Verint Knowledge Management Tightly Integrated with Avaya OneCloud CCaaS Contact Center Solution

Verint® Systems Inc. (Nasdaq: VRNT), The Customer Engagement Company™, today announced an expanded partnership with Avaya (NYSE: AVYA), a global leader in solutions to enhance and simplify communications and collaboration, to integrate Verint Knowledge Management with Avaya OneCloud CCaaS, a modern browser-based desktop that consolidates relevant customer details, including customer journey touchpoints, and frequently used applications into a consolidated view to increase customer responsiveness, eliminate screen switching and personalize customer interactions*.

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Through this deep technology integration, enterprises can empower employees with zero-click knowledge on their desktop, to provide instant, accurate and contextual advice to ensure customer success, fuel agent performance, and maximize employee productivity. Verint Knowledge Management uses patented, artificial intelligence (AI) infused search technology to create a more automated, natural and innovative way to connect people to knowledge. It is an easy-to-use solution that works out of the box, helping provide immediate benefits with a rapid cloud deployment.

“Avaya and Verint are committed to improving the experiences of both customers and employees by delivering deep technology integration across our SaaS offerings,” said Anthony Bartolo, executive vice president and chief product officer, Avaya. “Cloud solutions support a faster path to return on investment, which continues to be a strong focus of our product strategy. Verint’s AI-infused knowledge management capabilities surface relevant information in a cognitive and contextual manner to help employees be more responsive to customer needs.”

This latest announcement is an expansion of the Verint and Avaya partnership, which has been in place for more than 15 years. Avaya currently incorporates a broad set of Verint solutions on-premise and in the cloud, including recently added Verint SaaS solutions for Engagement Management, Adaptive Fraud and Experience Management.

“We continue to build on our strong partnership with Avaya, and this latest integration extends our relationship with SaaS solutions targeted at the contact center and back office for the enterprise and SMB markets,” says Verint’s John Bourne, senior vice president, global channels and alliances. “This underpins Verint’s commitment to supporting customer success in the cloud and expanding our global partner ecosystem. We are uniquely positioned with AI-based solutions to improve customer and workforce experiences while balancing operational efficiency.”

For more information on Verint’s Customer Engagement portfolio, click here.

About Avaya

Businesses are built by the experiences they provide, and every day millions of those experiences are delivered by Avaya Holdings Corp. (NYSE: AVYA). Avaya is shaping what's next for the future of work, with innovation and partnerships that deliver game-changing business benefits. Our cloud communications solutions and multi-cloud application ecosystem power personalized, intelligent, and effortless customer and employee experiences to help achieve strategic ambitions and desired outcomes. Together, we are committed to help grow your business by delivering Experiences that Matter. Learn more at http://www.avaya.com.

About Verint Systems Inc.

Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization and cyber intelligence. Today, over 10,000 organizations in more than 180 countries—including over 85 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® at www.verint.com.

*The expanded partnership agreement was completed September 2020.

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, 2020, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2020, 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.

VERINT, ACTIONABLE INTELLIGENCE, THE CUSTOMER ENGAGEMENT COMPANY, CUSTOMER ENGAGEMENT SOLUTIONS, CYBER INTELLIGENCE SOLUTIONS, GI2, FIRSTMILE, OMNIX, WEBINT, LUMINAR, RELIANT, VANTAGE, STAR-GATE, TERROGENCE, SENSECY, and VIGIA are trademarks or registered trademarks of Verint Systems Inc. or its subsidiaries. Verint and other parties may also have trademark rights in other terms used herein.

Media Relations Amy Curry Verint Systems Inc. amy.curry@verint.com

Alex Alias Avaya alalias@avaya.com

Investor Relations Alan Roden Verint Systems Inc. alan.roden@verint.com

Mike McCarthy Avaya mikemccarthy@avaya.com

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