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LogRhythm NextGen SIEM vs Splunk comparison

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Buyer's Guide
LogRhythm NextGen SIEM vs. Splunk
May 2022
Find out what your peers are saying about LogRhythm NextGen SIEM vs. Splunk and other solutions. Updated: May 2022.
610,045 professionals have used our research since 2012.
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"Those 400 days of hot data mean that people can look for trends and at what happened in the past. And they can not only do so from a security point of view, but even for operational use cases. In the past, our operational norm was to keep live data for only 30 days. Our users were constantly asking us for at least 90 days, and we really couldn't even do that. That's one reason that having 400 days of live data is pretty huge. As our users start to use it and adopt this system, we expect people to be able to do those long-term analytics.""It's very, very versatile.""Devo provides a multi-tenant, cloud-native architecture. This is critical for managed service provider environments or multinational organizations who may have subsidiaries globally. It gives organizations a way to consolidate their data in a single accessible location, yet keep the data separate. This allows for global views and/or isolated views restricted by access controls by company or business unit.""The user experience [is] well thought out and the workflows are logical. The dashboards are intuitive and highly customizable.""Even if it's a relatively technical tool or platform, it's very intuitive and graphical. It's very appealing in terms of the user interface. The UI has a graphically interface with the raw data in a table. The table can be as big as you want it, depending on your use case. You can easily get a report combining your data, along with calculations and graphical dashboards. You don't need a lot of training, because the UI is relatively very intuitive.""In traditional BI solutions, you need to wait a lot of time to have the ability to create visualizations with the data and to do searches. With this kind of platform, you have that information in real-time.""The user interface is really modern. As an end-user, there are a lot of possibilities to tailor the platform to your needs, and that can be done without needing much support from Devo. It's really flexible and modular. The UI is very clean.""The most valuable feature is definitely the ability that Devo has to ingest data. From the previous SIEM that I came from and helped my company administer, it really was the type of system where data was parsed on ingest. This meant that if you didn't build the parser efficiently or correctly, sometimes that would bring the system to its knees. You'd have a backlog of processing the logs as it was ingesting them."

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"Currently, we are in the implementation phase. LogRhythm is better than QRadar from the point of view of collecting Windows events. It has a much higher view. You can enable monitoring by default.""The product is great for medium to large-scale organizations.""The most valuable feature is that we can alternate incident automations.""SOAR is integrated with the dashboard that we use for threat management. Because it's all integrated, it is useful for us when we deploy something on-prem.""Technical support is very helpful and responsive.""LogRhythm NextGen SIEM is customizable, simple to manage, and there are many features. The solution does not require an expert to be able to use it, anyone can use it.""The user interface is good.""LogRhythm NextGen SIEM covers all our primary security analysis needs. It makes it easier for us to analyze threats and improves our response times. It's a versatile platform that performs queries fast compared to other SIEM solutions."

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"The ability to analyze huge amounts of sales data and accurate prediction of sales forecasting is the most valuable feature.""Its integration is most valuable. Its UI is also pretty much easy.""We have found all the features useful. However, the dashboarding and logging have been very helpful. Additionally, the log analysis does a great job.""Good for log collection and log management.""The scalability of the solution is amazing because it can collect a lot of data and you can have your own structure to monitor this data.""It's basically one of the best SIEM products on the market.""Easy to deploy and simple to use.""I am satisfied with the support."

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Cons
"Some third-parties don't have specific API connectors built, so we had to work with Devo to get the logs and parse the data using custom parsers, rather than an out-of-the-box solution.""From our experience, the Devo agent needs some work. They built it on top of OS Query's open-source framework. It seems like it wasn't tuned properly to handle a large volume of Windows event logs. In our experience, there would definitely be some room for improvement. A lot of SIEMs on the market have their own agent infrastructure. I think Devo's working towards that, but I think that it needs some improvement as far as keeping up with high-volume environments.""One major area for improvement for Devo... is to provide more capabilities around pre-built monitoring. They're working on integrations with different types of systems, but that integration needs to go beyond just onboarding to the platform. It needs to include applications, out-of-the-box, that immediately help people to start monitoring their systems. Such applications would include dashboards and alerts, and then people could customize them for their own needs so that they aren't starting from a blank slate.""There's room for improvement within the GUI. There is also some room for improvement within the native parsers they support. But I can say that about pretty much any solution in this space.""Devo has a lot of cloud connectors, but they need to do a little bit of work there. They've got good integrations with the public cloud, but there are a lot of cloud SaaS systems that they still need to work with on integrations, such as Salesforce and other SaaS providers where we need to get access logs.""The overall performance of extraction could be a lot faster, but that's a common problem in this space in general. Also, the stock or default alerting and detecting options could definitely be broader and more all-encompassing. The fact that they're not is why we had to write all our own alerts.""We only use the core functionality and one of the reasons for this is that their security operation center needs improvement.""There's always room to reduce the learning curve over how to deal with events and machine data. They could make the machine data simpler."

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"There used to be the ability to create alarms based on message text that was included in LR Version 6.x that has been removed in LogRhythm 7.x, and on that, I would like to see it added back.""Parsing is totally controlled by LogRhythm and they do not allow any partner or any third-party to handle this part and this is a key challenge on my end.""LogRhythm's SOAR and NDR features don't stack up well against competitors. maybe integrating theme functionality as the other do. But in general, it's okay.""Scalability-wise, it's not that great.""I don't think the cloud model in LogRhythm is developed enough.""Sometimes the Platform Manager crashes because it's built around Windows.""We've had issues with scaling and local support.""The reporting on the dashboard should be improved from a management perspective. It would be helpful if they adjusted the colors and the presentation to make things clearer and easier to read."

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"I would like Splunk to add more integration. QRadar has many indications with more products than Splunk.""It's difficult to set up initially, and their billing model is also a bit complicated.""The solution could improve by giving more email details.""The price of the solution could be cheaper.""The complexity could be worked on so that it's even easier and faster.""In the next releases, I would like to see more pricing flexibility.""If you monitor too much, you can lose performance on your systems.""I would like to see more SIEM functionality and a better ticket tool."

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Pricing and Cost Advice
  • "We have an OEM agreement with Devo. It is very similar to the standard licensing agreement because we are charged in the same way as any other customer, e.g., we use the backroom."
  • "I'm not involved in the financial aspect, but I think the licensing costs are similar to other solutions. If all the solutions have a similar cost, Devo provides more for the money."
  • "Devo is definitely cheaper than Splunk. There's no doubt about that. The value from Devo is good. It's definitely more valuable to me than QRadar or LogRhythm or any of the old, traditional SIEMs."
  • "[Devo was] in the ballpark with at least a couple of the other front-runners that we were looking at. Devo is a good value and, given the quality of the product, I would expect to pay more."
  • "Be cautious of metadata inclusion for log types in pricing, as there are some "gotchas" with that."
  • "Devo was very cost-competitive... Devo did come with that 400 days of hot data, and that was not the case with other products."
  • "Our licensing fees are billed annually and per terabyte."
  • "I like the pricing very much. They keep it simple. It is a single price based on data ingested, and they do it on an average. If you get a spike of data that flows in, they will not stick it to you or charge you for that. They are very fair about that."
  • More Devo Pricing and Cost Advice →

  • "In the context of our country, the price of this solution is too high."
  • "We did a five-year agreement. We pay close to a quarter of a million dollars for our solution."
  • "It costs a great amount, but its pricing is competitive with some of the other vendors. For licensing and support, we pay about 20,000. There are no additional costs or anything like that."
  • "The setup and licensing for small and medium size businesses is straightforward, though when it comes to the enterprise it pays to keep in mind the possibility for complications given all the extras and add-ons that may be required."
  • "We work with French-speaking African countries, and it costs more than the average SIEM solution. Also, the pricing isn't too flexible. AlienVault, Splunk, and IBM QRadar are more suitable for customers on a tight budget."
  • "The support which allows more customized to the environment when we are deploying new systems is called Professional Service and is very expensive. The technical annual support and there is an annual fee."
  • "I didn't see the RFP, but I heard that it is more expensive than QRadar. I remember one customer implemented only one QRadar in two sites. It cost them $2 million, I think. Maybe LogRhythm is much higher."
  • "I would rate the pricing 4 out of 5. There are no additional costs to the standard licensing fees."
  • More LogRhythm NextGen SIEM Pricing and Cost Advice →

  • "I think that most of the monitoring solutions are expensive."
  • "I think that most of the log analytics solutions are expensive and I'm not sure if it's worth it."
  • "Our customers often complain that the price of Splunk is too high."
  • "Licensing is a yearly, one-time cost."
  • "The price is comparable."
  • "The pricing model is expensive and a nightmare based on the amount of data."
  • "The solution is a little expensive."
  • "It is economical than other solutions."
  • More Splunk Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The querying and the log-retention capabilities are pretty powerful. Those provide some of the biggest value-add for us.
    Top Answer:The way Devo prices things is based on the amount of data, and I wish the tiers had more granularity. Maybe at this… more »
    Top Answer:Where Devo has room for improvement is the data ingestion and parsing. We tend to have to work with the Devo support… more »
    Top Answer:Rony, Daniel's answer is right on the money.  There are many solutions for each in the market, a lot depends upon your… more »
    Top Answer:SOAR is integrated with the dashboard that we use for threat management. Because it's all integrated, it is useful for… more »
    Top Answer:I would rate the pricing 4 out of 5. There are no additional costs to the standard licensing fees. The customers… more »
    Top Answer:For tools I’d recommend:  -SIEM- LogRhythm -SOAR- Palo Alto XSOAR Doing commercial w/o both (or at least an XDR)… more »
    Top Answer:It would really depend on (1) which logs you need to ingest and (2) what are your use cases Splunk is easy for… more »
    Top Answer:Splunk handles a high amount of data very well. We use Splunk to capture information and as an aggregator for monitoring… more »
    Comparisons
    Also Known As
    LogRhythm, LogRhythm Threat Lifecycle Management, LogRhythm TLM
    Splunk Enterprise Security
    Learn More
    Overview

    Devo is the only cloud-native logging and security analytics platform that releases the full potential of all your data to empower bold, confident action when it matters most. Only the Devo platform delivers the powerful combination of real-time visibility, high-performance analytics, scalability, multitenancy, and low TCO crucial for monitoring and securing business operations as enterprises accelerate their shift to the cloud.

    LogRhythm’s NextGen SIEM Platform is an award-winning platform in security analytics. With more than 4,000 customers globally, NextGen is an integrated platform that helps security operations teams protect critical infrastructure and information from emerging cyber threats. Ultimately, the platform is an integrated set of modules that contribute to the security team’s fundamental mission: rapid threat monitoring, threat detection, threat investigation, and threat neutralization. This platform is for organizations that require an on-premises solution and offers:

    ● Streamlined workflow

    ● Secure data access

    ● Real-time visibility

    ● A unified user experience

    ● Management customization

    Security information and event management (SIEM) solutions have been evolving for over a decade; their core functionality still acts as the most effective foundation for any organization’s technology stack. A SIEM solution enables an organization to centrally collect data across its entire network environment to gain real-time visibility into activity that may pose a risk to the organization. SIEM technology is there to address threats before they become significant financial risks while simultaneously helping better manage the organization’s assets.

    LogRhythm NextGen SIEM has many key features and capabilities, including:

    High-Performance Log Management: NextGen SIEM offers structured and unstructured search capabilities which allows users to swiftly search across an organization’s vast data to easily find answers, identify IT and security issues, and troubleshoot issues. Users can efficiently process and index terabytes of log data daily.

    Network and Endpoint Monitoring: Forensic sensors allow users to gain deep visibility into endpoint and network activity. Users can see behavioral anomalies and better respond to incidents.

    ● SmartResponse Automation Framework: NextGen SIEM allows users to centrally execute pre-staged actions that automate incident investigatory tasks and responses.

    Automated Machine Analytics: NextGen SIEM’s AI Engine continuously analyzes all collected security incidents and forensic data. Security teams are delivered precise, real-time intelligence about risk-prioritized threats.

    Case and Security Incident Management: NextGen SIEM offers an integrated workflow so that threats don’t slip through the cracks. Collaboration tools help centrally manage and track investigations.

    Benefits to Using LogRhythm NextGen SIEM

    The platform is of great value for security and IT operations. Users have the ability to map their security and IT operations to existing frameworks such as NIST and MITRE ATT&CK.

    ● The platform offers broad integration across security and IT vendors: Users benefit from support for integration with hundreds of security and IT solutions. In turn, this further extends SIEM capabilities and data collection.

    ● The platform provides compliance adherence, enforcement, and reporting: The prebuilt compliance modules automatically detect violations as they occur and remove the burden of manually reviewing audit logs.

    Reviews from Real Users

    LogRhythm NextGen SIEM stands out among its competitors for a number of reasons. Two major ones are its ability to be customized and its quick performance of queries.

    Jason G., a senior cyber security engineer, writes, "I have found the Advanced Intelligence Engine has provided the most value to us because we can customize alarms based on our requirements and have created hundreds of alarms that notify different people for different scenarios."

    Andy W., principal consultant at ITSEC Asia, notes, “LogRhythm NextGen SIEM covers all our primary security analysis needs. It makes it easier for us to analyze threats and improves our response times. It's a versatile platform that performs queries fast compared to other SIEM solutions.”

    Splunk software has been around since 2006 and the company has since grown to become an industry leader. Splunk's vision is to make machine data accessible, usable and valuable to everybody. The company offers a wide range of products to turn machine data into valuable information by monitoring and analyzing all activities. This is known as Operational Intelligence and is the unique value proposition of Splunk.

    Splunk is well-known for its Log Management capabilities and also for its Security Information and Event Management (SIEM) solutions.

    Offer
    See Devo in Action

    See how Devo allows you to free yourself from data management, and make machine data and insights accessible.

    Learn more about LogRhythm NextGen SIEM
    Learn more about Splunk
    Sample Customers
    United States Air Force, Rubrik, SentinelOne, Critical Start, NHL, Panda Security, Telefonica, CaixaBank, OpenText, IGT, OneMain Financial, SurveyMonkey, FanDuel, H&R Block, Ulta Beauty, Manulife, Moneylion, Chime Bank, Magna International, American Express Global Business Travel
    Macy's, NASA, Fujitsu, US Air Force, EY, Abbott, HD Supply, SAB Miller, UCLA, Raytheon, Amtrak, Cargill
    Splunk has more than 7,000 customers spread across over 90 countries. These customers include Telenor, UniCredit, ideeli, McKenney's, Tesco, and SurveyMonkey.
    Top Industries
    REVIEWERS
    Computer Software Company63%
    Comms Service Provider13%
    Retailer13%
    Insurance Company13%
    VISITORS READING REVIEWS
    Computer Software Company27%
    Comms Service Provider17%
    Government8%
    Financial Services Firm7%
    REVIEWERS
    Financial Services Firm27%
    Healthcare Company13%
    Energy/Utilities Company9%
    Manufacturing Company7%
    VISITORS READING REVIEWS
    Computer Software Company28%
    Comms Service Provider17%
    Government8%
    Financial Services Firm6%
    REVIEWERS
    Financial Services Firm19%
    Energy/Utilities Company11%
    Computer Software Company11%
    Government7%
    VISITORS READING REVIEWS
    Computer Software Company25%
    Comms Service Provider16%
    Financial Services Firm11%
    Government7%
    Company Size
    REVIEWERS
    Small Business24%
    Midsize Enterprise18%
    Large Enterprise59%
    VISITORS READING REVIEWS
    Small Business21%
    Midsize Enterprise17%
    Large Enterprise62%
    REVIEWERS
    Small Business16%
    Midsize Enterprise23%
    Large Enterprise61%
    VISITORS READING REVIEWS
    Small Business21%
    Midsize Enterprise21%
    Large Enterprise58%
    REVIEWERS
    Small Business31%
    Midsize Enterprise15%
    Large Enterprise54%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise15%
    Large Enterprise68%
    Buyer's Guide
    LogRhythm NextGen SIEM vs. Splunk
    May 2022
    Find out what your peers are saying about LogRhythm NextGen SIEM vs. Splunk and other solutions. Updated: May 2022.
    610,045 professionals have used our research since 2012.

    LogRhythm NextGen SIEM is ranked 8th in Log Management with 16 reviews while Splunk is ranked 1st in Log Management with 69 reviews. LogRhythm NextGen SIEM is rated 8.0, while Splunk is rated 8.2. The top reviewer of LogRhythm NextGen SIEM writes "It puts things together and provides the evidence and has good automation and integration capabilities". On the other hand, the top reviewer of Splunk writes "Very versatile for many use cases". LogRhythm NextGen SIEM is most compared with IBM QRadar, Datadog, Elastic Security, Microsoft Sentinel and AT&T AlienVault USM, whereas Splunk is most compared with Microsoft Sentinel, Elastic Security, Dynatrace, IBM QRadar and AppDynamics. See our LogRhythm NextGen SIEM vs. Splunk report.

    See our list of best Log Management vendors and best Security Information and Event Management (SIEM) vendors.

    We monitor all Log Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.