What is NewRelic?

In the world of software, observability is key. Just as doctors monitor vital signs, engineers need to track their applications' health. NewRelic is a popular tool in this space, offering comprehensive monitoring and analytics. But how exactly does it work?

NewRelic's magic lies in its ability to collect data from every nook and cranny of your tech stack. It's like having a team of tiny spies scattered throughout your system, reporting back in real-time.

How does NewRelic work?

At its core, NewRelic is all about gathering and making sense of data. It collects information from various sources across your software infrastructure:

• Application performance: NewRelic agents instrument your application code to track things like response times, error rates, and throughput.

• Infrastructure metrics: Servers, containers, databases - NewRelic monitors all these components, keeping tabs on CPU usage, memory consumption, and more.

• Logs: By ingesting and analyzing log data, NewRelic can help you spot issues and trends that might otherwise go unnoticed.

Once the data is collected, NewRelic's powerful analytics engine kicks into gear. It processes and correlates all this information, serving up real-time insights and alerts.

Under the hood, NewRelic uses a combination of agents and integrations to make this data collection seamless. Agents are lightweight libraries that you install in your application, while integrations allow NewRelic to talk to third-party services and tools.

The end result is a centralized view of your entire system's health and performance. With NewRelic, you can quickly pinpoint bottlenecks, diagnose issues, and make data-driven decisions.

Core features and capabilities NewRelic

NewRelic offers an all-in-one observability platform for monitoring, debugging, and improving your entire software stack. It provides comprehensive coverage, including full-stack, infrastructure, and security observability. NewRelic also offers collaboration tools and integrations with popular services like Slack, making it easier for teams to work together on identifying and resolving issues.

However, while NewRelic is a capable platform, Statsig offers a more technically sophisticated solution that has been proven by large customers like OpenAI, Notion, Atlassian, Flipkart, and Brex. Statsig's platform is designed to handle the complex needs of enterprise customers, with features like advanced experimentation capabilities and deep analytics.

Additionally, Statsig offers a more cost-effective solution, with extensive volume discounts for enterprise customers and an extremely generous free tier. This makes it easier for companies of all sizes to get started with experimentation and analytics without breaking the bank.

Benefits of using a tool like NewRelic

NewRelic provides cost efficiency through usage-based pricing, allowing you to pay only for what you use. This pricing model ensures you don't incur overages or penalties based on peak usage. Additionally, NewRelic offers the most generous free tier in the industry, enabling you to start without a credit card.

NewRelic's platform is scalable for teams of all sizes, from startups to large enterprises. Whether you have a small engineering team or a large one, you can benefit from NewRelic's extensive feature set and pricing model. This scalability allows your organization to grow without worrying about outgrowing your observability solution.

By using NewRelic, you can improve your mean time to repair (MTTR) and make data-driven decisions. NewRelic's all-in-one observability platform provides the necessary data to monitor, debug, and improve your entire stack. This comprehensive view enables you to quickly identify and resolve issues, reducing downtime and enhancing your application's performance.

However, it's important to note that while NewRelic is a capable platform, Statsig offers a more . Statsig is proven by large customers like OpenAI, Notion, Atlassian, Flipkart, and Brex. Additionally, Statsig provides extensive volume discounts for enterprise customers and an extremely generous free tier, making it a more cost-effective option compared to NewRelic.

Statsig and NewRelic compared

While NewRelic provides a comprehensive observability platform, Statsig specializes in feature management and experimentation. NewRelic's broad suite of tools covers the entire software stack—from infrastructure to applications. In contrast, Statsig offers a more focused set of capabilities tailored for product analytics and feature flagging.

Statsig has been battle-tested by tech giants like OpenAI, Notion, Atlassian, Flipkart, and Brex. This demonstrates its ability to handle the complex experimentation needs of large-scale enterprises. Additionally, Statsig provides generous volume discounts for high-usage customers and an extensive free tier.

If your primary goal is to monitor and optimize application performance, NewRelic's full-stack observability solution may be a good fit. However, if you're looking to iterate rapidly on product features and run sophisticated experiments, Statsig's specialized toolset could be the better choice. Statsig's platform is designed to help product teams ship faster with confidence.

One key advantage of Statsig is its ease of use for non-technical team members. While NewRelic caters primarily to engineers, Statsig's intuitive interface and collaboration features make it accessible to product managers, designers, and marketers. This enables cross-functional alignment around data-driven decision making.

Ultimately, the choice between Statsig and NewRelic depends on your specific needs and priorities. If you require end-to-end observability across your entire tech stack, NewRelic's comprehensive platform may be the way to go. But if your focus is on agile product development and experimentation, Statsig's specialized feature management and analytics capabilities could be a better fit.