Boot Barn Launches Enhanced Security and Loss Prevention Initiative Leveraging Verint Video and Situation Intelligence Solutions
Leader in U.S. Country Western Wear is Deploying New Technology to Optimize Operations and Mitigate Shrinkage
MELVILLE, N.Y., February 11, 2016 — Verint® Systems Inc. (NASDAQ: VRNT) today announced that Boot Barn, America’s largest Western and Work Wear retailer, is deploying its video and situation intelligence solutions at various retail store locations to enhance operations and loss prevention efforts.
Boot Barn has been outfitting America since 1978, and today has more than 200 stores in 29 states, as well as online shopping at BootBarn.com. The Western and Work Wear retailer works diligently to ensure exceptional customer experiences, while delivering products with quality and value. To support this focus, Boot Barn invested in a new IP video solution to increase situational awareness across its stores and reach new levels of intelligence to help optimize operations and control shrinkage. Since its investment in Verint’s solutions in 2014, Boot Barn has continued to advance its focus on the security of its customers, employees and assets, which are paramount to its ongoing success.
“Our mission is to protect our assets in the most efficient and cost-effective manner possible,” says Brian Huff, director of loss prevention, Boot Barn. “Our objective was to identify a new IP surveillance solution that could provide higher-resolution video to streamline, and reinforce our investigative and operational efforts. Verint has helped us in both of these critical areas.”
With Verint EdgeVMS Vid-Center™, field and loss prevention leaders can view live and recorded video from their desktops to make real-time decisions quickly and efficiently. Combined with theEdgeVMS Op-Center™ diagnostic and management application, Boot Barn is able to monitor system health, gain access to firmware updates and issue alerts about potential problems. When anomalies within the surveillance system are recognized, Huff and his management team are immediately notified, enabling them to take a proactive approach to addressing issues. Verint Edge VMS Op-Center also provides Boot Barn with a high degree of control over both cameras and NVRs, which allows personnel to use the system more efficiently.
In addition, Boot Barn leverages 360-degree IP cameras from Verint partner Oncam to monitor store entrances in key locations. This technology enables broader surveillance coverage through a single camera, replacing up to six traditional cameras. These 360-degree IP cameras were ideal for Boot Barn because the devices allow LP personnel to gain expanded views above tall fixtures and displays.
“Verint worked closely with Boot Barn to help achieve its loss prevention and business goals and reach a higher level of situational awareness,” adds Steve Weller, senior vice president and general manager, Verint Video and Situation Intelligence Solutions™. “Insight into daily store operations is a crucial part of the company’s overall approach to loss prevention and security. With the advanced technology solutions from Verint in place, Boot Barn is able to identify potential issues, streamline investigations, control inventory and optimize store operations more effectively and efficiently.”
To learn more about the continuing deployment with Boot Barn, click here.
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.
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