Thanks to all who attended the live webcast event hosted by Healthcare IT News. Hope you find the discussion and the presentations useful; we look forward to a continued conversation.
Compliance in healthcare has always been an active discussion in the identity management industry and here at Oracle too. So, we were very pleased when Jason W. Zellmer, Director, Strategy and Information Management at Kaiser Permanente Information Security agreed to be on a live panel discussion with us to share his experiences and insights with his peers. Especially after having had a similar role in a financial services organization in the past, his commentary on how acute identity management and compliance needs are in a healthcare organization like Kaiser Permanente was particularly insightful. The live event also allowed us to bring in experts from Kaiser’s identity management implementation partner, PricewaterhouseCoopers as well as Oracle’s own solution expert to provide a 360-degrees perspective on healthcare compliance solution design and implementation for healthcare organizations.
The on-demand webcast replay is now available and so are the slides for download. And, since we didn’t have time to address all the questions we received during the live Q&A portion of the webcast, we have captured responses to the remaining questions here. Please continue to provide us your feedback and insights from your experience in deploying identity compliance solutions.
Q. Could you brief about the OOTB component in ERP for managing SOD checks and how this is effective in the context of integrating with OIM and OIA?
A. Oracle Identity Manager (OIM) and Oracle Identity Analytics (OIA) work seamlessly with OOTB ERP SOD engines like Oracle Applications Access Control Governor (OAACG) to enable both preventative SOD (and IT policy monitoring) checks during the user provisioning process as well as detective and remedial SOD actions.
Q. How are Oracle IDM products flexible with the changing compliance requirements if any?
A. As compliance regulations continue to evolve, standards-based, open Oracle Identity Management solutions allow you to easily configure your workflows in accordance with the changing requirements. And since Oracle Identity Management solutions allow you to externalize security from applications and provide a centralized security platform, organizations can easily adapt to the changing regulatory and compliance landscape without having to rip and replace existing solutions.
Q. Where did you get the 48% IAM cost reduction and 80% productivity boost from?
A. Recently Aberdeen Research conducted a survey comparing cost savings from Platform vs. Point solutions in identity Management and found that organizations choosing products from an integrated stack can save up to 48% long term and achieve better automation and lower administrative costs. Please refer to the Aberdeen paper available for download. The 80% user productivity boost was determined based on the benchmark study conducted for the latest release of Oracle Identity Analytics 11g. Please refer to the recent announcement of availability of enhanced Oracle Identity Analytics.
Q. You referred to an ROI study on Identity Analytics and a model for computing compliance cost savings. Where can I find more information?
A. Forrester Consulting recently conducted a study where they interviewed 4 organizations that had deployed Oracle Identity Analytics to understand the various use cases, cost implications and the results from their respective implementations. Based on these actual studies, Forrester then built an ROI model and calculated aggregated savings for a typical organization. We recommend you refer to the Forrester Study on Total Economic Impact of Oracle Identity Analytics. For an in-person discussion, please email Richard Caldwell.