The Managed Analytics Platform (introduced April 2015) is an enhanced derivative of legacy software Monarch. Both products address a new important requirement of big data analysis. This overlooked prerequisite of big data or data discovery called data prep is now the new must have for enhanced data analysis. Datawatch Monarch is the original data prep software. Datawatch has been selling, developing and improving Monarch software for 20 years. Just over the last 6 months to 9 months Gartner recognized that over 80% of the time spent with big data, data analysis was in data preparation.Datawatch’s Monarch software ignored for years by information research and advisory services such as Gartner. That’s changed. It was long overdue. Gartner’s officially recognizes data prep critical functionality. This will drive more business to Datawatch. At the end of Fiscal year 2014, Gartner published a report “Data Preparation Is Not an Afterthought”.
Major data analytic vendors such as Informatica, Alteryx, and smaller venture capital backed start up firms recently introduced data prep solution to feed visualization or analytic software such as Tableau. This new category was introduced over the past 6 to 9 months. Datawatch has a head start with access to multi structured documents that’s not being offered by the other data prep vendors. IBM uses Datawatch’s data prep Monarch technology to access semi structured content from their award winning content management solution (CMOD).