The Solutions Review Identity Management 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.
Identity management is rapidly becoming the archstone of enterprise cybersecurity procedures and a major market in the technology field. The reason for this prominence centers on data breaches. Make no mistake: data breaches can absolutely destroy your enterprise, regardless of its size or import.
In fact, even a single data breach could compromise millions of users’ personally identifying information. This can result in huge repercussions felt for years afterward; data breaches tarnish your brand’s reputation and can create a cascading effect of more data exposures or breaches over time.
As such, identity management works to prevent data breaches through strong authentication, enforcing access controls on sensitive databases, and monitoring privileges. It works to improve visibility over your IT infrastructure, devices, and data workflows.
These ten identity management vendors to watch have met at least two of our five points of inclusion and represent to some degree the evolution of the marketplace. It’s in that spirit we turn our attention to the immediate future. Providers are listed in alphabetical order. Provider names and logos are linked so you can learn more.
10 Identity Management Vendors to Watch, 2020
As of 2020, ForgeRock also offers the ForgeRock Identity Cloud platform, aimed at helping protect identities on public cloud, on-premise, or hybrid environments. ForgeRock’s innovative track record and focus on scalability makes it ideal for organizations requiring large solution deployments. It is affordable and has advanced support for IoT when compared to competitors. Additionally, it appeared in the 2019 Gartner Magic Quadrant for Access Management as a Visionary.
One of the major technology providers appearing in the Identity Management Vendors to Watch, 2020, we introduce IBM. IBM appeared in the Gartner 2019 Critical Capabilities for Identity Governance and Administration. Also, it appeared as a Leader in the 2019 Gartner Magic Quadrant for Identity Governance and Administration and in the 2019 Gartner Magic Quadrant for Access Management. Gartner specifically cited their IBM handling of multiple use cases, including B2B and B2C.
Microsoft probably needs little introduction. However, since stepping into the identity management, they continued to innovate their multifactor authentication, device registration, and self-service password management capabilities. In fact, Microsoft works to eliminate passwords altogether. Gartner acknowledged in the Gartner 2019 Magic Quadrant for Access Management. Microsoft was named a Leader in that report, which sets them up for an interesting 2020.
Okta’s lightweight, multi-tenant delivery model is highly scalable; therefore, it is ideal for organizations via identity administration and provisioning. Their new data centers make the company an ideal IDaaS solution for small to mid-sized businesses. They appeared in the Forrester Wave for IDaaS for Enterprise, Q2 2019, as well as a Leader in the Gartner 2019 Magic Quadrant for Access Management. Gartner noted their market responsiveness and extensibility in authentication protocols.
OneLogin works to innovate their SSO, directory, and MFA capabilities. Their support proves highly user-focused, and it deploys well with only minimal adjustments. They recently updated their OneLogin Protect authenticator solution and improved their multifactor authentication to increase their security and customization capabilities. This vendor appeared in the Forrester Wave: IDaaS for Enterprise, Q2 2019, and as a Visionary in the 2019 Gartner Magic Quadrant for Access Management.
Optimal IdM appears on our list of Identity Management Vendors to Watch, 2020 for its services and industry recognition. Its offers of managed services will be of special interest to enterprises in areas with limited cybersecurity talent. Additionally, Optimal IdM received recognition as a Niche Player in the 2019 Gartner Magic Quadrant for Access Management. They also appeared on the PCMag Best Identity Management Solutions List of 2019.
SailPoint’s background as an innovator in identity access and governance makes the company an ideal fit for large organizations seeking comprehensive IGA capabilities. Many enterprises consider their product comprehensive and effective. They appeared in the Gartner 2019 Critical Capabilities for Identity Governance and Administration. Additionally, Gartner named Sailpoint a Leader in the 2019 Gartner Magic Quadrant for Identity Governance and Administration.
SecZetta’s non-employee identity risk and lifecycle platform is a strong choice for any organization looking for a flexible, robust product requiring no specialized skills to maintain and a focus on business process, automation, delegation, and self-service capabilities. In 2019, SecZetta launched a new SaaS-based solution for holistic non-employee identity and lifecycle management: The SecZetta Third-party Identity Risk Solutions Suite. They also raised $10 million in a Series A funding round.
Simeio’s managed service offerings are recommended for enterprises looking to shift the heavy Identity and Access Management workload burden from their IT or security departments. Their managed services are competitively priced and offer a single point of contact for deployment and support, which can be a boon. They specialize in private cloud and hybrid cloud environments. Simeio was named in the ForresterWave: IDaaS for Enterprise, Q2 2019 report.
Tools4ever’s quick deployment and consultant-assisted implementation make the solution a good choice for both small to large-sized companies and enterprises looking to invest in IGA without the perceived headaches. Furthermore, deployments of Tools4Ever do not require much technical knowledge and are considered easy by current customers. They were recognized in the KuppingerCole Access Governance & Intelligence Leadership Compass.
In conclusion, you can learn more about the ten Identity Management Vendors to Watch, 2020 in our updated Identity Management Buyer’s Guide! We cover the top solution providers and key capabilities in detail!
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