Quid Inc.
TypePrivate
Founded2010 (2010) [1]
SuccessorNetBase Quid
Headquarters
San Francisco, U.S.
Area served
San Francisco
New York City
London
Key people
Bob Goodson (CEO)
Number of employees
125
Websitewww.quid.com

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 (magazine) 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.

References

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