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IBM Watson for Cyber Security vs LogRhythm SIEM 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

IBM Watson for Cyber Security
Ranking in Security Information and Event Management (SIEM)
58th
Average Rating
8.0
Number of Reviews
4
Ranking in other categories
No ranking in other categories
LogRhythm SIEM
Ranking in Security Information and Event Management (SIEM)
8th
Average Rating
8.4
Reviews Sentiment
6.4
Number of Reviews
175
Ranking in other categories
Log Management (13th)
 

Mindshare comparison

As of October 2025, in the Security Information and Event Management (SIEM) category, the mindshare of IBM Watson for Cyber Security is 0.4%, up from 0.2% compared to the previous year. The mindshare of LogRhythm SIEM is 3.1%, down from 3.5% 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 (%)
LogRhythm SIEM3.1%
IBM Watson for Cyber Security0.4%
Other96.5%
Security Information and Event Management (SIEM)
 

Featured Reviews

Elena Stefanovska - PeerSpot reviewer
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…
SumitKumar20 - PeerSpot reviewer
Tool consistently aids in effective threat detection and monitoring but could benefit from improved log source management and resource optimization
One major area for improvement in LogRhythm SIEM is the lack of volume measurement capability in terms of storage. There is currently no way to determine how much data is being consumed in terms of gigabytes, terabytes, or petabytes from particular devices or environments. This information is crucial for planning future storage needs and scalability. The system monitor (collector) agent has issues with resource consumption. Even when not actively collecting data, the agent continues to consume significant CPU and memory resources, which can be particularly problematic for small business environments with limited resources. LogRhythm SIEM could improve by adding more default device support. While they have good default settings for devices such as Palo Alto firewalls, custom log sources often require extensive work. Increasing the number of supported devices with built-in policies and functionality would reduce the need for custom work. Competitive SIEM tools often provide more comprehensive coverage for various devices and vendors.

Quotes from Members

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

Pros

"The customer support is very good."
"The most valuable feature of this product is innovation, where the research and upgrading of technology never ends."
"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."
"IBM Watson for Cyber Security is very stable."
"We take in around 750 million logs a day. We have a lot of products and that would be a lot of different panes of glass that we would have to look through otherwise. By centralizing, we can triage and take steps much more quickly than if we tried to man that many interfaces that come with the products."
"LogRhythm NextGen SIEM is customizable, simple to manage, and there are many features. The solution does not require an expert to be able to use it, anyone can use it."
"It's very easy to create the correlation rules with LogRhythm, and there are some advanced features like SIEM and UEBA, which are also very valuable."
"In terms of security, LogRhythm NextGen SIEM is great."
"LogRhythm SIEM offers advanced features such as AI engine modules, machine learning, and threat intelligence integration, which help reduce false positives. Advanced analytics streamlines incident response processes, enabling incident responders to prioritize and automate alerts."
"As a healthcare company, what we use it for is compliance, then to protect our data from exaltation."
"Automations are very valuable. It provides the ability to automate some of our small use cases. The ability to integrate with other products that use an API is also very useful. LogRhythm has a plugin for it that we can connect and start to move down towards the path of a single pane of glass instead of having multiple or different tools."
"LogRhythm SIEM has strong machine-learning capabilities with behavioral rules and analysis."
 

Cons

"This is an expensive product, so making it more cost-effective would be an improvement."
"They need to continue to build the AI capabilities."
"In the future, I would like to see threat intelligence included."
"The dashboard could improve in IBM Watson for Cyber Security."
"The integration is slightly difficult with other assets, like EDR technologies or firewalls."
"LogRhythm NextGen SIEM is currently based only on the Windows platform. This means that some of our customers have to purchase a Windows license elsewhere. If LogRhythm can move to a Linux platform or a proprietary platform, it would be very helpful."
"Appliance-based setups can sometimes pose scalability issues"
"The initial setup is not so easy because it is quite a process."
"LogRhythm NextGen SIEM could improve by adding more applications for the banking sector. There are not any custom applications at this time."
"When we had version 7.2.6, there were a lot of issues deploying that version and with the indexing. The indexer was unstable. So, we were not able to use the platform when we were on that version until we were able to upgrade to 7.3.4."
"I would like to see APIs well-documented and public facing, so we can get to them all."
"My biggest issue - I know that they say they're doing it - is that the API-building is extremely important. They keep saying it's coming, it's coming. It's not coming fast enough. I don't care if they need to double their team size to get it out there quicker, the world is already in the cloud and we can't monitor it. That's a big problem for us. My boss keeps coming to me about it. That's an issue."
 

Pricing and Cost Advice

"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."
"The pricing is very reasonable and accessible compared to other products in the market but I am not very sure about the exact licensing cost per year for our company."
"We work with French-speaking African countries, and it costs more than the average SIEM solution. Also, the pricing isn't too flexible. AlienVault, Splunk, and IBM QRadar are more suitable for customers on a tight budget."
"We did a five-year agreement. We pay close to a quarter of a million dollars for our solution."
"The solution has provided us with consistency and increased staff productivity through orchestrated automated work flows by at least 20 percent."
"LogRhythm's licensing is based on MPS. There are some add-on features like advanced UEBA, the cloud component for advanced UEBA, and SIEM."
"NextGen SIEM's pricing is moderate."
"It costs a great amount, but its pricing is competitive with some of the other vendors. For licensing and support, we pay about 20,000. There are no additional costs or anything like that."
"Everything is expensive with LogRhythm, and you don't get anything for free."
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Top Industries

By visitors reading reviews
No data available
Computer Software Company
13%
Government
10%
Manufacturing Company
7%
Financial Services Firm
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business38
Midsize Enterprise38
Large Enterprise83
 

Questions from the Community

Ask a question
Earn 20 points
What is the difference between log management and SIEM?
Rony, Daniel's answer is right on the money. There are many solutions for each in the market, a lot depends upon your ability to manage such tools and your budget. A small operation may be best s...
What needs improvement with LogRhythm NextGen SIEM?
One major area for improvement in LogRhythm SIEM is the lack of volume measurement capability in terms of storage. There is currently no way to determine how much data is being consumed in terms of...
What do you like most about LogRhythm SIEM?
I find LogRhythm's log management capabilities to be beneficial.
 

Also Known As

No data available
LogRhythm NextGen SIEM, LogRhythm, LogRhythm Threat Lifecycle Management, LogRhythm TLM
 

Overview

 

Sample Customers

Information Not Available
Macy's, NASA, Fujitsu, US Air Force, EY, Abbott, HD Supply, SAB Miller, UCLA, Raytheon, Amtrak, Cargill
Find out what your peers are saying about IBM Watson for Cyber Security vs. LogRhythm SIEM and other solutions. Updated: September 2025.
868,787 professionals have used our research since 2012.