IAM or identity and access management is the system operated by businesses (healthcare, finance etc.) and organizations to permit or deny access to the companys secure systems. Cloud IAM functions by integrating the specific companys work flow system and aids in ensuring that the security systems are in place and running smoothly. There are several advantages to integrating the cloud IAM such as being able to link protocols, policies and procedures so that there is assurance of work productivity and compliance of best practice standards, therefore allowing a reduction in the IT staffs workload.
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The key driving factors for the growth of cloud IAMs market size growth are the increasing number of cyber-attacks and therefore there is a subsequent growing demand for cloud services. The increasing trend of bring your own device (BYOD) and government compliances also drive the cloud IAMs market size to grow. Factors that restrain the cloud market size include the lack of awareness concerning cloud services and the concerns for data security and privacy in cloud.
Competitive Landscape:
The major players in the market are as follows:
CA Technologies
Sailpoint Technologies Inc.
IBM Corporation
Onelogin Inc.
EMC Corporation
Ping Identity Corporation
Intel Corporation
Centrify Corporation
Microsoft Corporation
Okta
Dell Inc.
Oracle Corporation
Hewlett Packard Company
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