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aegis · · 12 min read

SaaS SIEM vs on-premise TCO: 200 servers and 10k events/sec, 3-year numbers

Datadog, Splunk Cloud, Sentinel — or an open-source on-prem stack. For a 200-server estate producing 10k events/sec, the financial comparison over 3 years with hidden costs included.

CAI Technology · Last reviewed: 4/30/2026
SaaS SIEM vs on-premise TCO: 200 servers and 10k events/sec, 3-year numbers

SaaS SIEM vs on-premise TCO: 200 servers and 10k events/sec, 3-year numbers

TL;DR

The SIEM decision is one of the largest IT acquisitions for a mid-market. Getting it wrong costs 200-400K EUR over 3 years and — worse — saddles you with lock-in that is hard to break. This article quantifies the real TCO for the typical profile of an active mid-market — 200 servers, 10k events/sec, 12-month retention.

Comparison profile

Common setup for the numbers:

We address four options:

  1. Datadog Cloud SIEM (US-headquartered SaaS).
  2. Splunk Cloud (US-headquartered SaaS, now Cisco).
  3. Microsoft Sentinel (SaaS on Azure, EU regions available).
  4. On-premise open-source stack — Graylog + Wazuh + Prometheus + Suricata + Zeek, as in AEGIS.

Datadog Cloud SIEM — 3-year TCO

Datadog uses two pricing schemes:

Typical 2026 numbers:

3-year calculation:

Datadog 3-year total: ~600,000 EUR (550,000 USD + 90K EUR personnel).

Additional hidden costs:

Splunk Cloud — 3-year TCO

Splunk Cloud has per-GB ingestion or per-workload pricing. For 200 GB/day:

Typical 2026 numbers:

3-year calculation:

Splunk Cloud 3-year total: ~800,000 EUR (740,000 USD + 150K EUR personnel).

Hidden costs:

Microsoft Sentinel — 3-year TCO

Sentinel is Microsoft’s SIEM on Azure, with native integration to Microsoft 365, Defender, Entra ID. Pricing per GB ingested into Log Analytics.

Typical 2026 numbers:

3-year calculation:

Sentinel 3-year total: ~1,020,000 EUR (~990K USD + 120K EUR personnel).

Sentinel can be more efficient if you already use Microsoft 365 E5 (Defender included, Microsoft logs are “free” in Sentinel). For a greenfield client it is the most expensive option.

Hidden costs:

On-premise open-source stack — 3-year TCO

AEGIS stack — Graylog + OpenSearch + MongoDB + Wazuh + Prometheus + Grafana + Suricata + Zeek + local LLM.

Hardware (CapEx year 1):

Software: 0 EUR. The whole stack is open-source (Apache 2.0, AGPL, BSD, SSPL for Graylog Open).

Operational (annual OpEx):

3-year calculation:

On-premise 3-year total: ~150,000-300,000 EUR.

With minimalist setup (mature internal team, no consulting, existing hardware): can drop to 80-150K EUR.

Direct comparison

Option3-year TCOSchrems IILock-inPredictabilityInternal effort
Datadog~600K EURYes, US vendorHighMedium (+20%/yr renewal)Low
Splunk Cloud~800K EURYes, US vendorHighMediumLow
Sentinel~1,020K EURMedium (US sub-proc)HighMediumLow
On-premise~80-300K EURNoLowHighMedium

Hidden costs that do not show up in the calculation

SaaS — renewal surprises. After 12-24 months, the vendor asks for a price increase (15-40%). Negotiation consumes time. Migration to another vendor consumes 6-12 months. You are practically captive.

SaaS — egress equals log volume. With 200 GB/day of logs sent to the vendor, you are at 73 TB/year uploaded. At cloud egress of 0.05-0.10 USD/GB, that is 4-7K USD/year just for bandwidth.

SaaS — Schrems II disclosure. For regulated EU clients (NIS2, financial, legal, public sector), using a US-headquartered SIEM requires a DPIA, additional safeguards, or accepting legal risk. See Why not Auth0 — Schrems II for details.

On-premise — internal capability. Requires 0.5-1 part-time FTE. For an SMB without existing SecOps, it can be a blocker. Partial outsourcing (managed AEGIS) is an option.

On-premise — migration window. Initial setup is 4-12 weeks. During that period, the old system must run in parallel. Dual cost in months 2-3.

Decision per profile

Tech startup, no strict compliance, small internal capability: SaaS justified. Datadog optimal for combined observability + SIEM. Accept the cost if zero-to-value time is critical.

Mid-market, 100-300 server estate, moderate compliance: Mixed decision. For the largest segment, on-premise produces clear ROI past 18 months. Sentinel justified only if you are already full Microsoft 365 E5.

Regulated mid-market, NIS2 critical, financial/legal: On-premise predominantly. US SaaS fails Schrems II. Sentinel with EU regions is marginally acceptable but high lock-in.

Mature enterprise, mature threat hunting, large internal capability: On-premise for sensitive data + SaaS for cross-org correlation. Hybrid is feasible.

Non-financial arguments

Cost is not the only factor. For regulated organizations, data sovereignty and internal control of the SecOps stack can matter more than the TCO difference.

Sovereignty. Logs remain physically in the client’s infrastructure. No dependency on geopolitics, on vendor term changes, on supplier outage.

Auditability. Open-source = open source code. Auditors can verify exactly what the stack does. SaaS = black box treated with trust.

Adaptability. Custom rules, custom parsers, exotic integrations. On-premise allows it. SaaS allows less.

Internal capability. The team gains transferable expertise. With SaaS, expertise is product-bound.

Next steps

For a 4-8 hour workshop with CFO + CTO to compute TCO specific to your organization, see AEGIS or write to contact. The detailed calculation requires concrete data on log volume, retention, existing hardware profile.

Related: Graylog vs Splunk for SMBs · On-premise SIEM with a local LLM · Why not Auth0 — Schrems II.

References

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