Workforce Optimization Solution: The Year-In-Review; A Year Following Its Launch, Unified WFO Solution from Witness Systems Con
August 21 2006 - 10:08AM
Business Wire
Witness Systems (NASDAQ: WITS), a leading global provider of
workforce optimization software and services, today announced
continued momentum and milestones tied to its market-leading Impact
360(TM) Workforce Optimization (WFO) solution. Since launching the
software one year ago, global customers, industry analysts and
market consultants have praised the solution's unique business
integrations and single framework, which are incorporated within
its workforce optimization, workforce management, quality
monitoring and compliance recording packages. Highlights include:
-- Direct from User and Technology Market Guru - Customers and
subject matter experts have voiced their opinions about Impact 360
Workforce Optimization. Customer Asurion, a leading provider of
specialty insurance and other marketing services to wireless
carrier partners: "Providing world-class customer service is a
primary objective for our company, and Witness Systems' approach to
workforce optimization is one that complements our focus. With
workforce management and quality monitoring solutions, we can
better forecast and schedule, as well as hear more of the customer
voice and gain market insight that we need to make critical
decisions." Geoffrey Moore, Author of Dealing with Darwin: How
Great Companies Innovate at Every Phase of Their Evolution and
Managing Director for TCG Advisors: "Witness Systems is starting a
new innovation called Workforce Optimization. WFO is a real market
that addresses a real, genuine business problem, and people care
about it, which is spurring the company's growth." -- Impact 360
Package Uptake - Packaged sales for Impact 360 accounted for
two-thirds of Witness Systems' software license orders in the
second quarter of 2006. Building on its first-to-market advantage,
the second major release of Impact 360 is now installed at customer
sites, adding significantly more integration and functionality. --
Second Generation Software - The new version of Impact 360 more
tightly integrates functions across the four WFO anchor segments -
quality monitoring/full-time recording, workforce management,
performance management and e-learning; allows organizations to
enhance scheduling, streamline management, and gain efficiencies as
they coordinate their in-house and outsourced contact center
operations; and leverages tripled channel capacity, unified
recording management and a centralized administration and reporting
across TDM, IP and mixed telephony environments. -- New and
Expanded OEM Partnerships - Market leaders Avaya, BT and Nortel all
have OEM agreements for including WFO under their brands, extending
Impact 360's footprint as organizations turn to a single provider.
-- Industry Direction - A 2005 study conducted by the Society of
Workforce Planning Professionals discovered that 83 percent of
survey respondents reported a benefit in acquiring technology from
the same WFO vendor. Nearly 30 percent felt that a simpler
implementation would be the biggest benefit; 19 percent pointed to
minimal data entry; and 12 percent cited having less infrastructure
as a selling point. -- Awards of Distinction - Since its launch in
September 2005, Impact 360 has received more than 10 honors,
including product of the year awards from Call Center Magazine,
SearchCRM.com, Customer Inter@ction Solutions and Internet
Telephony. About Impact 360 Impact 360 is the market's most
complete workforce optimization solution, unifying software and
services for quality monitoring, compliance/full-time recording,
workforce management, performance management and e-learning under a
framework that provides a single user interface and centralized
administration and reporting. Operating in traditional, IP and
mixed telephony environments, it maximizes the information flow
within enterprises, businesses and call centers, providing deep
insight into workforce performance, caller interactions and
customer service processes, while driving cost savings, strategic
decision-making and competitive advantage. Impact 360 enhances the
customer experience by providing visibility into a company's entire
customer service lifecycle - from planning and establishing goals
to scheduling and deploying the appropriate staff; from measuring
and recording their performance to using that information to
investigate and analyze results; and from changing business
processes and goals based on this analysis to honing employee
skills to meet those goals. About Witness Systems Witness Systems
(NASDAQ: WITS) is the worldwide leader in software and services
that help businesses capture customer intelligence and optimize
their workforce performance. The company's Impact 360(TM) solution
features quality monitoring, compliance and IP recording, workforce
management, performance management and e-learning. Primarily
deployed in contact centers - as well as the remote, branch and
back offices of global organizations - the workforce optimization
solution captures, analyzes and enables users to share and act on
cross-functional information across the enterprise. With Impact
360, organizations can improve interactions and the underlying
back-office processes that enhance the customer experience and
build customer loyalty. For more information, visit us at
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, 2005 and its
Form 10-Q for the quarter ended March 31, 2006, as filed with the
Securities and Exchange Commission. Additional risks that could
cause actual future results to differ materially from current
expectations include the risk of management distraction and other
consequences that might result from the review of certain option
grants and option granting practices described in the Current
Report on Form 8-K filed by the Company on August 11, 2006 and
related developments. Witness, Impact 360, Improve Everything and
the Witness logo are the trademarks (registered or otherwise) 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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