A
new ESG Research Survey sponsored by JumpCloud, "Trends in IAM: Cloud-driven
Identities", shows that 97% of organizations plan to expand, or continue
existing spending levels on identity and access management (IAM), a market
forecasted to reach $13B in 2021. The spike in spending is driven by the rise
of remote work and growing complexity of securely managing multiple types of
end user devices, applications, storage systems, and networks. IT teams are
struggling with the plethora of piecemeal extensions required to secure and
manage user identities across every needed resource. The new study underscores
the need to simplify identity, access, and device management through
consolidation of disparate security tools.
"Organizations
of all sizes are converging their IAM strategy to better secure and connect
their users, something that has been a challenge due to the number of tools
these teams are having to manage," said Doug Cahill, vice president and group
director of cybersecurity at ESG. "The trend away from siloed approaches is
only going to become more common."
ESG's
Cahill and JumpCloud's co-founder Rajat Bhargava will be hosting a webinar on
the study, "2021 State of IAM and Security: Opportunities and Threats" on
Tuesday, October 13 at 8:00 am PT/11:00 am ET. The webinar will address
security readiness for a remote work environment, including the biggest identity
and access management challenges and security threats introduced by different
levels of cloud services (SaaS, Iaas, PaaS). Registration is available here.
The
JumpCloud-sponsored ESG survey found:
- Growing IAM spending: 97% of organizations plan to
expand, or continue existing spending levels, on identity and access
management (IAM). 77% are going to increase spending, while 20% plan to
keep IAM spending at the same level.
- Vendor consolidation in IAM: Almost half (49%) of respondents
said they plan to consolidate IAM controls, using fewer security vendors.
- Demand for new policies and
technologies: 80%
of respondents agree that a new set of IAM policies and technologies are
needed to manage the access of cloud applications, existing applications,
infrastructure, and DevOps tools.
Biggest IAM challenges: When asked about the
biggest IAM challenges created by cloud services, respondents said the three
biggest challenges were 1) "maintaining security consistency across our own
data center and public cloud environments" (33%); 2) "an increase in remote
users as a result of the coronavirus pandemic requires access to a diverse
range of applications" (32%), and 3) "the use of cloud applications to share
data with external third parties increases risk" (24%).
"This
new research validates JumpCloud's approach of building a single, cloud based
directory platform that lets IT securely manage identities, devices, and access
from a single pane of glass," said Bhargava. "In the past six months, more and
more businesses have moved to JumpCloud to consolidate directories, SSO, and
other key elements of IAM."