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Okta, Inc. - OKTA STOCK NEWS

Welcome to our dedicated page for Okta news (Ticker: OKTA), a resource for investors and traders seeking the latest updates and insights on Okta stock.

Okta, Inc. (Symbol: OKTA) is the leading independent provider of identity solutions for enterprises. Headquartered in San Francisco, Okta operates globally, ensuring the security and efficiency of digital interactions for many of the world's largest companies. The core of Okta's business lies in its Okta Identity Cloud, which connects and protects employees, partners, suppliers, and customers. With deep integrations to over 5,000 applications, the Okta Identity Cloud enables secure and seamless access from any device.

Okta serves thousands of customers, including notable names like Experian, 20th Century Fox, LinkedIn, Flex, News Corp, Dish Networks, and Adobe. These clients trust Okta to enhance productivity, boost revenue, and maintain robust security measures. The company's solutions cater to two key stakeholder groups: workforces and customers. For workforces, Okta provides secure access to both cloud-based and on-premises resources, ensuring that employees can work efficiently and safely. For customers, Okta ensures secure access to their clients' applications, fostering trust and reliability.

Okta has consistently achieved significant milestones since going public in 2017. The firm's financial condition remains strong, backed by strategic partnerships and continuous innovation in identity and access management. Recent projects focus on expanding the capabilities of the Okta Identity Cloud, enhancing user experience, and incorporating the latest security advancements.

Committed to helping organizations fulfill their missions faster, Okta’s technology is designed to be intuitive and secure. The company’s cloud-native approach positions it as a forward-thinking leader in the cybersecurity space, adapting rapidly to the evolving digital landscape.

Stay updated with the latest developments and news about Okta, Inc. by following the most recent updates:

  • Article on Okta's recent security advancements
  • Interview with Okta's CEO on future directions
  • Partnership announcement with a major tech firm
  • Quarterly financial performance report
  • Case study on Okta's impact on a leading enterprise
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BlackBerry Limited announced a technology integration with Okta, Inc. to enhance enterprise security and productivity in the remote work environment. The integration combines Okta's Identity Cloud with BlackBerry's Unified Endpoint Management (UEM), enabling seamless authentication and optimal workforce productivity. BlackBerry UEM is recognized for its robust security measures, holding multiple government certifications. This partnership aims to empower organizations with a comprehensive solution for identity and access management, ensuring data protection while allowing employees to work from anywhere.

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Okta, Inc. (NASDAQ: OKTA) is set to release its financial results for the third quarter of fiscal 2022 on December 1, 2021, after U.S. market close. The company will host a live video webcast at 2:00 p.m. Pacific time to discuss these results. As the leading independent identity provider, Okta connects people with the technologies they need, boasting over 13,050 clients worldwide. Investors can access the webcast and press release on Okta's investor relations website.

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Okta's Auth0 Identity Platform has been selected as the identity provider for Wharton Interactive's new e-learning platform aimed at democratizing business education. This partnership will implement Single Sign-on (SSO) to enhance user experience by allowing seamless access across various applications. The initiative focuses on increasing accessibility to Ivy League education through immersive learning experiences. Sarah Toms, co-founder of Wharton Interactive, highlighted the swift partnership development, emphasizing the importance of security and usability in modern education.

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Okta, Inc. (NASDAQ:OKTA) announced plans to open an Experience Center in New York City's Flatiron District, covering over 6,500 square feet. This space aims to enhance customer engagement by providing an immersive environment for users to experience Okta's identity management solutions. The center will facilitate interactions among customers, partners, and employees, reflecting the company's commitment to customer satisfaction. The opening is scheduled for November 2022, marking a significant expansion in Okta's physical presence.

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Auth0 Identity Platform, a unit of Okta, has launched the Auth0 Identity Platform on Microsoft Azure. This new cloud deployment option enhances customer choices and scalability while ensuring greater security and data residency capabilities. Organizations can now align their technology stack with Azure, streamlining their customer identity and access management needs. The solution is particularly beneficial for industries requiring stringent data control and compliance, such as retail and financial services. This offering was highlighted during Showcase21 on Oct. 13, 2021.

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Okta, Inc. (NASDAQ: OKTA) announced its advancements in Customer Identity and Access Management (CIAM) at its annual Showcase event in San Francisco. The event marks the first joint announcement post-Auth0 acquisition. New capabilities introduced include Device Authorization Grant, Branding, and Custom Administrator Roles, focused on enhancing security and user experience. Okta's investment in CIAM leverages a growing $30 billion market opportunity, aiming to provide organizations with improved security and usability. The features are available for early access, with general availability expected in late 2021 and early 2022.

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Okta, Inc. (NASDAQ:OKTA) has announced the rollout of Okta Workflows as a standalone offering, enhancing identity automation for customers. This new service expands the capabilities of identity management beyond Lifecycle Management into advanced security orchestration and DevOps. It features new pre-built connectors and templates, allowing users to implement workflows efficiently.

Customers can start using up to five flows at no cost, facilitating improved security, productivity, and user experience across various applications.

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FAQ

What is the current stock price of Okta (OKTA)?

The current stock price of Okta (OKTA) is $83.28 as of December 20, 2024.

What is the market cap of Okta (OKTA)?

The market cap of Okta (OKTA) is approximately 13.8B.

What does Okta, Inc. do?

Okta provides identity and access management solutions for enterprises, ensuring secure connections for employees, partners, and clients.

What is the Okta Identity Cloud?

The Okta Identity Cloud is a platform that integrates with over 5,000 apps, enabling secure access to resources from any device.

Who are Okta’s key clients?

Notable clients include Experian, 20th Century Fox, LinkedIn, Flex, News Corp, Dish Networks, and Adobe.

When did Okta go public?

Okta went public in 2017.

What are Okta’s main offerings?

Okta's main offerings are identity solutions for workforces and customers, ensuring secure access to cloud-based and on-premises resources.

How does Okta enhance security?

Okta enhances security through deep integrations with numerous applications and offers secure access from any device.

What recent achievements has Okta accomplished?

Recent achievements include advancements in security features, strategic partnerships, and continuous innovation in identity management.

Where is Okta headquartered?

Okta is headquartered in San Francisco, California.

What strategic partners does Okta collaborate with?

Okta collaborates with a wide range of partners, including major tech firms and enterprises, to enhance its service offerings.

How does Okta help organizations achieve their goals?

Okta helps organizations by providing secure and easy-to-use technologies, allowing them to work efficiently and safely, ultimately fulfilling their missions faster.

Okta, Inc.

Nasdaq:OKTA

OKTA Rankings

OKTA Stock Data

13.83B
162.68M
0.56%
86.78%
1.68%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO