Ping Identity, a pioneer in intelligent identity solutions, announced its partnership with e92cloud. The partnership is a key distribution agreement for Ping Identity in Europe and allows for broader reach in the lower enterprise market following the Ping Intelligent IdentityTM platform’s expansion of cloud-based identity security solutions.
According to a recent Grand View Research report, the global identity and access management (IAM) market size is expected to reach USD 24.12 billion by 2025, at a compound annual growth rate of 13.1% over the forecast period. The proliferation of cloud services and Bring Your Own Devices (BYOD) within organisations has raised concerns and created a growing need for IAM solutions. Together, e92cloud and Ping Identity are able to help meet this market demand.