Superb Search Engine!
July 14, 2023

Superb Search Engine!

Andrew Shui-Jezierski | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with AlphaSense

My position as a research analyst involves me analyzing current and upcoming events revolved around new and upcoming drugs in development. The coverage of my scope is extremely broad, often involving company milestones including regulatory events, clinical trial updates and data release. As such, finding a suitable search platform that allows us to narrow and filter specific news releases is invaluable. AlphaSense has been vital in my day-to-day work in this way. I am able to use broad and combination searches, filter date ranges, and select press releases only submitted by the owning companies. For the 3 years I have been using AlphaSense, it has proven to be a thorough and accurate search engine for me, one where I have very rarely had to carry out additional research to find what I am looking for. Making sure our database contains the best information not only makes our product reliable, but also keep customers happy and retention high.

Pros

  • Filter news; Able to narrow down via independent and combination searches, dates and company releases.
  • Highlights keywords in sentences where it is mentioned - saves a lot of time and hassle.
  • Thorough and accurate - very rarely have to carry out additional independent research to find information.
  • Very user friendly and easy to use.
  • Highly supportive team to help guide you on the functions of AlphaSense. The team always checks-in from time to time to see if they can help you and take any feedback for improvement.

Cons

  • I have not needed to use the full scope of AlphaSense so cannot comment on the full platform. I carry out basic, but in-depth research which AlphaSense fulfils fully. The only improvement I would like made is for searches to contain the URL or link to where AlphaSense found the information. At the moment I find the required information on AlphaSense, then have to find the source. This is very straight forward but it will save a few minutes per search which adds up over time.
  • Higher productivity - faster and more thorough searches.
  • Saves a lot of time - can carry out additional projects.
  • Reliable information - better product leading to more satisfied customers.
Very easy to use and user friendly. The website is self explanatory, and even then, the AlphaSense product managers give in-depth tutorials and are constantly checking in to see how they can help and see if the product can be improved in any way. I am able to scan through and filter all related press releases without having to go through individual links like with google and other search engines.
AlphaSense allows our team to keep our database and analysis of new pharmaceutical drugs in development up-to-date. In this sense, we have not used AlphaSense to create or adjust business outcomes, but instead create a highly accurate and reliable product that customers can trust.
I have used a variety of search engines. AlphaSense trumps all by its filtering capabilities and the way searches and displayed. Most search engines will require you to press a link and sends you to a website or link where the keyword is related to. AlphaSense ensures that only the keyword entries are picked up so has a higher chance of the information being displayed. Additionally AlphaSense displays all the information and highlights the text where the keyword is mentioned for each search link pop up on one page.

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?

I wasn't involved with the selection/purchase process

Did implementation of AlphaSense go as expected?

I wasn't involved with the implementation phase

Would you buy AlphaSense again?

Yes

I often have to carry out research on specific pharmaceutical drugs in development. This involves me carrying out basic, but in-depth research. For the most part, I use reliable sources such as press releases and earnings which AlphaSense is great at picking up. For example if I wanted to search for a press release involving 'Drug XYZ' and a supposed 'FDA meeting', I would search 'Drug XYZ' AND 'FDA meeting'. AlphaSense will then pick up all the related information and highlight where the two keywords are mentioned in the text. If I am not happy with the search, I can then filter press releases by companies. Another great thing is that AlphaSense will pick up 'Drug XYZ', and also carry out searches on its other known names. The only times (very rare) I have found information outside of AlphaSense it through pictures, eg. company pipelines, and social media such as facebook.

AlphaSense Feature Ratings

Financial Research
10.0
Public Company Data
10
Private Company Data
10
Industry and Sector Research
10
Industry-Specific Information
10
Independent Research Access
10
M&A Analysis
Not Rated
Supply Chain Data
Not Rated
ESG Data
Not Rated
Credit Ratings Reports
Not Rated
Macroeconomic News
Not Rated
Search Tools
10

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