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Verint Cited as Workforce Optimization Market Share Leader in New Research from DMG Consulting

Wed Dec 23, 2015

Latest Analyst Report Positions Company as Leader Across WFO, Recording, Quality Management and more 

MELVILLE, N.Y., December 23, 2015 —Verint® Systems Inc. (NASDAQ: VRNT) today announced that it has been named a leader in the workforce optimization (WFO) market according to DMG Consulting LLC’s 2015 Workforce Optimization (WFO) Mid-Year Market Share Report. Published in October 2015, the research indicates that during the first half of 2015, “Verint was the WFO market leader and the strongest performer,” as well as the largest WFO vendor in the market.

As reported in DMG Consulting’s new research, Verint remained the leading vendor in many of the categories measured, including total company GAAP revenue, WFO and recording solutions (without video), total voice recording, non-contact center voice recording, and QM/QA applications categories.

“The need for solutions that help companies optimize and engage employees in the front- and back-office is not going to disappear," notes Donna Fluss, president, DMG Consulting LLC. "Back-office and branch WFO has great potential, and we expect customer journey analytics solutions to become essential for organizations, as these applications give visibility into all aspects of the customer lifecycle.

Verint Customer Engagement Optimization solutions offer a robust blend of software and services spanning workforce optimization, customer analytics and engagement management (KANA) capabilities that enable global enterprises to capture and manage cross-functional information around customer interactions, business processes and workforce performance. These solutions are designed to enhance customer engagement and loyalty, improve operational efficiency and help reduce risk, while driving revenue performance. The software uses actionable intelligence to uncover trends and identify why certain customer and employee behaviors are occurring to help foster seamless interactions across channels and organizations, including back-office and branch locations.

“Being named the market leader by DMG Consulting and maintaining a leadership position in so many areas underscores Verint’s commitment to customer-centricity across multiple delivery models. Likewise, it reinforces our focus on innovative solutions designed to help organizations enhance customer and employee engagement, deliver high-caliber experiences and achieve better business outcomes,” says Nancy Treaster, senior vice president and general manager, strategic operations, Verint Enterprise Intelligence Solutions

About Verint Systems Inc.

Verint® is a global leader in Actionable Intelligence®, which has become a necessity in a dynamic world of massive information growth. By empowering organizations with crucial insights, Verint solutions enable decision makers to anticipate, respond and take action, and make more informed, effective and timely decisions. Our solutions are designed to address three important areas of the actionable intelligence market: customer engagement optimization; security intelligence; and fraud, risk and compliance. Verint’s vision is to create A Smarter World with Actionable Intelligence®, and today, more than 10,000 organizations in over 180 countries—including over 80 percent of the Fortune 100—already benefit from this vision. Learn more at www.verint.com and NASDAQ: VRNT. 

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, 2015, our Quarterly Report on Form 10-Q for the quarter ended October 31, 2015, 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, 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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