SIEM pricing secrets every financial expert must see

Factors Influencing SIEM Pricing

SIEM pricing can be complex, influenced by various factors such as deployment model, data volume, and additional features. On-premises solutions typically involve higher upfront costs but may offer more control over data security. In contrast, cloud-based SIEM solutions often come with subscription models, providing scalability and lower initial investment. The volume of data processed is another critical factor, as many vendors charge based on the amount of data ingested or stored, making it crucial to accurately estimate your needs.