NOVATO, Calif.--(BUSINESS WIRE)--Despite unprecedented economic challenges in 2020, Radiant Logic has maintained its profitable growth trajectory, achieving record projected annual revenue of $40 million, and is on track to mark over 50% growth year-over-year. RadiantOne, the company’s identity integration platform, combines the flexibility and richness of virtualization with the power of a synchronization engine and the scale of a big-data directory.
The company’s new customer base includes heavyweight agencies in the defense sector, healthcare conglomerates, and major financial services and banking enterprises, among other Fortune 500 companies. These customers purchased RadiantOne to power identity integration for new application deployment, enable access for the remote workforce, support mergers and acquisitions, and a number of other high-value IAM projects.
“The unexpected turns of this year were like nothing we’ve ever seen before,” says Michel Prompt, Radiant Logic Founder and CEO. “It’s a time that calls for unprecedented flexibility in the identity infrastructure, which is exactly where Radiant Logic plays. We saw a number of customers enable remote work more smoothly thanks to the identity integration layer they had already implemented to support other initiatives.”
This year, Radiant Logic customers chose RadiantOne FID for identity integration projects across the IAM spectrum, including identity governance and synchronization to the cloud, access management, and customer-facing deployments.
"TechVision Research has been alluding to Identity as the new security perimeter for several years now,” says Doug Simmons, Principal Consulting Analyst and Managing Director at TechVision Research. “The pandemic certainly enlightened many of our customers as to the importance of run-time accessible, secure identity information in order to establish logical security 'perimeters' based on that information. Radiant Logic has always been at the forefront of identity data aggregation, transformation and real-time consumption. In many ways, their solution makes it possible for companies to continue to flourish in the 'new normal.'”
Customers to Share Success at Virtual Customer Advisory Board Meeting
On December 10, over 100 enterprise and public-sector Radiant Logic customers will gather virtually to share best practices, answer questions, and explore use cases. Company leadership will present the product roadmap, preview the upcoming 7.4 release, and demo new features. A panel of customers will then present how they are using RadiantOne to solve enterprise-grade identity integration issues.
About Radiant Logic:
As the market-leading provider of federated identity systems based on virtualization, Radiant Logic delivers simple, standards-based access to all identity within an organization. The RadiantOne FID federated identity and directory service enables customizable identity views built from disparate data silos—along with scalable sync and storage—to drive critical authentication, authorization, and provisioning decisions for WAM, federation, cloud, and cloud directory deployments. Many Fortune 1000 companies rely on RadiantOne FID to deliver quick ROI by reducing administrative effort, simplifying integration and storage, and building a flexible infrastructure to meet changing business demands. For more information, visit www.radiantlogic.com