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AWS Secrets Manager vs IBM HashiCorp Security Lifecycle Management comparison

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Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

AWS Secrets Manager
Ranking in Secrets Management Tools
3rd
Average Rating
9.0
Reviews Sentiment
6.8
Number of Reviews
17
Ranking in other categories
Enterprise Password Managers (3rd)
IBM HashiCorp Security Life...
Ranking in Secrets Management Tools
8th
Average Rating
7.6
Reviews Sentiment
4.8
Number of Reviews
2
Ranking in other categories
Identity and Access Management as a Service (IDaaS) (IAMaaS) (25th), Certificate Management Software (9th)
 

Featured Reviews

Mahadev Metre - PeerSpot reviewer
Dev Ops Engineer at Paydoh
Consistent security and efficiency improvements optimize IT infrastructure with effective management
When creating AWS Secrets Manager, it should be automated using tools such as Terraform, Puppet, or Ansible. With Terraform code, you specify the encryption key, secret name, rotation policy, and secret replication. Human error occurs when feeding secret values manually, especially with large amounts of secrets to input. Secrets should never be protected only by IAM. They should be protected by multiple layers, such as IAM and one or two KMS keys. Additional security measures could be beneficial if necessary. The rotation policy is crucial because some secrets may become obsolete, require updates, or get compromised. With a weekly rotation policy, if unauthorized access occurs, the exposure is limited to seven days. The rotation policy can be customized according to needs.
reviewer2890770 - PeerSpot reviewer
Developer at a healthcare company with 1,001-5,000 employees
Centralized secrets have improved CI/CD security and now streamline credential rotation
IBM HashiCorp Security Lifecycle Management can be improved in that initial setup and policy configuration can take some time, especially for teams that are new to Vault and its concepts. I would also appreciate simpler administration and more straightforward troubleshooting because some configuration issues can require digging through logs and documentation. I would also improve the user experience around monitoring and day-to-day administration in IBM HashiCorp Security Lifecycle Management. Some tasks are quite straightforward once you understand the platform, but the learning curve can be higher for new team members. Better guided workflows with clearer error messages would help. One area I would improve in IBM HashiCorp Security Lifecycle Management is the overall reporting and visibility experience. It would be useful to have more out-of-the-box dashboards for access patterns, policy compliance, and secret life status without needing as much customization.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"Secrets Manager helps in retrieving the enrollment variables used by the code."
"The most valuable feature is security."
"All our workloads are running on AWS, so integration with our workload is much easier on AWS Secrets Manager than going with another solution such as Thycotic."
"I would recommend everyone to use AWS Secrets Manager for their security and for storing their passwords, because I see that passwords nowadays are easily compromised."
"The API is fine and works well."
"Overall, this is a good product, we are satisfied with the support, and I recommend it."
"The product is easy to use and is inexpensive."
"The most valuable feature of AWS Secrets Manager is the ability to keep data secret and assign access permissions to people to grant or restrict access."
"IBM HashiCorp Security Lifecycle Management has positively impacted our organization by reducing the amount of sensitive credentials being stored directly in the application code and configuration files."
"My main use case for IBM HashiCorp Security Lifecycle Management is service discovery."
 

Cons

"There is room for improvement in the pricing model."
"If you don't have enterprise support, then you will not be able to get through to them to get the help. It is not only applicable to AWS Secrets Manager. It is also applicable to any service on AWS."
"The solution's initial setup process is complicated."
"We occasionally have problems with rate limits, although that is a problem more generally with AWS."
"We contacted AWS support and waited approximately an hour for assistance."
"The only concern with AWS Secrets Manager is its cost, which can be prohibitive for small organizations."
"An area for improvement in AWS Secrets Manager could be expanding integration options beyond AWS services."
"There is room for improvement in terms of integrating with certain other platforms."
"IBM HashiCorp Security Lifecycle Management can be improved in that initial setup and policy configuration can take some time, especially for teams that are new to Vault and its concepts."
 

Pricing and Cost Advice

"We've observed that AWS Secrets Manager pricing is based on a per-secret-per-month model. As a result, we prefer to divide our secrets into individual pieces to increase security and grant specific access permissions to certain secrets, systems, or individuals. However, this approach results in higher costs. Therefore, we have been exploring ways to combine our secrets into groups to reduce expenses and simplify management. Nonetheless, we acknowledge that this issue may not be related to the secret manager's functionality."
"The cost is somewhat high."
"We purchase a monthly license for the product."
"I don't believe there is a license cost for the solution."
"The solution is expensive."
Information not available
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Top Industries

By visitors reading reviews
Financial Services Firm
12%
Comms Service Provider
9%
Manufacturing Company
8%
Computer Software Company
7%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business8
Large Enterprise10
No data available
 

Questions from the Community

Which is better - Azure Key Vault or AWS Secrets Manager?
Azure Key Vault is a SaaS solution. You can easily store passwords and secrets securely and encrypt them. Azure Key Vault is a great solution to ensure you are compliant with security and governanc...
Which is better - HashiCorp Vault or AWS Secrets Manager?
HashiCorp Vault was designed with your needs in mind. One of the features that makes this evident is its ability to work as both a cloud-agnostic and a multi-cloud solution. As a cloud-agnostic sol...
What needs improvement with AWS Secrets Manager?
AWS Secrets Manager could not be better because there has been no frustration with the product.
What is your primary use case for IBM HashiCorp Security Lifecycle Management?
My main use case for IBM HashiCorp Security Lifecycle Management is service discovery. In my past projects at ACV Auctions, I used it for service discovery when working with Apple on a trace and tr...
What advice do you have for others considering IBM HashiCorp Security Lifecycle Management?
As a staff software engineer, my day-to-day role involves coding and managing the team. Most of the time I am coding and managing the team.
 

Overview

 

Sample Customers

Autodesk, Clevy, Stackery
Information Not Available
Find out what your peers are saying about AWS Secrets Manager vs. IBM HashiCorp Security Lifecycle Management and other solutions. Updated: September 2026.
915,341 professionals have used our research since 2012.