According to eWeek: Businesses can't take advantage of all the data they collect. Datawatch Monarch Professional offers companies on a budget a way to mine that data and put it to use.

The review that was published in December makes the following points about Datawatch Corporation’s flagship product, Monarch Professional v11:

• Monarch offers many benefits for different types of users: The benefits offered by Monarch Professional are numerous and can be leveraged across multiple business segments. For example, the product can be used to scour data from previously generated reports to identify trends for marketing purposes. Auditors could choose to use the product to look for statistical anomalies across several archival data stores. The potential for an analytical platform that supports both structured and semi-structured data is almost unlimited; it all comes down to experimentation and manipulation of the data and then applying analytics to uncover value.
• Users can work with most types of data: both structured and semi-structured data. What's more, if you want to analyze the content of a large database, you can just dump all the data to an ASCII report and have at it—a methodology that eliminates the need to integrate Monarch Professional with databases (although integration is simple and only takes a few mouse clicks), or risk downtime while running complex analytics. By focusing on report output, Monarch Professional allows analytics to take place at any time, all without disrupting operations or impacting network performance. The product also offers a database connector, which allows users to grab information directly from SQL databases, as well as from Microsoft Access or Excel.
• Monarch Professional is straightforward and easy-to-learn. Users create a template, which offers instructions on how to extract the data out of an existing report and then transforms that data into a visual representation. This allows the users to manipulate the data. Once a template is created, it can be stored in a model file, which allows the template to be applied to future reports. There are several options available when building templates, which help users create a workable structure around unformatted data. Ideally, users can associate the header of a report with field names and then target the actual data on the report – transforming the original report into workable data that can be linked to other files or used to look up additional data from an external source, such as a SQL database. External data can be incorporated by using real-time lookups or via importation.
• Datawatch Monarch Professional V11 will prove to be the perfect tool for those individuals or workgroups looking to make better decisions using automated analytics without incurring the enormous investment in traditional business intelligence systems.

Monarch Professional, Datawatch’s flagship product, and part of it's Report Analytics Platform is breakthrough technology for designing and modeling your corporate report environment. Monarch enables you to easily extract vital corporate data and use that information in a dynamic reporting environment. Using Monarch Professional, you can design and model web-based reports and dashboards, distribute and publish sophisticated, state-of-the art reports throughout your organization. Monarch is easily implemented and managed without requiring scarce IT resources.

You can view the full article (PDF) here:

You can read the full article in eWeek here: here.