Passlogix Tops 10 Million Licenses for v-GO Suite,Increasing Lead in Enterprise Single Sign-On Market
Quintuples License Base in Two Years
Feb 19, 2008 — New York, NY;
Passlogix®, Inc., announced today that license sales for its market-leading v-GO® Sign-On Platform™ have now exceeded 10 million, up from 6 million one year ago and just 2 million at the end of 2005. This surge in license volume reflects growing market demand for solutions that simplify the process of providing secure user access to enterprise applications as well as the advanced capabilities, broad functionality and ongoing expansion of the v-GO Sign-On Platform.
Major new v-GO adoptions in 2007 included customers in the healthcare, retail banking, investment management, insurance, federal government, state/local government, higher education, food/entertainment, retail, energy, aerospace, telecommunications, chemical and oil/gas industries around the world.
Business drivers behind these adoptions included the need to free end users from the burden of managing multiple application passwords, reduce password-related help desk costs, increase security, centralize password storage for easier management and recovery, and comply with regulatory mandates designed to protect the integrity of corporate and personal data.
Other developments fueling Passlogix’s growth in 2007 included continuing expansion of the company’s global network of channel partners; Sun’s successful resale of v-GO technology; rising sales of Oracle Enterprise Single Sign-On and Passlogix’s v-GO® Single Sign-On (SSO) for BMC Software’s CONTROL-SA product, both of which are powered by the Passlogix platform under an OEM arrangement; and increasing market traction for v-GO Credential Manager, a 2006 addition to the v-GO suite that centralizes the management of disparate strong authentication devices.
Also in 2007, Passlogix announced v-GO On Demand Edition, the first ESSO client that requires no software installation on the user machine; unveiled v-GO Shared Accounts Manager, the first ESSO-based solution for controlling access to privileged accounts; and expanded a long-time strategic partnership with RSA with an agreement that includes transitioning RSA Sign-On Manager customers to the v-GO platform.
“Our license base has quintupled in two years and jumped by more than 4 million in 2007 alone. We expect that growth to continue as the market recognizes the broad strategic value of our expanding product line to address fundamental access and identity needs,” said Marc Boroditsky, CEO and president of Passlogix.
v-GO SSO (v-GO Single Sign-On®), the core application in the v-GO platform, automatically and securely signs the user into enterprise applications after a single network logon without requiring additional identification and authentication processes. It has been widely acclaimed in the industry for its rapid wizard-based implementation capabilities, low total cost of ownership, scalability that supports the largest ESSO implementations in the world, and ability to interface with a wide range of backend directories and complementary products.
Six add-on solutions extend v-GO’s single sign-on capabilities to any form of strong authentication and to kiosk environments; provide the industry-first ability to control shared password access to privileged accounts through the ESSO infrastructure; enable user credentials to be automatically added to v-GO SSO from the leading identity management systems for zero-touch provisioning; permit self-service reset of forgotten Windows passwords; and centralize management of strong authentication devices in any format and from any vendor.
In December, SC Magazine praised this strategic platform approach and other v-GO capabilities in naming Passlogix to its list of innovative information security vendors for 2007. It was the second major recognition for Passlogix last year, following a ranking as a leading ESSO vendor by several leading analyst firms in the industry.
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About Passlogix
Passlogix speeds and secures user access to enterprise information resources through a suite of products that includes the market’s leading enterprise single sign-on (ESSO) solution, the first universal strong authentication solution for logon to corporate networks, and a variety of other offerings that eliminate critical pain points in sign-on, provisioning, and authentication processes. With more than 21 million licenses sold, organizations around the globe rely on the v-GO suite of solutions to improve operational efficiency, strengthen security and compliance posture, and dramatically reduce the time required to deploy IDM systems. The company’s patented technology – launched in 1996 with the market’s first usable ESSO solution – shortens implementation cycles and provides rapid return on investment by adapting to any existing infrastructure without the need for custom coding or replacing legacy hardware or software. or more information, visit www.passlogix.com
Copyright ©2010 Passlogix. All Rights Reserved. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies. For more information please visit, www.passlogix.com.
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For more information please contact:
Michele Favaro
(212) 901-8398
michelef@passlogix.com
