Genesys Cloud Products Soar, with Record Sales and 70% YOY Annual Revenue Growth

Avaya displacements drive 143% increase in Genesys Cloud sales

Sydney, September 10, 2019 — Global technology and customer experience leader Genesys®, reports 70% of new customers selected cloud offerings from its full range of omnichannel contact centre solutions in the first six months of 2019.

Fast adoption of the company’s next-generation customer experience platform, Genesys Cloud, is the engine driving the rapid growth. Organisations of all sizes around the world including Australian and New Zealand companies MyBudgetFeros CareWestpac NZ, O’Brian Glass and the Fair Work Ombudsman are turning to Genesys Cloud for its resiliency, security and rapid innovation. In fact, Genesys Cloud revenue has increased 70% year over year (YOY), and sales continue a steady climb upward, growing 112% in the second quarter compared to the same period last year.

The strong progress of the cloud platforms extends across the SaaS product suite, which includes Genesys PureCloud. The success of PureCloud is particularly notable, as the solution has continued its triple digit revenue growth every year since its launch in 2015. In the first half of 2019, PureCloud revenue increased nearly 110% YOY.

“We’ve reached a tipping point where the vast majority of new customers are choosing our flagship cloud offer,” said Genesys CEO Tony Bates. “Genesys Cloud is the platform to help both new and existing customers deliver the experiences consumers demand as the new era of personalisation continues to change the landscape. We’ll meet organisations wherever they are in their journey to the cloud to help them successfully manage every moment with their most important asset: their customers.”

Grabbing market share in the cloud

With its prescriptive approach and proven use cases, a driving force behind this remarkable momentum is the Genesys PureBridge offer. In the first half of this year alone, sales from Avaya displacements have risen by 143% compared with the same period last year, propelling Genesys growth even further.

Companies that have moved to Genesys offerings are realising tremendous returns, as noted in a recent report from Nemertes Research. The global research-advisory and consulting firm surveyed several companies that moved from legacy, on-premises solutions to Genesys customer experience technology – with 70% using the Genesys Cloud platform. The report identified common benefits including quick implementation times, scalability in global expansion, increased sales and rapid availability of new features. Other Genesys implementation outcomes include:

  • 31% decrease in operational costs
  • 23% improvement in First Call Resolution (FCR)
  • 13% reduction in Call Handle Time (CHT)
  • 6% increase in Customer Satisfaction (CSAT) scores

Register for the on demand webinar, “The proof is in the data: 10 real world CX transformations,” to hear more about the benefits of Genesys Cloud from Nemertes Research President and Founder Robin Gareiss.

About Genesys

Genesys® powers more than 25 billion of the world’s best customer experiences each year. Our success comes from connecting employee and customer conversations on any channel. Every day, 11,000 companies in more than 100 countries trust our #1 customer experience platform to drive great business outcomes and create lasting relationships. Combining the best of technology and human ingenuity, we build solutions that mirror natural communication and work the way you think. Our industry-leading solutions foster true omnichannel engagement because they perform equally well across channels, on-premise and in the cloud. Experience communication as it should be: fluid, instinctive and profoundly empowering. Visit genesys.com on Twitter, Facebook, YouTube, LinkedIn and the Genesys blog.

 

©2019 Genesys Telecommunications Laboratories, Inc. All rights reserved. Genesys and the Genesys logo are trademarks and/or registered trademarks of Genesys. All other company names and logos may be registered trademarks or trademarks of their respective companies.

 

Contacts:

Australia

Elizabeth Williams

Group Account Director

ZADRO

elizabeth@zadroagency.com.au

+61 2 9212 7867

+61 411 201 354

 

Yvette Schlegelmilch

Account Manager

ZADRO

yvette@zadroagency.com.au

+61 2 9212 7867

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