Datawatch Corporation is working with IBM to deliver improved data access and self-service data preparation to Watson Analytics and Cognos Analytics users.
As part of the agreement, IBM will resell Datawatch Monarch, Datawatch's self-service data preparation solution, which enables business analysts to access, manipulate and blend data from various sources.
Self-service data preparation is one of the key components in an effective analytics strategy, but in many instances an organization's source data is diverse and rarely presents itself in a form that is accessible or in the format needed to perform analytics. This is particularly the case in healthcare, where organizations use a wide range of health information systems.
Business analysts and data scientists typically spend up to 80 percent of their time manually preparing data, and it's estimated that only 12 percent of enterprise data is used today to make decisions,” Datawatch estimates.
With the Datawatch product, IBM Watson Analytics and Cognos Analytics users can prepare data from virtually any information source, from traditional databases to multi-structured documents, such as PDF and text reports, Web pages, JSON and log files that previously were difficult to incorporate.
"Many organizations still do not have access to the underlying data needed for critical insights, and as a result are spending entirely too much time preparing data and not enough time analyzing," said Marc Altshuller, vice president of Watson Analytics and business intelligence for IBM Analytics. "The ability to simply send data accessed and prepared in Datawatch directly to Watson Analytics and Cognos Analytics will enable businesses to quickly select any data source and automatically convert it into structured data for analysis. This will not only expedite time to insight, but it increases the likelihood of uncovering new insights that have the potential to transform the business."
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