Our analysts compared Splunk vs Panoply 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.
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.
Panoply has a 'great' User Satisfaction Rating of 88% when considering 104 user reviews from 5 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.
Panoply is a unified data warehouse solution that enables automated data analytics by giving users greater visibility into data pipeline processes and trend forecasting. The solution is easy to deploy, requiring minimal technical skills, as said by all users who reviewed ease of implementation. All users who mentioned its AI-powered analytic capabilities said that, with effective ETL querying, the tool combines data from a multitude of sources to provide game-changing business insights. A majority of users who reviewed functionality said that, with a strong ETL engine, the platform is versatile and delivers maximum performance, though some users said that its features are not as ubiquitous as other data management tools. On the flip side, 50% of users who discussed the interface said that it is not very user-friendly and needs more features. Some users said that, since the platform has limited report generation functionality, they are forced to export data to third-party tools to enhance visualizations. Quite a few users who reviewed its pricing said that a good amount of necessary third-party integrations add to the overall cost. In summary, Panoply is a smart data analytics solution that automates data collection and querying, giving management clearer insight into the data analytics process for better decision making, though it might not be a good fit for companies with more complex data structures.
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