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IBM Watson for Cyber Security vs Securonix Next-Gen 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)
55th
Average Rating
8.0
Number of Reviews
4
Ranking in other categories
No ranking in other categories
Securonix Next-Gen SIEM
Ranking in Security Information and Event Management (SIEM)
14th
Average Rating
8.6
Reviews Sentiment
6.9
Number of Reviews
33
Ranking in other categories
Identity Threat Detection and Response (ITDR) (8th)
 

Mindshare comparison

As of May 2025, in the Security Information and Event Management (SIEM) category, the mindshare of IBM Watson for Cyber Security is 0.2%, down from 0.3% compared to the previous year. The mindshare of Securonix Next-Gen SIEM is 1.1%, down from 1.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Security Information and Event Management (SIEM)
 

Featured Reviews

Elena Stefanovska - PeerSpot reviewer
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…
Ibrahim Albalawi - PeerSpot reviewer
Less false positives, good detection and integration capabilities, and good pricing
The incident response area should be improved. It is more difficult than other products, but overall, it is good. The platform has a lot of options and functionality. So, you need to check almost everything. For new engineers or people who don’t have much experience with this kind of platform, it is a bit difficult, but for experienced engineers, it is not that difficult. When you have been doing a lot of work for about one or two hours, and you have a lot of tabs open, it slows down or gets stuck. There is a delay of 10 to 15 seconds in opening tabs or dashboards. I don't know why this happens, but for me, it is not a big issue. I just wait, and that's all.

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."
"The scalability is one of the remarkable qualities of this product, which makes it very effective, especially when we are dealing with substantial data volumes in the cloud."
"One of the most valuable features it has is the thread chaining. One of the common issues that we always had was the number of anomalies that we used to get and the number of alerts that we used to get. But with this approach of thread chaining, we've found the false-positive rate has decreased very significantly. That was something that we never could have achieved before."
"The machine-learning algorithms are the most valuable feature because they're able to identify the 'needle in the haystack.'"
"The feature that is most valuable is the fact that it's an open platform, so it allows us to modify policies and tune policies as needed. There's also a feature called Data Insights which allows us to create different dashboards on specific things of interest for us."
"The UEBA functionality indicates a lot about behaviors that are not found through a traditional SIEM. We have exploited that more than anything since we started using it."
"The customizability of the tool is valuable. We are able to customize the use cases and create them easily without a large amount of Securonix assistance. It's very flexible. We do not have to rely on Professional Services to modify or create a new use case."
"One of the valuable features of Securonix is the auto-incident creation, which was not available two or three years ago."
"The AI capabilities enhance threat detection."
 

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."
"The analytics-driven approach for finding sophisticated threats and reducing false positives is positive and good, but the platform requires a more dynamic concept. Everything is a bit static."
"There is slight room for improvement in terms of the initial deployment. What I see is that Securonix is more focused on their product. They are expanding, in a big way, the number of customers. So there has to be a number of dedicated teams to jump on and speed up the deployment process."
"The passing and setup are quite complex at the beginning, making onboarding not smooth, which is an area that needs improvement."
"When dealing with a large amount of data, such as when firewall logs increase, queries sometimes crash or get stuck."
"The pricing. I'm not sure how they are proceeding with the identity based pricing compared with DB pricing which most of the vendors are using today."
"There is room for improvement in the product's integration with ServiceNow and in the reporting features."
"Securonix Next-Gen SIEM's deployment is complex and you need a team to do it."
"When dealing with a large amount of data, such as when firewall logs increase, queries sometimes crash or get stuck."
 

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 rate the pricing an eight on a scale of one to ten, where one is cheap, and ten is very expensive. It is a pretty expensive tool."
"Compared to other brands it seems more affordable to us."
"Its price is fine. We found it to be cheaper than LogRhythm, Exabeam, Splunk, as well as Elastic Security. A few months ago, when we were comparing Securonix with Elastic Security, we found Securonix to be cheaper than Elasticsearch. We were pretty surprised that Elastic Security is more expensive than Securonix because Elasticsearch is just starting, and it cannot compete with Securonix at this time. So, the pricing of Securonix is pretty good for now."
"A good thing about Securonix is that they don't charge by volume of data or number of devices... They charge by the number of employees, which is a much more predictable number for me, versus data. Our costs are in the $100,000 range over a three-year subscription."
"The pricing is fine compared to the market but I think that at some point the competitors will catch up on price."
"We have an annual license. We pay $200,000 for the base licensing and we pay another $50,000 for the software as a service."
"Compared to other known brands in the industry, the overall cost of the licenses is a bit higher than what customers expect."
"I had heard that it was much cheaper than Splunk and some of the other tools, and they gave us a nice package with support. They accommodated the number of users and support very well."
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Top Industries

By visitors reading reviews
Computer Software Company
17%
Financial Services Firm
17%
Manufacturing Company
17%
Media Company
7%
Computer Software Company
21%
Financial Services Firm
12%
Government
6%
Healthcare Company
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

Ask a question
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Which is the best SIEM tool for a mid-sized financial services firm: Arcsight or Securonix?
In my market, a lot of financial companies had or have an ArcSight installation. Just because in former times it was pretty good. Now a lot of them are looking for a more effective solution due to ...
What is your primary use case for Securonix Security Analytics?
I use this solution for security monitoring and user behavior analytics. Banks, governments, and the oil and gas sector utilize it.
What do you like most about Securonix Next-Gen SIEM?
The two major features of this product we extensively use are the UEBA capability and the multi-tenant approach with the centralized data logs system. Customers are very happy with these features.
 

Also Known As

No data available
Securonix Security Analytics
 

Overview

 

Sample Customers

Information Not Available
Dtex Systems, Pfizer, Western Union, Harris, ITG
Find out what your peers are saying about IBM Watson for Cyber Security vs. Securonix Next-Gen SIEM and other solutions. Updated: April 2025.
850,028 professionals have used our research since 2012.