Business UpdateJun 23, 2026, 11:05 AM
eGain, Deloitte Report on $9T Knowledge Exodus
AI Summary
eGain (NASDAQ: EGAN) announced the publication of a joint report co-authored with Deloitte, titled 'The $9 Trillion Knowledge Exodus.' The report addresses the growing institutional knowledge crisis caused by baby boomer retirements, estimating an economic impact of $6.9 trillion to $9.6 trillion in lost production. It highlights that 92% of companies lack effective systems to secure knowledge from retiring employees, despite 85% of executives recognizing it as a significant threat. The report outlines a five-step framework for systematic knowledge securing, positioning eGain's AI-powered solutions as key to transforming this challenge into a competitive advantage.
Key Highlights
- eGain co-authored a report with Deloitte on the 'knowledge exodus' from baby boomer retirements.
- The report, titled 'The $9 Trillion Knowledge Exodus,' highlights an estimated $6.9T-$9.6T in lost production.
- It notes 92% of companies lack effective systems to secure knowledge from retiring employees.
- 85% of executives view this knowledge exodus as a moderate to critical threat.
- The report provides a five-step framework for systematic organizational knowledge securing.
- eGain's AI Knowledge Hub is positioned as a solution for enterprise knowledge management.
Price Impact
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