11.10.2018 Views

Utah Valley: Heart of Utah

A full-color photography book showcasing Utah Valley, paired with the histories of companies, institutions, and organizations that have made the region great.

A full-color photography book showcasing Utah Valley, paired with the histories of companies, institutions, and organizations that have made the region great.

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

QUALTRICS<br />

✧<br />

Top: Tucked away in the mouth <strong>of</strong> Provo<br />

Canyon, Qualtrics’ 100,000 square foot<br />

Provo <strong>of</strong>fice space is one <strong>of</strong> the most<br />

beautiful in the entire state.<br />

Above: Started as a family operation in a<br />

basement, Qualtrics has become the leading<br />

insights platform.<br />

UTAH VALLEY: HEART<br />

256<br />

More than a dozen years ago, Brigham<br />

Young University marketing research pr<strong>of</strong>essor<br />

Scott M. Smith wanted to create an online<br />

analytics research and data collection tool<br />

sophisticated enough for a PhD, but simple<br />

enough for an intern.<br />

He launched Qualtrics as a father-son<br />

business in the basement <strong>of</strong> his Provo home<br />

in 2002 with his sons, Ryan and Jared, and<br />

Ryan’s college friend, Stuart Orgill.<br />

Smith believed that he and his small team<br />

could create user-friendly, online research<br />

s<strong>of</strong>tware to meet the insight needs <strong>of</strong> small<br />

and large businesses—and that is exactly<br />

what they did.<br />

Pr<strong>of</strong>itable since its first year, Qualtrics has<br />

become a billion dollar enterprise with an<br />

international pr<strong>of</strong>ile boosted by such publications<br />

as Forbes and the Wall Street Journal.<br />

Such success is no accident. Smith understood<br />

from his marketing expertise that<br />

<strong>of</strong> UTAH<br />

businesses want to know what their customers<br />

are thinking to help them implement<br />

effective business decisions. While the<br />

insights were important in 2002 when<br />

Qualtrics launched, they became even more<br />

essential after the economic downturn in<br />

2008 convinced companies <strong>of</strong> the importance<br />

<strong>of</strong> making data-driven business decisions.<br />

“We spent the first five years running<br />

the company out <strong>of</strong> the Smiths’ basement,”<br />

says Stuart Orgill, Qualtrics co-founder. “If<br />

we needed to transfer a call, we just knocked<br />

on the wall next to us and handed over the<br />

phone. It might sound humorous, but our<br />

basement operation was doing business with<br />

major clients such as Ameriprise and Royal<br />

Caribbean. We were generating more than a<br />

million dollars <strong>of</strong> business each year,” Orgill<br />

continues. “It even got to the point where<br />

the neighbors were getting annoyed. Just<br />

imagine twenty cars pulling up to the front<br />

<strong>of</strong> your home each morning—it looked like<br />

a wedding reception was taking place.”<br />

Not surprising, given Smith’s marketing<br />

research background, Qualtrics began as a<br />

research solution for academics. For its first<br />

three years, the company worked solely in<br />

academia, assisting pr<strong>of</strong>essors and students<br />

working on sophisticated research problems.<br />

Learning to support students’ rigorous thesis<br />

and doctoral positions ultimately helped<br />

Qualtrics’ employees sharpen their s<strong>of</strong>tware<br />

development skills.<br />

With academia as a niche, every major<br />

university in the United States and more than<br />

1,600 colleges and universities worldwide<br />

now use Qualtrics s<strong>of</strong>tware. Additionally,<br />

Qualtrics soon realized a major benefit <strong>of</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!