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Monte Carlo vs Splunk Enterprise Security comparison

The compared Monte Carlo and Splunk solutions aren't in the same category. Monte Carlo is ranked #1 in DO , with an average rating of 9.0, and holds a 33.5% mindshare in the category. Splunk is ranked #1 in SIEM , with an average rating of 8.4, and holds a 9.5% mindshare. Additionally, 100% of Monte Carlo users are willing to recommend the solution, compared to 93% of Splunk users who would recommend it.
Monte Carlo
Read 1 Monte Carlo review
  • 189 Views
  • 160 Comparison Views
100% willing to recommend
Splunk Enterprise Security
Read 306 Splunk Enterprise Security reviews
  • 13,819 Views
  • 11,374 Comparison Views
93% willing to recommend

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

Monte Carlo
Average Rating
9.0
Number of Reviews
1
Ranking in other categories
Data Observability (1st)
Splunk Enterprise Security
Average Rating
8.4
Reviews Sentiment
7.6
Number of Reviews
306
Ranking in other categories
Log Management (2nd), Security Information and Event Management (SIEM) (1st), IT Operations Analytics (1st)
 

Mindshare comparison

Monte Carlo and Splunk Enterprise Security aren’t in the same category and serve different purposes. Monte Carlo is designed for Data Observability and holds a mindshare of 33.5%, down 43.5% compared to last year.
Splunk Enterprise Security, on the other hand, focuses on Security Information and Event Management (SIEM), holds 9.5% mindshare, down 12.6% since last year.
Data Observability
Security Information and Event Management (SIEM)
 

Featured Reviews

PR
Provides centralized data observability features and has an easy-to-use user interface.
The product's initial setup is in a daily improvement stage, deploying new plugins for upstream and downstream resources. It takes 25 minutes to complete. The process involves integrating with third-party services for Single Sign-On (SSO). It requires only one executive for maintenance as it has easy-to-use navigation and user interface.
Read full review
ROBERT-CHRISTIAN - PeerSpot reviewer
Has many predefined correlation rules and is brilliant for investigation and log analysis
It is very complicated to write your own correlation rules without the help of Splunk support. What Splunk could do better is to create an API to the standard SIEM tools, such as Microsoft Sentinel. The idea would be to make it less painful. In ELK Stack, Kibana is the query language with which you can search log files. I believe Splunk has also a query language in which they search their log files, but once you have identified the log file that you want to use for further security correlation, you want to very quickly transport that into your SIEM tool, such as Microsoft Sentinel. That is something that Splunk could make a little bit less painful because it is a lot of effort to find that log file and forward it. An API with Microsoft Sentinel or a similar SIEM tool would be a good idea.
Read full review

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"It makes organizing work easier based on its relevance to specific projects and teams."
"There are lots of free learning materials on their website."
"The search engine and indexes are fast and optimized, and the report generation dashboard is user-friendly."
"The initial setup isn't overly complex."
"We have a more secure, robust environment, which keeps the harmful software out of the zone required."
"We can extract the metrics we want on the dashboards. We are able to react to the incidents."
"It has a rapid response search environment in the event of an incident."
"The most valuable feature of Splunk Enterprise Security is the threat intelligence integration because essentially having to go out and correlate all the data on our own becomes convoluted."
"Scalability-wise, the tool is awesome since you can add or reduce your resources in an easy way."
More Splunk Enterprise Security pros
 

Cons

"For anomaly detection, the product provides only the last three weeks of data, while some competitors can analyze a more extended data history."
"Search head clustering is often temperamental in its current state and should be improved, replaced by something better, or be reverted to search head pooling."
"We'd like to see a more seamless cloud-based integration."
"You do need a lot of training and certification with this product."
"Many of my clients want to get better at Splunk, but they're afraid of using the tool because they feel it's too complex for them."
"Splunk Enterprise Security incurs a significant cost because of the amount of data we send, but we are fine with the value we're getting for that price."
"The solution has a high learning curve for users. It's a little complicated when you're trying to figure out all the features and what they do."
"I would like to see future development in terms of ML (Machine Learning)."
"There are limitations with Splunk not detecting all user activity, especially on mainframes and network devices."
More Splunk Enterprise Security cons
 

Pricing and Cost Advice

"The product has moderate pricing."
"Splunk is expensive based on our current requirements, but it's obviously worth what we pay."
"It is not cheap."
"Splunk can be an expensive solution. It all depends on how we configure the alerts and the events from the endpoints. You can save some money if you do that correctly. If not, it becomes an expensive solution."
"Splunk is really expensive."
"The cost is on the high end, which makes it difficult for some organizations to use."
"Although Splunk is an expensive product, it is designed to be utilized across your organization in order to maximize your ROI and lower your TCO."
"It can be tough to determine if you are getting all of the value out of your investment at times."
"The price of Splunk Enterprise Security is high."
More Splunk Enterprise Security pricing and cost advice
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Comparison Review

VS
Feb 26, 2015
HP ArcSight vs. IBM QRadar vs. ​McAfee Nitro vs. Splunk vs. RSA Security vs. LogRhythm
We at Infosecnirvana.com have done several posts on SIEM. After the Dummies Guide on SIEM, we are following it up with a SIEM Product Comparison – 101 deck. So, here it is for your viewing pleasure. Let me know what you think by posting your comments below. The key products compared here are…
Read full review
 

Top Industries

By visitors reading reviews
Computer Software Company
18%
Manufacturing Company
10%
Financial Services Firm
9%
Retailer
8%
Financial Services Firm
15%
Computer Software Company
14%
Manufacturing Company
8%
Government
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What do you like most about Monte Carlo?
It makes organizing work easier based on its relevance to specific projects and teams.
See all answers
What is your experience regarding pricing and costs for Monte Carlo?
The product has moderate pricing.
See all answers
What needs improvement with Monte Carlo?
For anomaly detection, the product provides only the last three weeks of data, while some competitors can analyze a more extended data history. This feature needs improvement. Its price could be a ...
See all answers
What SOC product do you recommend?
For tools I’d recommend: -SIEM- LogRhythm -SOAR- Palo Alto XSOAR Doing commercial w/o both (or at least an XDR) is asking to miss details that are critical, and ending up a statistic. Also, rememb...
See all answers
What is a better choice, Splunk or Azure Sentinel?
It would really depend on (1) which logs you need to ingest and (2) what are your use cases Splunk is easy for ingestion of anything, but the charge per GB/Day Indexed and it gets expensive as log ...
See all answers
How does Splunk compare with Azure Monitor?
Splunk handles a high amount of data very well. We use Splunk to capture information and as an aggregator for monitoring information from different sources. Splunk is very good at alerting us if we...
See all answers
 

Comparisons

Datadog vs Monte Carlo Logo
Datadog vs Monte Carlo
Compared 28% of the time
Grafana vs Monte Carlo Logo
Grafana vs Monte Carlo
Compared 19% of the time
Acceldata vs Monte Carlo Logo
Acceldata vs Monte Carlo
Compared 11% of the time
Dynatrace vs Monte Carlo Logo
Dynatrace vs Monte Carlo
Compared 9% of the time
IBM Databand vs Monte Carlo Logo
IBM Databand vs Monte Carlo
Compared 4% of the time
More Monte Carlo Competitors
Wazuh vs Splunk Enterprise Security Logo
Wazuh vs Splunk Enterprise Security
Compared 9% of the time
IBM Security QRadar vs Splunk Enterprise Security Logo
IBM Security QRadar vs Splunk Enterprise Security
Compared 8% of the time
Dynatrace vs Splunk Enterprise Security Logo
Dynatrace vs Splunk Enterprise Security
Compared 8% of the time
Datadog vs Splunk Enterprise Security Logo
Datadog vs Splunk Enterprise Security
Compared 5% of the time
Security Onion vs Splunk Enterprise Security Logo
Security Onion vs Splunk Enterprise Security
Compared 4% of the time
More Splunk Enterprise Security Competitors
 

Product Reports

No data available
Buyer's Guide
Splunk Enterprise Security
April 2025
Splunk Enterprise Security reportDownload Splunk Enterprise Security product report
 

Overview

Stop wasting time on data fire-drills. Stop trying to hack band-aid solutions. Stop paying for outdated data governance software. With Monte Carlo, data teams are the first to know about and resolve data problems, leading to stronger data teams and insights that deliver true business value.
You invest so much in your data infrastructure – you simply can’t afford to settle for unreliable data. At Monte Carlo, we believe in the power of data, and in a world where you sleep soundly at night knowing you have full trust in your data.

Monte Carlo

Splunk Enterprise Security is widely used for security operations, including threat detection, incident response, and log monitoring. It centralizes log management, offers security analytics, and ensures compliance, enhancing the overall security posture of organizations.

Companies leverage Splunk Enterprise Security to monitor endpoints, networks, and users, detecting anomalies, brute force attacks, and unauthorized access. They use it for fraud detection, machine learning, and real-time alerts within their SOCs. The platform enhances visibility and correlates data from multiple sources to identify security threats efficiently. Key features include comprehensive dashboards, excellent reporting capabilities, robust log aggregation, and flexible data ingestion. Users appreciate its SIEM capabilities, threat intelligence, risk-based alerting, and correlation searches. Highly scalable and stable, it suits multi-cloud environments, reducing alert volumes and speeding up investigations.

What are the key features?
  • Comprehensive Dashboards: Provide a holistic view of security operations.
  • Flexible Data Ingestion: Supports various data sources for better analysis.
  • Robust Log Aggregation: Centralizes log management for easier monitoring.
  • Machine Learning Toolkit: Enhances threat detection and prediction capabilities.
  • SIEM Capabilities: Integrates security information and event management.
  • Threat Intelligence: Utilizes external information to improve security measures.
  • Risk-Based Alerting: Prioritizes alerts based on the risk they pose.
  • Correlation Searches: Identifies and correlates security events effectively.
What benefits or ROI should users look for?
  • Enhanced Visibility: Improves monitoring across endpoints, networks, and users.
  • Faster Incident Response: Speeds up identification and resolution of security issues.
  • Reduced Alert Volumes: Lowers false positives and enhances signal-to-noise ratio.
  • Scalability: Adapts to growing and changing security needs.
  • Improved Security Operations: Integrates multiple security facets into one platform.

Splunk Enterprise Security is implemented across industries like finance, healthcare, and retail. Financial institutions use it for fraud detection and compliance, while healthcare organizations leverage its capabilities to safeguard patient data. Retailers deploy it to protect customer information and ensure secure transactions.

Splunk
 

Sample Customers

Information Not Available
Splunk has more than 7,000 customers spread across over 90 countries. These customers include Telenor, UniCredit, ideeli, McKenney's, Tesco, and SurveyMonkey.

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