Further staking its claim in the burgeoning USD 17 billion IAM market, long-time specialists Ilantus Technologies announced a major restructuring. Ilantus Technologies shall henceforth offer professional services for all leading IAM products, while a newly formed company Ilantus Products will offer its Converged IAM product “Compact Identity”.
The global IAM market is growing rapidly and is forecasted to reach USD 24 billion by the end of 2026, up from USD 12 billion in 2018. What was once a niche market is now one of the largest marketplaces in cybersecurity.
The split-up announced by Ilantus will enable a full range of IAM services of high quality from Ilantus to be available to more global customers and partners.
The company will retain its services business under the Ilantus Technologies banner while moving its product to a newly formed company “Ilantus Products”. This move brings…Read more