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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) (8th)
 

Mindshare comparison

As of July 2025, in the Security Information and Event Management (SIEM) category, the mindshare of IBM Watson for Cyber Security is 0.3%, up from 0.2% compared to the previous year. The mindshare of Securonix Next-Gen SIEM is 1.1%, down from 1.4% 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 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."
"I find customer service to be very good."
"The software includes user behavior interactions, dashboards, and training capabilities."
"The solution has proven to be stable so far...The solution is easy to scale up."
"The most valuable feature is what Securonix calls enrichment. Securonix is very powerful because of all the data it can process and automatically enrich. The actionable intelligence it provides is one of its benefits, due to the processing capacity it has."
"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."
"Its console is very easy to use and configure. It is very intuitive for our use cases. App integrations are also pretty nice."
"The reporting in the Securonix Next-Gen SIEM is very good, and the dashboard is great."
 

Cons

"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."
"The dashboard could improve in IBM Watson for Cyber Security."
"They need to continue to build the AI 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."
"We would like to see better integration with other products."
"We look forward to more developments from Securonix Next-Gen SIEM in terms of their service turnaround times and staying connected with customers."
"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."
"Regarding the analysis of security events on the SOC side, Securonix Next-Gen SIEM needs to improve its automation capabilities."
"I face slowness issues sometimes."
"A helpful feature would be an event export. A way to create more substantial summary reports would be nice."
 

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 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."
"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."
"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."
"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."
"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
Financial Services Firm
17%
Computer Software Company
16%
Educational Organization
12%
Comms Service Provider
7%
Computer Software Company
19%
Financial Services Firm
12%
Government
6%
Manufacturing Company
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

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 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.
860,825 professionals have used our research since 2012.