Splunk Enterprise Security Pricing

Sameep Agarwal. - PeerSpot reviewer
Group manager at HCM Technologies

Splunk can be an expensive solution. It all depends on how we configure the alerts and the events from the endpoints. You can save some money if you do that correctly. If not, it becomes an expensive solution.

If you don't have the money, you can go for an open-source solution like RedELK, which is based on Elasticsearch. It's cheaper, but you have a lot of support issues. There are no security upgrades. Those are not well supported. If somebody has a basic understanding of the technology and the necessary budget, I would say stick with Splunk. Its ease of use is attractive to an engineer.

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Avinash Gopu. - PeerSpot reviewer
Associate VP & Cyber Security Specialist at US Bank

Splunk Enterprise Security is expensive but the solution is equipped with a lot of features.

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Viney Bhardwaj - PeerSpot reviewer
Sr Manager at Ernst & Young

It is expensive. That is why many customers have moved to IBM QRadar. The price is definitely a challenge for customers.

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Buyer's Guide
Splunk Enterprise Security
March 2024
Learn what your peers think about Splunk Enterprise Security. Get advice and tips from experienced pros sharing their opinions. Updated: March 2024.
765,234 professionals have used our research since 2012.
Praveen-Kadali - PeerSpot reviewer
Senior Consultant at Ernst & Young

Unlike other security tools, Splunk provides a fixed amount of gigabytes per day, and we are required to pay for any additional usage beyond that limit, in addition to our monthly cost. I believe this pricing structure is reasonable for medium and large organizations.

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MR
Manager, Security Engineering at a computer software company with 1,001-5,000 employees

We get enterprise licensing via Intuit, our parent company. The licensing is horrendously expensive. 

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SAURABHYADAV4 - PeerSpot reviewer
Technical Specialist at HCL Technologies Limited

The cloud version of Splunk is somewhat expensive, but it does provide some flexibility because you do not need engineers to manage the system. Everything is hosted in the cloud because it is a SaaS service. It depends on the usage. It is costly, but everything good thing comes at a price.

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Rishabh Gandhi - PeerSpot reviewer
Senior Security Analyst at Inspira Enterprise India Pvt. Ltd.

Splunk Enterprise Security is a very good tool, but it uses many resources and comes at a very particular cost, while other tools can easily do the work. There are certain pros and cons to using Splunk Enterprise Security.

The solution's pricing will depend on enterprise to enterprise. For a small enterprise, the solution's cost of ingestion to the cloud will be very high compared to other tools. The licensing cost of data usage is much higher for Splunk than any other tool. Splunk Enterprise Security is not at all cost-friendly to be deployed in very small enterprises like start-ups. Using Splunk for small enterprises is unreliable, and I rate the solution two or three out of ten for its pricing in small enterprises.

I rate the solution five out of ten for its small to medium-enterprise pricing. If they deploy it and have expertise, Splunk Enterprise Security will give them more visibility into their environment. This tool will require licensing costs. If they don't have more environments from where they ingest logs, their data licenses will also be less.

If large enterprises can afford Splunk Enterprise Security, they must select it since the experts working on Splunk can give much more complex insight than any other tool. For large enterprises, it's a great tool for visibility because it can create complex queries, including two different indexes. That is something quite unique about Splunk Enterprise Security.

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TB
Sr Cybersecurity Engineer at a energy/utilities company with 10,001+ employees

Splunk Enterprise Security is cheaper than competitors, but I do not know whether it is just our contract. 

Everyone says that Splunk, in general, is expensive. I have talked to many peers within our industry, and I know a lot of individuals who are moving away from Splunk just because of the price. That is one of the reasons why we are looking at other competitors to see if anyone is doing something better than Splunk and has a cheaper rate.

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SC
CSO at a manufacturing company with 1,001-5,000 employees

Splunk Enterprise Security's pricing is high. Larger companies may afford it, but I believe that in the current market situation, where everyone is facing challenges, financial resources are tight. Even stock market tech companies are embracing cost-saving measures. Expenses are now more constrained compared to a few years ago when companies had greater spending capacity. Companies are reluctant to make hefty payments. While Splunk is cheaper than Microsoft Sentinel, QRadar is priced at half the cost of Splunk.

Splunk Enterprise Security's licensing is typically determined by the data throughput we handle. Additionally, they offer an alternative pricing model which involves payment based on CPU usage. This newer model was introduced as a response to Elastic Security. However, Splunk enforces licensing in either scenario. 

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MANISH CHOUDHARY. - PeerSpot reviewer
SOC manager at a tech vendor with 10,001+ employees

While Splunk is more expensive than other solutions, we would still choose it because of its capabilities. Splunk is a leader in the field and provides a wider range of data and security features than other SIEM solutions.

I would recommend Splunk over any of the less expensive SIEM products. I recommend the license-based solution over the user-based solution that Splunk offers. If I had to recommend any other SIEM other than Splunk, it would be Microsoft Sentinel.

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Jeremiah Anderson - PeerSpot reviewer
Sr. Cybersecurity Engineer Splunk Architect at Coalfire Federal

Luckily, we come under a large federal agency, and before the pandemic, they signed a large enterprise license agreement. It worked out great and to our advantage because we are a small organization. We got a 300 gig license, and we just did not have the buying power to be able to get products cheaply. Because we all partnered together under the agency umbrella, we were able to get Splunk Enterprise Security, UBA, and ITSI for cheap. This was good considering the fact that some of these premium apps require a minimum number of users, and we do not have the number of people needed to even justify buying it.

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DS
Security Analytics innovation lead at a pharma/biotech company with 10,001+ employees

Splunk Enterprise Security is quite expensive compared to some products on the market. 

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LC
Security Engineer at a recreational facilities/services company with 10,001+ employees

I can comment on price in this way - in education in Ohio, we're part of the Ohio supercomputer consortium, and they act as a collective bargaining agent. So we get our licensing as a piece of the State of Ohio's Splunk license. So my pricing is very much not list or even reduced list because of the volume that the state buys.

We generally spend about $20,000 a year in third party integrator costs to get us past some of the rough edges that we get with Splunk support.

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Balamurali Vellalath - PeerSpot reviewer
Practice Head-CyberSecurity at ALTEN calsoft Labs

In terms of a comparison with the rest of the competition, the licensing cost would be, I would say, 30% higher than most.

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JG
IT Director at Administrative Office U.S. Courts

The pricing is a little bit on the higher side, but looking at what Splunk provides us, it is reasonable.

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YT
Regional Sales Manager at Redington (India) Ltd

Splunk is definitely not a cheap solution. It is an expensive product.

If a customer is evaluating SIEM solutions and is considering cheaper products, it depends on the customer's budget and use cases. For a large, enterprise customer with critical infrastructure that needs to be monitored 24/7, obviously, the cheaper solutions may not have the capacity to handle the huge volume of data. Splunk has the SIEM and the scalability as well as visibility features. When you want to monitor your applications and how they are performing, that is where Splunk is very strong.

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OO
Owner at Py Concepts

The pricing is on the high side. It's not a solution for SMEs.

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BC
IT Specialist at a government with 10,001+ employees

Its price is fair. Like with anything else, if you go into the cloud, different providers cost more, and you are able to throttle back or throttle up. The cost is comparable with anything else.

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SK
Senior Engineering Manager at Happiest Minds Technologies

The solution is costly. The cost is calculated based on the volume of data ingested per day.

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Hari Haran. - PeerSpot reviewer
Technical Associate at Positka

Most of the companies we work with are keen on budgeting. They can't spend much on security. Their problem is with the cost. They would like to have it but the problem is the budget. If they got a taste of Splunk Enterprise Security and its benefits, they might be able to cope better. A 15-day trial doesn't give them much hands-on or benefit from the tool. From a security perspective, they would need to have it for six months or a year to get a sense of it.

We try to explain, to someone who is concerned about the cost, the functionality and how powerful the application is. Security people know it's better to have a better solution, but management has to look at the budget.

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PW
Director of Security Engineering and Operations at a legal firm with 1,001-5,000 employees

I believe that Splunk Enterprise Security is worth the price, but it is expensive. I am always trying to balance the need for security with the need to be cost-conscious.

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MA
System Administrator at Nournet communications

Splunk Enterprise Security is expensive. I would rate the cost an eight out of ten with ten being the most expensive.

I recommend Splunk Enterprise Security over cheaper SIEM solutions because of its offerings.

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JB
Security Engineer at State of Nevada

I don't deal with pricing or licensing. 

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SN
Senior Analyst at a computer software company with 11-50 employees

Splunk costs a little more than other SIEM solutions. It would be nice if they could bring the price down a little. 

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Riaz Ahmmed - PeerSpot reviewer
Team Lead at ATSS

Splunk Enterprise Security's price is high. I would rate the cost as ten out of ten, with ten being the most expensive.

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Chetankumar Savalagimath - PeerSpot reviewer
Delivery Manager at a tech services company with 1,001-5,000 employees

The pricing depends on the bandwidth of an organization and is good compared to some SIEM tools. IBM, for example, is quite costly. But Microsoft Sentinel is notably cheaper. I have seen a lot of organizations running on Sentinel.

IBM is for quite large organizations that don't want to have their data on the cloud. Splunk has both on-prem and cloud modules and, cost-wise, Splunk is better. Internally, we cannot push everything to the cloud. That would become too expensive for us. So we have it sitting in our data center and that is good.

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SaravanaKumar1 - PeerSpot reviewer
Principal Consulting - Cloud & Infrastructure Services at Fourth Dimension Technologies

Splunk is more expensive than most solutions, but it offers lots of value. If a customer wants the cheapest solution, we'll use that.

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Alex Adamovici - PeerSpot reviewer
Head of Knowledge Capture Cloud at Integritie

It's yearly a yearly license on a three-year contract. On a three-year contract, you get a discount basically - rather than putting it on a rolling yearly contract.

On pricing, if I base it on the functionality of the system out of the box, I would rate it five out of five.

They have several prepackaged modules you can purchase. For example, for the security type, they have Security Enterprise, with the default products getting security essentials. With Infrastructure, the same. We've got an ITOps enterprise, which again, is payable on top of the standard license. 

It's pretty much how much you can actually build in-house. The difference between AT&T, LogRhythm, and Splunk, while AT&T and LogRhythm are pretty out of the box (it's click and configure), Splunk is highly configurable. 

You can make it do whatever you want to, as long as you know how to edit the configuration files. What ITOps and Security Enterprise do, instead of you having to build all that from the ground up, so the dashboards, the logic behind it, the configuration files, and so on, become prepackaged and pre-installed.

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Kutay KOCA - PeerSpot reviewer
Cyber Security Analyst at Clarusway

Splunk Enterprise Security is expensive.

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RV
CEO at a retailer with 51-200 employees

I find Splunk Enterprise Security to be overly expensive, and their pricing model lacks flexibility. There is no consumption-based pricing, and dealing with Splunk can be challenging. They seem rigid, less accommodating, and often don't listen to customer needs. A more flexible and customer-friendly pricing approach, aligning with industry trends, would be appreciated.

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PP
Senior Security Engineer at a tech services company with 201-500 employees

The cost is on the high end, which makes it difficult for some organizations to use. However, the benefits outweigh the cost.

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Yash-Gupta - PeerSpot reviewer
Analyst, TSG Information Security Cyber Operations at a consultancy with 5,001-10,000 employees

It's mostly for EDR. You can cover servers as well; however, that requires additional licenses. Pricing is based on usage. As an EDR specialist, I interact with the tools and perform investigations. I don't deal with licensing directly.

This is quite new to me. I've only recently started working with Splunk. I used to work in EDR. It took me two to three months to understand the internal architecture of the organization, and based on that, I can use Splunk for all kinds of searches. So, how long it takes to realize the benefits of Splunk depends on the person and the complexity of the environment. 

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AD
IT Manager at a aerospace/defense firm with 10,001+ employees

Splunk is very expensive. The license is based on the volume of the logs ingested. I was responsible for managing the contract with our service integrator. I don't know the precise details of the competing solution, but I have heard that Splunk is more expensive than others. I don't know what the going rate is on the market, but I think there are at least two competitors that are less expensive. We have experienced a few issues with our service providers in terms of log filtering and ingestion, so we continue to pay a bit more per day for our logs.

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AG
Chief Cybersecurity Architect at a security firm with 201-500 employees

The pricing is very complicated, and it is very pricey. You do require a lot of different licenses in order to get a comprehensive solution that is not just the SIEM solution.

To someone who is evaluating SIEM solutions but wants to go with the cheapest solution, I would recommend QRadar.

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SoheylNorozi - PeerSpot reviewer
IT Consultant at a tech services company with 51-200 employees

Splunk Enterprise Security is hardly affordable for most of our clients, causing many of them to resort to using open source solutions instead.

In addition to the licensing fee, there is also a support and maintenance charge.

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Kenny Corbett - PeerSpot reviewer
Associate Director of IT at Rigel Pharmaceuticals Inc

I am fine with the licensing, but in terms of the cost, it is expensive for the data that we have. We have an open discussion with our account rep about this.

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SO
Manager at a consultancy with 1-10 employees

While Splunk is a powerful enterprise tool, I'm new to it myself. I've heard Splunk is often preferred over other options, but the cost can be prohibitive for smaller organizations.

There are cheaper SIEMs available, but they require much more manual configuration, typically by developers with scripting knowledge. Splunk does not require this manual configuration, and its parsing, indexing, and visibility are superior.

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VK
Security Analyst at a tech services company with 1-10 employees

I can't comment on pricing. I don't take care of that aspect. 

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VA
Tech Director at a government with 10,001+ employees

From what I have seen so far, Splunk has multiple cost models. The one that we are using is pretty good when it comes to ingesting data into the environment. It has worked out pretty well.

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SH
Cyber Security Engineer at a university with 5,001-10,000 employees

I work on the technical side, so I don't know precise figures. However, I know that Splunk is a premium product, so it's somewhat costly. Still, you get a lot of unique features for the money. 

You can choose the cheapest solution, but that will only help you achieve compliance in the near term. However, over time, you will begin to realize that there are so many security gaps that your team can't address. You need a solution like Splunk to maintain long-term security compliance. 

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VN
Owner at a computer software company with 1-10 employees

In terms of pricing, I believe Splunk is unreasonably costly for the majority of mid and small-sized companies. Its real advantages, or what sets it apart, seem to be more suitable for large enterprises.

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DB
Project Manager at a construction company with 1,001-5,000 employees

Organizations seeking a more affordable solution should first carefully evaluate their specific business requirements. While cheaper alternatives exist, they may lack the necessary features to adequately address their security needs. In such cases, Splunk Enterprise Security could be a more suitable option.

Splunk Enterprise Security is a worthwhile investment given the comprehensive range of features it offers.

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RB
Engineer at a government with 10,001+ employees

As a team, we prefer the old pricing model with a perpetual license. We are still evaluating the whole subscription-based model. 

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JC
Cyber Security at a financial services firm with 5,001-10,000 employees

The licensing is good, but the pricing absolutely needs some work. It is very high. One thing that they put in a contract, but they do not emphasize it enough is true-ups on usage based on the quarterly consumption. They do not follow that methodology. They let a customer use, use, and use, and then at some point, a true-up occurs, and it is a large cost. There is an opportunity to do a quarterly track type of true-ups as per the agreements out there. That would put them in a position where customers are able to plan on, forecast around, and work through volume adjustments that may occur in their environment. 

The other place where Splunk could spend time is the scale-up and scale-down model. Scale-up is easy where you get more business, and it is easy to add more capacity, whether it is storage or SVUs, but when you need to scale down because of a change in a business, it does put customers in a position where they are locked in, and there is no way to maneuver around that. 

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OF
SOAR Developer at a media company with 10,001+ employees

Most people share the same thought that the ingestion rates can get pretty pricey. There is a lot of work we do to curate the data that we send to Splunk so that it is not too noisy or too expensive.

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AB
Cloud Cybersecurity Engineer at a tech services company with 10,001+ employees

It's more expensive than the other tools but it's worth it. Every penny is worth it. They do analytics better. They do security investigations better. They do everything better.

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CF
Lead Solutions Architect at a government with 10,001+ employees

Splunk is not cheap. That's definitely a consideration as we look at other products.

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CD
project manager at ManTech International Corporation

It is expensive. I used to buy it early on, but then they combined it into a higher-up organization. They buy it for multiple systems now. Last time, I paid around 60K for it.

There is just the licensing fee. That's all.

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Santhosh Kandadi - PeerSpot reviewer
Assistant Vice President at Synchrony

While I do understand that it is a premium tool, they could work to make it a bit less in terms of cost. It's a bit expensive.

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RA
Security Operation Centre (SOC) Analyst at Nera Philippines Inc.

I'm not sure how much the solution costs, or how much my company pays for it. 

If a company needs something cheaper than Splunk, there are some open-source solutions available to them. 

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AS
Senior Network Engineer at a government with 5,001-10,000 employees

Splunk charges on the basis of gigabytes of incoming log messages per day. Also I would recommend that funds be set aside for Splunk training and certification.

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AG
Information Technology Specialist at a healthcare company with 10,001+ employees

I remember Splunk being relatively affordable. Kibana was more reasonable, but you get more with Splunk. If I was suggesting something, I would probably suggest Splunk because it is better to pay a little bit more and get a lot more.

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DL
Head of Cybersecurity at a computer software company with 51-200 employees

The solution is quite expensive compared to the competition. It's considered a premiere security option. 

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RC
Security Compliance Program Manager at a educational organization with 5,001-10,000 employees

Splunk is costly but it’s worth it due to the high-end features.

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AKHIL Kumar Guttapalli - PeerSpot reviewer
Product Sales Specialist(Asst.Manager) at Redington India Limited

The price of this solution is expensive. However, it has great features. If you want a great solution you need to pay a price matching the features.

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John Yuko - PeerSpot reviewer
Assistant Manager ICT - Projects at I&M Bank Ltd

The pricing modules could be improved.

The licensing fees are paid on a yearly basis.

There is a standard license with provisions for more. As we are still exploring the functionality, there may be other departments that want to use it.

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RB
Engineering Manager at Cengage Learning

I assume that the pricing is reasonable, because if it was too costly, there are other alternatives. However, with some of the other solutions, you have to spend time on them and manage them yourself. It might also take you three times to get it right. So, Splunk may be more costly upfront, but in the long run, it saves on time and man-hours.

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GG
Security Engineer at By Light Professional IT Services

The price can always be lower, but it is fair at the moment.

The cost efficiencies depend on the licensing and how much data we are bringing in. We have a fairly large footprint, so it is cost-effective.

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Salma Shahin - PeerSpot reviewer
Senior Engineer at Sony India Software Centre

We have an unlimited one, and we pay yearly, but I don't know how much it costs. Previously, I worked for a startup, and when they started building it up, it was complicated for them because they didn't have the budget for that many licenses. It was very costly for them. So, startups might find it a little bit problematic because of the licensing, but for bigger companies, there is no issue.

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SP
CHRO at a computer software company with 5,001-10,000 employees

I am not in a position to comment on the pricing. 

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it_user664632 - PeerSpot reviewer
Senior IT Security Operations at a pharma/biotech company with 10,001+ employees

It is not cheap :-)

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JJ
Lead Solution Architect at a tech vendor with 5,001-10,000 employees

For those considering a SIEM solution but prioritizing affordability, Splunk is a strong contender. My experience using Splunk for several years has been positive, with minimal glitches. Additionally, its user-friendly GUI allows new users to contribute immediately. Splunk is also feature-rich, offering a wide range of functionalities out-of-the-box. However, remember that quality often comes at a cost. Considering these factors, Splunk emerges as a cost-effective solution.

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MK
Technical Account Manager at Trustaira

The problem with the product is that the price of Splunk is very high. It is an industry leader and therefore it's high in terms of price. That is the issue in our country. Sometimes people want to buy Splunk, however, due to the budget, they are not able to.

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CM
Incident Manager at CyberCore Technologies

Truly evaluate the data you want to ingest and go slow. Pulling in data that can provide no use to your mission only wastes data against your license.  

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

I'm only using the free version for the time being.

The cost is reasonable.

Splunk's costing is a little more difficult. The pricing method is complicated, and the way that costing is calculated in Splunk is a little more difficult.

When compared to QRadar, QRadar, it's simple to pay. 

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MS
Senior security consultant at a comms service provider with 51-200 employees

This solution is costly. Splunk is obviously a great product, but you should only choose this product if you need all the features provided. Otherwise, if you don't need all the features to meet your requirements, there are probably other products that will be more cost-effective. It's cost versus the functionality requirement. 

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KB
DevOps Engineer at Amplify Education, Inc.

The pricing seems good relative to the other vendors that we have had here. However, they need to find ways to be more flexible with the licensing and be able to deal with situations where we start generating more logs. Maybe having some controls in the Splunk interface to turn it off, so we don't have to change anything in our application.

We have an existing contract with Splunk, so it makes sense to stay with them for now. Our license is for a 100 GB/logs a day.

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ShilpeeSinha - PeerSpot reviewer
Senior Security Engineer at Citrix

I don’t have any idea what the cost of the solution is. I don’t handle the licensing.

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RU
Senior Solutions Architect at a manufacturing company with 51-200 employees

Price-wise, if you compare QRadar to Splunk for SIEM functionality then they are in the same range but when you integrate SOAR with these solutions, Splunk takes the lead and is more competitive.

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SD
Assistant Manager System at a financial services firm with 10,001+ employees

When you compare the services and features, the pricing is reasonable. That said, if you compare Splunk to other options on the market, it is more expensive.

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RB
Automation Specialist, Analytics at a computer software company with 10,001+ employees

Its cost model is dependent upon the amount of data used — how many GBs we extract in a day determines our price. The price is not dependent upon how many instances we installed in Splunk. I can install thousands of instances, but it will only charge me according to how many GBs I extract per day. 

Overall, our customers complain that the price is too high.

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it_user340983 - PeerSpot reviewer
Infrastructure Engineer at Zirous, Inc.

Setup cost is cheap: It is free, it is user-friendly, and it is fast. 

I would highly recommend anyone evaluating this option to download the free trial which allows for the ingestion of 500MB of data per day in order to get a feel for what Splunk does at its core. It will get pricey once your ingestion rates start to sky rocket, but I would consider it expensive given the amount of information that it allows you to analyze and react on straight out-of-the-box.

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it_user126027 - PeerSpot reviewer
Owner with 1-10 employees

Pricing is pretty fair. However, I would suggest you trial for at least 90 days if you can get the sales person to offer you the option to renew your 30 day trial a couple of more times to evaluate. The 30 day trial is not enough.

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KB
CTA\Owner at UCSolutions

It's a little bit more expensive than some of the other tools. It's not as expensive as QRadar. That said, it's more expensive than LogRhythm or Sentinel.

There aren't really other fees beyond the standard costs of licensing. 

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PB
Principal Systems Engineer at Aricent

I think that most of the log analytics solutions are expensive and I'm not sure if it's worth it. However, I wish that they were less expensive. I am not talking about a single product but rather, all of the ones that are in the domain of log analytics.

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PB
Principal Systems Engineer at Aricent

The licensing cost model is complicated.

I think that most of the monitoring solutions are expensive. I wish they were less expensive, for all types of products for monitoring.

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it_user257376 - PeerSpot reviewer
Lead Splunk Architect at a financial services firm with 10,001+ employees

Splunk licensing model might seem expensive but with all the gain in functionalities you will have compared to traditional SIEM solutions I think it’s worth the price. Also, when you have small volumes of data to index daily (which might account for high EPS) you will be gaining the full advantage of using Splunk for a very low price.

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it_user575310 - PeerSpot reviewer
Engineer, Infrastructure Applications at a healthcare company with 1,001-5,000 employees

You will eat up whatever you purchase quickly. The level of insights that Splunk empowers is addictive.

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AB
Senior Information Technology System Analyst at YASH Technologies

Its pricing model can be improved.

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KK
IT Analyst at a energy/utilities company with 1,001-5,000 employees

I am not personally involved with the pricing of the solution.

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CJ
Information Security Engineer/Architect at The Church of Jesus Christ of Latter-day Saints

Be upfront about your needs and expectations. Splunk is one of the top SIEM solutions to work with. 

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RW
Regional Head at a tech services company with 51-200 employees

Splunk requires a paid license. There's no free option. Customers have to pay for the license, implementation, support - everything.

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CS
Data Center Architect at a outsourcing company with 201-500 employees

It can be cost-prohibitive when you start to scale and have terabytes of data. Its cost model is based on how much data it processes a day. If they're able to create scaled-down niche or custom package offerings, it may help with the cost. Instead of the full-blown features, if they can narrow the scope where it can only be used for a specific purpose, it would kind of create that market for the product, and it may help with the costing. When you start using it as a central aggregator and you're pumping tons of logs at it, pretty soon, you'll start hitting your cap on what it can process a day. Once you've got that, you're kind of defeating the purpose because you're going to have to scale back.

They're kind of pushing everybody away from perpetual licensing into subscription-based models, which a lot of companies are doing too, but in most environments that I've been in, they prefer to go the perpetual license and then just pay maintenance on top of it. That's because it's easier for them to forecast the big expense up front.

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EG
Information Security Officer at a financial services firm with 501-1,000 employees

We pay a yearly license. You do need to set up a contract for technical support.

While I don't have details about the exact pricing, my understanding is that it can be a bit expensive. 

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AE
Head Of Sales at Cascade Solutions Inc

Splunk solutions are much more expensive than others. Especially when it comes to megaprojects or deals, there's a lot of competition when it comes to financials.

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Donald Baldwin - PeerSpot reviewer
Principal Enterprise Architect at Aurenav Sweden AB

Everything we do is either yearly or multi-year. I don't know if there is any additional cost to standard license fees.

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it_user865026 - PeerSpot reviewer
Lead Systems Architect at a energy/utilities company with 10,001+ employees

Splunk is a bit pricier, but the benefits and ROI are huge.

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it_user250131 - PeerSpot reviewer
Information Architect at a financial services firm with 5,001-10,000 employees

Although Splunk is an expensive product, it is designed to be utilized across your organization in order to maximize your ROI and lower your TCO.

We contacted Gartner and other business associates to determine what others are paying for Splunk.

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Sontas Jiamsripong - PeerSpot reviewer
Account Presale at a tech services company with 1,001-5,000 employees

Splunk licensing requires you to purchase licenses for any feature per user. For example, if you need UEBA, it is difficult to propose in the project. QRadar has a free upcharge for UEBA. Customers cannot calculate the additional costs based on gigabytes per day because they can not forecast the future.

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AM
Senior Cyber Security Expert at a security firm with 11-50 employees

We also use QRadar, and we make more money with QRadar than with Splunk as we can make bigger projects happen. However, we find that with Splunk, while we don't make as much money on each project, we can do more of them.

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it_user859446 - PeerSpot reviewer
Splunk Architect at The Johns Hopkins University Applied Physics Laboratory

Pricing can be a limiting factor. You have to continuously tune what you are bringing in and make sure what you bring in is of value. 

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AM
Senior Technical Lead at a financial services firm with 10,001+ employees

The price of Splunk is reasonable.

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AT
Managing Director at Hayyan Horizons

Filter the noise out.

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SO
Founder at a marketing services firm with 11-50 employees

I think Splunk is expensive compared to other tools at the purchase stage. It's possible that if we can keep control of the costs involved down the track, it won't be so bad.

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JB
Sr. IT Manager at a government with 10,001+ employees

The price is comparable.

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Yosef Tavin - PeerSpot reviewer
DevOps Engineer at BigPanda

It is possible to use a developer's license, which is up to 10GB per day of volume traffic, which is usually enough for most use cases.

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Mick - PeerSpot reviewer
Sr. Production Support Analyst at Electric Reliability Council of Texas

The licensing model can be expensive, but the value it provides is significant.

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it_user399819 - PeerSpot reviewer
Security Architect at a energy/utilities company with 1,001-5,000 employees

While licensing can be a concern, there are ways to reduce the licensing costs including filtering some events. We have replaced many solutions with Splunk, which have more than paid for the Splunk licensing.

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VA
Security Architect at a tech services company with 51-200 employees

They could improve their discounts. I think it's a good solution, and it's gaining a lot of traction, maybe they are recouping their R&D costs, Further reductions would be fantastic, and I believe that more and more people would flock to it.

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GW
Consultant at Splunxter, Inc.

Get free PS if you can (ask) or USE THE DOCS.  The documentation will get you to success.  If you are not getting more value out of Splunk than the license you are paying, then you are doing something wrong and should spend a tiny bit more to get a consultant like Splunxter.com to help you.

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AK
Senior Informatica Administrator at a computer software company with 10,001+ employees

Licencing occurs yearly. We now have a three-yearly support contract as of now.  Licensing is a yearly, one-time cost.

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SJ
Engineer at a financial services firm with 201-500 employees

We find the solution to be quite expensive. Therefore, we're looking for other options.

I don't know of the exact costs, as licensing is handled by another department.

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AP
Presales Manager at a tech services company with 11-50 employees

Pricing is one factor that hurts everybody on the market; the client, the reseller, everybody that touches it. Only Splunk makes money. It is hard to have it for the long term if it's a stretch for your budget. Pricing becomes a problem and people are just focused on numbers rather than creating a vision for the entire product. That is the biggest factor I found with Splunk, that they just want to make money and they don't care about anything else. They lost national, country-level projects because of this attitude.

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VS
Splunk BDM in UA at a manufacturing company with 51-200 employees

Splunk is not a cheap solution and the license is billed annually. The licensing model should be improved and the price should be lower, in general.

You can purchase additional technical support, which is much better than the support that is included.

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it_user867087 - PeerSpot reviewer
Security Engineer at Information Innovators Inc. (Triple-i)

It can be expensive, especially the licensing costs. However, there is added value in what it can do, not just log aggregation.  

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RS
Tech Lead Security at a comms service provider with 51-200 employees

We had a yearly subscription.

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MA
System Administrator at Abdullah Al-Othaim Markets

Make it cheaper to help small organisations implement it easier. 

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it_user174663 - PeerSpot reviewer
Systems/Applications Specialist with 201-500 employees

Not sure about the cost but I have heard it can get pretty costly for an Enterprise grade scale as the environment I work in. For home it is free up to 500Mb a day. Day-to-day cost for the product itself is costing just system resources, however the development work that needs to be completed for new requests and keeping the old one up-to-date can raise the budget according to the expertise needed.

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MM
CEO at a tech services company with 11-50 employees

The licensing fees and pricing models could be reduced.

It's a yearly subscription.

They don't sell professionally because it's a subscription service. As a result, it is only a subscription service that is dependent on the customer's IT infrastructure.

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DG
CSSP Manager at a tech services company with 51-200 employees

We have a 100 gig annual license. I'm not sure of the cost. Their licensing is based on the amount of data you collect. There is an additional cost for Enterprise Security. If there are any other kind of applications, the APIs that we created that we want to add, there are costs for most of those as well. Their pricing structure really could use a revamp. They really need to review and look at that and see if there's a better way that they can do it. Elasticsearch is a little cheaper and a better product in my view. 

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JC
Chief Architect at PathMaker Group

It would be nice if the pricing were cheaper. However, we did purchase it.

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it_user664626 - PeerSpot reviewer
Business Analyst at a retailer with 10,001+ employees

License costs fall under the NDA, but Splunk license costs are public, I believe.

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MK
Technical manager at a tech services company with 11-50 employees

Splunk has a subscription and a perpetual license. 

This product could use better pricing. 

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HK
Telecom Tech at a university with 501-1,000 employees

The solution can be expensive. It's not cheap.

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HF
Product Manager, CyberSecurity at a tech services company with 201-500 employees

The pricing model is based on the number of gigabytes that you ingest into the Splunk system. So it can be an expensive solution.

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RK
SOC Analyst at a wholesaler/distributor with 10,001+ employees

The solution is a little expensive.

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it_user1415322 - PeerSpot reviewer
Senior Consultant at sectecs

The pricing model is expensive and could lead into a budget nightmare based on the amount of data.

A better pricing plan would be an improvement.

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AK
System Engineer at NetScout Systems

There is an annual license required to use this solution.

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GA
Security Architect at a comms service provider with 10,001+ employees

Splunk is not free.

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it_user664635 - PeerSpot reviewer
Performance Consultant at a tech services company with 10,001+ employees

Pricing and licensing is quite expensive. But for the value the product provides, it seems at par in the market.

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it_user594183 - PeerSpot reviewer
Security Engineer at a retailer with 10,001+ employees

Pricing and licensing are always high compared to other products in the market. Storage is very expensive as well.

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it_user645663 - PeerSpot reviewer
Sr. Program Manager at a consultancy with 51-200 employees

Take into consideration the labor costs for a dedicated Splunk developer who can craft the required queries needed for each organization. Organizations usually have their own form of implementation of each tool.

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HK
President at a non-profit with self employed

My customers have found the price of the solution to be high.

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it_user396600 - PeerSpot reviewer
Vice Manager at a comms service provider with 10,001+ employees

Licensing is free. Pricing is based on usage.

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it_user313119 - PeerSpot reviewer
Integration Architect at a manufacturing company with 1,001-5,000 employees

Every stop or slowdown of the production line means lost of money, e.g. 30% of reduction compare to the current baseline.

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BA
Solutions Consultant at a tech services company with 1,001-5,000 employees

It is economical than other solutions.

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RW
Architecture and Security Team Leader at CV Akbar Panjaya

The pricing and licensing of the product are quite high.

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BW
Senior Network & Security Architect at a insurance company with 501-1,000 employees

The price could be improved.

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it_user717477 - PeerSpot reviewer
Account Manager at a tech services company with 10,001+ employees

Do proper estimation on log ingestion per day as that will impact pricing and licensing.

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MC
Presales IT at a tech services company with 201-500 employees

The prices are complicated as we operate in a small third-world country.

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LK
Network Operations Center Engineer at a tech company with 51-200 employees

The solution could be more cost-effective, as we charge our customers the cheapest price. 

The subscription is monthly. 

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it_user635271 - PeerSpot reviewer
Foundation Technology Specialist at a insurance company with 1,001-5,000 employees

The product has a lot of value, and I feel that we’re getting the value that we’re paying for.

Splunk Enterprise becomes extremely expensive after the 20GB/month license, but if you take care of what you log, i.e., by not logging excessive application events, then that license will get you a long way.

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TB
Technical Director at a consultancy with 11-50 employees

The price is pretty high for our region.

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JN
IT Infrastructure Architect at a tech company with 201-500 employees

There is nothing to say. At that time, it was for GBs of data received.

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DA
Engineer at a integrator with 11-50 employees

Splunk is on expensive side.

There are some premium add-ons like Splunk Enterprise Security or ITSI which makes it more expensive.

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it_user363165 - PeerSpot reviewer
Products Manager at a tech services company with 5,001-10,000 employees

Overall, it the cost is reasonable and it is easy to upgrade.

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TS
Project Manager at a comms service provider with 10,001+ employees

I have no opinion on the pricing of the product. 

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MC
Net Sec at a tech services company with 11-50 employees

It's a little bit expensive for a small to medium enterprise.

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ED
Java Technical Lead at a insurance company

It is a pretty high cost solution, but if your organization has the funds, it can bring many benefits.

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