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Panther vs Splunk Cloud Platform comparison

 

Comparison Buyer's Guide

Executive Summary

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

Panther
Average Rating
8.0
Reviews Sentiment
7.3
Number of Reviews
1
Ranking in other categories
Security Information and Event Management (SIEM) (41st), AI Data Analysis (31st)
Splunk Cloud Platform
Average Rating
8.4
Reviews Sentiment
5.7
Number of Reviews
81
Ranking in other categories
Data Visualization (2nd), IT Alerting and Incident Management (2nd)
 

Mindshare comparison

Panther and Splunk Cloud Platform aren’t in the same category and serve different purposes. Panther is designed for Security Information and Event Management (SIEM) and holds a mindshare of 0.9%, up 0.2% compared to last year.
Splunk Cloud Platform, on the other hand, focuses on Data Visualization, holds 1.0% mindshare, up 0.8% since last year.
Security Information and Event Management (SIEM) Mindshare Distribution
ProductMindshare (%)
Panther0.9%
Splunk Enterprise Security7.1%
IBM Security QRadar5.2%
Other86.8%
Security Information and Event Management (SIEM)
Data Visualization Mindshare Distribution
ProductMindshare (%)
Splunk Cloud Platform1.0%
Tableau Enterprise10.3%
Qlik Sense5.2%
Other83.5%
Data Visualization
 

Featured Reviews

RT
Infosec Analyst at a tech vendor with 201-500 employees
Detection capabilities and helpful support team enhance log analysis and integration flexibility
I find Panther's detection capabilities and integrations to be highly valuable. It allows integration with anything as long as I am willing to write detections, and their team is very helpful. I find its log analysis capabilities valuable. It enables me to filter down to individual roles in AWS, and if I am skilled at SQL queries, I can query anything. The infrastructure as code feature allows me to use Git repositories to manage detections and import detections from other Git repositories.
reviewer2805510 - PeerSpot reviewer
Partner Account Manager at a wholesaler/distributor with 51-200 employees
Unified log analytics has transformed security monitoring and cuts breach detection to minutes
Splunk Cloud Platform has areas for improvement, including the fact that it is obviously an enterprise tool and can be expensive, which is the biggest complaint I have noted. Costs can rise due to high data ingestion and long retention periods, along with a complex licensing structure that makes pricing difficult to predict as usage grows, especially since more systems send logs. There are also performance concerns at scale where users have reported slower searches and expensive long-term storage needs, particularly in multi-terabyte environments. Additionally, operational complexity exists as enterprises still need to do data onboarding, create dashboards, handle retention policies, access control, and performance tuning. These are the three key areas of improvement I have identified.

Quotes from Members

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

Pros

"I find Panther's detection capabilities and integrations to be highly valuable."
"The ROI with Splunk Cloud Platform is on the higher part, as it has improved the efficiency of our overall organization, increased incident response time to any failure by more than 50 percent, and enhanced the overall visibility of the system, architecture, and infrastructure by consolidating all of our data on one platform."
"Splunk Cloud Platform is a market leader known for its strengths in enterprise-scale log analysis, advanced security monitoring, complex event correlation, and deep search capabilities."
"Splunk Cloud Platform's search modes are a powerful feature."
"The Splunk search is powerful compared to similar solutions. We get millions of data points within seconds."
"I have done health checks several times now, and those have been very valuable in getting more information about what is going on in my platform. There are also recommendations on what is going on in my environment."
"Splunk helped reduce our mean time to resolve by around 60%."
"The most valuable feature for me is the flexibility of being able to send the log to the https endpoint."
"The most valuable feature of Splunk Cloud Platform is its robustness and ability to ingest logs."
 

Cons

"The solution could be improved by providing more built-in integrations, which would reduce the need for me to build them myself."
"There is something that they say will be improved, and I am still waiting for it."
"Some of the implementation is challenging. They're not very proxy-aware."
"Although there is documentation available, it is really hard for me to find relevant topics on what it is that I'm searching for."
"In my opinion, there is room for improvement, as we used to raise multiple issues via the process, but they pick them up slowly, and the response times are not as prompt as we would like."
"We're interested in learning more about the new AI features, especially the natural language to SPL conversion."
"First-time users may struggle with the user interface. When I first used Splunk, I entered my username and password. After that, we get a dashboard on the left side with apps. At the top, you can click the gear icon to view the settings. Within those settings, there's a distributed console option with several settings. It's a bit overwhelming for a beginner. The user knows what they want and can search for it in the search bar. If I see several apps, my first instinct is to scroll down to find the app, or perhaps you will find that search and report. That bugged me when I was learning."
"The security connection should have a seamless integration. Other than that, the way we are using it, so far, it seems quite good."
"Splunk Cloud Platform's user interface is quite simple and needs to be updated; it feels as if I am using a platform from two thousand fifteen."
 

Pricing and Cost Advice

Information not available
"The price is something that people complain about."
"We were on ingest. We were on-prem, and when we switched to the cloud, we went to an SVC model, and that has been a huge help. We are now able to ingest more data than before."
"We were involved in the renewal process, and our organization does reviews of all our partnerships that we have every two to three years to ensure they are meeting our needs, there isn't a better solution out there, and we won't save money by going somewhere else."
"It was a good model."
"The lack of transparency around the SVC licensing makes it difficult to explain the costs to our clients."
"It is a touchy subject because we are locked into it. That goes back to the rehydrating data. We cannot have the retention that we want to store for legal and compliance purposes because that is seven years' worth of data for some of the indexes, so we ship them off into S3 buckets and install them there, at which point they are invisible to Splunk, so we have to rehydrate them, but we cannot rehydrate those pockets into Splunk Cloud. We have to rehydrate them into a self-hosted version of Splunk, which can take days to set up and get going. I would not call Splunk's licensing and pricing predatory, but they have made it very difficult to maintain the independence of your own data."
"Splunk Cloud Platform is an expensive solution."
"Currently, we have the ingest-based license. They are offering SVC-based licenses as well, but I am not a fan of SVC-based licensing. At the end of the day, I want to predict my budget and how much I am going to pay to the vendor so that I can plan my yearly budget."
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Top Industries

By visitors reading reviews
Manufacturing Company
14%
Construction Company
14%
Financial Services Firm
9%
Computer Software Company
8%
Financial Services Firm
19%
Computer Software Company
12%
Manufacturing Company
8%
Construction Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business31
Midsize Enterprise13
Large Enterprise56
 

Questions from the Community

What is your experience regarding pricing and costs for Panther?
I find the pricing to be reasonable, although I can't recall the exact cost.
What needs improvement with Panther?
The solution could be improved by providing more built-in integrations, which would reduce the need for me to build them myself.
What is your primary use case for Panther?
We use Panther ( /products/panther-reviews ) for our SIEM ( /categories/security-information-and-event-management-siem ) solution. It is used for aggregating logs and analyzing user activities. We ...
What is your experience regarding pricing and costs for Splunk Cloud Platform?
Related to the pricing factor, I think it is slightly on the costlier side, but I wouldn't know much because I'm not on the management side. My organization divides developers and management, so we...
What needs improvement with Splunk Cloud Platform?
Splunk Cloud Platform is almost a nine out of ten, but the main improvement point is the user manual. Recently, we got stuck somewhere in an error, but because of the less documentation available i...
What is your primary use case for Splunk Cloud Platform?
Splunk Cloud Platform is used to monitor everything, as we have multiple applications from which we get multiple data and multiple logs. We centralized our logging system, centralized our APIs, and...
 

Overview

 

Sample Customers

Docker, Loom, Discord, Dropbox, HubSpot, Asana, GoFundMe, Zapier, Benchling, JupiterOne, Jumio, Bitstamp, Intercom, Randori, and Cedar
Mindtouch
Find out what your peers are saying about Splunk, IBM, Wazuh and others in Security Information and Event Management (SIEM). Updated: April 2026.
893,311 professionals have used our research since 2012.