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Fortinet FortiSIEM vs IBM Watson for Cyber Security comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Sep 18, 2024

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

Fortinet FortiSIEM
Ranking in Security Information and Event Management (SIEM)
8th
Average Rating
7.6
Reviews Sentiment
6.7
Number of Reviews
73
Ranking in other categories
No ranking in other categories
IBM Watson for Cyber Security
Ranking in Security Information and Event Management (SIEM)
54th
Average Rating
8.0
Number of Reviews
4
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of March 2025, in the Security Information and Event Management (SIEM) category, the mindshare of Fortinet FortiSIEM is 3.1%, up from 3.1% compared to the previous year. The mindshare of IBM Watson for Cyber Security is 0.2%, down from 0.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Security Information and Event Management (SIEM)
 

Featured Reviews

Oliver Jackson - PeerSpot reviewer
Systems monitoring enhanced by firewall and intrusion detection features
My primary use case for Fortinet FortiSIEM is systems monitoring and alerting. I use it for standard functions like log monitoring, incident detection, and notification.  My customers are mostly medium-sized enterprises ranging from engineering companies, mining companies, independent schools, and…
Elena Stefanovska - PeerSpot reviewer
Knowledgeable support, reliable, and useful compliance policies
IBM Watson for Cyber Security can be deployed on-premise or in the cloud and it is used as a SIEM solution The most valuable features of IBM Watson for Cyber Security are ease of use and out-of-the-box reports and compliance policies. Additionally, if there are aspects that are missing IBM add…

Quotes from Members

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

Pros

"Fortinet FortiSIEM is easy to use."
"The ability to write my own parsers for the devices that are not supported by Fortinet is the most valuable feature."
"The most valuable features of the solution is its integration with other technologies, especially its ability to collect logs from Cisco and Aruba devices along with Fortinet products."
"The seamless integration with FortiGate is the solution's most valuable aspect."
"Its automated response feature has benefited our customer communication. Analysts feel more confident in providing timely responses."
"Our customer did not have security monitoring in the first place. With this solution, it provided security posture management and visibility about the security landscape and threats that they had."
"The event correlation is pretty robust. The GUI is pretty good."
"It works well with medium to large-scale enterprises."
"The customer support is very good."
"IBM Watson for Cyber Security is very stable."
"The most valuable features of IBM Watson for Cyber Security are ease of use and out-of-the-box reports and compliance policies. Additionally, if there are aspects that are missing IBM add them in the next release."
"The most valuable feature of this product is innovation, where the research and upgrading of technology never ends."
 

Cons

"Fortinet FortiSIEM is a little out of sight and needs more marketing efforts to be popular in the market."
"The challenge I face with Fortinet FortiSIEM is the lack of support."
"Not very good on non-API features, lacks that functionality."
"Does not have load-sharing or high-availability, and these are important things to implement. I can do the same things in another way, but not naturally having these features makes it complicated."
"Improvements include making it easier for users to create their normalizers. Fortinet FortiSIEM uses XML for normalizing and parsing, which can be tedious and time-consuming. A simpler way of using regex could be helpful."
"The stability of the product is an area of concern where improvements are required."
"The performance can be improved. Sometimes it takes a long time to fetch data."
"There could be more AI features included in the product."
"The dashboard could improve in IBM Watson for Cyber Security."
"This is an expensive product, so making it more cost-effective would be an improvement."
"In the future, I would like to see threat intelligence included."
"They need to continue to build the AI capabilities."
 

Pricing and Cost Advice

"FortiSIEM's licensing is based on EPS, and its pricing is competitive in the market."
"If one is cheap and ten is expensive. I rate the tool's price as an eight out of ten. Compared with Splunk or Oracle, Fortinet is cheap."
"The solution is available for both, perpetual and subscription licenses."
"There is a need to make yearly payments towards the licensing charges attached to the product. The free version license of the product is available for two months."
"Fortinet FortiSIEM is cheaper compared to other products."
"Fortinet FortiSIEM is very cost-efficient compared to other SIEM solutions."
"Its price can be better. We are Fortinet partners, so we can get discounts, but its price can be an issue at the beginning for others. There is a licensing scheme for every case. There are three licensing schemes that we can choose from."
"The price is competitive."
"IBM Watson for Cyber Security is very simple to license and is priced well."
"The price of this solution should be lower, although I understand why IBM charges a premium price."
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Top Industries

By visitors reading reviews
Computer Software Company
16%
Financial Services Firm
9%
Government
8%
Manufacturing Company
7%
Computer Software Company
18%
Manufacturing Company
16%
Financial Services Firm
16%
Media Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What do you like most about Fortinet FortiSIEM?
Fortinet FortiSIEM needs to provide better API integrations to users.
What is your experience regarding pricing and costs for Fortinet FortiSIEM?
As a service, the cost is reasonable and affordable with scalable pricing based on the number of monitored devices. However, setting it up for oneself as an enterprise-licensed product can be quite...
What needs improvement with Fortinet FortiSIEM?
The built-in APIs in Fortinet FortiSIEM are somewhat lacking and could be improved for better integration with external ITSM products. Improving software stability and reducing bugs will make it a ...
Ask a question
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Also Known As

FortiSIEM, AccelOps
No data available
 

Overview

 

Sample Customers

FortiSIEM has hundreds of customers worldwide in markets including managed services, technology, financial services, healthcare, and government. Customers include Aruba Networks, Compushare, Port of San Diego, Cleveland Indians, Infoblox, Healthways, and Referentia.
Information Not Available
Find out what your peers are saying about Fortinet FortiSIEM vs. IBM Watson for Cyber Security and other solutions. Updated: January 2025.
839,422 professionals have used our research since 2012.