Top 20 IAM solution Companies - 2020

Each passing day is a testimony to the intricacy and scope of modern identity environments to create a secure, flexible, and adaptive IT infrastructure. IT organizations have realized that security definitions are evolving at an alarming speed. Hence, it becomes imperative to upgrade their existing Identity and Access Management (IAM) tools to be at par with advanced security strategies. With cybercriminals implementing artificial intelligence and machine learning in the recent cyber attacks, traditional password protection has become obsolete. To combat the new generation of cybercrimes, IT firms are switching to biometric authentication such as retinal scans, facial recognition, and fingerprints, which proved their efficiency in allowing only authorized personnel in the organization network. Also, privileged access management (PAM), an integral part of IAM, performs stringent authentication verification to allow access to the organizations’ private business accounts.

In fact, as a sub-domain of IAM, customer identity, and access management (CIAM) has gained immense popularity among IT enterprises that enables organizations to improve the overall customer experience. Customer-centric firms are currently incorporating CIAM measures to ensure the security and privacy of the customer identity and profile information using safety mechanisms like single sign-on (SSO), multi-factor authentication (MFA), consent, and preference management services. Furthermore, blockchain’s role in improving factors such as self-sovereign identity and an audit trail is playing a crucial role in IAM. Blockchain thereby replaces the conventional centralized identity providers. It allows them to store the attributes of the identity of employees in an encrypted form in blocks that can be decrypted when required.

In order to assist the companies in the software realm in shoring up their security measures, we have compiled this issue of CIOReview. In this edition, we have listed the 20 Most Promising Identity and Access Management Solution Providers 2020 and 10 Most Promising Identity and Access Management Consulting/Service Companies 2020 to highlight the companies that can help you escalate your chances of success. Equipped with innovative technological capabilities, these enlisted IAM solution providers are transforming the software landscape at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the software sector on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of CIOReview helps you build the partnership you and your organization need to foster an environment driven by robust and efficient technology.

We present to you CIOReview’s 20 Most Promising Identity and Access Management Solution Providers - 2020.

TOP VENDORS

Top IAM solution Companies

Formmi

A SWaM certified identity and access management services company specializing in fixed-time and fixed-cost IAM assessment and implementations. Formmi was launched in 2018 with the mission to help organizations create sustainable and effective information security operations. Today, Formmi comprises a team of highly experienced professionals who have implemented and managed processes, programs, and operations in the areas of IAM, operational risk management and cloud enablement. The firm is focused on providing its IAM services to mid-sized organizations in markets including higher education, financial, and banking

Verif-y

To help build mutual trust between clients and their customers with stringent data privacy and security, Verif-y has created the eponymous user-managed digital identity platform. It is designed to integrate the critical features of identity verification on a single platform while maintaining the highest security levels. The Verif-y platform gives the consumers unparalleled control over their own identity documents, professional certifications, accreditations, education verifications, and more. Consumers can store their digital documents in the Verif-y credential wallet, available on the web or mobile platform, where Verif-y’s AI algorithms make the necessary determination regarding the data’s authenticity

Access IS

Access-IS is at the forefront of the development of innovative electronic systems, specialising in image processing, RFID/NFC and contactless EMV payment technology, barcode reading and specialist keyboards to accurately capture and transfer data into electronic systems.Access-IS, part of HID Global, a worldwide leader in trusted identity solutions, is passionate about enabling the world’s population to move around the planet and access services quickly, safely and securely

Acuant

Acuant is a leading global provider of identity verification, regulatory compliance (AML/KYC) and digital identity solutions. The Trusted Identity Platform is powered by AI and human assisted machine learning to deliver unparalleled results and operational efficiency. Omnichannel products provide seamless customer experiences to fight fraud, increase conversions and establish trust in seconds. Securing the most global coverage, Acuant has leading partners in every industry and has completed more than one billion transactions in over 200 countries and territories

ALTR

ALTR’s Data Security as a Service (DSaaS) mitigates the risk of direct access to and consumption of sensitive enterprise data. This is the first service of its kind to embed data access monitoring, governance, and at-rest protection natively at the application layer. By placing security into the critical path of data, ALTR offers a simpler, more effective security model, wherever your data is stored

Axiad

Axiad was founded by industry experts with extensive backgrounds in developing, deploying, and managing identity and access management products. We’ve experienced first-hand the challenges associated with implementing and managing mission-critical identity systems, as well as what enables their success.Delivers an agile, user-centric identity platform helping leaders manage cybersecurity risks, compliance, and operational efficiency for their workforce, partners, and customers

Centrify

Centrify is redefining the legacy approach to Privileged Access Management by delivering multi-cloud-architected Identity-Centric PAM to enable digital transformation at scale. Centrify Identity-Centric PAM establishes a root of trust, and then grants least privilege access just-in-time based on verifying who is requesting access, the context of the request, and the risk of the access environment. Centrify centralizes and orchestrates fragmented identities, improves audit and compliance visibility, and reduces risk, complexity, and costs for the modern, hybrid enterprise. Over half of the Fortune 100, the world’s largest financial institutions, intelligence agencies, and critical infrastructure companies, all trust Centrify to stop the leading cause of breaches – privileged credential abuse

Entrust Datacard

Consumers, citizens and employees increasingly expect anywhere-anytime experiences—whether they are making purchases, crossing borders, accessing e-gov services or logging onto corporate networks. Entrust Datacard offers the trusted identity and secure transaction technologies that make those experiences reliable and secure. Solutions range from the physical world of financial cards, passports and ID cards to the digital realm of authentication, certificates and secure communications

Fischer International Identity

Fischer provides a scalable, convenient and secure authentication framework. Single Sign-On provides convenient one-time login to browser-based applications including multi-factor and stepped up authentication options to increase levels of assurance for higher profile users. We also provide “password-less” authentication, and support SAML 2.0, OAuth, OpenID, CAS, ADFS and other standard SSO protocols

Fortior Solutions

Fortior Solutions is a nationally recognized leader in high-assurance identity management solutions, helping security-conscious organizations reduce risk by quickly identifying who they can trust. It is the largest commercial provider of recognized vendor credentials to the U.S. Department of Defense.The company's RAPIDGate Program serves the government, military and critical infrastructure sectors, fulfilling end-to-end identity management needs and accommodating a wide set of compliance specifications