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Splunk SOAR vs ThreatConnect Threat Intelligence Platform (TIP) comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Jun 15, 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

Splunk SOAR
Ranking in Security Orchestration Automation and Response (SOAR)
3rd
Average Rating
8.0
Reviews Sentiment
6.8
Number of Reviews
45
Ranking in other categories
No ranking in other categories
ThreatConnect Threat Intell...
Ranking in Security Orchestration Automation and Response (SOAR)
13th
Average Rating
8.4
Reviews Sentiment
6.4
Number of Reviews
8
Ranking in other categories
Threat Intelligence Platforms (5th)
 

Mindshare comparison

As of July 2025, in the Security Orchestration Automation and Response (SOAR) category, the mindshare of Splunk SOAR is 7.6%, down from 8.5% compared to the previous year. The mindshare of ThreatConnect Threat Intelligence Platform (TIP) is 1.9%, up from 1.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Security Orchestration Automation and Response (SOAR)
 

Featured Reviews

SAURABHYADAV4 - PeerSpot reviewer
Enables optimization by reducing manual intervention and increasing automation in the workflow
The product provides 100% automation for certain processes. It needs no manual intervention. We can integrate various tools like VirusTotal and ServiceNow. We can automate all the tasks. It is one of the best things about the tool. It also provides workforce protection. Whenever we get any alerts or make any configurations, we develop workflow automation using the playbooks. We can fully automate some of the security incident resolutions. We can also do identification and redirection using the product. I have integrated Splunk Phantom with Splunk Cloud. Previously, I used it with Splunk on-premise to get the logs into Splunk for tracking and audit purposes. Since Splunk is a SaaS-based product, it has certain maintenance windows. Over time, the vendor does some maintenance during off-production hours. Creating playbooks using the solution’s playbook editor is not tough. For someone who knows the solution, I rate the ease of creating playbooks as four out of five. The solution’s playbook viewer provides full visibility. The product provides different integrations. We can easily integrate the tool with VirusTotal, ServiceNow, and the asset and identity management system. The product is somewhat easier to use in an investigation. We have been able to identify the false positives using the product. The tool has helped reduce false positives by 30%. Splunk SOAR has helped reduce our mean time to detect by 10% to 15%. Splunk SOAR has a major impact on our meantime to resolve. Our mean time to resolve has been reduced by 35% to 40%. I have integrated VirusTotal with Splunk SOAR. Instead of doing manual checks, I can easily get the score by integrating the tool with Splunk SOAR. I have also synced Active Directory with the asset and identity management system. It's been a long time since we have implemented Splunk SOAR. It brings value to our organization. Before Splunk SOAR, everything was done using manual intervention. We had to educate the SOC team on how to do tasks. We also had to create playbooks for them. With Splunk SOAR, we only have to educate the team about how things are done so that they can perform a manual intervention when there is a failure, which is rare. After deploying the product, we had to provide some training to the SOC team. After getting trained, it was hands-on. Along with other Splunk solutions, Splunk SOAR provides the resilience to face any issues and hardships. We easily cope with downtimes. Splunk SOAR offers us end-to-end visibility across our environment. It depends on how much we utilize it. Visualizing and troubleshooting our cloud-native environment using Splunk SOAR is somewhat easy. I have to coordinate with the Phantom administrators if there is any issue. I work mostly on playbook development and integrating it with security instances.
Harshal Pachpande - PeerSpot reviewer
Automating intelligence workflows significantly reduces false positives and enhances response efficiency
ThreatConnect Threat Intelligence Platform (TIP) offers valuable workflows that integrate with our SOAR platform. It performs dedicated threat scoring capabilities which enrich internal indicators and automate response actions. This has been a key feature in our environment, which we have utilized for picking IOCs. The platform can be domain-specific and customer-specific, allowing data isolation for each customer. The scoring capabilities of ThreatConnect Threat Intelligence Platform (TIP) deserve a rating of nine out of ten. Its scalability and threat scoring capabilities have reduced false positives in our detection, as we dynamically change the IOCs which are updated daily through scheduled polling time over QRadar and SOAR.

Quotes from Members

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

Pros

"I like the integration capabilities of Phantom. It has a lot of integrations with other products. Its searching methodologies are also good. It is also easy to understand and easy to create playbooks."
"Scalability is the best feature of the solution."
"Workflow management is most valuable. It is easily customizable"
"I like the way Splunk interacts with various systems via the API. The ability to integrate Splunk with our ticketing system has been an immense help because we can maintain our workflow while blending Splunk with our support desk and other ways that we track work."
"We are not a 24/7 SOC, so the most valuable feature of Splunk SOAR is the auto-response to threats when we are not in the office and the notifications that it sends to the on-call engineer."
"The product’s integration with other Splunk products is valuable."
"The most valuable feature of Splunk SOAR is the automated playbooks, which saves analysts time."
"Our customers find it easy to conduct searches and consider it an excellent content management system."
"The most valuable features are ease of use and the ability to customize it."
"The tool's installation, integration, and playbooks are very straightforward."
"ThreatConnect has a highly user-friendly interface."
"The product automatically generated a threat score based on the maliciousness of an IP."
"We have been able to see a return on investment as our clients believe in us more."
"ThreatConnect Threat Intelligence Platform (TIP) has positively impacted my organization by reducing our MTTD through enriching alerts and providing contextual threat intelligence in real-time, cutting down our triage time for high-priority incidents."
"It's a solid platform and is stable enough. It is not complicated and is easy to use."
"ThreatConnect Threat Intelligence Platform (TIP) has positively impacted my organization by reducing our MTTD through enriching alerts and providing contextual threat intelligence in real-time, cutting down our triage time for high-priority incidents."
 

Cons

"The Splunk SOAR platform was not designed specifically for case management which is why this area needs improvement."
"The technical support for the Splunk SIEM solution was average."
"The application does not work properly and does not pass the log-based configuration. I feel that some kind of review should happen in the application. This review should validate things so that we can get the right information. Splunk does not tell us where the IP address is associated with."
"It could be easier to implement."
"While there have been improvements to the investigation process, particularly with the playbook data, the current log review method is cumbersome."
"In the beginning, we couldn't find any specific documents for every function. It wasn't easy to navigate to what we needed."
"There is a lot of room for improvement with the UI."
"Various aspects of the playbook development process itself can be optimized."
"I couldn’t get any training videos online when I was working with the tool."
"Support is an area with which nobody is ever fully satisfied, so it can be improved."
"Sometimes, when using the solution, it slows down, affecting our ability to mitigate threats."
"ThreatConnect Threat Intelligence Platform (TIP) could be improved by addressing challenges such as the customization over the tagging mechanism, where filtering based on individual tags is not available, limiting data export."
"ThreatConnect Threat Intelligence Platform (TIP) could be improved by addressing challenges such as the customization over the tagging mechanism, where filtering based on individual tags is not available, limiting data export."
"Integration is an area that could use some improvement."
"It would be good to have more feeds and more integrated sources for enrichment."
"They should make it a little bit easier to generate events and share them with the community"
 

Pricing and Cost Advice

"In my opinion, the price is high, but if you want good products, you have to be willing to pay for them."
"The licensing cost is reasonable."
"I found the price of Splunk SOAR to be good."
"Splunk SOAR is an expensive solution for an organization of our size."
"I don't know the exact price, but for my region, it is very expensive."
"The cost is high and the licensing is on an annual basis."
"It's very overpriced because it is based on the number of users. There is no bulk licensing."
"Splunk is a fast enterprise tool, but it costs too much. At the same time, it's worth what we pay, in my opinion. We can efficiently perform all the functions and tie together the data. It's the perfect tool for our needs."
"I rate the product price as six on a scale of one to ten, where one is extremely expensive, and ten means it is cheap."
"The price of this product is in the mid-range, not too expensive, nor inexpensive."
"The price could be better."
"The tool is expensive."
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Top Industries

By visitors reading reviews
Computer Software Company
14%
Financial Services Firm
12%
Manufacturing Company
11%
University
6%
Financial Services Firm
16%
Computer Software Company
11%
Manufacturing Company
9%
Government
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about Splunk Phantom?
Splunk SOAR's quick response to incidents is the most valuable part.
What is your experience regarding pricing and costs for Splunk Phantom?
Splunk SOAR is moderately priced, neither cheap nor overly expensive.
What needs improvement with Splunk Phantom?
There are areas in Splunk SOAR that have room for improvement. To make Splunk SOAR a better solution, there could be better built-in debugging tools, smarter playbook suggestions, and enhanced life...
What do you like most about ThreatConnect Threat Intelligence Platform (TIP)?
The product automatically generated a threat score based on the maliciousness of an IP.
What is your experience regarding pricing and costs for ThreatConnect Threat Intelligence Platform (TIP)?
The pricing seems a bit high for smaller companies. It would be beneficial if they had pricing tailored to different client sizes.
What needs improvement with ThreatConnect Threat Intelligence Platform (TIP)?
I would like to see improvements in the time zone support of their customer service, considering users are from different time zones. Additionally, the pricing is high for smaller organizations, so...
 

Also Known As

Phantom
No data available
 

Interactive Demo

Demo not available
 

Overview

 

Sample Customers

Recorded Future, Blackstone
Oracle, IBM, General Dynamics, Scotiabank, Sony, Athena Health, Berkshire Hathaway Energy, Workday, TikTok
Find out what your peers are saying about Splunk SOAR vs. ThreatConnect Threat Intelligence Platform (TIP) and other solutions. Updated: June 2025.
860,592 professionals have used our research since 2012.