Use our mobile site at: m.ITbriefing.net    Follow ITbriefing.net: Follow ITbriefing on Twitter   Follow ITbriefing via Facebook   Follow ITbriefing via RSS 
NICE Accelerates Momentum to Fortify its Market Leadership in Cognitive Process Automation and Artificial Intelligence with New Customer Wins and Innovative Technology


 Tags:   Networks                This was published: 7 Dec 2017 - 11:46 am         Print article: Printer friendly page
          

NICE Accelerates Momentum to Fortify its Market Leadership in Cognitive Process Automation and Artificial Intelligence with New Customer Wins and Innovative Technology - on DefenceBriefing.net

NICE (NASDAQ-NMS: NICE) today announced the rapidly growing momentum behind its Robotic Process Automation (RPA) platform, with the world’s largest enterprises adopting the solution to automate both repetitive and highly complex business processes. The company has on boarded eight new technology partners since the launch of its open RPA platform in September and grown its network of global strategic partnerships to more than 40 leading organizations, spanning consulting, implementation, and training partners.



NICE’s proprietary RPA platform and technology has found strong favour in the market as the leading solution that delivers a seamless integration of both desktop (attended) and robotic (unattended) automations within a single offering. This approach marks NICE’s native capability to automate more complex process scenarios such as exceptions escalations, with precision and speed.

With a primed ability to automate more complex operational processes, NICE’s framework for integration with cognitive software vendors enables organizations to take advantage of integrations with the foremost in cognitive technology for Optical Character Recognition (OCR), chat and voice bots, and machine learning. This unique set of capabilities is changing the game by establishing new industry standards as enterprises are approaching NICE to support their strategic transformation initiatives.

Growing market penetration

Since the beginning of the year, NICE has tripled its cadence of acquiring new RPA customers, with leading public and private sector organizations around the globe adopting the platform for automation of complex operational processes. NICE’s most recent new business win, a leading business process outsourcing provider in the US, is using the combination of NICE’s attended, unattended and OCR functionality to process invoice and shipment orders.

In addition, NICE’s unique set of capabilities and innovative technology integrations is enabling it to increase the breadth and scope of its vertical market penetration. NICE is expanding beyond its traditional set of verticals such as banking, telecom and insurance by entering new vertical markets such as oil & gas, electronics and hi-tech.

Accelerating investment in innovation

NICE is committed to drive innovation in the artificial intelligence and cognitive automation space. In-house cognitive automation innovations are in development and will be augmented by integrating with some of NICE’s strongest solutions such as text and speech analytics, workforce optimization and case management.

In an aggressive product roadmap for 2018, NICE plans to push the threshold of industry standards by delivering the following innovative capabilities to enterprise customers of all sizes:

  • A reading robot that leverages Nexidia text and speech analytics to understand a customer’s intent from unstructured data, helping chatbots and agents to respond in a way that intuitively meets the customer’s needs in real-time.
  • A cognitive technology that uses NICE’s rich analytics engine to automatically identify processes suitable for automation.
  • A unique shape analysis capability that will transform the way RPA software interfaces with enterprise applications.

Awards

NICE has recently earned strong industry recognition for the innovative features of its cognitive automation solutions, including a TMC Labs Award and a Saddletree Kachina award for Innovation in Emerging Technologies in 2017.

Barak Eilam CEO of NICE:

“NICE is stepping up our investment in cognitive technologies to strengthen our position as the market leader in business process automation. Our next generation of RPA solutions will enable our customers to further elevate their efficiency, increase employee engagement and introduce an unsurpassed standard of service by automating increasingly complex processes that previously required human judgement. Customers that have deployed our platform are already seeing a visible return on investment—but we’re just at the beginning of an automation economy that will transform every industry over the years to come.”

Article source - Business Wire, all right reserved. Copyright 2017
Trademarks, logos, pictures and other items may be copyright of firms mentioned in this article.




Further information:
Organisation name:    NICE
Organisation stock symbol: NASDAQ:NICE


Latest stock price data for NASDAQ:NICE

 


Other related articles, tagged Networks

· Tempo Grows Revenue by 38% in 2017 to $17.9 Million   (02/19/18)
· Accenture Completes Acquisition of Mackevision   (02/19/18)
· GSMA Announces Winners of Inaugural Mobile World Scholar Challenge   (02/19/18)
· Customers of Palau Telecoms to Enjoy ‘Always On’ Connectivity with SES Networks   (02/19/18)
· COSIMO Ventures Commits to $3 Million Seed Investment in Oneiro Ltd., a Blockchain and Cryptocurrency Innovation Technology Company   (02/19/18)
· Sopra Steria Turns in a Solid Performance in 2017   (02/19/18)
· WCG to Hold Regional Qualifying Rounds from First Edition   (02/19/18)
· Mechanical Computer-aided Design Market - High Adoption of Cloud-based PLM Solutions in APAC to Boost Growth | Technavio   (02/17/18)
· Global Gaming Market - Growing Adoption of VR and AR Technologies to Boost Growth | Technavio   (02/17/18)
· Key Findings of the Global Cloud Encryption Market | Technavio   (02/17/18)

>>>More articles  >>>

Latest tech videos:



· Tempo Grows Revenue by 38% in 2017 to $17.9 Million (2018-02-19 11:26)
Tempo Grows Revenue by 38% in 2017 to $17.9 Million - on DefenceBriefing.net

Tempo, creator of efficiency-enhancing project management software solutions for Atlassian’s Jira platform, announced strong results for its 2017 fiscal year ending December 31, 2017.


· Accenture Completes Acquisition of Mackevision (2018-02-19 09:26)

Accenture (NYSE: ACN) has completed the acquisition of Germany-based Mackevision, a leading global producer of 3D-enabled and immersive product content.


· GSMA Announces Winners of Inaugural Mobile World Scholar Challenge (2018-02-19 09:26)
GSMA Announces Winners of Inaugural Mobile World Scholar Challenge - on DefenceBriefing.net

The GSMA today announced the winners of its inaugural Mobile World Scholar Challenge. New for Mobile World Congress 2018, the Mobile World Scholar Challenge is a video-based competition designed to discover and highlight ground-breaking new technologies developed at universities around the globe.


· Customers of Palau Telecoms to Enjoy "Always On" Connectivity with SES Networks (2018-02-19 08:06)
Customers of Palau Telecoms to Enjoy ‘Always On’ Connectivity with SES Networks - on DefenceBriefing.net

Customers of Palau’s local internet services provider Palau Telecoms will continue to enjoy enhanced and reliable fibre-like connectivity delivered by SES Networks.


· COSIMO Ventures Commits to $3 Million Seed Investment in Oneiro Ltd., a Blockchain and Cryptocurrency Innovation Technology Company (2018-02-19 07:26)
COSIMO Ventures Commits to $3 Million Seed Investment in Oneiro Ltd., a Blockchain and Cryptocurrency Innovation Technology Company - on DefenceBriefing.net

COSIMO Ventures, an investment firm with offices in Boston and Dublin that’s focused on transforming promising deep technology companies into global industry leaders, is pleased to announce that it's committed $3 million for a seed investment in Oneiro Ltd., a new developer of technology innovations in blockchain and cryptocurrency.


· Sopra Steria Turns in a Solid Performance in 2017 (2018-02-19 06:26)
Sopra Steria Turns in a Solid Performance in 2017 - on DefenceBriefing.net

Regulatory News:


· WCG to Hold Regional Qualifying Rounds from First Edition (2018-02-19 04:46)
WCG to Hold Regional Qualifying Rounds from First Edition - on DefenceBriefing.net

WCG Inc. announced that it has decided to hold regional qualifying rounds from the first edition and expand the scope of participation. It said that it would fix the schedule of the games in the near future.


· Mechanical Computer-aided Design Market - High Adoption of Cloud-based PLM Solutions in APAC to Boost Growth | Technavio (2018-02-17 16:26)
Mechanical Computer-aided Design Market - High Adoption of Cloud-based PLM Solutions in APAC to Boost Growth | Technavio - on DefenceBriefing.net

The global mechanical computer-aided design (MCAD) market is expected to grow at a CAGR of more than 7% during the period 2018-2022, according to a new market research study by Technavio.


· Global Gaming Market - Growing Adoption of VR and AR Technologies to Boost Growth | Technavio (2018-02-17 15:46)
Global Gaming Market - Growing Adoption of VR and AR Technologies to Boost Growth | Technavio - on DefenceBriefing.net

Technavio’s latest market research report on the global gaming market provides an analysis of the most important trends expected to impact the market outlook from 2018-2022. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.


· Key Findings of the Global Cloud Encryption Market | Technavio (2018-02-17 15:06)
Key Findings of the Global Cloud Encryption Market | Technavio - on DefenceBriefing.net

The latest market research report by Technavio on the global cloud encryption market predicts a CAGR of close to 35% during the period 2018-2022.


· Intel Announces David Pottruck to Retire from Board of Directors (2018-02-16 22:26)

Intel Corporation today announced that David S. Pottruck informed the company that he will not stand for re-election to Intel’s Board of Directors at Intel’s 2018 Annual Stockholders’ Meeting. Pottruck, a member of the Board since 1998, will continue to serve as a director until the expiration of his current term at the 2018 Annual Stockholders’ Meeting.


· Mojo Networks to Present at Wireless LAN Professionals Conference (2018-02-16 22:06)
Mojo Networks to Present at Wireless LAN Professionals Conference - on DefenceBriefing.net

Mojo Networks, inventor of Cognitive WiFi™ and one of the world’s leading Cloud WiFi solution providers, will be represented with four separate speaking slots at the 2018 Wireless LAN Professionals Conference in Phoenix, Arizona, held February 20-22, 2018. The annual conference is a vendor-neutral event focused on offering WLAN professionals the opportunity to share knowledge and resources about the industry and its current challenges.


· S&P Global Ratings360™ to Include Cyber Risk Insights from Guidewire Software"s Cyence Risk Analytics (2018-02-16 21:46)
S&P Global Ratings360™ to Include Cyber Risk Insights from Guidewire Software’s Cyence Risk Analytics - on DefenceBriefing.net

S&P Global Ratings, a division of S&P Global Inc. (NYSE: SPGI) and Guidewire Software, Inc. (NYSE: GWRE), today announced they have joined forces to bring the cyber risk knowledge and insights of Guidewire Cyence Risk Analytics™ to S&P Global Ratings360™, a digital delivery system that provides a view of a company’s critical credit risk factors.


· Cable ONE to Host Conference Call to Discuss Fourth Quarter and Full Year 2017 Results (2018-02-16 21:46)
Cable ONE to Host Conference Call to Discuss Fourth Quarter and Full Year 2017 Results - on DefenceBriefing.net

Cable One, Inc. (NYSE: CABO) will host a conference call with the financial community to discuss results for the fourth quarter and full year 2017 on Thursday, March 1, 2018 at 11 a.m. Eastern Time (ET). Cable ONE will issue a press release reporting its results before market open on Thursday, March 1, 2018.


· Verisign Announces 3.25% Junior Subordinated Convertible Debentures Due 2037 to Pay Contingent Interest (2018-02-16 21:26)
Verisign Announces 3.25% Junior Subordinated Convertible Debentures Due 2037 to Pay Contingent Interest - on DefenceBriefing.net

VeriSign, Inc. (NASDAQ-NMS: VRSN), a global leader in domain names and internet security, announces that the upside trigger on its 3.25% junior subordinated convertible debentures due 2037 (CUSIP No. 92343EAD4) (the “Notes”) has been met for the six-month interest payment period from Feb. 15, 2018, to Aug. 14, 2018. As a result, contingent interest will be paid on the Notes for that six-month interest payment period. Contingent interest of approximately $10.1 million on the $1.25 billion outstanding principal amount of the Notes, or approximately $8.0728 per $1,000 principal amount of the Notes, will be paid on Aug. 15, 2018, to the holders of record as of Aug. 1, 2018.


· Travel Video Awards to Debut at 2018 NAB Show (2018-02-16 20:26)
Travel Video Awards to Debut at 2018 NAB Show - on DefenceBriefing.net

The Travel Video Awards (TVAs) will debut at the 2018 NAB Show on April 11 in Las Vegas. Created by Citizine Networks, Inc., the awards honor innovative and inspiring travel videos released in 2017 by independent filmmakers, the travel industry, media companies and lifestyle brands.


· Intelsat Announces 2017 Fourth Quarter and Full-Year Earnings Conference Call (2018-02-16 20:26)
Intelsat Announces 2017 Fourth Quarter and Full-Year Earnings Conference Call - on DefenceBriefing.net

Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network and a leader in integrated satellite communications, will hold a conference call and webcast on Monday, February 26, 2018 at 8:30 am EDT to discuss 2017 fourth quarter and full-year financial results.


· Robert Lacroix Joins Directed as Vice President of Engineering (2018-02-16 20:26)
Robert Lacroix Joins Directed as Vice President of Engineering - on DefenceBriefing.net

Directed, a leader in the automotive aftermarket and connected car space, announced today that technology veteran Robert Lacroix has joined the company as Vice President of Engineering. Lacroix will lead Directed’s global engineering team from its Lachine (Montreal), Quebec office. He will help drive Directed’s aggressive growth plans in connected car products and services.




© Website copyright Incandore Limited 2012. All rights reserved. All content copyrights / trademarks remain the property of their respective owners.