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Government · head to head

Periscope Holdings vs Splunk Enterprise Security

Periscope Holdings logo

Periscope Holdings

Government

Statewide e-procurement systems and supplier networks for large public agencies

From
On request
Free plan
No
Full reviewWebsite
Splunk Enterprise Security logo

Splunk Enterprise Security

Cybersecurity

The platform for operational intelligence

From
On request
Free plan
No
Full reviewWebsite

The short version

  • Each has a real cost: Periscope Holdings it is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.; Splunk Enterprise Security splunk Enterprise Security is licensed separately from the Splunk platform, so a SIEM deployment needs both
  • They diverge on capability: Periscope Holdings covers Sealed bid solicitation, Splunk Enterprise Security covers Security monitoring.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Periscope Holdings and Splunk Enterprise Security actually diverge.

Attributes where Periscope Holdings and Splunk Enterprise Security differ
AttributePeriscope HoldingsSplunk Enterprise Security
Pricing modelquotesubscription
PlatformsWebWeb, Api
CategoryGovernmentCybersecurity
FoundedUnknown2003

Identical on both: starting price (On request), free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Periscope Holdings

  • Sealed bid solicitation
  • Supplier registration network
  • Contract catalogues
  • Cooperative purchasing
  • Spend and compliance reporting
  • Supplier diversity tracking

Only in Splunk Enterprise Security

  • Security monitoring
  • Incident review
  • Risk-based alerting
  • Threat intelligence
  • Investigation workbench
  • MITRE ATT&CK mapping
  • Automated response
  • Compliance reporting

What people use each for

The jobs each tool is most often brought in to do.

Periscope Holdings

  • A state building a central procurement portal serving many agencies and local entitiesnot Splunk Enterprise Security
  • A large agency needing statutory sealed bidding with a public opening recordnot Splunk Enterprise Security
  • A purchasing programme that must report spend and supplier diversity across entitiesnot Splunk Enterprise Security
  • A state wanting local governments to buy from its awarded cooperative contractsnot Splunk Enterprise Security

Splunk Enterprise Security

  • Running a security operations centre on Splunk indexed log datanot Periscope Holdings
  • Correlation searches, risk based alerting and incident investigationnot Periscope Holdings
  • Compliance reporting from pooled security telemetrynot Periscope Holdings

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Periscope Holdings

  • It is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.
  • The interface reflects the age and regulatory weight of the platform, and suppliers routinely describe registration and bidding as harder than on newer portals, which can suppress bid response.
  • Ownership has changed twice since 2021, from independent to mdf commerce to KKR, so roadmap and support continuity should be written into the contract rather than assumed.
  • Sibling products inside mdf commerce cover adjacent procurement ground, which means an apparently competitive shortlist may contain two products with the same owner.
  • Statewide implementations are multi year projects with heavy configuration and change management, and the professional services cost commonly exceeds the software over the contract term.

Splunk Enterprise Security

  • Splunk Enterprise Security is licensed separately from the Splunk platform, so a SIEM deployment needs both
  • Splunk publishes no rate for Enterprise Security and directs buyers to contact a pricing expert
  • UEBA, SOAR and automated threat analysis require the Premier edition rather than Essentials
  • The platform underneath can be billed by ingest volume, workload or activity, so the total cost depends on a pricing model chosen at contract time rather than a list price

Pricing, plan by plan

Periscope Holdings

On request
  • BuySpeed$undefined/year
    • Quoted per programme, scaled to entities served and transaction volume
    • Multi year statewide contracts with implementation priced separately
    • Supplier side registration fees form part of the commercial model on some programmes

Splunk Enterprise Security

On request
  • Workload PricingFree
    • Pay per compute
    • Flexible scaling
    • All features
  • Ingest PricingFree
    • Pay per GB ingested
    • Predictable costs
    • All features
  • Entity PricingFree
    • Pay per monitored entity
    • Security focused
    • All features

Which should you pick?

Choose Periscope Holdings if

  • You need sealed bid solicitation.
  • You also want supplier registration network.
Periscope Holdings review

Choose Splunk Enterprise Security if

  • You need security monitoring.
  • You work on Web, Api.
  • You also want incident review.
Splunk Enterprise Security review

Questions people ask

Is Periscope Holdings or Splunk Enterprise Security better?
Neither clearly leads. Periscope Holdings starts at On request and Splunk Enterprise Security at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Periscope Holdings or Splunk Enterprise Security?
Periscope Holdings starts at On request and Splunk Enterprise Security at On request.
Does Periscope Holdings or Splunk Enterprise Security run on more platforms?
Periscope Holdings runs on Web. Splunk Enterprise Security runs on Web, Api.
What is Periscope Holdings best used for?
Periscope Holdings is most often used for a state building a central procurement portal serving many agencies and local entities, a large agency needing statutory sealed bidding with a public opening record, a purchasing programme that must report spend and supplier diversity across entities, a state wanting local governments to buy from its awarded cooperative contracts. Of those, a state building a central procurement portal serving many agencies and local entities and a large agency needing statutory sealed bidding with a public opening record are not what Splunk Enterprise Security is typically brought in for.
What can Periscope Holdings do that Splunk Enterprise Security cannot?
Periscope Holdings covers Sealed bid solicitation, Supplier registration network, Contract catalogues, Cooperative purchasing. Splunk Enterprise Security covers Security monitoring, Incident review, Risk-based alerting, Threat intelligence.

Answered from the vendors’ own pages

Periscope Holdings: Who owns Periscope Holdings?

mdf commerce acquired it in 2021, and mdf commerce was itself acquired by KKR in 2024.

Splunk Enterprise Security: How much does Splunk Enterprise Security cost?

Splunk Enterprise Security pricing is not published. The product is available in Essentials Edition with threat detection, investigation, and response capabilities, and Premier Edition with UEBA, SOAR, and Automated Threat Analysis. Customers must contact Splunk sales for pricing quotes on either edition.

Source
Periscope Holdings: Is it suitable for a single city?

Usually not. It is built and priced for statewide or very large agency programmes.

Splunk Enterprise Security: What editions of Splunk Enterprise Security are available?

Splunk Enterprise Security offers Essentials Edition with threat detection, investigation, and response capabilities, and Premier Edition which adds UEBA (User and Entity Behavior Analytics), SOAR (Security Orchestration, Automation and Response), and Automated Threat Analysis.

Source
Periscope Holdings: What is BuySpeed?

The e-procurement platform behind its statewide deployments, covering solicitation through catalogue ordering and reporting.

Periscope Holdings: Can we see what a state paid?

Yes. State procurement awards are public records and typically disclose the full multi year contract value.

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