Compare Electra and HIRO™ - May 2022

Shlomi Lavi

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Bottom Line: Which is Better - Electra or HIRO™?

HIRO™ is more expensive to implement (TCO) than Electra, and HIRO™ is rated higher (89/100) than Electra (82/100). 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:

Lore Vs. Arago

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

Arago: HIRO receives tasks to automate directly via APIs from your software systems and converts these into automation tasks.

Who is more expensive? Electra by Lore or HIRO™?

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 Electra by Lore and HIRO™.

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

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

Which software includes more/better features?

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

Electra by Lore: BI & Analytics.

HIRO™: Workflow.

Target customer size

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