NOVATO, Calif.--(BUSINESS WIRE)--Radiant Logic (www.radiantlogic.com), the market leader in federated identity solutions based on virtualization, has expanded its customer base to achieve more than 50 percent revenue growth over the prior year. RadiantOne's Federated Identity Service now integrates identities and attributes for millions of users globally, providing a platform for fast authentication/Single Sign On and a complete view of end user profiles.
“The strong interest and growth we are seeing in customer identity solutions is an indicator of how enterprises are working furiously to secure and improve the broader digital experience for their customers, from the moment they log in,” noted Michel Prompt, founder and CEO, Radiant Logic.
Many of the world’s largest companies rely on Radiant Logic’s deep identity management expertise to help them integrate complex and dispersed identity sources, improving Single Sign On and authorized access to resources, which in turn, improves customer experience. “Creating a complete digital experience for customers requires a secure and transparent integration of customer information, delivered at high speeds, at the right time and in the right context,” says Dieter Schuller, Radiant Logic’s Executive VP of Sales.
Key 2015 developments for Radiant Logic:
- 4 of the top 5 leading U.S. insurance companies are now Radiant Logic customers.
- 2 of the top 3 leading U.S. banking institutions are now Radiant Logic customers.
- Millions of users are being managed with RadiantOne for faster login, Single Sign On, and smart authorization.
- Radiant Logic has had 50% revenue growth over the previous year.
- Employee-focused projects continue to grow at a steady clip. Customer-focused projects are accelerating with more than 100 percent growth over the previous year.
The trend toward adoption of Identity and Access Management practices for customer- oriented projects has been noted by many industry analysts. “Digital business initiatives involve bringing additional users or additional user constituencies online. Such scenarios not only can include customer and partner users, but also sometimes employee users who traditionally didn't need online access but now do as more processes become digitized. This is especially true for retail, transportation, and warehouse users.” (Mary Ruddy, The Emerging Architecture of Modern Identity, Gartner 2015)
Particularly challenging for large enterprises, these new user populations add to the number of users that need support from the existing identity infrastructure, and often require more flexibility than the existing user populations, whether it’s because they are in remote locations, use their own devices or need special customization. Scalability is important as well, because an overburdened identity infrastructure can have an adverse impact on customer experience.
The future will bring even more challenges, with customers expecting fast and secure Single Sign On, regardless of their location or device and regardless of the condition of the underlying infrastructure. Identity will play an increasingly crucial role, as companies define their corporate image through their web sites and the experience of the customer online. “And that’s where Radiant Logic comes in,” says Prompt. “We unburden the identity provider and protect customer experience from the complexities of the identity infrastructure.”
About Radiant Logic
As the market-leading provider of federated identity systems based on virtualization, Radiant Logic delivers simple, logical, and standards-based access to all identity within an organization. The RadiantOne federated identity service enables customizable identity views built from disparate data silos, driving critical authentication and authorization decisions for WAM, federation, and cloud deployments. Fortune 1000 companies, including General Electric, Wells Fargo, Monsanto, NBC Universal Media, and Intel, rely on RadiantOne to deliver quick ROI by reducing administrative effort, simplifying integration, and building a flexible infrastructure to meet changing business demands. For more information, visit www.radiantlogic.com.
