What is Identity Governance and Administration ?

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Identity Governance and Administration (IGA) aim to secure an organization’s data privacy, balance risk and improve the customer experience. It is the planning and coordination of user identity management that allows organizations to scalable IT operations and secure users' digital identities. IGA coordinates with the automation solutions for business needs while managing compliance risks and audits. 

As the digital era is evolving rapidly, IGA is playing a significant role in improving workers' productivity by maintaining security regulations. 

The market for Identity Governance and Administration is expected to grow by $7.7 billion by 2023, at a CAGR rate of 15.2%.

So, to maintain user identity, IGA operates with Identity and Access Management (IAM) for automation workflows, managing permissions, and remaining compliant.

Demand for IGA in organizations

Large-scale organizations have a greater workforce that drives them towards IGA solutions. It automated workflows that equip the IT department to deal with bulk approvals, provisioning, de-provisioning, and more. Irrespective of the size of the organization, data security is an exorbitant need of any organization. The data incorrectness and their violation increase the need for security concerns. IGA solutions were designed for data security & transparency, and allowing organizations to better control and visibility users' identities.  

Accompanied with IAM tools, they help organizations in business lifecycle management processes, such as managing passwords, permissions, comprehensive reporting, and scalable operations. 

Role of Automation in IGA

Robotic Process Automation (RPA) tools and technologies speed up application integration and deployment, improving staff efficiency and saving time. RPA tools eliminate the need for manual operations and automate the processes such as managing network devices, databases, and infrastructure that leading to an increase in optimal return on investment (ROI). Technical professionals should plan themselves to access automation IGA operations and architecture. RPA leads to eliminating organizational vulnerabilities & repetitive tasks, synchronizes data compliance activities, and enhances users' experience while controlling staffing costs. 

A recent report by Forbes suggests the RPA market will reach $2.9 billion in 2021. By the end of 2019, RPA will eliminate 20% of all manual activities.

Summing Up

Though IGA is addressing several business problems, such as operational cost, security issues, compliance management, and increasing productivity without compromising compliant standards. IGA solutions are also integrating with cloud applications to address critical business challenges and the shortage of budget, workforce, and time is no longer an issue for any organization. 

We can meet the organizational challenges of protecting the brands and access control for resources even while remaining innovative. We believe collaboration is the key to minimizing risk exposure for identities and providing the IT team with practical insights for structuring and restructuring the data.