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AlphaSense vs IBM SPSS Statistics comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

AlphaSense
Ranking in AI Research
7th
Average Rating
9.0
Number of Reviews
4
Ranking in other categories
Marketing Intelligence (5th)
IBM SPSS Statistics
Ranking in AI Research
2nd
Average Rating
8.2
Reviews Sentiment
6.4
Number of Reviews
40
Ranking in other categories
Data Mining (2nd), Data Science Platforms (10th), AI Data Analysis (12th)
 

Mindshare comparison

As of March 2026, in the AI Research category, the mindshare of AlphaSense is 2.3%. The mindshare of IBM SPSS Statistics is 1.5%. It is calculated based on PeerSpot user engagement data.
AI Research Mindshare Distribution
ProductMindshare (%)
IBM SPSS Statistics1.5%
AlphaSense2.3%
Other96.2%
AI Research
 

Featured Reviews

Fabio Mureira - PeerSpot reviewer
Digital Marketing Manager at Unilever Inc.
Timely insights have supported faster data-driven executive decisions with AI-powered summaries
The best features AlphaSense offers are timely earnings transcripts, a streamlined interface, and an embedded AI tool. The embedded AI tool and the streamlined interface help me in my daily work because a streamlined interface makes it very easy to use for any person, while the embedded AI tool is quite functional in giving additional information and summaries that contain critical information that the human eye might easily miss. AlphaSense has positively impacted my organization by improving efficiency in gathering the latest information, which has resulted in improved data-driven decisions, with AI-empowered summaries providing added confidence from information from multiple sources. Faster decision-making has improved from 50 to 65 percent since using AlphaSense. AlphaSense is also a good research tool with the AI capabilities.
EzzAbdelfattah - PeerSpot reviewer
Associate Professor Of Statistics at a university with 10,001+ employees
Advanced predictive analytics have supported my research and student projects across many methods
The only function I may need to be added or hope to be added to IBM SPSS Statistics is how to treat unstructured data. This mainly exists with IBM SPSS Modeler, but I do not think it is able to treat something like videos and similar content unless you are using languages like Python inside IBM SPSS Modeler or inside IBM SPSS Statistics. For the menu itself, for the selection, it does not exist. Thinking of the future, I believe that the owners of IBM SPSS Statistics should think about improving the package itself to be able to treat unstructured data.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"Since we started using this tool, we've seen great improvement, as we've been able to find and speed up research on companies that we want to follow, and it helps provide strong insights into earnings calls that I wouldn't have time to gain on my own."
"Our comps analysis and gathering of detailed financial information is now seamless and can be completed in less than one hour, compared to one to two days before AlphaSense."
"AlphaSense has positively impacted my organization by improving efficiency in gathering the latest information, which has resulted in improved data-driven decisions, with AI-empowered summaries providing added confidence from information from multiple sources."
"AlphaSense has positively impacted my organization as this tool really has been great because it has saved us a lot of time and cost."
"One feature I found very valuable was the analysis of variance (ANOVA)."
"Capability analysis is one of the main and valuable functions. We also do some hypothesis testing in Minitab and summary stats. These are the functions that we find very useful."
"The solution has numerous valuable features. We particularly like custom tabs. It's very useful. We end up analyzing a lot of software data, so features related to custom tabs are really helpful."
"Some of the most valuable features that we are using with some business models are machine learning algorithms, statistical models given to us by the business, and getting data from the database or text files."
"It is perfectly adequate if all you need are the results and not the trail of evidence."
"The best part is that they have an algorithm handbook, so you can open it up and understand how it works, and if it is useful, this is very important."
"The most valuable features are the small learning curve and its ability to hold a lot of data."
"The most valuable feature of IBM SPSS Statistics is all the functionality it provides."
 

Cons

"AlphaSense could be improved, as the AI agent could answer more detailed questions and provide better data."
"IBM SPSS Statistics is mostly working with structured data. However, if you are having unstructured data, IBM SPSS Statistics is not able up to now to work with it."
"Most of the package will give you the fixed value, or the p-value, without an explanation as to whether it is significant or not."
"The technical support is not very useful. You can find help on the internet but if you really have a problem then it can take a while before you get a solution."
"Each algorithm could be more adaptable to some industry-specific areas, or, in some cases, adapted for maintenance."
"Technical support needs some improvement, as they do not respond as quickly as we would like."
"This solution is not scalable."
"The product should provide more ways to import data and export results that are user-friendly for high-level executives."
"Perhaps in terms of visualization, it's not really easy to do some data visualization, just simple, descriptive analysis in SPSS."
 

Pricing and Cost Advice

Information not available
"It's quite expensive, but they do a special deal for universities."
"The pricing of the modeler is high and can reduce the utility of the product for those who can not afford to adopt it."
"More affordable training for new staff members."
"While the pricing of the product may be higher, the accompanying service and features justify the investment."
"I rate the tool's pricing a five out of ten."
"We think that IBM SPSS is expensive for this function."
"SPSS is an expensive piece of software because it's incredibly complex and has been refined over decades, but I would say it's fairly priced."
"The price of this solution is a little bit high, which was a problem for my company."
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Top Industries

By visitors reading reviews
No data available
Financial Services Firm
18%
Manufacturing Company
8%
Computer Software Company
8%
University
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business9
Midsize Enterprise6
Large Enterprise20
 

Questions from the Community

What needs improvement with AlphaSense?
I have been using AlphaSense for a few months now, so it is hard to tell or criticize. So far, I cannot find any issues.
What is your primary use case for AlphaSense?
My main use case for AlphaSense is competitor analysis. For competitor analysis, I look for competitor interviews where they could have said something that could reveal important information.
What advice do you have for others considering AlphaSense?
I would advise others looking into using AlphaSense that it is definitely a tool to look into. I would rate this product a 10 out of 10.
What is your experience regarding pricing and costs for IBM SPSS Statistics?
I think the price of the solution is very reasonable. The cost depends; you have the option for subscription or you can purchase the license. Most of our customers are paying every year for a type ...
What needs improvement with IBM SPSS Statistics?
The only function I may need to be added or hope to be added to IBM SPSS Statistics is how to treat unstructured data. This mainly exists with IBM SPSS Modeler, but I do not think it is able to tre...
What is your primary use case for IBM SPSS Statistics?
I do use IBM SPSS Statistics, and even my students are using it for their projects and reports while working on PhD or Master's degrees. They are analyzing data using it. In comparison with other s...
 

Also Known As

No data available
SPSS Statistics
 

Overview

 

Sample Customers

Information Not Available
LDB Group, RightShip, Tennessee Highway Patrol, Capgemini Consulting, TEAC Corporation, Ironside, nViso SA, Razorsight, Si.mobil, University Hospitals of Leicester, CROOZ Inc., GFS Fundraising Solutions, Nedbank Ltd., IDS-TILDA