AlphaSense vs. Hitwise (discontinued)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AlphaSense
Score 9.4 out of 10
N/A
AlphaSense is a market intelligence platform used by companies and financial institutions. Since 2011, their AI-based technology has helped professionals make business decisions by delivering insights from public and private content—including company filings, event transcripts, news, trade journals, and equity research. The platform boasts users among 4,000 enterprise customers. Headquartered in New York City, AlphaSense employs over 1,000 people across offices in the U.S., U.K., Finland, and…N/A
Hitwise (discontinued)
Score 8.0 out of 10
N/A
Hitwise was a competitor comparison intelligence and audience intelligence platform from Connexity in Santa Monica (who acquired Hitwise and its technology in 2015 from Experian), which allowed users to discover characteristics unique to their audience vis-a-vis the customers of a competitor to to fine tune and improve future marketing efforts and outreach to new customers. Hitwise was discontinued in 2020.N/A
Pricing
AlphaSenseHitwise (discontinued)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AlphaSenseHitwise (discontinued)
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
AlphaSenseHitwise (discontinued)
Top Pros

No answers on this topic

Top Cons
Features
AlphaSenseHitwise (discontinued)
Financial Research
Comparison of Financial Research features of Product A and Product B
AlphaSense
7.0
150 Ratings
12% below category average
Hitwise (discontinued)
-
Ratings
Private Company Data5.1122 Ratings00 Ratings
Industry-Specific Information7.6146 Ratings00 Ratings
Independent Research Access7.6140 Ratings00 Ratings
M&A Analysis7.1116 Ratings00 Ratings
Supply Chain Data5.582 Ratings00 Ratings
ESG Data6.180 Ratings00 Ratings
Credit Ratings Reports7.072 Ratings00 Ratings
Macroeconomic News8.1106 Ratings00 Ratings
Search Tools9.1140 Ratings00 Ratings
Best Alternatives
AlphaSenseHitwise (discontinued)
Small Businesses

No answers on this topic

Lead411
Lead411
Score 9.1 out of 10
Medium-sized Companies
S&P Capital IQ
S&P Capital IQ
Score 7.9 out of 10
Lead411
Lead411
Score 9.1 out of 10
Enterprises
S&P Capital IQ
S&P Capital IQ
Score 7.9 out of 10
D&B Hoovers
D&B Hoovers
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AlphaSenseHitwise (discontinued)
Likelihood to Recommend
9.5
(220 ratings)
7.0
(1 ratings)
Likelihood to Renew
8.4
(18 ratings)
-
(0 ratings)
Usability
9.0
(216 ratings)
-
(0 ratings)
Availability
8.6
(19 ratings)
-
(0 ratings)
Performance
7.5
(19 ratings)
-
(0 ratings)
Support Rating
8.3
(14 ratings)
-
(0 ratings)
In-Person Training
9.1
(1 ratings)
-
(0 ratings)
Online Training
8.3
(7 ratings)
-
(0 ratings)
Implementation Rating
9.0
(5 ratings)
-
(0 ratings)
Configurability
7.9
(5 ratings)
-
(0 ratings)
Contract Terms and Pricing Model
6.9
(3 ratings)
-
(0 ratings)
Ease of integration
8.2
(1 ratings)
-
(0 ratings)
Product Scalability
7.8
(19 ratings)
-
(0 ratings)
Professional Services
8.2
(2 ratings)
-
(0 ratings)
Vendor post-sale
8.2
(4 ratings)
-
(0 ratings)
Vendor pre-sale
9.0
(4 ratings)
-
(0 ratings)
User Testimonials
AlphaSenseHitwise (discontinued)
Likelihood to Recommend
AlphaSense
AlphaSense is the best overall Ml/CI solution I've ever used. The tool has far surpassed the capabilities I used in the past (tools like Nexis and Factiva) and offers unique content and better usability. I have found some gaps that require incremental subscriptions to complementary tools (HG Insights, Crunchbase, Crayon, etc.). Still, I believe these capabilities could be added through acquisition or further product development.
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Discontinued Products
Hitwise is best suited for looking at overall traffic behavior or a site or industry. It will help you quickly identify the where and the what when it comes to consumer behavior (i.e. what are they doing before they visit your site, where are they going after). It tells you a lot about who they are and what sparks the initial trigger. Where it isn't super appropriate is when you need to look at a specific term like "are eggs healthy" and you can't identify where that specific term falls in the overall "egg" searches.
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Pros
AlphaSense
  • Key market trends- I input a topic name and get information related to the topic.
  • Competitor filings- Alphasense is able to get all the regulatory documents quickly.
  • Earnings calls- Alphasense now provides transcripts, which is incredibly helpful when I can't attend the earnings call live.
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Discontinued Products
  • Up/down stream traffic
  • Search term identification
  • Geographic location
  • Specific site data for small scale websites
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Cons
AlphaSense
  • The whole platform should be much faster with less lag.
  • The layout of the document search isn't great. Often, I find it hard to expand sources or dates.
  • Financials sections should be customisible, i.e. bolden certain ratios, remove others etc.
  • "Error loading documents, please refresh the widget" should be seen fewer times than often.
  • Why can't I export events dates to my Outlook calendar?
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Discontinued Products
  • Sometimes the insights seem a little bit basic
  • Reporting function is hard to deal with sometimes
  • Access to sales/purchase data
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Likelihood to Renew
AlphaSense
AlphaSense is a very useful tool and is reasonably priced for our organization. While I may not be a hyper-active user, it's a great resource when I need to quickly do a competitive landscape survey, review publicly available documents (transcripts, etc.), or review Wall Street research
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Discontinued Products
No answers on this topic
Usability
AlphaSense
Alphasense is very user-friendly, and the team also does a great job of getting users set up before they are officially left to explore the platform on their own. While I have the added advantage of coming from a background that uses many of the same techniques to search for data, the prompts available and AI incorporated provide the needed direction to identify the information you are looking for without the experience I speak of.
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Discontinued Products
No answers on this topic
Reliability and Availability
AlphaSense
The availability of Alphasense is great. I have used the software for multiple years and cannot remember ever having an outage issue. This is surprising actually, as I use other software applications that do not have regular outages, but still have outages periodically. Alphasense, on the other hand, never seems to have any outages. Good sign if I can't remember the software not working :).
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Discontinued Products
No answers on this topic
Performance
AlphaSense
Loading or performing searches on AlphaSense platform is reasonably fast for most of the time. However, it is sometimes unacceptably long for me to load PDF files (earnings presentation, supplementary financial report) on AlphaSense. Certain features might also take very long time, such as loading for "similar tables" across EDGAR filings, or downloading tables from EDGAR filings
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Discontinued Products
No answers on this topic
Support Rating
AlphaSense
Customer support is very prompt. I get personalized support for search recommendations and content that I could not find in my own search. Support checks in with me on a bi-monthly basis to keep me informed of the many different feature additions, I cannot find a more kind, understanding, and supportive team.
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Discontinued Products
No answers on this topic
In-Person Training
AlphaSense
The person was prepared, attentive, understood the nature of my questions, was willing to work through any difficulties or misunderstandings, was patient, and super pleasant to work with. Great customer service.
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Discontinued Products
No answers on this topic
Online Training
AlphaSense
Trainers address the basics, and such training was meant for new users. Instructions are really helpful by providing scenarios that our team will face in our daily tasks. It will be more thoughtful if the training is conducted by case studies so as to allow new users to get first-hand experience during the training.
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Discontinued Products
No answers on this topic
Implementation Rating
AlphaSense
use friendly UI made the transition seamless
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Discontinued Products
No answers on this topic
Alternatives Considered
AlphaSense
Nothing else had the platform capabilities nor the level of access to information that AlphaSense does. Everything else I tried had one area or type of information it aggregated, but none of them were able to integrate information the way AlphaSense does, and most of them didn't really enable access to news, so I had to supplement my work with RSS feeds and dozens of open browser tabs. AlphaSense collapsed all of that effort into one search in one window.
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Discontinued Products
Selected Hitwise because it is much better for insights on small-scale websites
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Contract Terms and Pricing Model
AlphaSense
flexible billing
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Discontinued Products
No answers on this topic
Scalability
AlphaSense
The sharing features provides by AlphaSense mean that it can be readily scaled for teams within an organization and, subject to compliance requirements, with client organizations. The ability to share annotations of transcripts and investor releases is valuable, and facilitates collaboration between analysts.
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Discontinued Products
No answers on this topic
Professional Services
AlphaSense
Very professional and knowledgeable team. Easy to work with and communicates in a way that's helpful for users who aren't experts on the platform
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Discontinued Products
No answers on this topic
Return on Investment
AlphaSense
  • AlphaSense has allowed us to generate deeper competitive insights. For example, we conducted an in depth analysis of the aerial data analytics (drone) industry, and AlphSense helped us narrow in on the market leaders and their various strengths / weaknesses.
  • AlphaSense has improved our team's overall efficiency. With Stream in particular, we are able to pinpoint insights in a matter of minutes through the transcript feature as opposed to having to conduct a series of calls ourselves. This is a significant time saver.
  • AlphaSense has allowed us to make more informed decisions on our public holdings by providing us with unfettered access to equity research analyst reports.
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Discontinued Products
  • Media planning
  • SEO
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ScreenShots

AlphaSense Screenshots

Screenshot of AlphaSense's AI search, available across 2,000+ premium business data sources including SEC filings, earnings calls, broker research, business journals, and news. It can be used to stay ahead of market-moving trends and instantly surface critical information buried within millions of documents.Screenshot of a single view of the industries, companies and themes within a fully-customizable dashboard, that can be tailored to fit any research process.Screenshot of a purpose-built generative AI that offers insights from a premium content universe.