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Panther vs Splunk Cloud Platform comparison

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Comparison Buyer's Guide

Executive Summary

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

Panther
Average Rating
8.0
Reviews Sentiment
7.1
Number of Reviews
4
Ranking in other categories
Security Information and Event Management (SIEM) (36th), AI Data Analysis (28th)
Splunk Cloud Platform
Average Rating
8.4
Reviews Sentiment
5.6
Number of Reviews
116
Ranking in other categories
Data Visualization (4th), IT Alerting and Incident Management (3rd)
 

Mindshare comparison

Panther and Splunk Cloud Platform aren’t in the same category and serve different purposes. Panther is designed for Security Information and Event Management (SIEM) and holds a mindshare of 1.0%, up 0.5% compared to last year.
Splunk Cloud Platform, on the other hand, focuses on Data Visualization, holds 1.1% mindshare, up 1.0% since last year.
Security Information and Event Management (SIEM) Mindshare Distribution
ProductMindshare (%)
Panther1.0%
Splunk Enterprise Security8.2%
IBM Security QRadar5.6%
Other85.2%
Security Information and Event Management (SIEM)
Data Visualization Mindshare Distribution
ProductMindshare (%)
Splunk Cloud Platform1.1%
Tableau Enterprise9.6%
Qlik Sense4.8%
Other84.5%
Data Visualization
 

Featured Reviews

Narendran Nair - PeerSpot reviewer
Product Security Engineer at Infoblox
AI triage has streamlined real-time alert monitoring and has improved on-call incident response
The best features Panther offers are AI Triage, the ability to comment on our activities, and seamless integration with other communication sources such as PagerDuty, Microsoft Teams, and potentially Slack, showcasing the flexibility we have in using this tool. The most valuable feature for my team is definitely AI Triage, which helps save a lot of time by eliminating the need for manual research regarding patterns that may be repeated, making our work easier and more efficient. Panther has positively impacted my organization as it serves as one of the main sources for triaging real-time incidents. Panther definitely plays a key role in the work that we do. Specific outcomes that show how Panther has helped our organization include saving a lot of time, especially since the AI Triage feature reduces the necessity to reach out to others for clarity, which it occasionally accomplishes on its own. To be honest, it does lack some aspects. For example, if it could access our organizational knowledge, including the Jira database, it might better analyze incidents and determine whether they are false positives or not by using more contextual data.
reviewer2805510 - PeerSpot reviewer
Partner Account Manager at a wholesaler/distributor with 51-200 employees
Unified log analytics has transformed security monitoring and cuts breach detection to minutes
Splunk Cloud Platform has areas for improvement, including the fact that it is obviously an enterprise tool and can be expensive, which is the biggest complaint I have noted. Costs can rise due to high data ingestion and long retention periods, along with a complex licensing structure that makes pricing difficult to predict as usage grows, especially since more systems send logs. There are also performance concerns at scale where users have reported slower searches and expensive long-term storage needs, particularly in multi-terabyte environments. Additionally, operational complexity exists as enterprises still need to do data onboarding, create dashboards, handle retention policies, access control, and performance tuning. These are the three key areas of improvement I have identified.

Quotes from Members

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

Pros

"Panther positively impacts my organization as it is the first point of response for any incident, giving a reviewer full clarity about what is happening, how it is happening, and where it is happening."
"I find Panther's detection capabilities and integrations to be highly valuable."
"We have seen a return on investment measured primarily through SOC efficiency and productivity improvements, with teams observing a twenty to thirty-five percent improvement in investigation efficiency depending on the environment and product maturity."
"The AI Triage feature saves a considerable amount of time, and if it were to incorporate organizational knowledge, it could provide finer-tuned results."
"The most valuable feature of Splunk Cloud Platform is the alerting feature."
"Flexible search, correlation, dashboards, and alerting help customers turn data from different sources into useful insights across multiple business use cases."
"Splunk Cloud Platform is a data analysis tool that works on big data and unstructured data, and what I appreciated about it is that Splunk data processing is very good, and when I performed search and threat hunting on Splunk, I was very satisfied."
"The real-time search capability of this product enhances operational decision-making, and it's very convincing."
"Overall, I assess Splunk Observability Cloud as invaluable because integrating AI into observability itself has helped streamline efforts and has enabled engineers to get more done within a short period of time."
"The Splunk Cloud Platform has reduced our mean time to resolve. It has easily saved 20 to 30 minutes every time someone gets locked out. We get 10 or 15 instances per day where people get locked out. It definitely saves a few hours per day."
"The log analysis features of Splunk Cloud have been the most valuable to me."
"The biggest thing I appreciate about Splunk Cloud Platform is the stability of this platform."
 

Cons

"The user experience could be improved because whenever I want to investigate the data, too much data is shown in the UI."
"Regarding Panther's accuracy and reliability of output, I would rate it at 70 percent since, at times, it identifies findings as valid when they may actually be false positives, which we have experienced in a few cases."
"The solution could be improved by providing more built-in integrations, which would reduce the need for me to build them myself."
"The administration could use improvement. We have to rely on support more often than we're used to."
"There could be better searches, but mainly, it needs to improve the performance with a vast amount of data. That will make it better and easier to use."
"We face occasional downtime issues where when we try to scale up, we face a considerable amount of challenges."
"The dislike about Splunk Cloud Platform is the learning resources and the learning materials that they have."
"Splunk Cloud could improve by having pre-defined templates. It has very good design views, but there is no predefined template. You have to define your own. If they could add predefined templates for different use cases."
"Pricing for Splunk Cloud Platform is on the higher side, but the setup is very much acceptable, and it is good that observability cloud will be available in a few months."
"It is sometimes slow. Some of that has to do with the queries themselves not being efficient, but sometimes it is slow."
"I think the tool has some scalability issues, especially when used in larger organizations."
 

Pricing and Cost Advice

Information not available
"It is not that expensive."
"The cost of the Splunk Cloud Platform is high, and in addition to the standard licensing fee, we also have a premium support fee."
"The pricing model makes this an expensive solution."
"It was a good model."
"Splunk Cloud Platform fell within our budget so we pulled the trigger and implemented it."
"There are additional features that you would need to purchase depending on your use case."
"The cost makes more sense for organizations that have a large amount of data ranges."
"My company has a license for Splunk Cloud Platform. My company also has a license for Splunk Enterprise."
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Top Industries

By visitors reading reviews
Manufacturing Company
15%
Construction Company
13%
Financial Services Firm
8%
Comms Service Provider
8%
Financial Services Firm
14%
Manufacturing Company
11%
Outsourcing Company
9%
Construction Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business39
Midsize Enterprise17
Large Enterprise85
 

Questions from the Community

What is your experience regarding pricing and costs for Panther?
I am not aware of the pricing, setup cost, and licensing details, as I handle the usage of Panther and not the setup process.
What needs improvement with Panther?
The user experience could be improved because whenever I want to investigate the data, too much data is shown in the UI. I understand Panther wants to show everything, but the UX can be improved by...
What is your primary use case for Panther?
My main use case for Panther is as a SIEM solution. I use Panther as a SIEM solution in my day-to-day work by integrating it with GuardDuty and CloudTrail and a couple of other product-related log ...
What is your experience regarding pricing and costs for Splunk Cloud Platform?
I think the pricing of Splunk Cloud offers a good quality-price ratio.
What needs improvement with Splunk Cloud Platform?
I see room for improvement in the area of reporting, especially the reporting dashboard for Splunk Cloud. I am not expecting any additional features in the future because I have not explored the cu...
What is your primary use case for Splunk Cloud Platform?
I have not utilized Splunk Cloud's machine learning capabilities as we just started. I have not used Splunk Cloud's integration with third-party applications. I track some false-positive indicators...
 

Overview

 

Sample Customers

Docker, Loom, Discord, Dropbox, HubSpot, Asana, GoFundMe, Zapier, Benchling, JupiterOne, Jumio, Bitstamp, Intercom, Randori, and Cedar
Mindtouch
Find out what your peers are saying about Splunk, IBM, Microsoft and others in Security Information and Event Management (SIEM). Updated: October 2026.
920,574 professionals have used our research since 2012.