The company
The Business Assessment team at one of the world’s leading biopharmaceuticals multinationals is tasked with providing data-driven recommendations to guide the strategic direction of the company as they assess new opportunities that define the healthcare industry.
Their Senior Director of Business Assessments is tasked with analyzing macro regulatory and economic trends, tracking the competitive landscape and ultimately providing judgement on how market inflections and competitive moves may affect the firm’s position. From gene therapy techniques to new cancer treatments, accurate and timely research and analysis is essential to inform the critical decisions of ongoing projects whose impact affects the health and well-being of millions.
The challenge
The team was seeking a research platform that would free them from the burden of time-consuming and single point solutions. In an industry where speed and access to the right information has the power to save lives, manual research would not cut it.
“AlphaSense brings together the premier research I need all in one place. I feel confident that I’m not wasting time and that I can quickly bring meaningful insights to my team which is critical to operate successfully in today’s fast moving markets”
Senior Director of Business Assessments
Results
With AlphaSense’s intelligent search engine at his fingertips, not only does the Business Assessments leader save valuable time in his research process, he feels confident that he’s not missing any critical information.
Critical research: Beyond the efficiency of surfacing insights, AlphaSense enables the team to access a variety of content sources in one platform. “AlphaSense brings together everything I’d like to see in one place with impressive breadth and depth,” notes the Senior Director of Business Assessments. In particular, when researching a new product or advancement, competitive research is essential to report. The team finds Wall Street Insights, AlphaSense’s comprehensive collection of equity research, to be particularly valuable. By understanding what analysts are saying about market and industry trends, they are able to rapidly validate assumptions and the company’s own internal research and to generate new ideas. “AlphaSense brings together the premier research I need all in one place. I can quickly find and compare insights from several top analysts that help inform our business strategy. I feel confident that I’m not wasting time and that I can quickly bring meaningful insights to my team which is critical to operate successfully in today’s fast moving markets.”
Time savings: Tracking down the right information at the speed his business partners require is a top priority for the team. For every research project he leads, this leader consults twenty or more unique documents, “Sometimes, I will go through hundreds of content sets if I am preparing for an investor deck,” he adds. The ability to pin-point themes and identify trends within thousands of premium content sources allows the Business Assessments team to streamline their research and “easily save hours every week.” By annotating, tagging and sharing documents directly within AlphaSense, information-sharing and collaboration has been made easier for the entire team.
In alleviating the burden of manual research, this leader has increased his efficiency and does not fear that he’s missed information. Rather than spending hours to surface a single data point, he is able to reallocate his time to drive value. With an improved ability to deliver meaningful analysis and recommendations to his business leaders, the team is ultimately more effective at driving business strategy and connecting the dots on the meaningful trends changing the face of healthcare.
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