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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) (32nd), AI Data Analysis (27th)
Splunk Cloud Platform
Average Rating
8.4
Reviews Sentiment
5.6
Number of Reviews
111
Ranking in other categories
Data Visualization (3rd), 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 0.4% compared to last year.
Splunk Cloud Platform, on the other hand, focuses on Data Visualization, holds 1.1% mindshare, up 1.1% since last year.
Security Information and Event Management (SIEM) Mindshare Distribution
ProductMindshare (%)
Panther1.0%
Splunk Enterprise Security7.8%
IBM Security QRadar5.6%
Other85.6%
Security Information and Event Management (SIEM)
Data Visualization Mindshare Distribution
ProductMindshare (%)
Splunk Cloud Platform1.1%
Tableau Enterprise9.3%
Qlik Sense4.7%
Other84.9%
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."
"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."
"I find Panther's detection capabilities and integrations to be highly valuable."
"Since the time I joined this organization, Splunk has been a very important tool for collecting the logins and the events."
"The favorite feature of Splunk Cloud Platform is the infrastructure that has been provided to us, and the pricing that has been given to us is very low and fits within our budget, and the main feature is the reduction in time and manpower."
"Splunk Cloud Platform has reduced our errors and has helped us troubleshoot significantly with the alerts that we have set up with the logging that it offers."
"The best features of Splunk Cloud Platform include its powerful analytics and intuitive user interface, and I particularly appreciate how it simplifies complex data operations."
"As compared to other tools, it is very easy. It is very easy to learn. It also integrates well."
"UBA is a great application within Splunk Cloud Platform."
"For my current requirements, the tool theme seems to be meeting my requirements, from a cost and requirements perspective."
"We use Splunk Cloud primarily as a troubleshooting tool, so the most valuable features are the analysis and visualization."
 

Cons

"The solution could be improved by providing more built-in integrations, which would reduce the need for me to build them myself."
"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 user experience could be improved because whenever I want to investigate the data, too much data is shown in the UI."
"In Splunk Cloud Platform particularly, there is nothing specific that I would like to see improved or enhanced, but the cost is currently very high."
"However, we have experienced delays in getting answers to some of the issues that we faced during migrations, and that has taken some time to get resolutions to, which is why I am rating it at seven."
"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."
"Support is the bigger issue when we have a problem. When we need their help, it takes weeks or months to actually get resolved."
"Pricing is too high for Splunk Cloud Platform."
"In my opinion, there is room for improvement, as we used to raise multiple issues via the process, but they pick them up slowly, and the response times are not as prompt as we would like."
"It would be nice to see more comparisons between Splunk and other log management tools. There are some legacy tools that people are often coming off. It will ease the transition if you are coming off a Windows LogViewer or any other logging tool. Splunk could offer more advice on how to transition into it or onboard it."
"The return on investment with Splunk Cloud Platform has been poor. There is a significant possibility we will be replacing it in the next quarter or two."
 

Pricing and Cost Advice

Information not available
"The lack of transparency around the SVC licensing makes it difficult to explain the costs to our clients."
"Splunk Cloud Platform is an expensive solution."
"The licensing is based on the amount of data that we send to the cloud on a daily basis."
"It is a touchy subject because we are locked into it. That goes back to the rehydrating data. We cannot have the retention that we want to store for legal and compliance purposes because that is seven years' worth of data for some of the indexes, so we ship them off into S3 buckets and install them there, at which point they are invisible to Splunk, so we have to rehydrate them, but we cannot rehydrate those pockets into Splunk Cloud. We have to rehydrate them into a self-hosted version of Splunk, which can take days to set up and get going. I would not call Splunk's licensing and pricing predatory, but they have made it very difficult to maintain the independence of your own data."
"The cost of the Splunk Cloud Platform is high, and in addition to the standard licensing fee, we also have a premium support fee."
"We were involved in the renewal process, and our organization does reviews of all our partnerships that we have every two to three years to ensure they are meeting our needs, there isn't a better solution out there, and we won't save money by going somewhere else."
"Splunk Cloud Platform fell within our budget so we pulled the trigger and implemented it."
"The pricing model makes this an expensive solution."
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Top Industries

By visitors reading reviews
Construction Company
13%
Manufacturing Company
13%
Financial Services Firm
8%
Comms Service Provider
7%
Financial Services Firm
16%
Construction Company
9%
Outsourcing Company
9%
Manufacturing Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business37
Midsize Enterprise17
Large Enterprise79
 

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?
Panther could be improved by adding a feature that allows it to access organizational data, which would help produce better-tuned outputs with fewer false positives and alerts, making our jobs easi...
What is your primary use case for Panther?
My main use case for Panther is real-time monitoring of alerts, where we triage incidents that occur for our on-call duties. Panther is one of the major sources from which we receive alerts in real...
What is your experience regarding pricing and costs for Splunk Cloud Platform?
Splunk Cloud Platform is a Gartner leading product. Splunk is superior in comparison with any other SIEM.
What needs improvement with Splunk Cloud Platform?
There is always room for improvement. Splunk can improve because it is a very expensive product. Because of the cost, we do not have as many skilled resources for Splunk, which makes it very diffic...
What is your primary use case for Splunk Cloud Platform?
I was a consumer using Splunk Cloud Platform at that time. I have been familiar with Splunk Cloud Platform. I was a user of Splunk Cloud Platform and a customer also.
 

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: September 2026.
913,683 professionals have used our research since 2012.