ARCON ends the year 2022 on a high note
ARCON believes in consistency, and consistency is the key ingredient to success. This is exactly what happened in 2022, another eventful year, when ARCON continued to make rapid progress on its global expansion plans, win the customers’ accolades, and win their trust even as our flagship product, ARCON | Privileged Access Management managed to outperform the competition by a long way in terms of product capabilities and functionality.
While the last year was punctuated by global recognitions and awards all through the year, one of the best things that happened was the emergence of our new solution, the Converged Identity Platform. We believe that Converged Identity Management will be the next big thing in the IAM space, as security and risk management professionals are increasingly looking to implement a centralized platform to manage, control, and govern all kinds of digital identities (human and non-human) with standardized policy enforcement. Earlier in 2022, ARCON successfully implemented its SaaS-delivered Converged Identity Management platform for a large manufacturing company.
Here are some of the high points for ARCON as an organization:
ARCON was named a “Leader” in the 2022 Gartner Magic Quadrant for Privileged Access Management report. For the second time in a row, Gartner named ARCON a “Leader” for its ability to execute and completeness of vision. This report showcases ARCON’s credibility and completeness as a brand, product, and ascertains how comprehensive ARCON’s Privileged Access Management solution is as per demands in the cyber security market.
Being a “Leader” in the Gartner Magic Quadrant is an unbiased and credible recognition that is admired and acknowledged by IT security professionals across the globe.
While deploying privileged access management is one thing, the ability to address numerous use cases seamlessly is the most important part for IT security professionals. A mature PAM should provide support for critical use cases such as Privilege Elevation and Delegation Management, Cloud Infrastructure and Entitlement Management, Secrets Management among many others.
Gartner, in one its widely read reports, the Critical Capabilities for Privileged Access Management rated ARCON | PAM the highest in all 5 use cases that were evaluated by its analyst team. In product and service for PASM, Windows PEDM, UNIX/ Linux and MacOS PEDM, Secrets Management and CIEM, ARCON scored the highest in all with 4.03, 3.70, 4.0, 4.80, and 3.60 (out of 5) respectively.
As GEC (Global Enterprise Event) Media Group celebrated their tenth anniversary, they organized a grand awards ceremony to celebrate the reigning champions in the IT security industry in the MEA region. ARCON has been awarded “Top Vendor – Enterprise Security” by GEC Awards. It is one of the prestigious and popular awards in the MEA region that is acknowledged by industry leaders and IT security professionals. The respected jury scrutinizes every bit of progress and innovation in the IT security space and makes sure that only the right vendors are honored and recognized. ARCON is proud to be the deserving one!
For the third year in a row, ARCON was named the Customers’ Choice.
The 2022 Gartner Peer Insights “Voice of the Customer” for Privileged Access Management” added another feather in the cap of ARCON by conferring the “Customers’ Choice” badge, which is given to those vendors who meet or exceed both the market average overall rating and the market average user interest and adoption. This recognition reemphasized the fact that ARCON is a customer-centric company.
In the report, ARCON also had an average of 88% of customers who were willing to recommend it. And while we continue to expand in the North American market and win large enterprise PAM projects across the industry verticals and across the world, we have also been recognized as a Customers’ Choice for midsize enterprises. Industry-wise, ARCON was named “customers’ choice” for the finance industry as well, and region-wise, ARCON was named “customers’ choice” for the Asia-Pacific region, which we believe is a terrific achievement.
ARCON has been named an “Overall Leader” in the 2022 KuppingerCole Leadership Compass for Privileged Access Management report, written by lead analyst Paul Fisher. For the second year in a row, ARCON has been recognized as the “Overall Leader” in the KuppingerCole Leadership Compass. (although the report came out in January 2023, the entire evaluation process and other formalities happened in 2022)
In the latest edition of KuppingerCole’s Leadership Compass for Privileged Access Management, the analyst evaluated 25 privileged access management vendors to prepare a comparative analysis and the leadership compass. The vendors are evaluated based on their product and technology capabilities, including their market presence. After a deep-dive analysis of privileged access management market trends, KuppingerCole not only named ARCON an “Overall Leader”, but also an “Innovation Leader”, a “Product Leader”, and a “Market Leader”. This recognition is a reiteration of the fact that ARCON is a global leader in the Privileged Access Management (PAM) space.
We have just stepped into 2023 and we are very much apprehensive about making 2023 another colorful feather in our crown. Our well-planned and strategic road map is the key behind our success and we will continue the legacy in the coming days. Stay tuned and we will be back with our new achievements in our upcoming blogs.