Capture one excels at raw processing, color controls, tethering, multi-recipe output and a host of other things. Cataloging is only average at best. It has two concepts for ingest: "Sessions", which is file system based, is very fast and is designed to be centered around a shooting session or small group of shooting sessions and "Catalog" which is for large groups of images and involves a database library. If you shoot gazillions of images and want to use catalogs, it would probably need to be broken out to a new one once you reach a certain threshold, which I understand to be around 30k images. I come from Aperture, which was excellent.
C1 does do reasonable metadata/key-wording, smart albums, etc. That said, I've been using a combination of Photo Mechanic Plus for ingest, backup, keywording, renaming and cataloging, since catalogs are the purpose of the "Plus". It's extremely fast, it has superb and intuitive search capabilities and can "watch" directories for adding images. This in combination with C1 sessions works very well for me. Obviously many people want a one-application-fits-all but I've always used PM, and using PM Plus was a natural extension for what I do.