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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 (9th), Endpoint Detection and Response (EDR) (14th), 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)
56th
Average Rating
8.0
Number of Reviews
4
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of February 2026, in the Security Information and Event Management (SIEM) category, the mindshare of Elastic Security is 3.8%, down from 7.1% 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 Security3.8%
IBM Watson for Cyber Security0.7%
Other95.5%
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

"It is the best open-source product for people working in SO, managing and analyzing logs."
"ELK documentation is very good, so never needed to contact technical support."
"The feature that we have found the most valuable is scalability."
"I use the stack every morning to check the errors and it's just so clear. I don't see any disadvantage to using Logstash."
"The scalability is good. It can be scaled easily in the production environment."
"Enables monitoring of application performance and the ability to predict behaviors."
"The most valuable features of Elastic Security are it is open-source and provides a high level of security."
"It's very customizable, which is quite helpful."
"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."
"The customer support is very good."
 

Cons

"Sometimes, the solution isn't the easiest to use."
"There is room for improvement in the Kibana dashboard and in the asset management for the program."
"We'd like to see some more artificial intelligence capabilities."
"The problem with ELK is it's difficult to administer. When you have a problem, it can be very, very difficult to rebuild indexes."
"This solution cannot do predictive maintenance, so we have to build our own modules for doing it."
"The solution should generate an automatic product that integrates with ELK Stack to use artificial intelligence."
"The solution's basic setup takes time, and a lot of effort is required from the beginning to make it actually work."
"Elastic sometimes does not correctly identify threats or anomalies. It might not classify an issue as malicious or critical accurately."
"The dashboard could improve in IBM Watson for Cyber Security."
"They need to continue to build the AI capabilities."
"This is an expensive product, so making it more cost-effective would be an improvement."
"In the future, I would like to see threat intelligence included."
 

Pricing and Cost Advice

"Its price is fine. Its licensing works on a yearly basis. We have to renew the license every year. I also have a good experience with Darktrace. When we buy Darktrace, we get training free of cost, which is not there in Elastic. We have to pay extra for training. There is certainly room for improvement."
"I find it better than Splunk in terms of cost-effectiveness. For cost-effectiveness, I would rate it a nine out of 10."
"Elastic Security is free to use."
"I can say that the product is cheaply priced."
"Elastic Stack is an open-source tool. You don't have to pay anything for the components."
"We are using the free, open-source version of this solution."
"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."
"The base product is open-source but if you need advanced security features then you need to pay for the subscription. Elastic Security's price is reasonable in some cases and in other cases it's not."
"IBM Watson for Cyber Security is very simple to license and is priced well."
"The price of this solution should be lower, although I understand why IBM charges a premium price."
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Top Industries

By visitors reading reviews
Computer Software Company
11%
Government
9%
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: February 2026.
881,733 professionals have used our research since 2012.