Item: AlphaSense
Rating: 10
Author: Verified User

Use Cases and Deployment Scope

AlphaSense is a valuable tool for conducting secondary research for projects within our SoW. It helps in refining the search query, and its filters help analyzing search results, and extracting key insights more effectively. It narrows down the relevant information and makes it easier to gather. AlphaSense's most useful feature is its ability to extract not just the keyword but all relevant information from large volumes of data across analyst reports and public disclosures.

Pros and Cons

Narrowing down search
Useful analyst reports
Single window availability of all information
Ability to directly extract data into excel format

I would like to see more analyst coverage. For example CITI reports are not part of AlphaSense as of now and those are pretty useful documents for my sector.
Downloadable dashboard for large volumes of data.
Custom research options for specific concerns

Return on Investment

Difficult to quantify the RoI but AlphaSense has definitely helped me cut down hours spent on research by more than 50%.

Usability

AlphaSense is really good, no doubt on it. However, there are still a few scope of improvement based on my experience. Greater coverage of ESG data, analyst reports can be a few areas where the tool can look to expand its horizon. But that doesn't mean it's not doing that already. The coverage is still pretty good but as a user I'll be more delighted to see new analyst coverages coming in too.

AlphaSense Market Intelligence

By providing access to a vast amount of data and insights from credible sources in real-time, AlphaSense enables teams to gather valuable market intelligence. This helps them stay informed about industry trends, competitor activities, and market dynamics, allowing them to make more informed decisions and adjust their plans accordingly. The ability to quickly access and analyze relevant information through AlphaSense has been praised for its positive impact on businesses' competitive awareness and strategic decision-making processes.

Alternatives Considered

Factiva, FORESTER and S&P Capital IQ

AlphaSense has hands down greater coverage of analyst reports. AlphaSense's search and filter capabilities also look superior and more easy to use.

Key Insights

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?

Yes

Did implementation of AlphaSense go as expected?

Yes

Would you buy AlphaSense again?

Yes

Other Software Used

S&P Capital IQ, Factiva, FORESTER

Likelihood to Recommend

AlphaSense is a great tool for conducting market research, analyzing financial data, gathering competitive intelligence, and staying informed in investor relations. It offers a wide range of information, making it easy to track industry trends and competitor activities. However, it may not be the best choice for primary research, niche topics, or real-time news monitoring.

Revolutionary research tool; a must for enhanced productivity

Overall Satisfaction with AlphaSense