Artificial Intelligence (AI) is rapidly transforming how organisations conduct company research, offering new tools and methodologies that vastly improve the ability to gather, analyse, and utilise data. As businesses strive to remain competitive in an increasingly complex and fast-paced global market, the adoption of AI in company research is not just an advantage but a necessity. By leveraging AI, organisations can uncover insights that drive strategic decision-making, optimise workflows, and identify opportunities for growth and innovation.

Nexis+ AI™, an advanced decision intelligence platform, is at the forefront of this transformation. By integrating generative AI with the LexisNexis content library that’s been trusted by global professionals for more than 50 years, Nexis+ AI offers a powerful solution for professionals who need to conduct in-depth company research with greater efficiency.

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The Evolution of Company Research

Whether for competitive intelligence, mergers and acquisitions (M&A), market entry, or risk assessment, company research has always been a major factor in different aspects of business. Traditionally, this process involved labour-intensive methods, with researchers manually collecting data from a variety of sources, analysing it, and then synthesising the findings into actionable insights. While effective, these traditional methods were time-consuming, prone to human error, and limited by the researcher’s ability to process large volumes of information.

As businesses expanded and the volume of available data grew exponentially, these traditional methods became increasingly unsustainable. The introduction of digital databases and search engines in the late 20th century marked the first significant shift in company research, enabling quicker access to information. However, even these tools required manual effort to sift through data and extract relevant insights.

AI has brought a new wave of innovation to company research by automating many of the tasks that once required significant manual labour. With AI, businesses can process and analyse vast datasets quickly and with a level of depth that was previously unattainable.

Nexis+ AI: A Game-Changer for Company Research

Nexis+ AI represents a significant leap forward in the field of company research. This decision intelligence platform utilises generative AI to enhance research processes, making it easier for professionals to generate actionable insights quickly. Nexis+ AI combines the power of AI with the extensive and authoritative content available through LexisNexis, providing users with a robust tool that can transform how they conduct company research.

Key Functionalities:

• Generate: Create a first draft of reports with just a click, using curated research from trusted Customise content and citations to produce comprehensive documents that are ready for review and finalisation.
• Extract: Extract specific data points or insights from long documents and reports, ensuring that nothing important is
• Summarise: Create concise summaries of long documents or news articles , making it easier for researchers to understand the key points and make informed
• Empower: Equip researchers with the tools they need to conduct more thorough research, ultimately empowering them to make better business decisions.

Nexis+ AI enhances company research workflows by integrating these AI capabilities with trusted LexisNexis content. This integration ensures that users can access global financial data and news quickly, allowing for more efficient and effective research processes.

Key Features of Nexis+ AI

Nexis+ AI is packed with features that make it an invaluable tool for company research. Each feature is designed to address specific challenges that researchers face, providing solutions that improve both the speed and quality of their work.

Expansive Data Access

One of the most significant advantages of Nexis+ AI is its access to an extensive database of financial and news data, with rights from publishers to use their news data in gen AI tools. This vast repository allows researchers to conduct thorough investigations into companies of interest, whether they are looking into competitors, potential M&A targets, or new market entrants.

Users can easily search for specific companies or discover new ones using filter criteria such as industry, number of employees, revenue, and location. This flexibility ensures that the research is both comprehensive and targeted, providing insights that are directly relevant to the researcher’s needs.

At-a-Glance Company Insights

Nexis+ AI offers an intuitive user interface with multiple tabs that allow users to quickly access different types of information about a company. The Overview tab provides a high-level summary of the company’s corporate hierarchy and key reporting information, helping researchers get up to speed quickly. The Financial tab offers visualised financial metrics and links to company filings, making it easier to assess a company’s financial health. Finally, the News tab keeps users informed about the most recent developments concerning the company, ensuring that they are always up-to-date.

This at-a-glance view saves time and allows researchers to focus on analysing the data rather than searching for it.

News Article Insights

Keeping up with the latest news is crucial for effective company research, but it can also be time-consuming. Nexis+ AI addresses this challenge by providing AI-generated summaries of relevant news articles. These summaries highlight the key points of each article, allowing researchers to quickly determine whether the content is relevant to their research.

Document Analyser

For researchers dealing with lengthy documents such as quarterly reports, 10-K filings, or industry white papers, Nexis+ AI offers a Document Analyser tool. This feature allows users to upload documents and query their contents for specific information. The AI then extracts the relevant data, providing insights that might otherwise be buried in pages of text.

Addressing Challenges of AI Adoption in Company Research

While AI offers significant benefits, its adoption in company research is not without challenges. Concerns such as AI hallucinations—where AI generates incorrect or misleading information—and bias are common among organisations considering AI tools.

Nexis+ AI addresses these concerns by incorporating transparency into its processes. AI-generated content is always linked back to original sources, making it easy to verify and cite. Automatic citations and human-in-the-loop development further minimise the risk of inaccuracies. Additionally, Nexis+ AI adheres to strict data privacy and ethical guidelines, ensuring that AI is used responsibly and securely in company research.

Building trust in AI-generated outputs is essential for successful adoption. Nexis+ AI’s commitment to transparency, accountability, and ethical use of AI helps organisations confidently integrate AI into their research practices.

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Final Thoughts

AI is set to play an increasingly important role in company research, offering tools that enhance the efficiency of the research process. As organisations continue to navigate complex and competitive markets, adopting AI tools like Nexis+ AI will become essential. By streamlining research workflows and ensuring insights are based on credible, verifiable sources, Nexis+ AI is an invaluable tool for today’s research professionals.

Explore the potential of Nexis+ AI and join the Nexis+ AI Insider Program to stay ahead in the evolving landscape of company research.