eGain Launches the Knowledge Hub™, Turbocharging Digital Transformation of Customer Engagement

Rhea-AI Summary

eGain (NASDAQ: EGAN) has launched the eGain Knowledge Hub™, a new knowledge management solution aimed at enhancing digital customer engagement. This platform centralizes customer context and content, providing a consistent and efficient service experience. Benefits include reduced maintenance costs, improved response speed, and enhanced content accuracy. According to Gartner, enterprises can lower management costs by 15% to 40% with knowledge consolidation, addressing critical gaps in customer experience.

Positive

• Launch of eGain Knowledge Hub™ enhances digital customer engagement.
• Centralization of customer context and content improves service experience.
• Potential reduction of knowledge management costs by 15% to 40%.
• Improved knowledge creation speed and content accuracy.

Negative

• None.

eGain Knowledge Hub™ fills a huge gap in digital customer engagement, while eliminating chaos from islands of knowledge and customer context

SUNNYVALE, Calif., Sept. 07, 2021 (GLOBE NEWSWIRE) -- eGain (NASDAQ: EGAN), the leading cloud platform for customer engagement automation, today announced the availability of eGain Knowledge Hub™, the company’s next-gen knowledge management solution.

According to Gartner, organizations at advanced stages of digital transformation will find that poor customer experience is their biggest barrier to further success. A Forrester Consulting consumer survey revealed that lack of knowledge across contact center agents and self-service systems is the biggest barrier to getting good customer service.

Powered by AI reasoning, ML, Natural Language Processing, and analytics, eGain Knowledge Hub is a rich, one-stop knowledge management solution for the digital-first, remote-first era. Among the benefits are:

• Knowledge harmony created by centralizing 360 customer context, omnichannel content, profiled access, personalization, search methods, conversational guidance, and analytic insight into one platform
• Assured customer service and agent confidence with the single right answer to customer questions
• Consistency and process compliance at scale across touchpoints
• Rich functionality out of the box for quick business value—say goodbye to multi-year development, customization, and integration projects with toolkits
• Easy governance, insights, and optimization
  

“We estimate that enterprises that undertake enterprise-wide knowledge consolidation projects can lower knowledge management application maintenance costs by 15% to 40%. It will improve the speed of knowledge being authored and released to multiple channels, shorten the time of the training of machine learning or the natural language processing engine, and increase the accuracy rate of the content,” wrote Drew Kraus, et al, in a recent Gartner research note.*

“Many digital CX initiatives have been doomed by the knowledge gap,” said Ashu Roy, eGain CEO. “Our knowledge hub ensures that consistent, hyper-relevant content and conversational guidance flow through the ever-growing digital pipes for effortless customer, agent, and business experiences.”

*Gartner, Delivering Relevant Content and Knowledge to Customers Is Key to Great Customer Service
Drew Kraus, et al, Report ID G00464970, April 9, 2021.

More information
eGain Knowledge Hub: https://www.egain.com/products/knowledge-management-software/
eGain Digital Customer Engagement™ Suite: https://www.egain.com/products/
Register for upcoming webinar on Knowledge Hubs: https://register.gotowebinar.com/register/8281476916430010383
eGain Innovation in 30 Days™: https://www.egain.com/innovation-in-30-days/

About eGain
eGain customer engagement platform automates digital-first, omnichannel experiences for global brands. Powered by knowledge, AI and analytics, our top-rated cloud software enables effortless customer journeys with virtual assistance, customer self-service, and modern agent tools. To learn more, visit www.eGain.com.

eGain, the eGain logo, and all other eGain product names and slogans are trademarks or registered trademarks of eGain Corp. in the United States and/or other countries. All other company names and products mentioned in this release may be trademarks or registered trademarks of the respective companies.

eGain media contact Michael Messner Email: press@egain.com Phone: 408 636 4514

FAQ

What is the eGain Knowledge Hub™ and its purpose?

The eGain Knowledge Hub™ is a next-gen knowledge management solution launched by eGain, aimed at enhancing digital customer engagement by centralizing customer context and content.

What benefits does eGain claim for its Knowledge Hub?

eGain claims that its Knowledge Hub can lower knowledge management application maintenance costs by 15% to 40%, improve the speed of knowledge release, and increase content accuracy.

When was the eGain Knowledge Hub™ announced?

The eGain Knowledge Hub™ was announced on September 7, 2021.

How does the eGain Knowledge Hub™ impact customer service?

The eGain Knowledge Hub™ enhances customer service by providing consistent and accurate information to agents, leading to improved customer experiences.

What stock symbol is eGain associated with?

eGain is associated with the stock symbol EGAN on NASDAQ.