NICE Systems Ltd (NICE) Acquires Causata

Posted Aug 7, 2013

Nice Systems Ltd (ADR) (NASDAQ:NICE) has announced that they have acquired Big Data analytics company Causata.  Through the acquisition, NICE will be able to offer solutions that gives a better visibility into a customer’s activities on the Internet in real-time.  As a result, companies will be able to enhance customer experiences and increase revenues.  Causata is able to analyze large chunks of data using Hadoop-based interactions.

“NICE shares our vision for applying advanced technologies to better understand the customer journey in order to address specific customer needs and preferences, as well as to act upon these insights to improve the customer experience and drive business success. Our deep and mutual product knowledge and culture of excellence are highly complementary,” said Paul Wahl, CEO of Causata. “We are proud of our accomplishments in the Big Data analytics domain and are excited to join a large company whose global market presence will enable us to extend the reach of our technologies.”

When NICE integrates Causata’s Hadoop-based technologies into their Customer Engagement Analytics platform, they will be able to offer customers:

– Creation of dynamic customer profiles based on real-time analysis of current and past activities over multiple channels

– Convergence of self-service digital channels, such as Web and mobile, with assisted-service channels to better manage the customer journey

– Ability to provide contact center agents the complete context of an interaction, based on a customer’s activities prior to and during that interaction

– Improved real-time decisioning, using predictive analytics and machine learning, to guide employees to the next best action