Next generation solutions

Reduce costs by choosing innovative and flexible tools which are cloud born, offer low code/no code solutions. These solutions should be compatible with integration and deployment with cloud, on-premise and hybrid environments and should offer multiple deployment models.

Ensure your IAM solution offers end-to-end Identity protection with flexibility to leverage existing tool-sets. The key areas are Identity and Privilege Access Management, Cloud Access Governance, Orchestration and Automation via RPA and Identity Threat Detection and Response.

Improve time to realize value

IAM products integrate with many on premise and SaaS applications. It is important that your IAM products come with extensive list of pre-built connectors which seamlessly integrate and are easily configurable so that time to realize value is greatly reduced.

Reduce License and Maintenance costs by Tool Consolidation

Convergence of IAM capabilities is happening rapidly across the Industry, product leaders who were once a point solution are rushing to fill the gaps. However, this has only increased complexity, license fees, Implementation and maintenance costs to the customer. The best way to reduce costs is to find right tools that are light weight and offer converged capabilities for example a single product for Identity governance and Administration (IGA), Privilege Access Management(PAM) and Cloud Infrastructure and Entitlements Management (CIEM) would reduce costs significantly while controlling key access challenges.

Improve Operational efficiency through Detection, Automation and Response

Identity Security Orchestrate Automate and Respond (SOAR), Security Information and Event Management (SIEM) capabilities: A lot of innovation happened in these areas, for example AI/ML powered solutions can reduce Splunk consumption costs by up to 50%. Robotic Process Automation (RPA) enabled SOAR solutions can reduce operational costs by enabling rapid automation. Identity Threat Detection and Response (ITDR) solutions enable continuous monitoring by detecting Idenity- related threats and vulnerabilities like malicious idenity and privileges activity, misconfigurations, unauthorized accounts and excessive privileges.

Savings through Trusted Partner

A trusted partner with right experience and technology relationships who can offer right mix of people, process and technology as per unique needs for example customers can benefit by outsourcing day to day security operations work through Managed services. Lastly, the vendor should strive towards empowering customers take control over IAM program while strengthening their security posture.

Learn more about the services MaygID offers by clicking here.