Welcome to our dedicated page for Verint Systems news (Ticker: VRNT), a resource for investors and traders seeking the latest updates and insights on Verint Systems stock.
Verint Systems Inc. (NASDAQ: VRNT) is a global leader in actionable intelligence® solutions. Founded in 1994 and headquartered in Melville, New York, Verint specializes in providing solutions that help organizations make timely and effective decisions. With over 4,800 dedicated professionals and offices worldwide, Verint serves more than 10,000 organizations in over 180 countries, including over 80 percent of the Fortune 100.
Verint's core business revolves around three critical challenges:
- Customer Engagement Optimization: Solutions that enhance customer experiences by capturing valuable data and using analytics to provide actionable insights.
- Security Intelligence: Systems designed to improve security measures and ensure safer environments.
- Fraud, Risk, and Compliance: Tools that assist in identifying and mitigating risks, preventing fraud, and ensuring regulatory compliance.
Verint's comprehensive solutions enable organizations to gather vast amounts of information from various data types and sources. The company employs advanced analytics to transform this data into actionable intelligence, facilitating improved customer engagement, enhanced security, and effective risk management. Recent achievements include expanding their product portfolio and forging strategic partnerships to enhance their service offerings.
Verint's value-added services are tailored to meet the needs of organizations across different industries, making it easier for them to bridge the gap between limited resources and increasing customer expectations. The company's innovative solutions have proven pivotal in driving enterprise performance improvements and making the world a safer place.
For investors and stakeholders looking for the latest updates and relevant information on Verint's performance, the company actively shares news and developments that highlight their ongoing projects and achievements.
Verint (NASDAQ: VRNT) announced it will release its first quarter financial results for the period ending April 30, 2024, on Tuesday, June 4, 2024. The company will hold a conference call at 4:30 p.m. ET on the same day to review these results and discuss its future outlook. The earnings press release will be made public after the market closes that day. Investors can view a real-time webcast of the conference call, including presentation slides, on Verint's Investor Relations webcast page. Participants can register in advance to receive dial-in numbers and a unique PIN for access.
Verint (NASDAQ: VRNT) has secured a $4 million contract with a major Australian bank to deploy its Workforce Management (WFM) and AI-powered TimeFlex Bot across 5,000 employees. This new contract signifies the bank's shift from another vendor's WFM solution to Verint's platform. Key benefits of the TimeFlex Bot include unlimited schedule changes, reduced employee attrition and absenteeism, and improved work/life balance for contact center agents. Previously, a multinational insurance company reported saving $2,000 per agent annually and reducing attrition by 30% using TimeFlex Bot.
Verint (NASDAQ: VRNT) has secured a $7 million contract with a longstanding Fortune 100 insurance customer. The three-year renewal involves the deployment of Verint’s Open Platform in a hybrid cloud mode to enhance AI-driven business outcomes. This deal features Verint's Work Allocation Bot, which uses AI models and behavioral data to optimize workforce efficiency by assigning tasks to the most suitable employees. The contract, signed in April and included in Verint’s fiscal Q1 roadmap, demonstrates the flexibility and value of Verint's hybrid cloud architecture for large enterprises.
Verint, a CX Automation Company, secured a $7 million contract with a Fortune 500 brand to deliver AI business outcomes. The customer will enhance CX automation by utilizing a hybrid cloud and deploying four AI-powered bots. Verint's Open Platform enables seamless integration of on-premises solutions with AI-powered bots in the cloud, providing measurable business benefits without the need for full cloud migration.
Verint (NASDAQ: VRNT) secures an eight-digit contract with a major retailer to enhance customer experience (CX) automation in contact centers. The company's AI solutions were chosen for their ability to deliver business outcomes through an open platform and AI-powered bots. This contract showcases Verint's leadership in CX automation.
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