Verint Voice of the Customer Platform Wins 2021 MetriStar Top Provider Award

Report Reveals Verint VoC Platform Users Experience Significant Revenue Growth and Customer Ratings, Employee Satisfaction and Agent Efficiency Improvements

MELVILLE, N.Y.--(BUSINESS WIRE)--Verint^® (Nasdaq: VRNT), The Customer Engagement Company™, announced today that its Voice of the Customer (VoC) Platform has been named a Top Provider in the 2021 Metrigy MetriStar Awards, in recognition of the solution’s value in driving high business success and above-average customer sentiment ratings.

Verint is one of two vendors to earn “Top Provider” accolades out of a field of 15 VoC providers evaluated. By analyzing customer satisfaction ratings and “before-and-after” business improvement metrics, Metrigy found organizations using leading VoC solutions, including the Verint VoC platform, realized significant gains in revenue growth (+40.5%), customer ratings (+118%), employee satisfaction (+52.1%) and agent efficiency (+61.2%), among other improvements. In addition, the analysis revealed that Verint customers are highly satisfied using the platform, with an impressive overall sentiment rating of 3.33/4.0 that underscores Reporting and Output Capabilities and Ease of Programming as top-performing areas (3.64 and 3.55, respectively).

VoC platforms are essential to driving customer experience improvement initiatives. By capturing customer opinions, feedback, preferences, and expectations, organizations benefit from data-driven actionable insights to improve customer and agent experience, boost business metrics, and gain competitive advantage.

According to Metrigy’s recent Customer Experience (CX) and Workforce Optimization research study, the adoption of VoC programs is a growing area of focus. The report reveals that while only 41.5 percent of organizations surveyed have a VoC plan in place, another 30.7 percent plan to implement in 2021.

“A VoC program is crucial in helping organizations evaluate and improve upon their customer experience strategies,” said Robin Gareiss, CEO and principal analyst, Metrigy. “Based on customer experience with Verint, it’s clear Verint is well positioned to deliver a solid VoC platform. Earning a Top Provider award in a crowded field of contenders speaks volumes about Verint’s capabilities.”

Verint’s VoC offering is a fully connected platform that enables organizations to listen, analyze, and act on speech, text, and operational customer insight across channels to help brands deliver standout customer experience programs. Enabled by artificial intelligence (AI), machine learning (ML) and analytics, Verint provides organizations in every industry with rich VoC insights to help improve how they measure and understand customer experiences, while also empowering them to prioritize the improvements that will have the greatest business impact.

“This customer study proves the critical role VoC solutions play in achieving measurable improvements across crucial business areas – from revenue growth and cost reduction to increased efficiency and customer/employee satisfaction,” says Verint’s Kevin Daly, global vice president and general manager, experience management. “We’re proud to see Verint VoC customers achieving outstanding successes across the board. We continue to drive innovations in our VoC platform to enable companies to operationalize customer experience insights and drive marked business improvements.”

Verint Experience Management solutions support unique Voice of the Customer programs for thousands of brands and include Enterprise Experience, Digital Experience, Predictive Experience, Digital Behavior Analytics, Interaction Analytics, Speech Analytics and Text Analytics applications. Learn more at Verint Experience Management.

About Verint

Verint^® (Nasdaq: VRNT) helps the world’s most iconic brands – including over 85 of the Fortune 100 companies – build enduring customer relationships by connecting work, data and experiences across the enterprise. The Verint Customer Engagement portfolio draws on the latest advancements in AI and analytics, an open cloud architecture, and The Science of Customer Engagement^™ to help customers close The Engagement Capacity Gap^™.

Verint. The Customer Engagement Company^™. 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, 2021, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2021, 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.

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