HOUSTON, TX--(Marketwired - Aug 17, 2016) - Identity Automation, provider of the most scalable, full-lifecycle identity and access management (IAM) software on the market, announced new bookings of annual recurring revenue under contract has increased 139 percent year-over-year for Q2 2016. This growth was fueled by continued sales of RapidIdentity as a Service, a fully hosted and managed cloud-based IAM solution.

Unlike most IDaaS offerings that only provide web-based single sign-on (SSO), limited multi-factor authentication support, and some password management, RapidIdentity as a Service is a complete IAM offering, with the same capabilities as Identity Automation's popular on premise software, RapidIdentity. Regardless of the deployment model, RapidIdentity helps organizations securely provide systems access to internal and external users through SSO and multi-factor authentication, lock down privileged accounts, and automate identity management and compliance processes.

"Organizations of all types and sizes are looking to boost worker innovation, collaboration, and productivity with a growing number of cloud-based technologies and services. Unfortunately, the IT teams tasked with securely managing user access to these systems struggle to do so in a timely and cost-effective manner with their existing, legacy IAM systems," said James Litton, CEO of Identity Automation. "More than ever, organizations are coming to the unavoidable conclusion that they need to replace these systems with a more agile, scalable, and cost-effective solution. As a result, we continue to see strong interest in our modern identity and management software, RapidIdentity for on premise IAM and RapidIdentity as a Service."

Q2 2016 Highlights

  • Increased IDaaS Adoption -- In Q2 2016, Identity Automation added to the growing list of large school districts taking advantage of RapidIdentity as a Service. New customers include Chicago Public Schools, the third largest district in the nation, with 392,000 students and 35,000 staff spanning 660 schools, and Clayton County Public Schools, one of Georgia's largest districts, with more than 55,000 students, staff, and administrators.

  • Continued Dominance in Texas -- Identity Automation added six more school districts in Texas, bringing the total to 62 in the state, including Humble Independent School District, one of the fastest growing districts in Texas with over 45,000 students and staff. Westminster Public Schools, Hutchinson Public Schools, Abilene Independent School District, Canutillo Independent School District, and McKinney Independent School District are the other new customers added in Q2. 

  • Expanding Footprints in Missouri, North Carolina, and Virginia -- Rockwood School District, the first customer for Identity Automation in Missouri, has chosen RapidIdentity to help them seamlessly manage the identities and access needs of over 21,000 students across 29 schools. Wake County Public School, the largest school in North Carolina with more than 150,000 students, made the decision to augment the NC statewide cloud identity management program with their own local RapidIdentity solution. And, Dinwiddie County Public Schools became the sixth school district from Virginia to select RapidIdentity as their next generation IAM solution. 

  • Ongoing Enterprise Traction -- Identity Automation continues to see strong interest from midsize to large organizations in retail, healthcare, energy, and manufacturing industries looking to modernize their IAM solution, use a single platform for their IAM needs, and to leverage RapidIdentity's built-in support for external users, such as contractors, partners, and seasonal workers.

  • New Vice President of Worldwide Sales -- Identity Automation hired Walt Nowicki as Vice President of Worldwide Sales. Nowicki brings more than 20 years of sales and senior-level experience in the technology industry to Identity Automation and will be responsible for leading the global sales organization, growing its customer base, and expanding into new markets.

About Identity Automation
Identity Automation is a leading provider of Identity and Access Management software. We help enterprise, education, and government customers streamline security, limiting risk from data and network breaches, improving organizational agility, and reducing IT costs. Our flagship product, RapidIdentity actively manages user access to on-premises and cloud-based systems, and puts control of crucial security-management and governance tools in the hands of those who can use it best -- employees and managers. Intuitive, lightning- fast, rapid to deploy on premise or in the cloud, and easy to use, RapidIdentity is the right choice for organizations looking to streamline security in a dangerous world. Visit http://www.identityautomation.com for more information.

Contact Information:

Jim Dvorak