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HashiCorp Vault vs One Identity Password Manager comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 16, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

HashiCorp Vault
Ranking in Enterprise Password Managers
4th
Average Rating
8.2
Reviews Sentiment
7.2
Number of Reviews
17
Ranking in other categories
No ranking in other categories
One Identity Password Manager
Ranking in Enterprise Password Managers
14th
Average Rating
8.2
Reviews Sentiment
7.2
Number of Reviews
8
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of May 2025, in the Enterprise Password Managers category, the mindshare of HashiCorp Vault is 12.3%, down from 14.2% compared to the previous year. The mindshare of One Identity Password Manager is 0.3%, down from 0.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers
 

Featured Reviews

AKASHGUPTA3 - PeerSpot reviewer
Easy to manage and maintain the password API but stability could be improved
I would advise doing a Proof of Concept first and then deciding accordingly because your use case might be simple. You can try out AWS Key Management or Azure Key Vault. They are different products. Do the POC and then decide what you need. Overall, I would rate the solution a six out of ten. No solution is a ten in my opinion.
Stefano Maffei - PeerSpot reviewer
An easy-to-use tool that offers its users strong security on the password management front
In my company, we use the solution's dictionary rule to see the availability of passwords or for the integration to other external systems with two-factor authentication The most valuable feature of the solution is that it's a standard product to help our customers implement a solution and to…

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The most valuable feature of HashiCorp Vault is the management of tickets in the pipeline."
"It is an added value for our customers to have a Secrets Management workflow available that is PaaS/CaaS/KaaS Platform agnostic."
"It can still be configured by a separate team other than developers. That's why I think it's more secure."
"We use the solution for secret management."
"The most valuable feature of HashiCorp Vault is that it's an open source solution. Second, it's cloud agnostic, so it's very easy to maintain and control, which is why we prefer HashiCorp."
"We were using it because we have compliance requirements around secret management. Having a secure vault and encrypting data was an additional requirement. When we looked at it first, we were just looking for a vault, like a lockbox. The greatest benefit of HashiCorp is its ability to manage encryption on the fly. It provides encryption of data at rest, in use, in transit, on the fly, and linked with applications, which was really attractive."
"The most valuable feature of HashiCorp Vault is version control."
"The most valuable feature of HashiCorp Vault is version control."
"Password Manager is very effective at helping users reset their passwords."
"It is extremely simple to integrate with various systems, including OTP, passwords, and so on because everything is based on our environment."
"It is an absolutely scalable solution...The product is easy to install."
"One Identity Password Manager is a stable solution."
"The solution is very customizable."
"What I found most valuable in One Identity Password Manager is its easy use. It's a flexible solution. It also supports many languages, including Arabic."
"It provides seamless integration with different types of password modules like temporary access passcode and MFA."
"It does have advantages over the other products that we are seeing. Other products don't have the out-of-the-box OTP option, whereas One Identity Password Manager has the out-of-the-box OTP option. It also has a cloud-based solution for generating OTPs. So, the customers can either opt for their own SMS gateway, or they can use the One Identity OTP option where they don't have to have an SMS gateway. With other products, customers must have their own SMS gateway."
 

Cons

"We could use more documentation, primarily to do with integrations."
"The solution's initial setup process is complicated."
"In terms of features, the only thing that I found a little bit hinky was that there was no revocation or deletion on the model we were using. Once in a financial year, a client interacts, and you pay for that client for the year. So, there are just little things like that in the pricing. There should be more clarity around the end of the key. I know there is no system like this. They all are the same. I tested Microsoft, Google, and some others, and none of them really want you to delete a key, which makes sense. You delete a key, and you lose everything that it has wrapped or encrypted, but it's actually just a language. Deletion isn't really deletion. It's really revocation, but overall, HashiCorp Vault ticked all the boxes for us, and I couldn't fault it."
"In my opinion, HashiCorp Vault could improve its user interface. Right now, they don't offer much in terms of a graphical interface, which means you usually have to manage things manually through API calls. I think CyberArk has a better approach because it provides a UI that integrates features across all its components, making it easier, especially for new users or those from organizations with strict licensing policies."
"I don't think there are any major improvements required—so far, so good. However, I think that having more training materials, such as videos, and documentation available would be helpful. I would prefer to have more videos available either on the official site or on YouTube."
"I would rate the stability a six out of ten. There are some bugs and glitches. We are in touch with the vendor to resolve them."
"A drawback for some clients who have to be PCI compliant is that they still need to use and subscribe to an HSM (Hardware Security Module) solution."
"The documentation is very general; it should have more examples and more use cases."
"The software is complex on the backend, and there isn't enough documentation."
"The UI needs improvement to match any other standard password manager because it's not very intuitive right now."
"One Identity Password Manager could improve the integration with other technology, it is complex for integrating. There needs to be more connectors or adapters. There is limited out-of-the-box customization."
"If there is a self-service option to update the mobile number, it will be much more useful."
"An area for improvement in One Identity Password Manager is the management gap since Quest is no longer under Dell, and One Identity is under Quest. The management gap resulted in poor support, which needs improvement."
"There is a need for better Windows Eleven compatibility, especially for resetting passwords before login."
"I would like it to be more secure in terms of password storage."
"The improvement required is an increase in the number of people who manage the product's support team."
 

Pricing and Cost Advice

"The solution's cost is reasonable."
"The AWS version is much cheaper than HashiCorp Vault."
"I am using the open-source version of Vault and I would have to buy a license if I want to get support."
"In my case, the open-source version works well. It's advisable for small to medium-scale organizations, but for large-scale organizations, you should go with the enterprise version."
"It could do everything we wanted it to do and it is brilliant, but it is super pricey. To be fair to HashiCorp, we drove the price up with our requirements around resiliency. Because of the nature of our company, we don't really operate in the cloud."
"The product is expensive."
"The price of One Identity Password Manager is average. There are other solutions that are more expensive, such as ARCON and others that are less expensive."
"It is not that expensive, as far as I recall. It was approximately $1.50 USD per user or something like that."
"The licensing for One Identity Password Manager depends on the customer's requirement. For example, it could be one year, or it could be three years. In general, One Identity Password Manager is not an expensive product. Pricing for it is competitive."
"Though the solution's price is reasonable, it depends on the number of users operating at the customer's end."
"Its price is on the cheaper side. It has a perpetual license, and everything is included in the license. You only have to pay separately for the SMS gateway or the OTP part."
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Top Industries

By visitors reading reviews
Financial Services Firm
20%
Computer Software Company
15%
Manufacturing Company
8%
Government
6%
Financial Services Firm
18%
Real Estate/Law Firm
14%
Legal Firm
7%
Computer Software Company
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

Which is better - HashiCorp Vault or AWS Secrets Manager?
HashiCorp Vault was designed with your needs in mind. One of the features that makes this evident is its ability to work as both a cloud-agnostic and a multi-cloud solution. As a cloud-agnostic sol...
What do you like most about HashiCorp Vault?
The feature I find most beneficial in HashiCorp Vault is the secret engine. It integrates smoothly with many applications, making it easy to set up and implement quickly. This allows you to test it...
What is your experience regarding pricing and costs for HashiCorp Vault?
If I were to set it up in AWS Secret Management, I would have to manage it, pay, and create secrets without being cloud agnostic. The advantage with Vault is that it is cloud agnostic. I can deploy...
What do you like most about One Identity Password Manager?
It is an absolutely scalable solution...The product is easy to install.
What is your experience regarding pricing and costs for One Identity Password Manager?
Though the solution's price is reasonable, it depends on the number of users operating at the customer's end. Suppose you have a customer with only a few users. In that case, the product's prices a...
What needs improvement with One Identity Password Manager?
There is a need for better Windows Eleven compatibility, especially for resetting passwords before login. Additionally, the dictionary functionality needs improvement.
 

Overview

 

Sample Customers

Adobe, SAP Ariba, Citadel, Spaceflight, Cruise
Trillium Lakelands District School Board, Abu Dhabi Ports, Canadian University Dubai
Find out what your peers are saying about HashiCorp Vault vs. One Identity Password Manager and other solutions. Updated: April 2025.
850,236 professionals have used our research since 2012.