Verint Named Physical Security Intelligence Solutions Company of the Year

September 21, 2017 8:30 AM

Frost & Sullivan Award Recognizes Company for Leadership, Technology Innovation and Commitment to Customer Success

MELVILLE, N.Y.--(BUSINESS WIRE)-- Verint® Systems Inc. (Nasdaq: VRNT) today announced that Frost & Sullivan has named it “Company of the Year” in the physical security intelligence solutions category. This award recognizes Verint’s leadership and technical innovation in the emerging physical security intelligence space, and success at delivering unique benefits and value to its global customers.

The Frost & Sullivan recognition highlights Verint’s expertise in actionable intelligence and the delivery of situational awareness solutions and advanced data analytics that address the mission-critical security needs of today’s organizations. With the Verint Situational Awareness Platform™ comes inherent flexibility, ease of integration and support for advanced security intelligence solutions, simplifying command and control environments for customers and putting unmatched situational insight and responsiveness at their command.

For the Company of the Year Award, Frost & Sullivan analysts independently evaluated two critical factors: visionary innovation and performance, and customer impact, which include visionary strategies, best practices, financial performance, customer experience and brand equity.

“As organizations continue to demand converged business intelligence, IT and security platforms, Verint serves as a trusted partner to its customers by helping connect their physical and cyber security operations,” says Danielle VanZandt, industry analyst, Frost & Sullivan. “Through our independent research, we determined that Verint’s technology is pivotal in helping customers leverage large data volumes in a more effective manner to help them respond faster and more efficiently to situations. Verint’s experience and domain expertise, as well as its vision for the future, solidifies it as a prominent and reliable partner in today’s ever-advancing and competitive marketplace.”

“We’re honored to receive this prestigious award celebrating our passion for technology innovation, our commitment to customer success and our vision for the future of security intelligence,” adds Alan Stoddard, vice president and general manager, Situational Intelligence Solutions, Verint.

Physical security intelligence solutions from Verint help enable organizations to gather crucial insights to anticipate, respond and take action in ways that advance their strategic efforts. The company’s long-term vision for the future security operations center uses an open architecture that integrates diverse cyber and physical security sub-systems and applies intelligent analytics across multiple domains. A key component of this strategy is the Verint Situational Awareness Platform that is designed to modernize security functions within the enterprise by automating critical duties and gathering and applying valuable intelligence to improve efficiency.

About Verint Systems Inc.Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. Today, over 10,000 organizations in more than 180 countries—including over 80 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.

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, 2017, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2017, 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, MAKE BIG DATA ACTIONABLE, CUSTOMER-INSPIRED EXCELLENCE, INTELLIGENCE IN ACTION, IMPACT 360, WITNESS, VERINT VERIFIED, KANA, LAGAN, VOVICI, GMT, VICTRIO, AUDIOLOG, CONTACT SOLUTIONS, OPINIONLAB, ADTECH, CUSTOMER ENGAGEMENT SOLUTIONS, CYBER INTELLIGENCE SOLUTIONS, VOICE OF THE CUSTOMER ANALYTICS, NEXTIVA, EDGEVR, RELIANT, VANTAGE, STAR-GATE, ENGAGE, CYBERVISION, FOCALINFO, SUNTECH, and VIGIA are trademarks or registered trademarks of Verint Systems Inc. or its subsidiaries. Other trademarks mentioned are the property of their respective owners.

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