SAP and Qualtrics announced they have entered into a definitive agreement under which SAP SE intends to acquire Qualtrics, the global pioneer of the experience management (XM) software category that enables organizations to thrive in today’s experience economy.
Under the terms of the agreement, SAP will acquire all outstanding shares of Qualtrics for US$8 billion in cash. SAP has secured financing in the amount of €7 billion to cover purchase price and acquisition-related costs. The purchase price includes unvested employee incentive compensation and cash on the balance sheet at close. Subject to customary closing conditions and attainment of regulatory [...]
SurveyMonkey launched a new People Powered Data platform that enables businesses to turn voices and opinions into actionable data. The company also announced a suite of global, targeted products that deliver customer, employee, and market powered data: SurveyMonkey CX, SurveyMonkey Engage, and SurveyMonkey Audience.
“Successful businesses are driven by curious leaders who are listening to the market and meeting the needs of their customers and employees. Our new People Powered Data platform unlocks the ‘why’ so companies can be responsive and take action,” said Zander Lurie, SurveyMonkey’s CEO. “The companies that are curious about what their customers, employees, and the [...]
Qualtrics, the online market research software company, has raised USD 180 million in a round led by Insight Venture Partners and Accel, with participation from Sequoia Capital. Its valuation now stands at USD 2.5 billion.
More than 8,500 enterprises worldwide, including two-thirds of the Fortune 100 and 99 of the top 100 business schools, rely on Qualtrics technology. Its customers include Microsoft, Pfizer, P&G, Ferrari, HSBC and Hilton. Global enterprises, academic institutions and government agencies use Qualtrics to collect, analyze, and act on voice of the customer, customer satisfaction, employee engagement, 360 degree reviews, brand, market, product concept and [...]
IBM announced it is providing businesses with more self-service analytics options that allow for advanced statistical capabilities for faster decision making. IBM SPSS Statistics Subscription gives businesses the power of SPSS Statistics’ predictive analytics capabilities with a flexible subscription payment option, including an easier buying, managing and licensing experience.
With the introduction of SPSS Statistics Subscription (SPSS Statistics), organizations, groups and individual users are now able to leverage predictive analytics capabilities to deliver the maximum amount of value to the end user. The simplicity of SPSS Statistics resonates throughout the customer [...]