|[March 15, 2017]
Gartner Cites Verint as a Representative Vendor in New Market Guide for Robotic Process Automation Software
Systems Inc. (Nasdaq: VRNT) today announced that it has been named
to Gartner's (News - Alert) latest Market Guide for Robotic Process Automation
The research states, "RPA vendors have experienced a huge surge in
global interest in the last 12 months from shared-service center heads
and managers of business process outsourcing (BPO) contracts. This is
fueled by the promise of fast ROI…. Banks, insurance companies, and
anyone with peaks and troughs in hiring and an unmodernized accounts or
human resources suite of applications are finding potential for at least
some, if not significant, RPA deployment."2
Process Automation™ uses software robots to automate,
manage and execute high volumes of time-consuming business processes
around-the-clock each day. By automating repetitive and time-consuming
processes, it allows employees to focus on more complex and value-added
customer activities. Organizations also can significantly reduce the
need for manual processing of routine tasks or entire multi-step
processes to improve the quality and consistency of transactions.
Enterprises can benefit from increased operational efficiency, improved
productivity and quality, while maintaining the security of sensitive
information and helping ensure regulatory compliance.
"We beliee Gartner's listing of Verint (News - Alert) in the RPA Software Market Guide
highlights our growth and momentum in this relatively new and high
interest market," says Nancy Treaster, senior vice president and general
manager, strategic operations, Verint. "As we continue to advance our
customer engagement optimization portfolio-including solutions like
Robotic Process Automation-our focus remains on helping organizations
increase the efficiency of their workforce, heighten the customer
experience, and optimize customer engagement to achieve better business
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.
1,2 Gartner, "Market Guide for Robotic Process Automation
Software" by Cathy Tornbohm, November 7, 2016
Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select
only those vendors with the highest ratings or other designation.
Gartner research publications consist of the opinions of Gartner's
research organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with respect to
this research, including any warranties of merchantability or fitness
for a particular purpose.
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, 2016, our Quarterly Report on
Form 10-Q for the quarter ended October 31, 2016, 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.
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