Recently, analyst firm KuppingerCole released the latest iteration of their Leadership Compass report for Privileged Access Management (PAM) in 2020. In the 2020 KuppingerCole Leadership Compass for Privileged Access Management, author Paul Fisher evaluates the strengths and weaknesses of the 24 considered most significant in the market.
The KuppingerCole PAM Leadership Compass 2020 bases its evaluations on each solution’s market position and product innovation. Additionally, analysts also incorporate advisory projects, customer feedback, technical forums, and a detailed questionnaire in their report ratings.
The 24 solution providers named in the KuppingerCole Leadership Compass for Privileged Access Management 2020 include Arcon, BeyondTrust, Broadcom, Centrify, CyberArk, Devolutions, EmpowerID, Fudo Security, Hitachi ID Systems, Krontec, ManageEngine, Micro Focus, One Identity, OnionID, Osirium, Remediant, Sectona, Senhasegura, SSH Communications Security, STEALTHbits Technologies, Systancia, Thycotic, WALLIX, and Xton Technologies.
The editors of Solutions Review read through the KuppingerCole PAM Leadership Compass 2020. We share a few of what we consider the key takeaways from the report.
Key Findings in the KuppingerCole Leadership Compass, Privileged Access Management 2020
According to Fisher, the phenomenal growth of the PAM market stems from several factors including the rise in digital transformation, the shift to the cloud, rising cybercrime, and new compliance regulations. These factors have radically changed the demands on the market.
Originally, only administrators received privileged accounts in enterprise IT environments; after all, IT administrators need access to system accounts to support the business. However, changes in business practices and environments resulted in more non-traditional users with privileged accounts. Therefore, enterprises need privileged access management now more than ever.
In the KuppingerCole Leadership Compass for Privileged Access Management 2020, Fisher lists standard features including credential vaulting, password rotation, controlled elevation, and delegation of privileges. Additionally, he lists more advanced capabilities such as privileged user analytics, risk-based session monitoring, and advanced threat protection.
In fact, the report details nine critical capabilities including single sign-on, session recording and monitoring, and just-in-time (JIT) access.
Leadership in the 2020 PAM Compass Report
Of the 24 vendors included in the KuppingerCole Leadership Compass for PAM 2020, nine received the title of Overall Leader. These include Hitachi ID Systems, One Identity, WALLIX, SSH Communications Security, Broadcom, Centrify, BeyondTrust, Thycotic, and CyberArk.
Fisher notes that the PAM market’s increased competitiveness allows for significant movement in the Compass. Specifically, he cites SSH’s innovation and technology focus as the reason why it moved from Challenger to Leader within the past year. CyberArk received praise for its investment in new PAM features; moreover, Thycotic, BeyondTrust, and Centrify all notably invested in privileged access management product enhancements, leading to their inclusion in the Overall Leaders.
Meanwhile, Broadcom’s acquisition of CA technologies, One Identity’s scalability and ease of use, and Hitachi’s capability improvements all received notice from KuppingerCole. Finally, WALLIX reached the Overall Leaders section of the report through steady product improvement.
How to Learn More
You can download the KuppingerCole Leadership Compass for PAM 2020 here. Also, you can learn more in our Privileged Access Management Buyer’s Guide. We cover the top solution providers and the key capabilities in detail. Be sure to also look at our Identity Management Buyer’s Guide.