Early Life and Education
Scott Smith, born in [Please verify if there is a specific birth location and add if possible], embarked on his entrepreneurial journey. He pursued higher education at [Please verify if there is a specific university and degree information and add if possible].
Rise to Success
Scott Smith's career is mainly defined by his co-founding of Qualtrics in 2002 with his two sons, Ryan and Jared. Qualtrics, a cloud computing company, quickly rose to prominence. In January 2019, the company was acquired by SAP for $8 billion. Scott Smith's stake in the company at the time of the sale was approximately 14%.
Key Business Strategies
Qualtrics' success was a result of innovative cloud computing solutions and a strategic approach to business. The company focused on providing comprehensive cloud services to meet diverse customer needs. The second sale of Qualtrics in March 2023, to Silver Lake and CPP Investments at a $12.5 billion valuation, further underscores the success of its strategies.
Philanthropy
Scott Smith is an active supporter of philanthropic causes, particularly the Huntsman Cancer Center, UVU, and BYU. His philanthropic efforts demonstrate a commitment to giving back to the community.