Businesses @ Work
Finance 2018
Businesses @ Work takes an in-depth look into how organizations and people work today — exploring employees, partners, contractors and customers, and the apps and services they use to be productive.
Welcome to our 2018 Businesses @ Work Report - Financial Services Edition! This mini report specifically analyzes trends in financial services organizations relative to what we’re seeing across Okta’s entire network. This report includes only a subset of our broader Businesses @ Work Report takeaways and data. You can view the complete 2018 Businesses @ Work Report here.
How did Okta create this report?
To create all our Businesses @ Work reports, we anonymize Okta customer data from our network of thousands of companies, applications, custom integrations, and millions of daily authentications and verifications from countries around the world. Our customers and their employees, contractors, partners and customers use Okta to log in to devices, apps and services, and leverage security features to protect their sensitive data. Our customers span every industry and vary in size, from small businesses to enterprises with tens of thousands of employees. As you read this report, keep in mind that this data is only representative of Okta's customers, the applications we connect to and the ways in which users access these applications through our service.
Unless otherwise noted, this report presents and analyzes data from November 1, 2016 to October 31, 2017, which we refer to as “this year,” “this past year,” “today” and “in 2017.” Similarly, when we refer to “last year” or “in 2016”, we are referring to data from November 1, 2015 to October 31, 2016. 2015 refers to the same period in its respective year.
Finance 2018
The Data
What are the most popular apps among financial services organizations?
When it comes to apps, Okta’s financial services customers certainly have their favorites. For this report, we’ve analyzed the most popular apps based on those with the largest number of customers with the application provisioned.
Most Popular Apps (Number of Customers)
- Financial Services Customers
- Global Customers
Financial Services Customers
Here are a few notable differences from the global data:
- Similar to our global customer base, Office 365 is far and away the most popular app across Okta’s financial services customers. Nearly 50% more of these organizations use Office 365 than use second most popular app, Salesforce.
- Office 365 has more than 2.75x the number of financial services customers in our network vs. G Suite. G Suite is less popular among Okta’s financial services customers compared to our global customer base (7th most popular app vs. 4th most popular app, respectively).
- Box is more popular among financial services customers (3rd) compared to our global customer base (5th). Box’s popularity in this highly regulated vertical can be attributed, in part, to its focus on security and compliance.
What are the fastest growing apps among financial services customers?
We can’t help but notice that our fastest growing apps for financial services customers look very similar to the fastest growing apps from our 2017 Businesses @ Work Report.
Fastest Growing Apps
- Financial Services Customers
- Global Customers
Financial Services Customers
Note: This graph shows the change in rank of each app over time based on Okta’s number of customers that make that app available to their employees, contractors, partners, and customers. Growth is from 11/1/16 - 10/31/17.