (MVAR) with a strong presence in Singapore, Malaysia, Vietnam, Myanmar, Cambodia, Laos, Nepal, Bhutan and the Maldives, offering SAP's Business All-in-One Solution and SAP's Business One, SAP's Business Analytics (BI), SAP's HANA, SAP's Rapid Deployment Solutions (RDS), and SAP's Mobility that support Medium & Large Enterprises (MLE) and Small & Medium Enterprises (SME) from varied industries, in the spectrum of Business Process Consulting, Enterprises Solution Implementation, Help Desk Support and Enterprise System Audit.
Driven by business and driven on IT, Abeo Electra brings a wealth of knowledge in IT consulting to a variety of industries across the SEA region including the following; Retail, Consumer Goods & Products, Engineering, Construction & Operations, Industrial Machinery & Components, Chemical Processing & Manufacturing, Oil & Gas, Hospitality & Tourism, Transportation & Logistics, HealthCare and Wholesale Distribution. For more information, visit www.abeo-electra.com.
ABOUT DATAWATCH CORPORATION
Datawatch Corporation (NASDAQ-CM: DWCH) provides visual data discovery software that optimizes any data – regardless of its variety, volume, or velocity – delivering next generation analytics to reveal valuable insights for improving business. Its unique ability to integrate structured, unstructured, and semi-structured sources like reports, PDF files and EDI streams with real-time streaming data into visually rich analytic applications allow users to dynamically discover key factors that impact any operational aspect of their business. This ability to perform visual discovery against any data sets Datawatch apart in the big data and visualization markets. Organizations of every size, worldwide use Datawatch products, including 99 of the Fortune 100. Datawatch is headquartered in Chelmsford, Massachusetts with offices in New York, London, Munich, Stockholm, Singapore, Sydney and Manila, and with partners and customers in more than 100 countries worldwide. See the Whole Story for yourself by downloading the free trial at www.datawatch.com/trial.
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, including but not limited to those relating to results of operations, contained herein 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: risks associated with the continuing weak global economy; risks associated with fluctuations in quarterly operating results due, among other factors, to the size and timing of large customer orders; risks associated with acquisitions, including the recent acquisition of intellectual property from Math Strategies and the acquisition of Panopticon; the volatility of Datawatch's stock price; limitations on the effectiveness of internal controls; rapid technological change; Datawatch's dependence on the introduction of new products and possible delays in those introductions; competition in the software industry generally, and in the markets for next generation analytics in particular; Datawatch's dependence on its principal products, proprietary software technology and software licensed from third parties; risks associated with international sales and operations; risks associated with indirect distribution channels and co-marketing arrangements, many of which were only recently established; the adequacy of Datawatch's sales returns reserve; risks associated with a subscription sales model; Datawatch's dependence on its ability to hire and retain skilled personnel; disruption or failure of Datawatch's technology systems that may result from a natural disaster, cyber-attack or other catastrophic event; and uncertainty and additional costs that may result from evolving regulation of corporate governance and public disclosure. 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, 2012, Form 10-Q for the quarters ended December 31, 2012, March 31, 2013 and June 30, 2013, and Definitive Proxy Statement on Schedule 14A filed with the SEC on August 5, 2013. Any forward-looking statements should be considered in light of those factors.
Investor Contact:
Datawatch Investor Relations
investor@datawatch.com
Phone: +1-978-441-2200 ext. 8323
Media Contacts:
Sarah Bernardi
Datawatch Corporation
Sarah_Bernardi@datawatch.com
Phone: +1-978-441-2200 ext. 8387
Twitter: @datawatch
Kumudha
Flame Communications (PR Agency of Abeo Electra)
E-mail: Kumudha@flamecomms.com
Tel: +6259-3193
© 2013 Datawatch Corporation. Datawatch and the Datawatch logo are trademarks or registered trademarks of Datawatch Corporation in the United States and/or other countries. All other names are trademarks or registered trademarks of their respective companies.
Editor: PR Wire
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