The pricing of Securonix Next-Gen SIEM is reasonable, especially considering the package they provide. If we went with the same package with another vendor, it would be significantly more expensive. It’s value for money.
Pricing of the solution is an aspect that depends on a customer's budget. Sometimes the price fits a customer's budget. At times, the solution's price becomes a huge burden on the customer. A yearly payment has to be made toward the solution's licensing costs. Additional costs other than the solution's licensing costs are for the installation and support. I rate the pricing an eight on a scale of one to ten, where one is cheap, and ten is very expensive. It is a pretty expensive tool.
Sr.Vice President & Head - Global Cybersecurity Business at Tech Mahindra Limited
Real User
Top 10
2023-07-11T13:45:41Z
Jul 11, 2023
Compared to other known brands in the industry, the overall cost of the licenses is a bit higher than what customers expect. We have segmented Securonix as a platform for high-end customers, large banks and hospitals. The product is not suitable for mid-tier customers. There are no hidden costs. The product has a transparent policy. The cost of the platform could depend on the number of users. There could be one price for one user per month. It is typically how all such platforms are priced. The pricing can also be done based on data usage. It would depend on how much data we are processing and managing.
Cyber Intelligence Supervisor at a tech services company with 201-500 employees
Real User
2022-09-29T10:15:00Z
Sep 29, 2022
The pricing is good, but by adding more things, the licensing becomes more complex because an EPS license fluctuates a lot. This licensing concept is going to be problematic in the long run.
Head of Cybersecurity at a tech services company with 11-50 employees
Real User
2022-09-29T06:58:00Z
Sep 29, 2022
The pricing is fine compared to the market but I think that at some point the competitors will catch up on price. It would be good if, for example, there were an option to offer customers who have used the solution for more than a year some kind of additional trial or service. There is no cost outside of the standard licensing fee, other than an initial installation service charge. Otherwise, there is simply a monthly cost for the service.
SOC Leader at a tech consulting company with 51-200 employees
Real User
2022-07-31T01:52:00Z
Jul 31, 2022
Its price is fine. We found it to be cheaper than LogRhythm, Exabeam, Splunk, as well as Elastic Security. A few months ago, when we were comparing Securonix with Elastic Security, we found Securonix to be cheaper than Elasticsearch. We were pretty surprised that Elastic Security is more expensive than Securonix because Elasticsearch is just starting, and it cannot compete with Securonix at this time. So, the pricing of Securonix is pretty good for now.
Its pricing is quite similar to others and is very competitive. The other solutions have different types of licensing, but when you do the math, it is competitive.
Cyber Security Analyst at a retailer with 10,001+ employees
Real User
2022-07-25T12:13:00Z
Jul 25, 2022
I had heard that it was much cheaper than Splunk and some of the other tools, and they gave us a nice package with support. They accommodated the number of users and support very well.
Lead Security Engineer at a tech services company with 1-10 employees
Reseller
2021-10-12T17:10:00Z
Oct 12, 2021
Compared to the pricing of other products, Securonix's pricing is pretty good. Clients can get half of the price of other companies by going with Securonix. Other products, like IBM and Splunk, have pretty high pricing. Nowadays, we see CrowdStrike as up and coming, and they are pretty expensive. Pricing does depend on what model you are looking for, e.g., are you going for an MSP or single tenant?
Securonix Next-Gen SIEM is a security information and event management solution designed to provide advanced threat detection, response, and compliance capabilities. It leverages machine learning and big data analytics to offer a comprehensive security platform for modern enterprises.
Securonix Next-Gen SIEM utilizes advanced analytics and machine learning to detect complex threats that traditional SIEM solutions might miss. Its architecture is built on Hadoop, enabling scalability and the...
The pricing of Securonix Next-Gen SIEM is reasonable, especially considering the package they provide. If we went with the same package with another vendor, it would be significantly more expensive. It’s value for money.
The solution's price is double the competitors.
Pricing of the solution is an aspect that depends on a customer's budget. Sometimes the price fits a customer's budget. At times, the solution's price becomes a huge burden on the customer. A yearly payment has to be made toward the solution's licensing costs. Additional costs other than the solution's licensing costs are for the installation and support. I rate the pricing an eight on a scale of one to ten, where one is cheap, and ten is very expensive. It is a pretty expensive tool.
Compared to other known brands in the industry, the overall cost of the licenses is a bit higher than what customers expect. We have segmented Securonix as a platform for high-end customers, large banks and hospitals. The product is not suitable for mid-tier customers. There are no hidden costs. The product has a transparent policy. The cost of the platform could depend on the number of users. There could be one price for one user per month. It is typically how all such platforms are priced. The pricing can also be done based on data usage. It would depend on how much data we are processing and managing.
The pricing is good, but by adding more things, the licensing becomes more complex because an EPS license fluctuates a lot. This licensing concept is going to be problematic in the long run.
Compared to other brands it seems more affordable to us. There are no costs in addition to the standard licensing fees.
The pricing is fine compared to the market but I think that at some point the competitors will catch up on price. It would be good if, for example, there were an option to offer customers who have used the solution for more than a year some kind of additional trial or service. There is no cost outside of the standard licensing fee, other than an initial installation service charge. Otherwise, there is simply a monthly cost for the service.
Its price is fine. We found it to be cheaper than LogRhythm, Exabeam, Splunk, as well as Elastic Security. A few months ago, when we were comparing Securonix with Elastic Security, we found Securonix to be cheaper than Elasticsearch. We were pretty surprised that Elastic Security is more expensive than Securonix because Elasticsearch is just starting, and it cannot compete with Securonix at this time. So, the pricing of Securonix is pretty good for now.
Its pricing is quite similar to others and is very competitive. The other solutions have different types of licensing, but when you do the math, it is competitive.
I had heard that it was much cheaper than Splunk and some of the other tools, and they gave us a nice package with support. They accommodated the number of users and support very well.
Compared to the pricing of other products, Securonix's pricing is pretty good. Clients can get half of the price of other companies by going with Securonix. Other products, like IBM and Splunk, have pretty high pricing. Nowadays, we see CrowdStrike as up and coming, and they are pretty expensive. Pricing does depend on what model you are looking for, e.g., are you going for an MSP or single tenant?
I cannot comment on pricing as this is not within my purview.
We did not pay a licensing fee. We moved away from the solution.