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IBM Security QRadar vs ManageEngine EventLog Analyzer vs Splunk Enterprise Security comparison

 

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:
 

Mindshare comparison

As of May 2026, in the Security Information and Event Management (SIEM) category, the mindshare of IBM Security QRadar is 5.2%, down from 8.2% compared to the previous year. The mindshare of ManageEngine EventLog Analyzer is 1.0%, up from 0.9% compared to the previous year. The mindshare of Splunk Enterprise Security is 7.1%, down from 9.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Security Information and Event Management (SIEM) Mindshare Distribution
ProductMindshare (%)
Splunk Enterprise Security7.1%
IBM Security QRadar5.2%
ManageEngine EventLog Analyzer1.0%
Other86.7%
Security Information and Event Management (SIEM)
 

Featured Reviews

HarshBhardiya - PeerSpot reviewer
SOC Engineer at a outsourcing company with 10,001+ employees
Have managed daily asset and alert monitoring effectively but have encountered limitations with manual processes and interface usability
It's still very manual and doesn't work on its own. It's still in an early stage and not on par where we can consider it a really successful detection system. The accuracy is not there. The UI could be better when compared to Sentinels where we can use flags and tagging. It could be much more user-friendly. IBM Security QRadar has all features and is fully competitive with other SIEM tools, but when it comes to user-friendliness, a new user takes time to get used to it. More intuitive, user-friendly interfaces and more helpful documentation would be beneficial. The query searching and data fetching could be faster. In large to very large organizations with around 5,000 or 6,000 assets or beyond, even with proper configurations and RAM and hardware backing up, the query is fairly slow.
Md Abdul Hakim - PeerSpot reviewer
System Engineer at Corporate Projukti Limited
Efficient log management enhances activity monitoring despite VPN user issue
Last month, we faced an issue with a Hawaiian VPN user activity. It's like a Fortinet device configured for VPN users. When a VPN user logs in, it doesn't really capture the time before this. If you're testing with existing or new device integration, then the product will be good in the market.
Sathis-Kumar - PeerSpot reviewer
Senior Manager at Bank of America
Helps us detect cyber threats quickly and integrate multiple feeds effectively
Overall, the product is good, but when it comes to some infrastructure issues, we have to dig into more logs. There is no straightforward indication of an issue. Health check kind of dashboards are not available. More AI would help us, and more optimization, since security products run more queries. The AI module could suggest solutions, optimizing queries or workload balancing. If the product itself advises on running queries during peak times, it would be similar to what ChatGPT currently offers. We see quite a few issues on stability. Even last week, we faced something, and identifying bottlenecks is not easy. We need more SMEs, and there is no mechanism to tell us about indexer or search head issues. Self-monitoring dashboards could be beneficial. The technical support still requires more improvement. Often, primary support takes a lot of time and forwards most solutions to the engineering side. The primary support team has very limited knowledge to provide.

Quotes from Members

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

Pros

"We pay a little bit extra for Watson, and the Watson feature enables the analyst to go through and triage things much faster."
"It provides many options for searching. I can see devices from different vendors, like Cisco, in one interface, which is good for me."
"It is a bit easier to use than other products, such as Splunk or ELK Elasticsearch."
"The most valuable thing about QRadar is that you have a single window into your network, SIEM, network flows, and risk management of your assets. If you use Splunk, for instance, then you still need a full packet capture solution, whereas the full packet capture solution is integrated within QRadar. Its application ecosystem makes it very powerful in terms of doing analysis."
"If you are a customer who wants to have an easy tool and save time and resources, definitely go for QRadar."
"It has improved comprehensive visibility for what is going on in the perimeters, and on the inside, as well."
"All in all, it's a good solution."
"It is really helpful to us from the compliance point of view."
"The reporting features are noteworthy, as they provide templates that streamline the process of generating reports"
"The log management has helped to improve my organization."
"ManageEngine EventLog Analyzer is easy to gather reports to give to management. My supervisor has access to the solution and he enjoys the graphs."
"The tool's reports show activities."
"Our primary use case for this solution is detecting issues to provide customers with information."
"The user interface is very good."
"The initial setup is straightforward"
"It is stable."
"It is quite extensible; it is a platform where we can build our use cases instead of each case being limited or restricted to each capability, which is probably the best feature."
"The ability to manage large amounts of generated data and to protect all devices from unauthorized use are the most valuable features."
"Splunk's strength lies in its single-page view."
"Correlating data across different systems via one interface will allow you to know your environment or identify incident data in ways you never imagined."
"You can integrate Splunk with third-party security automation solutions and set rules for automatic response."
"The product is generally stable and forgiving."
"The product is pretty good, we are pretty satisfied with it, and it does what it does."
"Splunk Enterprise Security is amazing."
 

Cons

"QRadar log integration of various applications can be a tough job at times. There may be occasions when you will not find any QRadar guide on adding logs of a particular application. Even if you come across one, adding a log process is not an easy one."
"The solution is not as flexible as Splunk."
"There could be better integration with the solution."
"Maybe there should be more custom rules in the exchange. Basically, we are using a lot of threat rules, so maybe they'll develop something like that."
"Although QRadar provides incident management of the alerts it produces, this area could use a little improvement to allow more restrictions on who can close alerts and easily updating alerts with and reading text templates."
"The playbook guide which specifies the rules for security use cases needs to be provided to support in case the organization needs help."
"Out of the box, it's just not one of those things that I leverage as a single source of truth regarding the user behavior analytics aspect of it."
"Do your research before implementing it, because it is tough to implement."
"What I'd like to see as an improvement to ManageEngine EventLog Analyzer is for it to be more AI-driven."
"The solution should improve on its log capturing capabilities."
"The customization of reports could be a lot easier. It is not difficult but it could be made easier."
"There isn't good security integration when it comes to cybersecurity. The correlation of logs isn't so simple."
"Last month, we faced an issue with a Hawaiian VPN user activity. It's like a Fortinet device configured for VPN users."
"The customization of reports could be a lot easier. It is not difficult but it could be made easier."
"The first tier of customer service and support is not great, and additional upgrades could be included."
"The solution is stable. However, there are limits. For example, we can do 2,500 Syslog events per second, but if we want to do more we have to install the distributor structure, and then we can expand how many events we can do."
"Their technical support sucks."
"The analytics of Splunk could be improved."
"Although the technical support is adequate, there is still room for improvement."
"Splunk Enterprise Security should provide a better and richer integration."
"During my experience with Splunk Enterprise Security, I have faced some significant challenges, particularly with customers adapting from version 7 to version 8."
"Splunk could be improved by reducing the cost. The cost is one of the biggest challenges for us in keeping to our production requirements."
"Index performance is a bit slow but this is partly due to the huge volumes of data for our industry within our environment."
"The upgrading process could be smoother."
 

Pricing and Cost Advice

"The solution is priced fairly, there is a license for the solution, and we pay annually."
"The maintenance costs are high."
"As for licensing costs, I haven't seen the exact figures, but it is considered somewhat costly. On a scale from one to ten, where one is very expensive and ten is very cheap, I would rate it a six—it’s costly but worth the money."
"Its price is good in terms of efficiency and the number of people required for implementing various things. You might pay more in terms of money, but you might save on the number of people. For example, if you are using Kibana, you have to pay more for people or experts, which is not the case with IBM QRadar."
"The pricing is higher but cheaper than others and there are no additional costs."
"IBM's Qradar is not for small companie. Unfortunately, it would be 'overkill' to place it plainly. The pricing would be too much."
"The price could be better. I bought a subscription for three years."
"Our licensing costs for this solution is on a yearly basis."
"Licensing for ManageEngine EventLog Analyzer is paid yearly."
"There is a yearly subscription for the solution."
"We paid for the license of the solution and the deployment. The price of ManageEngine EventLog Analyzer is less expensive than other solutions."
"ManageEngine EventLog Analyzer is expensive. Its licensing costs are annual."
"ManageEngine EventLog Analyzer is a low-cost solution. It costs approximately $1,000 per month per server for a perpetual license."
"There is a license required for these solutions. The customer can choose the license type, such as an annual license purchase or a perpetual license. If the customer wants maintenance they will have to pay annually."
"Pricing is pretty fair."
"The subscription is monthly."
"The price of Splunk Enterprise Security is high."
"The pricing model is based on the number of gigabytes that you ingest into the Splunk system. So it can be an expensive solution."
"The price of Splunk Enterprise Security is reasonable, falling somewhere in the middle range."
"I remember Splunk being relatively affordable. Kibana was more reasonable, but you get more with Splunk. If I was suggesting something, I would probably suggest Splunk because it is better to pay a little bit more and get a lot more."
"In terms of pricing, I believe Splunk is unreasonably costly for the majority of mid and small-sized companies."
"It is economical than other solutions."
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Comparison Review

VS
Manager, Enterprise Risk Consulting at a tech company with 1,001-5,000 employees
Jun 28, 2015
Qradar vs. ArcSight
Continuing with the SIEM posts we have done at Infosecnirvana, this post is a Head to head comparison of the two Industry leading SIEM products in the market – HP ArcSight and IBM QRadar Both the products have consistently been in the Gartner Leaders Quadrant. Both HP and IBM took over niche SIEM…
 

Top Industries

By visitors reading reviews
Financial Services Firm
11%
Computer Software Company
10%
Manufacturing Company
7%
Construction Company
7%
Computer Software Company
10%
Government
10%
Comms Service Provider
8%
Manufacturing Company
6%
Financial Services Firm
14%
Manufacturing Company
9%
Computer Software Company
9%
Comms Service Provider
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business92
Midsize Enterprise39
Large Enterprise106
By reviewers
Company SizeCount
Small Business4
Midsize Enterprise7
Large Enterprise3
By reviewers
Company SizeCount
Small Business119
Midsize Enterprise51
Large Enterprise270
 

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...
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...
What is your experience regarding pricing and costs for IBM Security QRadar?
Pricing and the license of EPS were managed by the governance team. I was not responsible for managing those. I was s...
What do you like most about ManageEngine EventLog Analyzer?
The reporting features are noteworthy, as they provide templates that streamline the process of generating reports
What needs improvement with ManageEngine EventLog Analyzer?
Last month, we faced an issue with a Hawaiian VPN user activity. It's like a Fortinet device configured for VPN users...
What is your primary use case for ManageEngine EventLog Analyzer?
I find this solution useful for IT devices as a live stream to work with Syshun, serving as both the router and the t...
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...
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...
What needs improvement with Splunk?
I would say that the AI component of Splunk Enterprise Security should be improved. The AI and automation features ca...
 

Also Known As

IBM QRadar, QRadar SIEM, QRadar UBA, QRadar on Cloud, IBM QRadar Advisor with Watson
EventLog Analyzer
No data available
 

Overview

 

Sample Customers

Clients across multiple industries, such as energy, financial, retail, healthcare, government, communications, and education use QRadar.
Moody National Bank, EnCircle, Goldleaf Financial Solutions, Inc, IBM, Ernst & Young, Micro Linear, Silverbeck-Rymer Solicitors, Provincial Court of British Columbia, Eleventh Judicial Circuit of Florida, OGILVY & MATHER, E! Entertainment, Tribune-Review Publishing Co.
Splunk has more than 7,000 customers spread across over 90 countries. These customers include Telenor, UniCredit, ideeli, McKenney's, Tesco, and SurveyMonkey.
Find out what your peers are saying about Splunk, IBM, Wazuh and others in Security Information and Event Management (SIEM). Updated: April 2026.
895,151 professionals have used our research since 2012.