Overall, bundle pricing and sales team support are really good. The main difference from all the other vendors is that they have one package that covers all the functionality and modules required in PAS, except the add-on advance technologies like agent-based endpoint, Win/Linus server protection, domain controller protection etc. When it comes to agent-based advanced technologies the overall cost is not cheap. However, the values it brings is highly critical to customers who are paranoid about targeted attacks. Vendor PS BOQ are expensive like usual OEMs rates, but they do the Scope effectively within less time, which help the large customers ( like banks ) to run without any downtime
Product Manager at a tech services company with 11-50 employees
Reseller
2021-02-04T07:52:57Z
Feb 4, 2021
It is best suited for mid to large-size enterprises. It is not the best for smaller companies, largely because of the price. I believe that this solution is priced well. It's the market leader and I think that it's the best solution. The price is quite good for us.
Privileged Access Management is a business transformation program. It forces business to look at their overall operating model for system administrative and application based access, and develop a strategy that reduces risk overall to the enterprise. Once this strategy is completed, and a new operating model is conceived, CyberArk software and services becomes a very effective series of controls that enable the business to secure the most sensitive access to services, and allows the organization to operate within their risk tolerance. Far too often companies will treat the CyberArk product set as a software implementation, that becomes overly complex and evolves into a multi-year program. This is due in part to the legacies of technology programs, where the implementation will force business to rethink their operating model, and therefore delays, scope changes and cost of overall program becomes associated with the software implementation initiative. This is a consequence of positioning a Privileged Access program as a security software implementation, and not a true business transformation initiative. While CyberArk continues to adjust its licensing costs and continues to look at the comparisons in the industry and the ability to effectively and affordably help companies and firms solve their privileged access problems, companies also have to look at the overall cost of what a privileged access program means to their firm, and what shareholder value they gain as a result of implementing those types of products or services or business processes. In that context, they should start to look at what the comparison is against the software that they're using to enable those very controls they're trying to implement.
Learn what your peers think about CyberArk Privileged Access Manager. Get advice and tips from experienced pros sharing their opinions. Updated: May 2024.
IT Support Specialist / Project Lead at a energy/utilities company with 10,001+ employees
Real User
2019-01-15T13:06:00Z
Jan 15, 2019
Setup, costs, and licensing are fairly straightforward and easy to navigate. Questions to the account manager typically resulted in the answers needed.
Network and security licenses are currently being managed by other outsource vendors, so they are facing some type of problems in the digital aspect. Recently, there has been some new licensing guidelines which have come up since 2018 related to installation by technicians. However, we had our solution installed in 2015.
CyberArk Privileged Access Manager is a next-generation solution that allows users to secure both their applications and their confidential corporate information. It is extremely flexible and can be implemented across a variety of environments. This program runs with equal efficiency in a fully cloud-based, hybrid, or on-premises environment. Users can now protect their critical infrastructure and access it in any way that best meets their needs.
CyberArk Privileged Access Manager possesses...
The price of this solution is quite reasonable.
Overall, bundle pricing and sales team support are really good. The main difference from all the other vendors is that they have one package that covers all the functionality and modules required in PAS, except the add-on advance technologies like agent-based endpoint, Win/Linus server protection, domain controller protection etc. When it comes to agent-based advanced technologies the overall cost is not cheap. However, the values it brings is highly critical to customers who are paranoid about targeted attacks. Vendor PS BOQ are expensive like usual OEMs rates, but they do the Scope effectively within less time, which help the large customers ( like banks ) to run without any downtime
It is best suited for mid to large-size enterprises. It is not the best for smaller companies, largely because of the price. I believe that this solution is priced well. It's the market leader and I think that it's the best solution. The price is quite good for us.
CyberArk is quite expensive and they should have a better pricing model.
Privileged Access Management is a business transformation program. It forces business to look at their overall operating model for system administrative and application based access, and develop a strategy that reduces risk overall to the enterprise. Once this strategy is completed, and a new operating model is conceived, CyberArk software and services becomes a very effective series of controls that enable the business to secure the most sensitive access to services, and allows the organization to operate within their risk tolerance. Far too often companies will treat the CyberArk product set as a software implementation, that becomes overly complex and evolves into a multi-year program. This is due in part to the legacies of technology programs, where the implementation will force business to rethink their operating model, and therefore delays, scope changes and cost of overall program becomes associated with the software implementation initiative. This is a consequence of positioning a Privileged Access program as a security software implementation, and not a true business transformation initiative. While CyberArk continues to adjust its licensing costs and continues to look at the comparisons in the industry and the ability to effectively and affordably help companies and firms solve their privileged access problems, companies also have to look at the overall cost of what a privileged access program means to their firm, and what shareholder value they gain as a result of implementing those types of products or services or business processes. In that context, they should start to look at what the comparison is against the software that they're using to enable those very controls they're trying to implement.
The cost and licensing fees of the software are fairly reasonable.
Make sure to use the latest licensing model as that will give you most of the "cool" features to work with.
As with everything, try before you buy. Get a trial licence, set up a demo environment and see if it meets the use case for your enterprise.
Standardised offerings that allow for customer-specific flexibility.
Setup, costs, and licensing are fairly straightforward and easy to navigate. Questions to the account manager typically resulted in the answers needed.
Check out the unlimited model as it can save money and make for a more scalable solution depending on the size and needs of your organization.
Attempt to minimize the AIM deployments as the license is expensive. Take a license for a test instance even if it might cost extra.
In comparison to other products on the market, CyberArk is a more costly product.
I do not have experience with the pricing or licensing of this product.
I do not have any opinions to add about the pricing.
This solution is considered to be more expensive than others out there on the market today.
It is quite costly. The license is a concern for some of the clients.
No, I do not have any advice on the price of the product. It is a great product that I recommend to others.
Network and security licenses are currently being managed by other outsource vendors, so they are facing some type of problems in the digital aspect. Recently, there has been some new licensing guidelines which have come up since 2018 related to installation by technicians. However, we had our solution installed in 2015.
The product is costly due to its active management features.
Understand your needs prior to purchasing. Cyberark team will advise as well which is a plus.
We use Texas DIR when evaluation and making purchases of products.