S cott Smith is an American engineer and serial entrepreneur in the telecommunications sector, best known for his foundational roles in two significant companies: Polycom and Dialpad. A graduate of Brigham Young University, Smith began his career in engineering. In 1990, he co-founded Polycom, a company that would become synonymous with conference call technology. Polycom's iconic triangular speakerphones became a ubiquitous feature in boardrooms and offices around the world, and the company grew into a major player in video and voice collaboration solutions.
After leaving Polycom, Smith embarked on his next major venture. In 2011, he co-founded Dialpad, a cloud-based business communications company built to challenge traditional on-premise phone systems. Dialpad offers a unified platform for voice, video, and messaging, leveraging artificial intelligence to provide features like real-time transcription and sentiment analysis. As a co-founder, Smith's technical expertise has been crucial to developing the company's robust and scalable cloud infrastructure. The success of Dialpad has positioned it as a leading 'unicorn' in the enterprise communications space, marking Smith's second major success in transforming how businesses communicate.
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Scott M. Smith is an American businessman, the self-made billionaire Co-founder and former Executive of Qualtrics International Inc. (NASDAQ: XM), a global leader in Experience Management (XM) software. His career is rooted in academic research, technology, and serial entrepreneurial disruption.
Smith holds a Ph.D. in Marketing and was a Professor of Business at Brigham Young University (BYU). His philosophical approach centers on technological excellence, industry specialization, and long-term commitment to data accessibility (pioneering the concept of Experience Management). He co-founded Qualtrics in 2002 with his son, Ryan Smith (the CEO).
Dr. Scott Smith's strategic genius was his commitment to academic rigor and data science. He co-founded Qualtrics in 2002 (initially focusing on survey software for academics and researchers). His structural contribution is immense: pioneering the specialized vertical SaaS model for Experience Management (XM), demonstrating the power of integrating customer, employee, product, and brand data.
The $8 billion sale to SAP in 2019 secured his initial massive fortune. He stepped down from executive roles (remaining a major shareholder). His wealth is secured by the colossal liquid gains from the SAP acquisition and the long-term appreciation of his stake in the publicly traded company.
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Co-founds Qualtrics International Inc. with his son, Ryan Smith (Founding).
Qualtrics is sold to SAP for $8 billion (Major Exit).
Qualtrics executes its IPO on the NASDAQ (Financial Milestone).
Continues as Co-founder and major shareholder, managing his interests (Executive Oversight).
Scott Smith's wealth is concentrated in the liquid capital generated from the $8 billion sale of Qualtrics to SAP and his retained equity stake in the publicly traded giant, Qualtrics International Inc. (NASDAQ: XM).
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Scott Smith's social impact stems from Qualtrics's role in providing essential R&D and data analysis software that accelerates customer and employee experience improvements for global companies. His personal philanthropy, often channeled through family foundations, supports various educational and community initiatives, including significant contributions to Brigham Young University.
His personal philanthropy supports various community and educational initiatives.
Scott Smith maintains the professional, composed style of a technology executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a pioneer in the specialized software sector.
Residing in Provo, Utah, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to technology innovation, strategic management, and academic endeavors.
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0% | $0.00M
-0.31% | -$12.13M
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