Washington, D.C. (PRWEB) March 17, 2014
Thycotic Software, provider of smart and effective privileged account management solutions for global organizations, today announced that it has been favorably positioned in a new report issued by analyst firm KuppingerCole. In the report, “Privilege Management Leadership Compass,” the independent analyst firm gave Thycotic Software high ratings in the Overall Leader, Product Leader and Innovation Leader segments, based on the company’s product features, functionality, and preparedness for future requirements from customers.
The KuppingerCole “Privilege Management Leadership Compass” evaluates the market reach, product capabilities and innovation of vendors in the privileged identity management market segment. Commonly known as the “weakest link” by IT security administrators, privileged accounts encompass a wide array of enterprise systems, networks and databases; in the wrong hands, access to these accounts can be devastating. With more organizations demanding comprehensive privileged management solutions, the KuppingerCole Leadership Compass gives businesses a summary of the leading vendors in the market to help them make better informed investment decisions.
“As we move towards a more risk-based approach to information security, we see auditors focusing increasingly on who can gain access to the organization’s ‘crown jewels’ and, more importantly, how,” noted Martin Kuppinger, founder at KuppingerCole. “Thycotic is a very interesting and ‘young minded’ vendor, in that they focus very much on features supporting the emerging platform. Further, Thycotic offers a full-fledged privileged management platform ready for global enterprises. This has earned them a place as a leader in innovation from our point of view.”
“Recognition of our innovation by KuppingerCole is a testament to our emphasis on creating tools that remove the complexities often associated with privileged account management,” said Jonathan Cogley, founder and CEO of Thycotic Software. “Our position as a leader in the market validates our approach to delivering solutions that IT organizations can implement quickly and leverage on a daily basis to help them better protect company secrets.”
Thycotic Software will showcase Secret Server’s capabilities live at Interop Las Vegas, March 31-April 4, 2014 at the Mandalay Bay Convention Center. For a one-on-one demonstration, visit show booth number 1959, or visit http://www.thycotic.com/products_secretserver_overview.html.