One of the fastest-growing tech companies in the world, Qualtrics, is to establish its European headquarters in Dublin with 50 new jobs, rising to 150 jobs within 36 months.
CEO Ryan Smith co-founded Qualtrics in 2002. Today, the company works with top brands across every major industry.
In 2012, Qualtrics received a US$70m investment from Accel Partners and Sequoia Capital, the largest ever joint investment undertaken by the two firms.
The company experienced triple-digit growth in 2012 and more than doubled its workforce to 350 employees in the past year.
In 2013, Qualtrics appeared on the Forbes list of ‘America’s Most Promising Companies’ and Smith was named one of ‘America’s Most Promising CEOs under 35’.
“Being right matters,” said Smith. “This is especially true in today’s increasingly data-driven global economy. In fact, companies fail if they don’t have access to true customer, market and employee insights.
“Qualtrics is the leader in the enterprise survey space, with our customers sending out over a billion surveys in 2012 to gain the insight needed to make fast and accurate decisions.
“For this reason, we’re seeing tremendous demand for our technology in EMEA, and Ireland provides us with the perfect entry point to Europe, and from which to expand internationally. Dublin offers significant opportunity in terms of the available talent and resources needed to grow our business. Additionally, through our relationship with IDA Ireland, within a matter of weeks, we were able to very quickly move from initial discussions to full-scale operational implementation,” Smith said.
Ireland’s Taoiseach Enda Kenny, TD, said the investment is another jewel in Ireland’s technological crown.
“The decision of this dynamic and rapidly growing company to establish operations in Ireland is another vote of confidence in the country’s strengths as a location for investment and jobs – our people, our pro-business environment and our proximity to European markets,” Kenny said.
IDA Ireland chief executive Barry O’Leary said Qualtrics’ arrival in Ireland happens at a time when analytics and big data are becoming a hallmark of the nature of companies opting for Ireland.
“Analysing information and presenting data in a way that gives businesses insight into their customers’ needs can be the key differentiator to a company’s success,” O’Leary said.
“Qualtrics joins a cluster of high-growth companies driving their international business from Ireland. Qualtrics setting up its European headquarters in Ireland is a key strategic win for Ireland,” O’Leary added.
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