Leading Industry Analyst Firm Names QuestBack as Niche Player in 2012 Social CRM Magic Quadrant

OSLO, Norway, October 5, 2012 /PRNewswire/ --

QuestBack, a global leader in enterprise feedback management (EFM) and social customer relationship management (CRM), today announced it has been positioned by Gartner, Inc. as a Niche player in the 2012 Magic Quadrant for Social CRM, 2012.^[1]

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According to the Gartner Magic Quadrant report published on September 27, 2012 and authored by Adam Sarner and Ed Thompson: "Social CRM works only if users voluntarily participate in communities, and they will do so only if they receive benefits. At the same time, the enterprise needs to realize measurable benefits; otherwise, it makes no sense to expend resources on social CRM. For the enterprise, social CRM applications increase profitability or another measure of value by building trust, gaining customer insight, differentiating products or services and increasing sales."

Gartner evaluates vendors based on completeness of vision and the ability to execute on that vision, and have raised the bar for inclusion in this year's report.

"We are delighted to be recognized by Gartner for our work in Social CRM," says QuestBack CEO Ivar Kroghrud. "Our quest is to create the winners of the experience economy. Social channels - along with local and mobile - are of increasing importance to our clients, and provide an amazing opportunity to build lasting, mutually-beneficial relationships between brands and consumers."

About QuestBack

QuestBack is a global leader in enterprise feedback management, customer experience management, Social CRM, and market research solutions. The company's SaaS-based feedback and dialogue solutions enable organisations to gain actionable insights and build stronger relationships with customers and employees. More than 4,000 global customers - including Volvo, Ernst & Young, Coca-Cola, Microsoft and Bosch - rely on QuestBack to increase customer and employee satisfaction through real-time feedback. Founded in 2000, QuestBack is headquartered in Oslo, Norway and privately held with 19 offices worldwide. For more visit: http://www1.questback.com/questback.html.

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The Magic Quadrant by Gartner, Inc.

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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1. Gartner, Inc. "Gartner Magic Quadrant for Social CRM, 2012," Adam Sarner et al., 27th September, 2012

Contact Details:

Kim Karelis
LEWIS PR
Phone: +1-617-226-8840
Email: [email protected]

SOURCE QuestBack AS