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Thoughtexchange

Thoughtexchange

Overview

What is Thoughtexchange?

Thoughtexchange is an all-in-one engagement and survey platform designed to empower leaders in various professions and industries to gather insights and make data-driven decisions. It is suitable for organizations of all sizes, including small businesses, mid-sized companies, and large enterprises, as...

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Recent Reviews

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Thoughtexchange has helped organizations solve various business problems related to employee engagement, community feedback, and strategic …
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Pricing

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What is Thoughtexchange?

Thoughtexchange, a crowd conversation software from the company of the same name headquartered in Rossland, aims to make it easy to ask people what matters and take fast action on the data, no matter the size of an organization.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is Thoughtexchange?

Thoughtexchange is an all-in-one engagement and survey platform designed to empower leaders in various professions and industries to gather insights and make data-driven decisions. It is suitable for organizations of all sizes, including small businesses, mid-sized companies, and large enterprises, as well as public sector organizations. According to the vendor, Thoughtexchange is used by education leaders, enterprise leaders, public sector leaders, government and public sector organizations, healthcare professionals, non-profit organizations, and corporate and business leaders to capture diverse perspectives, facilitate inclusive discussions, and generate actionable insights for effective decision-making.

Key Features

According to the vendor, Thoughtexchange offers the following key features:

Data Capture: Participants can provide both qualitative and quantitative data through surveys and interactive discussions, allowing for a comprehensive understanding of opinions and perspectives.

Two-Way Dialogue: The platform facilitates interactive two-way dialogues between participants, enabling them to respond to and build upon each other's thoughts, fostering collaboration and deeper insights.

Anonymity and Privacy: Thoughtexchange ensures anonymity for participants, encouraging honest and open sharing of thoughts and ideas, while also prioritizing privacy and data protection.

Rating and Ranking: Participants can rate and rank each other's ideas, providing a structured approach to identify the most valuable and popular insights within the community.

AI-Powered Analysis: The platform utilizes artificial intelligence algorithms to analyze the gathered data, identifying patterns, themes, and trends, and generating actionable insights for decision-making.

Inclusive Discussions: Thoughtexchange creates a space for inclusive discussions, allowing participants from diverse backgrounds and perspectives to contribute their thoughts and be heard, fostering a sense of belonging and inclusivity.

Community Engagement: The platform enables leaders to engage with communities, whether internal or external, to gather input and perspectives, ensuring decisions are well-informed and aligned with the needs and expectations of the community.

Actionable Insights: Thoughtexchange provides leaders with actionable insights derived from the data analysis, empowering them to make informed decisions and drive positive change within their organizations.

Decision Support: The platform serves as a decision support tool, offering a structured and systematic approach to gather and analyze data, helping leaders make evidence-based decisions with confidence.

Real-Time Reporting: Thoughtexchange generates real-time reports and visualizations of the gathered data, allowing leaders to track progress, monitor trends, and communicate findings effectively.

Thoughtexchange Video

Meet ThoughtExchange, the Enterprise Discussion Management platform modern leaders use to quickly gain unbiased, critical insights to improve decision making. Visit thoughtexchange.com today to find out more. How ThoughtExchange Works: https://thoughtexchange.com/how-it-wo...
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Thoughtexchange Competitors

Thoughtexchange Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Thoughtexchange has helped organizations solve various business problems related to employee engagement, community feedback, and strategic planning. The platform has been used as a survey tool that goes beyond yes or no or checkbox surveys, allowing for open dialogue, establishing trends, and providing analytics and presentation tools that help organizations get the most out of the data they receive. This has enabled users to obtain constructive feedback that they can then use to improve employee engagement faster.

In addition, Thoughtexchange has provided a great outlet for impartial feedback that can be used to make improvements related to software process improvement, leadership challenges, and remote workforce understanding during the pandemic. The platform has also helped organizations anticipate questions before they become significant problems, build trust among team members, and understand what is essential to their community. It has allowed users to gain a deeper understanding of what really matters to their target audiences and what others think of the thoughts shared. Overall, Thoughtexchange provides a valuable solution for those looking to gather feedback from employees and community members in an open and transparent way.

Innovative and Easy to Use: Users have found the software to be innovative and easy to use, with a simple and intuitive interface. They appreciate the ability to ask open-ended questions and receive live responses, which allows them to obtain valuable feedback. Valued Support and Tutorials: The support and tutorials provided by the software are highly valued by users, as it helps them get started and navigate the platform effectively. This assistance has been beneficial for users in utilizing all features of the software. Informative Analytics: The software's analytics are highly informative, providing a wealth of information that is helpful in making decisions. Users highlight the value of the star rating system, which not only provides insights into what people are thinking but also indicates how they feel about the thoughts of others. Some users have mentioned that this feature has allowed them to gain a deeper understanding of stakeholder opinions. Overall Positive Recommendation: Overall, users highly recommend the software, praising its ability to empower individuals, gather valuable data, and facilitate effective decision-making. Many reviewers express their intention to continue using the software for various purposes due to its ease of use and comprehensive information obtained from running an exchange.

Repetitive Questions: Some users have found that the questions in the platform repeat, which can be time-consuming. This has been mentioned by multiple reviewers and can be a source of frustration when using the tool.

Limited AI Theming Effectiveness: Several users prefer manual theming over AI theming, as they feel that the AI does not effectively group and categorize thoughts for easy analysis. This sentiment has been expressed by a number of customers who find it more efficient to manually categorize responses.

Lack of iPhone App: One user mentioned that they would love to be able to use the iPhone app again, indicating that the lack of this feature is a downside for them. While only one user explicitly mentioned this con, it showcases a limitation for those who rely on mobile access for convenience.

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