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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)
57th
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)
16th
Average Rating
8.6
Reviews Sentiment
6.4
Number of Reviews
35
Ranking in other categories
Identity Threat Detection and Response (ITDR) (10th), AI Security (9th)
 

Mindshare comparison

As of January 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 Securonix Next-Gen SIEM is 1.2%, up from 1.1% 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 (%)
Securonix Next-Gen SIEM1.2%
IBM Watson for Cyber Security0.7%
Other98.1%
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…
reviewer1375044 - PeerSpot reviewer
Assistant VP, Idm Compliance at a financial services firm with 1,001-5,000 employees
Centralized environment supports big data while facing integration challenges
The customization in Securonix Next-Gen SIEM is more difficult compared to other solutions. At the operation level, we are not facing many challenges with automating things using Securonix Next-Gen SIEM, but at the admin level, we have many challenges where log parsing is causing issues and compatibility is not present. The primary technology challenge we have is not at the security tools level. For example, firewall Cisco and others are capable. However, specific to product, for SAP, we are using certain products, and developing custom connectors for each product, especially the internal applications, is difficult, and Securonix Next-Gen SIEM is not up to the mark.

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 customer support is very good."
"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 most valuable feature is being able to look at users' behavioral profiles to see what they typically access. One of the key events that we monitor is people's downloading of objects... It's very easy to see people's patterns, what they typically do."
"The most valuable feature is that it works on user behavior and event rarities."
"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 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."
"Risk scoring was nice. We could exactly see which user had the highest risk score, and then we could pick it up and work on it."
"Its console is very easy to use and configure. It is very intuitive for our use cases. App integrations are also pretty nice."
"The most valuable feature is what Securonix calls enrichment. Securonix is very powerful because of all the data it can process and automatically enrich. The actionable intelligence it provides is one of its benefits, due to the processing capacity it has."
"The solution has proven to be stable so far...The solution is easy to scale up."
 

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."
"There is room for improvement in the product's integration with ServiceNow and in the reporting features."
"The passing and setup are quite complex at the beginning, making onboarding not smooth, which is an area that needs improvement."
"It seems to me that within Securonix there is no option for completely visualizing the types of sources or if there is any loss of logs. I've heard that they have an additional module to validate those types of cases, but in terms of the platform itself only, I can only see how often it sends data but not any specific detail."
"I face slowness issues sometimes."
"Sometimes, there is instability in the data in terms of the customization of the time. I have sometimes observed discrepancies in the data, which is something they should work on. They should bring more stability to time customization. If we are seeing a particular data, when we change the time zone, there should be the same data. There should not be any discrepancy."
"We thought they were going to be a great product, however, they're actually not great at all as an MSP."
"We have compliance needs. We have investigation needs. And we have situations where an analyst needs to look at threats. These three things require a different view of how they look at the threats. What would be good is to have Securonix create three different views of their Security Command Center so that, depending on the persona of the person logging in, they'd get the relevant data they need and not see everything."
"One aspect that could be improved is the pricing of the product in Brazil."
 

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."
"The pricing is good, but by adding more things, the licensing becomes more complex because an EPS license fluctuates a lot. This licensing concept is going to be problematic in the long run."
"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."
"We have a license from our 5.0, so that license just continued. We paid them the extra cloud-hosting costs for a year which were about $300,000."
"The pricing is fine compared to the market but I think that at some point the competitors will catch up on price."
"Its pricing is quite similar to others and is very competitive. The other solutions have different types of licensing, but when you do the math, it is competitive."
"Licensing is based on events per second (EPS), costing between $50 to $60 per EPS."
"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."
"We went in on a three-year agreement which has an annual licensing fee, based upon the number of people that we're monitoring. There have not been any additional costs to the standard licensing fees."
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Top Industries

By visitors reading reviews
Educational Organization
12%
Comms Service Provider
10%
Manufacturing Company
10%
Performing Arts
10%
Computer Software Company
13%
Financial Services Firm
10%
Manufacturing Company
8%
Healthcare Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business10
Midsize Enterprise5
Large Enterprise19
 

Questions from the Community

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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?
We work with CrowdStrike, Securonix Next-Gen SIEM, and other cybersecurity products such as Gurucul. We are a service provider and partner of Securonix Next-Gen SIEM. We operate as a reseller of Se...
What is your experience regarding pricing and costs for Securonix Next-Gen SIEM?
The solution is definitely not expensive. It's benchmarked against others in this space, and we haven't received any negative feedback about pricing from customers or prospects.
 

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: December 2025.
879,889 professionals have used our research since 2012.