Okta Named a Leader in 2024 Gartner® Magic Quadrant™ for Access Management for Eighth Consecutive Year

Rhea-AI Summary

Okta (NASDAQ:OKTA) has been named a Leader in the 2024 Gartner Magic Quadrant for Access Management for the eighth consecutive year. The company was evaluated among 10 vendors on 15 criteria and recognized for its execution ability and vision completeness. Okta serves 19,450 customers with its Identity Platform, offering Workforce and Customer Identity and Access Management solutions.

At its 12th annual Oktane event, Okta unveiled new innovations including Auth for GenAI, Secure SaaS Service Accounts, Governance Analyzer, and Out-of-the-box Integrations for Identity Verification. The company was also recognized in the 2024 Gartner Peer Insights 'Voice of the Customer' report, being the only vendor named as a Customers' Choice for Access Management for six consecutive times.

Positive

• Recognized as a Leader in Gartner Magic Quadrant for 8th consecutive year
• Large customer base of 19,450 clients
• Only vendor to receive Customers' Choice recognition for 6 consecutive times
• Launched new innovative products including Auth for GenAI and Governance Analyzer

Negative

• None.

Okta was recognized for its ability to execute and completeness of vision

SAN FRANCISCO--(BUSINESS WIRE)-- Okta, Inc. (NASDAQ:OKTA), the leading independent Identity partner, today announced that it has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Access Management for the eighth consecutive year. A complimentary version of the full report can be found here.

Gartner defines access management (AM) as tools that include authentication and single sign-on (SSO) capabilities, and that establish, manage and enforce runtime access controls for modern standards-based and classic web applications and APIs. The report evaluated 10 vendors on 15 criteria and placed Okta in the Leaders Quadrant.

“The stakes have never been higher for identity, and being recognized by Gartner for another year is a testament to our commitment to securing identity for our 19,450 customers,” said Todd McKinnon, CEO and Co-Founder, Okta. “As the entry point to companies' infrastructure and consumers' most important data, identity is a critical pillar of security, and we value Gartner insights that help the industry in the fight against identity-based attacks.”

For over 15 years, Okta has delivered the modern Workforce and Customer Identity and Access Management solutions organizations want to secure their businesses and their customers. The Okta Identity Platform delivers identity solutions that are designed and built for ease of use, neutrality, customizability, and reliability, enabling customers to innovate freely, enhance operational excellence, and build lasting relationships.

For more information on the overall Gartner Magic Quadrant evaluation, please visit the Okta blog.

Earlier this year, Okta was also recognized in the 2024 Gartner® Peer Insights™ ‘Voice of the Customer’: Access Management that recognizes vendors based on customer reviews. Okta is the only vendor to be recognized as a Customers’ Choice for Access Management for the 6th consecutive time.

Okta recently shared its new vision for identity at its 12th annual Oktane event, including innovations such as Auth for GenAI to secure identity in GenAI applications, as well as Secure SaaS Service Accounts, Governance Analyzer, and Out-of-the-box Integrations for Identity Verification to help protect business before, during, and after authentication.

*Gartner, Magic Quadrant for Access Management, Brian Guthrie, Abhyuday Data, Nathan Harris December 2, 2024. Gartner, Voice of the Customer for Access Management, Peer Contributors, 25 April 2024. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

About Okta

Okta is the World’s Identity Company. As the leading independent Identity partner, we free everyone to safely use any technology—anywhere, on any device or app. The most trusted brands trust Okta to enable secure access, authentication, and automation. With flexibility and neutrality at the core of our Okta Workforce Identity and Customer Identity Clouds, business leaders and developers can focus on innovation and accelerate digital transformation, thanks to customizable solutions and more than 7,000 pre-built integrations. We’re building a world where Identity belongs to you. Learn more at okta.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241205333106/en/

Vaughn Harring

Okta Analyst Relations

vaughn.harring@okta.com

Source: Okta, Inc.

FAQ

What recognition did Okta (OKTA) receive in the 2024 Gartner Magic Quadrant?

Okta was named a Leader in the 2024 Gartner Magic Quadrant for Access Management for the eighth consecutive year, being evaluated among 10 vendors on 15 criteria.

How many customers does Okta (OKTA) currently serve?

Okta currently serves 19,450 customers with its Identity Platform solutions.

What new products did Okta (OKTA) announce at Oktane 2024?

At Oktane 2024, Okta announced Auth for GenAI, Secure SaaS Service Accounts, Governance Analyzer, and Out-of-the-box Integrations for Identity Verification.

What recognition did Okta (OKTA) receive in the 2024 Gartner Peer Insights?

Okta was recognized as the only vendor to be named a Customers' Choice for Access Management for the sixth consecutive time in the 2024 Gartner Peer Insights 'Voice of the Customer' report.