Verint® Systems Inc. (NASDAQ: VRNT) today announced that it has been positioned in the “Leaders” quadrant of the newly published “Magic Quadrant for Contact Center Workforce Optimization” report from research and advisory firm Gartner, Inc. Verint’s standing in the firm’s November 7, 2012 report is based on the company’s completeness of vision and ability to execute. 1
On an annual basis, Gartner evaluates the contact center workforce optimization (WFO) technology landscape and positions providers in one of four quadrants. According to the firm, “Leaders in the WFO market provide functionally broad and deep WFO solutions that can be deployed and supported globally. Their software is suitable for all sizes and complexities of enterprises and has broad industry coverage. Revenue is strong, and new references are readily available.” 2
According to report author and Gartner Research Director Jim Davies, “The benefits of a WFO suite approach range from having a single-vendor contract and a lower TCO to removing integration problems, and the incorporation of cross-functional workflow is driving adoption.” 3 He adds, “As the market matures, greater emphasis is being placed on solution integration/unification and WFO customers/references using the entire suite. Embedded analytics is of greater importance, as is a clear strategy for mobile and social alignment and SaaS-based deployment.” 4
Additionally, the report points to the impact of and rise in analytics solutions, stating that “Multichannel interaction analytics has matured to the point where adoption should now be considered, due to the insight and business value that can be obtained. It should be viewed as an integral part of a WFO solution, and not a stand-alone luxury item.” 5“We believe Gartner’s placement of Verint in the Leaders quadrant demonstrates our commitment to customer success and innovation, including our approach to helping organizations use the multichannel voice of their customers to drive operational excellence,” says Elan Moriah, president, Verint Enterprise Intelligence Solutions ™ and Verint Video Intelligence Solutions ™. “We remain focused on helping organizations worldwide take a customer-centric approach to their WFO deployments, including innovative ways to make their big data actionable throughout their enterprises—from the contact center, to branch and back-office operations, to other groups that help shape the ultimate customer experience.” Verint’s Magic Quadrant standing is based on the company’s ability to execute—covering its product/service; overall viability; sales execution/pricing; market responsiveness and track record; marketing execution; customer experience; and operations—and its completeness of vision, which includes innovation; business model; market understanding; marketing strategy; sales strategy; offering (product) strategy; vertical/industry strategy; and geographic strategy. 6 By Gartner’s definition, “WFO solutions contain complementary functions designed to improve contact center performance through the optimized deployment of appropriately trained and motivated agents. Functions range from recruitment and scheduling to evaluation and training. By adding intelligence to each of these functions, the ability to further optimize this cycle is achievable. Key functional domains include: workforce management (WFM) and strategic planning, call recording and quality management (QM), coaching and e-learning, performance management (PM), surveying (focused on capturing operational and agent performance information), and interaction analytics (audio and text analytics combined with screen analytics, emotion detection and associated operational call data).” 7 About the Gartner Magic Quadrant Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.