Common Business Drivers for Adopting Identity Management Solutions

What are the common characteristics likely to influence a business’s decision to implement an Identity & Access Management solution?

The business drivers for an IAM implementation project vary across organizations and categories, such as Finance, Healthcare, and Government. In this piece, we focus on the key drivers across industries as defined by our own survey of IAM engagements taken from clients both local and global in scale.

Our results indicate that IAM adoption is strongly related to the degree of industry regulation and more weakly to the extent of size of the organization. Regulation is a significant driver in Healthcare and Financial Services, in particular.

Four of the most common business drivers that influence Identity Management projects are Compliance, Operational Efficiency, Business Enablement, and Security.

Compliance

  • Centralized auditing and reporting
  • IT & Security Policies administered consistently
  • Enforcement of Least Privileges
  • Enforcement of Separation of Duties
  • Logging of access requests and approvals/denials
  • Consistent off-boarding of users

Operational Efficiency/Scale

  • Centralized platform that can manage peak transaction volumes
  • Automation of routine tasks – account provisioning, data updates, role assignments, terminations
    • Role based access – eliminate approvals where not required
    • Role based access – Eliminate approvals
    • Request based access
  • Fewer support staff
  • Fewer operations staff

Business Enablement/Improved Service Levels

  • BYOD/mobile devices
  • Cloud (SaaS, in particular)
  • User Productivity – less time to provision access, self-service tools
  • Customer management/services
  • Productivity of end users – faster access, self-service tools, single-sign on, fewer errors

Security

  • Consistent application of policy
  • Centralized logging and reporting to feed SIEM tools (e.g. Splunk, QRadar)
  • Integration with HR system to tie access to user’s current status (active, on leave, terminated)
  • Central authentication services

In the next blog, we will take a look at some of the short-sighted decisions that organizations make when selecting a technology based on a single pain point, or business driver, that often fails to deliver enough value to the business to justify the investment.

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Photo credit: Flickr


Learn more about the top challenges that companies face when implementing Identity & Access Management and how to overcome them in our new book:

Re-Imagining Identity Management In The Digital World: How To Design, Choose And Implement The Right IAM Solution For Your Business

Grab it for free here: Click to download!


By going to work quickly to solve the most challenging cybersecurity and identity management problems, Idenhaus takes the pain out of securing corporate information and assets for companies that aspire to maximize their potential in this digital age. Contact us

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