EXHIBIT 21.1

SUBSIDIARIES OF THE REGISTRANT

	PLACE OF
SUBSIDIARY	INCORPORATION	D/B/A NAME
Datawatch International Limited	England and Wales	Datawatch International Limited
Datawatch Pty Ltd.*	Australia	Datawatch Pty Ltd.
Datawatch GmbH*	Germany	Datawatch GmbH
Datawatch Analytics (Singapore) Pte Ltd. *	Singapore	Datawatch Analytics (Singapore) Pte Ltd.
Panopticon Software AB	Sweden	Panopticon Software AB
Panopticon Development AB **	Sweden	Panopticon Development AB

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* All of the shares of capital stock of Datawatch Pty Ltd., Datawatch Europe Limited, Datawatch GmbH and Datawatch Analytics (Singapore) Pte Ltd. are owned by Datawatch International Limited.

** All of the shares of capital stock of Panopticon Development AB are owned by Panopticon Software AB.