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Palantir Foundry vs Splunk Enterprise Security comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Jan 25, 2026

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
10th
Average Rating
7.8
Reviews Sentiment
7.1
Number of Reviews
17
Ranking in other categories
Data Integration (12th), Supply Chain Analytics (1st), Cloud Data Integration (11th), 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
375
Ranking in other categories
Log Management (2nd), Security Information and Event Management (SIEM) (1st)
 

Mindshare comparison

As of February 2026, in the IT Operations Analytics category, the mindshare of Palantir Foundry is 4.1%, up from 2.4% compared to the previous year. The mindshare of Splunk Enterprise Security is 15.4%, down from 26.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
IT Operations Analytics Market Share Distribution
ProductMarket Share (%)
Splunk Enterprise Security15.4%
Palantir Foundry4.1%
Other80.5%
IT Operations Analytics
 

Featured Reviews

SR
Architect at L&T Technology Services
Finds security and customization features impressive, although cost concerns persist
My experience with Palantir Foundry and Azure has been good. Palantir Foundry is costly, but Azure is open, which allows for easier experimentation. Being a closed product, Palantir Foundry is difficult to practice offline unless we have an enterprise edition. However, it is very secure compared to other platforms. Palantir Foundry's best features include security, built-in features, low-code, no-code platform, and ease of use. The collaborative workspaces within Palantir Foundry contribute to team efficiency and project outcomes through seamless operation. The ease of customization is particularly notable. I have worked with the data lineage feature in Palantir Foundry, which comes by default. We simply need to tick the checkbox and make necessary configuration changes within the system itself. We do not need to procure another lineage platform as Palantir Foundry has its own built-in features for data lineage, data governance, and data security. The lineage feature helps enhance our data management practices by allowing us to understand the origin of data, track all activities happening on the data, identify users and consumers, and monitor how it flows across the system. This makes it easier to generate reports based on the lineage database. The predictive analytics capability within Palantir Foundry impacts financial forecasting strategies through its AIP functionality, which includes numerous pre-built models, LLMs, and data science application libraries. Using the AIP library within Palantir Foundry helps us develop quick resolutions for predictive models and analytics.
reviewer1469784 - PeerSpot reviewer
Senior Manager at a financial services firm with 10,001+ employees
Helps us detect cyber threats quickly and integrate multiple feeds effectively
Overall, the product is good, but when it comes to some infrastructure issues, we have to dig into more logs. There is no straightforward indication of an issue. Health check kind of dashboards are not available. More AI would help us, and more optimization, since security products run more queries. The AI module could suggest solutions, optimizing queries or workload balancing. If the product itself advises on running queries during peak times, it would be similar to what ChatGPT currently offers. We see quite a few issues on stability. Even last week, we faced something, and identifying bottlenecks is not easy. We need more SMEs, and there is no mechanism to tell us about indexer or search head issues. Self-monitoring dashboards could be beneficial. The technical support still requires more improvement. Often, primary support takes a lot of time and forwards most solutions to the engineering side. The primary support team has very limited knowledge to provide.

Quotes from Members

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

Pros

"The solution offers very good end-to-end capabilities."
"Encapsulates all the components without the requirement to integrate or check compatibility."
"The AI engine that comes with Palantir Foundry is quite interesting."
"The data lineage is great."
"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."
"It's scalable."
"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."
"Splunk Enterprise Security is amazing."
"Incident detection is the positive impact I have seen from Splunk Enterprise Security; it probably saved the company from financial losses because of the early detection of the incidents."
"It has quite extensive support in terms of integration. If you want to do anything, there are tools for that."
"It has increased our business resilience. It's a top-of-the-line SIEM security product. It's the best tool for our security analysts which helps them do their job better. That then protects our company from adversary actors."
"Splunk Enterprise Security enhances business resilience and assists with threat detection by centralizing security data."
"The features of Splunk Enterprise Security that I prefer the most are risk-based alerting, the new Mission Control, and the integrations that are coming into place between Mission Control and Splunk SOAR."
"Splunk Enterprise Security's value lies in its ability to collect and analyze security logs, providing insightful dashboards."
"The search engine and indexes are fast and optimized, and the report generation dashboard is user-friendly."
 

Cons

"The frontend capabilities of Palantir Foundry could be improved."
"The solution's visualization and analysis could be improved."
"The solution could use more online documentation for new users."
"The solution’s data security could be improved."
"Difficult to receive data from external sources."
"The workflow could be improved."
"Some error messages can be very cryptic."
"There is not a wide user base for the solution's online documentation so it is sometimes difficult to find answers."
"My security ops team takes 60 or 70% longer to remediate security incidents with Splunk Enterprise Security compared to our previous solution."
"Most of my interaction is with the user community, which is how Splunk wants it. When I need help, that community is very hit or miss."
"I think the tech support response time could be a bit better. Sometimes I need to wait more than 24 hours for a response to my tickets."
"The user interface is not user-friendly for non-technical users."
"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."
"The Splunk platform is not unified. We have all of these different tools and they feel a bit disjointed."
"Data retention can be better. If we want to look at the data for five months or six months, that is not available to us. We only have a history of 20 or 30 days. After that, the information gets lost. That is a drawback."
"The historical data extraction needs improvement. I would like the capability of taking data and having it trend longer."
 

Pricing and Cost Advice

"The solution’s pricing is high."
"Palantir Foundry is an expensive solution."
"Palantir Foundry has different pricing models that can be negotiated."
"It's expensive."
"Splunk Enterprise Security is a worthwhile investment given the comprehensive range of features it offers."
"The pricing is based on the volume of data fed into it, which can lead to substantial costs. This pricing model is complex and unpredictable, making cost management difficult."
"Splunk Enterprise Security is expensive."
"I work on the technical side, so I don't know precise figures. However, I know that Splunk is a premium product, so it's somewhat costly. Still, you get a lot of unique features for the money."
"It can be tough to determine if you are getting all of the value out of your investment at times."
"The pricing can be better. We are already considering Elastic because Splunk is too expensive. You have to pay based on per-day ingestion. There should be a more flexible model for the use cases where one day you have a huge amount, and on other days, it is quite less."
"The Splunk Enterprise Security license is expensive."
"Be upfront about your needs and expectations. Splunk is great to work with."
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Comparison Review

VS
Manager, Enterprise Risk Consulting at a tech company with 1,001-5,000 employees
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%
Financial Services Firm
10%
Government
8%
Computer Software Company
7%
Financial Services Firm
13%
Computer Software Company
10%
Manufacturing Company
9%
Government
6%
 

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 Enterprise50
Large Enterprise264
 

Questions from the Community

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 advice do you have for others considering Palantir Foundry?
Palantir Foundry is an excellent product for data engineering. On a scale of one to 10, I would rate Palantir Foundry a 9.
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: February 2026.
881,733 professionals have used our research since 2012.