Proven modernization journeys for Oracle IAM Suite customers

Identity and Access Management (IAM) is one of the top priorities of most organizations today. If we consider industry spend as one of the indicators of priority, Gartner® forecasts¹ worldwide spending on information security and risk management technology and services to grow 12.4% to reach $150.4 billion in 2021. Security and risk management spending grew 6.4% in 2020. Specifically, identity access management spending is expected to grow by 15.6% in 2021. 

This strong growth stems from businesses and governments digital transformation needs and their growing reliance on identity infrastructure to adopt and manage change. For example, managing the demand for remote worker technologies accelerated by global events that have created greater flexibility for employees. Companies are constantly evolving their use of technologies like Cloud, Mobile, Social, Big Data and IoT as part of their transformation journey. And with that, the definition of physical and logical boundaries is getting increasingly blurred. Without clear boundaries, firewalling access becomes a challenge. As a result, organizations are forced to adopt stricter access controls and not trust anyone by default, even those already inside their network perimeter. The risks of not modernizing the security and identity infrastructure are far too grave and costly for organizations as we have seen from the many highly publicized security breaches and ransomware incidents. Compliance and regulatory requirements are also continuously evolving. Companies are exploring effective ways to manage transformation and many see the opportunity to modernize their identity infrastructure to strengthen security.

Over the years, Oracle customers have become adept at leveraging Oracle identity and access solutions for their myriad business modernization needs. This experience combined with innovations in Oracle’s latest identity and access solutions, unmatched deployment choices ranging from cloud-native, hybrid, and on-premises, and an upgrade factory to plan and execute the modernization journey, offer Oracle customers a short and economical path to modernize their IAM solution.

Oracle identity and access solutions deliver a proven platform that helps secure billions of identities every day. It is:

• Built for digital transformation at the speed and scale of our customer’s business
• Built for defense in depth from endpoint to infrastructure and everything in between
• Built-in automation and intelligence to enforce and govern principles of least privilege
• Built on open and industry standards for supportability and regulatory compliance
• Built for intuitive experiences and insights for users and administrators
• Built for choice - what customers buy, how they buy, how & where they run

The latest innovations in the Oracle Identity and Access Management Suite (Oracle IAM Suite) are geared towards further strengthening the organization’s security and risk posture, reducing TCO with simplification and flexibility, eliminating risk of running unsupported software and increasing ROI on Oracle solutions.

We recently hosted a webcast on modernization for our current Oracle IAM Suite customers and shared exciting announcements around our release of containers, microservices, feature enhancements, roadmap, and an extension on our premier support timeline for Oracle Identity and Access Management 12c. Customers found the information helpful and it was exciting to see the alignment of Oracle’s value proposition and their IAM modernization needs. The webcast is now available on-demand and I encourage our customers who may have missed the live event to take a listen.

Our customers say:

Before I wrap up this post, I want to reiterate that our customers deserve choice for their IAM modernization journey and we’re confident in our ability to provide the most appropriate solution to address their unique situation. We are extremely confident in Oracle’s ability to address virtually any IAM requirements across functional areas, deployment models, user types, targets, geography, and size of business. Time is ticking. To get started on your short and economical path for Oracle IAM Suite modernization, please contact us for a meeting or connect with your Oracle sales or support representative. And in the meantime, here are some additional resources to learn more about Oracle IAM and to accelerate your modernization journey.

• Product tours Oracle Identity Governance | Oracle Access Management | Oracle Identity Cloud Service | Oracle Directory Services
• Oracle Identity and Access Management Website
• On-demand webcasts
• Hands-on workshops
• Security blog
• Oracle Security Linkedin page
• Oracle Security Twitter page
• Oracle Security Facebook page

¹Gartner Press Release, Gartner Forecasts Worldwide Security and Risk Management Spending to Exceed $150 Billion in 2021, May 17, 2021.
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