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Panther vs Splunk Cloud Platform comparison

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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
7.1
Number of Reviews
4
Ranking in other categories
Security Information and Event Management (SIEM) (32nd), AI Data Analysis (27th)
Splunk Cloud Platform
Average Rating
8.4
Reviews Sentiment
5.6
Number of Reviews
111
Ranking in other categories
Data Visualization (3rd), IT Alerting and Incident Management (3rd)
 

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 1.0%, up 0.4% compared to last year.
Splunk Cloud Platform, on the other hand, focuses on Data Visualization, holds 1.1% mindshare, up 1.1% since last year.
Security Information and Event Management (SIEM) Mindshare Distribution
ProductMindshare (%)
Panther1.0%
Splunk Enterprise Security7.8%
IBM Security QRadar5.6%
Other85.6%
Security Information and Event Management (SIEM)
Data Visualization Mindshare Distribution
ProductMindshare (%)
Splunk Cloud Platform1.1%
Tableau Enterprise9.3%
Qlik Sense4.7%
Other84.9%
Data Visualization
 

Featured Reviews

Narendran Nair - PeerSpot reviewer
Product Security Engineer at Infoblox
AI triage has streamlined real-time alert monitoring and has improved on-call incident response
The best features Panther offers are AI Triage, the ability to comment on our activities, and seamless integration with other communication sources such as PagerDuty, Microsoft Teams, and potentially Slack, showcasing the flexibility we have in using this tool. The most valuable feature for my team is definitely AI Triage, which helps save a lot of time by eliminating the need for manual research regarding patterns that may be repeated, making our work easier and more efficient. Panther has positively impacted my organization as it serves as one of the main sources for triaging real-time incidents. Panther definitely plays a key role in the work that we do. Specific outcomes that show how Panther has helped our organization include saving a lot of time, especially since the AI Triage feature reduces the necessity to reach out to others for clarity, which it occasionally accomplishes on its own. To be honest, it does lack some aspects. For example, if it could access our organizational knowledge, including the Jira database, it might better analyze incidents and determine whether they are false positives or not by using more contextual data.
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

"The AI Triage feature saves a considerable amount of time, and if it were to incorporate organizational knowledge, it could provide finer-tuned results."
"Panther positively impacts my organization as it is the first point of response for any incident, giving a reviewer full clarity about what is happening, how it is happening, and where it is happening."
"I find Panther's detection capabilities and integrations to be highly valuable."
"We have seen a return on investment measured primarily through SOC efficiency and productivity improvements, with teams observing a twenty to thirty-five percent improvement in investigation efficiency depending on the environment and product maturity."
"We haven't had any limitations or problems connecting to our network devices."
"The most valuable feature of Splunk Cloud Platform is the alerting feature."
"I decided to go with Splunk Cloud Platform because it is an industry widely used platform, vetted by the US government as a right to use, and that compliance is needed for the work I do, making it a vetted, trusted platform to move and organize very sensitive data."
"Previously when in our company, we had logs everywhere on multiple systems, it was a really big pain for me trying to find what I wanted. Now that it is all aggregated and centralized in one place with one interface, it is just a lot easier to get the information that I need."
"What I like about Splunk Cloud Platform is the easy reading of the dashboards and finding the data, which brought me the biggest benefits."
"The log search capabilities are very good."
"Splunk Cloud Platform is a data analysis tool that works on big data and unstructured data, and what I appreciated about it is that Splunk data processing is very good, and when I performed search and threat hunting on Splunk, I was very satisfied."
"The visualization feature in Splunk Cloud Platform is a pretty good feature because I did not need to go to any other vendors, for example, any.run or VirusTotal."
 

Cons

"Regarding Panther's accuracy and reliability of output, I would rate it at 70 percent since, at times, it identifies findings as valid when they may actually be false positives, which we have experienced in a few cases."
"The solution could be improved by providing more built-in integrations, which would reduce the need for me to build them myself."
"The user experience could be improved because whenever I want to investigate the data, too much data is shown in the UI."
"To be honest, I don't think it's beginner-friendly. It takes time and multiple meetings to actually understand how to create different types of alerts or how to search for them."
"However, we have experienced delays in getting answers to some of the issues that we faced during migrations, and that has taken some time to get resolutions to, which is why I am rating it at seven."
"The queries and pulling out the exact reports is a little challenging."
"There is something that they say will be improved, and I am still waiting for it."
"In the case of knowledge objects, even a Splunk admin does not have access to delete them. If we want to remove a knowledge object, we need to contact Splunk support and raise a case. After that, they delete it. They should give us access to delete knowledge objects."
"The overall experience is positive, but there are a few areas where I think Splunk Cloud Platform can improve."
"In my opinion, there isn't much to improve in Splunk Cloud Platform, but one suggestion would be to integrate AI or provide a more graphical query builder to reduce the learning curve for new users wanting to learn SPL."
"The dashboards should be easier to customize."
 

Pricing and Cost Advice

Information not available
"The cost of using Splunk Cloud Platform is high, but the value it provides is worth the investment."
"I do not know what that is anymore. I have not been involved with that for a couple of years, but I know we are paying a lot."
"The Splunk Cloud Platform is expensive."
"The cost of the Splunk Cloud Platform is high, and in addition to the standard licensing fee, we also have a premium support fee."
"My company has a license for Splunk Cloud Platform. My company also has a license for Splunk Enterprise."
"The licensing costs depend on the state of your environment and the fees are paid on a monthly basis."
"The lack of transparency around the SVC licensing makes it difficult to explain the costs to our clients."
"I know that Splunk Cloud Platform is an expensive product."
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Top Industries

By visitors reading reviews
Construction Company
13%
Manufacturing Company
13%
Financial Services Firm
8%
Comms Service Provider
7%
Financial Services Firm
15%
Construction Company
9%
Outsourcing Company
9%
Manufacturing Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business37
Midsize Enterprise17
Large Enterprise79
 

Questions from the Community

What is your experience regarding pricing and costs for Panther?
I am not aware of the pricing, setup cost, and licensing details, as I handle the usage of Panther and not the setup process.
What needs improvement with Panther?
Panther could be improved by adding a feature that allows it to access organizational data, which would help produce better-tuned outputs with fewer false positives and alerts, making our jobs easi...
What is your primary use case for Panther?
My main use case for Panther is real-time monitoring of alerts, where we triage incidents that occur for our on-call duties. Panther is one of the major sources from which we receive alerts in real...
What is your experience regarding pricing and costs for Splunk Cloud Platform?
Splunk Cloud Platform is a Gartner leading product. Splunk is superior in comparison with any other SIEM.
What needs improvement with Splunk Cloud Platform?
There is always room for improvement. Splunk can improve because it is a very expensive product. Because of the cost, we do not have as many skilled resources for Splunk, which makes it very diffic...
What is your primary use case for Splunk Cloud Platform?
I was a consumer using Splunk Cloud Platform at that time. I have been familiar with Splunk Cloud Platform. I was a user of Splunk Cloud Platform and a customer also.
 

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, Microsoft and others in Security Information and Event Management (SIEM). Updated: September 2026.
914,262 professionals have used our research since 2012.