Press Releases

The IT analyst company KuppingerCole is to honor projects, standards, and people from the field of digital identity and cybersecurity at the 14th European Identity and Cloud Conference. The hybrid event will take place from September 13 to 16 in Munich as well as on the KCLive virtual event platform.

KuppingerCole Analysts AG estimates that the number of major vendors for Privileged Access Management (PAM) solutions is around 40 with a combined annual revenue of around $2.2bn. In its most recent Leadership Compass on PAM for DevOps the analyst firm predicts that market will grow to $5.4bn by 2025. That growth is expected to be driven by changes in business computing practices and compliance demands from governments and trading bodies, as well as increased levels of cybercrime.

The coronavirus pandemic has accelerated trends toward Zero Trust (ZT) architectures. Multi-factor authentication (MFA) is often a key technology addition that can help realize Zero Trust as well as decrease risks of insider threat and some types of industrial espionage. Organizations are moving to passwordless and MFA methods to increase security and decrease support costs. These are some key findings of the latest Leadership Compass on Enterprise Authentication by KuppingerCole Analysts AG.

Vendors of access management solutions are increasingly trying to differentiate themselves from one another. To achieve this, they enhance their solutions in areas such as strong adaptive authentication, dynamic authorization, access intelligence, providing APIs and API security, fraud detection, automation, and using a more modern containerized and microservice-related product delivery.

A growing number of organizations are not only standardizing on ServiceNow as their IT service management (ITSM) platform, but also as the standard user interface for requesting any type of IT services. At the same time, the demand for integrations between Identity Governance & Administration (IGA) and ServiceNow is increasing.

In order to cope better with a changing business, IT, and threat environment, the demand for Security Operations Center-as-a-Service (SOCaaS) is increasing. SOCaaS is driven by the move to cloud and the inability to deal with security alert overload. These are core findings of the most recent Market Compass by KuppingerCole Analysts AG.