Verint Systems Wins $7M Contract To Deliver AI Business Outcomes For An Unnamed Fortune 500 Company
Portfolio Pulse from Benzinga Newsdesk
Verint Systems (NASDAQ:VRNT) has secured a $7M contract with a Fortune 500 company to implement AI business outcomes using its hybrid cloud and four AI-powered bots. This move allows the customer to enhance customer experience automation without altering their existing on-premises solutions. The contract, part of Verint's fiscal first quarter roadmap, involves both Bundled SaaS and Unbundled SaaS deployments over a three-year term.
May 09, 2024 | 2:48 pm
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Verint Systems wins a significant $7M contract to deliver AI business outcomes for a Fortune 500 company, emphasizing its strength in CX automation and hybrid cloud solutions.
The announcement of a $7M contract with a Fortune 500 company is a significant positive development for Verint Systems. It not only demonstrates the company's competitive edge in delivering AI-powered business outcomes but also potentially boosts its revenue and market position. The emphasis on hybrid cloud and AI technologies aligns with current industry trends, likely increasing investor confidence in Verint's growth strategy and execution capabilities.
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