TMCNet:  Verint Receives 2017 Vendor of the Year Award from Frost & Sullivan Asia Pacific

[July 06, 2017]

Verint Receives 2017 Vendor of the Year Award from Frost & Sullivan Asia Pacific

Verint® Systems Inc. (Nasdaq: VRNT) today announced that it received Frost & Sullivan's 2017 Asia Pacific Customer Contact Optimization Solutions Vendor of the Year Award. This marks the fourth year that Verint (News - Alert) has been recognized in the firm's APAC best practices awards, reinforcing its continued commitment and focus on helping customers achieve their business goals through the use of innovative customer engagement optimization solutions.

The vendor of the year award recognizes Verint's strong performance in key Frost & Sullivan (News - Alert) benchmarking criteria that include revenue and revenue growth, market share and market share growth, portfolio and other key achievements.

In addition, Frost & Sullivan's latest market share report titled Asia Pacific Contact Center Applications Market-released in June 2017-distinguished Verint's top leadership positions in several regional and segment categories, including:

  • Contact Center Application Vendor: #1 market share in APAC overall and key countries, such as Australia and India
  • Workforce Management Vendor: #1 market share in APAC overall and key countries, including India, China, Hong Kong, the Philippines, Singapore and Thailand
  • Quality Monitoring Vendor: #1 market share in APAC overall and key countries, including Australia, China, Hong Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, South Korea and Taiwan

Held annually, the awards program identifies superior performance by companies in a range of industries in Asia Pacific. Commenting on the awards, Krihna Baidya, head of customer contact research, ICT Practice - Asia Pacific at Frost & Sullivan says, "Verint dominates the customer contact optimization solutions domain with a market share of 40 percent in APAC, leading in the Quality Monitoring and Workforce Management applications segments. The vendor has focused on strengthening its analytics solutions capabilities to meet clients' needs for proactive customer engagement and enhancing customer loyalty, while also maximizing business revenue."


"We're pleased to be honored again as a best-in-class provider in Frost & Sullivan's 2017 Best Practices Awards for customer engagement optimization-as well as recognized for being named the largest contact center vendor in the APAC region for the first time. Our ongoing leadership also continues in the quality monitoring and workforce management solution categories," says Ady Meretz, president, Verint, Asia Pacific. "These distinctions go hand-in-hand with what we're seeing in working with our customers: a continuing shift in focus away from an ACD-centric approach to a customer experience-centric approach. This reinforces the attention on the applications around customer and employee analytics across all interaction channels to drive desired customer and business outcomes."

To learn more about Verint, click here.

About Verint Systems Inc.

Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. Today, more than 10,000 organizations in approximately 180 countries-including over 80 percent of the Fortune 100-count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we're creating A Smarter World with Actionable Intelligence® 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, 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, 2017, our Quarterly Report on Form 10-Q for the quarter ended April 30, 2017, and other filings we make with the SEC (News - Alert). 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, CONTACT SOLUTIONS, OPINIONLAB, ADTECH, CUSTOMER ENGAGEMENT SOLUTIONS, CYBER INTELLIGENCE SOLUTIONS, VOICE OF THE CUSTOMER ANALYTICS, NEXTIVA, EDGEVR, RELIANT, VANTAGE, STAR (News - Alert)-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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