Organizations with existing security information and event management (SIEM) systems may face increasing costs for data ingestion and storage, prompting nearly half to consider replacing or augmenting their current solutions. Elastic offers a modern SIEM alternative with no upfront data ingestion costs and features such as AI-assisted threat protection and real-time investigation capabilities, making it attractive for security teams. Key pain points driving the need for SIEM replacement include high costs, slow investigations, lack of adaptability to evolving threats, limited cloud compatibility, and insufficient user community engagement. Elastic facilitates a smooth migration process while enhancing security operations through its scalable, open platform, as demonstrated by USAA's successful integration, which improved threat detection and investigation speed. The transition to a new SIEM involves maintaining existing systems for compliance while leveraging Elastic's capabilities to modernize security practices, allowing for faster, more effective responses to threats.