BeyondTrust Named a Leader in 2020 Gartner Magic Quadrant for Privileged Access Management
BeyondTrust, the worldwide technology leader in Privileged Access Management (PAM), today announced it has been named a Leader in the 2020 Gartner Magic Quadrant for Privileged Access Management for the second time in a row. BeyondTrust is recognized for its completeness of vision and ability to execute. BeyondTrust also has one of the highest scores in the companion Critical Capabilities for Privileged Access Management research note in both the Global and Large & Midsize Enterprises Use Cases.
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BeyondTrust’s innovative Universal Privilege Management approach to PAM goes beyond simply managing passwords in a vault for a limited set of privileged users. The company’s integrated PAM solutions enable security and IT professionals to manage the explosion of privileges across their entire enterprise to drastically reduce the attack surface. BeyondTrust’s unique approach to PAM is more relevant than ever amid the challenges of the pandemic and resulting work from home shift, exemplified by BeyondTrust’s 35 percent YOY growth in the first half of 2020.
“We believe BeyondTrust’s position as a Leader, along with our rapid market growth, validates our Universal Privilege Management model that delivers the protection and productivity required by modern enterprises,” said Matt Dircks, CEO of BeyondTrust. “With attacks targeting remote users—such as phishing and malware—rising, and budgets and resources declining, our ability to secure privileges across every user, session, and asset, paired with quick deployments and out-of-the-box integrations, delivers the security and efficiencies today’s customers require.”
In the Critical Capabilities research note, BeyondTrust scores well across all critical PAM use cases, ranking 2nd in both the Global and Large & Midsize Enterprises Use Cases.
While password and session management (PASM) remains a critical component of PAM, as privileged threats increasingly exploit endpoints and remote access pathways, privilege elevation and delegation management (PEDM) and secure remote access (SRA) are also crucial to any modern PAM strategy. As BeyondTrust outlines in its Universal Privilege Management model, it takes all three pillars working together to holistically address today’s threatscape and expanding PAM use cases.
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To us, the 2020 Gartner Magic Quadrant and Critical Capabilities for Privileged Access Management reports reflect progress through January 2020. Since then, BeyondTrust has introduced several significant product releases, including:
- Privilege Management for Windows and Mac SaaS: A new SaaS version of BeyondTrust’s market-leading solution for implementing least privilege and securing Windows and Mac machines.
- Remote Support 20.1: Increased Service Desk security and efficiency with enhancements to the built-in BeyondTrust Vault, available both on-premise and via SaaS.
- DevOps Secrets Safe v20.3: Strengthens secrets management with new authentication and integration options.
In addition to being named a Leader in the 2020 Gartner Magic Quadrant for PAM, BeyondTrust recently received the following industry awards:
- Cloud Computing Magazine Excellence Award
- Best Privileged Access Management Solution (SC Awards Europe 2020)
- Leader in KuppingerCole’s Leadership Compass for Privileged Access Management (PAM)
- Singapore Business Review (SBR) Excellence Award
Gartner Disclaimer: 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 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.
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