Great one-stop-shop intel platform
July 14, 2022

Great one-stop-shop intel platform

Tamara Tjitrowirjo | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with AlphaSense

I use AlphaSense for business intelligence, this includes looking at the market (e.g. size, key players, trends), and competitors (e.g. revenue, strategy, product launches, clinical studies, patents). The financial analyst reports have been very useful to get a high-level overview of our competitors. And then the various articles (e.g. press-release or just news articles) and reports (update to clinical trials, patents) give a more granular analysis. I send out a bi-weekly intelligence newsletter to my organization and I use AlphaSense to capture some (not all) of the content. When we have specific projects, I also use AlphaSense to conduct due diligence.

Pros

  • Easy to search, as it uses NLP
  • One stop shop combining the commercial and scientific insights
  • Web-based, I can easily access it anywhere

Cons

  • Newsletter, e.g. Recommended Reads
  • Structuring the sources as AlphaSense has so many and often when we selected only a couple of sources, we get better hits than selecting all sources. But it can be difficult to select the right ones
  • Setting up the searches so that we can continuously monitor through the newsletters. So far this has worked well for companies (using the ticker) but not so much on the topics (to make it as specific as possible and still getting hits)
  • Sharpen competitive intel
  • Efficient pre-due diligence
  • Consolidated insights (commercial and scientific)
The highlighted keywords really helps to navigate in the reports. Moreover, just by having access to the reports is already very useful as often, we would need specific subscriptions to get access to those financial reports.
In my role, working closely with the leadership team and the various ventures in the organization, AlphaSense has been very crucial. It is pretty much my first stop when I need to gather data or check on assumptions.
Much better as AlphaSense offers a lot more information than just the companies and CB Insights is only covering the startups.

Do you think AlphaSense delivers good value for the price?

Yes

Are you happy with AlphaSense's feature set?

Yes

Did AlphaSense live up to sales and marketing promises?

Yes

Did implementation of AlphaSense go as expected?

Yes

Would you buy AlphaSense again?

Yes

Well suited: competitor analysis and market analysis are what I am using now. Less appropriate: looking into sales data in a specific category, as what Euromonitor can offer. In AlphaSense, we will get some intel on the sales data through reports.

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