Solutions Review’s Privileged Access Vendors to Watch is an annual listing of solution providers we believe are worth monitoring. Companies are commonly included if they demonstrate a product roadmap aligning with our meta-analysis of the marketplace. Other criteria include recent and significant funding, talent acquisition, a disruptive or innovative new technology or product, or inclusion in a major analyst publication.
Who are five Privileged Access Management Vendors to watch in 2020?
As we transition into both the new year as well as the new decade, we need to ask new questions. What does identity and access management look like in the coming year? How can enterprises manage and monitor their privileged users and their workflows? Which capabilities can help ensure the authenticity of privileged users, and that their permissions match their roles in the enterprise?
Of course, next-generation Privileged Access Management (PAM) solutions work to answer all of these questions and more. These solutions aim to enforce the Principle of Least Privileges, monitor privileged sessions, and mandate strong authentication protocols. Since hackers won’t give up on trying to steal privileged credentials in 2020, PAM proves increasingly vital to healthy enterprise functioning; after all, a single compromised privileged credential can compromise your sensitive data, finances, or your entire network.
PAM solution providers continually innovate their products and services to both combat threat actors and workflow inefficiencies. Therefore, to prepare you for the new year, we’ve compiled the five privileged access management vendors to watch in 2020! Here they are, in no particular order:
The Five Privileged Access Management Vendors to Watch in 2020
In its first full year as a pure-PAM provider, Centrify earned a spot as a Privileged Access Management Vendor to Watch in 2020. In the first Gartner 2018 Privileged Access Management Magic Quadrant, they received the title of Leader. Additionally, Centrify appeared in the KuppingerCole PAM Leadership Compass in 2019. Meanwhile, The Forrester Wave: Privileged Identity Management, Q4 2018 named them a Leader. 2020 will see how Centrify keeps up the momentum!
BeyondTrust updated their BeyondTrust Remote Support and introduced fine-grained policy control over privileged access. Additionally, BeyondTrust received recognition as a Leader in the Forrester Wave for Privileged Access Management. Moreover, they appeared in the first Gartner Magic Quadrant for Privileged Access Management as a Leader. In March, BeyondTrust appeared in the Gartner Peer Insights Customer’s Choice for Privileged Access Management solutions.
CyberArk appears in the Privileged Access Management Vendors to Watch in 2020 for good reason; they were named a Leader in the 2018 Forrester Wave Report for PIM. Also, they appeared in the KuppingerCole PAM Leadership Compass 2019 and the Gartner PAM Magic Quadrant. Meanwhile, CyberArk unveiled a comprehensive portfolio of SaaS offerings for privileged access security. The Gartner Peer Insights Customers’ Choice for Privileged Access Management recognized CyberArk.
One Identity had a busy 2019. They appear in the KuppingerCole PAM Leadership Compass 2019 as a Leader. Also, One Identity appeared in the Gartner 2018 Privileged Access Management Magic Quadrant as a Visionary. Their research uncovered the prevalence of “Pass the Hash” attacks, third-party user access issues, and GDPR issues. In 2019, One Identity expanded its Active Directory-Centered Provisioning and Deprovisioning capabilities.
Thycotic was named a Leader in Privileged Identity by Forrester Research. They appeared as a Leader in the KuppingerCole PAM Leadership Compass in 2019 and the PAM Gartner Magic Quadrant report as a Visionary. Additionally, Thycotic appeared in the March 2019 Gartner Peer Insights Customers’ Choice for PAM. Thycotic appeared in the Inc. 5000 for the seventh year in a row. Also, Thycotic launched a privileged service account governance solution this year.
In conclusion, to find out more about the five Privileged Access Management Vendors to watch in 2020, you can check out our 2020 Privileged Access Management Buyer’s Guide. We cover the top vendors and their key capabilities in detail! Check it out here!
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