Datawatch's Monarch 11 Delivers An Unparalled Self-Service Report Analytics And Report Mining Experience
Datawatch Corporation (NASDAQ-CM:DWCH), the leading global provider of report analytics products and services, today announced the commercial availability of Monarch 11, the only solution that provides business users with a self-service environment to create dynamic, enterprise-wide analytical solutions from existing static reports and business documents. Individuals and organizations who want to leverage Monarch 11 for report analytics and report mining can get a free trial download version!
Monarch 11 delivers enhancements in three key areas: user experience, data modeling and scalability. Monarch 11 users will recognize the Microsoft Office-style experience with familiar capabilities like contextual ribbon bars and intuitive navigation paths, which will greatly improve their user experience. These enhancements, combined with a more robust modeling engine, will make it easier and faster for organizations to map existing standard ERP reports, text files, HTML files, PDFs and semi-structured content into high performance report analytic solutions. Monarch 11 also provides improved scalability for enterprise applications, with increased capacity to work with up to 75 percent more data and native 64-bit support. These key enhancements now set a new standard for report analytics and data mining applications.
Ventana Research found in its benchmark research that only 11 percent of organizations are very satisfied with their efforts to get data from multiple sources and in multiple formats," said Mark Smith, CEO and Chief Research Officer, Ventana Research. "The paradigm of accessing and utilizing data from existing reports and business documents for getting insight can help organizations make effective decisions and take decisive action - which is what Datawatch offers with Monarch 11."
"Datawatch's extraordinary presence in the market is a testament to Monarch's self-service capabilities and its appeal to business users," said Michael Morrison, president and CEO, Datawatch. "With the release of Monarch 11, Datawatch extends the already impressive report analytics capabilities with increased performance and usability to our more than 40,000 customers worldwide. This release represents a significant step forward in the report analytics market."
Monarch is widely used by large global enterprises, including Wells Fargo, United Health Group, HSBC, McKesson, Microsoft, UPS and Lowe's, to empower business users to extract intelligence from the data trapped in the inflexible, isolated reports generated by various enterprise applications and third party systems. Datawatch's unique approach to solving longstanding reporting problems - extracting valuable intelligence from multiple reports and report formats instead of from relational data stores - provides business users with immediate demonstrable results at a fraction of the cost and time of traditional business intelligence approaches.