Verint Named a Workforce Optimization Market Leader in New Research from DMG Consulting

Mon Nov 21, 2016

Company Ranks First in Five Categories, Including WFO and Recording Solutions (Without Video), Total Voice Recording and Quality Management/QA Applications

MELVILLE, N.Y., November 21, 2016Verint® Systems Inc. (Nasdaq: VRNT) today announced its leadership across multiple categories in DMG Consulting LLC’s 2016 Workforce Optimization (WFO) Mid-Year Market Share Report. Published in October 2016, the research analyzes market share and performance of industry vendors during the first half of 2016.

 

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Press Release

Verint Named a Workforce Optimization Market Leader in New Research from DMG Consulting

Mon Nov 21, 2016

Company Ranks First in Five Categories, Including WFO and Recording Solutions (Without Video), Total Voice Recording and Quality Management/QA Applications

MELVILLE, N.Y., November 21, 2016Verint® Systems Inc. (Nasdaq: VRNT) today announced its leadership across multiple categories in DMG Consulting LLC’s 2016 Workforce Optimization (WFO) Mid-Year Market Share Report. Published in October 2016, the research analyzes market share and performance of industry vendors during the first half of 2016.

Verint takes the first-place ranking in five of the seven categories evaluated across WFO suite providers. These include total company GAAP revenue and market share, WFO and recording solutions (without video), total voice recording, non-contact center voice recording and QM/QA applications.

The research projects that in the year ahead there will be growing demand in the market sector for solutions such as speech analytics, text analytics and desktop analytics. These tools help companies understand their customers better in order to drive enhanced engagement and experiences.

“Companies need the functionality offered by the WFO vendors. They need the traditional tools that give them visibility into staff performance,” notes Donna Fluss, president, DMG Consulting. “They also need analytically-oriented WFO applications that give them understanding and insights into their customers’ needs and wants.”

“At Verint, we continue to evolve our solutions to help organizations stay competitive in a changing market—enhancing customer and employee engagement, delivering high-caliber experiences and helping organizations achieve better business outcomes,” says Nancy Treaster, senior vice president and general manager, strategic operations, Verint.

About Verint Systems Inc.
Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimisation, security intelligence and fraud, risk and compliance. Today, more than 10,000 organisations in 180 countries—including over 80 per cent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® at www.verint.com.

This press release contains “forward-looking statements,” including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance, and they are based on management's expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2016, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2016, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

VERINT, ACTIONABLE INTELLIGENCE, MAKE BIG DATA ACTIONABLE, CUSTOMER-INSPIRED EXCELLENCE, INTELLIGENCE IN ACTION, IMPACT 360, WITNESS, VERINT VERIFIED, KANA, LAGAN, VOVICI, GMT, VICTRIO, AUDIOLOG, CONTACT SOLUTIONS, ENTERPRISE INTELLIGENCE SOLUTIONS, SECURITY INTELLIGENCE SOLUTIONS, VOICE OF THE CUSTOMER ANALYTICS, NEXTIVA, EDGEVR, RELIANT, VANTAGE, STAR-GATE, ENGAGE, CYBERVISION, FOCALINFO, SUNTECH, and VIGIA are trademarks or registered trademarks of Verint Systems Inc. or its subsidiaries. Other trademarks mentioned are the property of their respective owners.

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