Friday 24 April 2015, Amsterdam
The report recognizes the following companies as the key players in the Global IAM Market: CA Technologies Inc., Dell Inc., EMC2 Corp., IBM Corp., Oracle Corp. and Symantec Corp.
Other Prominent Vendors in the market are: Amazon Web Services, Atos, Aujas, Avatier, Courion, Covisint, Evidian, Gemalto, Good Technology, Lepide Software, McAfee, Microsoft, NetIQ, Okta, Omada, OneLogin, OpenIAM, OSIAM, SailPoint, SecurIT, Soffid IAM, Steria, Tata Consultancy Services and Verizon Enterprise.
The report said: “Vendors are increasingly offering SaaS-based IAM solutions to increase their market share and they are gaining in popularity. These solutions offer benefits such as low initial investment and pay-per-use models.”
According to the report, increased demand from the BFSI sector is one of the key drivers of the market. This sector holds critical customer data; therefore, it needs a high level of security. Organizations in the BFSI sector adopt IAM solutions to reduce IT management costs, increase productivity, and ensure compliance.
Further, the report states that IAM solutions come with high implementation costs, such as the cost of obtaining licenses, system design and customization, implementation, training, and maintenance. The implementation takes a long time and changes after implementation drive up the cost even more.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.