What is your experience regarding pricing and costs for Fortinet FortiSIEM?

Fortinet FortiSIEM is high-priced. Previously, its licensing model required separate licenses for devices, agents, and EPS, which was quite rigid. The revised model is subscription-based and more flexible.

The pricing of FortiSIEM is moderate; it is neither very costly nor very cheap.

It has a good price and is more competitive than the others.

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.

I don't have the price list of any of the competitors of Fortinet FortiSIEM. I work with the technical part of the tool. 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.

The price is competitive. We can scale based on the licensing. It is an annual CapEx.

Fortinet FortiSIEM is very cost-efficient compared to other SIEM solutions. On a scale from one to ten, where one is cheap and ten is expensive, I rate the solution's pricing a seven out of ten.

Pricing is determined based on the customer's budget. We discuss how to tailor the pricing to fit the specific needs and financial considerations of the customer.

The price of the solution is expensive. The license is scalable. If there are 10 devices it is simple to license.

FortiSIEM might be considered expensive in some markets. We have an international customer base, and it's affordable for a lot of them. However, customers in some markets cannot build a suitable use case around it. But it's not because of the product. It often depends on customers' operation organization. You also need some operation and security knowledge to make a professional management decision. A company needs to work with the consultants and distributors who are delivering the environment and necessary support.

It is cheaper than LogPoint or QRadar.

FortiSIEM's licensing is based on EPS, and its pricing is competitive in the market.

This is probably more on the lower cost end of the spectrum compared to competing products. Fortinet's license model is based on events per second, which makes sense, but that's not typical. It makes it very hard to calculate what your costs are going to be as you scale the platform because some log sources, such as firewall logs, are very noisy, and there are lots and lots of events per second, but some of them are not. So, it becomes a bit of a science experiment trying to guess what your costs are going to be as you scale the solution. This is where other competing products perhaps have a more straightforward license model. In terms of additional costs, we also pay for our cloud infrastructure to run it. If your log source is not supported, you're going to have to develop custom parsing. So, you're going to incur that development cost. There is also the normal day-to-day administration cost.

There are additional features that cost more than the standard licensing fees.

The price of Fortinet FortiSIEM was reasonable compared to other solutions. There are many licenses required, such as the MSSP, Agent, and device. For the number of devices that you are monitoring, you need licenses. The license you pay per your usage. When you are onboarding more clients onto it, the license fee is for the usage. Additionally, there's the Windows Agent license that you need. If you use any Windows Agent, you receive a separate license charge.

I have a five-year contract for this product, with no additional costs.

The solution is available for both, perpetual and subscription licenses.

They have a yearly subscription.

The price of Fortinet FortiSIEM is a lot less when compared to other solutions.

The licensing is on an annual basis and calculated on the set up number. Of course, the licensing cost could be less but it's not too bad and is quite nicely priced. With Centreon or Splunk you just pay for the use but if we compare the cost of FortiSIEM with Splunk, it's less than half the price.

All of our customers find the solution expensive. It's not a cheap option. I don't know the exact cost of the solution as I don't directly handle the licensing.

There is a licensing scheme for every case. There are three licensing schemes that we can choose from.

If you are comparing the product to Cisco's solutions, it's very cheap and moderately priced. It's affordable. At the same time, it's a very effective solution. It's affordable and it works well.

The solution is very cost-effective compared to competitors. We just need to pay licensing and support costs. There aren't added costs beyond that.

Pricing is acceptable for more than 90% of our customers, as they normally get discounts.

Licensing is a one time cost. If you want to enable different modules then there will be additional costs.

If we do an overall comparison with other products and also count additional licenses, which are necessary for other products, then the prices are comparative. If we just leave it at base prices, for example, Splunk: Splunk is cheaper, but if you also count the price for licenses, reports, and other things - especially the megabytes and gigabytes of the lock data that you need - then it comes up to a much higher price than you have to pay for FortiSIEM which already includes these things in a base version.

We bought the perpetual license, so we own the product, but there is a three-year support renewal fee for that.