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 #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 173 New Relic reviews

18,652 Views
5,223 Comparison Views

94% willing to recommend

Pico Corvil Analytics

Read 9 Pico Corvil Analytics reviews

2,653 Views
2,414 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 2026).

Buyer's Guide

New Relic vs. Pico Corvil Analytics

April 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

173

Ranking in other categories

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

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 May 2026, in the Network Monitoring Software category, the mindshare of New Relic is 1.4%, down from 2.0% compared to the previous year. The mindshare of Pico Corvil Analytics is 0.6%, up from 0.4% 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

"Constantly seeing the green status of all my servers makes me sleep well at night."

"We were able to integrate with the messaging tool, Slack, which meant that we got notifications whenever something was not quite right."

"It visualizes metrics well and tracks our incoming requests, providing a lot of detail which is useful for troubleshooting."

"New Relic is the best choice because the product has good dashboards, scalability, and environments."

"The breakdown of the response time of different components and getting in-depth details of the slow component are the most valuable features. It is easy to use, and it gets the job done."

"You don't have to go through a list of 500 servers."

"New Relic has been in the business for a while, it offers a wide selection to attach a monitoring mobile app, server, and cloud, and if you want to go with just one product, it fits all your needs."

"New Relic always gets new things done."

More New Relic pros

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

"We're able to quickly drill down and find answers to events that are happening in real-time, using Corvil's analytics tools. That's the feature which is most in the spotlight..."

"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..."

"Corvil is a great tool; it is the only one of the vendors that has 100% visibility into the market data stream."

"Broadly speaking, this solution has reduced incident diagnosis times because it is a tool that we don't have elsewhere."

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

"In the sense that it helps us identify performance issues, it does give us a performance advantage over competitors."

More Pico Corvil Analytics pros

Cons

"The solution should include more detailed reports for SQL database requests."

"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."

"I would like better alerting."

"From a point of view of showing you what to do fine but in terms of showing you what to do with the data infuriatingly unhelpful."

"Compared to their competitors, they are missing some features at the moment."

"The one thing I really wanted to see was to getting more granular with the data, which may be coming in Insights."

"The price needs improvement."

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

More New Relic cons

"There is definitely room for improvement in the reporting. We've tried to use the reporting in Corvil but, to me, it feels like a bolt-on, like not a lot of thought has gone into it. The whole interface where you build reports and schedule them is very clunky."

"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."

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

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

"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 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."

"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."

"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."

More Pico Corvil Analytics cons

Pricing and Cost Advice

"The price of New Relic could improve. It is expensive."

"The price was one of the reasons we chose this solution."

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

"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."

"The pricing is fine."

"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 price depends on how many agents you want."

"If it’s the right tool, it doesn’t matter what it costs because you’re going to get it back many-fold from your productivity."

More New Relic pricing and cost advice

"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."

"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."

"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."

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

"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

Financial Services Firm

15%

Computer Software Company

Manufacturing Company

Outsourcing Company

Financial Services Firm

38%

Computer Software Company

Non Profit

Comms Service Provider

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	65
Midsize Enterprise	50
Large Enterprise	77

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 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?

I have noticed discrepancies between New Relic's documentation and Terraform resources. For example, there have been instances where new features launched in the New Relic UI have not been updated ...

See all answers

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Product Reports

Buyer's Guide

New Relic

April 2026

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Buyer's Guide

Pico Corvil Analytics

April 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

April 2026

Free Report: New Relic vs. Pico Corvil Analytics

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