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Datawatch Adds Subscription Pricing Option for Enterprise Software; New Pricing Model Ensures Customers Can Choose the Best Price/Performance Balance to Fit Their Requirements.


Business Editors/High-Tech Writers

LOWELL, Mass.--(BUSINESS WIRE)--Nov. 10, 2003

Datawatch Corporation (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: DWCH), a leading provider of business intelligence, data transformation and IT support solutions, today announced it has added a monthly subscription pricing option for its enterprise applications. In use by a number of Global 2000 companies, government agencies, large financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 firms and healthcare providers around the world, Datawatch enterprise applications offer innovative and cost-efficient Web-based solutions to the business intelligence, service management and help desk support markets.

"Organizations are looking to work with vendors that provide flexible licensing options which meet their business needs and budgetary constraints," said Robert Hagger, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Datawatch. "For our customers and prospects, a new subscription licensing model means they can adjust costs according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 growth rates Growth Rates

The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures.

Notes:
Remember, historically high growth rates don't always mean a high rate of growth looking into the future.
 and users' needs, while dramatically reducing upfront capital costs. For Datawatch, subscription pricing will allow the company to build a strong recurring revenue stream on which to grow the business. We are very excited about the prospects for this new innovation."

Biblionet Groningen, a library organization made up of 66 localized public libraries serving all the residents in the province Groningen, located in the Netherlands, recently selected Datawatch|ES for its enterprise reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place.  and data analysis needs. Hans van Dijk van Dijk can refer to:
  • Arjan van Dijk (born 1987 in Utrecht(, dutch football player
  • Bill van Dijk (born 1947 in Rotterdam), dutch singer
  • Bryan van Dijk (born 1981), dutch judoka
  • Dick van Dijk (born 1946 in Gouda), dutch football player
, Biblionet Groningen's head of Information & Communications Technology, said, "The enterprise subscription pricing option was an attractive alternative for our library. It ensured that this area of our IT costs became predictable, and didn't require a large initial payment that would have exceeded our current budget levels. It was yet another positive factor that led us to adopt the Datawatch|ES enterprise reporting system, and enabled us to start using the product right now, without waiting for new budgets."

ABOUT DATAWATCH CORPORATION

Datawatch Corporation is a leader in business intelligence, data transformation and IT support solutions that help organizations increase productivity, reduce costs and gain competitive advantage. Datawatch products are used in more than 20,000 companies, institutions and government agencies worldwide.

Datawatch works with VARs, integrators, consultants and independent software vendors who sell and support Datawatch products. In addition, Datawatch works with OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  customers who embed Datawatch components and technologies in their own solutions. The corporate address for Datawatch is 175 Cabot Street, Suite 503, Lowell, MA 01854-3633; telephone (978) 441-2200.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 10, 2003
Words:380
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