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SailPoint Technologies, Inc.

Product Name

Compliance IQ

Market Segment

Enterprise software and services

Funding

Series B, November 2006: Venture funding from Austin Ventures, Lightspeed Venture Partners, Origin Partners and Silverton Partners, $14 million to date.

Competitors

Aveksa and legacy identity-management vendors such as Sun, IBM and Oracle

Product Description

In response to legislative mandates around governance, risk management and compliance, SailPoint Compliance IQ helps organizations track, analyze and assess user access privileges to critical business applications and data. Rich, multi-dimensional views of identity information provide powerful business insights that help organizations prioritize people and compliance initiatives based on quantified risk.

Market Opportunity

According to IDC, identity- and access-management (IAM) compliance solutions totaled $651 million in 2005 and are forecasted to reach $1.982 billion in 2010, a compound annual growth rate of 25%. IDC predicts that government and industry regulations will continue to put unprecedented pressure on corporations to secure access to information and applications, and that reducing the ongoing cost of compliance will remain a key priority among organizations.

Demo Says

Regulation and mandates require businesses to better manage who has access to what data and how that data is used. Compliance management solutions available today focus on the former. SailPoint Technologies understands the importance of the latter as well. Compliance isn’t just about access, but what people do with that access. By combining data access policy with business context, SailPoint integrates machine and HR policy to provide a complete, and more reasonably actionable, assessment of compliance risk.