Precisely Spectrum Spatial Insights vs. Tracxn

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Precisely Spectrum Spatial Insights
Score 8.0 out of 10
N/A
Spectrum Spatial Insights by Precisely (based on the former GeoInsight by Pitney Bowes) helps users to test strategies, taking into consideration key market and competitive drivers. Detailed forecasts and financial impact assessments can be created for every scenario, to provide an actionable, defensible plan of action. Ultimately, this enables users to know a projected Internal Rate of Return (IRR) before making capital decisions.N/A
Tracxn
Score 8.3 out of 10
N/A
Tracxn is one of the leading private market data platforms which tracks companies across the globe. It scans data to help our customers perform market research on the startup ecosystem, find deals matching their mandate, perform company due diligence, In-depth tracking of funding rounds, company news, and tracking of emerging themes across industries & markets. Tracxn's clientele includes Venture capitalists (VC), Private Equity Funds (PE), Merger & Acquisition (M&A), and Innovation teams…
$550
Pricing
Precisely Spectrum Spatial InsightsTracxn
Editions & Modules
No answers on this topic
Single User
$550
per month
Small Team(For 3 users)
$1,100
per month
Group (for 7 users)
$2,200
per month
Offerings
Pricing Offerings
Precisely Spectrum Spatial InsightsTracxn
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Precisely Spectrum Spatial InsightsTracxn
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Best Alternatives
Precisely Spectrum Spatial InsightsTracxn
Small Businesses
Lead411
Lead411
Score 9.1 out of 10

No answers on this topic

Medium-sized Companies
Lead411
Lead411
Score 9.1 out of 10
Snowflake
Snowflake
Score 9.0 out of 10
Enterprises
D&B Hoovers
D&B Hoovers
Score 8.8 out of 10
Snowflake
Snowflake
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Precisely Spectrum Spatial InsightsTracxn
Likelihood to Recommend
7.0
(1 ratings)
7.9
(2 ratings)
User Testimonials
Precisely Spectrum Spatial InsightsTracxn
Likelihood to Recommend
Precisely
As previously mentioned, as long as the web platform works, the software is quite useful. However in places or areas where the platform operates with low standards (poor reception signal), the versatility and usefulness of the program decreases considerably. This type of problem in developed countries probably does not occur, or if it occurs it does very infrequently. But in non-developed countries, the frequency of occurrence can be a factor to take into consideration when choosing an program based exclusively on a web platform.
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Tracxn Technologies Pvt. Ltd.
Well suited: - Good for scouting targets for clients, based on their industry preferences, maturity level, and investor profile preference - Helped in buy-side due diligence. Less appropriate - Lacking in terms of readily available insights, with sector reports published in-house being extremely shallow and hence not much of value addition.
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Pros
Precisely
  • It allows us to visualize data with extreme ease, through maps and graphs, patterns and tendencies.
  • This visualization allows, in turn, to make decisions more quickly and with a greater amount of information than what a good part of software of the same nature allows.
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Tracxn Technologies Pvt. Ltd.
  • Data management
  • User friendly
  • User centric
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Cons
Precisely
  • Being a web-based platform can, in some cases, be counterproductive, especially in areas where internet and satellite coverage are of low quality or are not available, such as jungle areas.
  • The results obtained, in most cases, need to be interpolated, in order to completely characterize the study area.
  • The interpolation functions are those that are typically used in commercial software used in this area of study, and have the same limitations. When using it I have not found any novelty regarding this.
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Tracxn Technologies Pvt. Ltd.
  • Sector reports could be better e.g. competitors like CB Insights do a better job at it.
  • Pricing is a bit steep, when compared to peers like Dealroom.
  • Credibility of the data is a question mark (CB Insights has way more traction with investors).
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Alternatives Considered
Precisely
In comparing GeoInsight to other products, I will not be of much help since this software is, as far as I know, almost exclusively used in activities related to the financial world, rather than geographical. That is why it is usually included in software of the AML (Anti-Money-Laundering) type. My interest in the program was to see its capacity for data storage and practical utility to facilitate decisions, compared to other software but more linked to geographic information (GIS software).
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Tracxn Technologies Pvt. Ltd.
This beats all of the other programs. I have used all of them and Tracxn makes using the software so much easier. Using it daily I found out that it has an easy learning curve and a user-friendly interface. Data is more organized in this program as well.
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Return on Investment
Precisely
  • The use of the software allowed the minimization of activities associated with logistical support to field staff. That reduced the time associated with these activities by about 15% of the initially estimated time.
  • The aforementioned reduction translated into decreases in expenditures in the order of $ 2000 / day.
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Tracxn Technologies Pvt. Ltd.
  • Positive: Reduced time to source information.
  • Positive: Helped in sharper insights, leading to better outcomes on scouting engagements.
  • Negative: Pricing is on the higher side.
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ScreenShots

Tracxn Screenshots

Screenshot of DashboardScreenshot of TaxonomyScreenshot of CRMScreenshot of ReportsScreenshot of Investment SnapshotScreenshot of Market Map