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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
3rd
Average Rating
8.8
Number of Reviews
5
Ranking in other categories
Marketing Intelligence (3rd)
IBM SPSS Statistics
Ranking in AI Research
6th
Average Rating
8.2
Reviews Sentiment
6.3
Number of Reviews
41
Ranking in other categories
Data Mining (2nd), Data Science Platforms (8th), AI Data Analysis (14th)
 

Mindshare comparison

As of July 2026, in the AI Research category, the mindshare of AlphaSense is 1.8%. The mindshare of IBM SPSS Statistics is 1.5%. It is calculated based on PeerSpot user engagement data.
AI Research Mindshare Distribution
ProductMindshare (%)
AlphaSense1.8%
IBM SPSS Statistics1.5%
Other96.7%
AI Research
 

Featured Reviews

Kayde Robert - PeerSpot reviewer
Sales Manager at Unilever
Research management has transformed our earnings work and consistently saves over half our time
AlphaSense handles image and screen captures very well. The imaging screen capture feature helps my team in practice by making research notes more useful. Another valuable feature that AlphaSense offers is AI summaries of earnings reports. AlphaSense has positively impacted my organization by allowing us to publish notes in the system to ensure everyone has the latest thinking from coverage analysis.
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

"AlphaSense has positively impacted my organization by saving time on routine tasks."
"I have noticed improvements in decision-making speed, as it was taking three hours to analyze and manage the data, but thanks to AlphaSense, it is now done within a fraction of minutes."
"A specific outcome that shows how AlphaSense has helped my team is that it has saved our team between 40 to 55 percent of our time."
"AlphaSense has positively impacted my organization, and I have seen a significant time saving in research, about fifty to seventy percent."
"AlphaSense has become a core part of our research workflow, especially for speeding up competitive intelligence and making information gathering much more efficient."
"Extracting historical data from filings has saved me a lot of time since without AlphaSense I would have to open file by file and manually find the data myself."
"You can find a complete algorithm in the solution and use it. You don't need to write your own algorithms for predictive analytics. That's the most valuable feature and the main one we use."
"The most valuable feature of IBM SPSS Statistics is all the functionality it provides. Additionally, it is simple to do the five-way analysis that you can into multidimensional setup space. It's the multidimensional space facility that is most useful."
"The most valuable features are the small learning curve and its ability to hold a lot of data."
"I've found the descriptive statistics and cross-tabs valuable. The very simple correlations and regressions are as well."
"Who needs to spend thousands on a license for halfway decent software when R and Python work for free?"
"Since we are using the software as a statistical tool, I would say the best aspects of it are the regression and segmentation capabilities. That said, I've used it for all sorts of things."
"It is a modeling tool with helpful automation."
"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."
 

Cons

"One area for improvement could be the high compute requirements for larger data sets that need to be improved."
"AlphaSense could improve its dashboard customization and make some advanced filtering options more intuitive for new users."
"I would improve the Excel plugins, which are already present."
"AlphaSense can be improved by having a mechanism to add comments inside my own notes."
"I would rate AlphaSense's customer support as lacking since I have not had any experience."
"AlphaSense could improve by incorporating an Excel API so that I can extract the information more easily directly with an Excel plugin."
"The reports could be better."
"Each algorithm could be more adaptable to some industry-specific areas, or, in some cases, adapted for maintenance."
"SPSS is a tool that's been around since the late 60s, and it's the universal worldwide standard for quantitative social science data analysis. That said, it does seem a bit strange to me that the graphical output functions are so clunky after all these years. The output of charts and graphs that SPSS produces is hideous."
"The solution needs to improve forecasting using time series analysis."
"The product should provide more ways to import data and export results that are user-friendly for high-level executives."
"I think the visualization and charting should be changed and made easier and more effective."
"IBM SPSS Statistics does not keep you close to your data like KNIME."
"IBM SPSS Statistics could be cheaper."
 

Pricing and Cost Advice

Information not available
"The pricing of the modeler is high and can reduce the utility of the product for those who can not afford to adopt it."
"The price of this solution is a little bit high, which was a problem for my company."
"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."
"The price of IBM SPSS Statistics could improve."
"We think that IBM SPSS is expensive for this function."
"It's quite expensive, but they do a special deal for universities."
"Our licence is on a yearly renewal basis. While pricing is not the primary concern in our evaluation, as products are assessed by whether they can meet our user needs and expertise, the cost can be a limiting factor in the number of licences we procure."
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Top Industries

By visitors reading reviews
Manufacturing Company
33%
Outsourcing Company
21%
Financial Services Firm
7%
Computer Software Company
7%
Financial Services Firm
19%
Manufacturing Company
9%
Computer Software Company
8%
University
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business7
Midsize Enterprise1
Large Enterprise37
By reviewers
Company SizeCount
Small Business9
Midsize Enterprise7
Large Enterprise20
 

Questions from the Community

What needs improvement with AlphaSense?
AlphaSense could improve its dashboard customization and make some advanced filtering options more intuitive for new users. Pricing can also be high for smaller teams, so more flexible licensing op...
What is your primary use case for AlphaSense?
My main use case for AlphaSense is market research, competitive intelligence, and quickly searching through earnings calls, filings, and industry reports. A specific example of how I use AlphaSense...
What advice do you have for others considering AlphaSense?
My advice to others looking into using AlphaSense is to take a proof of concept of this particular artificial intelligence engine, as I am confident that the work on daily routine tasks will be min...
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
Find out what your peers are saying about AlphaSense vs. IBM SPSS Statistics and other solutions. Updated: June 2026.
902,894 professionals have used our research since 2012.