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Ipsos

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For other uses, see Ipsos (disambiguation).

Ipsos SA
Company typeSociété anonyme
Industry
Founded1975; 49 years ago (1975)
FounderDidier Truchot
Headquarters
Paris
,
France[1]
Area served
Worldwide
Key people
Didier Truchot Chairman
Ben Page CEO
RevenueIncrease €2.15 billion (2021)[2]
Increase €277 million (2021)[2]
Increase €184 million (2021)[2]
Total assetsIncrease €2.74 billion (2021)[2]
Total equityIncrease €1.33 billion (2021)[2]
Websitewww.ipsos.com

Ipsos Group S.A. (French pronunciation: [ip.sos];[3] derived from the Latin expression, ipso facto[4]) is a multinational market research and consulting firm with headquarters in Paris, France. The company was founded in 1975 by Didier Truchot, Chairman of the company, and has been publicly traded on the Paris Stock Exchange since 1 July 1999.

Since 1990, the Group has created or acquired numerous companies. In October 2011, Ipsos acquired Synovate, resulting in an Ipsos organization that ranks as the world’s third largest research agency. As of 2023, Ipsos has offices in 89 countries, employing 19,500 people.[1][5]

History

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First years in France

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Ipsos was founded in 1975 by Didier Truchot, who had experience working in the IFOP institute.

Truchot centered in offering services to the advertising and media companies and developed methods to measure the success of their campaigns, something new in France. The first of these methods was the Baromètre d'Affichage (BAF) in 1977, an instrument to analyse the effectiveness of billboard advertisements. It was followed by an instrument specific for media and, in 1979, the France des Cadres Actifs (FCA), which was used to determine reading habits of French executives.

Despite the success, the company's profitability remained at modest levels until the arrival of Jean-Marc Lech as co-chairman. From then on, it started to perform public opinion researches, another innovative activity in the French market. By the end of the '80s, it was the fifth largest media research company in France. The great activity of French policymakers at the time helped to strengthen the position of the company, especially the public opinion research sector.[6]

European expansion

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During the 1990s, Ipsos expanded, principally through acquisitions, to Spain, Italy, Germany, the United Kingdom and Central Europe, especially Hungary.

In 1992, the company was opened to private investment to improve its purchasing capital. The first new shareholder was Baring Private Equity. Truchot and Lech, the major shareholders, retained two-thirds of the company.[6]

Global expansion

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In the mid-'90s Ipsos was one of the most important research companies in Europe and decided to expand globally. Ipsos took on new investment partners, selling 40 percent of the company to Artemis Group, led by François Pinault, and the Amstar investment fund led by Walter Butler.

In 1997, Ipsos entered into the South American market with the acquisition of Novaction’s companies in Argentina, Brazil and Mexico. In 1998 it entered the North American market with the purchase of the American company ASI Market Research.

In 1999, Ipsos was listed on the Paris stock exchange. The successful offering enabled Artemis and Amstar to cash out on their investments and also gave Ipsos the possibility to continue its expansion. Then, it participated of the creation of an Internet audience research joint-venture, MMXI Europe, with the majority of shares held by partner Media Matrix and 20 percent by Ipsos. The company also took control of four subsidiaries of NFO Worldwide specializing in the formation of access panels. The expansion continued in Asia, South America and especially in North America (with the purchase of the Canadian company Angus Reid, renamed Ipsos-Reid in 2000).

In 2009, Ipsos partnered with Thomson Reuters to conduct multi-country polling on consumer topics, politics, and economic confidence. The results of the polls would be published on Reuters.[7]

In 2011, Ipsos acquired Aegis Group Plc's Synovate division.[8]

On 30 October 2018 Ipsos announced that it acquired Synthesio, a Social Intelligence Suite that was named the leading global Social Listening platform by Forrester Research since 2014.[9]

Ben Page became Chief Executive in November 2021, replacing Didier Truchot, the founder, who remained as Chairman.[10]

In February 2023, it was announced Ipsos had acquired the New York-based business-to-business research company, Xperiti for an undisclosed amount.[11]

Ipsos Australia

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Ipsos Australia has existed since at least 2000, and as of 2022 has offices in Melbourne, Sydney, Brisbane and Perth.[12] It runs opinion polls on a number of issues,[13] such as community support for changing the date of Australia Day,[14] moving away from coal, Australia becoming a republic, the effects of the COVID-19 pandemic on young people's mental health, and, until 2019, political preferences.[15]

The results of Ipsos polls in Australia are published in The Sydney Morning Herald (SMH), The Age and the Australian Financial Review (AFR).[16][17] However, following a shock result of the 2019 Australian federal election, when the Coalition won the election against all of the opinion polls' predictions, the Nine Entertainment group, which owns the SMH, Age and AFR, decided to discontinue its relationship with Ipsos.[18] Since then and as of 2022 the newspapers have not reported any political polling, but continue to report the results of other Ipsos polls.[15]

KnowledgePanel

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Ipsos polls in the United States are conducted through a probability-based online panel known as KnowledgePanel, which contains about 60,000 members as potential respondents. It relies on address-based sampling to recruit respondents, with its sampling frame provided by the United States Postal Service's Delivery Sequence File. A random sample of households is invited to join the panel through mail or telephone. Polls themselves are conducted online in a single-mode fashion, with Ipsos providing respondents access to the internet if needed. Demographic information about each respondent is collected initially, which is then used to deliver polls through a custom sampling method depending on the poll's target population. Sampling is conducted on the entire panel for general population polls, and stratified samples are utilized for narrower focuses. Respondents are incentivized for the surveys they complete.[19][20][21]

Survey results are weighted for demographic variables with the U.S. Census's Current Population Survey and American Community Survey.[22]

Financial performance

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Ipsos revenues totaled €1,785.3 million in 2015, with an organic growth rate of −1%. In 2014, Ipsos derived 44% of its revenue from the EMEA region (Europe, the Middle East and Africa), 39% from the Americas region, and 17% from the Asia-Pacific region.[23]

Top 10 of the Market Research Sector 2019

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Rank Company Revenues in 2018
(million USD)
1 Nielsen Company 6,515
2 IQVIA 3,904
3 Gartner 3,516
4 Kantar Group 3,449
5 Ipsos 2,067
6 GfK 1,616
7 IRI 1,200
8 Dynata 509
9 Westat 506
10 Intage 489

Source: ESOMAR Global Market Research Report 2019[24]

Subsidiaries

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  • Ipsos MORI
  • Ipsos Reid
  • Ipsos Strategy3
  • Ipsos Alfacom
  • Ipsos Apoyo
  • Ipsos Archway
  • Ipsos ASI
  • Ipsos Bimsa
  • Ipsos Connect
  • Ipsos Healthcare[25]
  • Ipsos Insight
  • Ipsos Interactive Services
  • Ipsos Loyalty
  • Ipsos Marketing[25]
  • Ipsos Markinor (Ipsos South Africa)[26]
  • Ipsos MRBI
  • Ipsos Novaction
  • Ipsos Observer
  • Ipsos Public Affairs
  • Ipsos RDA[27]
  • Ipsos UU
  • Ipsos Vantis
  • Livra.com
  • Karian and Box[28]

Polling accuracy

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During the 2021–2022 United States election cycle, in the last 21 days before each election, Ipsos polls only correctly predicted winners 17% of the time, according to a FiveThirtyEight analysis of elections for state governor, U.S. Senate, and House of Representatives.[29]

References

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  1. ^ a b "Company Description: Ipsos SA". businessweek.com. BusinessWeek. Archived from the original on 23 October 2012. Retrieved 27 September 2012.
  2. ^ a b c d e "Press Release : Ipsos in 2021 : A successful model" (PDF). Ipsos.com. Retrieved 13 October 2022.
  3. ^ "Sondage Ipsos Radio France : l'incroyable immobilité". franceculture.fr. 28 February 2012. Retrieved 19 June 2019.
  4. ^ Truchot, Didier. "A New Way for Ipsos" (PDF). Retrieved 22 August 2024.
  5. ^ Honomichl Global Top 25 "Archived copy" (PDF). Archived from the original (PDF) on 3 December 2013. Retrieved 3 December 2013.{{cite web}}: CS1 maint: archived copy as title (link)
  6. ^ a b International Directory of Company Histories. Vol. 48. St. James Press. September 2002. ISBN 155862466X.
  7. ^ "Thomson Reuters Announces Ipsos as International Polling Media Agency of Record". Ipsos. 19 March 2009.
  8. ^ "Ipsos SA Announces Completion of Acquisition of Aegis Group Plc's Synovate". reuters.com. Reuters. 12 October 2011. Archived from the original on 21 June 2013. Retrieved 26 September 2012.
  9. ^ "Synthesio, now an Ipsos company!". Synthesio. Retrieved 31 October 2018.
  10. ^ "Ben Page named Ipsos chief executive officer | News". Research Live. Retrieved 14 February 2023.
  11. ^ "Ipsos buys B2B research startup Xperiti | News". Research Live. Retrieved 14 February 2023.
  12. ^ "Contact us". Ipsos. Retrieved 12 February 2022.
  13. ^ "News & Polls". Ipsos. Retrieved 12 February 2022.
  14. ^ "Contact us". Ipsos. 24 January 2021. Retrieved 12 February 2022.
  15. ^ a b Singhal, Pallavi; Topsfield, Jewel (5 February 2021). "Topic - Ipsos poll". The Sydney Morning Herald. Retrieved 12 February 2022.
  16. ^ Goot, Murray (15 May 2019). "Who controls opinion polling in Australia, what else we need to know about the polls, and why it matters". Inside Story. Archived from the original on 11 February 2022. Retrieved 11 February 2022.
  17. ^ Morgan, Gary; Levine, Michele (11 April 2019). "For the Record: Ownership of Australian Public Opinion Polling and Market Research Companies". Roy Morgan Research. Archived from the original on 11 February 2022. Retrieved 11 February 2022.
  18. ^ Wahlquist, Calla (23 May 2019). "Sydney Morning Herald and Age to stop running Ipsos poll after surprise election result". the Guardian. Retrieved 12 February 2022.
  19. ^ "KnowledgePanel". Ipsos. Retrieved 9 November 2024.
  20. ^ "2024 polls were accurate but still underestimated Trump". FiveThirtyEight. 8 November 2024.
  21. ^ "KnowledgePanel A Methodological Overview" (PDF). Ipsos. Retrieved 9 November 2024.
  22. ^ "KnowledgePanel Sampling and Weighting Methodolog" (PDF). Ipsos. Retrieved 9 November 2024.
  23. ^ Ipsos Annual Results Presentation 2011 "Archived copy" (PDF). Archived from the original (PDF) on 12 May 2012. Retrieved 21 April 2012.{{cite web}}: CS1 maint: archived copy as title (link)
  24. ^ Palacio, Xabier (10 September 2019). "ESOMAR's latest Global Market Research report values global research and data industry market at US $80 billion | Research World". Researchworld.com.
  25. ^ a b [1] [permanent dead link‍]
  26. ^ "Ipsos is global". Ipsos Markinor. Archived from the original on 4 May 2014. Retrieved 4 May 2014.
  27. ^ Group, RDA. "Home". Rdagroup.com. Archived from the original on 21 March 2018. Retrieved 25 April 2018. {{cite web}}: |last= has generic name (help)
  28. ^ "Ipsos acquires Karian and Box, An expert in employee relationship management" (PDF). Ipsos.com. Retrieved 25 January 2022.
  29. ^ Nathaniel Rakich (10 March 2023). "The Polls Were Historically Accurate in 2022". FiveThirtyEight.
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