Witness Systems Receives Awards for Technology and Workforce Optimization Excellence; Company Earns Top Honors for Its IP Teleph
June 08 2005 - 9:32AM
Business Wire
Witness Systems (NASDAQ: WITS), a leading global provider of
workforce optimization software and services, today announced that
it has received multiple industry awards for technology and
innovation excellence in IP Telephony recording, speech analytics,
back office performance management and actionable learning.
Underscoring the benefits that customers receive from Witness
Systems' leading workforce optimization solutions, the following
prestigious honors reinforce the company's technology innovation
and commitment to solutions that enable enterprise collaboration,
service excellence and quality customer experiences. With more than
60 percent of the Fortune 100 represented among its customer base,
the company's workforce optimization solutions enable organizations
to optimize people, processes and technology throughout the
enterprise and along the complete contact center and IP Telephony
workforce continuum. TMC's "IP Contact Center 2005 Technology
Pioneer Award" Technology Marketing Corporation (TMC) and Customer
Inter@ction Solutions acknowledged Witness Systems' IP recording
software with the IP Contact Center Technology Pioneer Award. New
this year, the accolade recognizes companies that have created
truly innovative and successful IP contact center
products/services. TMC judged the "best of the best" in IP contact
center technology by evaluating features, functions or capabilities
that set them apart from others in the space. Witness Systems' IP
recording software, which supports converged voice/data networks,
enables 100 percent contact/customer interaction recording. The
software-based recording solution is cost-effective and can scale
down to a single channel to meet the needs of individual executives
or smaller businesses, as well as scale up to meet the demanding,
resilient and reliable full-time requirements of multi-site contact
centers. Customer Inter@ction Solutions Magazine "Speech Technology
Excellence Award" Witness Systems' speech analytics solution was
honored for its ability to leverage leading-edge speech analytics
technology, data-mining and trending capabilities to help companies
maximize their contact centers by improving efficiencies,
automating quality management and gaining early visibility into
customer support issues and trends. Communications Solutions
Magazine "Product of the Year Award" Witness Systems' back office
performance management solution was recognized as the first
solution to address the critical correlation between contact center
volume and back office processes. By auditing crucial back office
functions - such as order fulfillment, claims processing and
billing - the back office performance management solution enables
companies to better understand the inter-departmental impact back
office functions have on customer service and satisfaction.
Organizations gain insight to reduce unnecessary calls and minimize
customer frustration. In fact, one of Witness Systems' service
provider customers estimated that the solution saved more than $2.8
million annually by decreasing call volumes tied to billing-related
errors by five percent. SIIA "Best Corporate Learning Technology
Solution" Finalist The Software & Information Industry
Association's Codie Award for "Best Corporate Learning Technology
Solution" recognizes the leading technology platform, service or
provider that supports the continuing education of corporate
employees through electronic means. Witness Systems' customer
interaction editing e-learning solution enables organizations to
quickly identify and deliver targeted, personalized online training
directly to the customer service representative's desktop. By
applying and pushing individual skill sets to the agent population,
the solution provides a platform for continuous performance
improvement that results in a better skilled, more knowledgeable
workforce. "Witness Systems is honored to be recognized by these
distinguished industry visionaries and influencers for our
technology and workforce optimization leadership," said Nancy
Treaster, senior vice president of global marketing for Witness
Systems. "Through corporate growth initiatives and technology
innovation, Witness Systems is the only company capable of
delivering a tightly-integrated workforce optimization solution
that optimizes customer interactions and makes the call center a
more strategic part of the overall business." About Witness Systems
Witness Systems (NASDAQ: WITS) is a leading global provider of
workforce optimization software and services. The company's
solutions - which play a strategic role in the customer interaction
centers of Global 2000 and small- and medium-sized businesses
(SMBs) worldwide - also are deployed in IP Telephony and back
office environments, and throughout the extended enterprise,
including branch offices. Witness Systems' software is comprised of
quality monitoring, compliance, high-volume and IP Telephony
recording solutions, as well as workforce management, actionable
learning and performance management applications. The company's
solutions enable organizations to optimize their people, processes
and technology throughout the enterprise. Witness Systems'
customers benefit from an integrated business consulting,
implementation and training methodology that supports a rapid
deployment, enabling them to drive revenue, reduce operational
costs, and achieve greater customer retention and loyalty. For
additional information about Witness Systems, visit
www.witness.com. Cautionary Note Regarding Forward-looking
Statements: Information in this release that involves Witness
Systems' expectations, plans, intentions or strategies regarding
the future are forward-looking statements that are not facts and
involve a number of risks and uncertainties. They are identified by
words such as "anticipates," "expects," "intends," "plans,"
"believes," "estimates," and similar expressions. These statements
are based upon information available to Witness Systems as of the
date of this release, and the company assumes no obligation to
update any such forward-looking statement. Forward-looking
statements believed true when made may ultimately prove to be
incorrect. These statements are not guarantees of future
performance and are subject to risks, uncertainties and other
factors, some of which are beyond our control and may cause actual
results to differ materially from our current expectations. Some of
the factors that could cause actual future results to differ
materially from current expectations include fluctuations in
customer demand and the timing of orders; the company's ability to
manage its growth; the risk of new product introductions and
customer acceptance of new products; the rapid technological change
which characterizes the company's markets; the risks associated
with international sales as the company expands its markets,
including the risks associated with foreign currency fluctuations;
the ability of the company to complete and integrate successfully
any acquisitions or investments it may make; and the ability of the
company to compete successfully in the future, as well as other
risks identified under the caption "Management's Discussion and
Analysis of Financial Condition and Results of Operations" in the
company's Form 10-K for the year ended December 31, 2004 and its
Form 10-Q for the quarter ended March 31, 2005, as filed with the
Securities and Exchange Commission. Witness, eQuality and the
Witness logo are United States registered trademarks of Witness
Systems, Inc., protected by laws of the U.S. and other countries.
All other trademarks mentioned in this document are the property of
their respective owners.
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