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Check it OutPulse 2023 is more than software’s biggest conference on durable growth. It’s a celebration of ten years of joy, and an invitation to ask what if about a future that’s yet to be written.
Check it OutCreate a single destination for your customers to connect, share best practices, provide feedback, and build a stronger relationship with your product.
Check it OutPulse 2023 is more than software’s biggest conference on durable growth. It’s a celebration of ten years of joy, and an invitation to ask what if about a future that’s yet to be written.
Check it OutRead the latest on Gainsight in the news, across the industry, and beyond.
Read the latest on Gainsight in the news, across the industry, and beyond.
Here at Gainsight, we’re all about delivering Success for All. Check out all the newsworthy ways we’re doing that for our company and our customers below.
Gainsight Essentials, New Generative AI Capabilities, and Northpass Acquisition Drive Growth
SAN FRANCISCO, CA, SEPTEMBER 7, 2023 – Gainsight, the world’s leading Customer Success platform, continued to showcase strong momentum in the first half of its fiscal year, ending July 31st. Growth was driven by increasing demand for Gainsight Essentials, the company’s purpose-built offering to help businesses start and scale with its core Customer Success product for under $2k per month and with onboarding in as little as two weeks. Since launching in March 2022, nearly 300 companies have signed up for Gainsight Essentials.
Gainsight added several high-profile customers over the last two quarters, including more than 30 who switched from starter Customer Success products. This continues a trend that’s seen more than one customer per week moving to Gainsight over the past 24 months. Notable new customer logos in the first half of the fiscal year include Cleverbridge, CloudApp, Fusion Medical Staffing, Litmos, Parachute Health, OneSpan, Onfido, Safe Security, SAE International, Sisense, Spear Education, Toro, and TrustRadius.
In May this year, Gainsight announced several new generative AI product features at its 10th annual Pulse Conference held at San Francisco’s Moscone Center. The event was attended by more than 3,000 Customer Success leaders. And in July, the company completed its acquisition of Northpass, the leading customer education platform. This further solidifies the company’s position as the industry’s only true Customer Success Platform capable of serving the entire post-sales customer journey, from product adoption and high-touch customer success management to self-service customer communities and customer training.
“In today’s economy, acquiring new customers is more difficult and expensive than ever, making customer retention and expansion the primary growth driver for not only every SaaS company but any company with a recurring revenue model, no matter their stage or size. Plain and simple, everyone from CEOs and CFOs to investors and shareholders are looking at Net Dollar Retention (NDR) as the modern-day metric to gauge overall success and valuation,” said Nick Mehta, CEO of Gainsight.
Gainsight’s platform has also gained favor with CFOs and CIOs focused on vendor consolidation, as proven by a more than 25% increase in the number of customers leveraging more than one of its products in the first half of the year.
“Today more than ever, Customer Success leaders need to be able to clearly prove and articulate the value of their team and resources and not be looked at as a cost-center,” said Kellie Capote, Chief Customer Officer at Gainsight. “Every CFO and executive team—including our own—are scrutinizing spend across their organizations, starting with software. Gainsight has been fortunate to support the market with tools such as our Essentials offering. And now, our M&A strategy and innovation around generative AI is helping companies significantly reduce their CS spend and resourcing by giving them one, AI-powered platform to make their entire post-sales journey more efficient and effective.”
Additional highlights from Gainsight’s first half of FY24 include:
Gainsight announced several new generative AI features at its annual Pulse conference in June. The new capabilities are part of the company’s Horizon AI feature set, launched in 2021, and include Customer Cheat Sheet, an AI-generated narrative customer summary; Survey Takeaways, an AI-generated list of the key themes running through survey responses; Smart Search, an AI-powered tool that uses natural language queries to find the right information and suggest the right action; and Setup Assist, an AI-powered interactive chat that helps automate the customer journey.
Gainsight’s Pulse conference turned ten this year, once again gathering the world’s largest community of customer-centric leaders and practitioners for three days of networking and education on a range of topics on customer success, product management, community, and customer education. Growing demand and enthusiasm for Pulse content also led Gainsight to announce three additional events coming this Fall—Pulse Encore in New York City and Austin, and Pulse Europe in Amsterdam.
Gainsight released its comprehensive The Evolution of Customer Success report, which included data from North America and Europe on Customer Success capacity planning, compensation, and new strategies such as Digital Customer Success and Community Management.
The company has also seen remarkable success with its thought leadership in Digital Customer Success, including the release of a Maturity Model, an ongoing webinar series, and keynote presentations. CEO Nick Mehta and CCO Kellie Capote are also working on a book on Digital Customer Success which is slated to launch at Pulse, 2024.
Gainsight was ranked #1 in the Customer Management category and ranked #10 overall in The Software Report’s “Top 100 Software Companies of 2023” Awards. The annual award recognizes industry leaders based on “a multitude of factors, including product functionality, customer satisfaction, corporate reputation, innovative capabilities, organizational depth, ESG involvement, and long-term viability, among numerous other criteria.”
Gainsight Product Experience solution was named the winner of multiple awards from TrustRadius, a leader in enterprise software reviews. In its Winter 2023 Best Of competition, TrustRadius honored Gainsight PX with awards for Best Relationship, Best Value for Price, and Best Feature Set in the Product Analytics category. The award winners were determined by product reviews submitted to TrustRadius via its website between July and December, 2022.
Gainsight’s innovative platform helps companies of all sizes and industries drive durable growth. It offers a powerful set of customer success, product experience, and community engagement solutions that together enable businesses to scale efficiently, create alignment, and put the customer at the heart of innovation. With Gainsight, it’s never been easier to drive acquisition, increase product adoption, prevent churn, and grow with renewals and expansion. Learn how leading companies such as GE Digital, SAP Concur, and Box use Gainsight at www.gainsight.com.
Contact:
Aarthi Rayapura
Senior Director, Editorial and Content
arayapura@gainsight.com
Latest Acquisition Expands Gainsight’s Product Portfolio and Cements Its Position As the Leader in Digital Customer Success
SAN FRANCISCO, CA, July 11, 2023 – Gainsight, the world’s leading Customer Success platform, announced today that it has signed a definitive agreement to acquire Northpass, a privately held company based in Parsippany, New Jersey.
Northpass is the leading customer education platform that helps mid-market and enterprise companies create engaging and effective digital customer education programs. It was recently named the Best Customer Education Learning Management System (LMS) of 2023 at the annual SIIA CODiE Awards and G2 recognized it as a Leader and High Performer in Customer Education Software in its Spring 2023 Report. The solution is used by nearly 350 B2B and B2C companies, including Walmart, Freshworks, Glassdoor, Pipedrive, AgriWebb, Bonfire, and Front.
According to a recent survey by TSIA, 93% of education teams are investing or planning to invest in LMS tools and technology and 72% are investing or planning to invest in data analytics tools and technology. The addition of Northpass to Gainsight’s product portfolio creates the only end-to-end Customer Success platform in the market, allowing businesses to not only automate their high-touch customer success management efforts but also scale them more efficiently by leveraging digital channels such as automated email journeys, in-app product engagements, customer communities, and now customer education and training. With Gainsight, businesses can drive Net Revenue Retention (NRR) across multiple phases of the customer journey while consolidating their spend with a single, AI-driven platform.
“In an economy where a higher value is placed on profitability than growth, a business’s ability to retain and expand their existing customer base in a cost-efficient way is absolutely critical,” said Robin van Lieshout, Chief Strategy Officer at Gainsight. “That’s why Digital Customer Success (DCS) is so important—it’s purpose-built to help companies meet their customers where they’re at and deliver a consistent customer journey at scale. And with customer education being such an important component of a well-rounded DCS strategy, you can see why we’re so excited about the addition of Northpass and the value the solution will deliver for our customers.”
“Digital customer education significantly reduces the time customer success teams spend training customers manually and delivers the modern learning experience that customers expect,” said Stephen Cornwell, Founder and CEO of Northpass. “I’m thrilled for Northpass to join forces with Gainsight. Integrating digital learning with community, in-app product engagement, and rich customer success data unlocks unprecedented opportunities for driving new levels of operating efficiency and superior customer experiences—both critical to succeeding in today’s economy.”
Customer Education Is the First Step to Efficient Retention:
Businesses can start their customers on the right foot by:
While in turn, businesses benefit in several other ways:
And by integrating training data such as course completion rates into their customer’s health score in Gainsight, Customer Success teams can further automate key workflows and have more confidence in the predictability of their gross and net retention rates.
“Like many companies, recurring revenue is one of our primary business metrics,” said Mark Kish, Director of Customer Success Operations at Glassdoor. “Gainsight CS and Northpass have been critical in training, retaining, and expanding our customer relationships and helping us scale efficiently. We’re excited to see these two industry leaders join forces to provide greater value to customers.”
About Gainsight
Gainsight’s innovative platform helps companies of all sizes and industries drive durable growth. It offers a powerful set of customer success, product experience, and community engagement solutions that together enable businesses to scale efficiently, create alignment, and put the customer at the heart of innovation. With Gainsight, it’s never been easier to drive acquisition, increase product adoption, prevent churn, and grow with renewals and expansion. Learn how leading companies such as GE Digital, SAP Concur, and Box use Gainsight at www.gainsight.com.
About Northpass
Northpass is a market-leading digital customer education platform that empowers businesses to elevate their customer experience and optimize operational efficiency through digital learning. Iconic brands, including Walmart, in addition to hundreds of growth businesses, like Pipedrive and Freshworks, choose Northpass to power their digital customer academies. Our award-winning platform and expert services give companies a surefire path to transform outdated customer training methods into modern digital education programs that match how customers want to learn today and improve training efficiency, effectiveness, and reach. Learn more at www.northpass.com
Contact:
Aarthi Rayapura
Senior Director, Editorial and Content
arayapura@gainsight.com
San Francisco, California (May 19th, 2023): Gainsight announced the winners of its 2023 GameChanger awards on the keynote stage at Pulse, the company’s annual industry conference in San Francisco. The awards celebrate companies and individuals who have made significant contributions to the field of customer success, driving innovation and transforming the way businesses engage with their customers.
The winners of the 2023 Gainsight GameChanger Awards are as follows:
The Digital Customer Success Disruptor: Alteryx, Samsara, and SAP Concur, and are the winners of The Digital Customer Success (DCS) Disruptor award for their pioneering work in moving into the next era of customer success. These champions of efficiency combine the strengths of digital experiences and human expertise to power healthy customer life cycles at scale. As a result, their companies reap the rewards of stronger product adoption and customer retention.
The Architect: Unqork is the winner of The Architect award which is given to the company that thinks outside the box when it comes to building the best community for its users. Not only did they build a community that is helpful across the entire customer journey, but they also scaled the process of creating personal 1-on-1 relationships with their customers.
The Challenger: Houghton Mifflin Harcourt (HMH) is the winner of The Challenger award for their commitment to challenging the status quo and driving change in the industry. The organization has not only risen to the occasion to take on unforeseen challenges but found solutions to thrive with an uncompromising dedication to the success of the individuals in their organization, their customer base, or their community.
The Defender: Zendesk is the winner of The Defender award which recognizes the company that used Gainsight to identify areas of potential risk to the business in order to increase product adoption, improve retention, accelerate expansion, and decrease churn.
The Dream Team: Blackbaud, Inc. is the winner of The Dream Team award which recognizes how members of an organization bring together teams like Customer Success, Sales, Product, and Marketing to create deeper customer relationships.
The Experience Maker: Mindbody is the winner of The Experience Maker award which honors an organization that is hyper-focused on improving the experience of their customers and personalizing relationships at scale.
Transformational Leader: Mike Dover, VP of Customer Success at Certinia (formerly FinancialForce), is the winner of the Transformational Leader award which is given to a person who has driven material change in their organization by transforming customer success and product experience into a key driver of growth by leveraging Gainsight.
The Visionary: Sendbird is the winner of The Visionary award which is given to an organization that understands the value of a unified view of their customer data. They have mastered using 360º views, scorecards, and advanced reporting to shift their teams from a reactive to a more proactive approach.
“We are thrilled to recognize these trailblazing companies and individuals for their amazing contributions to the evolution of customer success,” said Nick Mehta, CEO of Gainsight. “These pioneers understand the value of customer success in driving efficient growth and are defining the benchmarks for success in our industry. Congratulations to all of the winners!”
About Pulse
Pulse is the industry’s largest conference on customer success, held at Moscone Center in San Francisco. The event draws thousands of customers, practitioners, and experts in the fields of customer success, product management, and community. This year’s title sponsors include Thena, Rocketlane, and GuideCX. To learn more, visit gainsightpulse.com/2023.
About Gainsight
Gainsight’s innovative platform helps companies of all sizes and industries drive durable growth through customer-led, product-led, and community-led strategies. It offers a powerful set of customer success, product experience, and community engagement solutions that together enable businesses to scale efficiently, create alignment, and put the customer at the heart of innovation. With Gainsight, it’s never been easier to drive acquisition, increase product adoption, prevent churn, and grow with renewals and expansion. Learn how leading companies such as GE Digital, SAP Concur, and Box use Gainsight at www.gainsight.com.
Contact:
Jordan Sher
Vice President, Corporate and Brand Marketing
jsher@gainsight.com
Highlights in this release:
San Francisco, California (May 18th, 2023): Gainsight today announced the launch of multiple product offerings designed to help companies elevate customer experiences while also improving the scale and efficiency of their Customer Success practices. The announcements were made during the keynote on product announcements at its 10th annual Pulse conference held at Moscone Center.
Businesses have been using Gainsight’s market-leading products to scale the reach and impact of their Customer Success initiatives across the entire customer journey. To date, Gainsight customers have already:
The new product announcements place focus on driving Digital Customer Success in response to the current economic climate, where the cost efficiency of customer retention and expansion efforts have become critical measures of long-term viability and valuation for every company.
“Digital customer success is on every customer success leader’s mind in the current economy,” says Karl Rumelhart, President of Products, Technology, and Global Operations at Gainsight. “Their teams are expected to work more efficiently while elevating the customer experience to capture more expansion and retention revenue with fewer resources. And Gainsight is here to help.”
Unlike traditional tech-touch approaches, Digital Customer Success blends human capabilities with digital technology to elevate customer experiences while also driving down customer retention/expansion costs.
“Digital success has allowed our lines of business to understand customers better, resulting in more personalized support that meets their specific needs. We have exceeded industry-leading benchmarks in open rates, click-through rates, and engagement rates throughout our program; subsequently improving overall customer experience by making customers feel valued and appreciated,” said Nic Morales, Vice President of Customer Success at Alteryx.
Making it easy to go digital
Gainsight made two announcements that meet the industry’s priorities for Digital Customer success while extending the company’s market leadership in the category:
“We have generated 2,000 leads via Community sessions for customers who are
interested in attaching additional products,” said Jonas Rieke, Chief Operations Officer at Personio, a Gainsight Digital Hub customer.
Gainsight also unveiled the Digital Customer Success Maturity Model and a 19-company Digital Advisory board. Based on quantitative and qualitative research from companies like Okta, SAP Concur, Workday, and Drift, the model maps organizations to three stages of Digital Customer Success maturity:
Digital Customer Success is a key focus in 2023:
Gainsight will soon publish research to benchmark compensation and capacity across the Customer Success function in North America and Europe. Findings include:
These findings highlight the appetite and momentum of Digital Customer Success.
About Pulse
Pulse is the industry’s largest conference on customer success, held at Moscone Center in San Francisco. The event draws thousands of customers, practitioners, and experts in the fields of customer success, product management, and community. This year’s title sponsors include Thena, Rocketlane, and GuideCX. To learn more, visit gainsightpulse.com/2023.
Learn more about Digital Hub and the Digital Customer Success Maturity Model by registering for our webinar series, Chef’s Kiss: Digital Customer Success Recipes..
About Gainsight
Gainsight’s innovative platform helps companies of all sizes and industries drive durable growth through customer-led, product-led, and community-led strategies. It offers a powerful set of customer success, product experience, and community engagement solutions that together enable businesses to scale efficiently, create alignment, and put the customer at the heart of innovation. With Gainsight, it’s never been easier to drive acquisition, increase product adoption, prevent churn, and grow with renewals and expansion. Learn how leading companies such as GE Digital, SAP Concur, and Box use Gainsight at www.gainsight.com.
Contact:
Jordan Sher
Vice President, Corporate and Brand Marketing
jsher@gainsight.com
Gainsight is making the headlines in customer success, product experience, and community. Check out our featured appearances in the news below.
nikkei
08/08/23
企業の間でSaaS(サース)の利用を絞り込む動きが広がっている。サブスクリプション(定額課金)事業者向けの顧客データ分析を手がける米ゲインサイトのニック・メータ最高経営責任者(CEO)は人工知能(AI)で契約者の感情を理解し、継続的なサービス改善に反映する取り組みが欠かせないと話す。
Diginomica
07/25/23
Diginomica
05/22/23
At its Pulse 2023 conference last week, Gainsight introduced a new product designed to digitally automate customer success workflows, plus a new enterprise-wide license option and generative AI capabilities.
We’re both proud and humbled by the recognition Gainsight has received over the years. Check out our accolades below.
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