Reacceleration in Cloud: Verint’s Cloud Growing 40% and ARR Passes $200 Million; Raising FVE to $52
Strong growth in their cloud segment underlined a strong fiscal 2019 for Verint, pushing management to raise guidance for fiscal 2020. Cloud revenue reaccelerated, growing 40% year over year and crossing the $200 million annual recurring revenue, or ARR, threshold for the first time. Management expects the strong growth in cloud to continue in 2020 as 40% growth continues, driving cloud ARR past $250 million. The rise in cloud revenue is being driven mainly by new customers to Verint who are emb...Verint Systems is a provider of Actionable Intelligence? solutions. The company's segments include: Customer Engagement Solutions (Customer Engagement), which provides a portfolio across a spectrum of customer engagement functions; and Cyber Intelligence Solutions (Cyber Intelligence), which provides security and intelligence data mining software. The company's Customer Engagement products include: automated quality management, automated verification, branch surveillance and investigation, case management, chat engagement, coaching/learning, compliance recording, and customer communities. The company's Cyber Intelligence products include: cyber security, network intelligence suite, and situational intelligence.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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