What is Identity and Access Management?

Identity and Access Management is a business security framework that’s designed for multi perimeter environments to protect and monitor user access. It helps users in managing digital identities, which are scattered both inside and outside enterprises. Identity and access management software manages user access to information and applications across enterprises by undertaking security and risk considerations. These IAM software allow organizations to create, store, delete, and maintain user identities and their related access permissions automatically.

What drives the adoption of Identity and Access Management solution?

Varied technological environments, strict compliance, and increasing digital identities across enterprises are fueling the need for deployment of IAM software. Enterprises manage their identity management costs and become agile by adopting identity & access management competencies.

What is the use of IAM Software?

IAM software technology is used to initiate, capture, manage, and record user identities. It also provides an organization’s staff with permissible access to various enterprise resources. Identity & access management can be described as the management of individual identities, their authorization, and provision of access based on predefined rules. Previously, IAM software was primarily used for providing companies with support to access management and access-related compliance needs. Which was why, organizations back then, struggled to meet the compliance demands, and were able to deploy solutions which were limited only to a few applications and systems.

Nowadays, organizations adopt risk-driven approach and they provide logical access controls. Also, growing emphasis of compliance management and increasing trend of mobility are driving the demand for Identity and Access Management Software in various sectors. Moreover, there has been a rise in the Bring Your Own Device (BYOD) approach, which has led to an increase in workforce adopting mobility.

360Quadrants recognizes the below-listed companies as the best IAM software

Who are the top 10 IAM players?

  • Okta
  • IBM corporation
  • Oracle
  • Hitachi
  • Onelogin
  • Dell inc
  • Microsoft corporation
  • Beyondtrust
  • Rsa securid
  • Salesforce

VISIONARY LEADERS

Visionary leaders are the leading identity and access management (IAM) market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally under the best Identity and access management software category. Visionary leaders primarily focused on acquiring the leading market position through their strong financial capabilities and their well-established brand equity. Some of the visionary leaders in the IAM Software market are IBM Corporation, Oracle, Hitachi and Microsoft Corporation etc.

DYNAMIC DIFFERENTIATORS

Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product under best identity and access management software category. Some of the dynamic differentiators in the IAM market are Avatier and Cyberark.

INNOVATORS

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. These best Identity and Access Management software companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders. Some of the innovators in the IAM market are MicroFocus, SAP SE, Kaseya etc.

EMERGING COMPANIES

Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors in identity and access management software category include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market. Emerging companies in the IAM software market are Watchguard Technologies and Broadcom Limited.

Key Benefits of IAM Systems

  • Enhances User Experience - Single Sign on (SSO) does not require the users to recall and input various passwords to gain access to the system. With the help of SSO, users can automatically login every time they move to another connected system. 
  • Password management - IAM software allows organizations to spread their SSO competences to SaaS, cloud-based, web-based, and virtual applications. SSO has the ability to combine password management across various domains and attribute-sharing values and protocols.
  • Boost Security Profile - IAM software has the ability to validate and approve users based on their access level specified in their directory profiles. IAM solution also manage user access using other aspects to precise roles of the system.
  • Progressive Anomalies Monitoring - Recent IAM software solutions embrace technologies such as machine learning, artificial intelligence, and risk-based authentication, to recognize and restrict any kind of strange activity.

What are the key features to look at while buying an IAM solution?

Managing identities and credentials for enterprise resources & information, and efficiently facilitating access management are the critical challenges faced by several organizations across various industry verticals globally. Organizations should be looking at the following features, while shortlisting an IAM Software.
  • Provisioning - Provisioning provides employees, partners, clients, and other stakeholders with identity manageability features to access resources present on-premises or through cloud. It guarantees that the users can access all the necessary applications and network resources. These solutions manage automated provisioning and de-provisioning of computing resources.
  • Directory Services - A directory is a term used for storage and management of identity information and its credentials. IAM solution directory services enable departmental access to corporate services and business resources, which bring together resources, users, access, networks, and access points. This enables high-speed access to identity information by mission-critical systems and applications.
  • Single Sign-on - Single Sign-On (SSO) in IAM automates and integrates the functions of IAM processes. It comprises Web and Federated Single Sign-On, and Enterprise Single Sign-On (E-SSO). Single Sign-On (SSO) is a form of authentication, which allows users access to multiple computer platforms or applications present on-premises of an organization or through cloud by logging in only once. SSO allows end users to login using one single set of credentials by eliminating the need to remember passwords. 
  • Advanced Authentication - Advanced authentication uses two factors for authenticating that include password and biometric. It is a scalable and flexible solution that incorporates both, risk-based authentication and strong authentication. It includes software revenues from technologies used for biometric recognition of identities, smart cards software, and two, three, & multifactor authentications.
  • Password Management - Password management applications enable end users to reset passwords, which significantly alleviate the help desk workload to address password reset requests. Furthermore, these applications ensure enhanced security by implementing strong password policies.
  • Audit, Compliance, and Governance - Auditing and user activity monitoring (including privileged and non-privileged users) is an important part of the IAM process. It includes events and activities associated with identities or resources, which are logged into a centralized repository. These IAM solutions provide comprehensive support for auditing, including re-certification, and central analysis of identity-related audit data.

What are the options to deploy IAM solution?


On the basis of deployment type, the best identity management market has been segmented into on-premises and cloud. 

Cloud

  • Cloud or hosted solutions are Software-as-a-Service (SaaS) provided by service providers. Cloud computing services convert fixed cost to variable cost, as customers have to pay according to the services they utilize.
  • Cloud revenue management solutions are available according to a customer’s demand, wherein they can start or stop any service at will. This provides flexibility to organizations to adjust to the dynamic environment.
  • There has been an upward trend in the deployment of cloud-based solutions. The advantages of cloud deployment are reduced physical infrastructure, low maintenance cost, and 24×7 data accessibility from anytime, anywhere.
  • Cloud-based solutions also support real-time visibility of data for employees, enabling organizations to communicate with different departments before, during, and after each appointment.

 On-Premises

  • On-premises solutions are installed and hosted in an organization’s own IT infrastructure and are managed by their internal IT staff. On-premises deployment is a traditional way of implementing identity & access management solutions.
  • Organizations, where user credentials are critical for business operations, usually follow this approach as the information is moderately safe from external attacks, since systems are held internally by the organization.
  • As on-premises solutions typically involve procurement of dedicated hardware, software license, and annual support and maintenance fees, this mode of deployment is popular across large-sized enterprises.
  • Security concerns associated with the confidential data of customers is also a crucial factor for on-premises deployment.
  • However, on-premises deployment requires IT support teams for regular service and maintenance operations, who may find it difficult to regularly update the on-premises systems. 


How to choose the right IAM solution?

While choosing an ideal IAM software, it is good for the users to look at the following:
  • Multi-factor Authentication - Leaked passwords have been one of the major reasons for most of the data breaches over the last few years. Multi-factor Authentication has the ability to enhance user identification, by decreasing the risk of data breaches.
  • User Self-service - An ideal IAM solution helps users to safely reset their own passwords and unlock their accounts without relying on the help desk. It also helps users to update their attributes and manage group memberships.
  • Reporting and Auditing - Since compliance is a priority for almost all organizations, an ideal IAM software should be able to maintain a consistent audit track. Progressive IAM solutions enable IT teams to track precise features within applications.
  • 3rd Party vendor management - An ideal IAM software guarantees that the users gain the correct level of access granularity for third-party subcontractors.
  • Applications Required - An ideal IAM software should be able to support or integrate into numerous applications. So, it becomes critical for businesses to assess all the apps used by the workforce.
  • Single Sign-on - An IAM solution with Single Sign-On (SSO) helps in reducing password issues, enhances productivity, and decreases IT costs.

Some Noteworthy Use Cases

Use Case 1: Exterior SSO using AD passwords to access Office 365, Salesforce, and other third-party applications

Employees or customers who need to be able to use their Active Directory passwords to gain access to third-party applications, can do so through the Gluu Server. Since, the target application supports SAML or OpenID Connect, the SSO transaction can be organized from inside the Gluu Server GUI. If the target application supports something like WS-Federation, it is ideal to use ADFS as a WS-Federation-to-SAML proxy.

Use Case 2: Web based Single Sign-On towards an exclusive RDBMS based User Repository

In cases where, businesses store their user credentials in an exclusive user store, and it wants to validate against that database by leveraging a customized RDBMS connector in the SSO platform. It is critical to understand that RDBMS constantly needs some custom integration because every organization has a different schema.

Use Case 3: Employees need to impersonate customers

This can be addressed within the Gluu Server. However, it recommended to handle this within the user’s application. For example, the Gluu Server could validate the employee who is imitating the customer, and in the application, the user would notice that the person has a role and should have the ability to see / edit a customer’s environment.  

And, if the business actually allows a staff member validate as another person, it is suggested that they use safe credentials and apply a multi-step verification workflow.


What’s trending?

  • Biometrics – IAM solutions will need to integrate biometrics capabilities such as fingerprints, retina scans, and facial recognition to recognize sanctioned users for networked systems.
  • Blockchain - Blockchain technology integrated with IAM solution addresses the issues with keeping identification data in a central Moreover, the individual documentation data in such central systems is not managed by individuals. Instead, the data is possessed by the third-party services provider.
  • Situation Based Identity and AI - Situation-based IAM solution associates data about a user that is applicable for the identity being validated. Also, AI based ML systems can understand an individual so well that all the information gathered about them, linked with multi-factor authentication, will safely recognize most people.
  • Live Problem Warning and Response - AI and ML can prove to be valuable in anomaly detection. Businesses these days, want to be able to detect anomalies such as uncommon key strokes, changed source locations, and even the date or time, and then reacting by either alerting, blocking the attempt, or dropping additional controls or authentication stages in place.
  • Individuality Reassurance - Businesses today require improved security solutions that encourage decision-based identity assurance. Identity assurance systems monitor risk notices and help administrations in tracking distrustful activities.
  • Identity API Management - Identity API management facilitates linking of cloud applications and individuals to provide programmer grade access and review tracks to anyone trying to enter API gateways.
  • Security Robotics – Rise in the use of robotics in identity and security management is another trend observed in the IAM industry. The security segment plans to leverage robotics to achieve vital tasks in enterprise settings, including in the setting of identity and access rights management.
  • Privileged Access Management - Privileged account comprises valued business data and is continuously tracked by cyber attackers. Privileged Access Management is an essential part of IAM wherein privileged accounts are continuously checked and protected with severe verification techniques.
  • IAM Migration to the Cloud - Another IAM trend is the movement of user identity data services to the cloud services, or identity management as a service. Identity management as a service is easily scalable. The service providers manage most of the management activities in the back end.
  • Decentralized Identity - Blockchain permitted and dispersed identities are compelling IAM systems to enables users to produce, demonstrate, and record their identities and the associated relationship identifiers to use digital services.

Recent News
  • Virgin Media approves 'misconfigured database' left personal data of 900,000 people unprotected·
  • Cathay Pacific penalized with £500,000 data protection fine from Information Commissioner’s Office over 2018 data breach

Best Identity and Access Management Software in 2022

Comparing 130 vendors in Identity and Access Management across 71 criteria.
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Sensipass provides biometric technologies with simple interactive steps consisting of three-factor mobile authentication to provide better security without the use of password, patterns or pin codes. The platform can be used for a wide variety of cases from securing physical access to the mobile Cloud IDaaS (ID-as-a-service). This company specialized in biometric technologies, three-factor authentication, fraud prevention, critical infrastructure, visual authentication, etc. It protects the user ID by creating a sophisticated digital signature that cannot be replayed or shared which effectively eliminates the insider threats. The company has patented and developed unique multi-factor login products to be safe from the wrongdoers.

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Sentry Login is a password protection solution that aids site owners to monetize their websites and it also supports the incorporation of paid membership into websites that are built based on platforms like Wordpress, yola, blogger, and Weebly. Sentry Login password protection solution allows users to perform skinning and they customize the appearance of login forms and pages as well as it has customization to set up data fields that contains the forms of signup and login.

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Sezame IAM (Identity and Access Management) is a free biometric authentication solution that unlocks the PC and laptops, and provides a patented remote multi-factor authentication easily and securely. It allows the clients to login to websites or confirm payments without remembering the password and scanning of fingerprint on Mobile phones through technology via facial recognition that reduces unauthorized access from users’ PC.

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Signicat IAM builds a loyal relationship with the customer through a secure, efficient digital identity. Through signicat platform, from onboarding to archiving manage the entire digital customer engagement journey. With streamlined digital onboarding software banks and credit card issuing organizations can enhance conversion rates and customer engagement. It diminishes the risk of fraud or abuse. Verified electronic signing helps to preserve the agreements and consents.

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Sigma Fraud Score Identity and Access Management (IAM) software developed by Socure is the holistic fraud detection product in the market. Victimization stripped-down client info, sigma Fraud utilizes machine learning and advanced algorithms to predict the probability the equipped identity is fallacious. The company unambiguously combines email, on-line and social knowledge with ancient offline/credit header information to solve for the market gaps left nonreciprocal by legacy authentication solutions.

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Stratoscale IAM Identity and Access Management) software simplifies multi-tenancy operations around all resources and cloud services. User authentication and control service provides integration with user stores (LDAP) and distributed multi-tenant access. If a Stratoscale account is connected through an associate in Identity supplier like MS Active Directory, users are approved by the Identity supplier. If access in the account isn't connected to identity suppliers, users are manually created inside Stratoscale as members of this account. Control to Stratoscale functionality is attained by assigning the user to at least one or additional projects inside this account.
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Symantec VIP Access Manager software is a next-generation access control platform for the cloud that integrates Single Sign-On (SSO) with strong authentication. This software provides the much-needed control, convenience, and compliance to bridge the gap between IT and the business. Symantec IAM gives users access anywhere, anytime, on any device, and with SSO they only have to login once.  In Symantec VIP Access Manager, access policies help ensure that users only have access to what they should and strong authentication means it has a layer of protection, so that only the users get in. Symantec VIP Access Manager also helps simplify compliance auditing for cloud applications by consolidating access logs across all users and applications.

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TeamsID is a cloud password-controlled Identity Access Management (IAM) program that allows groups to sync information, get automated backups, and share TeamsID data securely. TeamsID caters to organizations across various industries comprising information technology, power and utilities, education, monetary services, and more.

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IDVetting is an extensive Identity and Access Management (IAM) service offered by TelosID for fingerprint background checks. It protects user organizations from high-risk transactions and messy ink cards. IDVetting IAM immediately submits electronic biometric fingerprints to the FBI to compare with an identity history summary. IDVetting IAM offers complete fingerprint background solutions to schools, medical professionals, and commercial organizations. IDVetting IAM has two components. The first component has front-end online services and the second component has back-end services for managing submissions.

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The OptimalCloud is an end to end, scalable and customizable IAM software providing multi-factor authentication and secure access to many applications at the same time with a single sign-on, authorized from any data store by The OptimalCloud global network. The software can also easily be deployed in the cloud or to any other operating system or application with a 24 x 7 x 365 support and affordable monthly fee. This IAM platform serves to data centers of the user's choice with its private single-tenant and multi-tenant options.
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TrustBuilder is a state-of-art software providing Identity and access management solution to tackle Web and API- access management tools as per the companies’ requirement. This software is a user-friendly software that has its TrustBuilder identity hub and trust builder for mobile application providing a multi-vendor plugin and brokering framework for control.

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[UBISECURE compared with 130 other Identity and Access Management across 59 criteria]. Ubisecure is a leading company providing identity and access management software that helps to build trust with customers. Users can regulate, capture, and preserve their identity data with Ubisecure's customer ID solution. IDaaS and identity API provider with a focus on customer and identity management scenarios. It is best known for providing IAM based digital delegation solutions.

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Biometric software is designed by Biometric software it is committed with the safety of persons and organizations. Umanick identity supports numerous biometric technologies like- fingerprint, iris, facial, and recognition it permits the user to identify themselves in a simple and preserve way. Verify the identity of people from any web browser, it is compatible with google chrome, safari and internet explorer. It strengthens preservation and mitigates fraud in an organization.

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Verato IAM is a cloud-native next-generation EMPI (Enterprise master patient index) which is faster to deploy, proper than traditional EMPI's and quite affordable to operate. Identity resolution service that gives them confidence in meeting the requirements of the modern healthcare consumer. It also diminishes the duplicate medical records at registration and decreases the back-end manual review burden by deploying an EMPI solution.
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VU Security IAM (Identity and Access Management) software focused on fraud prevention and identity protection offers frictionless and digitally secure experiences to enhance citizens’ life. It is biometric based software, regulating the citizen's life cycle during the digital transformation process. It is a three-factor authentication platform based on voice detection and works in any language and provides transaction analysis of user behavior and channels for fraud detection and prevention.

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WidePoint Cybersecurity solution is offered by WidePoint Corporation. WidePoint Cybersecurity Solutions provides authentication services and information assurance that is designed for government to government, business to government and citizen to government. This solution can use PIV-I credentials with Android, Apple, and Microsoft devices for access into DoD networks, and it mitigates cybersecurity attacks and risks.

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Two-factor authentication Wikid Identity and Access Mangement (IAM) System is specially designed for organizations looking for a highly flexible, scalable, on-premises solutions. It offers a more secure and seamless environment, it makes the transition from working in the office to outside the office transparent. Two-factor authentication allows users to maintain total control of the authentication process.

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PassHub is a free password manager IAM (Identity Access Management) technology offered by WWpass which ensures the highest level of security and convenience for customers and it is accessible through WWpass 'Passkey Lite app. PassHub provides encryption and security to members' login as well as eliminate risk from a compromised third party by ensuring only authorized individual access.

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Privileged access management is designed by Xton technologies, it preserves privileged accounts, assets, and tasks it protects data in all ways, secure accounts, secrets, certificates, and keys from threats both within and beyond the firewall. It restricts, observe and records privileged sessions, blocks rogue operations from being implemented and make a full audit trail of events. It describes policies that will automate password resets and repetitive administrative activities.

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Hypersocket Software integrates a suite of ID and access management tools that offer a common user experience and allows enterprises to apply least privilege policies for remote users.
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Systancia Identity and access management offers an quick synchronization engine that easily combine into upstream and downstream repositories. It also has permission certification and separation of privileged duties (SoD), while permitting traceability and visibility of actions done via audit and reporting module.

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Fastpath Identity and access management solution offers access changes online by creating automatic submissions for management approval. It delivers visibility to all SOD hazards before providing access and creates users automatically once it gets approved. It is easy to use and provides seamless experience with intuitive reporting that monitor security access changes

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FusionAuth offers authentication, authorization, and user management for any app. It can be deployed at any place and integrate with anything.

Groove.id offers easy to create app accounts for inexperienced users and assign them the correct privileges within each application. It is so simple to use that many customers choose to empower their team to manage app creation, eliminating busy work and ticketing for IT teams.

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Tools4ever’s software solutions offers to choose the functionality of enterprises needs or to use phased implementation process according to timeline and budget. Tools4ever’s software is designed in-house rather than through acquired and modified technologies to have a safe and secure login and to implement seamlessly.

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Ilantus offers Identity Plus solution for cloud Identity Governance and Administration with multi-tenanting capabilities. It makes accounts and allocates rights based on user attributes and roles. It gives access to new users on the basis of customer-defined role memberships.

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Imprivata OneSign enables clinicians to rapidly and securely access clinical and administrative applications, which streamlines clinical workflows and drives EHR adoption. It eliminates the need to repeatedly type usernames and passwords.

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Frequently Asked Questions (FAQs)
Identity-as-a-Service (IDaaS) is an emerging trend, as these cloud-based deployments are gaining traction and are accelerating the realization of identity & access management benefits. The identity & access management market is expected to grow from USD 8,094.8 million in 2016 to USD 14,822.6 million by 2021, at a CAGR of 12.9% during the forecast period.
Rise in awareness about compliance management Compliance management is expected to continue to be a major driver in the adoption of identity & access management solutions due to huge costs associated with non-compliance with regulatory mandates. A report by the Security Industry Association estimates that large organizations spend around 13.1% of their net revenue on compliance. Rules and regulations such as Payment Card Industry Data Security Standard (PCI-DSS), Sarbanes-Oxley (SOX), Health Insurance Portability and Accountability Act (HIPAA), and others are expected to increase in the coming years, due to the increasing authenticity requirements and emerging security issues. In addition, severity of threats and huge financial losses have led governments and regulatory bodies such as the Federal Financial Institutions Examination Council (FFIEC) to introduce an assortment of mandatory guidelines and protocols for security and privacy of the business data. Regulatory Acts such as Gramm-Leach-Bliley Act (GLBA), HIPAA, and Personal Information Protection and Electronics Document Act (PIPEDA), and standards such as PCI-DSS and SOX necessitate businesses to meet the terms of these standards. This trend, in turn, will drive organizations across multiple verticals to adopt identity & access management solutions.
Lack of knowledge about identity and access management Nowadays, handling user identities while accessing identity & access management services via cloud or on-premises is one of the critical issues faced by several organizations. Organizations or end users lack the knowledge of identity & access management solutions and its implementation. Furthermore, there is lack of trust and transparency related to data locations, accessibility of servers, and extensibility and flexibility of solutions offered by the identity & access management service providers, along with privacy issues related to these solutions. Moreover, security policies and issues related to implementation of roadmap are restraining the growth of identity & access management market. Successful identity & access management solution deployments ensure integrity of identities used to access potentially sensitive resources and reduce the risk of breaches; however, privacy issues still remain a major concern for the identity & access management solution providers and thus, this factor is expected to restrain the growth of the identity & access management market in the coming years.
Complex integration due to diversified IT system From the past five years, companies are constantly growing through M&A creating complex and heterogeneous IT environments. New operating platforms and business applications are added to legacy systems with too many identities, inconsistent password policies, and diverse and time-consuming processes. This, in turn, creates problems for users, and identity & access management solution to maintain efficiency, security, and compliance. Moreover, several applications that organizations use are provided by third parties and are accessed remotely. This has led to rapid increase in cyber-attacks and complex entitlement processes. Hence, to avoid any discrepancy in the identity & access management project within an organization, vendors are providing identity & access management solutions to continuously evolve their plug-ins or technologies that must be compatible with multiple devices and provide seamless scalability with minimum investment.
Increasing cloud and SaaS adoption With rise in use of cloud, management and securing multiple accounts via cloud is increasing. This has resulted in increased adoption of identity & access management solutions. Earlier, organizations used to consider identity & access management technologies as capital expenditure, which was purchased and implemented on-premises of an organization. There was a huge cost structure associated with successful implementation of identity & access management projects, which required months of rigorous work. This trend is changing continuously with the growing cloud market, as implementing, and accessing identity & access management services (via-cloud) is becoming easier due to limited capital required for its initiation and less time of implementation. With the growth of SMEs, the adoption of identity & access management solutions across organizations has also increased.
April, 2015 New Product Launch - IBM launched its QRadar Security Intelligence technology to the cloud. The technology will enable companies with the ability to prioritize real threats and free-up sensitive resources to fight cyber-attacks. August, 2014 Acquisition - IBM acquired Lighthouse Security Group LLC, a cloud security services provider. This acquisition has helped IBM to combine its identity & access management offerings with the Lighthouse Security Group. Furthermore, it has helped IBM to provide full suite of identity management software and services. July, 2014 Acquisition - IBM acquired CrossIdeas, the provider of identity governance and analytics software. CrossIdeas joined the developments under IBM Security Systems. This has helped IBM to strengthen its position in the advanced identity analytics and intelligence solutions market. June, 2014 Expansion - IBM opened a new IT security operation center in Costa Rica. This opening enable IBM to address the increasing security requirements of its clients in this region.