Over the course of 4 days and almost 125 sessions at the Gartner Catalyst Conference, identity playing a central role in enterprise security was an omni-present theme. One slide, in particular, stuck out to me during the many sessions I joined at the event. It stated that $80 billion was spent last year on security, yet 66% of companies still experienced a known breach. With this fact acknowledged, the conference sought to move the needle in delivering better results. Sessions focused on utilizing artificial intelligence (AI) to gain real-time insights from ever expanding data streams and ensuring that cloud-based applications are even more secure than legacy on-premise applications.
Other key takeaways I gathered from the conference are captured below. If you were at the event, I’d welcome your feedback and takeaways in the comments at the end of this post.
The future of advanced analytics and machine learning is now: Big data has become a big problem, and machine learning is stepping up as the answer. Next year, it is estimated that 50% of the newest versions of enterprise software products will include AI capabilities. Security stands to be a big beneficiary of this technology and the introduction of products like IdentityAI are leading the way in using data intelligently to secure an ever-expanding attack surface. While many of these technologies still have a human in the loop, the next wave of AI is predicted to enable bi-directional machine-to-machine communications that will remove human interaction completely, autonomously acting based on the highest probability for success.
The march to cloud: In the IAM space, there is currently a massive movement to the cloud as evidenced by a Gartner survey conducted last year in which 15% of respondents said they have their primary IAM system in the cloud. This year, that number is expected to grow to 22% and next year it is predicted to be 28%. This points to clear velocity in cloud adoption. However, there was also clear acknowledgment that cloud is not a panacea for all company ills, IAM related or otherwise, and that hybrid infrastructures are going to be the way forward for the foreseeable future.
It was stated that there are 5 billion new users coming online in just the next 7 years. These people will be customers and/or employees in the global economy. This means that at least 5 billion additional identities will need to be securely created and managed. Leveraging the intelligent insights generated by AI coupled with the scalability and efficiencies of the cloud, SailPoint is taking an active role enabling this future.