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Qualtrics

Experience management platform using AI to capture, analyze, and act on customer and employee feedback.

Listed Needs re-verification
Customer Feedback $$$ Mid-market Enterprise Financial Services Healthcare Retail Technology

What it does

Qualtrics is the leading experience management (XM) platform - covering customer experience (CX), employee experience (EX), product experience, and brand research in a unified platform. Its AI capabilities include Text iQ that performs sentiment analysis and topic categorization on open-ended survey responses at scale, Predict iQ that forecasts future behavior from survey data, Stats iQ that guides non-statisticians through advanced analysis with natural language explanations, and AI-generated recommendations that suggest actions based on feedback patterns. Qualtrics' defining capability is closing the loop - not just capturing feedback but routing specific feedback to the right team and tracking whether action was taken.

Strengths

  • Mid-market companies use Qualtrics for structured customer and employee listening programs - replacing ad hoc survey tools with a platform that analyzes feedback at scale and routes actionable insights to the right teams.
  • Large enterprises use Qualtrics as the enterprise standard for CX and EX measurement - AI processing millions of feedback responses to surface patterns that would be impossible to analyze manually.
  • Qualtrics is the leading experience management (XM) platform - covering customer experience (CX), employee experience (EX), product experience, and brand research in a unified platform.

Watch-outs

  • Expensive for survey-only needs: Qualtrics' enterprise pricing is hard to justify if the primary need is conducting surveys — Typeform, SurveyMonkey, or Google Forms serve simpler feedback needs at a fraction of the cost.
  • Implementation requires dedicated program ownership: Qualtrics delivers value when teams define clear XM programs, design surveys thoughtfully, and act consistently on results — organizations without dedicated program owners often underutilize the investment.
  • Analytics depth requires training: Stats iQ and advanced analysis features are powerful but require users to invest time in learning — the tools are more accessible than raw statistics but still have a meaningful learning curve.

Pricing

Qualtrics does not publish pricing. CoreXM for research starts around $1,500/year for basic plans. CustomerXM and EmployeeXM enterprise contracts typically start at $15,000 to $50,000+ annually. Enterprise pricing negotiated.