I am familiar with the pricing aspect, setup cost, and licensing cost of Splunk SOAR, and it is pretty much similar to what industries are offering these days. We never had any issue when we had to set up this Splunk SOAR platform. We got all the help from the Splunk vendor itself. They had their team members come in and implement all those things. That's where we are running it from the last couple of years.
Information Security Analyst at a healthcare company with 1,001-5,000 employees
Real User
Top 10
Sep 4, 2024
I rate Splunk SOAR two out of 10 for affordability. 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.
The cost is as expected. It can be a bit high, however, we get a better rate between us and our third party. We provide services to clients if they purchase Splunk SOAR which gives them good value.
Staff Security Engineer at a engineering company with 10,001+ employees
Real User
Jul 20, 2023
I have heard they are changing pricing, not possibly for the better. In comparison to the other vendors we looked at, they're all in the same ballpark of what they should be billing on. SOAR makes the most sense out of all of them, in terms of the billing factors.
Cybersecurity Analyst at a energy/utilities company with 10,001+ employees
Real User
Jul 19, 2023
One of the biggest factors that helped the management to decide to switch to Splunk SOAR was its cost. The solution's cost model, Mission Control, and other features make it cost-effective.
Director of Security Engineering and Operations at a legal firm with 1,001-5,000 employees
Real User
May 12, 2023
I don't remember Splunk SOAR's price off the top of my head. Still, I believe it was a solid value because of the time saved, consistent results that are reproducible, integration with multiple systems, etc. The benefits justify the cost.
Solution Architect at a tech vendor with 10,001+ employees
Real User
Feb 23, 2023
While the pricing is high, I don't care as long as the enterprise pays for it. For developers, it is free for 6 months and 500 GBs of ingestion per day. From an enterprise standpoint, I'd rate the pricing ten out of ten as they are doing a great job and we are getting value for what we pay.
Account-Manager at Consist ITU Environmental Software GmbH
Real User
Aug 12, 2022
Usually, you have a yearly license. However, Splunk must be more flexible and they have to be more sensitive about this topic. My understanding is that they're working on a new pricing model.
Deputy Manager at a tech vendor with 10,001+ employees
Real User
Jun 2, 2022
Splunk Phantom follows very flat pricing and most of the time it's very high when compared to the other competitors. They can improve their pricing. The licensing model is a subscription and is consumption-based.
We use a community license. We don't have to pay for any actual licensing. However, the solution, when you have a paid version, is quite costly. That said, in terms of performance, it's worth the extra cost. Also, it's my understanding that everything is included in the licensing cost, once you pay for the product. There aren't any added fees.
Chief Technology Officer at Globalnet Research Corporation
Reseller
Feb 12, 2020
It is a subscription-based licensing model that varies depending on how much data is processed by Spunk. There are built-in volume discounts. There are some additional costs if you want to get some front-end support or installation or setup, which is part of professional services. There are also some modules, such as analytics, that Splunk will provide for an additional fee.
Splunk SOAR offers features like automation and orchestration of manual tasks, speeding up work, detection and response to advanced and emerging threats.
Go from overwhelmed to in-control
Automate manual tasks. Address every alert, every day. Establish repeatable procedures that allow security analysts to stop being reactive and focus on mission-critical objectives to protect your business.
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Orchestrate and automate repetitive tasks, investigation and response to...
I am familiar with the pricing aspect, setup cost, and licensing cost of Splunk SOAR, and it is pretty much similar to what industries are offering these days. We never had any issue when we had to set up this Splunk SOAR platform. We got all the help from the Splunk vendor itself. They had their team members come in and implement all those things. That's where we are running it from the last couple of years.
I don't have experience with costs; management handles that aspect.
The solution is free for us, which is a beneficial aspect.
Splunk SOAR is moderately priced, neither cheap nor overly expensive.
Splunk SOAR is affordable cost-wise only, but not competitive from a technical perspective compared to Palo Alto SOAR and FortiSOAR.
I rate Splunk SOAR two out of 10 for affordability. 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.
The cost is as expected. It can be a bit high, however, we get a better rate between us and our third party. We provide services to clients if they purchase Splunk SOAR which gives them good value.
I found the price of Splunk SOAR to be good.
Everything good comes with a price. The tool is not cheap. However, if we use it to its full potential, it will be beneficial.
The cost is high and the licensing is on an annual basis.
I'm not aware of the exact pricing.
The licensing cost is reasonable.
Splunk SOAR is an expensive solution for an organization of our size. I don't like the solution's licensing model.
I have heard they are changing pricing, not possibly for the better. In comparison to the other vendors we looked at, they're all in the same ballpark of what they should be billing on. SOAR makes the most sense out of all of them, in terms of the billing factors.
One of the biggest factors that helped the management to decide to switch to Splunk SOAR was its cost. The solution's cost model, Mission Control, and other features make it cost-effective.
It's very overpriced because it is based on the number of users. There is no bulk licensing.
I don't remember Splunk SOAR's price off the top of my head. Still, I believe it was a solid value because of the time saved, consistent results that are reproducible, integration with multiple systems, etc. The benefits justify the cost.
The solution’s pricing is costing at some points.
While the pricing is high, I don't care as long as the enterprise pays for it. For developers, it is free for 6 months and 500 GBs of ingestion per day. From an enterprise standpoint, I'd rate the pricing ten out of ten as they are doing a great job and we are getting value for what we pay.
I don't handle the pricing aspect of the product.
Usually, you have a yearly license. However, Splunk must be more flexible and they have to be more sensitive about this topic. My understanding is that they're working on a new pricing model.
Splunk Phantom follows very flat pricing and most of the time it's very high when compared to the other competitors. They can improve their pricing. The licensing model is a subscription and is consumption-based.
The price of Splunk Phantom is reasonable.
I don't know the exact price, but for my region, it is very expensive.
We use a community license. We don't have to pay for any actual licensing. However, the solution, when you have a paid version, is quite costly. That said, in terms of performance, it's worth the extra cost. Also, it's my understanding that everything is included in the licensing cost, once you pay for the product. There aren't any added fees.
The solution is for our clients so we don't deal with the licensing aspect.
It is a subscription-based licensing model that varies depending on how much data is processed by Spunk. There are built-in volume discounts. There are some additional costs if you want to get some front-end support or installation or setup, which is part of professional services. There are also some modules, such as analytics, that Splunk will provide for an additional fee.