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IBM Watson for Cyber Security vs LogRhythm NextGen SIEM comparison

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Buyer's Guide
IBM Watson for Cyber Security vs. LogRhythm NextGen SIEM
July 2022
Find out what your peers are saying about IBM Watson for Cyber Security vs. LogRhythm NextGen SIEM and other solutions. Updated: July 2022.
622,063 professionals have used our research since 2012.
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"Devo helps us to unlock the full power of our data because they have more than 450 parsers, which means that we can ingest pretty much any type of log data.""The strength of Devo is not only in that it is pretty intuitive, but it gives you the flexibility and creativity to merge feeds. The prime examples would be using the synthesis or union tables that give you phenomenal capabilities... The ability to use a synthesis or union table to combine all those feeds and make heads or tails of what's going on, and link it to go down a thread, is functionality that I hadn't seen before.""Even if it's a relatively technical tool or platform, it's very intuitive and graphical. It's very appealing in terms of the user interface. The UI has a graphically interface with the raw data in a table. The table can be as big as you want it, depending on your use case. You can easily get a report combining your data, along with calculations and graphical dashboards. You don't need a lot of training, because the UI is relatively very intuitive.""The real-time analytics of security-related data are super. There are a lot of data feeds going into it and it's very quick at pulling up and correlating the data and showing you what's going on in your infrastructure. It's fast. The way that their architecture and technology works, they've really focused on the speed of query results and making sure that we can do what we need to do quickly. Devo is pulling back information in a fast fashion, based on real-time events.""Those 400 days of hot data mean that people can look for trends and at what happened in the past. And they can not only do so from a security point of view, but even for operational use cases. In the past, our operational norm was to keep live data for only 30 days. Our users were constantly asking us for at least 90 days, and we really couldn't even do that. That's one reason that having 400 days of live data is pretty huge. As our users start to use it and adopt this system, we expect people to be able to do those long-term analytics.""It's very, very versatile.""The user experience [is] well thought out and the workflows are logical. The dashboards are intuitive and highly customizable.""The most valuable feature is that it has native MSSP capabilities and maintains perfect data separation. It does all of that in a very easy-to-manage cloud-based solution."

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"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.""The customer support is very good."

More IBM Watson for Cyber Security Pros →

"LogRhythm NextGen SIEM covers all our primary security analysis needs. It makes it easier for us to analyze threats and improves our response times. It's a versatile platform that performs queries fast compared to other SIEM solutions.""Currently, we are in the implementation phase. LogRhythm is better than QRadar from the point of view of collecting Windows events. It has a much higher view. You can enable monitoring by default.""NextGen SIEM's best feature is how it presents logs.""I would say the most valuable feature of LogRhythm is that it has built-in UEBA functionality, among other basic Windows packages.""Technical support is very helpful and responsive.""LogRhythm NextGen SIEM is customizable, simple to manage, and there are many features. The solution does not require an expert to be able to use it, anyone can use it.""I have found the Advanced Intelligence Engine has provided the most value to us because we can customize alarms based on our requirements and have created hundreds of alarms that notify different people for different scenarios.""LogRhythm's GUI is easy to explore. We also like other features, such as its integration with other security solutions, log correlation, and the deployment of use cases."

More LogRhythm NextGen SIEM Pros →

Cons
"Some basic reporting mechanisms have room for improvement. Customers can do analysis by building Activeboards, Devo’s name for interactive dashboards. This capability is quite nice, but it is not a reporting engine. Devo does provide mechanisms to allow third-party tools to query data via their API, which is great. However, a lot of folks like or want a reporting engine, per se, and Devo simply doesn't have that. This may or may not be by design.""Technical support could be better.""There is room for improvement in the ability to parse different log types. I would go as far as to say the product is deficient in its ability to parse multiple, different log types, including logs from major vendors that are supported by competitors. Additionally, the time that it takes to turn around a supported parser for customers and common log source types, which are generally accepted standards in the industry, is not acceptable. This has impacted customer onboarding and customer relationships for us on multiple fronts.""An admin who is trying to audit user activity usually cannot go beyond a day in the UI. I would like to have access to pages and pages of that data, going back as far as the storage we have, so I could look at every command or search or deletion or anything that a user has run. As an admin, that would really help. Going back just a day in the UI is not going to help, and that means I have to find a different way to do that.""There's always room to reduce the learning curve over how to deal with events and machine data. They could make the machine data simpler.""Where Devo has room for improvement is the data ingestion and parsing. We tend to have to work with the Devo support team to bring on and ingest new sources of data.""There's room for improvement within the GUI. There is also some room for improvement within the native parsers they support. But I can say that about pretty much any solution in this space.""From our experience, the Devo agent needs some work. They built it on top of OS Query's open-source framework. It seems like it wasn't tuned properly to handle a large volume of Windows event logs. In our experience, there would definitely be some room for improvement. A lot of SIEMs on the market have their own agent infrastructure. I think Devo's working towards that, but I think that it needs some improvement as far as keeping up with high-volume environments."

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"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.""In the future, I would like to see threat intelligence included."

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"It should have some more message monitoring features. It can also have some free message monitoring tools.""I think there is room for improvement because the system is still running on the Windows Server platform. The problem with running on Windows is that it is not that good for scaling and providing for big deployment environments.""The solution is likely not the best option for a smaller organization.""Parsing is totally controlled by LogRhythm and they do not allow any partner or any third-party to handle this part and this is a key challenge on my end.""I don't think the cloud model in LogRhythm is developed enough.""There used to be the ability to create alarms based on message text that was included in LR Version 6.x that has been removed in LogRhythm 7.x, and on that, I would like to see it added back.""The customer support system is time-consuming.""We need to get better training for things like creating code and playlists. The way it's done now takes a long time."

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Pricing and Cost Advice
  • "We have an OEM agreement with Devo. It is very similar to the standard licensing agreement because we are charged in the same way as any other customer, e.g., we use the backroom."
  • "I'm not involved in the financial aspect, but I think the licensing costs are similar to other solutions. If all the solutions have a similar cost, Devo provides more for the money."
  • "Devo is definitely cheaper than Splunk. There's no doubt about that. The value from Devo is good. It's definitely more valuable to me than QRadar or LogRhythm or any of the old, traditional SIEMs."
  • "[Devo was] in the ballpark with at least a couple of the other front-runners that we were looking at. Devo is a good value and, given the quality of the product, I would expect to pay more."
  • "Be cautious of metadata inclusion for log types in pricing, as there are some "gotchas" with that."
  • "Devo was very cost-competitive... Devo did come with that 400 days of hot data, and that was not the case with other products."
  • "Our licensing fees are billed annually and per terabyte."
  • "I like the pricing very much. They keep it simple. It is a single price based on data ingested, and they do it on an average. If you get a spike of data that flows in, they will not stick it to you or charge you for that. They are very fair about that."
  • More Devo Pricing and Cost Advice →

  • "IBM Watson for Cyber Security is very simple to license and is priced well."
  • More IBM Watson for Cyber Security Pricing and Cost Advice →

  • "In the context of our country, the price of this solution is too high."
  • "We did a five-year agreement. We pay close to a quarter of a million dollars for our solution."
  • "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."
  • "The setup and licensing for small and medium size businesses is straightforward, though when it comes to the enterprise it pays to keep in mind the possibility for complications given all the extras and add-ons that may be required."
  • "We work with French-speaking African countries, and it costs more than the average SIEM solution. Also, the pricing isn't too flexible. AlienVault, Splunk, and IBM QRadar are more suitable for customers on a tight budget."
  • "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."
  • "I didn't see the RFP, but I heard that it is more expensive than QRadar. I remember one customer implemented only one QRadar in two sites. It cost them $2 million, I think. Maybe LogRhythm is much higher."
  • "I would rate the pricing 4 out of 5. There are no additional costs to the standard licensing fees."
  • More LogRhythm NextGen SIEM Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Devo, like other vendors, doesn't charge extra for playbooks and automation. That way, you are only paying for the side… more »
    Top Answer:I need more empowerment in reporting. For example, when I'm using Qlik or Power BI in terms of reporting for the… more »
    Top Answer:As I am only a technician, I cannot comment on the price of this solution.
    Top Answer:IBM Watson's website in general could be improved. In the future, I would like to see threat intelligence included.
    Top Answer:Rony, Daniel's answer is right on the money.  There are many solutions for each in the market, a lot depends upon your… more »
    Top Answer:SOAR is integrated with the dashboard that we use for threat management. Because it's all integrated, it is useful for… more »
    Top Answer:I would rate the pricing 4 out of 5. There are no additional costs to the standard licensing fees. The customers… more »
    Comparisons
    Also Known As
    LogRhythm, LogRhythm Threat Lifecycle Management, LogRhythm TLM
    Learn More
    Overview

    Devo is the only cloud-native logging and security analytics platform that releases the full potential of all your data to empower bold, confident action when it matters most. Only the Devo platform delivers the powerful combination of real-time visibility, high-performance analytics, scalability, multitenancy, and low TCO crucial for monitoring and securing business operations as enterprises accelerate their shift to the cloud.

    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.

    LogRhythm’s NextGen SIEM Platform is an award-winning platform in security analytics. With more than 4,000 customers globally, NextGen is an integrated platform that helps security operations teams protect critical infrastructure and information from emerging cyber threats. Ultimately, the platform is an integrated set of modules that contribute to the security team’s fundamental mission: rapid threat monitoring, threat detection, threat investigation, and threat neutralization. This platform is for organizations that require an on-premises solution and offers:

    ● Streamlined workflow

    ● Secure data access

    ● Real-time visibility

    ● A unified user experience

    ● Management customization

    Security information and event management (SIEM) solutions have been evolving for over a decade; their core functionality still acts as the most effective foundation for any organization’s technology stack. A SIEM solution enables an organization to centrally collect data across its entire network environment to gain real-time visibility into activity that may pose a risk to the organization. SIEM technology is there to address threats before they become significant financial risks while simultaneously helping better manage the organization’s assets.

    LogRhythm NextGen SIEM has many key features and capabilities, including:

    High-Performance Log Management: NextGen SIEM offers structured and unstructured search capabilities which allows users to swiftly search across an organization’s vast data to easily find answers, identify IT and security issues, and troubleshoot issues. Users can efficiently process and index terabytes of log data daily.

    Network and Endpoint Monitoring: Forensic sensors allow users to gain deep visibility into endpoint and network activity. Users can see behavioral anomalies and better respond to incidents.

    ● SmartResponse Automation Framework: NextGen SIEM allows users to centrally execute pre-staged actions that automate incident investigatory tasks and responses.

    Automated Machine Analytics: NextGen SIEM’s AI Engine continuously analyzes all collected security incidents and forensic data. Security teams are delivered precise, real-time intelligence about risk-prioritized threats.

    Case and Security Incident Management: NextGen SIEM offers an integrated workflow so that threats don’t slip through the cracks. Collaboration tools help centrally manage and track investigations.

    Benefits to Using LogRhythm NextGen SIEM

    The platform is of great value for security and IT operations. Users have the ability to map their security and IT operations to existing frameworks such as NIST and MITRE ATT&CK.

    ● The platform offers broad integration across security and IT vendors: Users benefit from support for integration with hundreds of security and IT solutions. In turn, this further extends SIEM capabilities and data collection.

    ● The platform provides compliance adherence, enforcement, and reporting: The prebuilt compliance modules automatically detect violations as they occur and remove the burden of manually reviewing audit logs.

    Reviews from Real Users

    LogRhythm NextGen SIEM stands out among its competitors for a number of reasons. Two major ones are its ability to be customized and its quick performance of queries.

    Jason G., a senior cyber security engineer, writes, "I have found the Advanced Intelligence Engine has provided the most value to us because we can customize alarms based on our requirements and have created hundreds of alarms that notify different people for different scenarios."

    Andy W., principal consultant at ITSEC Asia, notes, “LogRhythm NextGen SIEM covers all our primary security analysis needs. It makes it easier for us to analyze threats and improves our response times. It's a versatile platform that performs queries fast compared to other SIEM solutions.”

    Offer
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    See how Devo allows you to free yourself from data management, and make machine data and insights accessible.

    Learn more about IBM Watson for Cyber Security
    Learn more about LogRhythm NextGen SIEM
    Sample Customers
    United States Air Force, Rubrik, SentinelOne, Critical Start, NHL, Panda Security, Telefonica, CaixaBank, OpenText, IGT, OneMain Financial, SurveyMonkey, FanDuel, H&R Block, Ulta Beauty, Manulife, Moneylion, Chime Bank, Magna International, American Express Global Business Travel
    Information Not Available
    Macy's, NASA, Fujitsu, US Air Force, EY, Abbott, HD Supply, SAB Miller, UCLA, Raytheon, Amtrak, Cargill
    Top Industries
    REVIEWERS
    Computer Software Company63%
    Comms Service Provider13%
    Retailer13%
    Insurance Company13%
    VISITORS READING REVIEWS
    Computer Software Company26%
    Comms Service Provider18%
    Government8%
    Financial Services Firm7%
    VISITORS READING REVIEWS
    Computer Software Company32%
    Comms Service Provider18%
    Government8%
    Financial Services Firm5%
    REVIEWERS
    Financial Services Firm26%
    Healthcare Company13%
    Energy/Utilities Company9%
    Manufacturing Company7%
    VISITORS READING REVIEWS
    Computer Software Company26%
    Comms Service Provider19%
    Government8%
    Financial Services Firm6%
    Company Size
    REVIEWERS
    Small Business24%
    Midsize Enterprise18%
    Large Enterprise59%
    VISITORS READING REVIEWS
    Small Business21%
    Midsize Enterprise17%
    Large Enterprise62%
    VISITORS READING REVIEWS
    Small Business26%
    Midsize Enterprise15%
    Large Enterprise59%
    REVIEWERS
    Small Business17%
    Midsize Enterprise22%
    Large Enterprise61%
    VISITORS READING REVIEWS
    Small Business22%
    Midsize Enterprise20%
    Large Enterprise58%
    Buyer's Guide
    IBM Watson for Cyber Security vs. LogRhythm NextGen SIEM
    July 2022
    Find out what your peers are saying about IBM Watson for Cyber Security vs. LogRhythm NextGen SIEM and other solutions. Updated: July 2022.
    622,063 professionals have used our research since 2012.

    IBM Watson for Cyber Security is ranked 30th in Security Information and Event Management (SIEM) with 3 reviews while LogRhythm NextGen SIEM is ranked 6th in Security Information and Event Management (SIEM) with 19 reviews. IBM Watson for Cyber Security is rated 8.0, while LogRhythm NextGen SIEM is rated 8.0. The top reviewer of IBM Watson for Cyber Security writes "An innovative and stable product that is well maintained and always up-to-date". On the other hand, the top reviewer of LogRhythm NextGen SIEM writes "It puts things together and provides the evidence and has good automation and integration capabilities". IBM Watson for Cyber Security is most compared with IBM QRadar, Fortinet FortiSIEM, Elastic Security, Splunk and Microsoft Sentinel, whereas LogRhythm NextGen SIEM is most compared with Splunk, IBM QRadar, Datadog, Elastic Security and ArcSight Enterprise Security Manager (ESM). See our IBM Watson for Cyber Security vs. LogRhythm NextGen SIEM report.

    See our list of best Security Information and Event Management (SIEM) vendors.

    We monitor all Security Information and Event Management (SIEM) reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.