Okta Named a Leader in Identity-as-a-Service for Enterprise

Results rank Okta highest in Both Current Offering and Strategy Categories in Independent Analyst Report

SAN FRANCISCO — June 12, 2019 — Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced that the company has been named a Leader in The Forrester Wave™: Identity-As-A-Service (IDaaS) for Enterprise, Q2 2019,* a report published by Forrester Research, Inc. The report evaluates ten Identity-As-A-Service (IDaaS) for Enterprise vendors and positions Okta as a Leader, earning the highest ranking in both the “current offering” and “strategy” categories. The research was authored by Andras Cser and Merritt Maxim on June 12, 2019. A complimentary version of the report can be found here.

Forrester’s ranking builds on a history of industry recognition for Okta across analyst firms and technology disciplines. Additionally, in June 2018, Gartner Inc. named Okta a Leader in its Magic Quadrant for Access Management, Worldwide.** For the second year in a row and for both years of the report’s existence, Okta placed highest on the “ability to execute” axis. In November 2018, Okta was named as a Strong Performer in The Forrester Wave™: Zero Trust eXtended (ZTX) Ecosystem Providers, Q4 2018.*** The report recognized Okta with the highest possible score in the evaluation criteria “people/workforce security,” “ZTX vision and strategy,” and “market approach.”

“Being named a Leader by Forrester is incredibly meaningful because we believe that validates how our vision of enabling any organization to use any technology is not only driving growth and innovation for Okta, but for all of our customers,” said Ryan Carlson, Chief Marketing Officer, Okta. “Over the last ten years, Okta has become the identity standard by delivering significant value for thousands of customers who rely on the Okta Identity Cloud, and it’s their success that matters most to us.”

In the Forrester report, Okta earned the highest possible score in twenty of the evaluation criteria, including “access management policy administration,” “API security and solution APIs,” and “identity management plans.” The report further describes Okta's solution: “From its single console, (Okta’s) solution offers strong user directory integration, and access management policy definition capabilities, good integrated Windows authentication (IWA) and single logout configuration support, and offers a broad range of productized multi factor authenticators. Its end user access request management and review workflows are versatile.”

Okta’s placement as a Leader in Forrester’s IDaaS for Enterprise Wave comes amid continued momentum for the company, including global expansion through a new office in Munich, Germany and new cloud infrastructure in Sydney, the hiring of Google veteran Diya Jolly as new Chief Product Officer, and the acquisition of workflow automation vendor Azuqua. At Oktane19 in April, Okta announced numerous new products and functionalities, including Okta Access Gateway, Advanced Server Access, Okta Hooks, The Okta Identity Engine, and Risk-based Authentication.

For a complimentary copy of The Forrester Wave: Identity-As-A-Service for Enterprise, Q2 2019, please visit: https://www.okta.com/resources/analyst-research-forrester-wave-leader-identity-as-a-service

*The Forrester Wave™: Identity-As-A-Service for Enterprise, Q2 2019 **Gartner, Inc., Magic Quadrant for Access Management, Worldwide, Gregg Kreizman, 18 June 2018. ***The Forrester Wave™: Zero Trust eXtended (ZTX) Ecosystem Providers, Q4 2018, Chase Cunningham, 8 November 2018.