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Customers Give Verint Top Scores in New Workforce Optimization Market Report

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Verint (Nasdaq: VRNT) announced it received top scores in various customer satisfaction categories from DMG Consulting's 2021/2022 Workforce Optimization/Workforce Engagement Management Report. Verint achieved perfect scores in seven Vendor Satisfaction categories, including product suite, implementation, and innovation, with an overall score of 5.0. Additionally, they excelled in 11 Product Features categories, maintaining an average score of 4.97. DMG Consulting noted Verint's focus on customer engagement following the spin-off from Cognyte Software, positioning it well for future growth in a rapidly evolving market.

Positive
  • Achieved top scores in seven Vendor Satisfaction categories with a perfect score of 5.0.
  • Maintained an average customer satisfaction score of 4.97 across 11 Product Features categories.
  • Recognized for innovation and high-quality service in a competitive market.
Negative
  • None.

MELVILLE, N.Y.--(BUSINESS WIRE)-- Verint® (Nasdaq: VRNT), The Customer Engagement Company, today announced that it has received top scores in multiple customer satisfaction categories according to DMG Consulting LLC’s 2021/2022 Workforce Optimization/Workforce Engagement Management Product and Market Report.*

The latest report presents an in-depth analysis of the contact center workforce optimization (WFO)/workforce engagement management (WEM) market, trends, competitive landscape, product suites, technology and innovation and features seven leading and contending vendors.

“The pace of innovation in the contact center is more rapid than at any time in the past. Artificial intelligence (AI), automation, analytics, digital transformation, self-service, and a lot more are changing the entire servicing world,” says Donna Fluss, president, DMG Consulting, “WFO/WEM applications are giving enterprise leaders the insights they need to greatly enhance their organizations, helping them to deliver a coveted service experience while becoming employers of choice.”

Verint achieved top customer satisfaction scores (5.0 out of 5.0) in seven Vendor Satisfaction categories including: WFO/WEM product suite, implementation, training, professional services, innovation, vendor communication, and overall vendor satisfaction. Analytics enabled QM, workforce management, interaction analytics, desktop analytics and predictive analytics received top customer satisfaction scores in the WFO/WEM Modules categories.

Verint had the highest average customer satisfaction score (4.97 out of 5.0) across 11 WFO/WEM Product Features categories including perfect scores in the following nine categories: supervisor UI/UX, agent UI/UX, regulatory and compliance features, system security, AI, automation, ease of integration with third party applications, level of integration and data sharing between modules, and ability to administer the entire suite from a centralized environment.

The company achieved the highest average customer satisfaction score (4.95 out of 5.0) across 10 WFO/WEM Suite Capabilities including perfect scores in the following nine categories:

  • Support the unique operational requirements of each voice and digital channel
  • Provide real-time agent guidance
  • Implement/support work at-home programs
  • Support a hybrid workforce of human and virtual agents
  • Integrate contact center and back-office departments
  • Engage, motivate, and retain agents
  • Improve agent effectiveness
  • Actively and passively capture the voice of the customer
  • Improve productivity

DMG’s Donna Fluss added, “Verint has become a pure-play customer engagement company following the spin-off of Cognyte Software. This singular focus will allow Verint to dedicate 100 percent of their resources to this fast growing market, which is expected to be highly beneficial for them.”

“The research presented by DMG Consulting provides valuable insight into this evolving market,” says Verint’s Celia Fleischaker, chief marketing officer. “The scores reflect Verint’s leadership in providing continuous support for work-from-home and hybrid work models as well as solutions like real-time agent assist that align agent performance with customer expectations. We are proud to be recognized by our customers in this report.”

Verint Workforce Management is available as part of the Verint Customer Engagement Cloud Platform and leverages artificial intelligence-infused automation and new mobile tools to streamline forecasting and scheduling and improve employee engagement. The solution offers an intuitive, modern, user experience that streamlines scheduling with fewer clicks and screens, making common tasks more efficient for workforce managers and simplifying the path to proficiency for new users. It reduces time and effort, taking into account sick and overtime employees, user skills and multilingual capabilities, time zone variations, and employment requirements. The solution also elevates candidate quality, accelerates time-to-hire and enhances employee retention through Intelligent Interviewing capabilities. With Verint Workforce Management, managers have the tools to meet service level agreements (SLAs) while also providing the workforce with the flexible, work-from-anywhere schedules they require.

About Verint

Verint® (Nasdaq: VRNT) helps the world’s most iconic brands – including over 85 of the Fortune 100 companies – build enduring customer relationships by connecting work, data and experiences across the enterprise. The Verint Customer Engagement portfolio draws on the latest advancements in AI and analytics, an open cloud architecture, and The Science of Customer Engagement to help customers close The Engagement Capacity Gap.

Verint. The Customer Engagement Company. Learn more at Verint.com.

* DMG Consulting LLC 2021/2022 Workforce Optimization/Workforce Engagement Management Product and Market Report. December 2021

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, 2021 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, VERINT DA VINCI, THE CUSTOMER ENGAGEMENT COMPANY, BOUNDLESS CUSTOMER ENGAGEMENT, THE ENGAGEMENT CAPACITY GAP and THE SCIENCE OF CUSTOMER ENGAGEMENT are trademarks of Verint Systems Inc. or its subsidiaries. Verint and other parties may also have trademark rights in other terms used herein.

Media Relations

Amy Curry

amy.curry@verint.com

Analyst Relations

Ryan Zuk

ryan.zuk@verint.com

Investor Relations

Matthew Frankel

matthew.frankel@verint.com

Source: Verint

FAQ

What customer satisfaction scores did Verint achieve in the DMG Consulting report?

Verint achieved top scores in seven Vendor Satisfaction categories, with a perfect score of 5.0.

What is Verint's average customer satisfaction score across WFO/WEM Product Features?

Verint maintained an average customer satisfaction score of 4.97 out of 5.0 across 11 WFO/WEM Product Features.

How does Verint's focus on customer engagement impact its market position?

Verint's singular focus on customer engagement after the Cognyte Software spin-off is expected to be highly beneficial in a fast-growing market.

What recognition did Verint receive from DMG Consulting?

Verint was recognized for continuous support of work-from-home and hybrid work models, achieving high customer satisfaction scores.

What are the key capabilities of Verint's Workforce Management solutions?

Verint's Workforce Management solutions support unique operational requirements, provide real-time agent guidance, and enhance employee engagement.

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Software - Infrastructure
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MELVILLE