Companies should be equipped to manage a database containing the identities of their employees and companies for various purposes. With identity management software, companies can store identity in a secure database to warrant access to their authorized persons using the identity data through the software. Here are some of the best identity management software available right now.


14+ Identity Management Software

1. 1Password

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Rating: 5/5

Price: $3.99/month

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2. LogMeIn Pro

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Rating: 5/5

Price: $30/month

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3. OneLogin

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Rating: 4.7/5

Price: FREE

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4. Microsoft Identity Manager

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Rating: 4.5/5

Price: Custom

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5. Okta Identity Management

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Rating: 4.7/5

Price: FREE

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6. TeamsID

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Rating: 5/5

Price: $3/month

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7. Auth0

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Rating: 5/5

Price: $23/month

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8. ExcelID

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Rating: 5/5

Price: FREE

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9. System Frontier

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Rating: 5/5

Price: FREE

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10. DigitalPersona

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Rating: 4.4/5

Price: Custom

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11. LastPass

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Rating: 4.7/5

Price: FREE

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12. ManageEngine ADAudit Plus

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Rating: 5/5

Price: Custom

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13. Zoho Vault

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Rating: 4.7/5

Price: FREE

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14. NetIQ IDM

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Rating: 4.8/5

Price: Custom

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15. SailPoint

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Rating: 4.7/5

Price: Custom

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What Is Identity Management Software?

Identity management software is an authentication software that allows companies to manage their user access information. The identity management system detects IP addresses and other factors to authenticate the identity of their company users.

Benefits

Identity management software helps improve the cyber security system in place for the users and their data. The identity and access management tools in the software also allow companies to set permissions and restrictions on applications that they can access vs. Cannot access. The identity management tools also improve the productivity of employees and help retain their memory as they only need to remember one log-in credential in accessing the software, data, apps, and database. The identity management platform also reduces compliance management errors, ensuring that identify process doesn’t fail in authenticating users. The software also provides a centralized database for employee information, powering the software to identify their users without issue as it requires only the log-in credentials needed to access. The privileged account management software also helps companis monitor user activity to detect unusual behavior coming from the user through its cyber security tools.

Features

Identity management software should provide authentication software tools that verify the identity of their users, which can be done through local access or mobile support. On top of it, the SAAS identity management software should also provide multi-factor authentication tools that enable users to access the software, apps, databases through various authentication tools available with different log-in credentials. The software should provide a database of users to guide the authentication process of the identities of the users, which is either from a cloud server or on-site premises. The software should also provide digital governance software tools that allow companies to control the identity management process. The software should also provide cyber security tools and user activity software tools that enable companies to monitor for anomalies or suspicious behavior from the users within the software that is powered by identity management software.

  • Authentication tools
  • Multi-factor authentication methods
  • User database containing identities and log-in credentials
  • Digital governance tools
  • Cyber security tools
  • User activity tools

Top 10 Identity Management Software

1. System Frontier

System Frontier has around 25 employees and earns a revenue of around $5 million.

2. ExcelID

ExcelID is owned and developed by Mircosoft, which the parent company has 181,000 employees and earned a revenue of $168 billion in 2021.

3. Okta Identity Management

Okta has 4,422 employees and earns annual revenue of $256.5 million.

4. SailPoint

SailPoint has 1,742 employees and earns annual revenue of $252.6 million.1Password

5. Auth0

Auth0 has 1,068 employees and earns annual revenue of $217.9 million.

6. 1Password

1Password has 331 employees and earns annual revenue of $67.5 million.

7. NetIQ IDM

NetIQ has 416 employees and earns annual revenue of $60.3 million.

8. OneLogin

OneLogin has 290 employees and earns annual revenue of $59.2 million.

9. TeamsID

TeamsID has 35 employees and earns a revenue of $6 million.

10. DigitalPersona

DigitalPersona has around 25 employees and earns a revenue of around $5 million.

FAQ

What are the different types of identity management software?

The different types of identity management software include identity management software, customer identity and access management software, privileged access management software, multi-factor authentication software, password manager software, and single sign-on (SSO) software. While each software contains different features, tools, and functionalities, they do share the common goal of verifying the identity of its users which can help in various situations hence the need to have different software that caters to specific solutions.

What other software does identity management software integrate well with?

Identity management software integrates well with zero-trust security software as it concerns strengthening the cyber security features of the identity management software. The software also integrates well with GDPR compliance software as it increases the compliance regulations on identity data and sensitive stored on identity management software.

How much does identity management software cost?

Pricing for identity management software can range from free to $23 per month or more, with some software providing custom pricing. Pricing for identity management software varies depending on the features available and the intended companies. Small companies may benefit from low-cost identity management software while large companies may benefit from high-cost software.

With identity management software, companies can better identify their users better thanks to the software’s intelligent management tools.


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