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Verint Recognized for Market Leadership in Customer Interaction Analytics

Fri Oct 31, 2014

High Customer Ratings and Top Scores from Ovum Reinforce Company’s Global Leadership Position

MELVILLE, N.Y., October 31, 2014Verint® Systems Inc. (NASDAQ: VRNT) today announced it has been named a Market Leader by industry analyst firm Ovum in the Ovum Decision Matrix: Selecting a Customer Interaction Analytics Vendor, 2014-15 report published September 15. Ovum cites Verint as a clear leader for customer interaction analytics capabilities, for which it achieved the top scores across all 10 technology assessment categories, and high ratings among customers that use Verint for industry-leading capabilities and workforce optimization (WFO) suite.

“Verint is one of the most mature vendors in the workforce optimization and customer analytics space with a well-established presence, proven reliability, and a great deal of experience delivering secure, advanced solutions to organizations,” says Aphrodite Brinsmead, senior analyst and Ovum Decision Matrix report author. “Verint also has high market impact scores, having gained a large installed base and shown consistent growth.”

Ovum further recognized Verint’s customer engagement optimization portfolio growth, including agent desktop capabilities through its February 2014 acquisition of KANA® Software. Adds Brinsmead, “The addition of KANA sets Verint apart with an integrated set of workforce optimization and customer service tools for omnichannel environments.”

Customer interaction analytics is one of the highest growth markets across WFO, according to Ovum.

It defines customer interaction analytics as tools used by enterprises to understand the context of large numbers of interactions across voice, chat, email, texting and social media channels. Its Decision Matrix evaluates vendors based on strength and breadth of technology, customer sentiment and market impact. Ovum selected vendors for comparison based on their ability to offer speech or text analytics, agent performance analytics and customer feedback management.

Additional highlights from Ovum's evaluation include:

  • Verint being recognized for a fully-featured suite of call recording, quality monitoring, workforce management, and customer interaction analytics tools; including out-of-the box, automatic trending for speech interactions without the need for users to predefine categories.
  • Verint achieving the top scores across all 10 of Ovum's technology evaluation categories: customer interaction tools, features, agent performance, interface and reporting, packaged solutions, integration deployment options, solution maturity, solution breadth and depth, and vendor strategy.
  • Verint receiving top ratings for product quality, range of analytics tools, features and functionality; and when asked which vendor names they recognized, customers most often responded Verint.

Learn more about Verint Customer Analytics solutions here.

About Ovum

Ovum is a leading global technology research and advisory firm. Through its 180 analysts worldwide it offers expert analysis and strategic insight across the IT, telecoms, and media industries. Founded in 1985, Ovum has one of the most experienced analyst teams in the industry and is a respected source of guidance for technology business leaders, CIOs, vendors, service providers, and regulators looking for comprehensive, accurate, and insightful market data, research, and consulting. With 23 offices across six continents, Ovum offers a truly global perspective on technology and media markets and provides thousands of clients with insight including workflow tools, forecasts, surveys, market assessments, technology audits, and opinion. In 2012, Ovum was jointly named Global Analyst Firm of the Year by the IIAR.

About Verint Systems Inc.

Verint® (NASDAQ: VRNT) is a global leader in Actionable Intelligence® solutions. Actionable Intelligence is a necessity in a dynamic world of massive information growth because it empowers organizations with crucial insights and enables decision makers to anticipate, respond and take action. Verint Actionable Intelligence solutions help organizations address three important challenges: customer engagement optimization; security intelligence; and fraud, risk and compliance. Today, more than 10,000 organizations in over 180 countries, including over 80 percent of the Fortune 100, use Verint solutions to improve enterprise performance and make the world a safer place. Learn more 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 and uncertainties, 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, 2014 and our Quarterly Report on Form 10-Q for the quarter ended July 31, 2014 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, the Company 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, 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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