Okta Inc. believes its already rapid growth is expected to accelerate as organizations hop aboard the zero-trust security boat in the aftermath of a pandemic that has shattered corporate perimeters, with second-quarter earnings that blew away Wall Street projections.
The company’s recent entry into the market for privileged access management (PAM) products, which officials claim increases Okta’s total addressable market from $55 billion to $80 billion, will be key to that.
The identity management company recently made it clear in a call with analysts that its acquisition of Auth0 Inc. earlier this year places it in a situation to dominate the market for consumer as well as business-to-business identity management.
To Read More: SiliconAngle
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