We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
"Splunk should be able to integrate with other product using the free version."
"The pricing and licensing of the product are quite high."
"Splunk is really expensive."
"I think that most of the monitoring solutions are expensive."
"I think that most of the log analytics solutions are expensive and I'm not sure if it's worth it."
"Our customers often complain that the price of Splunk is too high."
"Licensing is a yearly, one-time cost."
"The price is comparable."
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Data is the most abundant and precious resource in an enterprise. It comes in all forms and is complex to merge, relate and analyze. Data analytics extract meaning from that data for business gain or productivity, often sharing those insights through analytics dashboards or analytics reports.
With organizations generating billions of terabytes of data a year, big data analytics techniques are the only way to understand and uncover value from today’s scale of data.
The best big data analytics tools must be able to process both structured and unstructured data such as text, documents, emails and other data stored in enterprise information management systems. They go further than reporting on historic performance, enabling companies to prescribe better actions through predictive analytics. These data analysis tools are often referred to as advanced analytics solutions, such as OpenText™ Magellan Analytics Suite, and are quickly becoming the preferred choice for enterprise analytics.
Splunk software has been around since 2006 and the company has since grown to become an industry leader. Splunk's vision is to make machine data accessible, usable and valuable to everybody. The company offers a wide range of products to turn machine data into valuable information by monitoring and analyzing all activities. This is known as Operational Intelligence and is the unique value proposition of Splunk.
Splunk is well-known for its Log Management capabilities and also for its Security Information and Event Management (SIEM) solutions.
OpenText Magellan BI & Reporting is ranked 31st in Reporting Tools while Splunk is ranked 1st in Security Information and Event Management (SIEM) with 27 reviews. OpenText Magellan BI & Reporting is rated 0.0, while Splunk is rated 8.0. On the other hand, the top reviewer of Splunk writes "Good support with an intuitive dashboard but the cost is too high". OpenText Magellan BI & Reporting is most compared with Tableau, Qlik Sense, TIBCO Jaspersoft and ELK Kibana, whereas Splunk is most compared with Dynatrace, Datadog, IBM QRadar, Graylog and Zabbix.
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We monitor all Reporting Tools 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.