Our analysts compared Splunk vs IBM Watson Analytics based on data from our 400+ point analysis of Business Analytics Tools, user reviews and our own crowdsourced data from our free software selection platform.
Splunk is a leading platform for analyzing machine data. Gathering this data helps your business analysts recommend process improvements to save money and time. More than that, enterprises rely on it to stay on top of cybersecurity, including data breaches.
Collect process data and let your business analysts peek under the hood and identify risks in advance. Besides data ingestion, transformation, analysis and reporting are built in. Dashboards and reports provide interactive views.
It deploys wherever you need it — in the cloud, on-premise or as part of a hybrid setup. Pricing is complex but flexible and includes term and annual subscriptions.
IBM Watson Analytics is a software platform that leverages artificial intelligence and machine learning to empower businesses with data-driven insights for improved decision-making. It caters to businesses of all sizes and across various industries seeking to enhance their competitive edge. Benefits include optimized decision-making, increased productivity, cost reduction, and improved customer satisfaction. Popular features encompass predictive and prescriptive analytics, natural language processing, and data visualization. Pricing is determined on a per-user basis, taking into account the number of users, features utilized, and the chosen subscription plan. User experiences suggest that IBM Watson Analytics offers a user-friendly interface and robust capabilities, making it a valuable tool for businesses seeking to harness the power of data analytics. However, it's recommended to explore alternative options and consider factors such as pricing, features, and user reviews to determine the best fit for your specific business needs.
among all Business Analytics Tools
Splunk has a 'great' User Satisfaction Rating of 88% when considering 2623 user reviews from 4 recognized software review sites.
IBM Watson Analytics has a 'great' User Satisfaction Rating of 84% when considering 291 user reviews from 3 recognized software review sites.
Splunk is a robust security and incident-monitoring platform for operations support. Event logs, alerts, security management and KPI tracking make it a robust enterprise solution. Search, storage and analysis are its strong points.We referenced online reviews for the past 18 months for this synopsis.About 92% of data workers said its incident review dashboard enables easy system monitoring. The capability to design dashboards with the option to drill down into data is an asset. Some users said they would like to have more visualizations.It garnered high praise for real-time incident monitoring. During our research, an oft-repeated sentiment was that users would not want to revert to previous tools.About 84% of knowledge workers reviewing functionality said the solution had substantial data collection and analysis capabilities. Around 65% of reviewers reported it was easy to use and had a readable log format.About 96% of the users citing pricing said it was costly but praised it for delivering on its promise and worth every penny. It can be complex to learn, and there’s a significant learning curve, according to around 77% of data workers who mentioned adoption.Slow loads and delayed responses were at the top of the minds of around 61% of users when discussing performance. According to Enlyft, mid-sized enterprises form a large chunk of the user base, and understandably so, as its steep price can deter small players.
IBM Watson is an open and multi-cloud platform that helps users automate their AI lifecycle and create powerful models. It is easy to implement and ensures a smooth customer experience through its advanced, intuitive and user-friendly interface. It offers comprehensive integration and reporting capabilities for achieving greater insights. Many reviewers have noted that it works slowly sometimes, affecting overall performance. Also, delayed responses from its customer service team and steep learning curve for beginners can be tedious.
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