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Exabeam vs IBM Watson for Cyber Security vs Splunk Enterprise Security comparison

Exabeam and IBM are both solutions in the Security Information and Event Management (SIEM) category. Exabeam is ranked #20 with an average rating of 7.4, while IBM is ranked #57. Exabeam holds a 1.6% mindshare in SIEM, compared to IBM’s 0.4% mindshare. Additionally, 73% of Exabeam users are willing to recommend the solution, compared to 100% of IBM users who would recommend it.
Exabeam
Read 19 Exabeam reviews
  • 3,892 Views
  • 2,218 Comparison Views
73% willing to recommend
IBM Watson for Cyber Security
Read 4 IBM Watson for Cyber Security reviews
  • 500 Views
  • 465 Comparison Views
100% willing to recommend
Splunk Enterprise Security
Read 366 Splunk Enterprise Security reviews
  • 24,756 Views
  • 12,873 Comparison Views
94% willing to recommend
 

Comparison Buyer's Guide

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Executive Summary
We performed a comparison between Exabeam, IBM Watson for Cyber Security, and Splunk Enterprise Security based on real PeerSpot user reviews.

Find out what your peers are saying about Splunk, Wazuh, Microsoft and others in Security Information and Event Management (SIEM).

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To learn more, read our detailed Security Information and Event Management (SIEM) Report (Updated: September 2025).
Buyer's Guide
Security Information and Event Management (SIEM)
September 2025
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Review summaries and opinions

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

Mindshare comparison

As of September 2025, in the Security Information and Event Management (SIEM) category, the mindshare of Exabeam is 1.6%, up from 1.1% compared to the previous year. The mindshare of IBM Watson for Cyber Security is 0.4%, up from 0.2% compared to the previous year. The mindshare of Splunk Enterprise Security is 9.3%, down from 11.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Security Information and Event Management (SIEM) Market Share Distribution
ProductMarket Share (%)
Splunk Enterprise Security9.3%
Exabeam1.6%
IBM Watson for Cyber Security0.4%
Other88.7%
Security Information and Event Management (SIEM)
 

Featured Reviews

Stephen-Armstrong - PeerSpot reviewer
The SIEM provides a user-friendly UI experience
When events come into the system, the dashboard categorizes them by the highest risk score, not when they appear on the system. When you've got multiple ongoing incidents you can only see the highest risk score at the top of the list rather than the most recent detection. Exabeam's reporting dashboard could have included a filtering option to filter by the most recent detection.
Read full review
Elena Stefanovska - PeerSpot reviewer
Knowledgeable support, reliable, and useful compliance policies
IBM Watson for Cyber Security can be deployed on-premise or in the cloud and it is used as a SIEM solution The most valuable features of IBM Watson for Cyber Security are ease of use and out-of-the-box reports and compliance policies. Additionally, if there are aspects that are missing IBM add…
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Kyle Vernham - PeerSpot reviewer
Built-in searches and unified data access streamline alert investigation and boosts analyst efficiency
The two features I appreciate the most in Splunk Enterprise Security are the built-in searches, which have been very easy for us to get started with right out of the box, and the fact that it accesses all of our other systems. You can access it as a pane of glass rather than having to search individually. We also have the option to compare our analysts from our service to service. Splunk Enterprise Security helps our SOC team prioritize and investigate high-fidelity alerts more effectively by providing a more in-depth look and the ability to access a lot more of our data. Instead of jumping from several segmented systems, it allows us to have everything brought together in one place. For example, you have to move from our purview to our build system and to Splunk Enterprise Security, and it enables us to streamline that process. The built-in features of Splunk Enterprise Security, which we recently procured, have given us a good starting point and demonstrated the value of the product, providing an easy way to sell it to our company. The ease of getting everything into our purview helps us, and it serves as a good start for the investigation part in one location rather than what we usually have, which is jumping from system to system to system. Splunk Enterprise Security plays a role in our company's strategy to combat insider threats and advanced persistent threats by currently being in its technical test phase. We are still rolling it out, and it should help us find any insider threats based on information that our policy states should not be present in our system. Splunk Enterprise Security's risk-based alerting (RBA) has impacted our alert volume and analyst productivity because we've got many different systems feeding into it. However, it has helped to make it easier for our analysts to go through a set of events rather than 100 alerts. RBA allows us to streamline the process and customize it for our analysts. When it comes to leveraging Splunk Enterprise Security's dashboards and visualizations to communicate security posture to executives, it's pretty straightforward for any type of information. The visualization is easy to understand, but I haven't had any direct conversations with our executives.
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Quotes from Members

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

Pros

"The setup is not difficult. It was easy."
"The advanced analytics has a really great overview of user behavior."
"It is user-friendly and quite simple to use."
"The most valuable feature of Exabeam Fusion SIEM is the easy-to-use user interface."
"It's a very user-friendly product and it's a very comprehensive technology."
"Timeline based analysis; good platform support"
"The solution's automation capabilities are great."
"Exabeam is very easy to use, with a straightforward platform and workflow, unlike other tools that require more expertise."
More Exabeam pros
"The customer support is very good."
"The most valuable feature of this product is innovation, where the research and upgrading of technology never ends."
"IBM Watson for Cyber Security is very stable."
"The most valuable features of IBM Watson for Cyber Security are ease of use and out-of-the-box reports and compliance policies. Additionally, if there are aspects that are missing IBM add them in the next release."
"The features of Splunk Enterprise Security that I appreciate the most are its flexibility and scalability."
"An example of how these features benefited my organization is that the mean time to detect compromised accounts from the time that we're able to detect that account and then launch some automation to actually disable the account and work with the end user to fix the issue has gone from taking a couple of days to literally taking two to three minutes."
"Splunk simplifies real-time problem identification and resolution by seamlessly integrating existing customer and vendor systems."
"On average, my security ops team takes fairly quickly to remediate security incidents with Splunk Enterprise Security, depending on the use case, minutes versus hours, compared to my previous solution, which was ArcSight."
"The tool helps with advanced reports and keeps the system scalable and flexible. It provides a clear picture of the current status of any incidents. As a CISO, I see a lot of potential for future innovation, which is interesting. I've noticed better performance, especially with the reports."
"I like the ease of setting up dashboards on Splunk. They're easy to create, manage, alter, and share. You can fine-tune them any way you see fit."
"It's the completeness of the solution that we like the most."
"The graph visualization is the most valuable feature."
More Splunk Enterprise Security pros
 

Cons

"We had a large volume right from the beginning and they weren't quite prepared for that. That's something that they should think about when it comes to customers that have a large volume to start off with."
"Exabeam needs to improve its documentation and provide more customization for dashboards and case management."
"The organzation is rigid and not flexible in the way they operate"
"The customer service and support are not satisfactory."
"The only problem is that the UI is not very impressive."
"Exabeam's reporting dashboard could have included a filtering option to filter by the most recent detection."
"Updating the new release of Exabeam Fusion SIEM takes time and slows our performance."
"They should provide detailed information about detecting phishing emails."
More Exabeam cons
"In the future, I would like to see threat intelligence included."
"They need to continue to build the AI capabilities."
"This is an expensive product, so making it more cost-effective would be an improvement."
"The dashboard could improve in IBM Watson for Cyber Security."
"Enterprise security: Splunk must work on clarifying the solution to customers and explain how to gain more from it."
"The Web Application Firewall will send you too much information because it's more dedicated to security than a normal firewall."
"This is a costly solution."
"One of the improvement points that Enterprise Security could offer is on-prem training, the availability to have a Splunk representative come out to different sites and actually sit down with the organizations and help them understand."
"There's been a big push for SBC compute over the ingestion model, which will hamper us."
"Our two main complaints are about the difficulty of the initial setup and the licensing model."
"It would be great if I could have a certain dialogue box in Splunk that uses innovative AI tools like ChatGPT, which are available now in the tech department."
"This solution could be improved by better pricing in general and by easier installation."
More Splunk Enterprise Security cons
 

Pricing and Cost Advice

"The solution is expensive."
"The platform is not extremely expensive compared to its direct competitors; I would rate its pricing around six out of ten."
"They have a great model for pricing that can be based either on user count or gigabits per day."
"Exabeam is not a cheap solution."
"Exabeam Fusion SIEM's pricing is reasonable."
"There is an annual license required to use Exabeam Fusion SIEM. The price of the solution should be reduced."
"IBM Watson for Cyber Security is very simple to license and is priced well."
"The price of this solution should be lower, although I understand why IBM charges a premium price."
"Be upfront about your needs and expectations. Splunk is great to work with."
"I think we recently switched to the SVC pricing compared to the ingest pricing."
"Most people share the same thought that the ingestion rates can get pretty pricey. There is a lot of work we do to curate the data that we send to Splunk so that it is not too noisy or too expensive."
"Splunk Enterprise Security is expensive but the solution is equipped with a lot of features."
"Although Splunk is an expensive product, it is designed to be utilized across your organization in order to maximize your ROI and lower your TCO."
"Splunk Enterprise Security is not at all cost-friendly to be deployed in very small enterprises like start-ups."
"The pricing can be better. We are already considering Elastic because Splunk is too expensive. You have to pay based on per-day ingestion. There should be a more flexible model for the use cases where one day you have a huge amount, and on other days, it is quite less."
"Splunk Enterprise Security is expensive. I would rate the cost an eight out of ten with ten being the most expensive."
More Splunk Enterprise Security pricing and cost advice
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Comparison Review

VS
Feb 26, 2015
HP ArcSight vs. IBM QRadar vs. ​McAfee Nitro vs. Splunk vs. RSA Security vs. LogRhythm
We at Infosecnirvana.com have done several posts on SIEM. After the Dummies Guide on SIEM, we are following it up with a SIEM Product Comparison – 101 deck. So, here it is for your viewing pleasure. Let me know what you think by posting your comments below. The key products compared here are…
Read full review
 

Top Industries

By visitors reading reviews
Financial Services Firm
12%
Computer Software Company
12%
Manufacturing Company
9%
Government
7%
No data available
Computer Software Company
14%
Financial Services Firm
14%
Manufacturing Company
8%
Government
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business12
Midsize Enterprise3
Large Enterprise7
No data available
By reviewers
Company SizeCount
Small Business109
Midsize Enterprise49
Large Enterprise255
 

Questions from the Community

What are the biggest differences between Securonix UEBA, Exabeam, and IBM QRadar?
It mostly depends on your use-cases and environment. Exabeam and Securonix have a stronger UEBA feature set, friendli...
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What is your experience regarding pricing and costs for Exabeam Fusion SIEM?
I do not have much information about the pricing. However, I am aware that Exabeam is cheaper than Palo Alto based on...
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What needs improvement with Exabeam Fusion SIEM?
We use the on-prem Exabeam product and face limitations using the web UI and administration of custom models and rule...
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Earn 20 points
What SOC product do you recommend?
For tools I’d recommend: -SIEM- LogRhythm -SOAR- Palo Alto XSOAR Doing commercial w/o both (or at least an XDR) is a...
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What is a better choice, Splunk or Azure Sentinel?
It would really depend on (1) which logs you need to ingest and (2) what are your use cases Splunk is easy for ingest...
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How does Splunk compare with Azure Monitor?
Splunk handles a high amount of data very well. We use Splunk to capture information and as an aggregator for monitor...
See all answers
 

Comparisons

Splunk User Behavior Analytics vs Exabeam Logo
Splunk User Behavior Analytics vs Exabeam
Compared 8% of the time
Microsoft Sentinel vs Exabeam Logo
Microsoft Sentinel vs Exabeam
Compared 6% of the time
Microsoft Purview Insider Risk Management vs Exabeam Logo
Microsoft Purview Insider Risk Management vs Exabeam
Compared 5% of the time
LogRhythm SIEM vs Exabeam Logo
LogRhythm SIEM vs Exabeam
Compared 5% of the time
Gurucul UEBA vs Exabeam Logo
Gurucul UEBA vs Exabeam
Compared 5% of the time
More Exabeam Competitors
IBM Security QRadar vs IBM Watson for Cyber Security Logo
IBM Security QRadar vs IBM Watson for Cyber Security
Compared 51% of the time
Logsign Next-Gen SIEM vs IBM Watson for Cyber Security Logo
Logsign Next-Gen SIEM vs IBM Watson for Cyber Security
Compared 30% of the time
More IBM Watson for Cyber Security Competitors
IBM Security QRadar vs Splunk Enterprise Security Logo
IBM Security QRadar vs Splunk Enterprise Security
Compared 8% of the time
Dynatrace vs Splunk Enterprise Security Logo
Dynatrace vs Splunk Enterprise Security
Compared 7% of the time
Wazuh vs Splunk Enterprise Security Logo
Wazuh vs Splunk Enterprise Security
Compared 7% of the time
Datadog vs Splunk Enterprise Security Logo
Datadog vs Splunk Enterprise Security
Compared 5% of the time
Security Onion vs Splunk Enterprise Security Logo
Security Onion vs Splunk Enterprise Security
Compared 4% of the time
More Splunk Enterprise Security Competitors
 

Product Reports

Buyer's Guide
Exabeam
September 2025
Exabeam reportDownload Exabeam product report
Buyer's Guide
Security Information and Event Management (SIEM)
September 2025
IBM Watson for Cyber Security reportDownload IBM Watson for Cyber Security product report
Buyer's Guide
Splunk Enterprise Security
August 2025
Splunk Enterprise Security reportDownload Splunk Enterprise Security product report
 

Overview

Exabeam Fusion is a cloud-delivered solution that that enables you to:

-Leverage turnkey threat detection, investigation, and response
-Collect, search and enhance data from anywhere
-Detect threats missed by other tools, using market-leading behavior analytics
-Achieve successful SecOps outcomes with prescriptive, threat-centric use case packages
-Enhance productivity and reduce response times with automation
-Meet regulatory compliance and audit requirements with ease

Exabeam
Watson for cyber security can draw security intelligence from millions of security blogs, online forums and white papers - so you can see threats unseen by other systems.
IBM

Splunk Enterprise Security delivers powerful log management, rapid searches, and intuitive dashboards, enhancing real-time analytics and security measures. Its advanced machine learning and wide system compatibility streamline threat detection and incident response across diverse IT environments.

Splunk Enterprise Security stands out in security operations with robust features like comprehensive threat intelligence and seamless data integration. Its real-time analytics and customizable queries enable proactive threat analysis and efficient incident response. Integration with multiple third-party feeds allows detailed threat correlation and streamlined data visualization. Users find the intuitive UI and broad compatibility support efficient threat detection while reducing false positives. Despite its strengths, areas such as visualization capabilities and integration processes with cloud environments need enhancement. Users face a high learning curve, and improvements in automation, AI, documentation, and training are desired to maximize its potential.

What Are the Key Features of Splunk Enterprise Security?
  • Log Management: Efficiently manages and organizes a vast amount of logs for better data handling.
  • Rapid Data Search: Quickly retrieves relevant data for fast decision-making.
  • Flexible Dashboards: Customizable dashboards provide clear data visualization.
  • Comprehensive Threat Intelligence: Offers detailed insights to preemptively defend against threats.
  • Real-Time Analytics: Analyzes data in real-time to enhance response times.
  • Integration with Third-Party Feeds: Streamlines information flow from multiple sources.
What Benefits Should Users Investigate in Reviews?
  • Efficient Incident Response: Enhances the ability to respond promptly to threats.
  • False Positive Reduction: Minimizes incorrect threat alarms, making monitoring more efficient.
  • Threat Detection Speed: Accelerates the identification and evaluation of security threats.
  • Cost-Effectiveness: Potential savings through better licensing options and operational efficiency.
  • User Adaptability: Enhancements in documentation and training resources aid in overcoming the learning curve.

In specific industries like finance and healthcare, Splunk Enterprise Security is instrumental for log aggregation, SIEM functionalities, and compliance monitoring. Companies leverage its capabilities for proactive threat analysis and response, ensuring comprehensive security monitoring and integration with various tools for heightened operational intelligence.

Splunk
 

Sample Customers

Hulu, ADP, Safeway, BBCN Bank
Information Not Available
Splunk has more than 7,000 customers spread across over 90 countries. These customers include Telenor, UniCredit, ideeli, McKenney's, Tesco, and SurveyMonkey.
Buyer's Guide
Security Information and Event Management (SIEM)
September 2025
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