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IBM Watson for Cyber Security vs LogRhythm SIEM comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Sep 18, 2024

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

IBM Watson for Cyber Security
Ranking in Security Information and Event Management (SIEM)
57th
Average Rating
8.0
Number of Reviews
4
Ranking in other categories
No ranking in other categories
LogRhythm SIEM
Ranking in Security Information and Event Management (SIEM)
9th
Average Rating
8.4
Reviews Sentiment
6.4
Number of Reviews
175
Ranking in other categories
Log Management (13th)
 

Mindshare comparison

As of January 2026, in the Security Information and Event Management (SIEM) category, the mindshare of IBM Watson for Cyber Security is 0.7%, up from 0.2% compared to the previous year. The mindshare of LogRhythm SIEM is 2.6%, down from 3.3% 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 (%)
LogRhythm SIEM2.6%
IBM Watson for Cyber Security0.7%
Other96.7%
Security Information and Event Management (SIEM)
 

Featured Reviews

Elena Stefanovska - PeerSpot reviewer
Sales Account Manager at InTec System
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…
SV
Cyber Security Engineer at Diyar United Company
Provides strong detection capabilities but requires improvements in parsing and stability
I cannot think of any specific features that LogRhythm SIEM can improve upon since it supports a wide variety of major vendors. However, they need to improve their parsing techniques; the tool should understand various devices and present data in a human-readable format. For example, if a personal Android mobile needs to be integrated, LogRhythm SIEM should be able to parse that data effectively. They also need to improve their database of supported devices to cover smaller vendors alongside the major players, allowing for better global reach and usability. I have noticed some problems with parsing errors, event mismatches, and data mismatching, so ensuring accurate parsing and continuous improvement according to device updates are my basic expectations as a detection engineer.

Quotes from Members

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

Pros

"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 customer support is very good."
"The most valuable feature of this product is innovation, where the research and upgrading of technology never ends."
"The correlation engine is extremely valuable because it uses machine learning to process information from the central manager and identifies issues in the network."
"The most valuable feature of LogRhythm for me is the ability to correlate logs throughout many different log sources."
"Overall effectiveness is very good. I like how it is oriented to both analysts and technical support people. It's easily adopted by end users as much as by technologists."
"The artificial intelligence engine."
"It has allowed us to dive deeper into our network and figure out what is going on by parsing logs properly and being able to reduce the time it takes to work cases down from seven days to approximately two days."
"NextGen SIEM's most valuable feature is its user-friendliness."
"The alarm functions have helped us cut down on the manual work. They bubble things up to us instead of our having to go look for stuff. Also, from an operational perspective, day to day, the Case Management functions are really useful for us. They allow us to track what we see in the incidents that we have."
"We should be able to response to threats and gain visibility into our environment that we don't currently have."
 

Cons

"In the future, I would like to see threat intelligence included."
"This is an expensive product, so making it more cost-effective would be an improvement."
"They need to continue to build the AI capabilities."
"The dashboard could improve in IBM Watson for Cyber Security."
"We're still struggling to get a real return on it and finding something that isn't false noise."
"The installation was a bit complex because we are running a virtual infrastructure."
"The initial setup is not so easy because it is quite a process."
"We have run into problems with stability going through upgrade processes. Recently, we have been on the front edge of the upgrade path. When that happens we tend to run into issues either with certain functionality not working after the upgrades or stability issues because of the upgrades."
"Better integration with different services is needed, as there are quite a few platforms that we use that don't integrate very smoothly with LogRhythm."
"I would like to see more integration with more products that are out there within the same security field."
"I would like to see our vulnerabilities counter. We will be using Tenable to fill that void right now."
"One of the challenges of the SIEM for the LogRhythm 7 platform is the amount of time it takes to bring new log sources into the MDI."
 

Pricing and Cost Advice

"The price of this solution should be lower, although I understand why IBM charges a premium price."
"IBM Watson for Cyber Security is very simple to license and is priced well."
"LogRhythm's licensing is based on MPS. There are some add-on features like advanced UEBA, the cloud component for advanced UEBA, and SIEM."
"LogRhythm's pricing and licensing is extremely competitive and it's one of the top three reasons we continue to invest in the platform."
"I would rate the tool's pricing around eight out of ten."
"I would recommend that whatever sales quotes to them upfront, they will probably go up. Because they are probably going to outgrow that very quickly or once they start getting everything into it, they are going to have to move up anyway."
"The product is inexpensive than other tools."
"If you don't have your staff, absolutely look into the co-pilot and factor that into your cost evaluation."
"It costs a great amount, but its pricing is competitive with some of the other vendors. For licensing and support, we pay about 20,000. There are no additional costs or anything like that."
"NextGen SIEM's pricing is moderate."
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Top Industries

By visitors reading reviews
Educational Organization
12%
Performing Arts
10%
Manufacturing Company
10%
Comms Service Provider
10%
Computer Software Company
11%
Government
9%
Manufacturing Company
8%
Financial Services Firm
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business38
Midsize Enterprise38
Large Enterprise83
 

Questions from the Community

Ask a question
Earn 20 points
What is the difference between log management and SIEM?
Rony, Daniel's answer is right on the money. There are many solutions for each in the market, a lot depends upon your ability to manage such tools and your budget. A small operation may be best s...
What needs improvement with LogRhythm NextGen SIEM?
One major area for improvement in LogRhythm SIEM is the lack of volume measurement capability in terms of storage. There is currently no way to determine how much data is being consumed in terms of...
What do you like most about LogRhythm SIEM?
I find LogRhythm's log management capabilities to be beneficial.
 

Also Known As

No data available
LogRhythm NextGen SIEM, LogRhythm, LogRhythm Threat Lifecycle Management, LogRhythm TLM
 

Overview

 

Sample Customers

Information Not Available
Macy's, NASA, Fujitsu, US Air Force, EY, Abbott, HD Supply, SAB Miller, UCLA, Raytheon, Amtrak, Cargill
Find out what your peers are saying about IBM Watson for Cyber Security vs. LogRhythm SIEM and other solutions. Updated: December 2025.
880,435 professionals have used our research since 2012.