SaaS id suppliers Okta and SailPoint Applied sciences have inked a strategic partnership that targets to take on get right of entry to and id governance issues for enterprises.
Okta and SailPoint are frequently pitted as competitors, however the corporations be offering other answers to the net id control downside. Okta purposes as a badge reader, managing worker get right of entry to to trade programs and information. SailPoint’s platform works at the governance aspect, figuring out whether or not the individual with the badge must achieve get right of entry to in keeping with assigned privileges and company safety insurance policies.
“Within the undertaking, companies might also want further governance over who can get right of entry to an utility or information and below what circumstance,” stated Todd McKinnon, Okta co-founder and CEO. “This is not one thing Okta has historically finished, however is the core of what SailPoint does.”
Okta and SailPoint in combination, McKinnon stated, be offering organizations end-to-end id control, from get right of entry to all of the strategy to id governance and compliance.
In additional technical phrases, the joint Okta and SailPoint product will supply services and products for preliminary on-boarding, protected unmarried sign-on and multi-factor authentication for protected utility get right of entry to, and automatic off-boarding as customers alternate roles or go away a company. It additionally provides key id purposes reminiscent of get right of entry to certification of any utility and self-service fortify for password resets, and automates all get right of entry to requests.
“In combination, SailPoint and Okta deliver ease of get right of entry to, safety and regulate to our collective consumers, and we’re doing so in a platform-agnostic means,” stated SailPoint CEO Mark McClain. “We all know maximum enterprises function in a in large part heterogeneous setting and as such, they want to protected get right of entry to to all their programs and information, regardless of the platform, on-premises or within the cloud.”
Each Okta and SailPoint went public in 2017 and are some of the key gamers within the id control services and products area, an estimated $18 billion addressable marketplace, in keeping with Traders Industry Day-to-day. SailPoint’s IPO in November gave the corporate a marketplace cap of $1.2 billion, whilst Okta’s IPO in April valued the corporate at $1.five billion.
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