Identity and access management has become a crucial aspect for organizations as they transition more of their critical processes to the cloud. With the adoption of a zero-trust approach to security, the need for robust authentication and authorization has never been greater.
In response to this growing need, the security marketplace offers a variety of identity and access management (IAM) tools and services. The challenge for organizations lies in identifying the specific features that will best suit their needs.
Let’s take a closer look at some of the key players in the IAM tool market and their standout features:
First up is CyberArk, a company known for its privileged access management capabilities. With the acquisition of Conjur in 2017 and Idaptive in 2020, CyberArk has expanded its offerings to include single sign-on, multifactor authentication, and identity lifecycle management, bolstered by AI technology.
Next is Entrust, which has historically focused on encryption, authentication, and digital certificates. The company now offers MFA, SSO, federation, and PAM, with recent acquisitions strengthening its position in the IAM market.
IBM, a long-time player in the identity space, provides strong governance and PAM capabilities through its IBM Security Verify platform. Microsoft offers IAM products primarily through Entra ID, with features like SSO, MFA, conditional access, and identity governance.
Okta stands out for its flexibility, integration, and SSO and MFA capabilities. The acquisition of Auth0 in 2021 has further enhanced Okta’s offerings in customer-focused identity management.
OneLogin, now part of One Identity, specializes in identity governance, access management, PAM, and automation. Ping Identity, owned by Thoma Bravo, excels in SSO, MFA, and federation, with a recent acquisition leading to the development of PingOne DaVinci.
SailPoint Technologies, also owned by Thoma Bravo, is a major player in identity governance and orchestration, offering machine identity, AI-driven governance, and automated IAM risk management. Strivacity, a newer player in the market, focuses on customer identity and access management with a no-code/low-code platform.
When considering IAM tools for your organization, it’s essential to understand your specific use case and the capabilities you require. Features such as authentication, SSO, PAM, automated provisioning, access control, automation, policy management, self-service capabilities, audit and reporting, and federated identity should all be taken into account.
After defining your requirements, it’s crucial to evaluate the capabilities of individual vendors to find the best fit. Keep in mind that the IAM market is constantly evolving, with frequent acquisitions and consolidations shaping the landscape.
In conclusion, as organizations increasingly rely on cloud-based processes, the role of identity and access management becomes even more critical. By choosing the right IAM tools and services, organizations can ensure secure and efficient access to their digital assets.