The Security Division of EMC (NYSE: EMC) has been named the worldwide leader in total revenue among identity and access management vendors, according to the latest IDC Worldwide Identity and Access Management (IAM) 2011 Vendor Shares report.
According to IDC, the IAM software market showed a significant economic recovery, and specifically in 2011, the market demonstrated a steady recovery. For the second consecutive year, RSA outpaced the competition capturing an industry-leading 12.1% market share for the 2011 calendar year and 11.7% year-over-year growth, according to the IDC report.
Compliance requirements and the adoption of cloud computing drove much of the market activity, according to the IDC report, and RSA led the way continuing to innovate and deliver authentication and cloud security solutions. RSA unveiled several identity and access management solutions in 2011 which helped drive growth including the RSA Cloud Trust Authority which leverages RSA IAM technologies to help facilitate secure and compliant relationships and communications among organizations and cloud service providers. RSA also released RSA Authentication Manager Express in 2011, a risk-based, on-demand authentication system for SMB and branch office customers as well software developer kits (SDKs) designed for mobile application developers to seamlessly integrate strong one-time password (OTP) or risk-based authentication into mobile applications without the need for a separate authentication device.RSA Tops Leading Vendors in Identity and Access Management Market