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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 most valuable feature of this product is innovation, where the research and upgrading of technology never ends."
"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 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."
"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."
"One of the most valuable features is the integration of all types of data sources to extract relevant information regarding events. It is a good solution when it comes to the correlations that it makes within all the data handled in our company."
"I was looking for software as a service rather than having issues with managing hardware, upgrades, updates. I was trying to step away from that. Those were the key factors when looking at Securonix as a full-feature SIEM with next-generation capabilities available."
"The user interface is easy to learn and navigate."
"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."
"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."
"The detection of threats and reduction of false positive alarms as compared to other solutions are valuable features. It has improved threat detection response and reduced a lot of noise from false positives as compared to our previous SIEM solutions."
 

Cons

"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."
"In the future, I would like to see threat intelligence included."
"They need to continue to build the AI capabilities."
"We would like to see better integration with other products."
"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."
"The incident response area should be improved."
"It could be improved a little bit more for admin users. There should be more administrative options related to security for admin users. For example, for forensic purposes, the admin should be able to stop a specific user from erasing some information. I would be helpful in certain situations, such as during an internal fraud."
"It takes too long to generate Spotter reports. For example, a 90-day report is around 100 megabytes. That takes a while, but a one-day report can be generated in a few seconds. We would be happy if they sped up the process."
"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."
"Regarding the analysis of security events on the SOC side, Securonix Next-Gen SIEM needs to improve its automation capabilities."
"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."
 

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."
"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."
"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."
"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 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."
"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."
"Compared to other brands it seems more affordable to us."
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Top Industries

By visitors reading reviews
No data available
Computer Software Company
12%
Financial Services Firm
9%
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: February 2026.
882,103 professionals have used our research since 2012.