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U.S.-Based Energy Company Expands Use of Verint Customer Engagement Optimization Solutions
[January 14, 2016]

U.S.-Based Energy Company Expands Use of Verint Customer Engagement Optimization Solutions


Verint® Systems Inc. (NASDAQ: VRNT) today announced that a U.S.-based energy company has extended its use of Verint Customer Engagement Optimization solutions. Having added the company's advanced speech analytics to its customer service environment, the energy supplier has enhanced the customer experience, improved customer loyalty and increased retention. The result has been a greater number of highly-satisfied customers, which has contributed to the organization's "top 10 ranking" in the call center market by an industry training and consulting firm.

Having previously faced challenges related to retaining existing customers and driving new customer acquisition, the energy company sought to better leverage its own rich repository of unstructured voice of the customer data. Already a user of Verint Workforce Optimization that was yielding many operational benefits, the organization extended its investment in mid-2015, adding Verint Speech Analytics. Today, the company extracts and harnesses the wealth of customer information in its possession by mining recorded calls to surface customer sentiment and trends, which supports its ability to take action based on the voice of its customers to enable better business outcomes.



In the utility company's environment, workforce optimization-specifically solutions for quality management, workforce management, PCI and desktop analytics-and now speech analytics work together to help drive more effective and personalized customer engagement. Verint (News - Alert) Speech Analytics automatically surfaces the voice of the customer and other valuable insights from high volumes of recorded calls, helping organizations take action quickly based on this intelligence. Speech analytics helps reveal the information essential for enterprise customer service organizations to pinpoint cost drivers and trends, as well as the strengths and opportunities tied to offers, products and services, and processes within an organization. It also provides sophisticated conversational analytics to automatically identify, group and organize the words and phrases spoken during calls into themes.

Click here to learn more information about Verint Customer Engagement Optimization solutions.


About Verint Systems Inc.

Verint® is a global leader in Actionable Intelligence®, which has become a necessity in a dynamic world of massive information growth. By empowering organizations with crucial insights, Verint solutions enable decision makers to anticipate, respond and take action, and make more informed, effective and timely decisions. Our solutions are designed to address three important areas of the actionable intelligence market: customer engagement optimization; security intelligence; and fraud, risk and compliance. Verint's vision is to create A Smarter World with Actionable Intelligence®, and today, more than 10,000 organizations in over 180 countries-including over 80 percent of the Fortune 100-already benefit from this vision. Learn more at www.verint.com and NASDAQ: VRNT.

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, 2015, our Quarterly Report on Form 10-Q for the quarter ended October 31, 2015, 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, ENTERPRISE INTELLIGENCE SOLUTIONS, SECURITY 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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