Ping Identity Analysis
What is Ping Identity?
Ping Identity offers a comprehensive identity security platform that focuses on identity and access management solutions. Their offerings include multifactor authentication (PingID), single sign-on capabilities (PingFederate), cloud identity services (PingOne), access management (PingAccess), and identity storage (PingDirectory). These solutions are designed to provide secure and seamless user experiences for enterprises, helping to protect identities and mitigate risks associated with data breaches.
Pricing
Ping Identity employs a subscription-based pricing model for its cyber security solutions. The pricing starts at approximately $3 per user per month for the Essential tier of PingOne for Workforce, which includes features like Single Sign-On (SSO) and Multi-Factor Authentication (MFA). They offer different tiers and packages tailored to various needs, including solutions for both customers and workforce identity management.
Investment Focus
Technology
Target Customers
The target customers for Ping Identity's cybersecurity solutions include organizations across various sectors such as government, financial services, healthcare, retail, and media & telecommunications. These sectors typically seek to enhance security, improve customer experiences, and ensure compliance with regulations. For example, government agencies focus on providing seamless citizen services, financial institutions prioritize scalability and efficiency in customer authentication, healthcare organizations emphasize privacy and security for patient care, and retail businesses aim to create personalized omnichannel experiences.
Compliance Standards
Ping Identity adheres to several compliance standards, including:
- SOC 2 Type 2
- ISO 27001
- ISO 27018 (for protecting personal data in the cloud)
- GDPR compliance
Key Features
- Comprehensive Cloud Identity
- 99.99% uptime
- SaaS identity and access management
- Pay only for the capabilities you need
- Integration with hybrid IT environments
- Lifecycle Management
- Relationship Management
- Verifiable Credentials
- Directory Services
- Single Sign-On (SSO)
- Multi-Factor Authentication (MFA) & Passwordless options
- Authorization features
- Threat Protection capabilities, including fraud detection and user behavior analysis
