I can’t speak to the general cost of the solution. They have a very flexible model for partners like us, however. It is a pay-as-you-grow model.

The price is competitive. We can scale based on the licensing. It is an annual CapEx.

The pricing is very good. It's reasonable and competitive. I'd rate the pricing at five out of five. 

We pay for a license for FortiSIEM. We pay for the license and renewal. 

It is expensive. The initial cost was almost prohibitive, but we went with it because it was a recommendation from our recruiters. Otherwise, we probably wouldn't have done it because it was expensive.

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.

You can get an annual license for FortiSIEM or a three-year license. It can be expensive if you're pulling data from many sources. If you plan to keep the solution for a while, I recommend choosing a three-year license or longer to save money. 

Fortinet FortiSIEM is very cost-efficient compared to other SIEM solutions.

On a scale from one to ten, where one is cheap and ten is expensive, I rate the solution's pricing a seven out of ten.

FortiSIEM might be considered expensive in some markets. We have an international customer base, and it's affordable for a lot of them. 

However, customers in some markets cannot build a suitable use case around it. But it's not because of the product. It often depends on customers' operation organization. 

You also need some operation and security knowledge to make a professional management decision. 

A company needs to work with the consultants and distributors who are delivering the environment and necessary support.

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.

Fortinet FortiSIEM is cheaper compared to other products.

The price of the solution is expensive. The license is scalable. If there are 10 devices it is simple to license.

Pricing is determined based on the customer's budget. We discuss how to tailor the pricing to fit the specific needs and financial considerations of the customer.

The price of Fortinet FortiSIEM is manageable. The cost is approximately $90,000 on an annual basis.

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

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.

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

Fortinet's products are not expensive, it is less than the competition. There are additional fees for space in the virtual environment. You require virtual space because the logs take up space on the disk. Eventually, you need to buy disks and put them in your environment or in the cloud. Without the disk, you have to turn off the device.

I would rate them a three out of five overall for pricing.

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

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

As mentioned above, they need to improve their licensing, but it depends on what industry segment they're going after. Maybe introduce some kind more attractive bundle for SMB's to help them get started with the product.

It is cheaper than LogPoint or QRadar.

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

The pricing is very, very affordable. For the value you get, I think it’s about the cheapest solution on the market.

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.

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.

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.

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

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

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.

They have a yearly subscription.

I haven’t looked at the latest offerings or licensing models since Fortinet bought this product. Previously, AccelOps was looking to add other Tableau reporting modules for more complex reporting purposes. This was not attractive to us, due to the high cost of Tableau's licensing. Also, it required licensing for an event forwarding engine to be installed on the servers. The cost was getting high when we looked at licensing for 50-plus servers.

The pricing seems fairly standard in terms of the pricing model, so how it compares to other similar products I don’t know. The people I took this to about replacing the other product didn’t seem to blink at the price.

Please be cheaper and more simplified.

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