EGAN eGain

Legacy IVRs Fail to Deliver Good Experiences, Underscoring Need for Digitalization

Legacy IVRs Fail to Deliver Good Experiences, Underscoring Need for Digitalization

SurveyMonkey research by eGain finds that consumers face roadblocks at every step of their journeys across IVR and agent-assisted customer service

SUNNYVALE, Calif., March 17, 2021 (GLOBE NEWSWIRE) -- eGain (NASDAQ: ), the leading cloud platform for customer engagement automation, today announced the results of their survey on customer experiences with IVR systems. The central finding was that legacy IVRs frustrate customers due to long hold times and their inability to resolve queries. Most customers “zero” out to a human agent, and upon escalation, bear the burden of repeating context to the agent. Adding to their frustration are the inconsistent answers consumers get across touchpoints.

Focused on the US market, the survey was conducted in February and March 2021. The results were compiled from 500 respondents who had used smartphones to call businesses or government agencies for customer service in the last 12 months.

Key findings

  • 88% said that the IVRs were not intelligent enough, with 38% saying they were unintelligent or somewhat unintelligent
  • 60% zeroed out to a human operator very often or often, and an additional 26% somewhat often
  • 67% wrestled with the IVR for 5 minutes or longer, 41% for 15 minutes or longer, before trying to get to an agent
  • 70% waited for 5 minutes or longer to get the human agent on the phone upon escalation, 43% for 15 minutes or longer
  • A whopping 73% had to repeat information they had already entered at the IVR to the human agent
  • 44% said they got different answers from different touchpoints
  • And more

Most IVRs have no connectivity with digital channels, missing a big opportunity to deflect smartphone callers to digital self-service. Moreover, making changes to IVR business logic requires IT involvement. “Companies cannot simply throw away their legacy IVR systems, given the large investments they have made in them,” said Ashu Roy, eGain CEO. To add to the problem, they have very little insight into the customer experience their IVR banks are delivering.

eGain SmartIVR™ is an over-the-top solution to modernize IVR systems, making it easy to deflect smartphone callers to digital self-service or agent-assisted messaging, powered by AI and knowledge guidance. Business users can change IVR logic in a snap and optimize the IVR experience with end-to-end analytics. “Our clients,” said Ashu Roy, “are quickly digitalizing their IVRs, deflecting over 30% of customer calls to digital service in just days after deployment.”

More information

Report of research findings:

Related webinar with Sheila McGee-Smith, premier contact center analyst:

eGain SmartIVR:

eGain Virtual Assistant:

eGain Messaging Hub:

eGain Suite:

eGain Innovation in 30 Days™:

About eGain

eGain customer engagement platform automates digital-first, omnichannel experiences across all touch points. Powered by AI, machine learning, knowledge and analytics, our top-rated software optimizes customer journeys with virtual assistance, messaging hub and desktop to serve customers, reduce cost and improve compliance. To learn more, visit .

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:

Phone: 408 636 4514



EN
17/03/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on eGain

 PRESS RELEASE

Why AI Projects Fail: Groundbreaking Survey Uncovers Crisis of Trust i...

Why AI Projects Fail: Groundbreaking Survey Uncovers Crisis of Trust in Underlying Content SUNNYVALE, Calif., June 03, 2025 (GLOBE NEWSWIRE) -- eGain (NASDAQ: EGAN), the leader in AI knowledge platform for service, today announced the findings of a first-of-its-kind survey on the state of AI in 2025. Conducted by Enterprise AI/KMWorld in Spring 2025, the findings were compiled from the responses of 316 executives, knowledge managers and practitioners worldwide. The survey revealed a make-or-break barrier to AI success with a whopping 61% of respondents pointing to erroneous or inconsiste...

 PRESS RELEASE

eGain Announces Third Quarter 2025 Financial Results

eGain Announces Third Quarter 2025 Financial Results SUNNYVALE, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- eGain (Nasdaq: EGAN), the AI knowledge management platform for service, today announced financial results for its fiscal 2025 third quarter ended March 31, 2025. “Our third quarter results exceeded expectations on profitability and delivered solid operating cash flow,” said Ashu Roy, eGain’s CEO. “Shortly after the quarter closed, we secured one of our largest expansion deals ever with a U.S. megabank. We also launched our AI Agent for Contact Center during the quarter, a breakthrough...

 PRESS RELEASE

eGain to Announce Fiscal 2025 Third Quarter Financial Results on May 1...

eGain to Announce Fiscal 2025 Third Quarter Financial Results on May 14, 2025 SUNNYVALE, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- eGain (NASDAQ: ), the AI knowledge platform for service, will announce its fiscal 2025 third quarter financial results after the close of regular market trading on Wednesday, May 14, 2025, followed by an investor conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. ET). Chief Executive Officer Ashu Roy and Chief Financial Officer Eric Smit will host the call and webcast. When:Wednesday, May 14th at 2:00 p.m. Pacific Time (5:00 p.m. ET).  Webcast:A l...

 PRESS RELEASE

eGain führt seinen AI Agent for Contact Center ein und revolutioniert ...

eGain führt seinen AI Agent for Contact Center ein und revolutioniert damit den Kundenservice Unterstützt menschliche Servicemitarbeiter mit Echtzeit-Anweisungen während Kundengesprächen SUNNYVALE, Kalifornien, March 19, 2025 (GLOBE NEWSWIRE) -- eGain (NASDAQ: EGAN), der führende Anbieter von KI-Wissensmanagement, gab heute die Einführung des eGain AI Agent for Contact Center bekannt, einer bahnbrechenden Lösung, die sich der Herausforderung der schwankenden Leistung von Agenten in Kundencentern annimmt. Mit dieser Anwendung können alle Agenten den Kunden wie Experten helfen – und so ih...

 PRESS RELEASE

eGain lanza un agente de IA para centros de contacto que revoluciona e...

eGain lanza un agente de IA para centros de contacto que revoluciona el desempeño del servicio Aporta orientación en tiempo real a los agentes humanos durante las conversaciones con los clientes SUNNYVALE, Calif., March 19, 2025 (GLOBE NEWSWIRE) -- eGain (NASDAQ: EGAN), líder en gestión de conocimiento por IA, anunció hoy el lanzamiento de eGain AI Agent para centros de contacto, una solución vanguardista para abordar el reto del desempeño variable de los agentes en los centros de contacto. Con el uso de esta solución, todos los agentes pueden ayudar a los clientes como si fueran expert...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch