Saviynt Enterprise Identity Cloud 

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Additional Info

Company (that provides the nominated product / solution / service)Saviynt
Company size (employees)500 to 999
Type of solutionCloud/SaaS

In 3 bullets, summarize why this product or service is different from the competition and deserves recognition:

- Although competing directly with larger, more established public companies in the space, Saviynt has emerged as an industry leader because of its cloud-first approach and converged identity platform offering. Integrating the likes of IGA, PAM, granular application access, cloud security and cloud access, Saviynt helps to secure the entire business ecosystem.

- The company has removed the complications often associated with traditional identity governance solutions and created a frictionless user experience, helping customers accelerate cloud initiatives and solve security and compliance challenges in record time.

- Saviynt's solution integrates risk data sourced from throughout an organization’s ecosystem. It leverages intelligent analytics to gain insight from the data and ensure each access decision is based upon the full risk portrait of an identity. This also includes compliance risk, as Saviynt provides an industry-unique catalogue of out-of-the-box Segregation of Duty and other controls to help organizations quickly meet existing, new, and future compliance mandates and standards such as SOX, PCI, HIPAA, NERC/CIP, CIS and NIST.

Brief Overview

Digital transformation positions enterprises for future growth, increased customer retention and overall improved operations. However, modernizing an organization’s business processes does not come without challenges. Cloud deployments create security issues because of increased data access points, users, and privileged accounts. Meeting modern needs requires modern identity management and governance solutions that can scale with a business without compromising security or compliance in the process.

The Saviynt Enterprise Identity Cloud enables organizations to secure all critical applications, data, and infrastructure across cloud, hybrid, and on-premise environments within a single platform. Leveraging the capabilities provided by modern elasticity, and analytics, Saviynt goes beyond legacy identity management and offers an intelligent approach to continuous monitoring and management across the identity governance and administration lifecycle. With Saviynt, customers can cost-effectively manage identity access, understand end user behavior, and mitigate issues quickly when they arise.

This is crucial, as the accumulation of identity-related data is radically expanding. It started with traditional employees, vendors, contractors, customers and partners, but has quickly grown to include silicon entities like IoT devices, bots, service accounts, RPA, workloads, and more. These new identities need access to enterprise data stored across multi-cloud environments which include on-premise, SaaS and DevOps deployments. This, coupled with the shift towards remote work, has exacerbated security and compliance concerns for organizations in every industry. Saviynt’s Enterprise Identity Cloud gives today’s enterprises greater visibility and control throughout the identity lifecycle, supporting a more efficient approach towards risk management and mitigation.

A recent Forrester Total Economic Impact™ (TEI) study concluded that with Saviynt Enterprise Identity Cloud, organizations can save $34.4 million over three years and achieve a 240% ROI through increased operational efficiency and resource allocation, automation of business workflows, and decreased risk.