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Factiva vs. Precisely Spectrum Spatial Insights

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Factiva

    Score5.1 out of 10
    N/AFactiva from Dow Jones is a data service that helps companies identify opportunities, accelerate decisions and manage a business's reputation, that includes global news and data accessible via the Dow Jones' research platform, on mobile devices or integrated via advanced feeds and APIs.N/A

    Precisely Spectrum Spatial Insights

    Score8 out of 10
    N/ASpectrum Spatial Insights by Precisely (based on the former GeoInsight by Pitney Bowes) helps users to test strategies, taking into consideration key market and competitive drivers. Detailed forecasts and financial impact assessments can be created for every scenario, to provide an actionable, defensible plan of action. Ultimately, this enables users to know a projected Internal Rate of Return (IRR) before making capital decisions.N/A
    Pricing
    FactivaPrecisely Spectrum Spatial Insights
    Editions & Modules
    No answers on this topic
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    Offerings
    Pricing Offerings
    FactivaPrecisely Spectrum Spatial Insights
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Best Alternatives
    FactivaPrecisely Spectrum Spatial Insights
    Small Businesses
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    Medium-sized Companies
    Comscore Ad Metrix
    Score8 out of 10
    Comscore Ad Metrix
    Score8 out of 10
    Enterprises
    HG Insights Platform
    Score4 out of 10
    HG Insights Platform
    Score4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    FactivaPrecisely Spectrum Spatial Insights
    Likelihood to Recommend
    9.0
    (5 ratings)
    7.0
    (1 ratings)
    Data Sharing and Collaboration
    2.0
    (3 ratings)
    -
    (0 ratings)
    Data Sources
    9.0
    (3 ratings)
    -
    (0 ratings)
    User Testimonials
    FactivaPrecisely Spectrum Spatial Insights
    Likelihood to Recommend
    Dow Jones
    A large part of our work depends on the ability to source quality media content from a breadth of dependable sources globally. This is Factiva's bread and butter: it has a very comprehensive list of 'quality' media sources such as nationals, dailies, business journals and magazines from around the world that are easily mined for the content they hold. If you're thinking about anything other than these 'traditional' media sources then Factiva probably isn't your thing. It doesn't do social media.
    Incentivized
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    Precisely
    As previously mentioned, as long as the web platform works, the software is quite useful. However in places or areas where the platform operates with low standards (poor reception signal), the versatility and usefulness of the program decreases considerably. This type of problem in developed countries probably does not occur, or if it occurs it does very infrequently. But in non-developed countries, the frequency of occurrence can be a factor to take into consideration when choosing an program based exclusively on a web platform.
    Incentivized
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    Pros
    Dow Jones
    • Factiva offers excellent search builders so that I am able to narrow my search to specific companies or topics very easily.
    • Factiva combines a large number of credible sources into one place and allows me to search all of these sources.
    • Factiva's use of timestamps helps me understand when the news was known by the market which allows me to analyze how (if at all) that particular piece of news impacted the company's stock price.
    • Provides an excellent starting place for learning about a company and/or industry.
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    Precisely
    • It allows us to visualize data with extreme ease, through maps and graphs, patterns and tendencies.
    • This visualization allows, in turn, to make decisions more quickly and with a greater amount of information than what a good part of software of the same nature allows.
    Incentivized
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    Cons
    Dow Jones
    • The UX leaves room to be desired
    • There are often repetitive entries
    • The functionality can be confusing
    Incentivized
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    Precisely
    • Being a web-based platform can, in some cases, be counterproductive, especially in areas where internet and satellite coverage are of low quality or are not available, such as jungle areas.
    • The results obtained, in most cases, need to be interpolated, in order to completely characterize the study area.
    • The interpolation functions are those that are typically used in commercial software used in this area of study, and have the same limitations. When using it I have not found any novelty regarding this.
    Incentivized
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    Alternatives Considered
    Dow Jones
    At the time, Factiva was already being used by the company I worked for - they had developed procedures specifically for using Factiva, so there wasn't really an option. I've used Lexis, Westlaw and Bloomberg exclusively for legal research, so there wasn't really an overlap with Factiva.
    Incentivized
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    Precisely
    In comparing GeoInsight to other products, I will not be of much help since this software is, as far as I know, almost exclusively used in activities related to the financial world, rather than geographical. That is why it is usually included in software of the AML (Anti-Money-Laundering) type. My interest in the program was to see its capacity for data storage and practical utility to facilitate decisions, compared to other software but more linked to geographic information (GIS software).
    Incentivized
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    Return on Investment
    Dow Jones
    No answers on this topic
    Precisely
    • The use of the software allowed the minimization of activities associated with logistical support to field staff. That reduced the time associated with these activities by about 15% of the initially estimated time.
    • The aforementioned reduction translated into decreases in expenditures in the order of $ 2000 / day.
    Incentivized
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