Item: AlphaSense
Rating: 10
Author: Matthew Coblentz

Overall Satisfaction with AlphaSense

Use Cases and Deployment Scope

AlphaSense is used by several departments in our company. Our competitive intelligence team uses it to access sell-side analyst reports about our competition and transcripts of conversations and meetings with analysts and other broker-dealers. We also greatly value the expert interviews that provide a perspective on products, comparisons, and even sales methodologies. That's very valuable.

I have recommended AlphaSense to my colleagues and former colleagues who have go on to other companies. It's a vital part of the competitive intelligence toolkit, if your competitors are public. There is still value even if the majority are not public, as AlphaSense provides some information if a company is in private equity. It's more difficult with the startups, so investigate the offerings.

We love it.

Pros and Cons

Pros

Rapid access to relevant broker information and analyses
Ability to tailor dashboards to see new information on a topic or company
AI augmentation of the analyses and content available means rapid search results of relevant information

Cons

Manual search is still king for finding that one thing, but the search may require boolean logic.
Exporting clips of reports can be a bit onerous
Configuring dashboards is not intuitive. However, help from the account team makes it easy.

Return on Investment

Deeper competitive insights
Productivity improvements
Broader content access

Usability

The search capabilities of AlphaSense are quite impressive. As a former Search Product Manager, I see where the boolean capabilities of AlphaSense's search allow me to control the scope, proximity, and keywords of the search. The addition of AI to the search keywords facilitates my booleans - frankly I don't have to use a boolean for additional keywords. That's quite helpful. The addition of AI (still in beta) to the search is helping those who don't want to get into the weeds.

AlphaSense Market Intelligence

Dashboards provide near real-time data for us and that allows us to stay on top of competitive developments and announcements.

Key Insights

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

Other Software Used

Klue

Likelihood to Recommend

Because many of our competitors are public companies, there is a lot of information published among analysts and brokers. Accessing this information in a single portal is facilitated by AlphaSense's dashboarding capabilities, where our team can configure result sets and search to appropriately fetch results for each competitor. Some competitors have a single product with lots of options; others choose to have a portfolio of products. If we had to search all of these reports individually, it would take a significant amount of time. AlphaSense makes it easy. And leveraging their AI is rapidly proving to be another time saver.

For us, it's well worth the price.

AlphaSense Feature Ratings

Comments

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Must Have for competitive intelligence teams