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NICE Stock News, Jun-Jul 2021

NICE NASDAQ

NICE Ltd. reports developments as a foreign issuer and enterprise software company focused on AI-powered cloud platforms for customer engagement and financial crime and compliance. News commonly covers CXone and CXone Mpower deployments, NiCE Cognigy conversational and agentic AI capabilities, and NICE Actimize fraud prevention, anti-money-laundering, risk management, and regulatory compliance solutions.

Company updates also include cloud revenue and AI ARR trends, share repurchase activity, product integrations with enterprise workflow and industry systems, customer deployments across banking, healthcare, broadband, IT services, and other sectors, analyst recognitions, fraud research, conferences, and shareholder meeting materials tied to its ordinary shares and American depositary receipts.

Rhea-AI Summary

NICE (Nasdaq: NICE) will announce its Q2 2021 results on August 5, prior to NASDAQ's opening. Management will host a conference call to discuss the results at 8:30 AM ET. Participants can dial in via US toll-free numbers (+1-877-300-8521 or +1-412-317-6026) as well as numbers for Israel and the UK. The call will be available as a live webcast on the company's website. NICE is a leading provider of enterprise software solutions, serving over 25,000 organizations globally.

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NICE (Nasdaq: NICE) has announced a strategic partnership with RapidSOS to enhance incident data management for 911 emergency communication centers (ECCs). The integration of NICE Inform Elite with the RapidSOS platform aims to streamline incident handling through a comprehensive data repository. This partnership enables ECCs to better visualize and analyze emergency data, improving response times and performance insights. The integrated solution will be showcased at the upcoming NENA conference from July 24-29 in Columbus, Ohio.

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NICE (Nasdaq: NICE) has received top scores in all four use cases evaluated in the 2021 Gartner report, scoring above 4.2/5 in Information Access, Process Efficiency, Customer Intelligence, and Intelligent Dialogue. The company's Agile WEM solution promotes employee engagement and adaptability to changing needs. NICE's holistic suite of Workforce Engagement Management (WEM) solutions, featuring CXone, is designed for enhanced performance, efficiency, and compliance across contact centers.

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NICE (Nasdaq: NICE) has extended its certified Capture and Archiving Technology for Microsoft Teams to law enforcement and criminal justice agencies. This initiative will improve collaboration and support flexible work arrangements. The NICE Capture and Archiving solution captures all types of Teams interactions, including audio and video, for evidential purposes. With features like record-on-demand and enhanced metadata for searching, this solution aims to streamline evidence management within agencies. NICE, with over 3,000 clients, is committed to enhancing public safety through digital transformation.

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NICE (Nasdaq: NICE) has been named a finalist in the 2021 Microsoft Partner of the Year Award Program for financial services. Selected from over 4,400 global partners, NICE was recognized for its innovative digital transformation solutions leveraging Microsoft technology. Chris Wooten, Executive Vice President, highlighted NICE's certified capture solution for Microsoft Teams, addressing compliance for financial services. The awards celebrate partners' commitment to innovation and customer impact across various categories with Microsoft.

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NICE (NASDAQ: NICE) has launched CXone SmartReach, powered by its acquisition of ContactEngine, a leader in proactive conversational AI. This innovative solution facilitates proactive, multi-day conversations with customers across their preferred channels, enhancing operational efficiency and customer experience. The CXone platform, enhanced by Enlighten AI, integrates digital and self-service options, addressing customer needs before they seek help. CEO Paul Jarman emphasized the shift from reactive to proactive service delivery, aiming to elevate digital customer experiences.

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NICE (Nasdaq: NICE) has launched a Robo Ethical Framework aimed at setting industry standards for the ethical design and deployment of AI-powered robots. This framework includes five guiding principles to ensure robots positively impact human workforces, eliminate bias, safeguard individuals, rely on trusted data, and maintain holistic governance. By promoting responsibility in AI integration, NICE invites widespread adoption of these standards across the sector. This initiative reflects NICE's commitment to ethical AI and aims to foster better human-robot collaboration.

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NICE (NASDAQ: NICE) announces the deployment of its certified Cloud Compliance Recording solution for Microsoft Teams by BMO Global Asset Management (BMO GAM) across EMEA. This solution facilitates recording omnichannel communications, essential for meeting regulatory requirements amid remote work. BMO GAM's transition to Microsoft Teams aimed for quick compliance, and NICE's SaaS offering alleviates management tasks, enhancing efficiency. NICE's solution provides complete coverage for voice, video, chat, and screen sharing, ensuring compliance with global regulations.

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NICE (NASDAQ: NICE) has been awarded the Best Compliance and Reporting Solutions Provider in the 2021 Markets Choice Awards, recognizing its NICE NTR-X Financial Communication Compliance Suite. This solution consolidates regulated employee communications into a cloud-ready platform, enhancing management and reducing regulatory risks. With global deployment capabilities, NTR-X is favored by top financial institutions for its performance and cost-effectiveness. NICE remains committed to innovation in aiding compliance amidst evolving market challenges.

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FAQ

What is the current stock price of NICE (NICE)?

NICE (NICE) last closed at $96.15.

What is the market cap of NICE (NICE)?

The market cap of NICE (NICE) is approximately $5.5B.