Verint Systems Inc. Recent Developments
More than 10,000 organizations in 180 countries, including over 80 percent of the Fortune 100, use Verint solutions to improve enterprise performance and make the world a safer place.
Verint Systems Inc. Overview
Ownership: Public - VRNT : NasdaqGS
Employees: 4800
Functional Market: Absence and Leave Management, Workforce Scheduling, Core HR, Learning & Development, ,
Key Verticals: Aerospace & Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure & Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil and Gas, Professional Services, Retail, Transportation, Utility,
Verint Systems Inc. Key Cloud & HCM Applications
Verint Customer Analytics, Verint Engagement Management, Verint Workforce Optimization,
SCORES Analysis
Verint Systems Inc. Strengths
More than 10,000 organizations in 180 countries, including over 80 percent of the Fortune 100, use Verint solutions to improve enterprise performance. Verint specializes in workforce management applications. Verint sells a range of workforce optimization, customer analytics and engagement management solutions, which also include customer service, communities, fraud, risk and compliance software.
Following a series of acquisitions, Verint is investing heavily in Cloud applications to augment its on-premise call-center and workforce management applications, which continue to account for the bulk of its recurring revenue stream. Cross-selling and upselling these Cloud applications to its large installed base will drive much of its growth, while Verint intensifies its own transformation to better support digital strategy of its customers.
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- Key differentiators
- Domain Expertise
- Product portfolio
- Solution scope
Verint Systems Inc. HCM & Cloud HCM Applications Revenues, $M:
| Type/Year | 2015 | 2016 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Verint Systems Inc. 2016 Revenue Breakdown by Type:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Verint Systems Inc. 2016 HCM Applications Revenues By Sub-Functional Markets, $M:
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Split by Sub-Functional Markets
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2016 HCM Revenues, By Sub-Functional Markets, $M
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Verint Systems Inc. 2016 HCM Applications Revenues By Verticals, $M:
Verint Systems Inc. 2016 Total & HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2016 Total Revenues, $M | 2016 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Verint Systems Inc. Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Verint Systems Inc. Customers
No. of Customers: Subscribe
No. of HCM Applications Customers: Subscribe
No. of Cloud HCM Customers: Subscribe
No. of Cloud HCM Subscribers: Subscribe
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- Reference wins across regions
- Customer Size segments
- Customer wins momentum
Verint Systems Inc. Opportunities
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- Market Opportunities at the vertical and subvertical levels
- Mergers and Acquisitions (M&A), Funding
- Geo Expansions
Verint Systems Inc. Risks
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- Ability to handle internal and external risk and challenges
Verint Systems Inc. Ecosystem
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- Health of ecosystem
- Network Effects of BPO, ISV, SI
- VAR Partners
- Direct vs Indirect sales
Verint Systems Inc. Cloud Platform (PaaS) & Infrastructure (IaaS) Details
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- Cloud Infrastructure (IaaS)
- Cloud Platform (PaaS)
- Cloud Application delivery (SaaS)
- Data Center (Hosting)
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/https://www.appsruntheworld.com/offerings
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