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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 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."
"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."
"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."
"The solution is stable and scalable."
"SNYPR has a bundle of features. It has the UEBA feature that tells you about the behavior of a person or entity. In the tool itself, there is an incident management feature, which is definitely valuable."
"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."
"The reporting in the Securonix Next-Gen SIEM is very good, and the dashboard is great."
"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 AI capabilities enhance threat detection."
"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."
 

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."
"The dashboard could improve in IBM Watson for Cyber Security."
"They need to continue to build the AI capabilities."
"The technical support of the solution is an area with shortcomings and needs improvement."
"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."
"Other than issues with the training, there have been issues with the encryption. There have also been issues with some of the reporting, minor glitches that they have fixed as they've gone along."
"I face slowness issues sometimes."
"We thought they were going to be a great product, however, they're actually not great at all as an MSP."
"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."
"One of the things they can improve on a little bit is the usability side, to make some things simpler... The tool does have a lot of knobs, you can turn a lot of things on and off and you can change things. Sometimes, it can become a little overwhelming. They should remove some confirmation options and make it simpler for the less mature customers and people who are still trying to grasp 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

"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."
"Compared to other brands it seems more affordable to us."
"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."
"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."
"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."
"Licensing is based on events per second (EPS), costing between $50 to $60 per EPS."
"Compared to other known brands in the industry, the overall cost of the licenses is a bit higher than what customers expect."
"The solution's price is double the competitors."
"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%
Performing Arts
10%
Manufacturing Company
10%
Comms Service Provider
10%
Computer Software Company
12%
Financial Services Firm
10%
Manufacturing Company
9%
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.
880,901 professionals have used our research since 2012.