a good thing!
Ping Identity Accelerates Disruption of Legacy Web Access Management Solutions as More Enterprises Embrace Cloud and Mobility
Las Vegas, NV — December 8, 2015
Ping Identity®, the leader of Identity Defined Security, today announced growing momentum and customer adoption of PingAccess, a comprehensive solution to transition from legacy web access management (WAM) products to connect users, applications and partners across modern web, mobile and API architectures.
Ping Identity is at the Gartner Identity and Access Management Summit this week in Las Vegas. Patrick Harding, chief technology officer at Ping Identity, will present a session with Ranjan Jain, security architect at Cisco, titled “Securing and Streamlining Your Partner Ecosystem” on Wednesday, December 9 at 10:30 a.m. PT. Attendees can visit Ping Identity’s booth #212 for a product demo and to learn more about the company’s leadership in Identity Defined Security, including its strategy to provide modern access management in web, mobile and API architectures.
For nearly two decades, web access management products have been a core component of enterprise architectures for managing access to web applications and APIs. These legacy solutions, based on 15-year-old technology, lack the flexibility required of today's modern cloud, mobile and federated enterprise. This has forced enterprises to consider new technologies to enable secure access while consistently enforcing policies wherever users are located, regardless of device or where the applications are deployed.
PingAccess, a lightweight and modern alternative to legacy WAM products, has been architected to meet these emerging challenges. Built on open identity standards such as SAML, OAuth and OpenID Connect, PingAccess can be quickly deployed anywhere -- in the data center, Amazon Web Services, Microsoft Azure or Google Cloud to enable web access control, single sign-on, API security and dynamic session management.
The market has clearly responded to Ping Identity’s approach, as PingAccess now accounts for more than 20 percent of the company's sales, with much of this demand coming from global banks, healthcare, telecom and transportation enterprises.
“We've entered a time of digital transformation where everyone and everything is connected. We believe identity is at the core of securing this modern, hyper-distributed enterprise,” said Andre Durand, CEO and founder, Ping Identity. “We’re excited by the acceptance of PingAccess, and our commitment to innovation has never been stronger. As legacy web access management products fail to meet the needs of the new cloud and mobile first architectures, we will continue to push the boundaries of Identity Defined Security to enable dynamic access control for increased security and business agility.”
Ping Identity’s Identity Defined Security platform offers workforce, partner and customer solutions that enable secure identity access control and manage configuration and administration of identity. More than 1,500 enterprises rely on Ping Identity to deliver secure access to more than 1.3 billion identities, and the demand for these diversified solutions is growing quickly. Less than one year ago, 95 percent of Ping Identity’s revenue came from single sign-on capabilities, but today more than one-third of revenue is derived from Ping Identity’s new multi-factor authentication, secure access control and cloud directory solutions. Fifty percent of the Fortune 100, one-quarter of the Fortune 500 and the largest brands in financial services, healthcare and other highly regulated industries are Ping Identity customers.
Cloud Identity Summit 2016: New Orleans, June 6-9
Once again the leading vendors and experts in identity will gather for the next Cloud Identity Summit (CIS 2016) which takes place June 6-9, 2016 at the New Orleans Marriott. Enterprise leaders attending the conference can expect to better understand the role of identity in their security strategy or how to leverage existing investments. CIS will bring more than 1,000 industry thought leaders, CIOs, CISOs and IT practitioners together to discuss emerging trends and new developments that affect how identities are secured as new technologies shape the modern workplace. Early registration is currently open.
About Ping Identity | The Identity Defined Security Company
Ping Identity is the leader in Identity Defined Security for the borderless enterprise, allowing employees, customers and partners access to the applications they need. Protecting over one billion identities worldwide, the company ensures the right people access the right things, securely and seamlessly. More than half of the Fortune 100, including Boeing, Cisco, Disney, GE, Kraft Foods, TIAA-CREF and Walgreens, trust Ping Identity to solve modern enterprise security challenges created by their use of cloud, mobile, APIs and IoT. Visit www.pingidentity.com.
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