What is Identity and Access Management?
Identity and Access Management is a business security framework that’s designed for multi perimeter environments to protect and monitor user access. It helps users in managing digital identities, which are scattered both inside and outside enterprises. Identity and access management software manages user access to information and applications across enterprises by undertaking security and risk considerations. These IAM software allow organizations to create, store, delete, and maintain user identities and their related access permissions automatically.
What drives the adoption of Identity and Access Management solution?
Varied technological environments, strict compliance, and increasing digital identities across enterprises are fueling the need for deployment of IAM software. Enterprises manage their identity management costs and become agile by adopting identity & access management competencies.
What is the use of IAM Software?
IAM software technology is used to initiate, capture, manage, and record user identities. It also provides an organization’s staff with permissible access to various enterprise resources. Identity & access management can be described as the management of individual identities, their authorization, and provision of access based on predefined rules. Previously, IAM software was primarily used for providing companies with support to access management and access-related compliance needs. Which was why, organizations back then, struggled to meet the compliance demands, and were able to deploy solutions which were limited only to a few applications and systems.
Nowadays, organizations adopt risk-driven approach and they provide logical access controls. Also, growing emphasis of compliance management and increasing trend of mobility are driving the demand for Identity and Access Management Software in various sectors. Moreover, there has been a rise in the Bring Your Own Device (BYOD) approach, which has led to an increase in workforce adopting mobility.
360Quadrants recognizes the below-listed companies as the best IAM software
Who are the top 10 IAM players?
- Okta
- IBM corporation
- Oracle
- Hitachi
- Onelogin
- Dell inc
- Microsoft corporation
- Beyondtrust
- Rsa securid
- Salesforce
Visionary leaders are the leading identity and access management (IAM) market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally under the best Identity and access management software category. Visionary leaders primarily focused on acquiring the leading market position through their strong financial capabilities and their well-established brand equity. Some of the visionary leaders in the IAM Software market are IBM Corporation, Oracle, Hitachi and Microsoft Corporation etc.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product under best identity and access management software category. Some of the dynamic differentiators in the IAM market are Avatier and Cyberark.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. These best Identity and Access Management software companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders. Some of the innovators in the IAM market are MicroFocus, SAP SE, Kaseya etc.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors in identity and access management software category include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market. Emerging companies in the IAM software market are Watchguard Technologies and Broadcom Limited.
Key Benefits of IAM Systems
- Enhances User Experience - Single Sign on (SSO) does not require the users to recall and input various passwords to gain access to the system. With the help of SSO, users can automatically login every time they move to another connected system.
- Password management - IAM software allows organizations to spread their SSO competences to SaaS, cloud-based, web-based, and virtual applications. SSO has the ability to combine password management across various domains and attribute-sharing values and protocols.
- Boost Security Profile - IAM software has the ability to validate and approve users based on their access level specified in their directory profiles. IAM solution also manage user access using other aspects to precise roles of the system.
- Progressive Anomalies Monitoring - Recent IAM software solutions embrace technologies such as machine learning, artificial intelligence, and risk-based authentication, to recognize and restrict any kind of strange activity.
What are the key features to look at while buying an IAM solution?
Managing identities and credentials for enterprise resources & information, and efficiently facilitating access management are the critical challenges faced by several organizations across various industry verticals globally. Organizations should be looking at the following features, while shortlisting an IAM Software.- Provisioning - Provisioning provides employees, partners, clients, and other stakeholders with identity manageability features to access resources present on-premises or through cloud. It guarantees that the users can access all the necessary applications and network resources. These solutions manage automated provisioning and de-provisioning of computing resources.
- Directory Services - A directory is a term used for storage and management of identity information and its credentials. IAM solution directory services enable departmental access to corporate services and business resources, which bring together resources, users, access, networks, and access points. This enables high-speed access to identity information by mission-critical systems and applications.
- Single Sign-on - Single Sign-On (SSO) in IAM automates and integrates the functions of IAM processes. It comprises Web and Federated Single Sign-On, and Enterprise Single Sign-On (E-SSO). Single Sign-On (SSO) is a form of authentication, which allows users access to multiple computer platforms or applications present on-premises of an organization or through cloud by logging in only once. SSO allows end users to login using one single set of credentials by eliminating the need to remember passwords.
- Advanced Authentication - Advanced authentication uses two factors for authenticating that include password and biometric. It is a scalable and flexible solution that incorporates both, risk-based authentication and strong authentication. It includes software revenues from technologies used for biometric recognition of identities, smart cards software, and two, three, & multifactor authentications.
- Password Management - Password management applications enable end users to reset passwords, which significantly alleviate the help desk workload to address password reset requests. Furthermore, these applications ensure enhanced security by implementing strong password policies.
- Audit, Compliance, and Governance - Auditing and user activity monitoring (including privileged and non-privileged users) is an important part of the IAM process. It includes events and activities associated with identities or resources, which are logged into a centralized repository. These IAM solutions provide comprehensive support for auditing, including re-certification, and central analysis of identity-related audit data.
What are the options to deploy IAM solution?
On the basis of deployment type, the best identity management market has been segmented into on-premises and cloud.
Cloud
- Cloud or hosted solutions are Software-as-a-Service (SaaS) provided by service providers. Cloud computing services convert fixed cost to variable cost, as customers have to pay according to the services they utilize.
- Cloud revenue management solutions are available according to a customer’s demand, wherein they can start or stop any service at will. This provides flexibility to organizations to adjust to the dynamic environment.
- There has been an upward trend in the deployment of cloud-based solutions. The advantages of cloud deployment are reduced physical infrastructure, low maintenance cost, and 24×7 data accessibility from anytime, anywhere.
- Cloud-based solutions also support real-time visibility of data for employees, enabling organizations to communicate with different departments before, during, and after each appointment.
On-Premises
- On-premises solutions are installed and hosted in an organization’s own IT infrastructure and are managed by their internal IT staff. On-premises deployment is a traditional way of implementing identity & access management solutions.
- Organizations, where user credentials are critical for business operations, usually follow this approach as the information is moderately safe from external attacks, since systems are held internally by the organization.
- As on-premises solutions typically involve procurement of dedicated hardware, software license, and annual support and maintenance fees, this mode of deployment is popular across large-sized enterprises.
- Security concerns associated with the confidential data of customers is also a crucial factor for on-premises deployment.
- However, on-premises deployment requires IT support teams for regular service and maintenance operations, who may find it difficult to regularly update the on-premises systems.
How to choose the right IAM solution?
While choosing an ideal IAM software, it is good for the users to look at the following:- Multi-factor Authentication - Leaked passwords have been one of the major reasons for most of the data breaches over the last few years. Multi-factor Authentication has the ability to enhance user identification, by decreasing the risk of data breaches.
- User Self-service - An ideal IAM solution helps users to safely reset their own passwords and unlock their accounts without relying on the help desk. It also helps users to update their attributes and manage group memberships.
- Reporting and Auditing - Since compliance is a priority for almost all organizations, an ideal IAM software should be able to maintain a consistent audit track. Progressive IAM solutions enable IT teams to track precise features within applications.
- 3rd Party vendor management - An ideal IAM software guarantees that the users gain the correct level of access granularity for third-party subcontractors.
- Applications Required - An ideal IAM software should be able to support or integrate into numerous applications. So, it becomes critical for businesses to assess all the apps used by the workforce.
- Single Sign-on - An IAM solution with Single Sign-On (SSO) helps in reducing password issues, enhances productivity, and decreases IT costs.
Some Noteworthy Use Cases
Use Case 1: Exterior SSO using AD passwords to access Office 365, Salesforce, and other third-party applications
Employees or customers who need to be able to use their Active Directory passwords to gain access to third-party applications, can do so through the Gluu Server. Since, the target application supports SAML or OpenID Connect, the SSO transaction can be organized from inside the Gluu Server GUI. If the target application supports something like WS-Federation, it is ideal to use ADFS as a WS-Federation-to-SAML proxy.
Use Case 2: Web based Single Sign-On towards an exclusive RDBMS based User Repository
In cases where, businesses store their user credentials in an exclusive user store, and it wants to validate against that database by leveraging a customized RDBMS connector in the SSO platform. It is critical to understand that RDBMS constantly needs some custom integration because every organization has a different schema.
Use Case 3: Employees need to impersonate customers
This can be addressed within the Gluu Server. However, it recommended to handle this within the user’s application. For example, the Gluu Server could validate the employee who is imitating the customer, and in the application, the user would notice that the person has a role and should have the ability to see / edit a customer’s environment.
And, if the business actually allows a staff member validate as another person, it is suggested that they use safe credentials and apply a multi-step verification workflow.
What’s trending?
- Biometrics – IAM solutions will need to integrate biometrics capabilities such as fingerprints, retina scans, and facial recognition to recognize sanctioned users for networked systems.
- Blockchain - Blockchain technology integrated with IAM solution addresses the issues with keeping identification data in a central Moreover, the individual documentation data in such central systems is not managed by individuals. Instead, the data is possessed by the third-party services provider.
- Situation Based Identity and AI - Situation-based IAM solution associates data about a user that is applicable for the identity being validated. Also, AI based ML systems can understand an individual so well that all the information gathered about them, linked with multi-factor authentication, will safely recognize most people.
- Live Problem Warning and Response - AI and ML can prove to be valuable in anomaly detection. Businesses these days, want to be able to detect anomalies such as uncommon key strokes, changed source locations, and even the date or time, and then reacting by either alerting, blocking the attempt, or dropping additional controls or authentication stages in place.
- Individuality Reassurance - Businesses today require improved security solutions that encourage decision-based identity assurance. Identity assurance systems monitor risk notices and help administrations in tracking distrustful activities.
- Identity API Management - Identity API management facilitates linking of cloud applications and individuals to provide programmer grade access and review tracks to anyone trying to enter API gateways.
- Security Robotics – Rise in the use of robotics in identity and security management is another trend observed in the IAM industry. The security segment plans to leverage robotics to achieve vital tasks in enterprise settings, including in the setting of identity and access rights management.
- Privileged Access Management - Privileged account comprises valued business data and is continuously tracked by cyber attackers. Privileged Access Management is an essential part of IAM wherein privileged accounts are continuously checked and protected with severe verification techniques.
- IAM Migration to the Cloud - Another IAM trend is the movement of user identity data services to the cloud services, or identity management as a service. Identity management as a service is easily scalable. The service providers manage most of the management activities in the back end.
- Decentralized Identity - Blockchain permitted and dispersed identities are compelling IAM systems to enables users to produce, demonstrate, and record their identities and the associated relationship identifiers to use digital services.
Recent News
- Virgin Media approves 'misconfigured database' left personal data of 900,000 people unprotected·
- Cathay Pacific penalized with £500,000 data protection fine from Information Commissioner’s Office over 2018 data breach
Best Identity and Access Management Software in 2022
Simeio Solution IAM (Identity and Access Management) software identifies who has access to what and why. This software automates the joining and leaving process, so tasks that took days earlier now take a few minutes. With Simeio IAM, the customer has secure authentication and seamless single sign-on access to an on-premise application, a cloud application, or a network resource from any device. This software ensures information and system security, ease of use, and cost-efficiency.
Performing the identity functionality functions with more than 30 microservices the cloudentity provide services to its customers. Functions served by the company are strong authentication, full lifecycle management of user, things with users self-service and session mobility specifically for modern architectures. The basic function of a cloud entity is to provide a real-time self-healing identity and secure layer to native applications. The company was founded on October 1, 2011 and headquartered at West Coast, Western US. It is a private company that works for profit and is also known as Syntegrity.
Fischer Identity software provides the user with the control they need over identities. IAM control who has access to what dynamically authorizing which resources identities are allowed to request access. This solution controls the most sensitive entitlements within the organization and adds a continuous monitoring mechanism for granular governance. It provides extensive, non-employee identity management solutions to expand users’ governance reach. And offers sponsored access as well as self-registration for external identities to provide an extensible onboarding and governance model.
IDology Identity and Access Management (IAM) software designed by Idology uses a multi-layered process to ingress thousands of data sources having billions of public records to immediately validate an identity. This facilitates users to make the faster and correct decision on what to do next: deny, escalate and approve. IDologylayers work together analyzing numerous layers of an identity attribute (involving location, device, activity, and email attributes) that can save more detail and accurate likeness of an identity.
ID Watchdog IAM is an award-winning leader in identity theft protection. It helps the user to better preserve identity. ID Watchdog secure user from tax-related ID, child ID, medical ID, and criminal ID theft. ID Watchdog monitors signs of potential fraud across billions of data points, it monitors the credit report, dark web monitoring, and subprime monitoring. Their family plans help the user to better protect loved ones.
GoVerifyID is a security solution that is designed by Imageware System. Put the most secure user authentication solution in place simply, quickly and inexpensively. Replacing a traditional password with something unhackable. Biometrics are the ultimate in security. GoVerifyID solution is designed on a strong foundation key capabilities that are necessary for any organization ready two factors, biometric, and multi-factor identity authentication. It is more scalable and reliable.
Insight API is designed by inflection that increases the ability of an organization to effectively and efficiently safeguard assets like communities and properties. With this software, a company can gain the trust of people, get actionable insights with real-time access to millions of people records from thousands of trusted government sources. Rapidly and simply get insight into an individual's background to build a more complete profile of who they are and create informed security assessments.
MaxID is a simple and intuitive system that fully integrates mobile identity verification. It provides new tools to better track and locates individuals with multi-modal biometric introductions. MaxID allows friends, colleague or broker to meet face to face anytime, anywhere and make sure both the communicator have original ID document and Smartphone or tablet to complete the process. MaxID provides safe and secured ID verifications to satisfy the highest Australian regulatory standards.
Neovera Identity and Access Management (IAM) offers its clients cloud migration. Organizations can adopt applications by regulating current IAM solutions on the premise in the cloud, with the help of this system. It offers a secure IAM solution that integrates with cloud platforms like Google, AWS, and Azure. It adopts the best cybersecurity practices and also keeps user data safe.
With the Omada Identity Suite solution, consumers are capable of controlling outside identities with the identical stage of security and get the right of entry to governance for their inner identities. With a web-based portal for self-registration, operators can encourage their customers and external partners to interact with their enterprises, at the same time, ensuring data privacy and protection.
One Identity is the company that designs and develops software solutions. The company serves the customers worldwide with its functions such as identity governance, access management, etc which helps the organization against fighting security threats. The company was founded on September 23, 2016, and worked in the software industry and is a Public company. The Company has a parent organization named Quest software. Some of the specialties in which the company deal are multi-factor authentication, digital transformation, identity administration, aactive directory account life cycle management, privileged account management, identity governance, etc.
OpenIAM provides a fully integrated IAM (Identity and Access Management) platform and IGA (Identity Governance Access) which is designed for large companies across the world including financing services, telecommunications, government, publishing, retails, education and healthcare. The OpenIAM platform improves productivity through a rich self-service portal, security by enforcing the right level of access and enables compliance with regulatory mandates such as GDPR.
OpenText Corporation provides Identity and Access Management Solutions. OpenText’s Identity and access management securely connect people, systems and things with digital identities to improve collaboration and prevent data breaches. The OpenText Identity and Access Management (IAM) manages enterprises with all the digital identities that request access to their systems. By using this solution information access becomes manageable, governable and visible. OpenText IAM is a cloud-based solution that controls access to information through role-based control.
PingAccess is an access security IAM software that provides centralized security solutions with its comprehensive policy engine ensuring authorized access to the resources, applications, and APIs down to the URL level by the authorized users only.
PlainID Dynamic Authorization Solution provides IAM (Identity Access Management) to groups with an easy and intuitive means to control their corporation's entire authorization method. PlainID simplifies authorization to one point of selection, one factor to manage, and one point of view at every authorization stage: in the cloud, cellular, and on-premise packages. PlainID IAM makes admission to controlled complex systems plain and simple and offers Smart Authorization - a complicated authorization platform, the primary coverage enables admission to manipulating the (PBAC) solution.
Radiant Logic IAM software has been designed over successive waves of technology, resulting in a patchwork of a point-to-point connection. This software is the most secure tool for users, without unified identity infrastructure users can not simply open and access enterprise to web and cloud-based programs. The solution rationalizes all identity information to make a global list of users with no duplication.
RapidIdentity software offers real-time anti-fraud prevention for a digital world. RapidIdentity software combines leading customer authentication technologies for seamless integration with onboarding risk and risk analysis process and acts as the complete all in one verification suite that. Customers can scan documents in seconds and verify against a DVS service. RapidIdentity also provides biometric authentication.
ReachFive’s Client Identity and Access Management (CIAM) solutions assist the user to produce unique user experience across the associate integrated unified platforms. It assists businesses to provide personalized experiences for users and change customers' registration and authentication. The ReachFive platform is based on modern client expertise, omnichannel, mobile-first, driven by trust, convenience, and client management. It authenticates customers anywhere, anytime, offers them control over their consent, and safely activates identities with third-party systems.
SAASPASS Identity and Access Management (IAM) software offers two-factor authentication-as-a-service and provides secure single sign-on (SSO) for user’s cell phone devices, computers and digital applications with various prepared integrations and adapters for on-premise, hybrid, custom and cloud applications. Its Admin Portal makes management of user’s client and worker security seamless and convenient. Onboarding and provisioning users and workers have never been easier. It has revolutionized the protection space by moving the historic trade-off of security and usefulness.
The Saviynt Identity and Access Management (IAM) program protects data security and privacy, starting with user authentication and authorization. Saviynt IAM issues a single sign-on solution that incorporates multi-factor authentication. Saviynt IAM provides users rights to access resources with identity management solutions that continuously monitor access, and to ensure the enforcement of governance over least privilege access rights. This program helps protect data from unauthorized access. Saviynt Identity Access Management (IAM) ensures that the right users have the right access to the right resources at the right time for the right reasons.
Scanovate Identity and Access Management Platform (IAM) is an automated tool that is designed for financial institutions and governments with enterprise identity and compliance platforms and enables compliance officers to streamline and accelerate the process. It helps the flow of any digital transaction securely with regulations and changes the way business and clients interact, as well as upgrading B2C interaction.
BioRegistra is offered by Seamfix which is an innovative IAM (Identity Access Management) solution that provides online KYC service designed for users to configure data what they want to capture, whether it is textual information, fingerprint details. BioRegistra helps to create the most flexible digital forms to collect the information and data which is required to grow a business all across the world anywhere, anytime.
SecureAuth Identity Platform provides enhanced security to business enterprises. The SecureAuth Identity Platform offers the most flexible and secure access management. With this solution, users are enabled to customize the level of access convenience and security to each use case. It accelerates the adoption of new technologies, increases security, and meets users' organization's digital transformation goals. SecureAuth Identity Platform also helps improve identity security without increasing hurdles.
SecZetta Customer Identity software delivers access to customers on any device and any channel. It has many booming IAM implementations below their belt and a tried methodology for fulfillment. Taking the time to grasp the user’s business, SecZetta consultants offer the look and implementation services.
Sennovate specializes in Identity and Access Management (IAM) and provides various services like IAM Consulting, IAM Implementation, and Infrastructure Management Services & Managed Security Services. Sennovate IAM strives to be a trusted safety guide for users, leads the way in Artificial Intelligence for identity and gains access to management through their AI Security Assistants, and offers modern cloud-controlled protection offerings.
