Welcome!

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

Accolades

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
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...
Intelligent Automation is now one of the key business imperatives for CIOs and CISOs impacting all areas of business today. In his session at 21st Cloud Expo, Brian Boeggeman, VP Alliances & Partnerships at Ayehu, will talk about how business value is created and delivered through intelligent automation to today’s enterprises. The open ecosystem platform approach toward Intelligent Automation that Ayehu delivers to the market is core to enabling the creation of the self-driving enterprise.
"At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
As more and more companies are making the shift from on-premises to public cloud, the standard approach to DevOps is evolving. From encryption, compliance and regulations like GDPR, security in the cloud has become a hot topic. Many DevOps-focused companies have hired dedicated staff to fulfill these requirements, often creating further siloes, complexity and cost. This session aims to highlight existing DevOps cultural approaches, tooling and how security can be wrapped in every facet of the bu...
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., discussed how these tools can be leveraged to develop a lasting competitive advantage ...
Docker containers have brought great opportunities to shorten the deployment process through continuous integration and the delivery of applications and microservices. This applies equally to enterprise data centers as well as the cloud. In his session at 20th Cloud Expo, Jari Kolehmainen, founder and CTO of Kontena, discussed solutions and benefits of a deeply integrated deployment pipeline using technologies such as container management platforms, Docker containers, and the drone.io Cl tool. H...
In his session at @ThingsExpo, Dr. Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, presented the findings of a series of six detailed case studies of how large corporations are implementing IoT. The session explored how IoT has improved their economic performance, had major impacts on business models and resulted in impressive ROIs. The companies covered span manufacturing and services firms. He also explored servicification, how manufacturing firms shift from se...
Connecting to major cloud service providers is becoming central to doing business. But your cloud provider’s performance is only as good as your connectivity solution. Massive Networks will place you in the driver's seat by exposing how you can extend your LAN from any location to include any cloud platform through an advanced high-performance connection that is secure and dedicated to your business-critical data. In his session at 21st Cloud Expo, Paul Mako, CEO & CIO of Massive Networks, wil...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, will provide a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to ...
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
SYS-CON Events announced today that CAST Software will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CAST was founded more than 25 years ago to make the invisible visible. Built around the idea that even the best analytics on the market still leave blind spots for technical teams looking to deliver better software and prevent outages, CAST provides the software intelligence that matter ...