Monte Carlo vs Splunk Observability Cloud 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 33.8% mindshare in the category. Splunk is ranked #8 in APM , with an average rating of 8.7, and holds a 1.9% mindshare. Additionally, 100% of Monte Carlo users are willing to recommend the solution, compared to 94% of Splunk users who would recommend it.

Monte Carlo

Read 1 Monte Carlo review

930 Views
316 Comparison Views

100% willing to recommend

Splunk Observability Cloud

Read 57 Splunk Observability Cloud reviews

5,720 Views
3,432 Comparison Views

94% willing to recommend

Monte Carlo

Splunk Observability Cloud

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

Ranking in other categories

Data Observability (1st)

Splunk Observability Cloud

Average Rating

8.4

Reviews Sentiment

7.1

Number of Reviews

Ranking in other categories

Application Performance Monitoring (APM) and Observability (8th), Network Monitoring Software (6th), IT Infrastructure Monitoring (7th), Cloud Monitoring Software (7th), Container Management (7th), Digital Experience Monitoring (DEM) (2nd)

Mindshare comparison

Monte Carlo and Splunk Observability Cloud aren’t in the same category and serve different purposes. Monte Carlo is designed for Data Observability and holds a mindshare of 33.8%, down 38.1% compared to last year.
Splunk Observability Cloud, on the other hand, focuses on Application Performance Monitoring (APM) and Observability, holds 1.9% mindshare, up 1.0% since last year.

Data Observability Market Share Distribution
Product	Market Share (%)
Monte Carlo	33.8%
Anomalo	13.1%
Acceldata	12.4%
Other	40.7%

Data Observability

Application Performance Monitoring (APM) and Observability Market Share Distribution
Product	Market Share (%)
Splunk Observability Cloud	1.9%
Dynatrace	8.8%
Datadog	7.2%
Other	82.1%

Application Performance Monitoring (APM) and Observability

Featured Reviews

Prathik Rokhade

Associate Sr. Manager at Financial Insight Technology, Inc.

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

Lakshmi Padaga

Java Developer at U.S. Bank

Collaborates performance metrics with log data to pinpoint the exact cause of issues and offers error detection

Splunk APM is a robust tool with many capabilities. There are always areas for potential improvement to enhance its functionality and user experience. For Splunk APM, there could be simplified navigation, like streamlining the user interface to make navigation more intuitive for our users, especially those new to APM, which can enhance usability. We can provide more customization options for dashboards and visualizations to help users tailor the platform to their specific needs. There could be more integration capabilities with a wider range of third-party tools and platforms would also be beneficial. By focusing on these areas, Splunk APM can enhance its value proposition, improve user satisfaction, and better meet the evolving needs of organizations monitoring their application performance.

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."

"The solution overall is very valuable for me."

"The features are pretty much ready out of the box."

"The tool's stability is great."

"The product retains a lot of log data for subsequent analysis."

"Splunk has drawn our attention to how the network is running. If there are alarms on things that are not functioning, it gives us early warning on problems that could arise."

"The alerts are the most valuable feature."

"Dashboards help the application support teams to have a quick look at how their systems are running. It helps other teams as well."

"The features I have found most valuable are log searching and log analytics, both of which are quick features."

More Splunk Observability Cloud 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."

"The product collects a lot of data but it does not assure that it collects all of it."

"A wide variety of logging makes log onboarding difficult."

"The monitoring of workloads when using SignalFx could be improved."

"We still use Splunk Enterprise licensing. A lot of the newer features go into Splunk Cloud before Enterprise. We're not looking to switch our licensing over, so we're falling behind on the newer features."

"There are some predefined metrics.......we may want to create customized metrics."

"There is a lot of room for improvement with the automation."

"I've been using the Splunk query language, and it can be a bit time-consuming to set up the queries I need."

"The solution's machine learning deployment is hard and should be made user-friendly."

More Splunk Observability Cloud cons

Pricing and Cost Advice

"The product has moderate pricing."

"The price of Splunk APM is less than some of its competitors."

"Splunk's infrastructure monitoring costs can be high because our billing is based on data volume measured in terabytes, rather than the number of devices being monitored."

"I would rate the price of Splunk Infrastructure Monitoring as an eight out of ten, with ten being the most expensive."

"The pricing is based on several factors, including the scale of deployment."

"It is expensive."

"Splunk APM is expensive."

"The pricing is reasonable."

"Licensing cost is the biggest argument I get from those divesting from Splunk. There are those within our organization who say we are going to go to other tools since Splunk is too expensive."

More Splunk Observability Cloud pricing and cost advice

See which vendors are best for you

Use our free recommendation engine to learn which Data Observability solutions are best for your needs.

See recommendations

866,744 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Computer Software Company

16%

Manufacturing Company

Financial Services Firm

Retailer

Financial Services Firm

16%

Computer Software Company

13%

Manufacturing Company

Retailer

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

By reviewers
Company Size	Count
Small Business	17
Midsize Enterprise	9
Large Enterprise	34

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 do you like most about SignalFx?

The most valuable feature is dashboard creation.

See all answers

What needs improvement with SignalFx?

Regarding dashboard customization, while Splunk has many dashboard building options, customers sometimes need to create specific dashboards, particularly for applicative metrics such as Java and pr...

See all answers

What is your primary use case for SignalFx?

The solution involves observability in general, such as Application Performance Monitoring, and generally addresses digital applications, web applications, sites, and mobile applications. I worked ...

See all answers

Comparisons

Datadog vs Monte Carlo

Compared 20% of the time

Grafana vs Monte Carlo

Compared 15% of the time

Acceldata vs Monte Carlo

Compared 12% of the time

Anomalo vs Monte Carlo

Compared 11% of the time

IBM Databand vs Monte Carlo

Compared 4% of the time

More Monte Carlo Competitors

Sentry vs Splunk Observability Cloud

Compared 7% of the time

Observe vs Splunk Observability Cloud

Compared 6% of the time

Cribl vs Splunk Observability Cloud

Compared 5% of the time

SigNoz vs Splunk Observability Cloud

Compared 5% of the time

Dynatrace vs Splunk Observability Cloud

Compared 4% of the time

More Splunk Observability Cloud Competitors

Product Reports

No data available

Buyer's Guide

Splunk Observability Cloud

August 2025

Download Splunk Observability Cloud product report

Also Known As

No data available

Splunk Infrastructure Monitoring, Splunk Real User Monitoring (RUM), Splunk Synthetic Monitoring

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 Observability Cloud offers sophisticated log searching, data integration, and customizable dashboards. With rapid deployment and ease of use, this cloud service enhances monitoring capabilities across IT infrastructures for comprehensive end-to-end visibility.

Focused on enhancing performance management and security, Splunk Observability Cloud supports environments through its data visualization and analysis tools. Users appreciate its robust application performance monitoring and troubleshooting insights. However, improvements in integrations, interface customization, scalability, and automation are needed. Users find value in its capabilities for infrastructure and network monitoring, as well as log analytics, albeit cost considerations and better documentation are desired. Enhancements in real-time monitoring and network protection are also noted as areas for development.

What are the key features?

Log Searching: Efficiently search and analyze logs from various sources.
Data Integration: Seamlessly integrate with multiple environments.
Dashboard Customization: Tailor dashboards to specific monitoring needs.
Monitoring Capabilities: Provides comprehensive insights into application performance.
Security Features: Analyze and address security threats across systems.
Visualization Tools: Enhance data analysis and system performance optimization.

Why consider this for ROI?

Comprehensive Visibility: Gain complete insights into IT infrastructure.
Performance Optimization: Improve overall system performance and efficiency.
Rapid Deployment: Quick setup to meet organization demands swiftly.
Enhanced Security: Strengthen security measures through detailed analytics.

In industries, Splunk Observability Cloud is implemented for security management by analyzing logs from detection systems, offering real-time alerts and troubleshooting for cloud-native applications. It is leveraged for machine data analysis, improving infrastructure visibility and supporting network and application performance management efforts.

Splunk

Sample Customers

Information Not Available

Sunrun, Yelp, Onshape, Tapjoy, Symphony Commerce, Chairish, Clever, Grovo, Bazaar Voice, Zenefits, Avalara

We monitor all Data Observability 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.