06/18/2026 | Press release | Distributed by Public on 06/18/2026 15:53
Sunnyvale, CA (June 18, 2026): eGain (NASDAQ: EGAN), the leading provider of AI-powered knowledge management for enterprise customer service, today announced the publication of a joint report co-authored with Deloitte* on the growing institutional knowledge crisis triggered by mass Baby Boomer retirements. Published by Deloitte Insights, the research report - "The $9 Trillion Knowledge Exodus: How Organizations Can Turn Baby Boomer Retirements Into Competitive Advantage" - was co-authored by Evan Siegel of eGain and Eyal Cahana of Deloitte.
The report arrives at a critical inflection point. In the next four years, more than 30 million Americans will turn 65, triggering what the authors describe as the largest single transfer of institutional knowledge in business history, with projected economic consequences of $6.9 to $9.6 trillion in lost output. Yet despite widespread awareness of the coming wave, 92% of surveyed organizations still fail to consistently capture knowledge from soon-to-be retirees.
The report findings make clear that the challenge is not purely demographic. Average job tenure has declined from 4.6 to 3.9 years over the past decade, while Baby Boomers average more than eight years of tenure. The deep organizational memory these workers carry - the engineer who knows why a system was designed the way it was, the account leader who understands the history behind a client relationship - will not naturally reaccumulate in the next generation of workers.
Critically, 85% of C-suite leaders already view the knowledge exodus as a moderate to mission-critical threat. Yet most organizations remain stuck between awareness and action, making this a rare strategic opening for companies willing to move decisively.
The report outlines a practical, five-step process for capturing, organizing, and deploying institutional knowledge before it disappears:
The report also includes real-world outcomes for each step. For example, a leading European telecommunications provider that consolidated four knowledge silos across 10,000 contact center agents and 600 retail locations saw first-contact resolution improve by 37%, Net Promoter Score rise by 30 points, and new-hire productivity ramp time cut by 50%. A major airline cargo division completed a targeted knowledge consolidation initiative in one month, compared to the four to five months typically required by conventional approaches. And a large integrated healthcare system now serves 120,000 employees through its knowledge platform, generating 24 million annual self-service sessions.
The report is available now on Deloitte Insights (https://www.deloitte.com/us/en/insights/topics/talent/knowledge-management-plan.html?nc=29). To learn more about eGain's AI Knowledge Hub and how it supports enterprise knowledge management programs, visit https://www.egain.com.
*Please see https://www.deloitte.com/us/about for a detailed description of their legal structure.
eGain is a leading provider of AI-powered knowledge management and customer experience automation solutions. With over 25 years of experience in knowledge management, eGain helps enterprises unify siloed content, automate trusted knowledge workflows, and deliver measurable AI-ROI through proven frameworks and methods. Global 2000 companies across industries rely on eGain to transform customer service, improve employee productivity, reduce costs, and accelerate AI adoption. Visit https://www.eGain.com for more information.
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