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.
IT Security & CyberSecurity Consultant at digitalDefense Information Systems GmbH
Real User
Top 5
2023-09-27T12:17:29Z
Sep 27, 2023
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.
Solution Consultant at 1&1 Versatel Deutschland GmbH
MSP
Top 5
2023-03-09T22:00:00Z
Mar 9, 2023
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.
Director, Infrastructure and Operations at a comms service provider with 11-50 employees
Real User
Top 20
2022-08-10T12:44:38Z
Aug 10, 2022
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.
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.
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.
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.
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.
System Engineer / Network Consultant at a tech services company with 51-200 employees
Consultant
2019-08-18T07:52:00Z
Aug 18, 2019
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.
FortiSIEM (formerly AccelOps 4) provides an actionable security intelligence platform to monitor security, performance and compliance through a single pane of glass.
Companies around the world use FortiSIEM for the following use cases:
Threat management and intelligence that provide situational awareness and anomaly detection
Alleviating compliance mandate concerns for PCI, HIPAA and SOX
Managing “alert overload”
Handling the “too many tools” reporting issue
Addressing the MSPs/MSSPs pain of...
The price is competitive. We can scale based on the licensing. It is an annual CapEx.
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.
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 the solution is expensive. The license is scalable. If there are 10 devices it is simple to license.
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.
It is cheaper than LogPoint or QRadar.
FortiSIEM's licensing is based on EPS, and its pricing is competitive in the market.
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.
There are additional features that cost more than the standard licensing fees.
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.
I have a five-year contract for this product, with no additional costs.
The solution is available for both, perpetual and subscription licenses.
They have a yearly subscription.
The price of Fortinet FortiSIEM is a lot less when compared to other solutions.
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.
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.
There is a licensing scheme for every case. There are three licensing schemes that we can choose from.
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.
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.
Pricing is acceptable for more than 90% of our customers, as they normally get discounts.
Licensing is a one time cost. If you want to enable different modules then there will be additional costs.
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.
We bought the perpetual license, so we own the product, but there is a three-year support renewal fee for that.