February 2024: A prominent leader in identity and access management for Enterprise IoT ecosystems, Device Authority, has lately augmented its financial backing with an extra USD2m investment from Prelude, the venture practice of Mercato Partners. The US-based venture capital organization is well-known for its emphasis on high-growth cyber technology organizations. It has recognized Device Authority as a prime candidate for investment, given the robust team, innovative SaaS KeyScaler platform, and the platform's capability to supply zero trust for IoT across growing use cases that address real market requirements. The organization focuses on guaranteeing the security and management of digital identities and access within the Internet of Things (IoT) ecosystem. Its SaaS KeyScaler platform plays a crucial part in the domain by offering indispensable zero-trust security measures for IoT devices. The latest investment is reserved for expanding Device Authority's KeyScaler platform and growing its North American presence. Device Authority focuses on using the fund to upgrade its technology further and strengthen its standing as a leader in the field of IoT identity and access management. Darron Antill, the Device Authority CEO, said that the enthusiasm regarding the funding and the organization's path by saying that since the company is merged in the connected world and observes the newest use cases being implemented by users across the globe, the company is minutely aware of how important it is to guarantee complete trust in the devices and data being used. He further added that their KeyScaler platform and KSaaS cloud service have already been identified as the 'Rising Azure Technology' in Microsoft's Partner of The Year Awards and by experts who have recognized Device Authority as the technological leader in its field.
August 2023: SecureAuth has disclosed that it will provide Citrix Workspace, the digital workspace software platform developed by Citrix Systems, the leading U.S. cloud computing and virtualization company, with its authentication platform in August 2023. Thus, the partnership aims to make Citrix Workspace more secure by enhancing its security capabilities. The integration of SecureAuth's platform into Citrix Workspace promises nothing less than a complete, seamless digital workspace encounter to its users, hence fortifying its position as one of the best cloud-based solutions suppliers.
April 2023: Introduction of Saviynt’s New Partner with IBM and Other Worlds Technology and Consulting Giants in April 2023 for a Hospitality Store of Ready-to-Improve Solutions towards Scaling Cloud Identity Security by Organizations.
May 2023: PingOne Protect was launched by Ping Identity in May 2023, which helps prevent account takeover through fraud detection and risk management while also addressing multi-factor authentication (MFA) fatigue among end-users. MFA burden is reduced, hence heightening user experience and improving their security status with such organizations using PingOne Protect. The solution is innovative enough to further cement Ping Identity’s reputation of being a reliable provider of cutting-edge enterprise IAM.
March 2023: Since March 2023, its Password Management Software for Workforce has been updated. These include new capabilities such as a web application firewall that can help businesses protect themselves from risks like high-risk access control for high-value business applications.
November 2022: Okta’s November 2022 Workforce Identity Cloud Innovations that Improve Corporate Security, Productivity, and Resilience. This novelty will strengthen a single SCP for managing identity across all resources as well as enterprise users.
October 2022: Saviynt, on the other hand, unveiled new features for its Enterprise Identity Cloud (EIC) in October 2022 that focus on key areas within zero trust by organizations, including Identity Governance, Cloud Privileged Access Management (CPAM), and Identity Analytics. These new capabilities are expected to improve both the EIC’s strength in delivering strong security and protection as well as its ability to assimilate Zero Trust policies into an organization’s existing security framework seamlessly.
May 2022: In May 2022, Microsoft announced the launch of a family of IAM called Entra. Entra is made up of existing tools such as Azure AD and its new product, Decentralized Identity and Cloud Infrastructure Entitlement Management (CIEM). It was designed to help safeguard access to any resource or application by enabling security professionals to identify and manage privileges in multi-cloud environments, thereby securing digital identities end-to-end.
IOT- Identity Access Management Market Segmental Outlook
IOT- Identity Access Management Customer Types Outlook
- education,
- retail & e-commerce,
- IT & telecom,
- government,
- energy & utility services,
- media & entertainment,
- manufacturing
IOT- Identity Access Management Service Outlook
- password management,
- access management user provisioning,
- multi-factor authentication,
- directory services,
- single-sign-on (SSO).
IOT- Identity Access Management Deployment Outlook
IOT- Identity Access Management Industry Outlook
- small and medium enterprises (SME's)
- large enterprises based on industry segmentation
