Maximize Value from SIEM with this TCO Calculator
Security Information and Event Management (SIEM) technology is the foundation of a strong cybersecurity and compliance strategy. The challenge many face is the lack of qualified analysts for in-house SIEM. This is why Co-Managed SIEM is on the rise…it maximizes value and enhances security monitoring capabilities with control and flexibility.
Calculate Co-Managed SIEM vs. Traditional SIEM Total Cost of Ownership
Input your own data into the ROI calculator below to gauge how much you could gain (in capabilities and cost-savings) with Co-Managed SIEM.
Start Here:
Enter your traditional SIEM variables.
1. SIEM Appliance and Agents
SIEM Appliance
$50,000
Endpoint Agent (remote)
$50,000
Endpoint Agent (hardware)
$50,000
Total Cost: SIEM Appliance and Agents
$50,000
2. SIEM Support and Professional Services
Support Service (1 year)
$45,000
Installation Service (1 day)
$6,000
End-User Training (1 user)
$5,000
Total Cost: SIEM Support and Professional Services
$56,000
3. SIEM Administration and Monitoring
System Administration
$50,000
Monitoring and Analysis
$50,000
Total Cost: SIEM Administration and Monitoring
$66,250
Total Cost of Ownership (1 Year)
$0
Results:
Compare your capabilities and savings.
TCO: First Year
| Traditional | Co-Managed | |
|---|---|---|
| CapEx: One-Time Costs | $0 | $11,500 |
| OpEx: Ongoing Costs | $0 | $34,800 |
|
Total Cost for Year 1 |
$0 |
$46,300 |
Co-Managed SIEM saves you 0% in the first year.
TCO: 3-Year Period
| Traditional | Co-Managed | |
|---|---|---|
|
Total Cost for 3-Year Period |
$0 |
$46,300 |
Co-Managed SIEM saves you 0% over 3-year period.
Reduce Cost and Add Value
“Co-Managed SIEM services enable security and risk management leaders to maximize value from SIEM and enhance security monitoring capabilities, while retaining control and flexibility.” says Gartner in its “How and When to Use Co-Managed SIEM” report.
With Co-Managed SIEM, you not only reduce your total cost of ownership significantly, you also gain the following:
- A dedicated Security Operations Center (SOC) for threat intel, monitoring, and forensics
- Disciplined documentation and execution of runbooks and incident-response plans
- Comprehensive expertise across SIEM, IDS, and VAS
- Complete and concise reports, and recurring reviews with management
- Controlled costs (no increases) for three years
- No staffing-related costs like recruiting, hiring, or training