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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 April 2026, in the Security Information and Event Management (SIEM) category, the mindshare of IBM Security QRadar is 5.3%, down from 8.8% 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 7.2%, down from 9.8% 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 Security7.2%
IBM Security QRadar5.3%
ManageEngine EventLog Analyzer1.0%
Other86.5%
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

"It has very rich functionality."
"Improves visibility and has a great new dashboard."
"The feature that I have found most valuable is its artificial intelligence component, Watson. Its contribution is pretty good from a machine-learning artificial intelligence perspective. This compliments the orchestration automation component, as well."
"Our primary use case for the solution is providing visibility for what occurs in our security system and IT assets."
"Compared to others, IBM QRadar has the best price-performance ratio so that you are able to reserve minimum costs."
"These features are keeping QRadar on top in Gartner."
"It helped our organization to identify and prevent security attacks."
"The most valuable feature that we found, especially this year, was the ability to build apps over it, as the platform has opened up and we can now customize it as per our needs and requirements and build interactive dashboards and other interesting things around it."
"What I found most useful in ManageEngine EventLog Analyzer is its integration with other ManageEngine applications; it seamlessly integrates throughout the ManageEngine suite, and that's beneficial, and I also like that the solution has chain management capabilities, it has a modular approach, and it's easy to reach the support team."
"The log management has helped to improve my organization."
"The support system is very good."
"The user interface is very good."
"The initial setup was very simple and straightforward, according to our security team."
"ManageEngine EventLog Analyzer is useful for log and alert correlation and is a full-function SIEM solution."
"It's one of the easiest products. It's very simple to use."
"I have made use of technical support and am certainly very satisfied with them."
"It is quite extensible. It is a platform that we can build our use instead of each case instead of each case being limited or restricted to each capability. This is probably the best feature."
"The feature I appreciate the most about Splunk Enterprise Security is Search Processing Language, which has benefited my organization by making searching data a lot easier than other tools I've used."
"One of the most valuable features is threat hunting. We can do threat hunting and identify if there is any malicious activity happening within our environment, which is a key feature for us."
"Our clients use the solution to find any threats or vulnerabilities inside their environment."
"The flexibility of the search capability is most valuable. You can use it for more than just a basic log aggregator. It is powerful in that regard."
"The most valuable feature of Splunk is security information and event management (SIEM), and the solution is easy to use, has useful reports, and a good interface."
"The product has a good security posture."
"The flexibility of the solution is quite good."
 

Cons

"The costing part could be improved."
"Trying to get answers out of IBM is like trying to get blood out of a stone. They need to be more helpful and responsive."
"The only challenge with products like IBM is the EPS. You just have to be really on the events per second, as that's where the cost factor becomes a huge issue."
"IBM technical support is always terrible."
"They keep on adding products based on a simple feature set that they can do real well, but they can't integrate them into the rest of the security economy."
"The advanced planning management (APM) features should be included."
"Sometimes it takes time to load queries, but other than that, it performs excellently."
"They should speed up the incident response and also, at the same time, reduce the amount of manual effort that is required."
"The solution should improve on its log capturing capabilities, the authentication, when a person logs onto a network device."
"The first tier of customer service and support is not great."
"The first tier of customer service and support is not great, and additional upgrades could be included."
"There isn't good security integration when it comes to cybersecurity. The correlation of logs isn't so simple."
"The solution should improve on its log capturing capabilities."
"The scalability is limited."
"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. They could improve the stability."
"There's a lot to improve in terms of connectivity. Currently, we're utilizing it across various infrastructures and environments, including others' cloud. However, connecting it to our infrastructure and integrating it with some of our SMAX solutions poses difficulties."
"They should make data onboarding easier."
"Splunk does not build apps. They only go back and validate the apps that somebody has already built. They should have remote consulting support. They have a wonderful solution. They have 24/7 security. Nobody needs to depend on any third party and will therefore just buy Splunk on the cloud."
"I would like to see ability to master management. In terms of clustering, how it manages clustering needs improvement."
"In the next releases, I would like to see more pricing flexibility."
"It works as intended for us, and we are getting everything that we need out of it. If anything, its initial setup can be improved a bit."
"The main improvement needed in Splunk Enterprise Security is its system visibility after installation."
"Adding custom visualization in Splunk has been improved over the years but can still be made better by integrating more and more JavaScript visualization sources."
"The configuration could be better."
 

Pricing and Cost Advice

"IBM's Qradar is not for small companie. Unfortunately, it would be 'overkill' to place it plainly. The pricing would be too much."
"The solution is priced fairly, there is a license for the solution, and we pay annually."
"It is expensive. It is not a product that I can provide for SMBs. It is a program that I can only provide for really large enterprises."
"Customers have to purchase a license based on the number of users, devices, and applications they want to protect. It allows you to take a license on a subscription basis for three years or five years."
"In terms of additional costs, it depends on the subscription that you choose. There are plenty of options to choose from."
"IBM Security QRadar is a very expensive tool."
"You have a one-time payment, and you also can purchase it for one year as a subscription. We have it on-premise, and we have a permanent license for it. We have to pay for the support on a yearly basis. If you compare its cost with Sentinel for one year, QRadar would seem more expensive, but if you compare its cost over five or ten years, Azure Sentinel will be more expensive than QRadar. If you compare its cost with Sentinel for one year, QRadar would seem more expensive, but if you compare its cost over five or 10 years, Azure Sentinel can be more expensive than QRadar."
"The tool's on-premise version is expensive. However, it is cheaper than Splunk. The hybrid model offers shared instances for customers, which is not expensive. Customers with a limited budget can opt for it. You can get premium support with licenses. However, if you need customized integration, you need to buy it."
"ManageEngine EventLog Analyzer is a low-cost solution. It costs approximately $1,000 per month per server for a perpetual license."
"We paid for the license of the solution and the deployment. The price of ManageEngine EventLog Analyzer is less expensive than other solutions."
"Licensing for ManageEngine EventLog Analyzer is paid yearly."
"There is a yearly subscription for the solution."
"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."
"ManageEngine EventLog Analyzer is expensive. Its licensing costs are annual."
"The price of Splunk Enterprise Security is high."
"The pricing modules could be improved."
"My customers have found the price of the solution to be high."
"Free Splunk license for PoCs on personal machines and the ability to scale the PoC to an enterprise level app."
"Splunk Enterprise Security is expensive but the solution is equipped with a lot of features."
"I would highly recommend anyone evaluating this option to download the free trial which allows for the ingestion of 500MB of data per day in order to get a feel for what Splunk does at its core. It will get pricey once your ingestion rates start to sky rocket, but I would consider it expensive given the amount of information that it allows you to analyze and react on straight out-of-the-box."
"Splunk Enterprise Security is an expensive solution."
"The pricing depends on the bandwidth of an organization and is good compared to some SIEM tools. IBM, for example, is quite costly. But Microsoft Sentinel is notably cheaper."
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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
11%
Manufacturing Company
7%
Construction Company
7%
Computer Software Company
11%
Government
10%
Comms Service Provider
8%
Manufacturing Company
7%
Financial Services Firm
12%
Computer Software Company
9%
Manufacturing Company
9%
Government
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business91
Midsize Enterprise39
Large Enterprise105
By reviewers
Company SizeCount
Small Business4
Midsize Enterprise7
Large Enterprise2
By reviewers
Company SizeCount
Small Business112
Midsize Enterprise50
Large Enterprise267
 

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 do you like most about Splunk?
There are a lot of third-party applications that can be installed.
 

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, Wazuh, IBM and others in Security Information and Event Management (SIEM). Updated: March 2026.
885,789 professionals have used our research since 2012.