[November 28, 2017] |
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NICE Adaptive WFO Receives the Frost & Sullivan Award for Its Real-Time Scheduling Solution
NICE (Nasdaq:NICE) today announced that it has received Frost &
Sullivan's 2017 Customer Value Leadership Award for its intelligent
empowerment solutions in the contact center industry. The award
recognizes the company's cloud-based Adaptive Workforce Engagement
solution for uniquely empowering employees, supervisors, and workforce
administrators with automated, analytics-based intraday scheduling
optimization. NICE offers the only organically integrated adaptive
workforce optimization (WFO) solution on the market.
Frost & Sullivan (News - Alert) recognized NICE's
adaptive WFO solution for enabling comprehensive real-time responses
to dynamic staffing and employee needs. Specifically, the solution
dramatically improves employee engagement with personalized
mobile-friendly scheduling control and reduces the time it takes to
handle intraday staffing issues, thus ensuring consistent service
levels. These advantages were cited as providing significant price and
performance value, while empowering the contact center workforce.
By automating the schedule-change and scheduling processes and placing
more power in the hands of employees, NICE's
Adaptive WFO solution improves agent morale. As cited by Frost &
Sullivan, research by Millennial Branding showed that 45 percent of
Millennials would choose workplace flexibility over higher pay,
confirming the belief among over one-third of the members of the Society
of Workforce Planning Professionals that new employees prefer
schedule-change empowerment over a starting salary increase of 5-10
percent.
"For thirty-plus years, much has been written about the conflicting
priorities that contact center management has faced in balancing te
requirements to manage costs and increase operational efficiencies,
while improving the agent and customer experience," according to Nancy
Jamison, Principal Analyst, Digital Transformation, Frost & Sullivan.
"NICE has been able to elegantly navigate the conflicting priorities
found in the contact center, effectively transforming agents into active
workforce management partners to optimize overall staffing levels."
Miki Migdal, president of the NICE Enterprise Product Group "NICE's
cloud-based Adaptive Workforce Engagement solution provides a completely
new way of interacting with and managing the workforce. The Frost &
Sullivan award confirms the remarkable impact such a solution has on the
customer service market, creating a three-way win for employees,
organizations, and end customers with real-time responses to the
smallest fluctuations in demand. By combining adaptive capabilities,
automation, and greater agent visibility, Adaptive Workforce Engagement
is the next innovation in our ongoing reinvention of customer service."
About NICE NICE (Nasdaq:NICE) is the worldwide leading
provider of both cloud and on-premises enterprise software solutions
that empower organizations to make smarter decisions based on advanced
analytics of structured and unstructured data. NICE helps organizations
of all sizes deliver better customer service, ensure compliance, combat
fraud and safeguard citizens. Over 25,000 organizations in more than 150
countries, including over 85 of the Fortune 100 companies, are using
NICE solutions. www.nice.com.
Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE Ltd. All other marks are trademarks of
their respective owners. For a full list of NICE's marks, please see: www.nice.com/nice-trademarks.
Forward-Looking Statements This press release
contains forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Migdal, are based on the
current beliefs, expectations, and assumptions of the management of NICE
Ltd. (the Company). In some cases, such forward-looking statements can
be identified by terms such as believe, expect, may, will, intend,
project, plan, estimate, or similar words. Forward-looking statements
are subject to a number of risks and uncertainties that could cause the
actual results or performance of the Company to differ materially from
those described herein, including but not limited to the impact of the
global economic environment on the Company's customer base (particularly
financial services firms) potentially impacting our business and
financial condition; competition; changes in technology and market
requirements; decline in demand for the Company's products; inability to
timely develop and introduce new technologies, products, and
applications; difficulties or delays in absorbing and integrating
acquired operations, products, technologies, and personnel; loss of
market share; an inability to maintain certain marketing and
distribution arrangements; and the effect of newly enacted or modified
laws, regulations, or standards on the Company and our products. For a
more detailed description of the risk factors and uncertainties
affecting the company, refer to the Company's reports filed from time to
time with the Securities and Exchange Commission, including the
Company's Annual Report on Form 20-F. The forward-looking statements
contained in this press release are made as of the date of this press
release, and the Company undertakes no obligation to update or revise
them, except as required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171128005719/en/
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