Is identity management really required – this question no longer arises for many companies. The use of Identity Management has become a fundamental functional requirement in every organization, that has a digital presence of any form. This realization stems from the fact that customer identities and related personal data are considered the most valuable assets, that help companies take data-driven marketing and other business decisions. Companies have myriads of options when it comes to choosing the perfect identity and access management solution. Organizations have various options to choose from – Either build a proprietary identity solution with available in-house expertise or adopt a commercially available off-the-shelf cloud-based solution that would satisfy all the business requirements.
Many times, the advantages of opting for a readily available identity management system outweigh those of creating such a solution from scratch. The major benefits include:
- Technical Expertise
- Ready for immediate use
- Significantly shorter implementation time
- Saves time, costs, effort and human resources
- Solution remains up-to-date always and without downtimes
- Bridging personal bottlenecks
- You can concentrate on your core business.
There are a number of CIAM solutions available in the market today – The key to choosing the product that suits your organization the best is to clearly understand your requirements. In order to outline your exact requirements, it is essential to have a fair idea on the basic functionalities a CIAM solution is expected to deliver, the value-added functionalities it could deliver and how you could leverage the features through customization to suit your individual needs.
The above figure depicts a few of the major functionalities that need to be seriously considered while assessing a CIAM solution. To get more insights into all the factors that should be well-thought of, if you plan to go for an identity and access management solution, read through our free downloadable CIAM Buyer’s Guide that will give you a better picture of the capabilities of a CIAM solution, what to look out for, and will hopefully help you define your individual requirements better.
This white paper sheds light on the potential advantages of adopting a readily available CIAM product various aspects that one should consider while choosing a CIAM solution.