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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)
56th
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
8.2
Reviews Sentiment
6.4
Number of Reviews
176
Ranking in other categories
Log Management (13th)
 

Mindshare comparison

As of February 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 3.2% 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

"The customer support is very good."
"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 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."
"Our clients enjoy having one dashboard to monitor their environments in real time."
"The content in the community is very helpful and useful for new users."
"It seems like it will scale easily with the way our environment is set up."
"The correlation engine is extremely valuable because it uses machine learning to process information from the central manager and identifies issues in the network."
"SOAR is integrated with the dashboard that we use for threat management. Because it's all integrated, it is useful for us when we deploy something on-prem."
"LogRhythm's dashboard is very good compared to other SIEM solutions since it shows many details."
"In general, the visibility of events and advanced analysis of events are good."
"The most useful feature that I've found so far is the search function. I like all the different ways you're able to search through metadata and the different ways you're able to correlate or search through logs to find out what's going on."
 

Cons

"In the future, I would like to see threat intelligence included."
"They need to continue to build the AI capabilities."
"The dashboard could improve in IBM Watson for Cyber Security."
"This is an expensive product, so making it more cost-effective would be an improvement."
"Scalability misses the mark sometimes, especially when you have an integrated disaster recovery built into the solution."
"Scalability-wise, it's not that great."
"The product's stability needs improvement."
"I would like to see more integration with more products that are out there within the same security field."
"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."
"It is a product that is very hard to use."
"We're still struggling to get a real return on it and finding something that isn't false noise."
"There is room for improvement with separate running sources or better integration."
 

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."
"On a scale of one to ten, where one is low, and ten is high, I rate the pricing between six and seven."
"The support which allows more customized to the environment when we are deploying new systems is called Professional Service and is very expensive. The technical annual support and there is an annual fee."
"It is a very cost-effective solution."
"On a scale of one to ten, I'd rate the pricing of this solution as a seven - not too expensive but not cheap either. Regarding licensing costs, it varies depending on factors like being a partner or an end user, but there are no additional costs aside from standard licensing fees for the basic SIEM solution."
"Look closely at the cost of licensing of other products. This should include setups and the need for support services. I did a RFQ to 2 other vendors before choosing this product."
"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."
"If you don't have your staff, absolutely look into the co-pilot and factor that into your cost evaluation."
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Top Industries

By visitors reading reviews
No data available
Computer Software Company
10%
Government
8%
Financial Services Firm
7%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business39
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?
LogRhythm SIEM could learn from Wazuh, as Wazuh has a built-in mechanism that allows you to write custom scripting and scripts through languages that Wazuh can then trigger, which is somewhat bette...
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: February 2026.
882,594 professionals have used our research since 2012.