New Relic vs Pico Corvil Analytics comparison

New Relic and PICO are both solutions in the Network Monitoring Software category. New Relic is ranked #7 with an average rating of 7.8, while PICO is ranked #73. New Relic holds a 2.0% mindshare in NMS, compared to PICO’s 0.5% 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 158 New Relic reviews

3,992 Views
3,179 Comparison Views

94% willing to recommend

Pico Corvil Analytics

Read 9 Pico Corvil Analytics reviews

955 Views
429 Comparison Views

100% willing to recommend

New Relic

Pico Corvil Analytics

Comparison Buyer's Guide

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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: April 2025).

Buyer's Guide

New Relic vs. Pico Corvil Analytics

April 2025

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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

7th

Average Rating

8.4

Reviews Sentiment

7.1

Number of Reviews

158

Ranking in other categories

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

Pico Corvil Analytics

Ranking in Network Monitoring Software

73rd

Average Rating

9.0

Reviews Sentiment

7.1

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of May 2025, in the Network Monitoring Software category, the mindshare of New Relic is 2.0%, down from 3.8% compared to the previous year. The mindshare of Pico Corvil Analytics is 0.5%, up from 0.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Network Monitoring Software

Featured Reviews

Iqbal Khowaja

Chief Technology Officer at State of Hawaii

Has a simple user interface and end-to-end monitoring and self-healing features

My organization uses many application performance management solutions, such as AppDynamics, New Relic APM, Splunk, and Datadog. I'm the CTO for the state of Hawaii, and across the board, different departments use different APM tools. I'm using the latest version of New Relic APM, but I cannot recall the exact version. My company has a dozen engineers using and monitoring New Relic APM. I'd tell anyone planning to use New Relic APM that it has to fit what you have. For example, most of my company's payload is in AWS, and the tool has adopters and features that CloudWatch cannot provide. Still, New Relic APM can, so you should do a demo or trial run first and see if it's a tool that'll help you with end-to-end monitoring. New Relic APM is working well for my company, so an excellent way to start is to do a trial run to see how the tool works out for your current applications. My rating for the tool is nine out of ten because my experience with it has been great. New Relic also worked closely with my company and has always been upfront on what's available and what's not. My company is a New Relic APM customer.

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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

"What I like best about New Relic APM is its user interface because it's simple. The most valuable feature of New Relic APM is end-to-end monitoring."

"The synthetics, alerts, and native inbuilt capabilities for monitoring the cloud with the New Relic agents have been helpful."

"New Relic has helped us in terms of the optimizing our print and loading times."

"The feature I found most valuable is being able to design my queries. It's easy to design a query."

"One of the most outstanding features of any APM tool is the anomaly detection part."

"One valuable feature is that the synthetic alert stays open until the issue is resolved. You can actually monitor whether your system is back up."

"The most valuable feature of the solution is its ability to execute queries and analyze the data."

"It has the ability to monitor random URLs not tied to the one pinger per application (though it costs extra)."

More New Relic pros

"It has all the decoders so it's capturing every network packet and it's decoding in real-time and it's giving us latency information in real-time... It's the real-time decoding and getting the latency information statistics that we find the most useful."

"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..."

"With the Corvil Stored Data Analyzer module, we can use it for test data or a set of production data to set up the configuration for latency setup, so we can use the fields to correlate messages."

"Time-series graphs are very good for performance analysis. We can do comparisons... We can say this is the latency in the last 24 hours, and this was the same 24-hour period a week ago and overlay the two time-series graphs on top of each other, so we can see the difference. That's a really powerful tool for us."

"What is most valuable is the ability to troubleshoot when a client complains of spikes in latencies. It gives us the ability to go granular, all the way down to looking at the network packets and analyze them."

"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."

"We like the dashboards because they essentially organize all the sessions into one viewpoint."

"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."

More Pico Corvil Analytics pros

Cons

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

"It is complicated, especially in how you interpret the data that it provides. If it had a bit more canned, out-of-the-box features, especially some of the reporting features, that would be more useful."

"The price could improve."

"I haven't come across any features that are lacking."

"New Relic APM is a good tool, and it has a database of failures, but it could use a list of customer-specific failures. New Relic APM should be able to give my company advanced analytics through AI."

"It would help customers if there were an on-premises version available."

"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."

"New Relic APM can improve the information when we dig deeper to check a problem. There should be more detailed information provided."

More New Relic cons

"I have seen errors where the CNE and the CMC haven't synced because of something missing in the CMC, which was there in the CNE. We would get some type of error, but it doesn't actually say what exactly was missing in the CNE."

"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."

"Alerting isn't great... you can only put in one email address in. And that's for all kinds of alerting on the box."

"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."

"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."

"Before I got the Corvil training... one thing that was not very efficient was that every time you had to create a new stream or a new session from within Corvil... you had to tell it what protocol the message is going to come through and how to correlate messages, etc... After I went for the training, they had already added these nice features in the 9.4 version where it could do auto-discovery... Based on the traffic that it has already seen, it could create sessions on the fly."

"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."

"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."

More Pico Corvil Analytics cons

Pricing and Cost Advice

"The solution is priced reasonably. New Relic APM is one of the best products for me because it's economical, so anyone can easily pick it over other solutions and use it."

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

"The pricing is okay comparatively their competitors. The only concern was whether it should be purchased on demand or bring your own license, and which way passes some savings onto the end customers."

"The pricing model is a little confusing for beginners. They find it a little expensive, and if you are using it already, then that is not good."

"I loved this product, but we can no longer afford it, so we dropped it."

"The detection piece of it brings us a big return on investment."

"The pricing and licensing are good if you have an account manager and a partner manager who are looking to help out."

"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

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

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

"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."

"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."

"It is pricey versus its competitors."

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

"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."

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Top Industries

By visitors reading reviews

Educational Organization

46%

Computer Software Company

Financial Services Firm

Manufacturing Company

Financial Services Firm

56%

Computer Software Company

10%

Manufacturing Company

Educational Organization

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

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 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

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Datadog vs New Relic

Compared 9% of the time

Splunk AppDynamics vs New Relic

Compared 5% of the time

Azure Monitor vs New Relic

Compared 5% of the time

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Compared 33% of the time

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Compared 30% of the time

ExtraHop Reveal(x) vs Pico Corvil Analytics

Compared 20% of the time

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Compared 17% of the time

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Product Reports

Buyer's Guide

New Relic

April 2025

Download New Relic product report

Buyer's Guide

Pico Corvil Analytics

April 2025

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 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

Corvil transforms Network Data with speed and precision into the powerful real-time truth. Corvil captures, decodes, reassembles, and enriches vast amounts of data in motion, adding analytics and making the resulting enriched data and IT Operations Analytics available to humans, machines and other systems.

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

April 2025

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