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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) (9th), AI Security (10th)
 

Mindshare comparison

As of February 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 1.3%, 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 SIEM1.3%
IBM Watson for Cyber Security0.7%
Other98.0%
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 feature of this product is innovation, where the research and upgrading of technology never ends."
"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."
"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 feature that I have found most valuable is their analytics platform where they have the open security data-link, which they introduced. This is typically different from the other vendors."
"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."
"One of the valuable features of Securonix is the auto-incident creation, which was not available two or three years ago."
"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 solution is time-saving, particularly in the long run after it is deployed, enabling us to get value promptly."
"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."
"The most valuable feature is that it works on user behavior and event rarities."
 

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."
"In terms of improvements, SIEM could have better integration with other technologies. Additionally, it might benefit from integration with other sources, such as firewalls."
"The incident response area should be improved."
"When they did upgrades or applied patches, sometimes, there was downtime, which required the backfill of data. There were times when we had to reach out and get a lot of things validated."
"We would like to see better integration with other products."
"One aspect that could be improved is the pricing of the product in Brazil."
"Regarding the analysis of security events on the SOC side, Securonix Next-Gen SIEM needs to improve its automation capabilities."
"When dealing with a large amount of data, such as when firewall logs increase, queries sometimes crash or get stuck."
"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."
 

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."
"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."
"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."
"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 known brands in the industry, the overall cost of the licenses is a bit higher than what customers expect."
"Compared to other brands it seems more affordable to us."
"The solution's price is double the competitors."
"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."
"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
No data available
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.
881,384 professionals have used our research since 2012.