Frost and Sullivan’s report points out that cross-platform visualization, advanced analytics, and portable biometric technology, will give a huge boost to IDaaS adoption rates
Frost & Sullivan recently released a report titled, Technologies Empowering Future of Identify Management which pointed towards increasing trend in adoption of Identity as a Service (IDaaS) to combat challenges to identity and access management (IAM) at work.
The rising adoption of Platform as a Service (PaaS) and Software as a Service (SaaS) cloud-based solutions, has raised the bar for IDaaS within the identity and access management (IAM) space.
However, IAM solution providers need to ensure IDaaS is mobile friendly to attract the attention of enterprises. Due to the growth of mobile computing, IT teams have less visibility into and control over employees’ work practices. Cross-platform visualization and advanced analytics, as well as portable biometric technology, will give a huge boost to IDaaS adoption rates, finds the Frost & Sulivan’s TechVision team.
“Biometric authentication is a key area that is experiencing significant technology development, especially with regard to accuracy levels of validation and flexibility of usage,” noted Frost & Sullivan TechVision Industry Analyst, Swapnadeep Nayak.
“Analytics is also growing rapidly due to the emergence of futuristic solutions like neural networks and machine learning,” he added.
IDaaS strikes a balance between on-premise identity and cloud identity as well as its management. It reduces the expenses involved in extending on-premise solutions to the cloud as these modules can be applied to the resources that are in the cloud and on-premise.
Vendors are realizing and taking advantage of IDaaS that adds an extra layer of protection to the overall authentication network by assisting with regulatory compliance
Emerging services like Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) are contributing heavily to the growth of IAM technologies. A Gartner report pointed that by 2019 40% IDaaS proceeds will amass to PaaS providers.
Challenges faced by IAM
Frost & Sullivan analysis shows that IAM faces challenges more from business as compared to technology. Segments such as administration, authentication, and auditing are developing technologies to improve service accuracy and cost efficiency.
Another challenge is from BYOD (Bring-Your-Own-Device) where employees, contractors bring in their personal devices and connect to the corporate network for professional and personal reasons. That calls for a secure solution, to grant and revoke access to corporate applications on employee- and corporate-owned mobile devices based on corporate guidelines or regulatory compliance.
With the growth of cloud-based (SaaS) applications, users now have the power to log into critical business apps using any device at any place. Managing user identities for those applications is very complex without a seamless way to access them. An employee’s login credentials and the identity management as a whole can protect a company’s assets from hacking and possible misuse by hackers.
IDaaS protects against such instances and allows companies to be in tune with industry regulations.
One of the best IDaaS providers is IBM Cloud Identity Service which is ranked at the top worldwide by analyst firm Ovum in its 2017 IDaaS Decision Matrix report. As per the report, IBM leads the way because it supports a complete range of identity management, web access management, and federated identity management services, which is further complemented by its global reach.