Mounting data show that organizations are rushing to adopt and modernize their identity and access management systems. According to Gartner, converged IAM platforms will constitute more than 70% of new access management deployments by 2025. The benefits of converged IAM are abundant:
- Incorporates multifactor authentication
- Provides robust diagnostic, predictive, and prescriptive analytics capabilities
- Can save organizations millions in software licensing costs
- Leverages scalability, convenience, security, and cost-effectiveness of the cloud
