New Relic vs Pico Corvil Analytics comparison

New Relic and PICO are both solutions in the Network Monitoring Software category. New Relic is ranked #9 with an average rating of 8.2, while PICO is ranked #69. New Relic holds a 1.5% 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

24,526 Views
7,113 Comparison Views

94% willing to recommend

Pico Corvil Analytics

Read 9 Pico Corvil Analytics reviews

3,289 Views
3,059 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: August 2026).

Buyer's Guide

New Relic vs. Pico Corvil Analytics

August 2026

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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

9th

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 (9th), IT Operations Analytics (3rd), Mobile APM (2nd), Cloud Monitoring Software (3rd), AIOps (4th)

Pico Corvil Analytics

Ranking in Network Monitoring Software

69th

Average Rating

9.0

Reviews Sentiment

7.1

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of August 2026, in the Network Monitoring Software category, the mindshare of New Relic is 1.5%, down from 1.9% 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	1.5%
Pico Corvil Analytics	0.6%
Other	97.9%

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

"They instrument up from the bottom to the top – every piece of code - they have a very perfect read of what’s being done, and how long it’s taking."

"The monitoring so far has been good and we are happy with it."

"Before New Relic, dev and ops were separate, and now they’ve come together more and there’s less finger-pointing."

"With our micro-services, we have basic analytics, and it is super simple to set up."

"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."

"This is one of the best tools that I have used."

"The New Relic toolset has become part of our SDLC -- reviewing the changes we made for impact to the production environment."

"New Relic positively impacts my organization by simplifying issue detection, allowing us to focus on what is important and avoid unnecessary searches."

More New Relic pros

"It is a market leader in latency detection and monitoring with extremely precise time stamping even over a wide area."

"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."

"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."

"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."

"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..."

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

"My advice is "Go for it." It's an amazing product."

"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."

More Pico Corvil Analytics pros

Cons

"They are a costly solution and the stability should be better for the price."

"Mobile APP's Performance Monitoring."

"About six months to a year ago, we invested a lot of time automating a lot of our interactions with New Relic. However, their API couldn't do a lot of things, and even getting a list of errors was impossible without scrubbing every application/server manually and checking health conditions yourself."

"A lot of the features for application monitoring and uptime, and alerts for alerting the appropriate people when something goes wrong are not quite there yet."

"The docs in API and dashboards seem to be a little behind and overly verbose, I don’t want to have to jump back and forth."

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

"There are certain scenarios where I feel additional functionalities could enhance New Relic, such as gaining more data about calls."

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

More New Relic cons

"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."

"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."

"Sometimes, when you are saving any configuration and making changes, there are times something is missing. An error comes up, or sometimes there is no error, and the errors are not very straightforward as to the issue."

"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."

"It is perceived as an expensive option, even in the financial services sector."

"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."

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

More Pico Corvil Analytics cons

Pricing and Cost Advice

"Purchasing through the AWS Marketplace was easy. The product is easy to deploy and manage, which is why our company purchased through the AWS Marketplace."

"This is an expensive tool."

"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 price of New Relic APM could be less expensive. We are using the New Relic APM pro account and it is more costly. When compared to competitors the solution's pricing should be much more realistic."

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

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

"This solution required a license and it is better than some other competitors."

"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."

More New Relic pricing and cost advice

"It is pricey versus its competitors."

"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."

"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."

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

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

"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."

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

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Top Industries

By visitors reading reviews

Financial Services Firm

14%

Outsourcing Company

Manufacturing Company

Construction Company

Financial Services Firm

30%

Outsourcing Company

Computer Software 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	79

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

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Product Reports

Buyer's Guide

New Relic

July 2026

Download New Relic product report

Buyer's Guide

Pico Corvil Analytics

July 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 real-time application monitoring and insight into performance bottlenecks. Its customizable dashboards and APM integration provide efficient operational support, while server performance alerts ensure quick issue detection.

New Relic provides comprehensive monitoring of application performance, tracking bottlenecks across databases and front-end components. Users employ it for server and infrastructure monitoring, as well as analyzing key metrics such as CPU and memory usage. The solution's ability to integrate with tools like PagerDuty enhances incident management capabilities. However, users have expressed a need for improvements in query language simplicity, more detailed historical insights, and better mobile app monitoring support.

What are New Relic's most important features?

Real-Time Monitoring: Provides instant visibility into application performance.
Detailed Transaction Tracing: Identifies specific transaction issues quickly.
Error Rate Tracking: Monitors and reports on error occurrences efficiently.
Customizable Dashboards: Tailors dashboard views for specific needs.
APM Integration: Seamlessly integrates with application performance management tools.

What benefits and ROI should be considered?

Operational Efficiency: Quick issue detection reduces downtime.
Improved Debugging: Enhanced error analysis supports rapid problem resolution.
Comprehensive Monitoring: Offers a holistic view of application performance and user behavior.
Incident Management: Integration with incident tools helps streamline responses.
Efficient Alerts: Rapid alert systems ensure timely notifications of issues.

In industries like e-commerce and financial services, New Relic supports application performance monitoring to enhance user experience and system reliability. Organizations leverage its insights for optimizing performance, particularly in server operations and infrastructure management. Its ability to monitor API failures through synthetic monitoring is crucial for maintaining high service levels.

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

August 2026

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