Aerospace, Defence and Security Frost Radar™: Workforce Identity and Access Management, 2024

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

SECTOR
Security

RELEASE DATE
15-May-2024
REGION
Global
DELIVERABLE TYPE
Frost Radar

RESEARCH CODE
PF43-01-00-00-00
SKU
AE_2024_727
Yes
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Frost Radar™: Workforce Identity and Access Management, 2024
Published on: 15-May-2024 | SKU: AE_2024_727

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As part of Frost & Sullivan’s ongoing research on cybersecurity, analysts conducted a deep dive into the workforce identity and access management (IAM) industry. Frost & Sullivan defines workforce IAM as a framework that controls and manages identities, access, and policies for employees, gig workers, partners, and vendors across IT infrastructures to protect enterprises from unauthorized and potentially harmful security breaches. In an environment in which cybersecurity is one of the highest priorities for all enterprises, challenges are accentuated by constant changes in rules and regulations, new threats, and the lack of resources. IAM faces similar challenges as enterprises struggle to maintain a robust security profile given high complexity, silos, multiple stakeholders, and lack of compatibility among different systems. Organizations must unravel the complexities of their workforce IAM requirements based on budget, type of worker, regulations, geographic location, growth plans, and partners before they can identify the best fit. Vendors’ growth and innovation plans must align with their own before they can invest in a solution or upgrade to include more sophisticated capabilities. Sometimes very little differentiates providers, which is why decision makers must utilize a sandbox or deploy in an isolated environment to measure effectiveness. While rapid implementation is imperative, hasty decisions will make the organization more vulnerable. Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their performance, approach to the market, leadership, and other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths. The 10 selected companies excelled across a range of parameters such as consistent commitment to research and innovation, focus on megatrends, product portfolio, customer satisfaction, growth and partnership strategies, and vision.

Workforce Identity and Access Management 2024

  • Workforce Identity and Access Management

Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform

Growth Index

Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.

  • Market Share (previous 3 years)
    This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years.
  • Revenue Growth (previous 3 years)
    This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™.
  • Growth Pipeline
    This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities.
  • Vision and Strategy
    This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision?
  • Sales and Marketing
    This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.

Innovation Index

Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.

  • INNOVATION SCALABILITY
    This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals.
  • RESEARCH AND DEVELOPMENT
    This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline.
  • PRODUCT PORTFOLIO
    This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue.
  • MEGATRENDS LEVERAGE
    This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline.
  • CUSTOMER ALIGNMENT
    This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.

Significance of Being on the Frost Radar™

Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.

  • GROWTH POTENTIAL
    Your organization has significant future growth potential, which makes it a Company to Action.
  • BEST PRACTICES
    Your organization is well positioned to shape Growth Pipeline™ best practices in your industry.
  • COMPETITIVE INTENSITY
    Your organization is one of the key drivers of competitive intensity in the growth environment.
  • CUSTOMER VALUE
    Your organization has demonstrated the ability to significantly enhance its customer value proposition.
  • PARTNER POTENTIAL
    Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.

Have questions about this research or need deeper insights?
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As part of Frost & Sullivan s ongoing research on cybersecurity, analysts conducted a deep dive into the workforce identity and access management (IAM) industry. Frost & Sullivan defines workforce IAM as a framework that controls and manages identities, access, and policies for employees, gig workers, partners, and vendors across IT infrastructures to protect enterprises from unauthorized and potentially harmful security breaches. In an environment in which cybersecurity is one of the highest priorities for all enterprises, challenges are accentuated by constant changes in rules and regulations, new threats, and the lack of resources. IAM faces similar challenges as enterprises struggle to maintain a robust security profile given high complexity, silos, multiple stakeholders, and lack of compatibility among different systems. Organizations must unravel the complexities of their workforce IAM requirements based on budget, type of worker, regulations, geographic location, growth plans, and partners before they can identify the best fit. Vendors growth and innovation plans must align with their own before they can invest in a solution or upgrade to include more sophisticated capabilities. Sometimes very little differentiates providers, which is why decision makers must utilize a sandbox or deploy in an isolated environment to measure effectiveness. While rapid implementation is imperative, hasty decisions will make the organization more vulnerable. Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their performance, approach to the market, leadership, and other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar . The publication presents competitive profiles of each company on the Frost Radar considering their strengths and the opportunities that best fit those strengths. The 10 selected companies excelled across a range of parameters such as consistent commitment to research and innovation, focus on megatrends, product portfolio, customer satisfaction, growth and partnership strategies, and vision.
More Information
Deliverable Type Frost Radar
Author Deepali Sathe
Industries Aerospace, Defence and Security
No Index No
Is Prebook No
Keyword 1 Identity Management Market
Keyword 2 Workforce Access Management
Keyword 3 Market Trends Identity Management
Podcast No
WIP Number PF43-01-00-00-00

Frost Radar™: Workforce Identity and Access Management, 2024

$4,950.00

Special Price $3,712.50 save 25 %

In stock
SKU
AE_2024_727