Veza Achieves First Recognition in Gartner Customer Report for IGA

Veza's Groundbreaking Recognition in Identity Governance

Veza, a frontrunner in identity security, has successfully secured a notable spot in the highly regarded Gartner Peer Insights Voice of the Customer (VOC) Report, specifically for Identity Governance and Administration (IGA). This is a significant milestone for Veza, highlighting its exceptional approach to tackling contemporary identity governance challenges while addressing pressing security issues in the digital age.

The Impact of the Gartner VOC Report

The Gartner VOC Report aggregates customer feedback, providing an impartial perspective on vendor performance based on actual user experiences. For many Security and IT leaders, this report is invaluable as it paints a comprehensive picture of market trends and enables them to compare various vendors. It has been compiled from thousands of user reviews, offering insights that enhance the technology purchasing process. The insights derived from this report are crucial for organizations looking to bolster their identity governance frameworks.

Veza's Unique Positioning in the Market

Being included in this report for the first time is a testament to Veza's dedication to addressing fundamental identity security issues for its clients. Steve Lodin, the Vice President of Information Security at Sallie Mae, underscored the importance of visibility in the zero-trust security framework. He noted, "Veza provides access and visibility into SaaS solutions we didn't have previously," indicating how vital this capability is to reducing risk in today’s complex technological landscape.

Significant Achievements in Security Solutions

Veza stands out as it offers a unique capability to unravel the intricate web of identities and permissions that span across multiple systems. The reality prior to Veza’s innovation was a lack of clarity and control over enterprise access. With the evolving identity security landscape, propelled by increased cloud adoption and artificial intelligence, new identity security risks have arisen. Legacy systems can't effectively tackle these new challenges, but Veza is positioned to help organizations navigate and conquer these complexities.

Customer-Centric Philosophy Drives Recognition

Veza’s remarkable ability to empower customers was celebrated by Tarun Thakur, CEO and Co-founder, who expressed gratitude towards the customer base that made this recognition possible. He articulated, "We're solving a fundamental challenge in today's dynamic threat landscape," emphasizing the importance of visualizing and managing identity-based access to secure critical data. This customer-centric approach has been pivotal in the company’s recognition as a Strong Performer in the IGA realm.

Noteworthy Company Highlights

Veza continues to demonstrate robust growth and innovation within the industry. Recent achievements include:

• Remarkable triple-digit year-over-year Annual Recurring Revenue (ARR) growth.
• Over 120% net revenue retention among enterprise clients.
• Acknowledgments from esteemed industry entities such as CRN and Fortune.
• Acquiring new clients among Fortune 500 and Global 2000 companies spanning various sectors including healthcare and technology.

The Future of Identity Security with Veza

The strides made by Veza highlight its commitment to modernizing identity governance. As organizations face ever-evolving security threats, the tools and frameworks provided by Veza are imperative for ensuring that identity security is not just a checkbox but a fundamental aspect of their operational strategy. By delivering tools that enable organizations to maintain least privilege, manage identities effectively, and safeguard sensitive data, Veza is indeed at the forefront of identity security solutions.

Frequently Asked Questions

What is Veza known for?

Veza is recognized for its innovative solutions in identity security and governance, particularly its ability to manage complex identity environments.

What notable report featured Veza recently?

Veza was recently included in the Gartner Peer Insights Voice of the Customer Report for Identity Governance and Administration.

What score did Veza receive from customers in the Gartner report?

Veza received a 100% 'Willingness to Recommend' score from its customers, making it a standout vendor in the report.

How does Veza improve identity security?

Veza enhances identity security by providing visibility and control over access permissions, thereby reducing risks associated with unauthorized access.

Who are some of Veza's clients?

Veza serves a diverse range of clients, including major enterprises in sectors like financial services, healthcare, and technology.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.