(BSNS WIRE) Datawatch Enters XML Arena With Powerful Legacy Conversion Tech
Datawatch Enters XML Arena With Powerful Legacy Conversion Technology
Business/Technology Editors
AIIM 2000
NEW YORK--(BUSINESS WIRE)--April 12, 2000--
New Technology Allows Users to Transform Invoices, Purchase
Orders, EDI Streams, and Legacy Reports Into XML Without Programming
Datawatch Corporation (NASDAQ: DWCH), a leading provider of
enterprise reporting solutions, data transformation tools and support
center software, announced today an XML product suite that transforms
legacy transaction documents and text data streams into XML on an
automated basis. The suite, which will be available to Datawatch
partners next quarter and to end-users in the fall, includes a
Windows-based XML GUI designer and an XML Data Pump. The technology
will also be incorporated into Datawatch's own line of enterprise
reporting products.
"XML is a simple and effective way to exchange information between
otherwise incompatible systems," said John Kitchen, vice president of
marketing at Datawatch. "However, transforming legacy information into
XML is not easy. Our solution takes advantage of the one thing all
transaction systems have in common: the ability to generate
transaction documents. Our new XML Suite translates those documents
into XML, thereby eliminating the need for companies to re-build the
documents or build a parallel XML reporting infrastructure.
"Datawatch is uniquely qualified to deliver this solution,"
continued Kitchen. "We've been honing our report-centric data
extraction technology for more than ten years with Monarch, our
industry-leading report mining tool. With more than 300,000 users,
we've learned how to tear apart even the most complex report layouts
with ease. Throw us any report, statement or transaction stream and we
can turn it into XML."
Datawatch's new XML Suite allows transaction data, statement data,
EDI streams, and other structured document information to be
extracted, scrubbed, transformed, validated, and converted to
well-formed XML on an automated basis without new programming. The
result is that users can quickly add XML capabilities to in-place
back-end transaction processing systems, helping organizations reduce
interoperability costs, and helping ISV's get products to market more
quickly.
"This technology is of great interest to us," said Tim Sloane,
vice president of product planning at Tilion. "Using the Datawatch
products the enterprise can stop worrying about how to produce
appropriate XML from legacy systems, and instead focus on how to
improve business processes by leveraging XML-enabled e-business. By
using Datawatch, Tilion expects its customers will more rapidly be
able to integrate business data into the Tilion Web Intelligence
solution."
A prime example of the value of Datawatch's approach to XML is
electronic bill presentment and statement delivery. By using existing
bill and statement creation processes to generate XML, users can
dramatically speed up e-commerce implementations while fully
leveraging their investment in existing systems. Other value examples
include formatting data streams as XML on an ongoing basis for third
party data providers, and helping financial institutions reconcile
information from different regions around the world.
"Datawatch's new initiative is an eminently sensible way to go
about implementing an XML reporting and analysis system," said Bob
Moran, managing vice president of decision support research at the
Aberdeen Group, Inc. "Enterprises should leverage the knowledge,
expense, and planning and development time contained within their
current reporting systems. Datawatch's XML suite will enable them to
do just that."
About the XML
Product SuiteDatawatch's product suite includes a Windows-based
XML GUI designer and an XML Data Pump. Each product will be available
first as an enabling technology for Datawatch partners and then as an
end user product.
The XML GUI Designer allows the user to view a sample copy of the
input document and break it into templates and fields. Each template
generates a table of records which can be logically filtered and
extended through calculated fields and database joins. The designer
also provides a visual interface for defining the relationship through
which the input templates map to an XML schema.
The XML Data Pump, when fed an individual input document or stream
of documents, has the ability to search the document profile database
and associate the appropriate profile with the input. Using the
profile, the XML Data Pump generates and outputs a series of XML
documents.
Integration with Other Datawatch Products
"We see XML as the interoperability standard for
business-to-business communication, so we plan to integrate XML
functionality into all of our desktop and server-based products in the
future," added Kitchen. "For example, our Monarch|ES Report Portal
will be able to create combined views of data from multiple sources
including reports, SQL databases and flat files, and output the result
as XML with no programming. Monarch Report Portal will also be able to
read and archive XML document types as well provide tagging for
transaction-level data sharing such as EDI. XML will greatly enhance
the value of our products for information sharing between enterprises
and their trading partners, channel partners and customers."
About Tilion
Based in Maynard, Mass., Tilion is building the advanced general
analytic infrastructure for the B2B value chain. Referred to by
analysts as the next infrastructure for the web, the --data value
management-- model adds intelligence to just gathering user profiles
and storing transactions. Tilion developers are helping to build and
deploy this new Internet infrastructure that will add intelligence to
the web. These advanced proprietary data enrichment methodologies and
analytical tools will provide customers with actionable insight into
their business and give them powerful competitive advantage.
About Datawatch Corporation
Datawatch Corporation is a leading provider of enterprise
reporting, data transformation and support center solutions that
enable organizations to increase productivity, reduce costs and gain
competitive advantage. Datawatch products are used in more than 20,000
companies, institutions and government agencies worldwide. Datawatch
is best known for its desktop report mining application Monarch, which
is used by more than 300,000 professionals worldwide. Monarch
technology is the de-facto standard for extracting data from report
files.
Datawatch has partnerships with leading technology venders
including IBM, Quest, and Mobius, and is a Microsoft Data Warehousing
Alliance 2000 Member. The company maintains offices throughout the US,
and in the United Kingdom, Germany, France and Australia.
Monarch, Monarch/ES, and Monarch/ES Report Portal are trademarks
of Datawatch Corporation. All other trademarks are the properties of
their respective owners.
FOR PRESS INFORMATION:Datawatch: Cheryl Delgreco, 617-723-4004,
delgreco@shore.net Datawatch Corp., 900 Chelmsford Street, Tower 3,
5th Floor, Lowell, MA 01851 Phone: 978-441-2200 Fax: 978-441-1114
www.datawatch.com
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