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 , and holds a 33.5% mindshare in the category. Splunk is ranked #8 in APM , with an average rating of 8.4, and holds a 2.0% mindshare. Additionally, 100% of Monte Carlo users are willing to recommend the solution, compared to 95% of Splunk users who would recommend it.

Monte Carlo

Read 1 Monte Carlo review

934 Views
327 Comparison Views

100% willing to recommend

Splunk Observability Cloud

Read 71 Splunk Observability Cloud reviews

5,846 Views
3,391 Comparison Views

95% 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

8.2

Reviews Sentiment

7.0

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 (8th), Container Management (6th), 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 33.5%, down 36.0% compared to last year.
Splunk Observability Cloud, on the other hand, focuses on Application Performance Monitoring (APM) and Observability, holds 2.0% mindshare, up 1.2% since last year.

Data Observability Market Share Distribution
Product	Market Share (%)
Monte Carlo	33.5%
Anomalo	12.8%
Acceldata	12.6%
Other	41.1%

Data Observability

Application Performance Monitoring (APM) and Observability Market Share Distribution
Product	Market Share (%)
Splunk Observability Cloud	2.0%
Dynatrace	8.9%
Datadog	7.4%
Other	81.7%

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

Taiwo Ige

IT Operations Engineer at ABC Supply Co. Inc.

Alerting improves incident response across teams and enables faster awareness before customer impact

Splunk Observability Cloud could be improved in terms of integrations with more technical add-ons, such as Zoom. Although they have one with Zoom, it's not available in the cloud, so having that feature would be beneficial. Essentially, Splunk should continue expanding to create easier ways to ingest logs from different products. The out-of-the-box customizable dashboards in Splunk Observability Cloud are very effective in showcasing IT performance to business leaders. However, there are aspects that could be improved, such as linking dashboards to one another. While IT leaders may not drill down, it's crucial to create levels of dashboards for technical users to find root causes, making it effective for stakeholders.

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."

"What I appreciate most about Splunk Observability Cloud is the correlation feature, specifically the ease of correlating logs and issues to those traces to see where within the path of the business function is failing."

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

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

"The feature of Splunk Observability Cloud that I prefer most is the easy deployment on the cloud."

"It has been beneficial for our IT infrastructure."

"Splunk APM provides a holistic view of the application. Unlike other APMs, Splunk's service map is quite effective."

"The features I appreciate the most about Splunk Observability Cloud are the ServiceNow integration feature, which is very seamless, and that's probably my favorite since ServiceNow is big in the observability industry."

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 price has room for improvement."

"They can get more integration with a few more products. They can also update some of the dashboards that are in there now."

"Splunk APM's performance could be improved - at the moment, it's very slow and takes forever to give me what I want."

"We currently lack log analysis capabilities in Splunk APM."

"It does not have a user-friendly interface and it is difficult to use."

"Particularly what we're having is disconnection from the cloud console, where we will be working in it and receive a message saying that we've been disconnected and have to wait for it to come up."

"They can improve the flow system and the keyword language. It has predefined keywords, but they can be improved."

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

More Splunk Observability Cloud cons

Pricing and Cost Advice

"The product has moderate pricing."

"It is expensive."

"I am not in that circle, but we are currently licensing based on our queries. That is working out for us. Previously, it was by volume of data, and now, we can store as much data as we want."

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

"Splunk APM is a very cost-efficient solution."

"The solution's pricing is competitive. I rate the solution's pricing a seven out of ten. The price of the solution could be cheaper."

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

"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."

"Splunk APM is expensive."

More Splunk Observability Cloud pricing and cost advice

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Top Industries

By visitors reading reviews

Computer Software Company

15%

Financial Services Firm

Retailer

Manufacturing Company

Financial Services Firm

15%

Computer Software Company

12%

Retailer

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

By reviewers
Company Size	Count
Small Business	20
Midsize Enterprise	10
Large Enterprise	43

Questions from the Community

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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...

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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 ...

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Comparisons

Datadog vs Monte Carlo

Compared 17% of the time

Grafana vs Monte Carlo

Compared 15% of the time

Acceldata vs Monte Carlo

Compared 11% of the time

Anomalo vs Monte Carlo

Compared 11% of the time

Sifflet vs Monte Carlo

Compared 5% of the time

More Monte Carlo Competitors

Sentry vs Splunk Observability Cloud

Compared 6% of the time

Observe vs Splunk Observability Cloud

Compared 5% of the time

Cribl vs Splunk Observability Cloud

Compared 4% of the time

SigNoz vs Splunk Observability Cloud

Compared 4% of the time

Dynatrace vs Splunk Observability Cloud

Compared 4% of the time

More Splunk Observability Cloud Competitors

Product Reports

Buyer's Guide

Data Quality

October 2025

Download Monte Carlo product report

Buyer's Guide

Splunk Observability Cloud

September 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.