Quid Inc.

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]

This article is about the company. For the currency, see Pound Sterling. For other uses, see Quid (disambiguation).
Quid Inc.
TypePrivate
SuccessorNetBase Quid
Founded2010 (2010) [1]
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 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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