Saviynt, a leading provider of cloud-native identity and governance platform solutions, announced that its Enterprise Identity Cloud (EIC) platform manages over 50 million identities, making it the largest SaaS platform for Identity Governance and Administration (IGA). Saviynt’s fully converged EIC platform provides a single, unified solution that manages and governs workforce, suppliers, vendors, service accounts, privileged accounts, and critical applications. The EIC platform reduces gaps in identity-based security coverage while also improving organizations’ overall enterprise risk posture and meeting critical compliance requirements.
“As a trusted leader in the identity market, Saviynt is the only enterprise-grade identity management and governance SaaS platform that helps organizations holistically protect their identity perimeter instead of taking a fragmented approach with multiple, disparate point products,” said Sachin Nayyar, CEO and co-founder, Saviynt. “This new milestone is evidence that customers demand a cloud-based converged identity platform that manages both human and machine identities in a cost effective manner. Saviynt takes this responsibility very seriously and EIC provides customers complete data isolation and advanced security capabilities to protect their most critical assets.”
Saviynt’s Enterprise Identity Cloud (EIC) platform is built on Saviynt’s intelligent identity and fine grained entitlement warehouse that uses innovative AI/ML to contextualize and reduce identity-based risk, and intelligently automate the identity lifecycle, certification, and segregation of duty processes. It also provides smart in-line process recommendations that increase effectiveness and reduce total cost of ownership.
The EIC platform includes four modular identity security capabilities:
- Identity Governance and Administration
- Privileged Access Management
- Third-Party Access Governance
- Application Access Governance
“Moving into the cloud can be a complicated task for any organization,” said Tim Mooney, senior director, Infosec, VMware. “But with Saviynt, it was simple because the platform was born in the cloud. We were up and running within months and we’ve been able to integrate 540 applications into the platform. Saviynt is a lot more efficient, and a lot more cost-effective than other IAM solutions in the market, and from a security perspective, the right choice.”
Saviynt EIC secures any identity, any app, and any cloud from a single platform. It integrates and shares contextual risk intelligence with other identity and cybersecurity tools, including SIEM, XDR, EDR, SASE, etc., to enrich threat detection and incident response activities. EIC’s flexible architecture lets customers add capabilities as needed, without having to de- and re-provision applications – allowing customers to onboard applications 70% faster than other legacy providers. Saviynt continues to invest in the platform’s growth with new functionalities including industry analytics and generative AI capabilities.
SOURCE: BusinessWire
