CyberArk Privileged Access Manager Pricing

SatishIyer - PeerSpot reviewer
Assistant Vice President at a financial services firm with 10,001+ employees

I'm aware that the organization had purchased licensing for almost all of CyberArk's solutions including licensing for PTA, EPM, and the Application Identity Manager. But when it comes to PSM, this is one of the components where there's an additional charge for any extra PSMs that you want to deploy. I believe that there's some rider where the vendor has a bit of leeway to, at times, charge a premium on whatever additional services you may require above the board.

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Jonathan Hawes - PeerSpot reviewer
CyberArk PAS Administrator at L3Harris Technologies

For licensing on a localized on-prem installation, the CorePAS licensing model enables the most critical component products within the PAM stack, enabling multiple layers of security which can take a while to implement.

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Jonathan Hawes - PeerSpot reviewer
CyberArk PAS Administrator at L3Harris Technologies

While the IAM space is heating up with new vendors, both CyberArk development and the product team seem to be ahead of the curve, with features and products to enable enterprise customers the ability to secure their networks and break the intrusion cycle.

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Buyer's Guide
CyberArk Privileged Access Manager
March 2024
Learn what your peers think about CyberArk Privileged Access Manager. Get advice and tips from experienced pros sharing their opinions. Updated: March 2024.
765,234 professionals have used our research since 2012.
TD
IT Manager at BCBS of MI

The PAM product isn't low-cost, however, it is worth it. Go with a longer-term agreement to realize lower costs.

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RB
IT Manager at a tech services company with 10,001+ employees

I'm not involved in the purchase of the CyberArk Privileged Access Manager licenses, so I'm unable to comment.

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reviewer990891 - PeerSpot reviewer
Information Technology Specialist (Contract role) at a tech services company with 10,001+ employees

Engage with Cyberark account management and professional services to fully understand your current, expected, and future requirements. 

Some default settings applied early on may be very time-consuming to amend at a later date (for example, set a default attribute in a platform, extrapolate that platform out to 300 other platforms and a single change may then have to be retrofitted 300 times). So the more scope you can define at deployment the better.

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Alex Lozikoff - PeerSpot reviewer
Business Development Manager at Softprom by ERC

I would rate CyberArk's pricing a nine out of ten, with one being cheap and ten being expensive. It's one of the most expensive solutions in the market, but it's worth it.

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KD
Network Engineer at CalSTRS

I haven't seen the numbers. I know it is not cheap, but I don't know what it is. I would rate it a six out of ten in terms of pricing. It is definitely more expensive than the other product, but it also provides more functionality, and it is modular too. So, we pay for the functionality we're actually going to use, and that's nice.

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MM
Security Advisory Services (SAS) Business Growth Lead for Iberia at a computer software company with 10,001+ employees

The main problem for the tool is its licensing. I work for a really big company. When you try to develop this as a service, usually you work with leverage teams who are formed with dozens of members. You might dedicate one FTE, or less, for something, e.g., an antivirus administrator. You might have half an FTE's effort dedicated to administering the antivirus, but then you have a team of about 30 users who might access that ticket. The problem is that CyberArk eliminated the possibility of concurrent users years ago. This is a big problem for companies who work with leverage teams.

You need to pay for everyone. 40 licenses are used by 20 or 30 people. This is a big problem because licenses are not precisely cheap.

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Oluwajuwon Olorunlona - PeerSpot reviewer
Cyber Security Engineer at eprocessconsulting

It is pretty pricey. I would rate it a seven on a scale of one to ten, where one is cheap, and ten is very expensive.

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Hrushikesh Karambelkar - PeerSpot reviewer
Sri Privileged Access Management Architect at Edgile

The solution is costly but we get what we pay for.

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

It's a yearly license that we pay. It is more expensive than other options. There are competitive products that are cheaper. 

I can't speak to the exact price. On a scale of one to five, with one being the most expensive, I would rate it a one. The license covers five servers. If you need more servers, you pay more. The same is true with disaster sites. If you need a disaster site, you are fine. It is included. If you need more, you need to pay for it. 

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Salif Bereh - PeerSpot reviewer
Consultant at a consultancy with 10,001+ employees

CyberArk is one of the best PAM solutions and one of the most expensive, but it works better than the others, so the pricing is fair.

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reviewer988578 - PeerSpot reviewer
Snr Technical Consultant at a tech services company with 10,001+ employees

Set-up costs can be minimized by controlling the number of applications that are made available within the solution. The newer licenses are per user and open up access to a suite of products, the best value, and security can be achieved by using more of the products.

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JA
Security Lead at a insurance company with 1,001-5,000 employees

CyberArk had just changed switched their licensing model to perpetual licenses when we purchased, including the whole PAM Suite. Before we bought it, they were licensing each function individually, which got complicated and very expensive. When we decided to buy it, it was much more straightforward and still quite expensive, but it brings a lot of value and risk reduction to the organization. 

In the last year or so, it's my understanding that they have switched from a perpetual licensing model to pushing companies to a subscription-based model. I have not dealt with this yet, so I'm not sure my feedback on licensing would be too valuable because they've moved away from the license type we purchased.

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FD
Senior Security Consultant at a computer software company with 5,001-10,000 employees

CyberArk isn't cheap, but it's the best. You have to pay for quality. 

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Jan Strnad - PeerSpot reviewer
Security Architect at AutoCont CZ a. s.

I'm a technician so I don't handle the licensing for CyberArk Privileged Access Manager, but I know that the price for the core license is about €140 per year. There's another type of license, the external vendor license, and that's about €600 and you can manage twenty devices. From what I know, the price for one device in a subscription is about €65 per year.

You can buy the CyberArk Endpoint Privilege Manager too, or you can buy some other application or application license with CyberArk Privileged Access Manager, but all other features, such as the Analytics Server is included in the basic CyberArk license. With WALLIX, you need to buy separate licenses for the features.

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Iordanidis Iordanis - PeerSpot reviewer
Procurement Manager at OTE Group

I know that CyberArk is now changing the pricing model to subscription-based. My understanding is renewals will be done on the subscription-based models. The pricing is reasonable. We pay annually.

The costs depend on if you were talking about the access of internal or external users. There is also an extra external fee for supporting the licensing.

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DK
Manager at a financial services firm with 1,001-5,000 employees

The price of CyberArk Privileged Access Manager is expensive. There are no other fees other than the standard licensing fees.

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it_user519366 - PeerSpot reviewer
Information Security Advisor at a insurance company with 1,001-5,000 employees

There are a handful of options out there providing similar services. However, none of them are as far along or provide as much stability and innovation as CyberArk. Pricing and licensing are going to depend on a great many factors and can be split up from when the system is originally implemented, and upgrades and new software down the line. All that being said, the money in question was not a deterrent in picking CyberArk for our solution.

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Iordanidis Iordanis - PeerSpot reviewer
Procurement Manager at OTE Group

I would rate the tool’s pricing a six out of ten.

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Muamer Riza Gani - PeerSpot reviewer
Assistant Vice President for Cyber Security Project at a financial services firm with 1,001-5,000 employees

There are additional features added to our CyberArk Privileged Access Manager license. For example, features that allow us to integrate into various kinds of platforms.

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Syed Javid - PeerSpot reviewer
Security Consultant at a financial services firm with 1,001-5,000 employees

Previously, the pricing was very meager. They started publicizing and advertising the solution, growing CyberArk, as an organization. They also changed their pricing with that growth, e.g., the pricier the product, the more people who will purchase it.

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reviewer990921 - PeerSpot reviewer
IT Support Specialist / Project Lead at a energy/utilities company with 10,001+ employees

Setup, costs, and licensing are fairly straightforward and easy to navigate. Questions to the account manager typically resulted in the answers needed.

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DH
Senior Technologist at a retailer with 1,001-5,000 employees

Understand your needs prior to purchasing. Cyberark team will advise as well which is a plus.

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VA
Consultant at a recruiting/HR firm with 10,001+ employees

I don’t deal with the licensing. That said, my understanding is that it is on the higher side.

When we need enhancements, we do have to pay more.

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ChaminiEllawala - PeerSpot reviewer
Identity and Access Management Engineer at Wiley Global Technology Pvt. Ltd.

CyberArk is an expensive product.

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JP
Cybersecurity Engineer at a healthcare company with 10,001+ employees

It is in line with its competitors, but all such solutions cost too much money.

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MK
IT Manager at a financial services firm with 1,001-5,000 employees

We use an old model for pricing. The new model is a subscription model on the cloud. 

The price of CyberArk support could be a little bit less. Otherwise, pricing is fine.

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Furqan Ahmed - PeerSpot reviewer
Network Engineer at Pronet

The licensing can be yearly or over a couple of years. Support needs to be renewed every year. 

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Gaurav Gaurav - PeerSpot reviewer
Architect at a tech services company with 10,001+ employees

The pricing used to be very competitive. I can't speak to the exact pricing. However, it is my understanding that it has gotten more expensive. 

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SB
IEM tower manager at Capgemini

Regarding pricing, we have an APAC sheet and a contact person from CyberArk Singapore that provides a pricing sheet when we need one.

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

They have two types of licensing: purchase and subscription. You have to pay for each admin user, such as Microsoft admin, mail admin, database admin, etc.

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YP
Threat Protection Architect at a consumer goods company with 10,001+ employees

CyberArk is quite expensive and they should have a better pricing model.

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Korneliusz Lis - PeerSpot reviewer
CyberSecurity Service Support Specialist at Integrity Partners

Licensing may sometimes seem a little complicated. A good partner from CyberArk can work it out.

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VS
Senior Associate at a consultancy with 10,001+ employees

This solution is considered to be more expensive than others out there on the market today.

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AP
Technical Manager at Tech Mahindra Limited

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. 

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JM
Lead Automation Developer at COUNTRY Financial

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.

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RD
Systems Admin Analyst 3 at CPS Energy

We use Texas DIR when evaluation and making purchases of products.

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KS
Information Security Administrator at a insurance company with 501-1,000 employees

CyberArk DNA is free if you purchase the CyberArk solution. There is no additional charge for CyberArk DNA, which is great.

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GO
Founder at GoTab IT Risk Services

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.

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Maarten22 - PeerSpot reviewer
Works at Liberty Global

Make sure to use the latest licensing model as that will give you most of the "cool" features to work with.

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ProbalThakurta - PeerSpot reviewer
Senior Partner at a tech consulting company with 51-200 employees

The license CyberArk Privileged Access Manager is on an annual basis.

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BRUNO REYNAUD - PeerSpot reviewer
Information Security Engineer - Pre-sales at a tech services company with 11-50 employees

The price of the solution is reasonable.

I rate the price CyberArk Privileged Access Manager a seven out of ten.

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TK
Cyber Security Consultant at a tech services company with 10,001+ employees

Please contact your local CyberArk Sales support, they will better guide you.

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AM
Product Owner at a tech services company with 1,001-5,000 employees

It's expensive, certainly. But CyberArk is the leader in the market with regards to privileged access management. You pay a lot, but you are paying for the value that is being delivered. 

It's not a tool for small companies. You need to be a large company with a lot of resources to implement it. But the price tag can be justified, even though it's always hard to quantify these things. It really brings value, regardless of the level at which you implement it. If you use it at a very basic level, as just a password manager, or you go further with all the other elements of the tool, it's expensive, but it's worth the price.

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it_user677688 - PeerSpot reviewer
CyberArk Consultant at a comms service provider with 10,001+ employees

I do not have anything to do with pricing.

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it_user497118 - PeerSpot reviewer
Senior Executive Information Security at a manufacturing company with 10,001+ employees

It is expensive.

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Volodymir Kolisnyk - PeerSpot reviewer
Security specialist at Kavitech

The product is expensive.

I rate the product’s pricing a seven out of ten, where one is cheap and ten is expensive.

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AT
Managing Director at FOX DATA

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 

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AM
Senior Security Manager at SMU

Pricing is quite high and it could be improved.

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MV
CyberArk PAS Solution Professional | Project Manager at a tech services company with 10,001+ employees

The pricing and licensing depend on many factors and on the components considered for implementation.

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it_user674049 - PeerSpot reviewer
Head of Technical Services at a tech services company with 51-200 employees

I don’t work with pricing, but licensing is dependent on the needs and requirements of each customer.

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Mammad BNB - PeerSpot reviewer
Director Of Technical Operations at BNB Security Alliance

The price of CyberArk Privileged Access Manager could be less expensive.

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reviewer990912 - PeerSpot reviewer
Senior Manager - Privileged Access Management at a tech services company with 10,001+ employees

Standardised offerings that allow for customer-specific flexibility.

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DD
Information Security Engineer at a international affairs institute with 1,001-5,000 employees

Attempt to minimize the AIM deployments as the license is expensive. Take a license for a test instance even if it might cost extra.

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it_user507834 - PeerSpot reviewer
Senior Consultant at a consultancy with 10,001+ employees

I was not involved in the pricing and licensing. I have an idea that it's on the higher side of the price scale.

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it_user512235 - PeerSpot reviewer
Sr. Technical Consultant at a tech company with 51-200 employees

The solution is costly and the licensing is very complex.

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it_user185532 - PeerSpot reviewer
Security Expert at SecurIT

Try to create a good design with a CyberArk partner before you start thinking about licensing. Then, you will have a good view on the components needed to suit your environment from the start towards a fully mature environment.

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it_user834369 - PeerSpot reviewer
Associate Vice President & Head of Apps Support at a tech services company with 10,001+ employees

The cost and licensing fees of the software are fairly reasonable.

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HP
Lead Consultant at a tech services company with 10,001+ employees

I do not have any opinions to add about the pricing.

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it_user514779 - PeerSpot reviewer
Project Manager at a tech services company with 10,001+ employees

The product is costly due to its active management features.

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it_user512265 - PeerSpot reviewer
Consultant at a tech company with 1,001-5,000 employees

As far as pricing, personally, I’m not involved in the sales part. So, I cannot elaborate on this topic. For licensing, I can advise the same thing as mentioned elsewhere: Start small and gradually grow.

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it_user514596 - PeerSpot reviewer
Security Technical Consultant at a tech services company with 10,001+ employees

Appropriately scope the organisation’s requirements to ensure licenses are not over-provisioned.

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it_user234336 - PeerSpot reviewer
Technical Manager, System Division at a tech services company with 501-1,000 employees
reviewer991878 - PeerSpot reviewer
Senior IT Security Engineer at a insurance company with 5,001-10,000 employees

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.  

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it_user574734 - PeerSpot reviewer
Technology Architect at a renewables & environment company with 51-200 employees

A good architecture will help to gather the business requirements. You can then come up with the right sizing and licenses. If it is a large installation, implement in phases to become familiar with the products, and then purchase the licenses at the right time.

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it_user871449 - PeerSpot reviewer
IT Analyst at a tech services company with 10,001+ employees

In comparison to other products on the market, CyberArk is a more costly product.

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it_user455391 - PeerSpot reviewer
IT Admin at a tech company with 10,001+ employees

One should negotiate well.

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KR
Technical Director at Unique Performance Techsoft Pvt Ltd

The cost is high compared to other products, but CyberArk provides all the features bundled. This is compared to other vendors who provide them as a different license for each functionality.

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it_user620580 - PeerSpot reviewer
Security Engineer at a tech services company with 51-200 employees

Look well at the user base and frequency of use. A lot of licensing models exist, but having this clear will immediately indicate what fits best.

As for pricing, I cannot comment.

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it_user620580 - PeerSpot reviewer
Security Engineer at a tech services company with 51-200 employees

Examine the user base and frequency of use. A lot of licensing models exist. However, having this clear will immediately indicate what fits best. As for pricing, I cannot comment.

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MV
Engineering Lead PAM with 10,001+ employees

Generally, I don't get involved in the licensing or the purchasing side of it, but I do know that the licenses are expensive.

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HT
CDO & Co-Founder at ELYTIK

The solution is very expensive and requires a license. We pay for an enterprise license.

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it_user685302 - PeerSpot reviewer
Technical Lead at a tech services company with 10,001+ employees

As our deployment was not so large, our client was happy with the pricing and licensing.

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RS
Principal Consultant, IAM Projects at a tech services company with 201-500 employees

It is quite costly. The license is a concern for some of the clients. 

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it_user507363 - PeerSpot reviewer
IT Security Consultant at a tech services company with 10,001+ employees

I cannot comment much on this because CyberArk has different pricing for its partners or resellers, and might also vary according to size of procurement.

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it_user445038 - PeerSpot reviewer
Cyber Security Supervisor at a tech company with 1,001-5,000 employees

From my experience, for small environments, the subscription licensing model is very cheap.

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it_user635622 - PeerSpot reviewer
Vice President - Cyber Security at a tech services company with 10,001+ employees

I do not have experience with the pricing or licensing of this product.

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it_user665142 - PeerSpot reviewer
SD/Infr Coordinator at a computer software company with 201-500 employees

Pricing and licensing depend on the environment. First, make a good plan.

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RN
Product Manager at a tech services company with 11-50 employees

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.

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it_user551259 - PeerSpot reviewer
Iam Engineer at a tech services company with 201-500 employees

It is very expensive. They charge for every single thing they offer.

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SB
Security Team Lead at a tech services company with 10,001+ employees

No, I do not have any advice on the price of the product. It is a great product that I recommend to others. 

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it_user685299 - PeerSpot reviewer
IT Security Specialist at a tech services company with 11-50 employees

It can be an expensive product. I Suggest only licensing basics to begin with and as need arises, start to license extensions (AIM, etc.) during next phase of implementation.

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LT
Auditor de Sistemas y Procesos at a tech services company with 11-50 employees

The price of this solution is quite reasonable. 

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it_user674070 - PeerSpot reviewer
Senior Technical Trainer at a tech services company with 501-1,000 employees

It is not a cheap solution. It is expensive as compared with other solutions. However, it is one of the best solutions in their domain.

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Buyer's Guide
CyberArk Privileged Access Manager
March 2024
Learn what your peers think about CyberArk Privileged Access Manager. Get advice and tips from experienced pros sharing their opinions. Updated: March 2024.
765,234 professionals have used our research since 2012.