Datawatch announces partnership with MDS Tech Inc.

: Thursday, May 22 - 2014 @ 10:26

Datawatch Corporation , a leading global provider of visual data discovery solutions, and MDS Tech, part of the MiDiS Group and the holding company for numerous affiliates in the Middle East, Europe and Turkey, today announced a strategic regional partnership which will span Eastern Europe and the Middle East. MDS Tech companies, which offer full systems integration and best-of-breed solutions in Data Management, Business Analytics and Mobility solutions, will now offer the full Datawatch visual data discovery solution that optimises any data – regardless of its variety, volume, or velocity – and delivers next generation analytics.

With a core expertise in Enterprise Information Management projects developed over 21 years, MDS Tech delivers high value business solutions to its Tier-One customers in Banking, Public Sector, Healthcare, Telecommunications and Oil and Gas across the region.

“This was a key strategic decision for MDS Tech. In line with our vision to support a true and robust Big Data strategy that allows companies to access their valuable data assets regardless of data type, volume or velocity, we see Datawatch as a powerful addition that completes our solutions portfolio,” said Tony Achkar, vice president, MDS Tech states. “It helps companies quickly unlock the power of their Big Data and provides data streaming, integrating multiple formats including unstructured and semi-structured data, to deliver real-time business insight.”

As part of the agreement MDS Tech will provide pre-sales, consultancy and local language support across the Middle East, Turkey & Eastern Europe. This ‘one contract’ arrangement through MDS Tech companies allows customers to purchase, implement and get full support from a single trusted local supplier. The combined Datawatch and MDS Tech solution brings out the true value of next generation analytics and, as a measure of the commitment to this initiative, MDS Tech has set up a separate entity dedicated entirely to the sale and support of the Datawatch portfolio. This new organisation reports into Tony Achkar, and has been established to support all MDS Tech operations across the geos.

Haj Muntz, vice president, Datawatch EMEA adds, “The volume and variety of data that organisations need to analyse is growing exponentially, just as the speed of business is driving a transformation in the way these companies service their customers. The rapid expansion of the geography covered by MDS Tech amplifies this effect and so, to be successful, a new approach to data discovery is needed. In partnership with Datawatch, MDS Tech will be able to offer the full spectrum of innovation solutions to attain immediate business insight, spots trends, identify fraud and key business outliers to help with time-critical decision making. MDS have a reputation for quality, and in them we feel that we have found the ideal strategic partner to develop our footprint across the region.”

Investor Contact:
Datawatch Investor Relations
Phone: (978) 441-2200 ext. 8323

Media Contact:
Masa Milhem
Telephone : +971 4 3344 923

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Thursday, May 22- 2014 @ 10:26 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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