Reflects Ongoing Global Expansion, Industry-First Password Management Capabilities
RSA Conference, San Francisco, April 20, 2009 - Passlogix®, Inc., announced today that license sales for its market-leading v-GO® Access Accelerator Suite have now exceeded 15 million, a gain of more than five million between January 2008 and January 2009. The v-GO suite is an integrated set of single sign-on authentication and provisioning enablement solutions anchored by the industry’s number-one enterprise single sign-on (ESSO) product.
The new 15 million milestone widens v-GO’s lead in the ESSO market, while also indicating broad adoption of other suite components. This includes v-GO solutions that automate user sign-on and sign-off of kiosk sessions; extend strong authentication to applications, desktops and networks without expensive custom integration;
Factors driving the 50 percent surge in v-GO usage included Passlogix’s ongoing expansion into new global markets, its rapidly growing network of channel partners, significant penetration of new market categories such as retail and consumer packaged goods, and the release of two industry-first offerings. These new suite components are v-GO Shared Accounts Manager, the first ESSO-based solution for controlling access to privileged accounts; and v-GO On Demand Edition, the first solution that extends single sign-on to remote, mobile and temporary users such as home computers, physicians’ offices that require access to hospital networks, and third-party partners or contractors.
Also contributing to v-GO’s growth is rising market recognition of the suite’s value in improving business productivity, strengthening enterprise security and regulatory compliance readiness, and streamlining identity management deployments.
“Over the past five years, total v-GO license sales have grown at a compounded annual growth rate of 97 percent, exploding from 500,000 in 2003 to more than 15 million in 2008. Despite the economy, we are seeing mounting market demand for solutions that expedite secure access to enterprise resources while also meeting privacy controls mandated by various data protection, human rights and corporate governance regulations,”
