Leading Analyst Firm Names Aveksa a Leader in Identity and Access Governance

Magic Quadrant Evaluation Based on Completeness of Vision and Ability to Execute

WALTHAM, Mass.--(BUSINESS WIRE)--Aveksa, the leading provider of business-driven Identity and Access Management solutions, today announced that for the second year in a row, it has been positioned by Gartner, Inc. in the “Leaders” quadrant of the analyst firm’s annual “Magic Quadrant for Identity and Access Governance”¹ report.

“Identity and access governance is replacing user administration and provisioning as the new center of gravity for identity and access management”

The new Magic Quadrant report from Gartner identifies the leading providers of Identity and Access Governance (IAG) solutions after a thorough examination of the offerings, differentiators and strategies of vendors in the IAG market. Vendors were evaluated based on their ability to execute and completeness of vision.

In the report, which was published on December 17, 2012, Gartner Analyst Earl Perkins states “Identity and access governance is replacing user administration and provisioning as the new center of gravity for identity and access management”, and “Today, IAG is the fastest growing sector of Identity and Access Management (IAM)”¹, with 2012 growth rates in excess of 35%.

“Gartner’s latest Magic Quadrant report for Identity and Access Governance clearly demonstrates the strategic importance of IAG as enterprises continue to work to optimize access controls for both on-premise and cloud-based applications and data,” said Vick Viren Vaishnavi, president and CEO of Aveksa. “The report also cites the importance of scalability and extensibility in order for IAG solutions to meet rapidly growing end user requirements. Aveksa is very proud to be named a leader in the IAG market, the fastest growing segment of Identity and Access Management.”

Gartner’s recognition of Aveksa as a leader in the Identity and Access Governance market caps another impressive year for the company. In 2012, Aveksa continued its rapid growth by increasing its headcount over 50% which resulted in the company moving to a much larger corporate headquarters. During the year, Aveksa launched several new innovative products including: version 6.0 of its Identity and Access Management platform; MyAccessLive, a new cloud-based version of the company’s IAM solutions; new product capabilities designed to enable enterprises to take a business-driven approach to IAM for data and applications both inside the firewall as well as in cloud environments; and new integrations that enable enterprises to utilize Identity and Access business context across a wider range of IT security areas, such as Security Information and Event Management (SIEM).

¹ Gartner “Magic Quadrant: Identity and Access Governance” by Earl Perkins, [December 17, 2012].

About Aveksa

Aveksa is the leading provider of Business-Driven Identity and Access Management solutions. Through its business-driven approach, the Aveksa platform provides a robust way for organizations to shift the accountability and responsibility for making access decisions away from Information Security, and out to the line of business, while enforcing policies and maintaining oversight. Aveksa achieves this by managing the complete lifecycle of user access to information resources through an automated, continuous process for access request, approval, fulfillment, review, certification and remediation. With Aveksa, IT organizations can reduce Access Management complexity and increase operational efficiency while minimizing risk and ensuring sustainable compliance. Many Global 2000 organizations in financial services, healthcare, retail, energy/utility, telecommunications, transportation, manufacturing and other industries rely on Aveksa to efficiently address their Identity and Access Management demands. For more information, please visit www.aveksa.com.

About Gartner’s Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.