Saviynt

Overview

Saviynt is a leading provider of cloud-based identity and access governance solutions, designed to help enterprises effectively manage and secure their identity programs. The company's mission is to safeguard enterprises through intelligent, cloud-first identity governance and access management solutions, guided by core values of innovation, customer focus, delivering results, respect, and accountability. Key capabilities of Saviynt include:

1. Identity Governance and Management (IGA): A comprehensive platform managing user access, detecting and preventing security threats, and ensuring compliance across various systems.
2. Unified Identity Management: Offers a unified view of all enterprise identity activities through its Identity Exchange, integrating numerous identity sources into a single unified identity.
3. Cloud PAM and Access Management: Secures an organization's most valuable assets by simplifying access request and approval processes, while managing third-party, application, and data access governance.
4. AI and Machine Learning: Leverages Saviynt Intelligence to provide multilayered identity security insights and analytics, driving autonomous governance and identifying high-risk access.
5. Zero-Trust and Compliance: Supports Zero-Trust initiatives and ensures continuous compliance with industry-recognized controls.
6. Enterprise Applications and Integration: Integrates with existing infrastructure and offers a suite of enterprise applications to extend unified identity across the organization. Benefits of Saviynt's platform include simplified data protection, improved user experience through AI-powered insights, and cost efficiency by consolidating management of applications, identities, and workloads. In summary, Saviynt offers a comprehensive, cloud-built identity and access governance solution designed to simplify identity management, enhance security, and ensure continuous compliance for enterprises in cloud, on-premises, or hybrid environments.

Leadership Team

Saviynt's leadership team comprises experienced executives driving the company's strategic vision and operational excellence in the identity governance and administration sector. Executive Leadership:

1. Sachin Nayyar - Founder and Chief Executive Officer: Led Saviynt from inception in 2011 to market dominance by 2018, rejoining in January 2023 after founding Securonix.
2. Paul Zolfaghari - President: Brings over twenty years of software company operating experience, previously serving as Managing Director at Carrick Capital Partners and President of MicroStrategy.
3. Amit Saha - Chief Growth Officer: Former CEO of Saviynt, now focuses on developing strategies to grow the company's converged identity platform and strategic relationships.
4. Tara Ryan - Chief Marketing Officer: Experienced in building brands and delivering revenue growth for pre- and post-IPO companies, responsible for global marketing strategy.
5. Akshay Sivananda - Chief Information Security Officer: Extensive experience in cyber defense, incident response, and risk management, previously serving at Bristol-Myers Squibb and Capital One.
6. Sapna Nair - General Manager, India: Over 26 years of experience in building and transforming teams at global technology organizations, overseeing India operations. Board Members:
7. Tomer Weingarten - CEO of SentinelOne: Appointed in February 2024, brings experience in building fast-growing cybersecurity businesses.
8. Jesper Andersen - Former CEO of Infoblox: Also appointed in February 2024, has held executive leadership positions at companies like Cisco, Oracle Corp, and Peoplesoft. These appointments and the existing leadership team reflect Saviynt's commitment to innovation, customer success, and market growth in the identity governance and administration sector.

History

Saviynt, founded in 2011 by Sachin Nayyar, has established itself as a leading provider of intelligent identity and access governance solutions. The company's journey is marked by innovation, growth, and strategic milestones:

1. Founding and Early Years: Launched with the vision of revolutionizing identity management in the digital age, addressing growing challenges in identity governance and access management, particularly for cloud technologies.
2. Innovation and Market Leadership: Focused on developing cloud-first identity governance and access management solutions, quickly gaining recognition as an industry leader.
3. Major Milestones:
   • Launch of cloud-first solutions, marking a shift in the industry
   • Formation of strategic partnerships with leading technology companies to enhance offerings and expand customer base
4. Growth and Expansion: Experienced rapid growth driven by innovation and partnerships, adapting to the changing cybersecurity landscape and expanding product offerings to cater to various industries and use cases.
5. Leadership Changes and Funding: In 2023, raised $205 million in growth financing, with founder Sachin Nayyar rejoining as CEO and Paul Zolfaghari appointed as President to accelerate growth and innovation.
6. Current Focus and Future Outlook: Continues to focus on delivering advanced identity solutions, enhancing user experience, and expanding its platform to support emerging technologies such as OT and IoT. Throughout its history, Saviynt has remained committed to its core values of innovation, customer focus, and excellence, positioning itself for continued growth and leadership in the identity management industry.

Products & Solutions

Saviynt offers a comprehensive suite of identity and access management solutions designed for modern enterprise needs. Their offerings include:

Identity Cloud

Saviynt's flagship product, the Identity Cloud, is a converged platform integrating Identity Governance and Administration (IGA), Privileged Access Management (PAM), and Application Governance, Risk, and Compliance (GRC) capabilities. Key features include:

• Centralized identity management for human and machine identities
• Intelligent Identity Warehouse with AI/ML-driven insights
• Advanced analytics and real-time risk monitoring
• Zero Trust and Just-in-Time access management

Identity Governance and Administration (IGA)

Saviynt's IGA solution simplifies identity governance while ensuring compliance. Notable features:

• Unified identity workflows for streamlined user experience
• Fast access decisions with automated approvals for low-risk access
• Cloud-native solution for increased agility
• Quick deployment with significant ROI

Privileged Access Management (PAM)

The PAM component ensures right-time, right-level privileged access for users, machines, and applications, featuring:

• Just-in-Time access with 'break glass' capabilities
• Comprehensive monitoring and reporting for regulatory compliance

Application Access Governance

This solution focuses on securing and managing access across multiple applications:

• Cross-application governance to improve overall security posture
• Fine-grained entitlement visibility and separation-of-duty controls

Machine Identities

Saviynt manages machine identity complexity and risk through:

• Centralized management alongside human identities
• Automation and integration with various systems

Continuous Compliance and Audit Readiness

Saviynt simplifies compliance and audit processes with:

• Automated audit-readiness and continuous compliance proof
• Unified controls framework for point-in-time and real-time certification
• Automated report generation

Multi-Cloud Governance and Zero Trust

Supporting multi-cloud environments with a Zero Trust approach, Saviynt offers:

• Multi-cloud visibility across management consoles
• Intelligent identity processes with configurable policies and controls

Mergers, Acquisitions, and Divestitures

Saviynt's solutions help manage identity security in changing business environments by:

• Providing a holistic view of identity access and activity
• Accelerating access rights planning and eliminating duplicate identities Saviynt's products and solutions aim to lower costs, reduce enterprise risk, and increase productivity through centralized identity governance and access management, powered by advanced AI/ML capabilities.

Core Technology

Saviynt's core technology is built on several key components and architectural principles, enabling comprehensive identity governance and access management solutions:

Identity 3.0 Platform

At the heart of Saviynt's technology is the Identity 3.0 platform, designed to address complex, evolving enterprise needs. It utilizes advanced machine learning algorithms to:

• Analyze user behavior
• Detect anomalies
• Provide real-time insights into access risks

Cloud-Native Architecture

Saviynt's platform features a cloud-native architecture that:

• Integrates seamlessly with leading cloud platforms (AWS, Azure, Google Cloud)
• Ensures consistent security across on-premises and cloud environments

Identity Analytics and Risk-Based Access Controls

The platform employs sophisticated analytics and controls:

• Identity analytics to identify access risks and detect suspicious behavior
• Risk-based access controls that dynamically adjust access privileges based on user activity risk levels

Continuous Compliance Monitoring

Saviynt provides ongoing compliance monitoring across hybrid IT environments:

• Ensures alignment of access controls with regulatory requirements and industry best practices
• Implements role-based access control for granular policy enforcement

Enterprise Identity Cloud (EIC)

The Enterprise Identity Cloud is built on a core+extensible architecture:

• Offers a resilient, robust, and scalable core platform
• Provides extensible interfaces for seamless integration with existing software landscapes
• Includes tools for customization and interface conversion

Saviynt Intelligence

This AI-powered intelligent identity security platform:

• Collects and ingests identity data from various systems (ERPs, SaaS platforms, cloud vaults, etc.)
• Stores data in an 'Identity Security Data Lake'
• Utilizes an intelligence engine to enrich, cleanse, and transform data
• Provides AI/ML-based recommendations for access management

Security and Compliance

Saviynt's technology prioritizes security and compliance:

• Ensures identity data is secured to the highest standards
• Designed for secure, responsible, and explainable use of AI and deep learning technologies In summary, Saviynt's core technology offers a flexible, scalable, and highly secure solution for identity governance and access management, catering to diverse business needs in the rapidly evolving digital landscape.

Industry Peers

Saviynt operates in the identity governance and administration (IGA) and cloud access security markets, competing with several notable companies:

Cloud Access Security Broker (CASB) Category

1. Netskope (20.34% market share)
2. Microsoft Cloud App Security (17.68% market share)
3. Fortinet FortiAP (8.69% market share)
4. Skyhigh (8.46% market share)
5. Zscaler Internet Access (5.94% market share) Other competitors in this space include Forcepoint CASB, AppGate, and CipherCloud.

Identity Governance and Administration (IGA) Category

1. SailPoint: Focuses on enterprise identity security using AI and machine learning
2. Axiom: Develops an IAM platform for secure cloud and SaaS authorization
3. IBM, CyberArk, and OpenText: Recognized leaders in IGA and data access governance

Additional Competitors

• Teradici Cloud Access Software
• Elastica
• CTERA
• Cisco Cloudlock
• McAfee MVISION Cloud
• Oracle CASB
• BlackBerry Enterprise Identity

Saviynt's Competitive Edge

Saviynt distinguishes itself through:

• Strong customer reviews and ratings
• Recognition as a Gartner Peer Insights Customers' Choice for IGA for four consecutive years
• Excellence in customer satisfaction and product capabilities This competitive landscape highlights the dynamic nature of the identity and access management market, with Saviynt positioning itself as a leader in customer satisfaction and innovative solutions.