Conversation analytics platforms enable service departments to extract insights by processing natural language interactions between customers and the organization. Conversation analytics platforms focus on voice and text interactions, whether postcontact or real-time, by telephone, chatbot, virtual assistant, live chat, messaging, and email channels. Extracting insights from natural language customer interactions is crucial for optimizing customer service. Conversation analytics allows customer service leaders to identify opportunities to improve customer and agent experience. It helps track process improvements, customer sentiment and service department compliance with regulatory and quality assurance guidelines; reduces the cost of agent training; and provides agent assistance to improve productivity.