Datawatch Introduces V7 of Monarch, Industry-Leading Report Mining and Analytic Software.Business Editors/High-Tech Writers LAS VEGAS--(BUSINESS WIRE)--May 20, 2003 Monarch V7 Delivers Data Access And Business Intelligence To The 90 Percent Of Knowledge Workers Shut Out By The Over Complexity Of Other Analytical Solutions 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 and IT support solutions, today released Monarch Version 7.0, an analytics and report mining application that matches the intuitive skills of most end users. Available in Standard and Professional Editions, Monarch V7 debuted publicly this week at the 2003 Datawatch User Conference in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . Monarch is the industry-leading analytics tool (over 400,000 copies sold) that allows PC users to easily extract, analyze and export data from any existing computer-generated report and other data sources without programming. Monarch Standard Edition uses reports as a source of data, while Monarch Professional Edition uses reports and adds the ability to import and combine data from other sources including databases, spreadsheets, ODBC (Open DataBase Connectivity) A database programming interface from Microsoft that provides a common language for Windows applications to access databases on a network. data sources and HTML HTML in full HyperText Markup Language Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web. files. The BI Tool For Everyone In The Enterprise "One of the least-addressed inefficiencies of BI tools is that many are entirely too complex to use without costly customization and extensive end user training. In that regard, Monarch V7 is the business intelligence and analysis tool for the rest of us (abuse) for The Rest Of Us - (From the Macintosh slogan "The computer for the rest of us") 1. Used to describe a spiffy product whose affordability shames other comparable products, or (more often) used sarcastically to describe spiffy but very overpriced products. 2. ," said John Kitchen, Datawatch's senior vice president of Desktop and Server Solutions. "It is precisely because of Monarch's ease of use and intuitive interface -- no programming or database expertise required -- that the software has been licensed by over 95 percent of the Fortune 500. Most business users have specific reporting and analysis requirements that do not require complex database queries or BI applications. Monarch strikes the best balance between BI features and common end user requirements." Key New Features and Enhancements in Monarch V7 Standard and Professional Editions -- Improved Performance - Monarch V7 works with those report files even larger than 2 GB. Plus, Monarch V7's maximum data capacity has more than doubled. -- New Data Capture Capabilities - Monarch V7 makes it easier to capture data then ever before. For example, Monarch makes it easy to capture all of the data in multi-column reports, such as name and address lists, customer statements, etc., in one session. The new Interactive Report View and Verify feature lets users view the results of their data capture model interactively, as they build it. New case-sensitive traps are a great aid in capturing data buried within complex reports. -- New Data Analysis Capabilities - Monarch V7 has 18 new and improved calculated field functions (including new Julian date A calendar notation in which the date is represented by one number. For example, the Julian date for December 11, 1942 is 2430705; while December 12, 1942 is 2430706. The Julian date is widely used with computers because it requires less programming to compare dates that are single functions) to manipulate text, dates and numeric values quickly and easily. Duplicate Value Filtering provides auditors and accountants the ability to easily mine duplicate payment amounts, as well as identify data for which no duplicates exist. Other improvements include an improved Calculated Field Expression Editor. -- Improved Summary View Features - Monarch V7 provides much more summary capabilities. Users can create their own summary-level measures, using a wide variety of new Summary Aggregations, plus arithmetic operators Symbols for arithmetic functions: + add, - subtract, * multiply, / divide. See precedence. , parentheses See parenthesis. parentheses - See left parenthesis, right parenthesis. and numeric values, enabling "What-If" analysis, and to produce whatever summarized data they require. Improved summary field formatting, including new font styles A typeface variation (normal, bold, italic, bold italic). (bold, italic, underline), enable the customized look each user prefers. -- New Data Exporting Capabilities - Monarch V7 offers a new Export Wizard that allows users to export all filters and/or all summaries to Excel, Access, etc., at one time. Users can now choose to export their data as separate files in one folder, or as multiple tables within one file. -- New Model and Project Information Viewing - Monarch V7 makes it much easier for users to view Monarch model and project information. Users can see all information contained in the model and/or project in one easy view. Models and projects can also be saved in XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. format, so that they become self-documenting. Key New Features and Enhancements in Monarch V7 Professional Edition -- Improved Data Import Capabilities - Monarch V7 Professional provides vastly expanded capabilities to import and lookup A data search performed within a predefined table of values (array, matrix, etc.) or within a data file. data in virtually any data source, without programming. Users can now define lookups ("left outer join") to up to nine different data sources in one session - previous versions of Monarch Pro allowed only one lookup. V7 also allows users to link a new data source to any other previously defined data source. -- Improved Data Filtering Capabilities - Monarch V7 Pro makes it much easier and faster to import the data users need by providing the ability to specify a data filter on external data sources including ODBC, Access, Excel files, etc., in place of importing the entire contents of a specified data source. Monarch V7 Pro also displays sample data from external database much faster than before, making it even easier for users to import. -- New Project Export Capabilities - Monarch V7 Pro allows users to build a list of Export Jobs that can be saved as one or more "Project Exports." One or all Export Jobs can be run with just one click, or run at the Command Line level. "By far, Monarch is the easiest to use report mining application. It allows me to quickly access the report data I need, create new reports and summaries, export those to Excel and other applications, and conduct the business analysis required by my customers," said Tom Whiteside, an independent finance and accounting consultant whose clients have included Airtouch, Ingram-Micro, Baxter Health Care, BAX Global BAX Global is an international shipping company that is headquartered in Irvine, California, and has other major offices in Australia, Singapore, London, The Netherlands, and Toledo, Ohio. , and Toshiba. "With other BI tools, I've found cost and complexity would spiral, beginning with IT setup against databases, customizing the features and interfaces, and essentially learning how to use a new application. With Monarch, users can work with it right out of the box, especially if they have any experience with Excel." "We have been using Monarch for many years and have integrated it into our healthcare management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects practice in a variety of areas including operations improvement, revenue cycle management, audits, data modeling/prototyping, business intelligence reporting The preparation and conveyance of information by any means. More commonly, the term is restricted to reports as they are prepared by the collector and as they are transmitted by the collector to the latter's headquarters and by this component of the intelligence structure to one or more and data warehousing See data warehouse. data warehousing - data warehouse . If a client does not have Monarch, we generally recommend that they purchase it prior to the completion of our engagement," said Richard Ouellette, 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 systems integrator Management Decision Systems, Inc. "The new Monarch Version 7 certainly enhances the product's capabilities. Simply stated, we view Monarch as a versatile Swiss army knife for acquiring data and transforming it into meaningful information." REQUIREMENTS AND COMPATIBILITY Monarch V7 Standard and Professional Editions require Windows 98, Windows 2000, Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. 4.0+, Windows ME (Windows Millennium Edition) An upgrade to Windows 98 introduced in 2000. Windows ME added more support for digital cameras, multi-player Internet games and home networking. or Windows XP The previous client version of Windows. XP was a major upgrade to the client version of Windows 2000 with numerous changes to the user interface. XP improved support for gaming, digital photography, instant messaging, wireless networking and sharing connections to the Internet. . Upgrading is easy: both Editions install in minutes and read model files created with earlier versions of Monarch. PRICING AND AVAILABILITY Monarch V7 Standard and V7 Professional Editions are available immediately. Monarch V7 Standard Edition's list price is $635 for a single user and $1,945 for a network of four users. Monarch V7 Professional Edition's list price is $765 for a single user and $2,365 for a network of four users. A single user upgrade from V6 Standard Edition to V7 Standard Edition is $169. A single user upgrade from V6 Standard Edition to V7 Pro Edition is $279. A single user upgrade from V6 Pro Edition to V7 Pro Edition is $169. Monarch is available through leading resellers and by calling Datawatch directly at 800-445-3311. ABOUT DATAWATCH CORPORATION Datawatch Corporation is a leading provider of business intelligence 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 em·bed also im·bed v. em·bed·ded, em·bed·ding, em·beds v.tr. 1. To fix firmly in a surrounding mass: embed a post in concrete; fossils embedded in shale. 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, fax 978-441-1114; http://www.datawatch.com. |
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