Okta Named the Sole Leader in Gartner Magic Quadrant for IDaaS

SAN FRANCISCO, CA--(Marketwired - Jun 8, 2015) - Leading analyst firm, Gartner Inc., has positioned Okta as the sole leader in its Magic Quadrant for Identity and Access Management as a Service (IDaaS), and a leader for the second consecutive year. The report was authored by Gartner Research VP Gregg Kreizman and Service Analyst Neil Wynne and was published on June 4. In the last year, since Gartner published its inaugural 2014 IDaaS Magic Quadrant, Okta has doubled in both customers and revenue.

"In just a few years, IDaaS has gone from an upstart technology to a central force in the enterprise. It's now transforming other industries, powering external portals and SaaS applications, and disrupting industries like enterprise mobility management," said Todd McKinnon, CEO and co-founder at Okta. "The rapid and impressive innovation we're seeing in the identity market has massive implications for the future of the connected world."

"As enterprises adopt cloud services that are consumed from mobile devices, and as every company pursues a digitization of their business, it's now clear that identity is a critical component of a modern IT infrastructure," said Ryan Carlson, vice president of marketing at Okta. "We believe that Gartner's recognition of Okta as the only leader in the 'Magic Quadrant for Identity and Access Management as a Service' is a testament to our early insight into the market, leadership in the convergence of identity and mobility, and the partnerships we've built with over 2,000 customers worldwide."

The recognition comes on the heels of continued fiscal growth for the company and expansion into a new market with its mobility management product. In the past six months, Okta has added distinguished companies to its customer list, including DISH Networks, AECOM, FOX Entertainment, MassMutual, Sophos, and international companies, REA Group, Bakers Delight, and Nova. Okta has also grown to 500 employees, with expansion across Europe and Australia, and new offices in Seattle and Amsterdam.

"We spent the past year innovating around Okta's core identity service to accelerate the adoption of cloud and mobile in the enterprise. We've opened our platform to help companies manage customer and partner identities, and rapidly build enterprise-grade SaaS applications. And, most recently, we've disrupted an entirely new market by leveraging our IDaaS core to offer a user-centric approach to enterprise mobility management," said Todd McKinnon. "Our progress as a company has been driven by and in service to our customers. They are on this journey with us, and they play a significant role in turning our vision into reality. With this report, we believe that Gartner is validating Okta's proven ability to move our customers' businesses forward, as well as the vision that we share with our customers to securely connect any combination of people, apps, devices, and organizations."

For more information about the IDaaS Magic Quadrant, please visit:
https://www.okta.com/resources/idaas-leader-gartner-magic-quadrant.html

Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Okta
Okta is an integrated identity and mobility management service. Built from the ground up in the cloud, Okta securely and simply connects people to their applications from any device, anywhere, at anytime. Okta integrates with existing directories and identity systems, as well as thousands of on-premises, cloud and mobile applications, and runs on a secure, reliable and extensively audited cloud-based platform.

More than 2,000 customers, including Adobe, Allergan, Chiquita, LinkedIn, MGM Resorts International, Shire Pharmaceuticals and Western Union, use Okta to improve employee productivity, increase supply chain efficiency and revenue and improve compliance. The thousands of enterprises and cloud vendors, as well as the millions of people using Okta, are the foundation of the industry's fastest growing IT network for the cloud and mobile world.

To learn more about Okta, visit: https://www.okta.com
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