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J.D. Power

From Wikipedia, the free encyclopedia
(Redirected fromJ.D. Power and Associates)
American market research company

J.D. Power
FormerlyJ.D. Power and Associates
Company typePrivate
IndustryMarket research
Founded1968; 57 years ago (1968), in Los Angeles, California
FounderJ. D. Power III
Headquarters,
United States
Key people
Joshua Peirez (president andCEO)
OwnerThoma Bravo
Number of employees
833
Websitejdpower.com

J.D. Power is an American data analytics, software, and consumer intelligence company founded in 1968. The company specializes in the use of big data, artificial intelligence, and algorithmic models examining consumer behavior.[1][2][3][4] The firm's business model has evolved to emphasize data and analytics and software products. Industry benchmarking studies are used to evaluate detailed consumer interactions and trends across the automotive, financial services, healthcare, home, insurance, technology, media and telecom, travel and hospitality, senior living, and utilities industries.[5][6][7][8][9]

The company was founded in 1968 byJames David Power III. It is headquartered in Troy, Michigan, but has offices elsewhere in the Americas, Europe, and the Pacific. Private equity firmThoma Bravo, LLC announced it was acquiring J.D. Power in July 2019. The company announced a merger with Autodata Solutions, a provider of data and software for the automotive ecosystem, in December 2019.[10] In May 2025, Joshua Peirez was named CEO.[11]

History

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J.D. Power was founded in 1968 byJames David Power III.[12][13]

Power had previously worked in advertising and doing customer research for theFord Motor Company, where he felt customer satisfaction data was too often overlooked. He later joined Marplan, and thenMcCulloch, a chainsaw manufacturer. He left his position at McCulloch and founded J.D. Power and Associates on April 1, 1968, working at first from his kitchen table. The company incorporated on February 7, 1969. The "associates" referred to in the firm's title were his wife, who assisted him with market research, and his children, who helped stuff envelopes.[14][15][16]

J.D. Power began surveying car owners about the various attributes of their vehicles. This enabled the company to gather a significant amount of data on how to improve cars, which it used to assist and guideOEMs and car manufacturers to build better cars.[17] In 1973, the company first drew significant national attention when Julia P. Power discovered a design flaw in theO-rings of certainMazda rotary engines, working from the results of customer surveys. The report was then publicized byThe Wall Street Journal and widely repeated in other outlets. In the following years, J.D. Power and Associates became particularly known for its automotive customer satisfaction rankings, while continuing to work in other areas such as food and computers. The firm created the first Dealer Attitude Study in 1976 and the U.S. Automotive Customer Satisfaction Index in 1981.[14][15]

Subaru paid J.D. Power to mention the results of their ranking in the J.D. Power Awards in 1984 and became the first company to mention their results in a television commercial, which aired duringSuper Bowl XVIII. According to J.D. Power, their rankings have appeared in more than 350,000 television commercial airings and two billion copies of various print advertisements.[16][18] J.D. Power expanded its offerings to sell financial and insurance products through car dealerships in 2017.[19]

In 2002, the company moved its headquarters fromAgoura Hills, California, toWestlake Village inVentura County.[20] In 2005, James David Power was ready to retire and sold the firm toMcGraw Hill Financial and also resigned as chairman. In September 2016, McGraw Hill (renamed S&P Global Inc. in April 2016) sold J.D. Power to XIO Group for US $1.1bn.[21] In March 2018,Dave Habiger was named its president and CEO, succeedingFinbarr O'Neill who completed a ten-year tenure.[22] In May 2025, Joshua Peirez was named CEO, succeeding Habiger.

In 2019, J.D. Power was acquired by Chicago-based private equity firmThoma Bravo and, as part of this acquisition, J.D. Power was merged with Autodata Solutions, a provider of data and software for theautomotive industry.[23] The combined company's headquarters moved toTroy, Michigan, following the merger.[24]

In September 2023, J.D. Power announced the takeover of European market leaderAutovista.[25]

Benchmarking studies

[edit]
A selection of the awards presented to theFord Motor Company by J.D. Power in 2007

J.D. Power conducts nearly 200 benchmarking studies annually, drawn from analysis of consumer behavior and market data, that are fully self-funded and fully independent. The firm conducts industry benchmarking studies of hundreds of leading brands in the following industries: automotive, financial services, healthcare, home, insurance, technology, media and telecom, travel and hospitality, senior living, and utilities.

The firm does not earn money on its product rankings, although using the logo and referring to results in advertising requires paying a licensing fee. Most of the firm's revenue comes from corporations that seek data for internal use.[26]

J.D. Power research is conducted in the local languages of India, Japan, Taiwan, China, Philippines, Indonesia, Singapore, Thailand, Malaysia, Vietnam, Canada, Mexico, Europe, Australia, Germany, UAE and the UK.[27]

The company's longest-running benchmark studies are focused on the automotive industry. The Vehicle Dependability Study (VDS) measures problems experienced after three years of ownership, while the Initial Quality Study (IQS) measures problems experienced within the first 90 days of ownership.[28][29][30][31] Other well-known auto industry studies include the Automotive Performance, Execution and Layout (APEAL) Study, which reflects consumer's attitudes towards a vehicle's attributes as well as dealership service and customer purchasing experience surveys.[32][33][34][35] Similar version of the Vehicle Dependability Study and Initial Quality Studies are performed internationally and usually released with the country's name, followed by the same title, like the China Initial Quality Study.

See also

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References

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  1. ^Silva-Risso, Jorge; Shearing, William; Ionova, Irina; Khavaev, Alexi; Deirdre, Borrego (February 2008)."Chrysler and J. D. Power: Pioneering Scientific Price Customization in the Automobile Industry".Interfaces.38 – via Research Gate.
  2. ^Dubroff, Henry (February 9, 2021)."Dubroff: Today's tech titans owe a debt to Dave Power". RetrievedJanuary 26, 2023.
  3. ^"How J.D. Power drove change in auto research".Fortune. RetrievedJanuary 26, 2023.
  4. ^Pope, Carol."What is J.D. Power?".Bankrate. RetrievedJanuary 26, 2023.
  5. ^Bowman, Cynthia Paez."What is J.D. Power?".Bankrate. RetrievedMay 2, 2022.
  6. ^"U.S. to Change Measure of Car Inflation Using J.D. Power Data".Bloomberg.com. January 18, 2022. RetrievedMay 2, 2022.
  7. ^Martin, Timothy W. (October 30, 2015)."McGraw Hill to Pursue Sale of Consumer-Research Unit J.D. Power".Wall Street Journal.ISSN 0099-9660. RetrievedMay 2, 2022.
  8. ^"Bank of America Receives J.D. Power Certificate".www.pymnts.com. March 4, 2022. RetrievedMay 2, 2022.
  9. ^"USNews.com: From boats to Internet service, J. D. Power lives to rank".US News. March 7, 2004. Archived fromthe original on October 9, 2013. RetrievedApril 5, 2007.
  10. ^"Thoma Bravo finalizes J.D. Power acquisition".Crain's Chicago Business. December 16, 2019. RetrievedJanuary 26, 2023.
  11. ^"Troy-based J.D. Power names new CEO".Crain's Detroit Business. May 19, 2025. RetrievedJune 9, 2025.
  12. ^Elfland, Mike."Consumer research giant J.D. Power III, Holy Cross grad and one-time Worcester paperboy, dies at 89".The Worcester Telegram & Gazette. RetrievedMay 2, 2022.
  13. ^"J.D. Power Center for Liberal Arts in the World".College of the Holy Cross. RetrievedMay 2, 2022.
  14. ^abAl Lewis (December 18, 2013)."How J.D. Power made companies listen to the customer".Market Watch. RetrievedApril 10, 2013.
  15. ^abTaryn Luna (January 12, 2014)."Seven Things You Need to Know about James David Power".Boston Globe. RetrievedApril 10, 2018.
  16. ^abRoger Schlueter (April 1, 2017)."This is how J.D. Power became a big deal". RetrievedApril 10, 2018.
  17. ^"YouTube - Bernardo Rodriguez Chief Digital and Technology Officer of J.D. Power: "A Digital Twin for a Trillion Dollar Industry: JD Power + Palantir"".YouTube. RetrievedMarch 13, 2023.
  18. ^Eric Schilling (December 6, 2017)."Everything You Ever Wanted To Know About The JD Power Awards".Jalopnik. RetrievedApril 10, 2018.
  19. ^"Dave Habiger, J.D. Power's new CEO, is tech expert and car guy".Automotive News. March 21, 2018. RetrievedDecember 16, 2019.
  20. ^"J.D. Power Moving to New Headquarters".Los Angeles Times. April 11, 2002. RetrievedApril 10, 2018.
  21. ^Clark, Simon (January 31, 2018)."How J.D. Power Was Acquired by a Chinese Company Shrouded in Mystery".Wall Street Journal. RetrievedMay 2, 2022.
  22. ^"New CEO Says His Job Is to Help J.D. Power Grow Faster".Bloomberg.com. March 21, 2018. RetrievedSeptember 9, 2020.
  23. ^"Thoma Bravo finalizes J.D. Power acquisition".Crain's Chicago Business. December 16, 2019. RetrievedApril 27, 2022.
  24. ^"J.D. Power to merge with Autodata; Thoma Bravo deal closes".Auto Remarketing. December 16, 2019. RetrievedApril 27, 2022.
  25. ^"J.D. Power Expands Automotive Data and Analytics Portfolio in Europe and Australia with Acquisition of Autovista Group".www.businesswire.com. September 12, 2023. RetrievedSeptember 14, 2023.
  26. ^"From boats to Internet service, J. D. Power lives to rank -U.S. News & World Report". October 9, 2013. Archived fromthe original on October 9, 2013. RetrievedSeptember 6, 2022.
  27. ^About J.D. Power | J.D. Power
  28. ^Luna, Taryn (January 12, 2014)."Seven things you need to know about James David Power III".BostonGlobe.com. RetrievedSeptember 6, 2022.
  29. ^Hirsch, Jerry (February 10, 2022)."J.D. Power Finds Infotainment Trips Up Vehicle Dependability".Forbes Wheels. RetrievedSeptember 6, 2022.
  30. ^"Kia Ranks First Out of 32 Automotive Brands in the 2022 J.D. Power Vehicle Dependability Study".www.futurecar.com. RetrievedSeptember 6, 2022.
  31. ^"J.D. Power vehicle quality sinks to new low".Automotive News. June 27, 2022. RetrievedSeptember 6, 2022.
  32. ^Krok, Andrew."Gas Prices Spur Dissatisfaction in 2022 J.D. Power APEAL Study".CNET. RetrievedSeptember 6, 2022.
  33. ^Rich, Maeve (July 27, 2022)."Porsche Dominates Premium Car Brands in J.D. Power's 2022 APEAL Study".MotorBiscuit. RetrievedSeptember 6, 2022.
  34. ^Hyatt, Kyle."Lexus, Mini Lead 2022 J.D. Power Customer Service Index Study".CNET. RetrievedSeptember 6, 2022.
  35. ^Hirsch, Jerry (January 7, 2021)."J.D. Power Study Finds More Consumers Looking at Digital Car Buying".Forbes Wheels. RetrievedSeptember 6, 2022.

External links

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