Try our new research platform with insights from 80,000+ expert users

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."
"IBM Watson for Cyber Security is very stable."
"The most valuable feature of this product is innovation, where the research and upgrading of technology never ends."
"The customer support is very good."
"AXON has the ability to add and compare use cases."
"It has centralized monitoring for our security operations. Therefore, it improves our analysts' work."
"LogRhythm has increased productivity because all the tools that we need are in the web UI, allowing us to find threats on our network fast and efficiently."
"The content in the community is very helpful and useful for new users."
"One of the main features that I like about LogRhythm NextGen SIEM is that there are a lot of pre-built pieces. Like with our AV, we didn't have to tell it how to read the logs; they already had it pre-made. So, we essentially just had to follow their guide to get the logs imported in and set up some rules for it. We've only had to manually create the parsing rules for a few of our vendors so that we could interpret the logs correctly. Most of them had already been pre-created for us."
"I find LogRhythm's log management capabilities to be beneficial."
"The most valuable feature is that we can alternate incident automations."
"NextGen SIEM's most valuable feature is its user-friendliness."
 

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."
"Scalability-wise, it's not that great."
"The product's stability needs improvement."
"My biggest issue - I know that they say they're doing it - is that the API-building is extremely important. They keep saying it's coming, it's coming. It's not coming fast enough. I don't care if they need to double their team size to get it out there quicker, the world is already in the cloud and we can't monitor it. That's a big problem for us. My boss keeps coming to me about it. That's an issue."
"The software needs to work on its pricing."
"It will definitely help if the parsing side would be much easier, meaning it would be better if we could easily make adjustments on the parser, both on standard and non-standard log sources."
"The SOAR capabilities need improvements as they currently require programming knowledge."
"The initial setup is not so easy because it is quite a process."
"Stability has probably been one area where Health Checks have not been great with the product. We have been told that they are going to improve Health Checks on product, though we do struggle with them on a daily basis."
 

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, 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."
"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."
"I would rate the tool's pricing around eight out of ten."
"The solution has provided us with consistency and increased staff productivity through orchestrated automated work flows by at least 20 percent."
"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."
"When it comes time to renew, they say, "This is what you are using. This is what we can do for you." So, they work with you on pricing."
"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."
"The product is inexpensive than other tools."
report
Use our free recommendation engine to learn which Security Information and Event Management (SIEM) solutions are best for your needs.
882,479 professionals have used our research since 2012.
 

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.
882,479 professionals have used our research since 2012.