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Top 5 Best Factiva Alternatives In 2023

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Factiva Alternatives

Best Factiva Alternatives will be described in this article. Factiva is a company information and research tool owned by Dow Jones & Company, a subsidiary of News Corp. It helps companies identify new opportunities and power strategic business decisions by providing access to a global news database and deep archives within a research platform.

Factiva holds content from over 30,000 premium sources of global news and data, including the Wall Street Journal, Dow Jones Newswire, and Reuters, as well as licensed publications, trade journals, and regional papers from around the world.

Using advanced search, filtering, smart indexing, and sharing tools, users can also access company profiles, corporate financials, and other company documents. With customizable dashboards and alerts, Factiva enables users to easily monitor news and trends related to their industries or areas of interest.

Some of Factiva’s key use cases include:

Overall, Factiva works well for clients looking for a media intelligence tool. This tool is great for tracking the latest news updates in specific industries or companies and for gaining access to a wide breadth of quality media content from a variety of dependable news outlets.

Because of the limitations in content sets outside news and company information, this platform may not be suitable for users looking for a full-scale research solution. Without access to broker reports or expert transcripts, it can be challenging to gain a complete view of a market, industry, or trend. Additionally, Factiva does not utilize artificial intelligence in its platform, features that are often instrumental in saving time and money and increasing confidence in research.

Factiva Strengths

Factiva Weaknesses

If you are looking for a more holistic approach to market intelligence and research that goes beyond global news and newswires, below are the best alternatives to Factiva to consider.

Top 5 Best Factiva Competitors And Alternatives In 2023

In this article, you can know about Factiva Alternatives here are the details below;

1. AlphaSense

AlphaSense is an all-in-one market intelligence platform for organizations and professionals looking to incorporate a full-scale research solution powered by AI search technology and automation. It was recently named the leader in G2’s Winter 2023 Grid Report for Financial Research, beating out all competitors in this category.

AlphaSense has access to 10,000+ premium sources of information, including company documents like SEC filings and global filings, as well as news, trade journals, and regulatory content.

Unlike many other platforms in the industry, AlphaSense also offers access to broker research from top Wall Street analysts and an expert call library that facilitates deeper insight into companies and markets.

These two invaluable perspectives—both the analyst and the expert—are accessible through two exclusive content sets found within AlphaSense:

AlphaSense uses proprietary technologies and capabilities to ensure users can access everything they need using unique features like:

Product Features

SMART SYNONYMS™

AlphaSense also features Smart Synonyms™ technology. This feature is a patented AI search innovation that identifies the search intent behind queries and only surfaces keywords that are relevant to your specific search goals. Smart Synonyms™ identifies phrases and keywords that are meaningfully related (for example, “ESG investing” and “impact investing”) to provide relevant and useful data for your search query, ensuring you don’t miss even a single critical insight.

Smart Synonyms™ make it easy to find the resources and documents with the keywords that meet your search intentions, cutting the typical energy and time spent on research—freeing research professionals to focus on more high-level analysis and management tasks.

AUTOMATED MONITORING

AlphaSense offers real-time alerts and updates on trending companies, industries, and topics of interest. Users get snapshots of multiple companies regularly, enabling them to stay on top of breaking news, market changes, and insights they’re interested in.

SENTIMENT ANALYSIS

Using NLP technology, sentiment analysis identifies shifts in a text’s tone and subjective meaning. It also helps readers identify a document’s positive, neutral, or negative sentiments using color coding. Users can take advantage of this element to read between the lines in their research and make better informed investment decisions. Users can also track changes in sentiment over time, resulting in a more comprehensive understanding of a company or industry.

EXCEPTIONAL USER EXPERIENCE

Regardless of your workflow and setup, AlphaSense fits. In addition to an intuitive user-friendly interface to display data and information, it allows professionals to export crucial data to their mobile devices or PCs.

AlphaSense also boasts exceptional customer service. Product specialists are on call 24/7 to assist with putting together searches and answer any product questions, further streamlining research workflows. This is another Factiva Alternatives. Also check Backpage Alternatives

INTEGRATIONS AND APIS

AlphaSense provides integration with commonly used programs like OneNote, Sharepoint, & Evernote. Integrations are key in enhancing your team’s workflow. With the power of AI, AlphaSense allows you to catch what others miss in a secure and automated way. With integrations, you can search across all internal & external content to find key insights, as well as collaborate with team partners to share those insights & amplify team productivity.

AlphaSense Strengths

AlphaSense Weaknesses

2. S&P Capital IQ

S&P Capital IQ ranks alongside some of the world’s most comprehensive research platforms. It provides users with in-depth data points on public and private corporations and markets. The S&P Capital IQ serves multiple client bases, including governments, private equity, corporations, and academia. Depending on the subscription chosen, users can access market intelligence and information, including. This is another Factiva Alternatives.

Users can access S&P Capital IQ across multiple devices, including PCs and smartphones. Moreover, they can opt in and receive real-time alerts and notifications, create custom watchlists, and access industry analysis. Capital IQ also supports integration with third-party tools, including Salesforce and Microsoft to ensure a seamless workflow for all team members.

S&P Capital IQ Strengths

S&P Capital IQ Weaknesses

3. Semrush

Semrush is a top SaaS platform for digital marketing, boasting over 10 million users worldwide and 14 years of market experience. As one of the go-to solutions in the digital marketing space, Semrush has a client base that comprises SEOs, PPC advertisers, public relations and digital marketing professionals, content marketers, and social media marketers. Semrush helps users identify emerging search trends, backlink opportunities, competitor analysis, organic and paid search opportunities, keyword rankings, and competitor ad strategies. This is another Factiva Alternatives. Also check SamCart Alternatives

Semrush features include:

Unlike other options listed, Semrush is the least ideal option for sell or buy-side traders looking for actionable information on private or public companies. However, it can help users research the sentiments and performance of companies across search engines and social media.

Semrush Strengths

Semrush Weaknesses

4. D&B Hoovers

Dun and Bradstreet (D&B) Hoovers is an intelligence platform that offers data and analytics solutions for businesses across industries. It supplies users with access to a wide range of information on companies, industries, and business executives. Examples of information available on its platform include company profiles, financial data, news and media mentions, and more. This is another Factiva Alternatives.

Businesses of all sizes use D&B Hoovers to conduct research on potential partners, suppliers, and customers, as well as to gain insight into market trends and competitive landscapes.

D&B offers financial analytics, enterprise risk management, credit intelligence and country insight solutions. Some of its key platform features include:

D&B Strengths

D&B Weaknesses

5. Statista

Statista is an online research and intelligence solution that provides statistical data and insights on a wide range of topics, including business, finance, and technology. With access to over one million statistics, forecasts, dossiers, and infographics from more than 22,500 sources, Statista is one of the largest research platforms available. This is another Factiva Alternatives.

Statista is widely used by businesses, researchers, governments, and journalists to access and analyze data on markets, industries, and consumer behavior. Statista uses an intuitive format to present its data, often using charts, graphs, and other visualizations. Users can search for data using keywords, industry, or geographic location. Moreover, they can also create custom charts and reports using data from Statista.

Some of its features include:

Statista Strengths

Statista Weaknesses

How to Choose an Alternative to Factiva

Factiva may meet some expectations and be the perfect media monitoring tool, but if you are interested in holistic market intelligence, you may need a platform that offers more diverse content sets and more advanced research capabilities. Consider the following benchmarks if you’re considering a shift from Factiva:

Determine your specific needs & requirements for a market and business intelligence platform. Do you just need access to news and journals, or could your research benefit from access to more varied sources? Choose the platform that offers you the most bang for your buck, in terms of access to information and data.

Compare the features, pricing, and user reviews of alternatives to Factiva. Some platforms like S&P Capital IQ may offer deeper data insights and metrics, but they’re not affordable for a small business. Similarly, one platform could go above and beyond the needs of a certain job function or team, but barely scratch the surface of another’s. Make sure you consider feedback from teams and individuals with goals most similar to yours.

Look for user-friendly search tools that make it easy to find and access relevant content. Might you benefit from something like AlphaSense’s Smart Synonyms™ and Sentiment Analysis features to help speed up and improve your research? Is there a platform that could dramatically boost your ROI and help you get results you couldn’t on your own?

Evaluate the quality and reliability of the data and sources the platform provides. Your research and analysis are only as good as the data you are using to find and validate the answers to your questions. Consider the level of customer support and training offered by the platform. More is always better. Check if the platform provides data integration with other tools and platforms you are currently using. Integrations are key in improving your team’s workflow and productivity.

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