Stock Quote        
  Join        Login  
logo

Tens of Thousands of Organizations Worldwide Rely on Monarch Professional From Datawatch

Tuesday, October 25, 2011 8:55 AM

Recent Datawatch Customer Survey Shows High Satisfaction in Transforming Static Data from Multiple Reports and Data Sources

CHELMSFORD, Mass., Oct. 25, 2011 /PRNewswire/ --Datawatch Corporation (NASDAQ-CM:DWCH), makers of Monarch Professional, the world's most widely used report analytics software, recently surveyed its customer base and found there is an almost universal need to extract static data from a variety of reports and data sources and turn that into information that can be analyzed, manipulated and reported on.  Additionally, survey respondents reported a high satisfaction with Monarch Professional and Datawatch.  

(Logo:  http://photos.prnewswire.com/prnh/20110711/NE33146LOGO)

New users to Monarch Professional have found the free trial version is a great way to get a taste of how Monarch can mine the data trapped in existing reports and documents.  To try Monarch Professional, visit: http://www.monarchpersonal.com/trial.html

"Monarch Professional is well-known as a tool to convert data from PDFs, to Microsoft Excel," said Terry Kerans, general manager, worldwide Monarch sales, Datawatch.  "Datawatch's recent customer survey proves that how our customers use Monarch Professional goes much deeper than report data extraction, delving into core IT systems and providing vital information to the C-suite."

Monarch Professional Extracts Data from Many Sources

The Datawatch customer survey showed organizations use Monarch to mine data from a striking number of different reports and data sources.  The most prevalent reports and data sources mined by Monarch were ERP systems such as SAP, Oracle and others, databases and data warehouse, and accounting applications.  

For more information on Source Systems http://photos.prnewswire.com/prnh/20111025/NE92307

Nearly half of respondents reported they use Monarch Professional to extract data from multiple systems and reports, not just a single source.  Survey respondents reported mining data from a variety of formats, including those formats with semi-structured data and loosely structured data.  These formats cannot be handled by traditional business intelligence tools.  

Monarch Professional is Used Across the Enterprise

More and more organizations are moving to data sharing and collaboration.  The Datawatch customer survey showed more than 60 percent of respondents are distributing data and reports sourced with Monarch Professional to others in their organization and outside of their organization, while nearly 50 percent are using Monarch Professional to export data to other IT systems.

Who's Using Monarch Professional

Monarch Professional is used worldwide, by organizations of all sizes, in almost all industries.  The top three industries using Monarch Professional were:

  • Financial Services
  • Healthcare
  • Manufacturing

More than 60 percent of survey participants worked in finance or administration departments or IT; 15 percent of Monarch Professional users hold roles in the C-suite.

About Datawatch Corporation

Datawatch Corporation (NASDAQ-CM: DWCH) empowers organizations to transform the massive amounts of valuable information that is trapped in static reports, PDF files, HTML and other content-rich, but difficult-to-use data sources, into a dynamic information analytics system that accelerates and improves decision-making throughout their operations. Datawatch's technology allows its more than 40,000 customers worldwide to leverage the investments they have made in reports from ERP, CRM and other custom applications into a high performance analytic information system at a fraction of the cost and time of traditional approaches. Datawatch is headquartered in Chelmsford, Massachusetts with offices in London, Munich, Sydney and Manila, with partners and customers in more than 100 countries worldwide. For more information, visit www.datawatch.com.

Media Contacts
Kelley Lynn Kassa
Datawatch Corp.
978-275-8240
Kelley_kassa@datawatch.com
@datawatch

© 2011 Datawatch Corporation. Datawatch, Monarch and their respective logos 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.

SOURCE Datawatch Corporation

(Source: PR Newswire )
(Source: Quotemedia)

Follow iStockAnalyst on Twitter Follow iStockAnalyst on Twitter
Subscribe to Email Alerts
Advertisement

Comments Closed





Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.