In today’s digital era, where data breaches and cyber threats are increasingly common, safeguarding sensitive information has become paramount for organizations worldwide. Identity and Access Management (IAM) for the global workforce is at the forefront of this battle, ensuring that the right individuals access the right resources at the right times for the right reasons. As businesses expand and the workforce becomes more dispersed, the importance of robust IAM systems cannot be overstated.
Here are a few crucial growth opportunities in global workforce IAM, driven by technological advancements, regulatory demands, and the evolving nature of work.
- Enhancing Device Management for Remote Workplaces: As remote work becomes increasingly prevalent, vendors have a prime opportunity to enhance or develop device management capabilities. Integrating device intelligence with broader security offerings and establishing governance policies allows vendors to help enterprises achieve compliance and improve security outcomes, addressing the growing complexities of identity and access management in the digital workspace.
- Streamlining Identity Management for Scalability: Enterprises striving to unify their identity stacks can benefit from vendors who offer unification platforms. Specializing in areas like identity governance, privileged access management, or access management, these platforms provide an orchestration layer that enhances visibility and functionality, seamlessly integrating with existing systems. This method further simplifies the identity management process and supports scalability by accommodating new features and capabilities.
- Enhancing User Experience with Passwordless Authentication: Many enterprises are reluctant to switch to passwordless authentication methods, often due to worries about costs and potential disruptions for users. Vendors are addressing these concerns by improving the user and IT experiences, fostering partnerships that ensure smooth integration of diverse services. Moreover, the use of AI for biometric authentication could greatly enhance both security and convenience.
- Integrating ITDR for Enhanced IAM Solutions: Integrating Identity Threat Detection and Response (ITDR) capabilities stand to significantly enhance the value of IAM providers’ offerings. ITDR meets the need for unified security segments and boosts collaboration with security operations centres through the sharing of vital intelligence. Developing these capabilities, either in-house or via strategic partnerships, can go a long way in catering to customer preferences for solutions that integrate smoothly with existing systems.
Companies Driving Innovation in Global Workforce Identity and Access Management
IBM – IBM Security Verify enhances IAM with a suite of capabilities, including AI-driven adaptive, risk-based identity authentication, customizable workflows, no-code identity orchestration integrations, and device risk detection. This SaaS solution helps customers optimize IAM functions in hybrid environments and remove barriers between disparate IAM systems.
JumpCloud: The company offers a unified cloud-based platform that manages employee identities and devices using zero trust principles. Its product suite enhances user experience and includes recent additions like JumpCloud Go for secure passwordless login, Dynamic Groups for efficient group management, and federated authentication for easy device access and provisioning.
Okta: Okta has enhanced its product lineup, including the Okta Workforce Identity Cloud, now featuring Identity Threat Protection powered by Okta AI. This tool conducts continuous risk analysis throughout user sessions, enabling automatic real-time responses to identity threats.
One Identity: One Identity offers a comprehensive IAM solution for workforces as part of a unified identity platform that includes Customer Identity and Access Management (CIAM), Privileged Access Management (PAM), Identity Governance and Administration (IGA), and Active Directory Management. The company has expanded its capabilities to include advanced features like ITDR and compromised credential checking, in collaboration with its technology partners, providing clients with a seamlessly integrated offering.
To know more about emerging growth opportunities in global workforce identity and access management, click here.
To know more about the companies driving innovation in workforce identity and access management, click here.
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