CyberArk Enterprise Password Vault Pricing

Joble John - PeerSpot reviewer
Vice President - Global Head of Privilege Access Management, Data Services and Certification at Barclays Capital

The product's licensing is yearly. I would rate the solution's pricing a six out of ten. 

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Omar_Jaimes - PeerSpot reviewer
Cybersecurity Architecture Manager at Data Warden

You need a large number of servers, and therefore it gets expensive to deploy the product.

The license is expensive. It costs us around $200 per user. 

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IS
Program Manager at a recruiting/HR firm with 5,001-10,000 employees

At my previous company, my budget amount was $15,000, and we didn't spend all of that. It was a larger company than the one I'm with now. It was global. We didn't spend that or come anywhere near it. They're still adding on, and I know that CyberArk will be the solution that they're going to stick with. They were hybrid, and now they're all cloud.

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Buyer's Guide
CyberArk Enterprise Password Vault
April 2024
Learn what your peers think about CyberArk Enterprise Password Vault. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
768,578 professionals have used our research since 2012.
TM
Manager at OIB

CyberArk Enterprise Password Vault is a very expensive product.

I believe that the charges for maintenance and support are already included in CyberArk Enterprise Password Vault's pricing policy.

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Vishnu Ramachandra - PeerSpot reviewer
Security Engineer at Suraksha

Payments have to be made on a yearly basis toward the licensing costs of the solution.

I would say that the solution is expensive because it's only preferred by the top-tier companies involved in banking or insurance who have no problem with budgets for their cybersecurity. A medium or small-sized company would prefer to use some other solution over CyberArk Enterprise Password Vault.

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S Azeem - PeerSpot reviewer
Technology Manager at a computer software company with 201-500 employees

CyberArk Enterprise Password Vault's pricing is reasonable. Since CyberArk Enterprise Password Vault is an enterprise-level solution, its cost is higher than other solutions in the market. The solution comes with maintenance for the first year. However, after that, we need to pay for maintenance.

CyberArk Enterprise Password Vault's licensing model is comparatively very easy. It has a single license. We can deploy the solution based on the particular solutions we need.

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Meo Ist - PeerSpot reviewer
Senior Product Manager and Technology Consultant at Barikat

The product’s pricing is feasible for enterprise customers. The pricing is expensive for smaller businesses. You need to pay additional costs for service implementation and local support.

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AD
Sales Engineer at Softprom by ERC

The solution is cost-effective for the features. In comparison, other vendors would charge extra for the same features. Also, its pricing model is based on the number of users rather than the number of servers. Thus, there are no additional costs. I rate its pricing a six or seven.

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Aakash Chakraborty - PeerSpot reviewer
IEM Consultant at iC Consult GmbH

This is very costly software. However, I haven't really dug into the licensing. My organization gives all its employees a free license and therefore I don't have to worry about pricing. My organization is a partner with CyberArk also. Even so, we just have one instance as a practice instance. 

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CD
Senior Leader at a financial services firm with 5,001-10,000 employees

There are no additional costs other than the standard licensing fees.

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SS
Manager Engineering at a comms service provider with 1,001-5,000 employees

CyberArk's license is too expensive. I rate it seven out of 10 for affordability.

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DK
Information Security Engineer II at a healthcare company with 1,001-5,000 employees

The SaaS version of CyberArk Enterprise Password Vault is very expensive, but the on-premises version is relative, e.g. depending on the size of the environment, it can be a bit pricey, but it's relatively okay compared to the others. It's their SaaS solution that's expensive.

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MN
Manager at a consultancy with 10,001+ employees

Licensing fees are paid on a yearly basis.

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GJ
PAM Architect at a tech services company with 11-50 employees

CyberArk is very expensive and there are additional fees for add-ons.

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FF
Senior Presale - BU Information Security at a tech services company with 51-200 employees

It's an affordable platform.

It is not the cheapest solution available on the market, but if you want a good project, you need to have the value of the solution you are selecting. 

In my opinion, it is a good compromise between the cost and the benefits. I think the price is fair.

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AS
System Administrator at Porto Editora

It is expensive, but the cost is justified considering the security it provides. Compared to other solutions, it is costly. We have not tried other solutions, but the price is high. 

We only license Password Vault.

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MB
Information Security Consultant at a tech vendor with 10,001+ employees

I rate the tool's pricing an eight out of ten. 

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FG
Node.js Backend Developer at a tech services company with 1,001-5,000 employees

CyberArk is more expensive than other solutions, but it's necessary when the company has contacts with other branches and partners. 

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PG
Technical Lead IMSS at a computer software company with 1,001-5,000 employees

The licensing plan is either six months or one year — it's not on a monthly basis.

Every company will have a different license fee, but ultimately, it comes down to how many users you want to manage and how many companies you want to support. If you want three CPMs, then you'll need licensing for three. It's per-company, license-based.

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SS
Manager Engineering at a comms service provider with 1,001-5,000 employees

This product is very expensive.

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DW
Security at a tech services company with 201-500 employees

On-prem CyberArk is pretty expensive. It's pricey and you get what you pay for. It's an incredible product for what it does, but it's significantly cheaper to go to the cloud.

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GK
Consultant at a financial services firm with 5,001-10,000 employees

This solution is expensive.

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JF
Security Architect at a financial services firm with 10,001+ employees

The price of this solution is expensive.

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MH
Information Security Analyst at a financial services firm with 1,001-5,000 employees

Password Vault is much pricier than other solutions. A vendor team might struggle to explain why that price is justified. There are good alternatives that cost less.

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OZ
Lead Systems Architect at IT Specialist LLC

As far as I know, CyberArk changed its pricing policy for our region. Overall it was very expensive a few years ago, but now, just around a year ago, it became less expensive and it's easier for us to sell it.

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it_user1333062 - PeerSpot reviewer
Director at a tech services company with 11-50 employees

There are costs in addition to the standard licensing. There is an implementation fee. Those are additional fees and the customer has the annual maintenance, the software, and whole maintenance cost added to that. So there are additional costs besides this standard license.

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it_user1026123 - PeerSpot reviewer
Pre-sales Engineer at StarLink - Trusted Security Advisor

I think that it might be cheaper than the other competitors in our region.

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MW
Presales Engineer/Network Security Technical Consultant at a tech services company with 51-200 employees

The price is higher than the competition, but if the customer wants the best product for their company, they won't mind the price.

We have a permanent license. Licensing is based on how man users you have, so the pricing varies according to the size of the company.

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it_user531600 - PeerSpot reviewer
Advanced CyberArk Specialist at a tech services company with 1,001-5,000 employees

Plan ahead regarding the licensing costs. You can get a better prices per license as the number of licenses increases. CyberArk is open to providing a test license so you can test any particular functionalities prior to buying the real license.

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Buyer's Guide
CyberArk Enterprise Password Vault
April 2024
Learn what your peers think about CyberArk Enterprise Password Vault. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
768,578 professionals have used our research since 2012.