Datawatch Corporation (Datawatch) helps companies make decisions and solve business problems by simplifying access to information. Datawatch transforms the massive amounts of data and documents generated inside or outside a company into actionable business intelligence, without any changes needed to existing systems. The Company offers its enterprise products through both the sale of perpetual licenses as well as through a subscription pricing model that allows customers to begin using the Company’s products at a lower initial cost of software acquisition. Subscription terms typically run 12 months or 24 months and automatically renew unless terminated with 90 days notice following the the subscription term. The subscription arrangement includes software, maintenance and unspecified future upgrades including major version upgrades. The products and services provided by the Company includes Monarch, Monarch Data Pump, Monarch Business Intelligence (BI) Server, Monarch Repo.