News Feed Item

Ping Identity Growth Accelerates on Enterprise Demand for Next-Generation Cloud and Mobile Identity Management

Ping Identity®, The Identity Security Company™, today announced its annual bookings grew more than 50 percent for the third consecutive year. The company added more than 200 new customers in 2012, raising its total to nearly 1,000, including 45 of the Fortune 100. As a result of the company’s rapid growth, Ping Identity increased its market share at the expense of traditional identity and access management (IAM) providers in a market IDC estimated grew 11 percent in 2012*. The company also announced it has named Bill Dedrick president to manage business operations as Ping Identity continues its accelerated growth.

“Cloud and mobile infrastructures are making traditional identity and access management software obsolete,” said Ping Identity CEO Andre Durand. “At Ping Identity, we’re building the platform for a new generation of IAM, and we saw some impressive returns last year.”

IDC predicts from 2013 to 2020 “90 percent of IT industry growth will be driven by [technologies] that, today, represent just 22 percent of ICT spending. For a $4.6B IAM market projected to grow $1.5B in the next 3 years, much is at stake.*

In 2012, cloud-based apps became mainstream, mobile technologies empowered the workforce like never before and companies relied heavily on APIs to connect in the digital economy. Ping Identity responded with significant advances in its product line.

The Future of Identity Management

“The future of identity management facilitates trusted interaction among groups of application providers and customers on the Web, through APIs, and from any mobile or desktop screen,” said new Ping Identity President Bill Dedrick. “It requires a cloud identity environment (IDaaS) that bridges to on premises enterprise infrastructure, including local applications, data, legacy IAM technology, and high-reliability data center environments, with identity standards at its core.”

Spanning the Cloud and the Data Center

In 2012, Ping Identity unveiled its standards-based Identity-as-a-Service (IDaaS) for cloud SSO, PingOne™, exceeding 300,000 subscribed users and nearly two million SSO transactions since its launch less than six months ago. In addition, Ping Identity released adaptive federation capabilities in its PingFederate® identity bridge software, allowing businesses to easily extend existing security policies and legacy identity infrastructure to the cloud. The company also launched Ping IdentityBridge for Salesforce on salesforce.com’s AppExchange, announced its PingOne Application Provider Services Free Plan, and released details of its partnership with Criterion Systems on a NSTIC Pilot.

“Ultimately,” said Dedrick, “Ping Identity understands we’re in the business of enabling business advantage for our customers by delivering simple and secure access for their customers and their employees to any application resource from any device at enterprise scale. That’s at the heart of our success for 2012 and why 2013 looks equally promising.”

2012 Market Highlights

Customers, Partners, Employees and Security Thought Leaders

  • 200 new customers selected Ping Identity
    • New customers included Land ‘O Lakes, Palo Alto Networks, DIRECTV and Quest Diagnostics
  • Hundreds of millions of users rely on Ping Identity for customer and workforce identity use-cases
  • At the end of 2012, Ping Identity customers also include:
    • 3 of the 5 largest U.S. health plans
    • 7 of the top 10 global biopharmaceutical companies
    • 4 of the 6 largest U.S. banks
  • 100 new SaaS vendors joined the Ping Identity SaaS Partner Program, growing to 280+
  • New partners included FishNet Security Accuvant, Tempus Nova, CipherCloud and Perspecsys
  • Formed a strategic partnership with Macnica Networks to meet growing demand in Japan
  • Added new offices and staff in EMEA and Asia-Pacific to extend the company’s global reach
  • 450 security thought leaders and IT executives attended the 3rd Annual Cloud Identity Summit
    • Be sure to attend this year’s even bigger event in Napa, Calif., July 8-12


About Ping Identity | The Identity Security Company

Ping Identity believes secure professional and personal identities underlie human progress in a connected world. Our identity and access management platform gives enterprise customers and employees one-click access to any application from any device. Over 900 companies, including 45 of the Fortune 100, rely on our award-winning products to make the digital world a better experience for hundreds of millions of people. Visit pingidentity.com for more information.

*IDC Predictions 2013: Security Products & Services and IDC WW IAM 2011 – 2015 Forecast

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
@DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises - and delivering real results.
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
"We started a Master of Science in business analytics - that's the hot topic. We serve the business community around San Francisco so we educate the working professionals and this is where they all want to be," explained Judy Lee, Associate Professor and Department Chair at Golden Gate University, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...