

Ping Identity Platform and CyberArk Secrets Management are both contenders in the identity management and cybersecurity niche. Based on comprehensive data, CyberArk Secrets Management is superior due to its extensive feature set, offering better long-term value despite potentially higher initial costs.
Features: Ping Identity Platform is known for effective access management, scalability in hybrid environments, and strong multi-factor authentication. CyberArk Secrets Management stands out with its robust credential vaulting, privileged access security, and session monitoring capabilities.
Room for Improvement: Ping Identity could enhance its credential vaulting, streamline session monitoring, and improve privileged user access controls. CyberArk may benefit from simplifying its configuration process, enhancing user interface intuitiveness, and reducing deployment complexity.
Ease of Deployment and Customer Service: Ping Identity provides flexibility with both cloud and on-premises options, paired with strong customer support. CyberArk, while requiring potentially more initial setup, offers a secure deployment model and focuses on comprehensive integration for complex security needs with detailed assistance.
Pricing and ROI: Ping Identity Platform offers competitive pricing, appealing particularly to mid-sized organizations by providing strong ROI through identity solutions. CyberArk Secrets Management, despite higher upfront costs, delivers substantial ROI by ensuring high-security returns and aligning with enterprises focused on critical data security.
| Product | Market Share (%) |
|---|---|
| CyberArk Secrets Management | 1.5% |
| Azure Key Vault | 42.3% |
| AWS Secrets Manager | 41.1% |
| Other | 15.099999999999994% |
| Product | Market Share (%) |
|---|---|
| Ping Identity Platform | 3.6% |
| Microsoft Entra ID | 7.8% |
| Cisco Duo | 5.0% |
| Other | 83.6% |
| Company Size | Count |
|---|---|
| Small Business | 1 |
| Large Enterprise | 6 |
| Company Size | Count |
|---|---|
| Small Business | 9 |
| Midsize Enterprise | 2 |
| Large Enterprise | 20 |
CyberArk Secrets Management provides credential rotation automation, integration with applications, audit trails, and access controls to enhance security and efficiency.
CyberArk Secrets Management is a comprehensive solution for managing credentials across multiple platforms. It automates password rotation and integrates seamlessly with CI/CD tools, AWS, and healthcare industries. Its audit trails ensure compliance, while granular access controls boost security. Although its documentation needs improvement and some integrations have delays and setup complexities, it remains a scalable and efficient option for credential management.
What are the key features of CyberArk Secrets Management?
What benefits and ROI should users consider?
CyberArk Secrets Management is widely used in industries like healthcare and finance for secure credential handling. In the healthcare sector, it supports HIPAA compliance, ensuring sensitive data protection. Financial institutions rely on its automation and integration capabilities to handle sensitive information efficiently, minimizing manual errors and enhancing operational security.
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