SAP will remain Qualtrics… Trust your gut, learn to be scrappy, tune out the noise, and play the long game. This is an exciting time to be part of Qualtrics and SAP, and we’re excited to continue building out the XM ecosystem.”. That’s especially hit business units like Concur, another former acquisition that makes travel and business expense software. I caved in February at our annual user conference and jumped on, but I was right -- it’s just one more thing that distracts me. That “XM” refers to experience management, a category of software Qualtrics takes credit for popularizing. Ryan Smith co-founded Qualtrics in 2002 with the goal of making sophisticated research simple. A five billion dollar note from Zimbabwe and a picture of my wife and kids. Most stock quote data provided by BATS. Qualtrics cofounder and CEO Ryan Smith is expected to be Qualtrics’ largest individual shareholder, per the document. Green smoothies, a granola bar, and it’s just a matter of time before I go straight for a Diet Mountain Dew. Neither company disclosed any guidance on the timing of the planned IPO. At a price of about 20x its expected revenue in 2018 of about $400 million, the acquisition was unusually splashy for SAP; the CEO behind the deal, Bill McDermott announced his departure a few months later, insisting it was unrelated to activist investor Elliot Management taking a 1% stake in the company in the interim. Four days before its intended IPO that November, Germany-based SAP plunked down $8 billion in cash, much of it secured through financing, to buy Qualtrics in a deal that formally closed in January 2019. As CEO, he has grown the company from a basement startup to one of the fastest-growing technology companies in the world. In January, he completed the sale of his company to SAP SE for $8 billion, then three weeks later teamed up with pro … Working with customers. I didn’t need one more thing to manage. Wunderlist is great in terms of productivity. It’s been a good year for Qualtrics International Inc.’s Ryan Smith. "We are and will be fully committed to Experience Management and Qualtrics being a key element of our Intelligent Enterprise Strategy,” Klein said. And -- in addition to running Qualitrics -- Smith is busy being dad to his four kids. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Zig Serafin #CustomerExperience #PeopleAnalytics #BrandExperience #ProductExperience #EmployeeExperience Careers at Qualtrics. © Cable News Network. Per consentire a Verizon Media e ai suoi partner di trattare i tuoi dati, seleziona 'Accetto' oppure seleziona 'Gestisci impostazioni' per ulteriori informazioni e per gestire le tue preferenze in merito, tra cui negare ai partner di Verizon Media l'autorizzazione a trattare i tuoi dati personali per i loro legittimi interessi. It helps companies measure the vital signs of their organization, which are customer experience, employee engagement, and their market. I edit the Midas List, Midas List Europe, Cloud 100 list and 30 Under 30 for VC. Qualtrics … At the … Lots of unicorns will die, but having scaled the business through 2007 - 2009, I learned if you’ve built a sound business, you’ll be fine no matter what happens. You can’t give your best if you don’t take care of yourself, so I make it a priority to exercise every day. I held off on Twitter for a long time. In recent earnings reports, SAP had touted Qualtrics’ integration into other units such as its human resources software unit, SuccessFactors. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. New York City. Share to Linkedin Ryan Smith has just sold the company he co-founded with his father and brother to SAP for $8 billion. I don’t sleep very well. We have 8,000 brands all over the world, and it’s amazing to see the things people are doing. My mind is always racing, so if I go to the beach I find I can't relax anymore. All rights reserved. To compound my sleeping struggles, I have four kids under the age of 7, so your guess is as good as mine. Factset: FactSet Research Systems Inc. . I edit the Midas List, Midas List Europe, Cloud 100 list and 30, I'm a senior editor at Forbes covering venture capital, cloud and enterprise software out of New York. The company reported revenue of 161 million Euros, or about $188 million, for Q1 2020; when SAP reports earnings on Monday, analysts and potential investors will get to see the first full year-to-year quarterly results for the business, which said last quarter it had 11,600 customers and was not GAAP profitable. On Tuesdays and Thursdays, I play basketball at 6 a.m. Securely share tips at https://www.forbes.com/tips/, © 2020 Forbes Media LLC. SAP is fully committed to Experience Management and the Qualtrics XM Platform as a key element of its intelligent enterprise strategy. We bootstrapped from the beginning and have been cash flow positive from day one. View Ryan Smith’s profile on LinkedIn, the world's largest professional community. Ryan Smith is co-founder and CEO of Qualtrics, the world’s leading experience management company. Qualtrics. Carmen Krueger Zig Serafin. One of the said exceptions is Ryan Smith, the CEO and co-founder of the unicorn firm Qualtrics. Yahoo snapped up her company for millions, The college senior who's tackling tech's gender gap, She's on a mission to fix our healthcare system, You'll never have to wait for a doctor again.