New Relic vs Pico Corvil Analytics comparison

Why PeerSpot?

New Relic and PICO are both solutions in the Network Monitoring Software category. New Relic is ranked #10 with an average rating of 8.3, while PICO is ranked #68. New Relic holds a 1.4% mindshare in NMS, compared to PICO’s 0.6% mindshare. Additionally, 94% of New Relic users are willing to recommend the solution, compared to 100% of PICO users who would recommend it.

New Relic

Read 176 New Relic reviews

29,719 Views
8,916 Comparison Views

94% willing to recommend

Pico Corvil Analytics

Read 9 Pico Corvil Analytics reviews

4,052 Views
3,809 Comparison Views

100% willing to recommend

New Relic

Pico Corvil Analytics

Comparison Buyer's Guide

Download the report

Executive SummaryUpdated on Oct 10, 2024

Pico Corvil Analytics and New Relic compete in the realm of data analytics solutions. New Relic appears to have the advantage due to its comprehensive application monitoring and observability features, despite Pico Corvil Analytics' customer satisfaction with pricing and support.

Features: Pico Corvil Analytics provides network latency measurement tools, real-time analytics, and granular insights for optimizing network performance. New Relic, on the other hand, offers application performance monitoring, infrastructure monitoring, and features for observability, suited for identifying and addressing application issues swiftly.

Room for Improvement: Pico Corvil Analytics can enhance user-friendliness, broaden its analytics suite, and streamline data integration processes. New Relic could improve its cost-effectiveness, expand its network performance metrics, and refine its reporting capabilities.

Ease of Deployment and Customer Service: New Relic is noted for its easy deployment and responsive customer service, making it attractive for swift implementation. Pico Corvil Analytics, while having a more complex deployment due to its network-focused metrics, offers robust support that eases some challenges encountered.

Pricing and ROI: Pico Corvil Analytics competitively prices its setup, delivering ROI through network analytics crucial for businesses reliant on network performance. New Relic, though more costly, justifies the expense with its extensive feature set, delivering high ROI by enhancing application reliability and performance.

To learn more, read our detailed New Relic vs. Pico Corvil Analytics Report (Updated: November 2026).

Buyer's Guide

New Relic vs. Pico Corvil Analytics

November 2026

Download the complete report

Helped 920,939 peers since 2012

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

New Relic

Ranking in Network Monitoring Software

10th

Average Rating

8.4

Reviews Sentiment

6.9

Number of Reviews

176

Ranking in other categories

Application Performance Monitoring (APM) and Observability (4th), IT Infrastructure Monitoring (10th), IT Operations Analytics (3rd), Mobile APM (2nd), Cloud Monitoring Software (3rd), AIOps (6th)

Pico Corvil Analytics

Ranking in Network Monitoring Software

68th

Average Rating

9.0

Reviews Sentiment

7.1

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of November 2026, in the Network Monitoring Software category, the mindshare of New Relic is 1.4%, down from 1.8% compared to the previous year. The mindshare of Pico Corvil Analytics is 0.6%, up from 0.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Network Monitoring Software Mindshare Distribution
Product	Mindshare (%)
New Relic	1.4%
Pico Corvil Analytics	0.6%
Other	98.0%

Network Monitoring Software

Featured Reviews

BasilJiji

System engineer at a retailer with 10,001+ employees

Real-time alerts have reduced server outage impact and support fast incident response

In the dashboard, if they could show a little more metrics regarding the application and related things, that would be how New Relic could be improved. Currently, there are things showing from the server level and application level, but it can be improved. That is what I felt. Regarding user interface, I do not feel much concern, but for some kind of issues when we are trying to get support from the New Relic team, their SLA seems to be long. They are taking seven to ten working days for resolving some kind of scenario or issue. That is a bit difficult for us. If they could improve the customer support by reducing their SLA within three to five days, if they could remediate everything, that will be so much helpful. When it comes to the customer support part, I felt they need to be a little more improved on that part. The support overall is good, but they can improve. That is the reason I have given it eight out of ten.

Read full review

Ted Hruzd

Founder at AI Fit LLC

Helpful support agents, beneficial issue detection, and high availability

The creation of charts and real-time windows was somewhat cumbersome. The vendor's website had an application called App Agent that required improvement. This API was designed to track message rates between microservers ingested into a microservice memory map. It allowed users to monitor the number of transactions that occurred at specific points within the application, and it was quite impressive. However, it had some limitations, and it mainly served as a tool for basic tracking. The protocols it employed could reveal the type of server-to-server communication and the specific order types, but it was not able to provide a more in-depth analysis of the application. The vendor has the potential to integrate application metrics more extensively into their product suite. The product suite could benefit from more out-of-the-box predictive analytics capabilities, such as projecting market or symbol movements. However, it is unclear whether the vendor currently provides this functionality. Users may need to adjust their software to perform such analysis independently.

Read full review

Quotes from Members

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

Pros

"This is the best tool for gaining insight into SaaS or cloud-based applications that we’ve seen."

"Every time there is a crisis, high traffic, or if we see a problem with a server, we go to New Relic and monitor it to determine the cause."

"We like the performance of the product."

"New Relic is suitable for banking domains, investment brokerage products, or anything related to high-security data, and it works as a whole monitoring solution, including logging, monitoring, and application profiling tools."

"<p>New Relic has positively impacted my organization by helping with our observability goals.</p>"

"The integration and configuration of New Relic is straightforward and easy."

"Its greatest benefit comes from its ability to provide trending/marketing data."

"To me, the most valuable feature of New Relic APM is the traceability, mainly based on the time travel method, so you get the overall response time, which is pretty helpful for developers and ADR techs looking into issues on a deeper level. New Relic APM is a very good, tailor-made solution."

More New Relic pros

"We can use CLI with the UI for configuring the new monitoring system, which is good."

"It allows us to trace the flow. The logic is built sufficiently for us to be able to break down clients' orders, underlying child orders, and execution. Thus, it's a good way for us to trace client flow through a myriad of different internal systems."

"As part of my role in monitoring multiple client connections, I would use Pico Corvil Analytics to set up alerts for performance issues, such as TCP resends and dropped packets. These alerts would trigger when the volume was low and performance was poor, allowing me to work with our trading partners to find a resolution. I would present them with the statistics I had and together, we would identify the source of the issue. This collaboration resulted in the client often reconfiguring their systems. For example, we may find that a network connection needed to be made. Overall, this proactive approach helped to maintain strong connections with our clients and minimize disruptions to trading revenue."

"Corvil is really useful, if you want to produce statistics for your application across different platforms then I would definitely recommend it."

"We use the data to analyze how much time we spend within the applications. Then, based on that, we are doing multiple analyses and types of investigations to work on reducing the amount of time spent on the latency, which helps our applications."

"The analytics features of Corvil are really good... As long as you know what the field is in the message, you can build your metrics based on that field... It means you can do the analytics that you actually care for. You can customize it..."

"The performance metrics are pretty good. We've got everything from the network layer to the actual application layer. We can see what's going on with things like sending time and batching."

"In terms of what it does, I'd give Corvil a ten out of ten; I've never seen a tool like it."

More Pico Corvil Analytics pros

Cons

"We would like to receive more AWS-specific details from the New Relic Dashboard, like EC2 health."

"It helps prevent issues but does not cause losses. The error messages and deep insights may help us find the root cause and resolve the issue, but it could be a bit better."

"The product has good documentation for Linux, however, their documentation for Windows is lacking substantially. It's something they need to develop."

"There are some 5 minutes interruptions that we don't know where they come from, 24x7 confirmed the web was ok so it must be the tool."

"However, there could be problems or hiccups with the integration with Java-based services and microservices."

"It is a serious tool and requires a lot of time invested in order to understand how it works."

"Joining datasets. Currently, it’s only possible to pull data from a single event type."

"Mobile APP's Performance Monitoring."

More New Relic cons

"While the product is scalable, it's not easy to scale. It needs investment hardware and network bandwidth consideration. It's not something you can just do overnight."

"The creation of charts and real-time windows was somewhat cumbersome. The vendor's website had an application called App Agent that required improvement. This API was designed to track message rates between microservers ingested into a microservice memory map. It allowed users to monitor the number of transactions that occurred at specific points within the application, and it was quite impressive. However, it had some limitations, and it mainly served as a tool for basic tracking. The protocols it employed could reveal the type of server-to-server communication and the specific order types, but it was not able to provide a more in-depth analysis of the application. The vendor has the potential to integrate application metrics more extensively into their product suite."

"It's quite difficult to see, sometimes, how hard your Corvil is working. When we had a very busy feed that chucked out a lot of data it wasn't working very well on Corvil. We had to raise a case for it. It turned out to be that, in fact, we were overloading Corvil."

"For FIX protocol, maybe we could have built-in configurations for signatures and decoders. Also, for certain protocols, which are newer, we would like to just add the signatures within the decoders itself."

"Overall, the Corvil device needs a little bit of training for people to handle it. If that could be reduced and made more user-friendly, more intuitive, it would be better."

"In terms of performance analysis, if you really want to dig down into the minutiae and get statistics on the important things... that would be the only piece lacking because, in our environment, we have thousands and thousands of symbols. With the architecture that Corvil is built on, it's cumbersome."

"There is definitely room for improvement in the reporting... The whole interface where you build reports and schedule them is very clunky and I find that, whereas on the GUI you can pull out all the metrics you want and it's very flexible and nice and easy to customize, the reporting is not very intuitive."

"The analytics feature is very nice, but it's mostly software. We are hoping that it could be embedded in ASICs, so it could be faster."

More Pico Corvil Analytics cons

Pricing and Cost Advice

"The monthly cost os $1000 per server per month, but it could be even more. We pay about $250 for the server, and then New Relic wants over $1000 to give us statistics on those servers."

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

"This is an expensive tool."

"There is a picture which goes to your browser and it monitors requests from other users. However, it's impossible to use now because the price is very high. The feature is very nice, but I tried it during the trial period, and the current price makes it impossible to use."

"Comparatively, the pricing is expensive."

"If I remember it correctly, the pricing was based on the core, and the monthly subscription used to cost us $1,500 or $2,000. We had pre-prod and production services. Costing was different for pre-prod and production. For pre-prod, it was 40% less than the production service cost. It was a combined package."

"The price of the solution could be less expensive. You have to pay a lot for each user. There is an additional cost for extra features."

"The solution is cheap, but prices can go up when users grow."

More New Relic pricing and cost advice

"Pico Corvil Analytics is expensive. There are several competitors in the market. Selling this solution to a trading firm might be challenging as there are several other solutions available that can perform basic similar operations, such as using Wireshark and Python scripts to obtain the required values. However, that does not nearly approach the comprehensive end-2-end automated depth of metrics and their correlations that Pico Corvil Analytics provides."

"I like the way they've decoupled the hardware now... Everything's based on the licensing side now. The way they do the packs is fair. It's very flexible in that we're not charged per decoder, we're charged for a certain pack. Whether we use one decoder or 20 decoders, as long as they're in the same pack, there's no extra charge. Expensive but fair is how I'd summarize it."

"Corvil has reduced the time it takes us to isolate root causes."

"The pricing is very expensive. Corvil could work on the pricing."

"As I am working more with Corvil, it looks like it is improving diagnostic times."

"We bought a box from Corvil and it was $200,000 for one big CNE. Then there are obviously the recurring maintenance fees. The licensing is perpetual but the maintenance fees are not."

"It is pricey versus its competitors."

See which vendors are best for you

Use our free recommendation engine to learn which Network Monitoring Software solutions are best for your needs.

See recommendations

920,939 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Financial Services Firm

13%

Outsourcing Company

12%

Manufacturing Company

10%

Construction Company

Financial Services Firm

28%

Outsourcing Company

13%

Manufacturing Company

Comms Service Provider

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	65
Midsize Enterprise	52
Large Enterprise	80

By reviewers
Company Size	Count
Small Business	2
Midsize Enterprise	1
Large Enterprise	6

Questions from the Community

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 needs improvement with New Relic Insights?

I find New Relic to be somewhat expensive. Our team shares logins, contrasting with other applications where individual team accounts are standard. Pricing is a primary concern since New Relic can ...

See all answers

What is your primary use case for New Relic Insights?

As an Application Monitoring Engineer, my primary responsibilities include ensuring the uptime of services, managing infrastructure, and monitoring transactions. I use New Relic to set up incidents...

See all answers

Ask a question

Earn 20 points

Comparisons

Datadog vs New Relic

Compared 4% of the time

Dynatrace vs New Relic

Compared 4% of the time

Splunk AppDynamics vs New Relic

Compared 4% of the time

Splunk Enterprise Security vs New Relic

Compared 2% of the time

Splunk Observability Cloud vs New Relic

Compared 2% of the time

More New Relic Competitors

NETSCOUT Network & Application Observability vs Pico Corvil Analytics

Compared 12% of the time

NIKSUN NetVCR vs Pico Corvil Analytics

Compared 7% of the time

cPacket cClear vs Pico Corvil Analytics

Compared 6% of the time

Great Bay vs Pico Corvil Analytics

Compared 5% of the time

Alluvio AppResponse vs Pico Corvil Analytics

Compared 4% of the time

More Pico Corvil Analytics Competitors

Product Reports

Buyer's Guide

New Relic

October 2026

Download New Relic product report

Buyer's Guide

Pico Corvil Analytics

October 2026

Download Pico Corvil Analytics product report

Also Known As

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

Corvil

Overview

New Relic offers comprehensive server and application performance monitoring features, empowering organizations with real-time insights and customizable dashboards for efficient issue resolution.

Possessing robust capabilities, New Relic provides in-depth application data, allowing users to trace and diagnose issues efficiently. Its powerful API integration enables seamless performance improvement tracking. Despite certain areas for improvement like configuration handling and pricing, New Relic remains a preferred choice for application performance monitoring, server monitoring, and infrastructure management, facilitating end-to-end observability and enhancing application health.

What are New Relic's key features?

Server Monitoring: Provides insights into system health and performance metrics.
Real-Time Application Performance Insights: Offers instant data on application performance and user experience.
Customizable Dashboards: Tailor dashboards to display the most relevant data for specific needs.
API Integration: Supports integration with external tools for enhanced performance tracking.
Scalability: Adapts to the growing needs of enterprises, ensuring continuous monitoring effectiveness.
Synthetic Monitoring: Simulates user interactions to preemptively identify potential issues.

Why consider New Relic's benefits?

In-Depth Data: Access to comprehensive application data for quick issue resolution.
Efficient Alerting: Real-time alerts to identify and address problems swiftly.
Improved Performance: Metrics and insights that facilitate enhanced application performance.
Tool Integrations: Integration enhances value by combining various system insights.

In sectors like finance and e-commerce, New Relic is utilized for real-time performance monitoring, allowing businesses to identify bottlenecks, manage infrastructure effectively, and ensure seamless user experiences. By tracking API response times and monitoring databases, companies improve performance and user satisfaction through better observability and synthetic monitoring.

New Relic

Pico Corvil Analytics offers advanced capabilities in latency measurement, data analysis, and real-time packet decoding. Its intuitive dashboards and comprehensive analytics support latency management and customizable metrics, enhancing performance monitoring and infrastructure optimization.

Designed to assist in latency monitoring and benchmarking, Pico Corvil Analytics is essential for tracking server and exchange latency, client connectivity, electronic trading environments, and order flows. It provides features like real-time analytics, custom dashboards, and anomaly detection, aiding in transaction scrutiny and market activity predictions. Users note the depth of analytics features, although there is a desire for iHub functionality within the app, simpler configurations, and more intuitive performance analytics and reporting.

What are the core features of Pico Corvil Analytics?

Latency Measurement: Precision tracking for server and exchange latency.
Data Analysis: Granular insights for enhanced trading efficiency.
Real-Time Packet Decoding: Immediate packet analysis for troubleshooting.
Visualization: Advanced dashboards enhancing data communication.
Intelligent Alerts: Proactive performance monitoring and collaborations.

What benefits can users expect from Pico Corvil Analytics?

Enhanced Trading Efficiency: Drives strategic upgrades and operational improvements.
Nuanced Network Analysis: Empowers detailed troubleshooting and network management.
Performance Monitoring: Aids infrastructure optimization through informed decisions.

Pico Corvil Analytics is widely implemented in industries requiring high-performance trading infrastructures, such as financial services and electronic trading environments. It supports users in predicting market activities and ensuring reliable, efficient trade execution. Custom dashboards and real-time analysis provide a competitive edge in these high-stakes arenas.

PICO

Sample Customers

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

NASDAQ, Commerzbank, Pico Quantitative Trading, CME Group, Interactive Data, Tokyo Stock Exchange Inc.

Buyer's Guide

New Relic vs. Pico Corvil Analytics

November 2026

Free Report: New Relic vs. Pico Corvil Analytics

Find out what your peers are saying about New Relic vs. Pico Corvil Analytics and other solutions. Updated: November 2026.

DOWNLOAD NOW

920,939 professionals have used our research since 2012.

See our New Relic vs. Pico Corvil Analytics report.

See our list of best Network Monitoring Software vendors.

We monitor all Network Monitoring Software 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.