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Palantir Foundry vs Splunk Enterprise Security comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Jan 5, 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
7.6
Reviews Sentiment
7.1
Number of Reviews
15
Ranking in other categories
Data Integration (19th), Supply Chain Analytics (1st), Cloud Data Integration (14th), Data Migration Appliances (4th), Data Management Platforms (DMP) (2nd), Data and Analytics Service Providers (1st)
Splunk Enterprise Security
Ranking in IT Operations Analytics
1st
Average Rating
8.4
Reviews Sentiment
7.6
Number of Reviews
305
Ranking in other categories
Log Management (2nd), Security Information and Event Management (SIEM) (1st)
 

Mindshare comparison

As of April 2025, in the IT Operations Analytics category, the mindshare of Palantir Foundry is 2.7%, down from 3.1% compared to the previous year. The mindshare of Splunk Enterprise Security is 25.9%, down from 29.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.
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.
ROBERT-CHRISTIAN - PeerSpot reviewer
Has many predefined correlation rules and is brilliant for investigation and log analysis
It is very complicated to write your own correlation rules without the help of Splunk support. What Splunk could do better is to create an API to the standard SIEM tools, such as Microsoft Sentinel. The idea would be to make it less painful. In ELK Stack, Kibana is the query language with which you can search log files. I believe Splunk has also a query language in which they search their log files, but once you have identified the log file that you want to use for further security correlation, you want to very quickly transport that into your SIEM tool, such as Microsoft Sentinel. That is something that Splunk could make a little bit less painful because it is a lot of effort to find that log file and forward it. An API with Microsoft Sentinel or a similar SIEM tool would be a good idea.

Quotes from Members

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

Pros

"Encapsulates all the components without the requirement to integrate or check compatibility."
"Great features available in one tool."
"The solution offers very good end-to-end capabilities."
"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 data lineage is great."
"The AI engine that comes with Palantir Foundry is quite interesting."
"Live video sessions enhance the available documentation and allow you to ask questions directly."
"It is easy to map out a workflow and run trigger-based scripts without having to deploy to another server."
"We evaluated several solutions and selected Splunk due to the functionality and cost."
"There are a lot of third-party applications that can be installed."
"The dashboard is amazing. Out-of-the-box dashboard is very good. It is very user-friendly."
"The search function for spam is like a google search. You just enter and it will quickly show you the results."
"From my experience, the visual aid that it provides is most valuable. There are charts and other means to provide information."
"Capability to expand the functionality through custom code for data inputs, commands, visualization, alerts, and machine learning."
"The most useful feature for me is the ability to create different kinds of alerts and set a different kind of denominator that will capture the real event. That is helpful for a power user like me."
"Splunk provides immediate visibility into key business metrics and new business insights that deliver immediate value."
 

Cons

"There is not a wide user base for the solution's online documentation so it is sometimes difficult to find answers."
"The frontend capabilities of Palantir Foundry could be improved."
"The solution's visualization and analysis could be improved."
"Difficult to receive data from external sources."
"The solution’s data security could be improved."
"It requires a lot of manual work and is very time-consuming to get to a functional point."
"They do not have a data center in Europe, and we have lots of personally identifiable information in our dataset that needs to be hosted by a third-party data center like Amazon or Microsoft Azure."
"The solution could use more online documentation for new users."
"Splunk could have more built-in use case presets that customers can build on and customize."
"Deployment is not difficult but the lock sources and configurations can take time."
"We'd like to have the number of devices covered under the license to be increased."
"The security can be improved."
"It will be helpful for customers if they can create some real-world cases, and we can find a case study to align with. I know that Splunk has tremendous potential. We only include a tiny piece of it. There is a lot of stuff that we need to learn. If Splunk can provide more real-time examples, that will be helpful for customers."
"In the next releases, I would like to see more pricing flexibility."
"Splunk Enterprise Security could improve in automation, flexibility, and providing more content out of the box."
"While Splunk Enterprise Security offers valuable features, its cost is high and could be more competitive."
 

Pricing and Cost Advice

"Palantir Foundry has different pricing models that can be negotiated."
"Palantir Foundry is an expensive solution."
"It's expensive."
"The solution’s pricing is high."
"The price of this solution is expensive. However, it has great features. If you want a great solution you need to pay a price matching the features."
"In addition to the licensing fee, there is also a support and maintenance charge."
"This solution is costly. Splunk is obviously a great product, but you should only choose this product if you need all the features provided. Otherwise, if you don't need all the features to meet your requirements, there are probably other products that will be more cost-effective. It's cost versus the functionality requirement."
"Splunk is costly but it’s worth it due to the high-end features."
"Luckily, we come under a large federal agency, and before the pandemic, they signed a large enterprise license agreement. It worked out great and to our advantage because we are a small organization. We got a 300 gig license, and we just did not have the buying power to be able to get products cheaply. Because we all partnered together under the agency umbrella, we were able to get Splunk Enterprise Security, UBA, and ITSI for cheap. This was good considering the fact that some of these premium apps require a minimum number of users, and we do not have the number of people needed to even justify buying it."
"Further reductions would be fantastic, and I believe that more and more people would flock to it."
"The pricing could be made more competitive."
"I believe there is room for improvement in reducing costs, particularly in the financial aspect, as Splunk tends to be pricier compared to other options."
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Comparison Review

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Feb 26, 2015
HP ArcSight vs. IBM QRadar vs. ​McAfee Nitro vs. Splunk vs. RSA Security vs. LogRhythm
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
14%
Computer Software Company
11%
Financial Services Firm
10%
Government
7%
Financial Services Firm
15%
Computer Software Company
14%
Manufacturing Company
8%
Government
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

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?
The solution’s data security could be improved. We cannot use many Python packages with the solution. We were able to use only a few compatible Python packages.
What is your primary use case for Palantir Foundry?
Our use cases are mostly related to data analytics. We are building some dashboards and ETL pipelines on the Palantir side. Palantir Foundry is a low-code/no-code platform with a user-friendly UI. ...
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: March 2025.
845,040 professionals have used our research since 2012.