Sunday, April 20, 2014

Verint Systems Beats Estimates

Investors looking for a hot sector of IT spending should look no further than data analytics. IT companies like IBM   and Oracle   managed to generate growth with their analytics solutions. In addition, there is also a burgeoning opportunity for companies like Verint Systems  and NICE Systems to add analytics solutions to their core customer interaction capture solutions. Verint gave results recently, and there was much to suggest that the company's prospects have a lot further to run in 2014.

Verint Systems tops guidance
Verint and fellow Israeli company NICE Systems are world leaders in developing hardware to capture customer interactions. However, it's not just about product sales; both companies are developing the capability to offer software that analyzes that captured data. The idea is that customers will appreciate the opportunity to buy a total solution from one vendor, rather than a plethora of sellers across multi-platforms. It's a compelling story, at least from the look of Verint's latest results.