All the functions of the library give near to SOTA performance. And yet, it gives very performance. The API is very easy to use.

While Stanford NLP library is good to start with for tackling NLP problems, Spacy gives a nudge to your projects with advanced capabilities which otherwise are too tricky and difficult to master. Spacy exposes methods and APIs which abstracts out all the complexities like Training for custom Named Entities. Or extracting phrases from text. Spacy has proved for us to be very fruitful. To add to that, its blazingly fast when compared to other libraries.

It is good for generic uses and data management, but lacks on deeper analysis and does not allow for much collaboration or inter-organization communication