NICE Reports 80% YOY Increase in Digital Interactions for Retailers Over Black Friday and Cyber Monday Shopping Weekend
December 04 2024 - 7:30AM
Business Wire
NICE CXone MPower empowers retailers around the
world to deliver superior, automated service during peak holiday
traffic
NICE (Nasdaq: NICE) today announced that its CXone
MPower AI hyper platform managed a record number of automated
customer interactions during the Black Friday and Cyber Monday
holiday weekend, as businesses worldwide leaned into automation to
meet soaring shopper demands. In addition to the 80% total increase
in year-over-year digital interactions for the holiday weekend,
NICE reported single-day year-over-year (YOY) spikes of digital
interactions during the weekend of 143% and 120%.
The surge in automated digital engagement reinforces the need
for businesses to leverage the latest automation technology to
seamlessly navigate peak holiday shopping traffic while exceeding
customer expectations. NICE CXone Mpower equips businesses to
design, build, and automate workflows, agents, and knowledge
management, enabling unparalleled efficiency and delivering
exceptional digital, automated customer experiences. As businesses
gear up for the remainder of the holiday season, CXone MPower
continues to help organizations excel during every critical
moment.
“The Black Friday and Cyber Monday rush is always a challenge,
and this year we were able to handle it better than ever with
NICE’s support. From guiding customers to the perfect gift to
resolving inquiries in real time, NICE empowered us to stay
responsive and make every interaction, whether by phone, chat, or
email, a positive experience. Our customers noticed the difference,
and so did we,” said Jeffrey Fawcett, Director, Call Center
& Training, Wine Country Gift Baskets.
“With higher digital interaction volume, the need to fully
automate customer service is becoming the top priority for
enterprises,” said Barak Eilam, CEO, NICE. “Today’s
consumers demand immaculate service that is predictive, proactive,
and automated. With CXone MPower, businesses aren’t just surviving
the holiday rush—they are revolutionizing their customer service.
CXone Mpower leverages the power of AI and automation to enable
businesses to anticipate customers’ needs to deliver exceptional
experiences in the moments that matter most.”
About NICE With NICE (Nasdaq: NICE), it’s never been
easier for organizations of all sizes around the globe to create
extraordinary customer experiences while meeting key business
metrics. Featuring the world’s #1 cloud native customer experience
platform, CXone, NICE is a worldwide leader in AI-powered
self-service and agent-assisted CX software for the contact center
– and beyond. Over 25,000 organizations in more than 150 countries,
including over 85 of the Fortune 100 companies, partner with NICE
to transform - and elevate - every customer interaction.
www.nice.com
Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE Ltd. All other marks are trademarks
of their respective owners. For a full list of NICE’s marks, please
see: www.nice.com/nice-trademarks.
Forward-Looking Statements This press release contains
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Eilam, are based on the
current beliefs, expectations and assumptions of the management of
NICE Ltd. (the “Company”). In some cases, such forward-looking
statements can be identified by terms such as “believe,” “expect,”
“seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,”
“plan,” “estimate,” or similar words. Forward-looking statements
are subject to a number of risks and uncertainties that could cause
the actual results or performance of the Company to differ
materially from those described herein, including but not limited
to the impact of changes in economic and business conditions;
competition; successful execution of the Company’s growth strategy;
success and growth of the Company’s cloud Software-as-a-Service
business; changes in technology and market requirements; decline in
demand for the Company's products; inability to timely develop and
introduce new technologies, products and applications; difficulties
in making additional acquisitions or difficulties or delays in
absorbing and integrating acquired operations, products,
technologies and personnel; loss of market share; an inability to
maintain certain marketing and distribution arrangements; the
Company’s dependency on third-party cloud computing platform
providers, hosting facilities and service partners; cyber security
attacks or other security breaches against the Company; privacy
concerns; changes in currency exchange rates and interest rates,
the effects of additional tax liabilities resulting from our global
operations, the effect of unexpected events or geo-political
conditions, such as the impact of conflicts in the Middle East that
may disrupt our business and the global economy; the effect of
newly enacted or modified laws, regulation or standards on the
Company and our products and various other factors and
uncertainties discussed in our filings with the U.S. Securities and
Exchange Commission (the “SEC”). For a more detailed description of
the risk factors and uncertainties affecting the company, refer to
the Company's reports filed from time to time with the SEC,
including the Company’s Annual Report on Form 20-F. The
forward-looking statements contained in this press release are made
as of the date of this press release, and the Company undertakes no
obligation to update or revise them, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20241204611860/en/
Corporate Media Christopher Irwin-Dudek, +1 201 561 4442,
media@nice.com, ET
Investors Marty Cohen, +1 551 256 5354, ir@nice.com, ET
Omri Arens, +972 3 763 0127, ir@nice.com, CET
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