SailPoint provides identity security solutions for enterprises. Its identity governance and administration (IGA) platform, IdentityIQ, allows organizations to manage and secure access to applications, data, and cloud resources across their entire IT infrastructure. IdentityIQ automates user provisioning, access requests, access certifications, and policy enforcement, ensuring that users have the appropriate level of access based on their roles and responsibilities.
IdentityIQ integrates with various enterprise systems, including cloud, mobile, and on-premises applications, through connectors and APIs. This integration allows for synchronized user access management across the organization's technology landscape. The platform's key components include, 1)Identity Cube, a centralized repository for user identities and access rights, 2)Policies for enforcing organizational and regulatory standards, 3)Workflows for automating identity-related processes, and 4)Tasks, scheduled or event-driven processes for executing specific activities).
SailPoint's identity governance solution helps organizations streamline audit and compliance processes, enhance security posture, and improve operational efficiency. It offers features such as role-based access control (RBAC), separation of duties (SoD) enforcement, password management, and compliance reporting. The platform leverages AI and machine learning (ML) capabilities to automate tasks, analyze identity data, and assist in determining appropriate access levels.
In August 2022, SailPoint was acquired by Thoma Bravo in an all-cash transaction valued at ~USD 6.9 billion. Subsequently, it was delisted from the New York Stock Exchange.
Key customers and partnerships
SailPoint has established partnerships with various technology companies and has a strong customer base spanning multiple industries. Some notable customers are General Electric, Vodafone, ADP, and Western Union. SailPoint has also formed a partnership with Circle Security, a decentralized threat prevention platform, to enhance the security offerings for its customers.
SailPoint actively collaborates with industry leaders, such as Cisco and Rapid7, to expand its identity security solutions and integrate with their respective products and services. The company maintains a partner ecosystem, including managed security service providers (MSSPs) and resellers, to facilitate the deployment and adoption of its identity governance solutions across various market segments.
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