Verint Systems Inc. (NASDAQ:VRNT) is one of the Best Affordable AI Stocks to Buy. On August 4, Verint Systems Inc. (NASDAQ:VRNT) celebrated its AI leadership by ringing the Nasdaq Stock Market’s opening bell.
Verint Systems’ celebrations highlighted its meaningful performance in AI solutions, including tangible AI business outcomes for customers. The company’s success in AI-driven solutions to customers resulted in its AI annual recurring revenue (ARR) soaring almost 24% during Q1 2025, reflecting nearly half of the company’s total ARR.
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“We are thrilled to commemorate Verint’s success in delivering real-world AI business outcomes to brands through ringing the Nasdaq opening bell. Our customers consistently report how Verint’s AI-powered bots drive real results in automating CX workflows, further solidifying our position as the CX Automation leader,” said Verint’s CEO, Dan Bodner.
Verint AI-powered bots have assisted brands with their customer experience (CX) automation. For instance, Volaris utilized Verint IVA to achieve a 70% reduction in cost per interaction and manage 3x more call volume in contact centers, leading to higher customer satisfaction. Another firm, BT Group, used Verint Agent Copilot Bots to improve its CX and employee experience across 4,500 agents and also increase its revenue.
Verint Systems Inc. (NASDAQ:VRNT) assists brands in enhancing customer experience automation with its differentiated AI-powered Open Platform.
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Disclosure: None. This article is originally published at Insider Monkey.