Set-up costs can be minimized by controlling the number of applications that are made available within the solution. The newer licenses are per user and open up access to a suite of products, the best value, and security can be achieved by using more of the products.
Information Technology Specialist (Contract role) at Computacenter
Consultant
Top 20
2023-08-19T18:19:00Z
Aug 19, 2023
Engage with Cyberark account management and professional services to fully understand your current, expected, and future requirements. Some default settings applied early on may be very time-consuming to amend at a later date (for example, set a default attribute in a platform, extrapolate that platform out to 300 other platforms and a single change may then have to be retrofitted 300 times). So the more scope you can define at deployment the better.
Learn what your peers think about CyberArk Privileged Access Manager. Get advice and tips from experienced pros sharing their opinions. Updated: November 2024.
While the IAM space is heating up with new vendors, both CyberArk development and the product team seem to be ahead of the curve, with features and products to enable enterprise customers the ability to secure their networks and break the intrusion cycle.
I would rate CyberArk's pricing a nine out of ten, with one being cheap and ten being expensive. It's one of the most expensive solutions in the market, but it's worth it.
I haven't seen the numbers. I know it is not cheap, but I don't know what it is. I would rate it a six out of ten in terms of pricing. It is definitely more expensive than the other product, but it also provides more functionality, and it is modular too. So, we pay for the functionality we're actually going to use, and that's nice.
I'm a technician so I don't handle the licensing for CyberArk Privileged Access Manager, but I know that the price for the core license is about €140 per year. There's another type of license, the external vendor license, and that's about €600 and you can manage twenty devices. From what I know, the price for one device in a subscription is about €65 per year. You can buy the CyberArk Endpoint Privilege Manager too, or you can buy some other application or application license with CyberArk Privileged Access Manager, but all other features, such as the Analytics Server is included in the basic CyberArk license. With WALLIX, you need to buy separate licenses for the features.
Product Owner at a tech services company with 1,001-5,000 employees
Real User
2022-01-10T13:53:00Z
Jan 10, 2022
It's expensive, certainly. But CyberArk is the leader in the market with regards to privileged access management. You pay a lot, but you are paying for the value that is being delivered. It's not a tool for small companies. You need to be a large company with a lot of resources to implement it. But the price tag can be justified, even though it's always hard to quantify these things. It really brings value, regardless of the level at which you implement it. If you use it at a very basic level, as just a password manager, or you go further with all the other elements of the tool, it's expensive, but it's worth the price.
Security Lead at a insurance company with 1,001-5,000 employees
Real User
2021-10-29T13:55:00Z
Oct 29, 2021
CyberArk had just changed switched their licensing model to perpetual licenses when we purchased, including the whole PAM Suite. Before we bought it, they were licensing each function individually, which got complicated and very expensive. When we decided to buy it, it was much more straightforward and still quite expensive, but it brings a lot of value and risk reduction to the organization. In the last year or so, it's my understanding that they have switched from a perpetual licensing model to pushing companies to a subscription-based model. I have not dealt with this yet, so I'm not sure my feedback on licensing would be too valuable because they've moved away from the license type we purchased.
IT Manager at a financial services firm with 1,001-5,000 employees
Real User
2021-10-16T07:22:00Z
Oct 16, 2021
We use an old model for pricing. The new model is a subscription model on the cloud. The price of CyberArk support could be a little bit less. Otherwise, pricing is fine.
Overall, bundle pricing and sales team support are really good. The main difference from all the other vendors is that they have one package that covers all the functionality and modules required in PAS, except the add-on advance technologies like agent-based endpoint, Win/Linus server protection, domain controller protection etc. When it comes to agent-based advanced technologies the overall cost is not cheap. However, the values it brings is highly critical to customers who are paranoid about targeted attacks. Vendor PS BOQ are expensive like usual OEMs rates, but they do the Scope effectively within less time, which help the large customers ( like banks ) to run without any downtime
Product Manager at a tech services company with 11-50 employees
Reseller
2021-02-04T07:52:57Z
Feb 4, 2021
It is best suited for mid to large-size enterprises. It is not the best for smaller companies, largely because of the price. I believe that this solution is priced well. It's the market leader and I think that it's the best solution. The price is quite good for us.
Privileged Access Management is a business transformation program. It forces business to look at their overall operating model for system administrative and application based access, and develop a strategy that reduces risk overall to the enterprise. Once this strategy is completed, and a new operating model is conceived, CyberArk software and services becomes a very effective series of controls that enable the business to secure the most sensitive access to services, and allows the organization to operate within their risk tolerance. Far too often companies will treat the CyberArk product set as a software implementation, that becomes overly complex and evolves into a multi-year program. This is due in part to the legacies of technology programs, where the implementation will force business to rethink their operating model, and therefore delays, scope changes and cost of overall program becomes associated with the software implementation initiative. This is a consequence of positioning a Privileged Access program as a security software implementation, and not a true business transformation initiative. While CyberArk continues to adjust its licensing costs and continues to look at the comparisons in the industry and the ability to effectively and affordably help companies and firms solve their privileged access problems, companies also have to look at the overall cost of what a privileged access program means to their firm, and what shareholder value they gain as a result of implementing those types of products or services or business processes. In that context, they should start to look at what the comparison is against the software that they're using to enable those very controls they're trying to implement.
CyberArk Privileged Access Manager is a next-generation solution that allows users to secure both their applications and their confidential corporate information. It is extremely flexible and can be implemented across a variety of environments. This program runs with equal efficiency in a fully cloud-based, hybrid, or on-premises environment. Users can now protect their critical infrastructure and access it in any way that best meets their needs.
CyberArk Privileged Access Manager possesses...
CyberArk Privileged Access Manager comes at a high cost. But the solution is worth its price.
The product is expensive. I rate the product’s pricing a seven out of ten, where one is cheap and ten is expensive.
Licensing may sometimes seem a little complicated. A good partner from CyberArk can work it out.
Set-up costs can be minimized by controlling the number of applications that are made available within the solution. The newer licenses are per user and open up access to a suite of products, the best value, and security can be achieved by using more of the products.
The PAM product isn't low-cost, however, it is worth it. Go with a longer-term agreement to realize lower costs.
Engage with Cyberark account management and professional services to fully understand your current, expected, and future requirements. Some default settings applied early on may be very time-consuming to amend at a later date (for example, set a default attribute in a platform, extrapolate that platform out to 300 other platforms and a single change may then have to be retrofitted 300 times). So the more scope you can define at deployment the better.
While the IAM space is heating up with new vendors, both CyberArk development and the product team seem to be ahead of the curve, with features and products to enable enterprise customers the ability to secure their networks and break the intrusion cycle.
I would rate CyberArk's pricing a nine out of ten, with one being cheap and ten being expensive. It's one of the most expensive solutions in the market, but it's worth it.
The price of the solution is reasonable. I rate the price CyberArk Privileged Access Manager a seven out of ten.
The license CyberArk Privileged Access Manager is on an annual basis.
The solution is costly but we get what we pay for.
The licensing can be yearly or over a couple of years. Support needs to be renewed every year.
I haven't seen the numbers. I know it is not cheap, but I don't know what it is. I would rate it a six out of ten in terms of pricing. It is definitely more expensive than the other product, but it also provides more functionality, and it is modular too. So, we pay for the functionality we're actually going to use, and that's nice.
I don’t deal with the licensing. That said, my understanding is that it is on the higher side. When we need enhancements, we do have to pay more.
I'm a technician so I don't handle the licensing for CyberArk Privileged Access Manager, but I know that the price for the core license is about €140 per year. There's another type of license, the external vendor license, and that's about €600 and you can manage twenty devices. From what I know, the price for one device in a subscription is about €65 per year. You can buy the CyberArk Endpoint Privilege Manager too, or you can buy some other application or application license with CyberArk Privileged Access Manager, but all other features, such as the Analytics Server is included in the basic CyberArk license. With WALLIX, you need to buy separate licenses for the features.
CyberArk is an expensive product.
I'm not involved in the purchase of the CyberArk Privileged Access Manager licenses, so I'm unable to comment.
The price of CyberArk Privileged Access Manager is expensive. There are no other fees other than the standard licensing fees.
CyberArk is one of the best PAM solutions and one of the most expensive, but it works better than the others, so the pricing is fair.
Generally, I don't get involved in the licensing or the purchasing side of it, but I do know that the licenses are expensive.
It's expensive, certainly. But CyberArk is the leader in the market with regards to privileged access management. You pay a lot, but you are paying for the value that is being delivered. It's not a tool for small companies. You need to be a large company with a lot of resources to implement it. But the price tag can be justified, even though it's always hard to quantify these things. It really brings value, regardless of the level at which you implement it. If you use it at a very basic level, as just a password manager, or you go further with all the other elements of the tool, it's expensive, but it's worth the price.
CyberArk DNA is free if you purchase the CyberArk solution. There is no additional charge for CyberArk DNA, which is great.
It is in line with its competitors, but all such solutions cost too much money.
CyberArk had just changed switched their licensing model to perpetual licenses when we purchased, including the whole PAM Suite. Before we bought it, they were licensing each function individually, which got complicated and very expensive. When we decided to buy it, it was much more straightforward and still quite expensive, but it brings a lot of value and risk reduction to the organization. In the last year or so, it's my understanding that they have switched from a perpetual licensing model to pushing companies to a subscription-based model. I have not dealt with this yet, so I'm not sure my feedback on licensing would be too valuable because they've moved away from the license type we purchased.
We use an old model for pricing. The new model is a subscription model on the cloud. The price of CyberArk support could be a little bit less. Otherwise, pricing is fine.
The solution is very expensive and requires a license. We pay for an enterprise license.
The price of this solution is quite reasonable.
Overall, bundle pricing and sales team support are really good. The main difference from all the other vendors is that they have one package that covers all the functionality and modules required in PAS, except the add-on advance technologies like agent-based endpoint, Win/Linus server protection, domain controller protection etc. When it comes to agent-based advanced technologies the overall cost is not cheap. However, the values it brings is highly critical to customers who are paranoid about targeted attacks. Vendor PS BOQ are expensive like usual OEMs rates, but they do the Scope effectively within less time, which help the large customers ( like banks ) to run without any downtime
It is best suited for mid to large-size enterprises. It is not the best for smaller companies, largely because of the price. I believe that this solution is priced well. It's the market leader and I think that it's the best solution. The price is quite good for us.
CyberArk is quite expensive and they should have a better pricing model.
Privileged Access Management is a business transformation program. It forces business to look at their overall operating model for system administrative and application based access, and develop a strategy that reduces risk overall to the enterprise. Once this strategy is completed, and a new operating model is conceived, CyberArk software and services becomes a very effective series of controls that enable the business to secure the most sensitive access to services, and allows the organization to operate within their risk tolerance. Far too often companies will treat the CyberArk product set as a software implementation, that becomes overly complex and evolves into a multi-year program. This is due in part to the legacies of technology programs, where the implementation will force business to rethink their operating model, and therefore delays, scope changes and cost of overall program becomes associated with the software implementation initiative. This is a consequence of positioning a Privileged Access program as a security software implementation, and not a true business transformation initiative. While CyberArk continues to adjust its licensing costs and continues to look at the comparisons in the industry and the ability to effectively and affordably help companies and firms solve their privileged access problems, companies also have to look at the overall cost of what a privileged access program means to their firm, and what shareholder value they gain as a result of implementing those types of products or services or business processes. In that context, they should start to look at what the comparison is against the software that they're using to enable those very controls they're trying to implement.
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