Verint Wins $7 Million Contract to Deliver AI Business Outcomes for Fortune 500 Brand
May 09 2024 - 10:46AM
Business Wire
Customer to Increase CX Automation with Hybrid Cloud and Four
AI-Powered Bots
Verint® (NASDAQ: VRNT), The CX Automation Company™, announced
today a Fortune 500 company has selected the company to deploy
artificial intelligence (AI) business outcomes, now.
As an existing on-premises customer the brand is taking
advantage of the hybrid cloud architecture supported by the Verint
Open Platform. They decided to keep their current solutions
on-premises and add four AI-powered bots in the cloud. The Verint
Open Platform supports hybrid cloud configurations that enable
customers to quickly deploy AI-powered bots and immediately benefit
from measurable business outcomes without the need to first migrate
legacy solutions to the cloud.
“We’re delivering AI business outcomes that brands can achieve
now without the cost, delay and disruption of changing their
current ecosystem,” says Verint’s Jaime Meritt, chief product
officer. “The Verint Open Platform integrates seamlessly with
existing cloud and on-premises solutions and makes it easy for
large enterprises to rapidly deploy AI-powered bots through a
hybrid cloud architecture.”
The contract includes four AI-powered bots: Exact Transcription
Bot, Interaction Wrap Up Bot, Data Insights Bot and Quality Bots.
The win was on Verint’s fiscal first quarter roadmap and includes
Bundled SaaS and Unbundled SaaS deployments with a three-year
term.
Visit Verint Open Platform to learn more.
About Verint
Verint® (NASDAQ: VRNT) is a leader in customer experience (CX)
automation. The world’s most iconic brands - including more than 80
of the Fortune 100 companies - use the Verint Open Platform and our
team of AI-powered bots to deliver tangible AI business outcomes
across the enterprise.
Verint, The CX Automation Company™, is proud to be Certified™ by
Great Place To Work®. Learn more at 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, 2024, and other filings
we make with the SEC. 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, VERINT DA VINCI, VERINT OPEN CCAAS, THE CX AUTOMATION
COMPANY, THE CUSTOMER ENGAGEMENT COMPANY, AND THE ENGAGEMENT
CAPACITY GAP are trademarks of Verint Systems Inc. or its
subsidiaries. Verint and other parties may also have trademark
rights in other terms used herein.
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version on businesswire.com: https://www.businesswire.com/news/home/20240509863544/en/
Media Relations Sue Huss sue.huss@verint.com
Investor Relations Matthew Frankel
matthew.frankel@verint.com
Verint Systems (NASDAQ:VRNT)
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