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Palantir Foundry vs Splunk Enterprise Security comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Jul 13, 2025

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

Palantir Foundry
Ranking in IT Operations Analytics
9th
Average Rating
7.8
Reviews Sentiment
7.1
Number of Reviews
17
Ranking in other categories
Data Integration (14th), Supply Chain Analytics (1st), Cloud Data Integration (12th), Data Migration Appliances (3rd), Data Management Platforms (DMP) (1st), Data and Analytics Service Providers (1st)
Splunk Enterprise Security
Ranking in IT Operations Analytics
1st
Average Rating
8.4
Reviews Sentiment
7.3
Number of Reviews
369
Ranking in other categories
Log Management (2nd), Security Information and Event Management (SIEM) (1st)
 

Mindshare comparison

As of October 2025, in the IT Operations Analytics category, the mindshare of Palantir Foundry is 4.3%, up from 2.5% compared to the previous year. The mindshare of Splunk Enterprise Security is 22.4%, down from 27.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
IT Operations Analytics Market Share Distribution
ProductMarket Share (%)
Splunk Enterprise Security22.4%
Palantir Foundry4.3%
Other73.3%
IT Operations Analytics
 

Featured Reviews

Rama Subba Reddy Thavva - PeerSpot reviewer
A low-code/no-code platform with a user-friendly UI
We couldn't implement or use some of the latest functionalities, like Spark. Palantir Foundry is scalable, but it is costly compared to other cloud providers. The solution is more suitable for small and medium businesses. It might be difficult for large enterprises. I rate the solution’s scalability a seven out of ten.
Kyle Vernham - PeerSpot reviewer
Built-in searches and unified data access streamline alert investigation and boosts analyst efficiency
The two features I appreciate the most in Splunk Enterprise Security are the built-in searches, which have been very easy for us to get started with right out of the box, and the fact that it accesses all of our other systems. You can access it as a pane of glass rather than having to search individually. We also have the option to compare our analysts from our service to service. Splunk Enterprise Security helps our SOC team prioritize and investigate high-fidelity alerts more effectively by providing a more in-depth look and the ability to access a lot more of our data. Instead of jumping from several segmented systems, it allows us to have everything brought together in one place. For example, you have to move from our purview to our build system and to Splunk Enterprise Security, and it enables us to streamline that process. The built-in features of Splunk Enterprise Security, which we recently procured, have given us a good starting point and demonstrated the value of the product, providing an easy way to sell it to our company. The ease of getting everything into our purview helps us, and it serves as a good start for the investigation part in one location rather than what we usually have, which is jumping from system to system to system. Splunk Enterprise Security plays a role in our company's strategy to combat insider threats and advanced persistent threats by currently being in its technical test phase. We are still rolling it out, and it should help us find any insider threats based on information that our policy states should not be present in our system. Splunk Enterprise Security's risk-based alerting (RBA) has impacted our alert volume and analyst productivity because we've got many different systems feeding into it. However, it has helped to make it easier for our analysts to go through a set of events rather than 100 alerts. RBA allows us to streamline the process and customize it for our analysts. When it comes to leveraging Splunk Enterprise Security's dashboards and visualizations to communicate security posture to executives, it's pretty straightforward for any type of information. The visualization is easy to understand, but I haven't had any direct conversations with our executives.

Quotes from Members

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

Pros

"The AI engine that comes with Palantir Foundry is quite interesting."
"The security is also excellent. It's highly granular, so the admins have a high degree of control, and there are many levels of security. That worked well. You won't have an EDC unless you put everything onto the platform because it is its own isolated thing."
"I like the data onboarding to Palantir Foundry and ETL creation."
"It is easy to map out a workflow and run trigger-based scripts without having to deploy to another server."
"The ease of use is my favorite feature. We're able to build different models and projects or combine different projects to build one use case."
"The solution provides an end-to-end integrated tech stack that takes care of all utility/infrastructure topics for you."
"The solution offers very good end-to-end capabilities."
"The data lineage is great."
"The alerts are very effective."
"The best part of Splunk Enterprise Security is its customizable settings."
"The consolidated overview of all the events that come in through our environment and an easy-to-access interface for all our end users are valuable."
"The most valuable features for us include its robust log management capabilities, which allow us to efficiently handle and retain logs for extended periods as needed."
"Splunk is a user-friendly solution."
"Splunk can extract all kinds of data. There's no limitation on what kind of structured and unstructured data one needs to extract — it can access any kind of data, including machine-generated data."
"It gives me notifications of notable events."
"Splunk is stable, and this is why many customers want it."
 

Cons

"The major hindrance with Palantir Foundry is that being a very closed product, the cost optimization and costing are not exposed to the end users."
"The data lineage was challenging. It's hard to track data from the sources as it moves through stages. Informatica EDC can easily capture and report it because it talks to the metadata. This is generated across those various staging points."
"If you want to create new models on specific data sets, computing that is quite costly."
"Cost of this solution is quite high."
"The solution’s data security could be improved."
"The solution could use more online documentation for new users."
"It would be helpful to build applications based on Azure functions or web apps in Palantir Foundry."
"The frontend capabilities of Palantir Foundry could be improved."
"DMC should be a little more intuitive with better dashboarding. Seeing the cause of data flow can be tough to track down."
"The initial setup is complex, but this is necessary. We needed to take into consideration how to direct log files from thousands of machines to Splunk, and how to ingest those files."
"Previously, they developed custom connectors or add-ons for a lot of applications. But that number can be upgraded still. There are a lot of applications in the world that are not supported."
"While Splunkbase (the app repository) has a lot of great content, some apps are terribly old and could stand to be updated or purged."
"When files are absent, troubleshooting becomes difficult, and performance issues inevitably arise."
"Splunk Enterprise Security could be cheaper."
"The documentation and training resources available for knowledge and training can be expanded. We need to learn more about Splunk Enterprise Security and new security attacks."
"The analytics of Splunk could be improved."
 

Pricing and Cost Advice

"Palantir Foundry has different pricing models that can be negotiated."
"The solution’s pricing is high."
"It's expensive."
"Palantir Foundry is an expensive solution."
"While some clients find the cost of Splunk Enterprise Security to be on the higher end, its pricing is comparable to other SIEM solutions."
"It is not cheap."
"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."
"I believe that Splunk Enterprise Security is worth the price, but it is expensive."
"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."
"As a team, we prefer the old pricing model with a perpetual license. We are still evaluating the whole subscription-based model."
"While Splunk offers generous developer licenses and obtaining annual licenses is straightforward, the cost is a major consideration."
"The pricing model is expensive and a nightmare based on the amount of data."
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Comparison Review

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Feb 26, 2015
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We at Infosecnirvana.com have done several posts on SIEM. After the Dummies Guide on SIEM, we are following it up with a SIEM Product Comparison – 101 deck. So, here it is for your viewing pleasure. Let me know what you think by posting your comments below. The key products compared here are…
 

Top Industries

By visitors reading reviews
Manufacturing Company
13%
Financial Services Firm
10%
Government
7%
Computer Software Company
7%
Computer Software Company
14%
Financial Services Firm
14%
Manufacturing Company
8%
Government
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business4
Midsize Enterprise5
Large Enterprise8
By reviewers
Company SizeCount
Small Business109
Midsize Enterprise49
Large Enterprise257
 

Questions from the Community

What do you like most about Palantir Foundry?
Palantir Foundry is a robust platform that has really strong plugin connectors and provides features for real-time integration.
What needs improvement with Palantir Foundry?
Apart from the pricing and offline availability issues, improvements are needed in Palantir Foundry's costing factor. Cost-wise, it is not open for everybody, and they are not exposing anything out...
What is your primary use case for Palantir Foundry?
One of the leading European manufacturing plants uses Palantir Foundry for manufacturing interior parts of various car brands such as Honda, Hyundai, Ford, Mercedes-Benz, and BMW. This involves hig...
What SOC product do you recommend?
For tools I’d recommend: -SIEM- LogRhythm -SOAR- Palo Alto XSOAR Doing commercial w/o both (or at least an XDR) is asking to miss details that are critical, and ending up a statistic. Also, rememb...
What is a better choice, Splunk or Azure Sentinel?
It would really depend on (1) which logs you need to ingest and (2) what are your use cases Splunk is easy for ingestion of anything, but the charge per GB/Day Indexed and it gets expensive as log ...
How does Splunk compare with Azure Monitor?
Splunk handles a high amount of data very well. We use Splunk to capture information and as an aggregator for monitoring information from different sources. Splunk is very good at alerting us if we...
 

Overview

 

Sample Customers

Merck KGaA, Airbus, Ferrari,United States Intelligence Community, United States Department of Defense
Splunk has more than 7,000 customers spread across over 90 countries. These customers include Telenor, UniCredit, ideeli, McKenney's, Tesco, and SurveyMonkey.
Find out what your peers are saying about Palantir Foundry vs. Splunk Enterprise Security and other solutions. Updated: September 2025.
868,759 professionals have used our research since 2012.