RE: Report extract l3 Jun 2019 16:22
According to the “2019 IoT IAM Market Outlook” report by Quadrant Knowledge Solutions, traditional user-centric IAM solutions are not capable of handling billions of IoT devices, their identities, and communications with other entities, including other devices, people, and applications on the network. IAM solution for IoT requires a purpose-built platform that enables organizations to manage device authentication, identity management and governance at IoT scale. The key capabilities of an IoT IAM solution include unmatched scalability & availability to handle a wide-variety and volume of IoT devices, secure device registration & provisioning, end-to-end data encryption, device authentication, compliance management, and centralized policy management.
“Device Authority with its advanced IoT IAM software platform KeyScaler and continued focus on building strong partnerships and IoT ecosystem initiatives is well positioned to help organizations in delivering automated device provisioning, authentication, and end-to-end policy-based data security solution to accelerate IoT adoption at scale,” according to Piyush Dewangan, Industry Research Manager at Quadrant Knowledge Solutions. “The company has demonstrated its technology value proposition with multiple successful Pilots and PoC implementations in the medical device, healthcare and industrial sectors. With the right competitive and growth strategy, and early contracts now deploying to production, Device Authority is well positioned to cause major disruption in the global IoT IAM market,” adds Dewangan.
“We are delighted that Device Authority is positioned as a technology leader with its KeyScaler platform in the IoT IAM market by Quadrant Knowledge Solutions. As our technology continues to innovate and solve real world business challenges, our customer impact increases as more PoCs and pilots move to full production in medical and industrial IoT to solve data security, compliance and critical safety challenges,” said Darron Antill, CEO at Device Authority.