Equity Research - NICE Systems Ltd Update Report
Since our initial coverage in June 2011, NICE has sustained healthy revenue growth rates fuelled by several acquisitions as well as moderate organic growth, which in turn is driven by increasing demand for analytics- based solutions. The acquisitions have enabled the company to strengthen its market position and enhance the product portfolio, which are critical factors for the highly competitive technology market. Additionally, NICE has continued to receive industry awards for its solutions
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