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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 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."
"The customer support is very good."
"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."
"The user interface is good."
"We use this solution to examine disparate log sources and provide a cohesive method to search for anomalous behavior."
"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."
"I like LogRhythm's ease of use. The solution has improved compared to previous versions. It had many issues before, like integration, the console, creating reports, false positives, etc. The AI engine has made it stronger in the latest version."
"Its ability to work with all different sorts of log sources has been extremely valuable."
"The initial setup is pretty easy."
"File Integrity Monitoring is really valuable because we have it set up on our core assets. This is one of the key features that I utilize. We also use it quite a lot for event management to do reporting."
 

Cons

"In the future, I would like to see threat intelligence included."
"They need to continue to build the AI capabilities."
"This is an expensive product, so making it more cost-effective would be an improvement."
"The dashboard could improve in IBM Watson for Cyber Security."
"The installation was a bit complex because we are running a virtual infrastructure."
"NextGen SIEM's integration with other software is good but could be improved."
"We use Windows Event Forwarding to collect the logs from our Windows clients, and the logs get aggregated as one data source on that collector. Therefore, finding logs specific to one particular Windows system requires some creativity in how we search the SIEM."
"Scalability-wise, it's not that great."
"I would like to suggest that they should improve their usage of third party tools for making dashboards and reports. If they would create their own tools for dashboard and report, it would be much better in terms of security purposes."
"LogRhythm NextGen SIEM is currently based only on the Windows platform. This means that some of our customers have to purchase a Windows license elsewhere. If LogRhythm can move to a Linux platform or a proprietary platform, it would be very helpful."
"I would like to see APIs well-documented and public facing, so we can get to them all."
"The console installation is an area with a shortcoming in the solution that needs improvement. If LogRhythm SIEM can offer a web console, it would be great."
 

Pricing and Cost Advice

"IBM Watson for Cyber Security is very simple to license and is priced well."
"The price of this solution should be lower, although I understand why IBM charges a premium price."
"I give the price a six out of ten."
"The pricing is very reasonable and accessible compared to other products in the market but I am not very sure about the exact licensing cost per year for our company."
"On a scale of one to ten, where one is low, and ten is high, I rate the pricing between six and seven."
"I think the tool is reasonably priced. There is a need to pay per year towards the licensing costs of the tool."
"I have seen a measurable decrease in the mean time to detect and respond to threats. We went from not detecting them to detecting them. We can actually pick up what is anomalous in our network now."
"It is a very cost-effective solution."
"We have seen a measurable decrease in the mean time to detect and respond to threats. As it comes out new features and new releases, the window is becoming a lot narrower because you can pivot a lot more with the data. Therefore, the new features and enhancements are reducing that."
"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."
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Top Industries

By visitors reading reviews
No data available
Computer Software Company
10%
Financial Services Firm
8%
Government
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.
882,606 professionals have used our research since 2012.