The new growth comes as OneLogin continues make waves in an entirely new category, Unified Access Management (UAM), an emerging $20b industry fueled by customers wanting to simplify operations. Raising $22.5M in the latest funding round and significant investment in office expansions worldwide has put OneLogin in a strong position to meet the significant rise in demand for its solutions.
Over 90% of UK and US enterprises have a digital transformation strategy, with the majority (89% in the UK and 94% in the US) stating Identity and Access Management (IAM) as important to this strategy, but existing IAM solutions are creating major barriers to digital technology adoption across complex networks. UAM is unique in that, for the first time, it allows companies of any size to manage access for on-premise and cloud-based applications with a single Identity-as-a-Service (IDaaS) solution. Historically, access for these respective environments has been managed separately and inefficiently with IAM solutions catering to either SaaS or on-premise environments, but not both, leading to a fragmented approach that is plagued with complexity, inefficiency, and high cost. As such, there is a growing dissatisfaction with available offerings, particularly for large enterprise organisations with complex application portfolios spanning hybrid environments.
“OneLogin’s unique Unified Access Management offering is the dawn of an exciting new era for access management in the enterprise, but also for OneLogin as a company. Following my appointment last year, we have created a new senior leadership team - Justin Calmus, Chief Security Officer, Miles Kelly, Chief Marketing Officer, Kevin Biggs, Chief Revenue Officer and Maura Thierault, Enterprise Sales VP – who have been instrumental in creating and driving demand for the new UAM category, and the subsequent rapid momentum and growth of OneLogin in North America, EMEA and APAC,” said Brad Brooks, CEO of OneLogin.