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eGain Corporation (NASDAQ: EGAN) is a leading provider of cloud-based customer engagement hub software. Headquartered in Sunnyvale, California, eGain serves clients worldwide, with a significant presence in North America, Europe, the Middle East, Africa (EMEA), and the Asia-Pacific (APAC) regions. For over a decade, eGain's innovative solutions have been instrumental in enhancing customer experiences, optimizing service processes, and driving sales growth across web, social, and phone channels.
eGain's core business revolves around its Software as a Service (SaaS) platform that integrates advanced digital, artificial intelligence (AI), and knowledge management capabilities. This platform is designed to automate and orchestrate customer engagement, thereby transforming fragmented customer service operations into unified customer engagement hubs (CEHs). The eGain Knowledge Hub, powered by AI and analytics, delivers personalized digital-first experiences and fosters quick business value along with easy innovation.
eGain's solutions cater to a diverse array of industries, including financial services, telecommunications, retail, government, healthcare, and utilities. This broad spectrum of services has attracted hundreds of the world's largest companies to rely on eGain for their customer engagement needs. The company derives the majority of its revenue from North America but continues to expand its footprint in other regions.
eGain's recent achievements include the introduction of AssistGPT™, a generative AI service that enhances the automation and efficiency of knowledge management. AssistGPT™ has been pivotal in securing new clients and expanding the company's market presence. Moreover, eGain has showcased its offerings at significant industry events like CCW Berlin and Enterprise Connect, highlighting the capabilities of the eGain Knowledge Hub and its integration with prominent CCaaS (Contact Center as a Service) platforms.
Financially, eGain remains robust, with consistent revenue growth and profitability. The company's fiscal 2024 guidance reflects optimism driven by new logo acquisitions and substantial stock repurchase programs, underlining its confidence in long-term shareholder value and the AI knowledge market opportunity.
For more information, visit www.egain.com or contact their offices at +1-800-821-4358 (US), +44 (0) 1635 800087 (EMEA), or +91-(0)-20-6608-9200 (APAC). Follow eGain on Twitter and Facebook.
eGain (NASDAQ: EGAN) reported that chatbots scored the lowest in customer satisfaction among digital service options during COVID-19. A survey by Dimensional Research revealed that 57% of consumers were frustrated with inconsistent answers from chatbots compared to human agents. Notably, 80% of consumers increased their use of digital customer service channels, particularly among Millennials (92%) and Gen Z (87%). eGain CEO Ashu Roy emphasized the need for chatbots to be easy, smart, and connected to address contact center challenges.
eGain (NASDAQ: EGAN) announced a collaboration with a financial services client leveraging its digital engagement solutions to enhance customer and agent experiences. The client, unable to integrate various products, selected eGain for its unified capabilities. In just ten weeks, eGain deployed its Virtual Assistant, SuperChat, and Cobrowse functionalities, achieving over 50% resolution of customer queries and 81% for IT inquiries. The virtual assistant has processed over 2 million interactions in the past year, showcasing eGain's potential in transforming customer engagement through AI.
eGain (NASDAQ: EGAN) announced support for Google’s Business Messages through its eGain Messaging Hub. This enhancement allows contact centers to manage the lifecycle of Google’s Business Messages, integrating interactions for a holistic customer view. Key features include customer messaging on Android devices, AI-driven routing, guided conversations with virtual assistants, and analytics for operational efficiency. CEO Ashu Roy emphasized the necessity of messaging for customer engagement, highlighting the hub's ease of integration with messaging platforms.
eGain (NASDAQ: EGAN) announced it will hold virtual investor meetings on June 24 and 25, 2020, as part of the 6th Annual ROTH Virtual London Conference. eGain is a leader in omnichannel customer engagement solutions, utilizing AI, analytics, and virtual assistance to enhance customer experiences. The company's solutions support digital transformation for major brands. For more information, visit http://www.egain.com.
eGain (NASDAQ: EGAN) announced that a leading US health insurer has selected its eGain AI Knowledge solution to enhance customer service. The solution addresses the complex challenges faced by health insurance representatives, who often deal with vast amounts of conflicting information.
eGain's platform will enable thousands of agents to efficiently resolve customer queries related to health plans, claims, billing, and more, leveraging data from the company's CRM and billing systems for personalized guidance. CEO Ashu Roy emphasized the necessity of AI-driven knowledge solutions for managing the increasing complexity in health insurance.
eGain (NASDAQ: EGAN) has announced enhancements to its messaging capabilities, launching its Bring Your Own Bot (BYOB)™ architecture. This allows enterprises to integrate proprietary and third-party bots into their messaging workflows, improving customer engagement through automated processes. The eGain Messaging Hub provides a comprehensive solution that includes interactive experiences, AI-powered routing, and guided conversations to assist customers effectively. The innovations aim to consolidate messaging tools and enhance operational efficiency across enterprises.
eGain (NASDAQ: EGAN), a leader in digital-first customer engagement solutions, announced CFO Eric Smit will host virtual meetings with investors on June 10, 2020, during the Stifel 2020 Virtual Cross Sector Insight Conference. eGain delivers comprehensive customer engagement solutions powered by AI, virtual assistance, knowledge, and analytics, facilitating digital transformation for major brands. For more details on eGain's offerings, visit egain.com.
eGain (NASDAQ: EGAN) announced that Say Insurance has selected its eGain Cobrowse solution for enhancing digital member service and engagement. Say Insurance, a subsidiary of Shelter Insurance, operates in several U.S. states, aiming to simplify the insurance purchasing experience. The cobrowsing tool allows customer service agents to assist customers in real-time on any website, boosting onboarding rates significantly. eGain's CEO highlighted the potential for increased customer satisfaction.
eGain (NASDAQ: EGAN) announced its participation in three investor conferences in May 2020 aimed at enhancing investor engagement. The events include the Oppenheimer 5th Annual Virtual Emerging Growth Conference on May 12 (one-on-one meetings), the Needham 15th Annual Virtual Technology & Media Conference on May 20 at 4:45 pm ET (presentation), and the Craig-Hallum 17th Annual Virtual Institutional Investor Conference on May 27 (one-on-one meetings). Interested investors can schedule meetings through conference hosts or eGain's investor relations firm.
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