News Column

Datawatch Named One of Fastest Growing Public Companies in Massachusetts

August 14, 2014

By a News Reporter-Staff News Editor at Computer Weekly News -- Datawatch Corporation (NASDAQ: DWCH), a leading global provider of visual data discovery solutions, is one of the fastest growing public companies in Massachusetts, according to a recent study by Boston Business Journal. The company was ranked #32 out of the 50 fastest growing companies listed, thanks to a robust 69 percent growth rate in revenue since 2011.

Datawatch's momentum is the result of a strategic realignment the company began in 2011 starting with a new management team, new product direction, and the acquisition of the Swedish software company, Panopticon Software AB, last year that transformed the company into the only provider of visual data discovery against any source and structure of data - especially the dynamic in-motion sources so critical in today's business environment.

Datawatch's technology uniquely enables organizations to visualize and explore both historic and real-time data together. This powerful capability, which is rapidly changing the face of industries such as capital markets, energy management, government, and manufacturing, is foundational to many Big Data applications and where Datawatch sets itself apart in the market.

"Our company's new direction is paying big dividends. Businesses desperately need a new kind of visually-rich, real-time analytical environment to tackle challenges as soon as they occur to improve competitiveness. Our growth rate shows that our strategic shift into visual data discovery is delivering the right capabilities to a rapidly changing Big Data analytics market," said Ben Plummer, chief marketing officer and senior vice president, Strategic Alliances at Datawatch.

Keywords for this news article include: Software, Datawatch Corporation.

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Source: Computer Weekly News

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