Quid Inc. Explained

Quid Inc.
Type:Private
Successor:NetBase Quid
Foundation: [1]
Area Served:San Francisco
New York City
London
Key People:Bob Goodson (CEO)
Location City:San Francisco, U.S.
Num Employees:125

Quid, Inc. is a private software and services company, specializing in text-based data analysis. Quid software can read millions of documents (e.g. news articles, blog posts, company profiles, and patents) and offers insight by organizing that content visually.[2]

Quid clients have historically included technology companies and research teams who use Quid market landscapes to analyze investment trends, gain competitive intelligence, and map innovation.[3] It has since expanded its customer base[4] to serve large corporations in healthcare, consulting, finance, industrials, consumer goods, advertising/marketing, as well as government organizations.

In 2013, Quid was named by Fast Company as one of the World's Top 10 Most Innovative companies in Big Data.[5] In 2016, World Economic Forum presented Quid with their Technology Pioneers award[6] and IDC (International Data Corporation) named Quid a Top Innovator for the 2016 U.S. Financial Compliance and Risk Analytics Market.[7]

The company is based in San Francisco with offices in New York City and London.[8]

Quid, Inc. merged with the social analytics company NetBase on January 28, 2020.[9]

Customers

The media has cited a handful of notable Quid clients including the Boston Consulting Group,[10] the Department of Defense,[11] the UN Global Pulse[12] +,[13] various political campaigns,[14] [15] and the Knight Foundation.[16]

Applications

The Press

Quid is often used by publications for its data analysis and visualizations. For example, Fast Company leveraged Quid to pick its annual Most Innovative Companies list.[17]

Other examples include Fortune analyzing VC funding trends,[18] The Atlantic reporting coincidences collected by a University of Cambridge professor,[19] VentureBeat analyzing the media's backlash of Uber,[20] Wired diving into the language used at Presidential party conventions,[21] and more from outlets such as The Economist,[22] The New York Times,[23] Forbes,[24] and the San Francisco Chronicle.[25]

Criticism

In 2010, TechCrunch asked: “Does Quid have the most pretentious website of any startup ever?”[26] The jab followed a debate on Quora discussing the website's use of Latin, arcane typefaces, and an overly academic tone. The company has since updated its website.

External links

Notes and References

  1. News: Sep 14, 2010 . Quid Emerges From YouNoodle, Delves Into Data on Private Firms . . 2016-01-01.
  2. Web site: The Future of Search . Tip of the Spear . 2016-02-23.
  3. Web site: Can an Algorithm Spot the Next Google? . . 2014-04-11.
  4. Web site: Quid Raises $39M More to Visualize Complex Ideas . . 2015-03-19 . 2016-09-12.
  5. Web site: 2013 Most Innovative Companies . . 2016-11-07.
  6. Web site: Introducing the Technology Pioneers 2016 . . 2016-11-05.
  7. Web site: IDC Innovators for the 2016 U.S. Financial Compliance and Risk Analytics Market . . 2016-05-18 . 2016-11-05.
  8. News: Quid Expands - will Open New Office in London . 2016-06-20 . 2016-11-05.
  9. Web site: NetBase and Quid are Merging!. 2020-01-28. NetBase. en-US. 2020-02-06.
  10. News: The Quiet Start-Up Inking Million-Dollar Deals . . 2015-03-16 . 2016-11-06.
  11. News: The Pentagon Reboots Its Silicon Valley Outpost . . 2016-06-08 . 2016-11-06.
  12. News: News Media Analysis of SDG Summit Through New Partnership with Quid . . 2015-10-02 . 2016-11-06.
  13. News: Online Data and Child Marriage . . 2016-06-01 . 2016-11-06.
  14. News: How big data analysts are counting on your vote . .
  15. News: Meet Quid, The Silicon Valley Big Data Analytics Startup That Hopes To Shake Up The 2016 Presidential Race . . 2015-07-21 . 2016-11-03.
  16. News: A Fascinating Look Inside Those 1.1 Million Open-Internet Comments . . 2014-08-12 . 2016-11-03.
  17. Web site: How Fast Company Picked 2016's Most Innovative Companies . . 2016-02-16 . 2016-11-05.
  18. News: Where $64.5B in VC funding went last year . . 2015-07-02 . 2016-11-05.
  19. News: The Most Common Kinds of Coincidences . . 2016-05-06 . 2016-11-05.
  20. News: Uber's black week: Media focused too much on threat to journalists . . 2014-11-22 . 2016-11-05.
  21. News: Science didn't make a great showing at either party's convention . . 2016-07-29 . 2016-11-05.
  22. News: Million-dollar babies . . 2016-04-02 . 2016-11-05.
  23. Web site: The promise of Artificial Intelligence unfolds in small steps . . 2016-02-28 . 2016-11-05.
  24. Web site: Artificial Intelligence paves the way for ambient intelligence . . 2015-05-14 . 2016-11-05.
  25. Web site: What happens when you analyze Beard Award nominees' menus? . . 2016-05-03 . 2016-11-05.
  26. Web site: Does Quid Have The Most Pretentious Website of Any Startup Ever? . . 2010-09-17 . 2016-11-08.