Worldwide Customer Investment in Witness Systems' Workforce Management Software Accelerates
February 06 2006 - 9:37AM
Business Wire
As demand for forecasting and scheduling continues to rise, global
organizations select Impact 360 to optimize workforce performance
and manage to excellence Witness Systems (NASDAQ: WITS), a leading
global provider of workforce optimization software and services,
today announced increased demand and momentum around its
next-generation workforce management solution. As worldwide
organizations continue to make forecasting and scheduling top
priorities, the company and its Impact 360(TM) solutions are well
positioned to support and advance their workforce optimization
goals. "Our new next-generation Impact 360 Workforce Management
solution has been well received in the market, as evidenced by the
more than 25 percent of our packaged solutions coming from this
important area of the business," said Nancy Treaster, senior vice
president, global marketing for Witness Systems. "We performed
according to our stated plan in achieving our revenue targets for
this solution set, and as one of the anchor segments of the
workforce optimization market, it will continue to be a critical
aspect of the business value we offer our customers." Organizations
around the world continue to invest in Impact 360 Workforce
Management to optimize performance. Many are the direct result of
companies making initial investments in the technology, such as
Dickinson Financial and Teligence. Others - including Kable
Fulfillment Services, ClientLogic and California Casualty
Management - have experienced the value Impact 360 delivers and
extended their investments to now include workforce management.
These companies, and others, are leveraging Witness Systems' Impact
360 Workforce Management solution to increase forecasting accuracy
by factoring in a variety of methods and historical patterns;
creating optimal schedules more easily to reduce costs, while
reflecting each agent's unique skills, proficiencies and
preferences; monitor adherence, intra-day trends and other key
contact center metrics in real time; schedule and manage single,
multiple and virtual contact center sites across time zones; and
heighten employee satisfaction with online shift swapping, optional
shift bidding, time-off requests and more. The investment in
workforce management continues to grow among Witness Systems'
customer base and across the industry. According to Saddletree
Research, a research firm that provides industry information to
vendors involved in emerging contact center and communications
convergence markets, the greatest asset workforce management has
today is that it performs as promised and offers one of the most
straight-forward ROI analyses in the industry. "These attributes
bode well for the continued growth of the workforce management
industry, and already, we are seeing a majority of the growth in
workforce management software and systems will come from middle
ranks of the market," said Paul Stockford, chief analyst. "We
estimate that the number of workforce management software systems,
or sites, shipped will grow at an annual compound growth rate of
34.1 percent through 2008, leading to 8,920 systems shipped in
2008." About Impact 360 Workforce Management Impact 360 Workforce
Management is part of the Witness Systems' Impact 360 workforce
optimization solution. Only Impact 360 brings together workforce
management, quality monitoring/full-time recording, e-learning and
performance management under a flexible, scalable framework that
provides a single user interface and centralized administration. By
unifying these components under one architecture, Impact 360
maximizes the information flow with an enterprise while minimizing
the complexity of system administration. Witness Systems is
reinventing workforce management by uniquely combining an
easy-to-use set of software and services to simplify the task of
forecasting and scheduling, enabling contact centers to capitalize
on the unique skills and proficiencies of every agent. As a result,
companies can reduce costs by staffing appropriately to meet their
workload, drive business growth, and improve employee effectiveness
and retention. Thousands of users around the world rely on
workforce management solutions from Witness Systems each day to
help them optimize their workforce performance. About Witness
Systems Witness Systems (NASDAQ: WITS) is a leading global provider
of workforce optimization software and services. The company's
Impact 360(TM) solution - which plays a strategic role in the
customer interaction centers of Global 2000 and small- and
medium-sized businesses (SMBs) worldwide - is also 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. 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 September 30, 2005, as filed with
the Securities and Exchange Commission. Witness, Impact 360 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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