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I'm looking into using a performance and monitoring tool for my web application hosted on Azure.

I was wondering what the main differences are between Microsoft's Application Insights and New Relic?

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Azure Applications Insights does not provide free trial whereas New Relic does. 

New Relic has better usage in more website categories. Azure Application Insights has been unable to surpass New Relic. 

Insights is richer and has open sourced SDKs. Click here It developer-centric approach. Click here

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