Compare Arimo and Electra - Nov 2022

Shlomi LaviShlomi Lavi / Nov 04, 2022

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Bottom Line: Which is Better - Arimo or Electra?

Electra is more expensive to implement (TCO) than Arimo, and Electra is rated higher (82/100) than Arimo (25/100). Both tools offer the same amount of features.

Looking for the right AI: BI and Analytics solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Arimo Vs. Lore

Arimo: Arimo Behavioral AI™, based on unique distributed deep learning architectures, automatically extracts signals from massive, noisy data.

Lore: Use Salient to collect, search and extract data from contracts to ensure regulatory compliance, automate contract life-cycle management and enhance operational efficiency.

Who is more expensive? Arimo or Electra by Lore?

The real total cost of ownership (TCO) of AI: BI and Analytics software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Arimo and Electra by Lore.

Arimo accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Arimo is rated 4, which is lower than the average cost of AI: BI and Analytics software. Electra by Lore accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Arimo is rated 4, which is lower than the average cost of AI: BI and Analytics software.

Bottom line: Arimo cost is around the same cost of Electra by Lore.

Which software includes more/better features?

We've compared Arimo Vs. Electra based on some of the most important and required AI: BI and Analytics features.

Arimo: Workflow.

Electra by Lore: BI & Analytics.

Target customer size

Arimo's typical customers include: Small, medium and large size businesses, and Electra by Lore's target customer size include: Small, medium and large size businesses.

Arimo

ITQlick rating
(3/5)

Arimo is a behavioural artificial intelligence software designed to create accurate predictive models and increase profits and revenues by using business behavioural data to power predictive use cases.

Categories: AI: BI and Analytics, Predictive analytics, Workflow Management.

Electra by Lore

ITQlick rating
(3/5)

Electra by Lore is an intelligent document analysis software developed to manage contracts and analyze legal teams research.

Categories: BI & Analytics, AI: BI and Analytics.

Compare specifications

Compare features

Arimo: 1 Features

Workflow

Electra by Lore: 1 Features

BI & Analytics
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Arimo
ITQlick rating
3/5
Score
25/100
Pricing
4/10
License pricing
Pricing not available
Functionality
4
Review
Compare
Electra
ITQlick rating
3/5
Score
82/100
Pricing
4/10
License pricing
Pricing not available
Functionality
3
Paxata
ITQlick rating
3/5
Score
89/100
Pricing
4/10
License pricing
Pricing not available
Functionality
3
Review
HIRO™
ITQlick rating
3/5
Score
89/100
Pricing
4/10
License pricing
Pricing not available
Functionality
4
UBIX
ITQlick rating
3/5
Score
85/100
Pricing
4/10
License pricing
Pricing not available
Functionality
3
Review

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.