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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 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 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."
"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."
"We can customize our use cases with the tools provided by Securonix. It is an excellent tool that can ingest data in different ways and is very flexible."
"They are very updated. Their customer responses are great, and they keep using the new AI tools to keep themselves at the edge of the game."
"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."
"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."
"The solution's AI features reduce the need for manual analysis and help in decision-making. It displays the report in seconds. It saves my resources three to four hours of work."
"I find customer service to be very good."
"The machine-learning algorithms are the most valuable feature because they're able to identify the 'needle in the haystack.'"
 

Cons

"In the future, I would like to see threat intelligence included."
"This is an expensive product, so making it more cost-effective would be an improvement."
"They need to continue to build the AI capabilities."
"The dashboard could improve in IBM Watson for Cyber Security."
"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."
"The incident response area should be improved."
"When dealing with a large amount of data, such as when firewall logs increase, queries sometimes crash or get stuck."
"Parsing needs to be improved. Every time we integrate a new, specific data source, we face a lot of problems in parsing, even for the old data source."
"The passing and setup are quite complex at the beginning, making onboarding not smooth, which is an area that needs improvement."
"The customization in Securonix Next-Gen SIEM is more difficult compared to other solutions. At the admin level, we have many challenges where log parsing is causing issues and compatibility is not present."
"Securonix implements risk scores based on different policies that are triggered. We've seen some challenges with the risk scores and how they trigger. These are things that Securonix has recognized and they've been working with us to help improve things."
"SIEM could have better integration with other technologies."
 

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 solution's price is double the competitors."
"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."
"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 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."
"Licensing is based on events per second (EPS), costing between $50 to $60 per EPS."
"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."
"Compared to other brands it seems more affordable to us."
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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

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 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.
879,853 professionals have used our research since 2012.