SIEM (Security Information and Event Management) systems are solutions that provide real-time analysis of security alerts generated by applications and network hardware. They collect, store, analyze, and report on log data for incident response, forensics, and regulatory compliance. On the other hand, SOAR (Security Orchestration Automation and Response) platforms allow organizations to collect data about security threats from multiple sources and respond to low-level security events without human assistance. References: Cisco Cybersecurity Operations Fundamentals