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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)
56th
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) (8th)
 

Mindshare comparison

As of June 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…
Mohammed Nadeem Rais - PeerSpot reviewer
The visibility and analytics from Securonix SIEM have become indispensable in identifying and stopping potential threats before they escalate.
The most valuable feature of Securonix Next-Gen SIEM is its advance analytics, flexibility and scalability. We ingest billions of logs without worrying about resource allocation. This makes it a robust and cost-effective solution for our needs. Its user entity and behavior analytics (UEBA) are also integral for detecting insider threats and lateral movements within the organization. These features help organizations strengthen their security posture, protect sensitive data, and maintain compliance with strict regulatory requirements.

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."
"When we were looking for products for our security monitoring needs, our biggest requirement was that we wanted something based on machine-learning and analytics. If you go with rules, it can raise a lot of noise. Securonix, with its UEBA capability, had the best analytics use-cases."
"I rate the technical support a nine out of ten. They're friendly. Whenever we have a P1 issue, we write an email and our issue is resolved in one or two hours."
"The reporting in the Securonix Next-Gen SIEM is very good, and the dashboard is great."
"The solution is stable and scalable."
"The second feature is that within the SNYPR product there is a functionality called Spotter. We use that for link analysis diagrams and to run the stats command. That's extremely useful because it replaces a tedious, manual process we used to use, using Microsoft Excel and a couple of other methods, to bring data together."
"We ingest billions of logs without worrying about resource allocation."
"The solution has proven to be stable so far...The solution is easy to scale up."
"We can select the resource group name or functionality directly of which type of security tool logs we want. We don't need to write the query for that; we just have to select."
 

Cons

"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."
"In the future, I would like to see threat intelligence included."
"Securonix Next-Gen SIEM's deployment is complex and you need a team to do it."
"I face slowness issues sometimes."
"Securonix could open up information regarding the indicators of compromise or cyber-threat intelligence database that they use. The idea is that they share what threats they are detecting."
"When dealing with a large amount of data, such as when firewall logs increase, queries sometimes crash or get stuck."
"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."
"We have a lot of users who, because they're engineers and they're bringing down product data - where, at times, a top-level product could be 10,000 or 15,000 objects - it's difficult for us to determine what should be a concern and what shouldn't be a concern. We work with the Securonix folks to try to come up with better ways to identify that."
"There is room for improvement in the product's integration with ServiceNow and in the reporting features."
"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."
 

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."
"Licensing is based on events per second (EPS), costing between $50 to $60 per EPS."
"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."
"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."
"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."
"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."
"The pricing is fine compared to the market but I think that at some point the competitors will catch up on 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."
"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."
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Top Industries

By visitors reading reviews
Financial Services Firm
19%
Computer Software Company
17%
Media Company
8%
Real Estate/Law Firm
8%
Computer Software Company
20%
Financial Services Firm
12%
Government
6%
Healthcare Company
6%
 

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?
We have actually used our company, which is a large one, and we are using multiple Securonix Next-Gen SIEM technologies. For the on-premises environment, we are using Securonix Next-Gen SIEM, and f...
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: June 2025.
859,438 professionals have used our research since 2012.