SAN FRANCISCO — July 2, 2020 — Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced a major milestone in cloud reliability and uptime, offering 99.99% uptime to all customers in every region of the world at no additional cost. Through its distributed and highly available cloud architecture, now Okta customers of every size – whether free developer instances, up to the largest enterprises – can now count on unparalleled reliability and nearly zero planned downtime. This further deepens Okta’s capability to enable anyone to securely use any technology.
Virtually overnight, digital transformation has accelerated around the world due to COVID-19. Workforces are now relying on the cloud to maintain operations while consumers are turning to digital experiences to interact with their favorite products and services. Adobe’s 2020 Digital Economy Index report indicates e-commerce levels from April and May 2020 were higher than digital spending from the 2019 holiday season. This trend is only expected to continue during the pandemic in addition to the fading concept of working within the confines of a traditional office. According to Gartner, 74% of CFOs intend to shift at least some of their workforce to remote positions permanently. This new dependency has put the reliabilit