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Elastic Security vs IBM Watson for Cyber Security comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Sep 18, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Elastic Security
Ranking in Security Information and Event Management (SIEM)
5th
Average Rating
7.8
Reviews Sentiment
6.8
Number of Reviews
66
Ranking in other categories
Log Management (8th), Endpoint Detection and Response (EDR) (15th), Security Orchestration Automation and Response (SOAR) (5th), Extended Detection and Response (XDR) (8th)
IBM Watson for Cyber Security
Ranking in Security Information and Event Management (SIEM)
57th
Average Rating
8.0
Number of Reviews
4
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of January 2026, in the Security Information and Event Management (SIEM) category, the mindshare of Elastic Security is 4.1%, down from 7.3% compared to the previous year. The mindshare of IBM Watson for Cyber Security is 0.7%, up from 0.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Security Information and Event Management (SIEM) Market Share Distribution
ProductMarket Share (%)
Elastic Security4.1%
IBM Watson for Cyber Security0.7%
Other95.2%
Security Information and Event Management (SIEM)
 

Featured Reviews

Laurentiu Popescu - PeerSpot reviewer
Chief Product Officer at ClusterPower
Has improved threat detection with deep log analysis and streamlined investigation workflows
The most useful features I find in Elastic Security are the forensic ones that allow us to carry deeper analysis into the logs for in-depth investigations, and the dashboards, with the reporting dashboard being quite user-friendly. Elastic Security is quite good at identifying threats, as it is part of the deep investigation tool that I mentioned before. Unless we need to look further into a certain log, we can carry out a deeper analysis and forensics on those particular logs. I can assess the impact of Elastic Security's real-time data analysis on our threat response efficiency as working pretty good. We are looking for real-time analysis because we have a continuous inflow of logs from different sources: from our cloud, from Active Directory, from our network. So it works pretty well.
Elena Stefanovska - PeerSpot reviewer
Sales Account Manager at InTec System
Knowledgeable support, reliable, and useful compliance policies
IBM Watson for Cyber Security can be deployed on-premise or in the cloud and it is used as a SIEM solution The most valuable features of IBM Watson for Cyber Security are ease of use and out-of-the-box reports and compliance policies. Additionally, if there are aspects that are missing IBM add…

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"We've found the initial setup to be quite straightforward."
"It's simple and easy to use."
"The cost is reasonable. It's not overly pricey."
"Elastic Security offers advanced features such as machine learning and integration with ChatGPT."
"It's very customizable, which is quite helpful."
"We like Elastic Security because it's a REST API-based solution. That's the primary reason we use it."
"It is scalable."
"I like that it's a SIEM platform. I like that I can sell Elastic Security quickly. Elastic Security has a large community that can support users."
"The customer support is very good."
"The most valuable features of IBM Watson for Cyber Security are ease of use and out-of-the-box reports and compliance policies. Additionally, if there are aspects that are missing IBM add them in the next release."
"The most valuable feature of this product is innovation, where the research and upgrading of technology never ends."
"IBM Watson for Cyber Security is very stable."
 

Cons

"Elastic Security can be a bit difficult to use if a person only has experience in SMBs with tools like Zoho. The product can also be difficult for those who have never dealt with query language."
"Continuous upgrades can be quite inconvenient. My security testing team continuously reports vulnerabilities, and we have to fix and update the versions frequently."
"There isn't really a very good user experience. You need a lot of training."
"One limitation of Elastic Security is that it does not have built-in workflows for all tasks. For example, if you need a workflow for compliance, you will need to create a custom workflow."
"We're using the open-source edition, for now, I think maybe they can allow their OLED plugin to be open source, as at the moment it is commercialised."
"There is room for improvement in the Kibana dashboard and in the asset management for the program."
"Technical support could respond faster."
"I want to find an automatic security system in the tool, like a SOAR solution. I am looking forward to seeing a SOAR system in the tool."
"This is an expensive product, so making it more cost-effective would be an improvement."
"The dashboard could improve in IBM Watson for Cyber Security."
"In the future, I would like to see threat intelligence included."
"They need to continue to build the AI capabilities."
 

Pricing and Cost Advice

"It's a monthly cost with Elastic SIEM, but I am not sure of the exact cost."
"Elastic Security is free to use."
"The price is reasonable. It probably costs the same as ArcSight and LogRhythm SIEM. FortiSIEM might cost less than Elastic Security. There are no hidden or additional costs."
"I find it better than Splunk in terms of cost-effectiveness. For cost-effectiveness, I would rate it a nine out of 10."
"Elastic Stack is an open-source tool. You don't have to pay anything for the components."
"The product offers an amazing pricing structure. Price-wise, the product is very competitive."
"The licensing cost of Elastic Security is based on the daily ingestion rate. I can't recall the exact figure, but for 10GB of log action daily, it would cost around $20,000."
"The solution is not expensive and costs around ten dollars a month."
"The price of this solution should be lower, although I understand why IBM charges a premium price."
"IBM Watson for Cyber Security is very simple to license and is priced well."
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Top Industries

By visitors reading reviews
Computer Software Company
12%
Government
10%
Comms Service Provider
8%
Manufacturing Company
7%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business40
Midsize Enterprise11
Large Enterprise15
No data available
 

Questions from the Community

Datadog vs ELK: which one is good in terms of performance, cost and efficiency?
With Datadog, we have near-live visibility across our entire platform. We have seen APM metrics impacted several times lately using the dashboards we have created with Datadog; they are very good c...
What do you like most about Elastic Security?
Elastic provides the capability to index quickly due to the reverse indexes it offers. This data is crucial as it contains critical information. The reverse index allows fast data indexing because ...
What is your experience regarding pricing and costs for Elastic Security?
I am satisfied with the pricing, setup cost, and licensing cost. It is a pure 10.
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Also Known As

Elastic SIEM, ELK Logstash
No data available
 

Overview

 

Sample Customers

Texas A&M, U.S. Air Force, NuScale Power, Martin's Point Health Care
Information Not Available
Find out what your peers are saying about Elastic Security vs. IBM Watson for Cyber Security and other solutions. Updated: December 2025.
881,082 professionals have used our research since 2012.