NICE

NICE

Cloud-based customer experience solutions provider

About NICE

Simplify's Rating
Why NICE is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Financial Services

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Alkmaar, Netherlands

Founded

1986

Overview

NICE Ltd. provides cloud-based customer experience solutions to various industries such as finance, healthcare, and telecommunications. Their main product, the CXone platform, includes tools for AI-driven analytics, workforce optimization, and digital self-service, all aimed at improving customer interactions and enhancing workforce performance. Unlike many competitors, NICE offers a subscription-based model that generates recurring revenue and partners with a wide range of pre-integrated applications to create customized solutions for clients. The company's goal is to optimize customer experiences and workforce efficiency through its comprehensive suite of services.

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Simplify's Take

What believers are saying

  • Growing demand for AI-driven fraud prevention aligns with NICE's advanced IFM-X platform.
  • Partnerships like Colt and Atos expand NICE's market presence in cloud-based telephony.
  • Recognition as a leader in fraud prevention strengthens NICE's market position.

What critics are saying

  • Salesforce's acquisition of Slack may intensify competition in cloud-based CX solutions.
  • Colt and Atos partnership could increase competition in the CCaaS market.
  • Adobe's acquisition of Workfront enhances its customer experience management capabilities, challenging NICE.

What makes NICE unique

  • NICE leverages AI-driven analytics to enhance customer interactions and optimize workforce performance.
  • Their CXone platform integrates digital self-service and workforce optimization tools seamlessly.
  • NICE's solutions transform unstructured data into actionable insights for improved business performance.

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Funding

Total Funding

$60M

Above

Industry Average

Funded Over

3 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Flexible Work Hours

Company News

MarketBeat
Jan 1st, 2024
Kingswood Wealth Advisors LLC Invests $1.80 Million in NICE Ltd. (NASDAQ:NICE)

Kingswood Wealth Advisors LLC bought a new position in shares of NICE Ltd. (NASDAQ:NICE - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 10,558 shares of the technology company's stock, valued at approximately $1,795,000. Other in

ETF Daily News
Dec 13th, 2023
Portside Wealth Group LLC Makes New Investment in NICE Ltd. (NASDAQ:NICE)

Portside Wealth Group LLC acquired a new stake in NICE Ltd. (NASDAQ:NICE – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 16,523 shares of the technology company’s stock, valued at approximately $3,412,000. Other institutional investors and hedge funds have also made […]

Nice
Oct 5th, 2023
NICE to Acquire LiveVox, Revolutionizing How Organizations Manage Proactive Outreach With the Power of Conversational AI at Scale

The combination of NICE’s industry-leading platform CXone, with LiveVox’s widely adopted proactive outreach portfolio creates a unique way for organizations to deploy conversational AI across all types of engagements on a unified platform

Enterprise Times
Dec 7th, 2020
News from week beginning 30th November

Salesforce held a virtual Dreamforce with an array of announcements, overshadowed by the massive acquisition of Slack. It also issued strong results and unveiled Einstein Automate and Hyperforce and provided even more news included below. Acquisitions continued with The Access Group picking up Abintegro. It was also a week when Sage announced two partnerships, Satago and GCPay (See below). Infor also issued a flurry of announcements including the launch of Infor Hospitality in China on AWS.

SalesTechStar
Nov 24th, 2020
NICE Named a Leader in Intelligent Authentication and Fraud Prevention for the Second Consecutive Year by Leading Analyst Firm

NICE announced it has been recognized as a Leader for its Real-Time Authentication (RTA) and Fraud Prevention solutions

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