Privilege Management, the management of accounts with elevated privileges and, in particular, shared accounts, is changing drastically. Providing shared account password management, a privileged Single Sign-On, or restrictions for elevated privileges is no longer sufficient.
Cloud IAM, or IDaaS, is a rapidly growing market segment. This growth is driven by a variety of business cases, ranging from operational advantages and better support for employees accessing cloud services to the flexible integration of business partners and consumers in the age of digital transformation. Organizations need to understand their challenges, the potential of Cloud IAM, and what Cloud IAM must provide in functionality for addressing these challenges.