| Company | Quid |
| Address | 733 Front Street C1A San Francisco, CA, 94111 USA |
| Founders | Sean Gourley & Bob Goodson |
| Founded | 2010 |
| Funding | $ 10 million |
| Employees | 40 |
| Website | www.Quid.com/ |
| Rating | 8 bits |
Looking to understand whats happening in the world and where trends are heading? Than Quid is the big data startup to look for. Using trillions of different data points they combine information from among others research papers, patent applications, Twitter posts, press releases, funding information or news articles to deliver visualizations that show whats happening in different technology sectors. These vizualizations can be used as multidimensional industry maps to find the organisations that can help you with your business.
Quid uses techniques like Natural Language Processing and semantic-clustering analysis to reveal which sectors contain a lot of competitors on the same topic as well as show potential business opportunities. The maps also show references and links between different companies across different industries. This can help organisations find new partners or markets as well as understand what the competition is doing. This is not only interesting for existing companies, but also for investors who want to find that early-stage technology that will be the next Google.
Companies that want to move into a new direction can use the tool to understand who is already present in the new area. Or Quid can help organisations find new technologies to better serve their customers. They have already worked for a variety of global organisations, including Samsun, BBVA or Intel and even the United States army that use Quid to take strategic decisions during war.
The objective of Quid is to make the complex world understandable with insights from comprehensive global real-time data. It was founded in 2010 by Bob Goodson and Sean Gourley and they call Quid augmented intelligence. Since then they have raised $ 10 million in funding from across the globe.
Quid is a very powerful visualization tool that gives organisations the ability to make sense of the vast amounts of public data today available. It was named one of the worlds most innovative companies in 2013. Within a few years they aim to create a user-friendly, affordable version that can also be used by smaller organisations or even individuals. We therefore give them an 8 bits rating.
