Press Releases

Market for Privileged Access Management Solutions to Grow to $5.4 Bn by 2025, KuppingerCole Predicts

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.

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Move Towards Zero Trust Architectures Accelerated by Coronavirus Pandemic

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.

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Inventiveness a Differentiating Factor for Vendors of Access Management Solutions

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.

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