In recent years, technology has been playing a vital role in pushing the potential of businesses. But, did you think of the factor that is driving the growth of technology everyday? It has never improved on its own. Rather, it is rapidly changing due to the Q & A platforms market. Basically, these platforms help in making the path towards a more reliable future.  The Q&A platforms market has seen a spike in demand due to ongoing pandemic. The technical giants from different industries are coming together on these Q&A platforms to get insights about the need of the hour. This method helps them in improving their business framework and their product offerings   

Q&A platforms’ market insights – Diving into the world of knowledge

Questions and answers furnish organizations with a system to make devoted points where organization representatives can share their insight as an answer to the raised inquiry. Companies may utilize them either for inner staff or outside clients. This can be done in the form of an accessible information base. This Q&A platform holds all inquiries and answers that are given to improve the existing products or to explore unique demands. Developer tea, may likewise utilize certain Q&A platform contributions as the base for carving first- in-class technology. It must be noted that Q&A platforms are normally incorporated by big league members and their network. These Q&A platforms empower the clients to examine issues. 

This has pushed the mainstream adoption of the Q&A platform market in recent years. With the ongoing pandemic, the ‘new normal’ of working remotely – it has uplifted the Q&A market. Since the inception of the decade, the Q&A market is becoming more user-friendly to align with the latest market trends. The enterprises are utilizing the feedback collected from these platforms to boost their businesses. Also, these Q&A platforms are increasingly becoming a way of promoting the products and services by a number of business associations. 

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The market is further divided into on-premises and cloud-based platforms, making it more convenient for different types of users. As per the Verified Market Research experts, the Global Q&A platform Market was valued at USD 2,805.33 thousand in 2019. With the ongoing demand, it is projected to reach USD 5,200.18 thousand by 2027. This can be considered as a grow rate (CAGR) of 8.17 % from 2020 to 2027. Get the report – Q&A Platforms Market Report (By Size, By Type (On-premises, and Cloud-based), By Application (Individuals and Enterprises), By Geographic Scope And Forecast.

Top 5 Q&A platforms leading in the market

Stack Overflow

Stack Overflow is headquartered in New York, United States. It was created in the year 2008 by its creators Jeff Atwood and Joel Spolsky. Prashanth Chandrasekar is the CEO of Stack overflow.

Features: Unlimited private questions and answers, Intuitive archiving feature, Member profiles, Seamless Integration into the workflow and more.

Stack Overflow is the biggest, most confided online Q&A platform for developers’ teams to learn, share their insight, and fabricate their vocations. It has emerged as the most sophisticated yet easy-to-use platform that helps to tackle coding issues and growing new abilities.

Answerbase

Answerbase has its headquarters in Carrer de Sants, Barcelona, Spain. Answerbase was established in 2007. David Givoni is one of the founders and the CEO of the company.

Features: Moderation, User group management, Actionable content insights, Collaboration notes, Answer drafting and Private question management.

Answerbase permits every business with a Q&A platform on their site in only a few minutes. This was started with the idea of empowering organizations by encouraging the creation and conveyance of significant substance requested by their intended interest group. Answerbase’s Q&A stage empowers the guests on the website to post their inquiries, and find important solutions.

Obie

Obie is headquartered in the San Francisco Bay Area, Silicon Valley, West Coast. The company was founded in 2017 by Alexander Sopinka, Chris Buttenham and Ravinda Seunath. Chris Buttenham is also the CEO of the company.

Features: Knowledge Base, Searchable Articles, Integrations and Intelligent Search

Obie has emerged as the most advanced Q&A platform that uses Artificial Intelligence for exchanging information. This boosts the growth of the organization as a whole and changes the way internal support is done.  

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AnswerHub

AnswerHub is the software developed by the company Devada which has its headquarters in Research Triangle, NC, United States. DZone Inc. that comes under Devada as well launched AnswerHub in 2011.

Features: Developer API, Real Time Analytics, Import & Export Data, Interaction Tracking and more.

AnswerHub is the global platform where the digital collaborators gather to share information and feedback for enhancing the existing technology. Engineers sit at the center point of advancement in tech and tech-empowered organizations. AnswerHub offers basic arrangements that drive information sharing and cultivating online coordinated networks for learning and development. The world-class DZone.com Q&A platform is a fundamental asset for engineers far and wide. It is gaining traction with every business quarter (with a base of 29 million interesting clients).

Quandora

Quandora has its headquarters in the Greater New York Area, East Coast, Northeastern US. Quandora was established in the year 2012. And the founders of the company are Andreea Barroca and Bogdan Stefanescu. Andreea Barroca is also the CEO of the company.

Features: Easy on boarding, intuitive, Provides SSO, integrations with popular Enterprise tools, Powerful search and discovery, self maintaining through crowdsourcing and gamification and more.

Quandora’s Q&A platform was planned out of the years of experience of the experts at Quandora. It was found by the experts that the important information gets lost all through the work measures. Thus, Quandora was created. It increases the productivity, sales efficiency, and customer support quality of the clients. This knowledge-driven Q&A platform is one of the platforms where data can be shared and picked up. 

Expectations from the Q&A platforms

It is very well said that ‘information is for all’. Every business runs on the idea of generating unique ways to meet the new demands of the market or to improve the existing offerings. This way, the Q&A platforms are going to be very fruitful for overcoming the hurdles by getting insights from the community itself. As this action can only be achieved with the help of the Q&A platforms, it has opened new doors for new players into the Q&A market. It is clear from the ballooning graph of the Q&A market that it will change the way of information exchange in the offing. 

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