The latest Magic Quadrant for User Authentication market assessment from Gartner has placed SafeNet well ahead of 19 other vendors in the highly competitive and increasingly important segment of the IT security market.
Gartner regularly updates magic quadrant assessments for a broad range of IT industry segments, ranking market players in four quadrants based on their relative completeness of vision and ability to execute.
The latest Gartner assessment grouped SafeNet along with rivals RSA (owned by EMC), Gemalto, Vasco Data Security, CA Technologies and Technology Nexus in the 'Leaders' quadrant.
That put them in a strong position to dominate the movement of user authentication towards the cloud, with Garther predicting that some 30 percent of businesses would choose cloud-based user authentication services – compared with around 10 percent today.
One user adopting the SafeNet solution is Hills Holding, which recently reviewed its legacy authentication infrastructure and found it “both costly and a struggle to manage,” said director of business services Derek Brown in a statement.
“In the end, after a short Proof of Concept, the automation features and user self-provisioning of SafeNet’ s cloud-based Authentication service, made the entire process very easy for us to move from our existing system to the new service and it has performed above our expectations to date”.
Symantec, TeleSign, HID Global, Authentify, SecurEnvoy and SecureAuth all weighed in the 'Visionaries' quadrant, indicating that they had less ability to execute than the Leaders.
Gartner also identified a smattering of niche players including Entrust, SMS Passcode, Swivel Secure, Equifax, Deepend Security, PointSharp and Mi-Token.
Microsoft was also ranked in the Niche Players quadrant – an interesting result given the organisation's deep financial resources and expertise in user authentication.
“SafeNet is now designated as a leader for the third consecutive year. This validates our vision and performance as leaders in the authentication market,” said Vince Lee, Regional Director, Australia and New Zealand, SafeNet in a statement.
“We executed against our top three 2012 priorities – introducing new authentication methods, expanding our ecosystem including the establishment of a locally hosted cloud service, and advancing our service-based offering – and our achievement of these goals is explicitly acknowledged in this report.”