SafeNet Positioned as a Leader in Gartner’s Magic Quadrant for User Authentication

SafeNet, Inc., a global leader in data protection, today announced that the company has been evaluated and positioned by Gartner, Inc. in the Leaders Quadrant in the 2013 "Magic Quadrant for User Authentication report," The report evaluates SafeNet's Fully Trusted Authentication Solutions, which allow organizations to protect identities and transactions across an evolving landscape, including cloud, virtual and mobile environments.

SafeNet was designated as ‘a Leader' by Gartner Inc. for the second consecutive year. According to Gartner, ‘Leaders' in this Magic Quadrant are vendors with a solid track record and, typically, a significant presence in the market. They have a clearly articulated vision that is in line with the market trends and their vision is typically backed by solid technical innovation as well as an understanding of the challenges and opportunities presented by the Nexus of Forces. The ‘Leaders' business strategy and execution are very sound and vendors in this quadrant can provide a strong solution for enterprises in different vertical industries across one or many use cases, typically including emerging needs pertaining to cloud and mobile.

"Significant shifts in the IT landscape have forced a tidal wave of change in Authentication and SafeNet has been at the forefront of that change", stated Andrew Young, Vice President of Product Management and Authentication, SafeNet. "During the past year, we further advanced our leadership position through our increased investments in next generation solutions for cloud and contextual risk based authentication. As a result, SafeNet is one of the only companies that can provide customers with a cloud based platform that can scale with their business, generate operating efficiencies and secure sensitive data in traditional, social, cloud and mobile environments. We are honored that Gartner continues to recognize us, which we believe is for the strength and innovation of our authentication solutions."

Gartner expects further growth in cloud-based user authentication services among enterprises as multitenanted cloud-based services mature, and as cloud computing becomes more widely adopted as a way of delivering business applications and services generally. Gartner predicts that, by 2017, more than 50% of enterprises will choose cloud-based services as the delivery option for new or refreshed user authentication implementations - up from less than 10% today.

SafeNet is already well established as an industry leading authentication solutions provider, with one of the strongest positions in the enterprise user authentication market. SafeNet further built upon this leadership position with the recent launch of SafeNet Authentication Service, which provides customers with a fully automated cloud-based offering which streamlines authentication workflows and significantly reduces administration overhead. With no infrastructure required, this powerful combination provides customers with highly secure authentication, fast and seamless migration to cloud environments, reduced costs and the ability to secure their most sensitive data across users, applications and environments.