Industry Focus SilverCloud specializes exclusively in the banking sector, serving over 200 financial institutions including banks and credit unions, which indicates a strong potential market for tailored knowledge management and customer support solutions.
Recent Acquisition Following its acquisition by TimeTrade Systems in January 2021, SilverCloud has rebranded as Engageware, suggesting strategic growth and potential expansion of service offerings to enhance customer engagement and support capabilities.
Product Innovation SilverCloud launched a Consumer Support solution in April 2020, featuring chatbots and automated self-service channels, highlighting opportunities to introduce AI-driven customer engagement tools to banks and credit unions seeking to improve digital service quality.
Growth Indicators With a revenue range of 1 million to 10 million and recent funding efforts, SilverCloud presents a viable opportunity for partnership or sales of additional support automation and knowledge management products aimed at fintech and banking clients.
Technology Stack Utilizing modern technologies like Google Cloud, WordPress, and D3.js, SilverCloud demonstrates an openness to digital innovation, making it a suitable target for advanced integration solutions, analytics tools, and digital transformation services.