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Panther vs Splunk Cloud Platform comparison

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Comparison Buyer's Guide

Executive Summary

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

Panther
Average Rating
8.0
Reviews Sentiment
7.1
Number of Reviews
4
Ranking in other categories
Security Information and Event Management (SIEM) (36th), AI Data Analysis (29th)
Splunk Cloud Platform
Average Rating
8.4
Reviews Sentiment
5.6
Number of Reviews
114
Ranking in other categories
Data Visualization (3rd), IT Alerting and Incident Management (3rd)
 

Mindshare comparison

Panther and Splunk Cloud Platform aren’t in the same category and serve different purposes. Panther is designed for Security Information and Event Management (SIEM) and holds a mindshare of 1.0%, up 0.4% compared to last year.
Splunk Cloud Platform, on the other hand, focuses on Data Visualization, holds 1.1% mindshare, down 1.1% since last year.
Security Information and Event Management (SIEM) Mindshare Distribution
ProductMindshare (%)
Panther1.0%
Splunk Enterprise Security8.0%
IBM Security QRadar5.6%
Other85.4%
Security Information and Event Management (SIEM)
Data Visualization Mindshare Distribution
ProductMindshare (%)
Splunk Cloud Platform1.1%
Tableau Enterprise9.5%
Qlik Sense4.7%
Other84.7%
Data Visualization
 

Featured Reviews

Narendran Nair - PeerSpot reviewer
Product Security Engineer at Infoblox
AI triage has streamlined real-time alert monitoring and has improved on-call incident response
The best features Panther offers are AI Triage, the ability to comment on our activities, and seamless integration with other communication sources such as PagerDuty, Microsoft Teams, and potentially Slack, showcasing the flexibility we have in using this tool. The most valuable feature for my team is definitely AI Triage, which helps save a lot of time by eliminating the need for manual research regarding patterns that may be repeated, making our work easier and more efficient. Panther has positively impacted my organization as it serves as one of the main sources for triaging real-time incidents. Panther definitely plays a key role in the work that we do. Specific outcomes that show how Panther has helped our organization include saving a lot of time, especially since the AI Triage feature reduces the necessity to reach out to others for clarity, which it occasionally accomplishes on its own. To be honest, it does lack some aspects. For example, if it could access our organizational knowledge, including the Jira database, it might better analyze incidents and determine whether they are false positives or not by using more contextual data.
reviewer2805510 - PeerSpot reviewer
Partner Account Manager at a wholesaler/distributor with 51-200 employees
Unified log analytics has transformed security monitoring and cuts breach detection to minutes
Splunk Cloud Platform has areas for improvement, including the fact that it is obviously an enterprise tool and can be expensive, which is the biggest complaint I have noted. Costs can rise due to high data ingestion and long retention periods, along with a complex licensing structure that makes pricing difficult to predict as usage grows, especially since more systems send logs. There are also performance concerns at scale where users have reported slower searches and expensive long-term storage needs, particularly in multi-terabyte environments. Additionally, operational complexity exists as enterprises still need to do data onboarding, create dashboards, handle retention policies, access control, and performance tuning. These are the three key areas of improvement I have identified.

Quotes from Members

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

Pros

"The AI Triage feature saves a considerable amount of time, and if it were to incorporate organizational knowledge, it could provide finer-tuned results."
"Panther positively impacts my organization as it is the first point of response for any incident, giving a reviewer full clarity about what is happening, how it is happening, and where it is happening."
"We have seen a return on investment measured primarily through SOC efficiency and productivity improvements, with teams observing a twenty to thirty-five percent improvement in investigation efficiency depending on the environment and product maturity."
"I find Panther's detection capabilities and integrations to be highly valuable."
"Their promise to users is scalability and availability."
"Splunk Cloud Platform is the easiest solution we found; every time we worked with Splunk and other IBM solutions, it proved to be reliable."
"The most valuable feature is we don't have to deal with any back-end server maintenance because the solution is cloud-based."
"For my purposes, I like the ability to aggregate lots of data from different sources. I like being able to report for management and being able to get alerts on thresholds being out of sync."
"Splunk Cloud Platform's visibility into multiple environments offers excellent monitoring capabilities, whether I am using it in the cloud, on-premises, or in hybrid environments."
"Splunk Cloud Platform has positively impacted my organization because earlier we were an on-premise enterprise having issues with availability and management, and the cloud platform has made availability much better, and customers love the experience as it is very quick and responsive."
"I have done health checks several times now, and those have been very valuable in getting more information about what is going on in my platform. There are also recommendations on what is going on in my environment."
"Previously when in our company, we had logs everywhere on multiple systems, it was a really big pain for me trying to find what I wanted. Now that it is all aggregated and centralized in one place with one interface, it is just a lot easier to get the information that I need."
 

Cons

"Regarding Panther's accuracy and reliability of output, I would rate it at 70 percent since, at times, it identifies findings as valid when they may actually be false positives, which we have experienced in a few cases."
"The user experience could be improved because whenever I want to investigate the data, too much data is shown in the UI."
"The solution could be improved by providing more built-in integrations, which would reduce the need for me to build them myself."
"The main drawbacks of Splunk Cloud Platform include that while it removes the infrastructure management overhead, it has limitations such as volume growth becoming expensive."
"They can offer more self-service capability to their customers. Currently, most of the things happen behind the Splunk Cloud Platform. As a customer, I do not have an opportunity to see my platform. If they can offer more self-service to see the health of my endpoints and stack, it would be appreciated."
"Support is the bigger issue when we have a problem. When we need their help, it takes weeks or months to actually get resolved."
"When it comes to the integrations with the other platforms, there is a little bit of a lag in the observability part, making it an area where improvements are required."
"The Splunk Cloud Platform deployment process could be improved to reduce the time required."
"However, there is one issue: when our storage limit is crossed, they directly charge higher."
"More guardrails can be implemented, and workload management can be improved in Splunk Cloud Platform."
"I have not come across anything that I would consider missing as such. If anything, sometimes we have dashboards that would not go into the dark mode. It is a minor issue, but it is the only thing that I wish was there. The dark mode would definitely help."
 

Pricing and Cost Advice

Information not available
"The licensing costs depend on the state of your environment and the fees are paid on a monthly basis."
"I do not personally deal with that side, but from discussions, I know that it is one of the more expensive tools. I do not have anything to compare it with."
"The pricing was negotiated through Trustwave and for our first contract in three years, we got a good deal."
"Splunk Cloud Platform is more expensive than some of its competitors, but it offers a wider range of features."
"We were involved in the renewal process, and our organization does reviews of all our partnerships that we have every two to three years to ensure they are meeting our needs, there isn't a better solution out there, and we won't save money by going somewhere else."
"Currently, we have the ingest-based license. They are offering SVC-based licenses as well, but I am not a fan of SVC-based licensing. At the end of the day, I want to predict my budget and how much I am going to pay to the vendor so that I can plan my yearly budget."
"Splunk Cloud Platform fell within our budget so we pulled the trigger and implemented it."
"It is not that expensive."
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Top Industries

By visitors reading reviews
Manufacturing Company
15%
Construction Company
13%
Financial Services Firm
8%
Comms Service Provider
8%
Financial Services Firm
15%
Manufacturing Company
12%
Outsourcing Company
8%
Construction Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business38
Midsize Enterprise17
Large Enterprise82
 

Questions from the Community

What is your experience regarding pricing and costs for Panther?
I am not aware of the pricing, setup cost, and licensing details, as I handle the usage of Panther and not the setup process.
What needs improvement with Panther?
The user experience could be improved because whenever I want to investigate the data, too much data is shown in the UI. I understand Panther wants to show everything, but the UX can be improved by...
What is your primary use case for Panther?
My main use case for Panther is as a SIEM solution. I use Panther as a SIEM solution in my day-to-day work by integrating it with GuardDuty and CloudTrail and a couple of other product-related log ...
What is your experience regarding pricing and costs for Splunk Cloud Platform?
My experience with pricing, setup costs, and licensing has been very good, as we did not face any issues. We're receiving all the needed support from the start.
What needs improvement with Splunk Cloud Platform?
More guardrails can be implemented, and workload management can be improved in Splunk Cloud Platform. Ad hoc searches are still being executed with index equal to star, which reveals opportunities ...
What is your primary use case for Splunk Cloud Platform?
Splunk Cloud Platform serves as our primary observability solution, focusing on monitoring logs, metrics, and traces for our systems. We primarily use Splunk Cloud Platform for log monitoring by se...
 

Overview

 

Sample Customers

Docker, Loom, Discord, Dropbox, HubSpot, Asana, GoFundMe, Zapier, Benchling, JupiterOne, Jumio, Bitstamp, Intercom, Randori, and Cedar
Mindtouch
Find out what your peers are saying about Splunk, IBM, Microsoft and others in Security Information and Event Management (SIEM). Updated: October 2026.
917,403 professionals have used our research since 2012.