Monte Carlo vs New Relic comparison

The compared Monte Carlo and New Relic solutions aren't in the same category. Monte Carlo is ranked #1 in DO , with an average rating of 9.0, and holds a 32.7% mindshare in the category. New Relic is ranked #4 in APM , with an average rating of 7.8, and holds a 6.1% mindshare. Additionally, 100% of Monte Carlo users are willing to recommend the solution, compared to 94% of New Relic users who would recommend it.

Monte Carlo

Read 1 Monte Carlo review

241 Views
146 Comparison Views

100% willing to recommend

New Relic

Read 158 New Relic reviews

14,996 Views
9,881 Comparison Views

94% willing to recommend

Monte Carlo

New Relic

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Categories and Ranking

Monte Carlo

Average Rating

9.0

Number of Reviews

Ranking in other categories

Data Observability (1st)

New Relic

Average Rating

8.4

Reviews Sentiment

7.1

Number of Reviews

158

Ranking in other categories

Application Performance Monitoring (APM) and Observability (4th), Network Monitoring Software (11th), IT Infrastructure Monitoring (9th), IT Operations Analytics (3rd), Mobile APM (3rd), Cloud Monitoring Software (5th), AIOps (4th)

Mindshare comparison

Monte Carlo and New Relic aren’t in the same category and serve different purposes. Monte Carlo is designed for Data Observability and holds a mindshare of 32.7%, down 40.2% compared to last year.
New Relic, on the other hand, focuses on Application Performance Monitoring (APM) and Observability, holds 6.1% mindshare, down 9.5% since last year.

Data Observability

Application Performance Monitoring (APM) and Observability

Featured Reviews

Prathik Rokhade

Associate Sr. Manager at Financial Insight Technology, Inc.

Provides centralized data observability features and has an easy-to-use user interface.

The product's initial setup is in a daily improvement stage, deploying new plugins for upstream and downstream resources. It takes 25 minutes to complete. The process involves integrating with third-party services for Single Sign-On (SSO). It requires only one executive for maintenance as it has easy-to-use navigation and user interface.

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Rahul -Jain

SDET ANALYST SENIOR at TSYS

Good for application Performance Monitoring but not stable

There are two types of teams we have in every organization. One is for DevOps, and the second one is for performance testing. Those who are using these tools, like AppDynamics, Dynatrace, or whatever tool we have on the APM side. These tools are used by two teams: one is the performance team, and another one is the DevOps team. So, the setup and the alert system belong to the DevOps team, not for performance. So, I don't use any alerts in AppDynamics, Dynatrace, or any of the tools.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"It makes organizing work easier based on its relevance to specific projects and teams."

"The most valuable feature of New Relic is its ease of use."

"It is a one stop shop and integrated with PagerDuty seamlessly. The solution is pretty self-contained."

"We use it for monitoring, identifying when services go down, or when they are outside of what we would consider normal operations."

"Their technical support is pretty good and responsive. We have a real good relationship with them."

"As New Relic is already integrated with Drupal, we can get our projects done with best practice and with the best value that we believe in."

"It has a simple initial setup."

"The deep insights, which will give you the metrics (not a high level), so we can build out at the database level where the bottleneck is. This has been pretty helpful."

"We detect issues using dashboards that we built on New Relic."

More New Relic pros

Cons

"For anomaly detection, the product provides only the last three weeks of data, while some competitors can analyze a more extended data history."

"The solution must provide better support for Azure Web Apps service."

"How granular I could go down at looking at certain data, especially related to the operations, is limited."

"They could improve the education process and how people understand that these tools are very technical. Right now, if someone was to pick it up from day one, it is a very steep learning curve."

"In addition, its difficult to have a predictive tool to see how the application would behave in the future when it basically only shows the historical data."

"There are times when you restart the engines and the servers have a unique ID for the host and you need to remove the server. It is difficult because some are on-premise and others are production hosts. Having downtime is not very good when updating. However, it is not a constant issue."

"One thing I'd like to see in any APM, especially New Relic, is the ability to use distributed transactions. When one microservice calls another, it calls another database and microservice. The entire data visualization layer will not be able to correlate from one microservice from end to end and return on that path. Distributed transactions would be a great addition that would make life simpler. Unfortunately, no APM has that end-to-end capability."

"The connectivity between legacy and newer cloud applications is not great."

"Some of our customers see New Relic as a promising product to have, and we would like to deliver it to them. The only way we would be able to do that would be if we had server appliance for clients that we could install in their data centres."

More New Relic cons

Pricing and Cost Advice

"The product has moderate pricing."

"We feel it's a little bit pricey."

"I think it's overpriced for the technical support that we get. We spent over 1,00,000 USD a year."

"I think the pricing is reasonable."

"Because of budget, we are not using the mobile app part of this tool."

"The new licensing model is great, as we pay for what we use (in computational units). However, the pricing is expensive compared to other tools."

"The solution is less expensive than AppNeta."

"New Relic is either free with low retention and minimal functionalities, or expensive with full options and retention."

"I recommend using the free version of New Relic. If you like the free version and understand its importance for your company, you can move to the trial. Then, you can migrate to the paid version."

More New Relic pricing and cost advice

See which vendors are best for you

Use our free recommendation engine to learn which Data Observability solutions are best for your needs.

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856,873 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Computer Software Company

18%

Financial Services Firm

Manufacturing Company

Retailer

Educational Organization

32%

Computer Software Company

11%

Financial Services Firm

10%

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about Monte Carlo?

It makes organizing work easier based on its relevance to specific projects and teams.

See all answers

What is your experience regarding pricing and costs for Monte Carlo?

The product has moderate pricing.

See all answers

What needs improvement with Monte Carlo?

For anomaly detection, the product provides only the last three weeks of data, while some competitors can analyze a more extended data history. This feature needs improvement. Its price could be a ...

See all answers

Any advice about APM solutions?

There are many factors and we know little about your requirements (size of org, technology stack, management systems, the scope of implementation). Our goal was to consolidate APM and infra monitor...

See all answers

What do you like most about New Relic Insights?

The product's initial setup phase was very easy.

See all answers

What needs improvement with New Relic Insights?

Email alert customization is limited; it cannot be tailored much, which makes the system more rigid than optimal. The handling of logs from integration tools is not as advanced compared to other to...

See all answers

Comparisons

Datadog vs Monte Carlo

Compared 26% of the time

Grafana vs Monte Carlo

Compared 18% of the time

Acceldata vs Monte Carlo

Compared 11% of the time

Anomalo vs Monte Carlo

Compared 11% of the time

Dynatrace vs Monte Carlo

Compared 9% of the time

More Monte Carlo Competitors

Dynatrace vs New Relic

Compared 12% of the time

Elastic Observability vs New Relic

Compared 11% of the time

Datadog vs New Relic

Compared 9% of the time

Splunk AppDynamics vs New Relic

Compared 6% of the time

Azure Monitor vs New Relic

Compared 5% of the time

More New Relic Competitors

Product Reports

No data available

Buyer's Guide

New Relic

May 2025

Download New Relic product report

Also Known As

No data available

New Relic Browser, New Relic Applied Intelligence, New Relic Insights, New Relic Synthetics, New Relic Servers, New Relic APM

Overview

Stop wasting time on data fire-drills. Stop trying to hack band-aid solutions. Stop paying for outdated data governance software. With Monte Carlo, data teams are the first to know about and resolve data problems, leading to stronger data teams and insights that deliver true business value.
You invest so much in your data infrastructure – you simply can’t afford to settle for unreliable data. At Monte Carlo, we believe in the power of data, and in a world where you sleep soundly at night knowing you have full trust in your data.

Monte Carlo

New Relic is a powerful tool for optimizing web pages, tracking user behavior, and monitoring application performance. It helps detect anomalies, generate metrics, and create dashboards for synthetics monitoring, container workloads, stress tests, and more.

New Relic provides organizations with comprehensive insights into APIs, infrastructure, and scalability. It supports mobile and web applications with features like java tracking, health maps, customizable dashboards, and drill-downs. Users benefit from its easy initial setup, accurate alerts, UI monitoring, error tracking, and traceability. New Relic supports multiple ecosystems with straightforward pricing and new feature introductions, offering end-to-end monitoring, thorough data analysis, and effective problem resolution.

What are New Relic's most important features?

Java Tracking: Efficiently monitor Java applications.
Infrastructure Monitoring: Comprehensive overview of infrastructure health.
APM: In-depth application performance monitoring.
Tight Integration: Seamless integration across different system layers.
Health Maps: Visual representation of system health.
Customizable Dashboards: Personalized data display and insights.
Drill-Downs: Detailed analysis at multiple levels.

What benefits and ROI should users look for in reviews?

Application Insights: Detailed understanding of application performance.
Accurate Alerts: Immediate notifications for issues.
Traceability: Enhanced end-to-end traceability for problem resolution.
Scalability: Accommodation of growing infrastructure.
Flexible Query Design: Adaptable search and analysis functionality.
Reliable Performance: Consistent application monitoring and upkeep.

New Relic is leveraged in industries such as e-commerce, finance, and technology. It helps monitor web traffic, evaluate load balancing, and ensure applications meet performance standards. Companies use it for stress tests, container-based workloads, API monitoring, and infrastructure management. Its integration capabilities are valuable for maintaining performance and scalability across diverse ecosystems, aiding in thorough data analysis and problem resolution.

New Relic

Sample Customers

Information Not Available

World Fuel Services, Verizon, FootLocker, McDonald's, Trainline, Mondia Media, Confused, Costa Coffee, Ryanair, Marks & Spencer, William Hill, Delivery Hero, Skyscanner, BASF, DAZN, Veygo, Virtuo, movingimage, talabat, Australia Post, Tokopedia, Seven Network, Virgin Australia, Zomato, BigBasket, Mercado Libre, Lending Club

We monitor all Data Observability reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.