NICE Ltd. (NICE) Bundle
A Brief History of NICE Ltd. (NICE)
Company Overview
NICE Ltd. (NASDAQ: NICE) is a global enterprise software company headquartered in Ra'anana, Israel. Founded in 1986, the company specializes in enterprise cloud software for customer experience and financial crime solutions.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $2.16 billion |
| Net Income | $409.4 million |
| Market Capitalization | $13.5 billion |
Key Business Segments
- Customer Experience Management
- Financial Crime and Compliance
- Real-Time Authentication Solutions
Global Presence
NICE operates in 36 countries with over 3,800 employees worldwide.
Stock Performance
| Stock Metric | 2024 Value |
|---|---|
| Stock Price (NASDAQ) | $213.47 |
| Year-to-Date Performance | +12.3% |
Key Acquisitions
- Actimize (2007) - Financial crime prevention
- inContact (2016) - Cloud contact center solutions
- Robotic Automation (2018) - Process automation technologies
Research and Development
Annual R&D Investment: $372 million (2023)
Who Owns NICE Ltd. (NICE)
Major Shareholders
| Shareholder | Percentage Ownership |
|---|---|
| Fidelity Management & Research Company | 7.52% |
| BlackRock Inc. | 6.48% |
| The Vanguard Group, Inc. | 5.61% |
| Allianz Global Investors GmbH | 3.97% |
Institutional Ownership
As of Q4 2023, institutional investors own approximately 87.6% of NICE Ltd. shares.
Insider Ownership
- Barak Eilam (CEO): 0.58% of shares
- Ronen Vardi (Founder): 1.23% of shares
- Other executive insiders: 2.41% combined
Public Float
Approximately 98.2% of NICE Ltd. shares are publicly traded on the NASDAQ Global Select Market under the ticker symbol NICE.
Geographic Distribution of Ownership
| Region | Ownership Percentage |
|---|---|
| United States | 62.3% |
| Europe | 22.7% |
| Israel | 10.5% |
| Other Regions | 4.5% |
NICE Ltd. (NICE) Mission Statement
Company Overview
NICE Ltd. (NASDAQ: NICE) is a global enterprise software company headquartered in Ra'anana, Israel, with a market capitalization of $10.82 billion as of January 2024.
Mission Statement Components
| Revenue (2023) | $2.3 billion |
| Global Employees | 7,500+ |
| Customer Base | 25,000+ enterprises |
Strategic Focus Areas
- Enterprise AI and cloud software solutions
- Customer experience transformation
- Workforce engagement management
- Compliance and risk management technologies
Technology Platforms
| CXone Platform Users | 2,500+ contact centers |
| Cloud Solutions Revenue | $1.1 billion (2023) |
Key Performance Metrics
- Cloud Annual Recurring Revenue (ARR): $1.5 billion
- Gross Margin: 58%
- Research & Development Investment: $450 million (2023)
How NICE Ltd. (NICE) Works
Company Overview
NICE Ltd. (NASDAQ: NICE) is a global enterprise software company headquartered in Ra'anana, Israel. As of 2024, the company has a market capitalization of approximately $14.3 billion.
Business Segments
NICE operates through two primary segments:
- Customer Engagement Solutions
- Fraud and Financial Crime Solutions
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $2.15 billion |
| Net Income | $426 million |
| Operating Margin | 24.3% |
Product Portfolio
Customer Engagement Solutions include:
- Cloud contact center platforms
- AI-powered workforce optimization tools
- Customer experience analytics
Geographic Revenue Distribution
| Region | Revenue Percentage |
|---|---|
| North America | 52% |
| Europe | 28% |
| Rest of World | 20% |
Technology and Innovation
NICE invests approximately 17% of annual revenue in research and development, focusing on AI and cloud technologies.
Employee Information
| Category | Number |
|---|---|
| Total Employees | 7,800 |
| R&D Employees | 2,600 |
How NICE Ltd. (NICE) Makes Money
Revenue Streams
NICE Ltd. generates revenue through two primary business segments:
- Customer Engagement Solutions
- Cyber Intelligence Solutions
Customer Engagement Solutions
Revenue breakdown for Customer Engagement Solutions in 2023:
| Product Category | Revenue ($M) | Percentage |
|---|---|---|
| Cloud Solutions | 567.2 | 42% |
| On-Premises Software | 312.5 | 23% |
| Professional Services | 245.3 | 18% |
| Support and Maintenance | 219.6 | 16% |
Cyber Intelligence Solutions
Revenue breakdown for Cyber Intelligence Solutions in 2023:
| Product Category | Revenue ($M) | Percentage |
|---|---|---|
| Digital Investigation | 412.7 | 38% |
| Fraud and Authentication | 356.9 | 33% |
| Physical Security | 289.4 | 27% |
Financial Performance
NICE Ltd. financial highlights for 2023:
- Total Revenue: $1,935.4 million
- Net Income: $422.6 million
- Gross Margin: 58.3%
- Operating Margin: 26.7%
Geographic Revenue Distribution
| Region | Revenue ($M) | Percentage |
|---|---|---|
| North America | 876.3 | 45% |
| Europe | 532.7 | 28% |
| Asia Pacific | 331.6 | 17% |
| Rest of World | 194.8 | 10% |
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