Identity lifecycle management software helps organizations manage identity and access rights for all users. It also helps to automate processes for creating and onboarding new users. Traditionally, organizations have used on-premises solutions, but many now leverage identity as a Service offering. These offerings provide identity management capabilities in the cloud and are hosted by a third party.

Managing Identities

Identity lifecycle management is the process of managing identities in an organization. It automates the processes of onboarding and offboarding users and maintains their identities over time. Identity management solutions also provide self-service portals that enable users to update account information and request access rights without contacting the help desk. In addition, these solutions offer centralized monitoring and reporting capabilities and integrate with HR systems and corporate directory services.

The identity lifecycle management process can be divided into four phases: provisioning, maintenance, and retirement. Provisioning is the first phase of identity management, and the maintenance of identity information is a mix of authoritative and user-provided data. In the next stage, the identity is converted to another identity or retired. Identity management is an ongoing process and requires regular attention.

Identity management solutions provide a framework and best practices for managing identities. They can help you centralize and automate tasks such as onboarding new users, creating SaaS accounts, provisioning privileges, and securing identities. Managing identities is essential to the foundation of digital innovation. You can get a free Snapshot to understand your current identity management needs. You can also join the Securing Identity Workshop to learn more about identity lifecycle management.

Managing Access Rights

Managing access rights is a necessary component of identity lifecycle management. As employees change roles, transfer departments, or leave the organization, their access rights can build up. Therefore, organizations must find ways to automate the process and manage access rights more effectively. In addition, automated processes can help organizations learn about the types of employees and prescribe appropriate access rights.

By managing access rights, organizations can increase the productivity of their users and secure their systems. Access control policies define who can access what resources and for how long, using the principle of least privilege. Lifecycle managers can also enable regular certification campaigns, access reviews, and complete audit trails for individual requests.

IAM solutions should be flexible enough to allow organizations to establish groups and specific privileges. They should also include an approval process to change rights. This will enable companies to give different types of employees slightly different access levels. Additionally, they should support a variety of digital authentication methods.

Automating Processes

Identity lifecycle management (ILM) encompasses all processes necessary for an individual’s identity to evolve. For example, it can support name changes, temporary maternity leaves, and leaving and rejoining an organization. Additionally, it can support role definitions, including creation, adaptation, and termination.

Automating the identity lifecycle management workflow is essential to maintain consistency and ensure no change occurs outside the defined process. This way, organizations can reduce access drift and give their IT security team more time to combat internal and external threats. Automating the process also ensures that identity policies remain consistent across the enterprise.

Identifying users is a crucial aspect of identity lifecycle management, as it determines which applications should be granted access. Users can be systems that need access for background processing or individuals who need to use an application. Identity lifecycle management solutions can automate these processes and reduce the need for manual efforts. In addition to automating operations, these solutions also offer administrative tools for onboarding and offboarding users. With these capabilities, users can quickly request access rights and update account information without needing help desk intervention. Furthermore, they offer centralized monitoring and reporting capabilities.

Costs

The cost of identity lifecycle management is high, especially if you’re dealing with many users. It can cost thousands of dollars for one lousy user experience, not to mention person hours. But the good news is that you can eliminate many of the hassles of managing this process with the right ILM solution.

This system helps manage identity data, credentials, and other attributes that change over time. To ensure the data is accurate, identity providers must perform verifications on updates. However, this process can discourage people from updating their data. In addition, the identity records of some people may need to be retired due to fraud or security breaches.

The Identity Lifecycle Management market is divided into segments based on its types, applications, and end-user sectors. The study also highlights regional and country-level analysis. Key players in the industry are increasing their presence and launching innovative solutions to gain a competitive edge in the market.