it_user434868 - PeerSpot reviewer
Senior Director of Delivery at a tech services company with 51-200 employees
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What is your experience regarding pricing and costs for Fortinet FortiSIEM?


We all know it's really hard to get good pricing and cost information.

Please share what you can so you can help your peers.

PeerSpot user
18 Answers
Network Security Engineer at Technicom Mali
Real User
Top 5
Oct 4, 2022

It is cheaper than LogPoint or QRadar.

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Head - IT & SWIFT at a financial services firm with 1-10 employees
Real User
Top 20
Aug 25, 2022

FortiSIEM's licensing is based on EPS, and its pricing is competitive in the market.

Director, Infrastructure and Operations at a comms service provider with 11-50 employees
Real User
Top 20
Aug 10, 2022

This is probably more on the lower cost end of the spectrum compared to competing products. Fortinet's license model is based on events per second, which makes sense, but that's not typical. It makes it very hard to calculate what your costs are going to be as you scale the platform because some log sources, such as firewall logs, are very noisy, and there are lots and lots of events per second, but some of them are not. So, it becomes a bit of a science experiment trying to guess what your costs are going to be as you scale the solution. This is where other competing products perhaps have a more straightforward license model. In terms of additional costs, we also pay for our cloud infrastructure to run it. If your log source is not supported, you're going to have to develop custom parsing. So, you're going to incur that development cost. There is also the normal day-to-day administration cost.

Senior Product Manager at a financial services firm with 201-500 employees
Real User
Top 20
Jul 4, 2022

There are additional features that cost more than the standard licensing fees.

Abdul-MuminIddrisu - PeerSpot reviewer
CCO at oduma solutions ltd
Real User
Top 5
Apr 6, 2022

The price of Fortinet FortiSIEM was reasonable compared to other solutions. There are many licenses required, such as the MSSP, Agent, and device. For the number of devices that you are monitoring, you need licenses. The license you pay per your usage. When you are onboarding more clients onto it, the license fee is for the usage. Additionally, there's the Windows Agent license that you need. If you use any Windows Agent, you receive a separate license charge.

ICT Architect at a insurance company with 51-200 employees
Real User
Top 5
Dec 21, 2021

I have a five-year contract for this product, with no additional costs.

Learn what your peers think about Fortinet FortiSIEM. Get advice and tips from experienced pros sharing their opinions. Updated: December 2022.
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ParveshDhurmea - PeerSpot reviewer
Assistant Engineer at Harel Mallac Technologies Ltd
Real User
Top 5Leaderboard
Nov 22, 2021

The solution is available for both, perpetual and subscription licenses.

Technical manager at a tech services company with 11-50 employees
Real User
Top 5
Nov 19, 2021

They have a yearly subscription.

Asst Programmer Data Center at a consultancy with 10,001+ employees
Real User
Top 20
Nov 18, 2021

The price of Fortinet FortiSIEM is a lot less when compared to other solutions.

Sami Isoaho - PeerSpot reviewer
Principal Cloud Architect at Viria Security Oy
Real User
Top 5
Jun 3, 2021

The licensing is on an annual basis and calculated on the set up number. Of course, the licensing cost could be less but it's not too bad and is quite nicely priced. With Centreon or Splunk you just pay for the use but if we compare the cost of FortiSIEM with Splunk, it's less than half the price.

Partner at a security firm with 11-50 employees
Top 20
Feb 11, 2021

All of our customers find the solution expensive. It's not a cheap option. I don't know the exact cost of the solution as I don't directly handle the licensing.

MarioBrito - PeerSpot reviewer
Pre-Sales Cybersecurity Solutions at ECSSA El Salvador
Top 10
Feb 3, 2021

There is a licensing scheme for every case. There are three licensing schemes that we can choose from.

Ishwor Shrestha - PeerSpot reviewer
Security Analyst at netfiniti
Real User
Top 10
Dec 4, 2020

If you are comparing the product to Cisco's solutions, it's very cheap and moderately priced. It's affordable. At the same time, it's a very effective solution. It's affordable and it works well.

Asst Programmer Data Center at a consultancy with 10,001+ employees
Real User
Top 20
Jul 15, 2020

The solution is very cost-effective compared to competitors. We just need to pay licensing and support costs. There aren't added costs beyond that.

SahrahMohammed - PeerSpot reviewer
Network Security Engineer at Go Faster
Real User
Jun 30, 2020

Pricing is acceptable for more than 90% of our customers, as they normally get discounts.

Manager, ICT Enterprise Services at a government with 201-500 employees
Real User
Aug 19, 2019

Licensing is a one time cost. If you want to enable different modules then there will be additional costs.

System Engineer / Network Consultant at a tech services company with 51-200 employees
Aug 18, 2019

If we do an overall comparison with other products and also count additional licenses, which are necessary for other products, then the prices are comparative. If we just leave it at base prices, for example, Splunk: Splunk is cheaper, but if you also count the price for licenses, reports, and other things - especially the megabytes and gigabytes of the lock data that you need - then it comes up to a much higher price than you have to pay for FortiSIEM which already includes these things in a base version.

it_user799953 - PeerSpot reviewer
Network Security Engineer at Spectrotel
Real User
Jun 11, 2019

We bought the perpetual license, so we own the product, but there is a three-year support renewal fee for that.

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it_user799953 - PeerSpot reviewer
Network Security Engineer at Spectrotel
Jun 11, 2019
The backup and recovery process for this solution needs improvement. I would like to see a database with more structure in terms of maintenance and ease of use. The process of creating is much simpler than that of duplication. The procedures are not proper for handling its PostgreSQL database.
Smadi Huthaifa - PeerSpot reviewer
Network and Security Administrator at PETRA Engineering Industries Co.
Jun 26, 2019
The Fortinet Fabric should be more easy more friendly to use. They use a different parsing log format. for example Symantec ATP is not supported by FortiSIEM. Our reseller provided us FortiSIEM as a service. They should also provide us with a dashboard to monitor and to deploy a correlations. I think fortinet should improve the AI correlations by combining advanced statistical and heuristic analysis with behavioral whitelisting .
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