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Where is Qualtrics located?
Qualtrics is an American experience management company, with co-headquarters in Seattle, Washington and Provo, Utah in the United States. The company was founded in 2002 by Scott M. Smith, Ryan Smith, Jared Smith, and Stuart Orgill. Qualtrics offers a cloud-based subscription software platform for experience management, ...
When did SAP acquire Qualtrics?
SAP secured €7 billion in financing. At the time it was announced, the Qualtrics acquisition was SAP's second-biggest purchase ever, behind the $8.3 billion acquisition of travel and expense management firm Concur in 2014. The acquisition was formally closed January 23, 2019.
What is Qualtrics experience management?
Experience management is the practice of designing and improving products, services, and experiences for businesses and other organizations. Qualtrics customers include BMW, Microsoft, Under Armour, Chobani, JetBlue, and Yamaha.
How much did Qualtrics make in 2016?
Qualtrics reported revenue of $190.6 million in 2016 and $289.9 million in 2017 representing year over year growth of 52%. In 2016, Qualtrics reported an overall net loss of $12 million with free cash flow of $3.4 million. In 2017, Qualtrics reported a $2.6 million net profit with free cash flow of $21.3 million.
When will Qualtrics go public?
On July 26, 2020, SAP announced its intent to take Qualtrics public, and on January 28, 2021, Qualtrics began trading on the Nasdaq. On January 11, 2021 technical trade media noted that Brad Anderson, a high level executive of Microsoft, was leaving for Qualtrics.
Is Qualtrics a leader?
In 2020, Qualtrics earned a ‘Leader’ designation in Gartner’s Magic Quadrant for Voice of Customer, a ‘leader’ designation in Forrester’s Employee Experience for Enterprise wave, and the top ranking in G2’s Experience Management category. In 2016, Qualtrics was ranked #12 on the Forbes Cloud 100 list, moving to #6 in 2017. In March 2020, Qualtrics' CoreXM platform was named a 2020 gold winner by the Edison Awards in the Applied Technology category.
Who bought Qualtrics?
On November 11, 2018, it was announced that Qualtrics would be acquired by SAP for US$8 billion. The acquisition was completed on January 23, 2019.
