Splunk is a powerful platform with a pricing model built for a different era. Keel gives you AI-native log analytics as a flat-price appliance you run inside your own network — with every feature included, your log data staying on infrastructure you own, and the AI model your choice. Here's the honest comparison.
Most teams aren't in the second column for their log analytics workload — they're paying premium SIEM prices for search, dashboards, and alerting. That's the workload Keel replaces, and you can migrate it source by source without touching the rest.
Last reviewed Oct 2026
| Dimension | Keel | Splunk Cloud | Splunk Enterprise (self-hosted) |
|---|---|---|---|
| Pricing model | Flat annual license per appliance, banded by volume. Published prices from $6,000/yr. All features, every tier. | Per-GB ingest or workload pricing — not published, quote only. Independent analyses put effective cost at ≈ $900–$1,100 per GB/day per year before discounts. | Ingest-licensed plus your infrastructure and a platform team to run it. |
| Cost at 50 GB/day | $14,800/yr — Growth plan, everything included. | ≈ $30K–$55K/yr depending on discount (list-price estimate). | License + hardware + FTE time — typically well above Keel all-in. |
| Data sovereignty | By architecture. Your log data stays in your network — ingest, storage, search and dashboards run on infrastructure you own. No phone-home. Air-gap supported and documented. | Your logs live in Splunk's cloud. Regional options exist; the data still leaves your network. | On-prem capable — with a significant deployment and operations footprint. |
| AI capabilities | Native, and your model. Ask Keel anything in plain English (it answers with a result, a chart, or a summary), automatic RCA on incidents, a read-only chat assistant over your runbooks, and an MCP server for your own AI agents. Point it at your own Anthropic, OpenAI or Gemini key, any OpenAI-compatible endpoint, or a local model — for AI, only the context for that request goes to the endpoint you control, or nothing leaves at all in local mode. | AI Assistant add-ons, cloud-delivered. Your queries and context transit Splunk's AI services, on Splunk's model. | Limited. Cloud AI features don't apply to isolated deployments. |
| Deployment | One VM image (OVA / VHDX / QCOW2). Import, boot, guided setup. HA as a 3-node cluster. | None (SaaS) — onboarding and data migration still required. | Multi-tier architecture — indexers, search heads, forwarders, cluster management. |
| Retention | Your disk, your call. No enforced cap, no retention premium. | Tiered and priced. Long compliance retention gets expensive. | Configurable — you manage the storage architecture. |
| Query language | Ask Keel anything. Ask in plain English; Keel answers — a result, a chart, or a summary — and you can save and pin it. Read-only SQL is there for power users. | SPL — powerful, with a real learning curve and hiring dependency. | SPL — same skills dependency. |
| Ingest standards | OpenTelemetry-native — OTLP gRPC/HTTP, syslog, Fluentd, plus AWS/Azure/GCP connectors. | Partial OTel support — forwarder-centric ecosystem. | Partial OTel support — forwarder-centric ecosystem. |
| SIEM / detection content | Alert rules + incident tracking, not a packaged SIEM content library. | Enterprise Security — mature, and priced accordingly ($20–40/GB/day on top). | Enterprise Security available — same premium. |
| App ecosystem | Focused product, webhooks + connectors — no third-party app marketplace. | Splunkbase — thousands of apps. | Splunkbase — thousands of apps. |
Splunk figures are good-faith estimates from published list pricing and independent 2026 analyses — see methodology. Your contract may differ.
Splunk is a mature platform with an ecosystem nobody matches — if your security operation is built on Enterprise Security content and Splunkbase apps, ripping it all out in one quarter is the wrong move. That's why Keel supports gradual, per-source migration: start with the log analytics workload where the savings are immediate, keep anything Splunk still earns, and re-evaluate at each renewal. We'd rather you know the trade-offs before the POC than discover them during it.
Import the VM image and dual-ship one or two log sources via OTLP, syslog, or Fluentd. Your Splunk pipeline is untouched — per-source isolation means adding Keel disrupts nothing.
During the 30-day guided POC, your team runs the same investigations in both tools. Test the natural-language search against SPL, and let automatic RCA handle a few real alerts.
Repoint sources to Keel and reduce your Splunk license band at renewal — or exit entirely. Keep long-tail retention on Keel where disk is cheap and yours.
Full-feature 30-day POC inside your network. Our team deploys it, connects your sources, and walks your engineers through it. No credit card, nothing to cancel.
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