Compare HIRO™ and Electra - May 2022

Shlomi Lavi

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

Electra is more expensive to implement (TCO) than HIRO™, 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:

Arago Vs. Lore

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

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? HIRO™ 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 HIRO™ and Electra by Lore.

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

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

Which software includes more/better features?

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

HIRO™: Workflow.

Electra by Lore: BI & Analytics.

Target customer size

HIRO™'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.