AlphaSense provides strong research that's easy to search for a more productive research team!
July 13, 2023

AlphaSense provides strong research that's easy to search for a more productive research team!

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

Overall Satisfaction with AlphaSense

I use AlphaSense for technology research, competitive insights, and reviewing earnings calls/analyst sentiment. If I have a new technology I want to understand better or want to explore how others are using a specific technology, I use AlphaSense's research and also their customer service to find insightful articles and analyst research. For earnings calls, I use the transcripts and analyst reports as well to understand how the call was received and what topics are important for competitors and alliance partners. I've also used research from AlphaSense to build business cases around new product development and partnership opportunities.

Pros

  • Well-organized research and results makes searching large amounts of data easy to handle! The filters are especially easy to use and go as broad or as specific as you want.
  • AlphaSense's customer service and research assistants are always helpful and quick to respond. If I reach out through live chat, they will work through what I'm trying to find and even follow up after the fact to make sure I got everything I need.
  • AlphaSense's daily news feed is easy to set up and makes keeping up to date easier. I have several different news feeds that are sent straight to my email for me. With constantly evolving technologies and with competitor insights, this is extremely valuable!

Cons

  • AlphaSense has started to integrate AI insights and analyst sentiment (emotion ratings). While these features will be very valuable in the future, they are still in the early stages currently and the results aren't always 100% how I interpret the materials based on my experience.
  • Like any research database, AlphaSense doesn't have access to 100% of research in the world. I've run into some topics/private companies that unfortunately have very little research. The more research they can add, the better, but this is a limitation for all databases.
  • Limited functionality on financial outputs. While you can pull these numbers from different research databases, databases like Capital IQ/Market Intelligence provide these numbers in a much easier to use format.
  • Reduced time to get to deep research insights
  • Deeper competitive insights
  • Broader content sources
  • More informed decisions
AlphaSense's user interface is extremely user friendly. You can make it as complex (choosing specific sources) or as simple as you want and the search function will help you as you go. For instance, it identifies words that could have different variations and brings them into your search as well (unless you state you don't want them). This ensures you get all relevant research, not just an exact match.
AlphaSense makes it easier to find credible sources with reliable data to drive improved insights for competitors, technologies, and wall street analysis. Our team is able to cut down the time by half to find reliable content using AlphaSense for information that leads to better strategic ideation, competitive insights, and deeper technological foundations.
  • S&P Capital IQ
I've used IDC, eMarketer, GlobalData, and Capital IQ. IDC's research is limited and hard to search through. eMarketer's data is unreliable (we've found several inaccurate data points). GlobalData is difficult to search and not as insightful. Capital IQ is better for financial analysis, but difficult to search research articles.

AlphaSense uses reliable sources, simplifies the search experience for research articles, and adds additional insights on top.

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

AlphaSense is an amazing research database in my opinion. The combination of easy to use filters (both for key words and for sources) makes finding the materials I'm looking for easy! As a strategist, this tool is my favorite research tool for analysis. If you are struggling to find what you need, their customer service and research assistants are great to work with and will work with you to find what you need. I've always been impressed by their customer service and their user interface.

On the other side, the financial number access (such as earnings $$ for revenue, OPEX, CAPEX, etc.) aren't as strong here. If you are solely looking for the numbers, not the analysis or research, I would recommend using a different tool like Capital IQ.

AlphaSense Feature Ratings

Financial Research
9.0
Public Company Data
10
Private Company Data
6
Industry and Sector Research
10
Industry-Specific Information
10
Independent Research Access
10
M&A Analysis
6
Supply Chain Data
Not Rated
ESG Data
Not Rated
Credit Ratings Reports
Not Rated
Macroeconomic News
10
Search Tools
10

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