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On November 11, 2018, SAP announced its agreement to acquire Qualtrics, a provider of customer and employee experience measurement, for $8 billion in cash. Qualtrics was set to IPO this week at a valuation of $5 billion with plans to raise $500 million. The company turned its first profit of $2.6 million in 2017 on revenue of just under $290 million. Qualtrics anticipated surpassing $400 million in revenue this year. Its key customer sectors include B2B technology, auto, travel and hospitality, financial services, government, media, airlines, and retail.
Analyst Blog
SAP is back on the acquisition trail with the acquisition of 16-year-old Qualtrics, the Provo, Utah, based survey vendor. But surveys are such a 20th century category, so survey vendors are becoming experience vendors – measuring – customer, product, employee and more experiences in the form of surveys.
Analyst Blog
Innovating for Social Good—From Lean Impact to Entrepreneurial Resilience | DisrupTV Ep. 128
In this compelling episode of DisrupTV, hosts R “Ray” Wang and Vala Afshar are joined by Nick Symmonds (Olympian and CEO of Run Gum), Ann Mei Chang (author of Lean Impact: How to Innovate for Radically Greater Social Good), and Heather Clancy (Editorial Director at GreenBiz Group).
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