Three Higher Education Customers with 30,000+ Users Migrate to BIO-key's PortalGuard IDaaS Cloud Platform for Streamlined Operations and Enhanced Access Management
BIO-key International (NASDAQ: BKYI) announced that three higher education institutions - Northeast Iowa Community College, Eastern University, and University of Guam - with over 30,000 users have migrated from on-premises deployments to the PortalGuard IDaaS cloud platform. These institutions join over 50 organizations with 4+ million users who have adopted BIO-key's cloud solution since its November 2020 launch.
The migration to PortalGuard IDaaS enables customers to implement IT infrastructure best practices, streamline operations, improve uptime, and enhance disaster recovery capabilities. The platform offers reduced total ownership costs, strengthened cyberattack protection, and comprehensive visibility into user access across enterprises. The solution supports Zero Trust security frameworks and helps organizations meet stricter IT standards and cybersecurity insurance requirements.
BIO-key International (NASDAQ: BKYI) ha annunciato che tre istituzioni di istruzione superiore - Northeast Iowa Community College, Eastern University e University of Guam - con oltre 30.000 utenti hanno migrato da implementazioni on-premises alla piattaforma cloud PortalGuard IDaaS. Queste istituzioni si uniscono a oltre 50 organizzazioni con più di 4 milioni di utenti che hanno adottato la soluzione cloud di BIO-key dal suo lancio nel novembre 2020.
La migrazione a PortalGuard IDaaS consente ai clienti di implementare le migliori pratiche di infrastruttura IT, semplificare le operazioni, migliorare i tempi di attività e potenziare le capacità di recupero da disastri. La piattaforma offre costi complessivi di proprietà ridotti, protezione rafforzata contro gli attacchi informatici e una visibilità completa sull'accesso degli utenti all'interno delle aziende. La soluzione supporta i framework di sicurezza Zero Trust e aiuta le organizzazioni a soddisfare standard IT più rigorosi e requisiti di assicurazione sulla cybersecurity.
BIO-key International (NASDAQ: BKYI) anunció que tres instituciones de educación superior - Northeast Iowa Community College, Eastern University y University of Guam - con más de 30,000 usuarios han migrado de implementaciones locales a la plataforma en la nube PortalGuard IDaaS. Estas instituciones se suman a más de 50 organizaciones con más de 4 millones de usuarios que han adoptado la solución en la nube de BIO-key desde su lanzamiento en noviembre de 2020.
La migración a PortalGuard IDaaS permite a los clientes implementar las mejores prácticas de infraestructura de TI, agilizar las operaciones, mejorar el tiempo de actividad y mejorar las capacidades de recuperación ante desastres. La plataforma ofrece costos totales de propiedad reducidos, protección fortalecida contra ciberataques y una visibilidad integral sobre el acceso de los usuarios en las empresas. La solución es compatible con marcos de seguridad Zero Trust y ayuda a las organizaciones a cumplir con estándares de TI más estrictos y requisitos de seguro de ciberseguridad.
BIO-key International (NASDAQ: BKYI)는 3만 사용자가 넘는 학생 수를 보유한 세 개의 고등 교육 기관인 Northeast Iowa Community College, Eastern University 및 University of Guam이 온프레미스 배포에서 PortalGuard IDaaS 클라우드 플랫폼으로 이전했다고 발표했습니다. 이러한 기관들은 2020년 11월 출시 이후 BIO-key의 클라우드 솔루션을 채택한 50개 이상의 조직과 400만 명 이상의 사용자에 합류합니다.
PortalGuard IDaaS로의 이전은 고객이 IT 인프라 모범 사례를 구현하고 운영을 간소화하며 가동 시간을 개선하고 재해 복구 기능을 향상시킬 수 있도록 합니다. 이 플랫폼은 총 소유 비용을 감소시키고 사이버 공격 보호를 강화하며 기업 전체의 사용자 액세스에 대한 포괄적인 가시성을 제공합니다. 이 솔루션은 제로 트러스트 보안 프레임워크를 지원하며 조직이 더 엄격한 IT 표준 및 사이버 보안 보험 요구 사항을 충족할 수 있도록 도와줍니다.
BIO-key International (NASDAQ: BKYI) a annoncé que trois établissements d'enseignement supérieur - le Northeast Iowa Community College, l'Eastern University et l'University of Guam - comptant plus de 30 000 utilisateurs ont migré d'implémentations sur site vers la plateforme cloud PortalGuard IDaaS. Ces institutions rejoignent plus de 50 organisations comptant plus de 4 millions d'utilisateurs qui ont adopté la solution cloud de BIO-key depuis son lancement en novembre 2020.
La migration vers PortalGuard IDaaS permet aux clients de mettre en œuvre les meilleures pratiques d'infrastructure informatique, de rationaliser les opérations, d'améliorer le temps de travail et de renforcer les capacités de récupération après sinistre. La plateforme offre des coûts de possession totaux réduits, une protection renforcée contre les cyberattaques et une visibilité complète sur l'accès des utilisateurs au sein des entreprises. La solution prend en charge les cadres de sécurité Zero Trust et aide les organisations à répondre à des normes informatiques plus strictes et aux exigences d'assurance en cybersécurité.
BIO-key International (NASDAQ: BKYI) gab bekannt, dass drei Hochschulen - Northeast Iowa Community College, Eastern University und die University of Guam - mit über 30.000 Nutzern von On-Premises-Implementierungen zur Cloud-Plattform PortalGuard IDaaS gewechselt sind. Diese Institutionen schließen sich über 50 Organisationen mit mehr als 4 Millionen Nutzern an, die seit dem Start der Cloud-Lösung von BIO-key im November 2020 übernommen wurden.
Die Migration zu PortalGuard IDaaS ermöglicht es den Kunden, bewährte Methoden für die IT-Infrastruktur umzusetzen, die Abläufe zu optimieren, die Betriebszeiten zu verbessern und die Möglichkeiten zur Wiederherstellung nach Katastrophen zu stärken. Die Plattform bietet reduzierte Gesamtkosten für den Besitz, verstärkten Schutz gegen Cyberangriffe und umfassende Sichtbarkeit des Nutzerzugangs in Unternehmen. Die Lösung unterstützt Sicherheitsframeworks der Zero Trust und hilft Organisationen, strengere IT-Standards und Anforderungen an Cyberversicherung zu erfüllen.
- Addition of three new educational institutions with 30,000+ users to cloud platform
- Growing customer base reaching 50+ organizations with 4+ million users since 2020
- Platform migration reduces total cost of ownership for customers
- Enhanced security features meeting stricter cybersecurity insurance requirements
- None.
Insights
This customer migration announcement represents a meaningful expansion of BIO-key's cloud-based identity management business. The addition of three higher education institutions with 30,000+ users to their PortalGuard IDaaS platform demonstrates growing market validation and recurring revenue potential. The shift from on-premises to cloud deployments typically generates higher-margin recurring revenue while reducing customer churn through deeper platform integration.
What's particularly notable is that these migrations join 50+ organizations with 4+ million users already on the platform since late 2020, indicating strong product-market fit in the education vertical. The timing aligns with increasing cybersecurity insurance requirements and Zero Trust security adoption trends, positioning BIO-key to capitalize on industry tailwinds.
For a micro-cap company with a
The migration trend to cloud-based IAM solutions highlighted here reflects critical security imperatives in higher education. These institutions face unique challenges managing large user populations with diverse access needs while defending against sophisticated cyber threats. PortalGuard IDaaS's phoneless and tokenless authentication approach differentiates it from traditional multi-factor solutions that can create friction and support overhead.
The platform's emphasis on passwordless and phishing-resistant authentication aligns with Zero Trust principles and addresses key vulnerability points exploited in recent education sector breaches. Integration of disaster recovery capabilities and centralized visibility are essential features for meeting rising cybersecurity insurance requirements, which increasingly mandate specific security controls and incident response capabilities.
HOLMDEL, N.J., Jan. 21, 2025 (GLOBE NEWSWIRE) -- BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) software for phoneless, tokenless, passwordless, and phishing-resistant authentication, announced today that three additional customers:
Northeast Iowa Community College – Peosta, IA;
Eastern University – St. Davids, PA; and
University of Guam – Mangilao, Guam,
with over 30,000 users, have migrated their on-premises deployments of PortalGuard to the PortalGuard IDaaS enterprise security platform. These customers join over 50 organizations with 4+ million users that have embraced BIO-key’s cloud-based solution since its November 2020 launch.
Migrating to the PortalGuard IDaaS platform enables BIO-key customers to adopt IT infrastructure best practices, streamline and centralize operations, improve uptime, enhance resource access efficiency, and enable seamless disaster recovery. PortalGuard IDaaS adoption enhances operational effectiveness, reduces the total cost of ownership, and strengthens protection against cyberattacks. By partnering with BIO-key experts, organizations can collaboratively manage end-user access to applications and data while ensuring robust security controls are in place.
The growing threat of security breaches, stricter IT standards, and more demanding cybersecurity insurance requirements are prompting organizations to embrace cloud-based solutions for protecting their applications and data. With PortalGuard IDaaS, BIO-key customers can seamlessly transition to a unified identity management system that provides comprehensive visibility into user access across the entire enterprise, regardless of login location. This integrated solution boosts productivity by minimizing workflow disruptions and enhances support for Zero Trust security frameworks, which are increasingly essential for maintaining a strong security posture.
"IT leaders are shifting from on-premises technology to flexible, scalable, and cost-effective cloud solutions," said Mark Cochran, President of BIO-key – PortalGuard. "With PortalGuard IDaaS, organizations can adjust resources as needed, eliminate wasteful spending, and quickly respond to peak demands. Our cloud solution not only offers greater agility and cost savings but also provides opportunities for organizations to transform these benefits into a competitive advantage, all while reducing reputational risks.
About BIO-key International, Inc. (www.BIO-key.com)
BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software securing access for over forty million users. BIO-key allows customers to choose the right authentication factors for diverse use cases, including phoneless, tokenless, and passwordless biometric options. Its cloud-hosted or on-premise PortalGuard IAM solution provides cost-effective, easy-to-deploy, convenient, and secure access to computers, information, applications, and high-value transactions.
BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "believes" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include factors set forth under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements, whether as a result of new information, future events, or otherwise.
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FAQ
How many new educational institutions migrated to BIO-key's PortalGuard IDaaS platform in January 2024?
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