AlphaSense does the tedious research work so you can focus on higher-level trend analysis
July 13, 2023

AlphaSense does the tedious research work so you can focus on higher-level trend analysis

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with AlphaSense

Business problems and scope:
  • Market intelligence: what are our competitors doing?
  • Investor relations: how are we performing relative to peer companies and segments?

We use AlphaSense to:
  • Track our competitors
  • Easily comb through publicly traded companies' earnings calls and investor presentations for topics, trends, and sentiment
  • Benchmark our company's performance to our peers
  • Find small bits of information about competitors, customers, and prospects, including their appearance in the news and in analyst briefs
  • Detect trends and big-picture market problems by industry
  • Serving as a one-stop-shop for financial filings, earnings calls, investor presentations, etc.
  • Auto-summarization of earnings calls
  • Fuzzy matching on search terms (e.g., searching on "R&D" captures all sorts of items related to product development and innovation)
  • Apples-to-apples comparisons between publicly traded companies' metrics
  • Email alert digests (e.g., weekly round-up of M&A activity in our segment)
  • Private company data
  • Collaboration with colleagues who don't have an AlphaSense seat
  • Auto-identifying (and then editing) the peer set of companies that any given company is benchmarked against
  • Deeper competitive insights: understanding what competitors are (and aren't) talking about in their earnings calls
  • Influencing messaging our investor relations uses
  • Efficiency gains: turning over tedious research to the computer so we (the humans!) can spend more time thinking analytically
AlphaSense is a highly usable platform with a modern, intuitive UI.

It makes especially good use of search synonyms for more efficient, effective searching. It uses colors and mini-graphics (e.g., sparklines, mini pie graphs) well to quickly communicate findings. Its search results previews give enough context to avoid jumping down irrelevant rabbit holes. Finally, AlphaSense's relevancy rankings (in search results) are good; I trust that the most relevant hits will float to the top.
AlphaSense's news alerts -- for me, competitor M&A activity -- ensure that I'm aware of key activities so I can quickly get started with my own analysis. I can then use the platform to gather the views of analysts for inclusion into my assessment.

The platform's auto-summarization and positive/negative sentiment highlighting makes for much more effective, efficient consumption of earnings call transcripts. This means that we -- and more importantly, the colleagues that we're serving -- are more likely to digest such materials on a timely basis, since doing so becomes much less of a burden.

We expect to soon start using the platform to uncover big market problems that our customers and prospects -- entire industries, really -- are grappling with. That work should help guide the development of our long-term product visions.

Do you think AlphaSense delivers good value for the price?

Not sure

Are you happy with AlphaSense's feature set?

Yes

Did AlphaSense live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of AlphaSense go as expected?

Yes

Would you buy AlphaSense again?

Yes

Well suited:
  • For small, internal teams tracking their own company, their competitors and peers, and the market as a whole
  • Researching and tracking publicly traded companies
  • Covering trends across entire industries

Less appropriate:
  • For collaborating with or pushing materials to large groups of colleagues (i.e., colleagues without licenses)
  • Hosting and distributing your own, internally written competitive enablement content (e.g., sales battlecards)
  • Covering small, private companies

AlphaSense Feature Ratings

Public Company Data
10
Private Company Data
3
Industry and Sector Research
8
Industry-Specific Information
Not Rated
Independent Research Access
9
M&A Analysis
9
ESG Data
3
Macroeconomic News
Not Rated
Search Tools
8