Frost & Sullivan’s 2008 Identity Management Innovation Award Recognizes SailPoint IdentityIQ for Risk-based Approach to Identity Governance
Austin, Texas, Sept. 16, 2008 – Frost & Sullivan has named SailPoint Technologies as the recipient of its 2008 North American Identity Management Technology Innovation of the Year award. The Frost & Sullivan’s Technology Innovation Award honors a company expected to bring significant contributions to the industry in terms of adoption, change, and competitive posture. SailPoint was recognized for its innovative approach to developing an identity management solution that efficiently addresses regulatory compliance issues.
According to Frost & Sullivan, “SailPoint’s IdentityIQ represents a comprehensive identity risk management solution that leverages a business intelligence approach to quantify risk associated with users and processes. Most identity management solutions do not take into consideration business roles and workflow requirements. Disconnect between the enterprise information technology unit and the operating business unit hinders efficiency as well as the requirements of regulatory compliance. SailPoint Technologies has addressed such challenges by incorporating identity governance techniques along with a risk-based approach into its identity management solution known as IdentityIQ.”
SailPoint’s IdentityIQ 3.0 is an identity governance solution that uses “identity intelligence” – advanced data mining and analytics – to give enterprises the business insights needed to monitor and control user access across departments, business units and geographies. The product combines business roles and policies with technical data mined from across the IT environment, providing meaningful, business-relevant identity information in easy-to-read reports and dashboards. SailPoint announced version 3.0 of IdentityIQ at last week’s Digital ID World Conference (see release, “SailPoint IdentityIQ 3.0 Allows Global Companies to Reduce Security and Compliance Liabilities”).
“SailPoint Technologies has created an innovative identity management and compliance solution that integrates identity governance techniques with a risk-based approach. This solution addresses the challenges in maintaining and managing a large number of users and their entitlements,” said Zachariah Thomas, Industry Analyst with Frost & Sullivan’s Technical Insights Research Group.
To choose the award recipient, Frost & Sullivan’s analyst team conducted a thorough evaluation of the identity management market, including extensive primary and secondary research. The analysts also considered the pace of technology innovation and the significance of the innovation to the overall industry.