Thycotic Named a Leader in the 2020 Gartner Magic Quadrant for Privileged Access Management

WASHINGTON, DC, August 19, 2020 – Thycotic, a provider of Privileged Access Management (PAM) solutions for more than 10,000 organizations worldwide, including 25 of the Fortune 100, has been named a Leader in the 2020 Gartner “Magic Quadrant for Privileged Access Management.”

Thycotic makes enterprise-grade privilege management accessible for all by eliminating the dependency on overly complex security tools and creating PAM solutions that prioritize productivity, flexibility, and control. Thycotic has developed a strong customer-focused model with an abundance of technical support, user-friendly UIs, and easy installation and configuration.

Thycotic’s recent acquisition of Onion ID, adding three new products to its portfolio, has also put the company in a stronger position to provide PAM solutions for IaaS, SaaS, and databases, a market currently underserved by most PAM providers.

“To us, Thycotic’s recognition as a Leader in the Magic Quadrant for PAM is a significant milestone in our company’s history and a testament to our product strategy grounded in a commitment to rapid innovation and end user experience,” said James Legg, CEO at Thycotic. “Thycotic has led the market with true SaaS offerings that provide a powerful privileged access layer across hybrid and multi-cloud infrastructures. 2020 will be a banner year for Thycotic, as we are extending advanced, fine-grained access controls across every user population for an increasingly remote and decentralized modern enterprise.”

To read a complimentary copy of the 2020 Gartner Magic Quadrant for Privileged Access Management, click here.

1. Gartner, Magic Quadrant for Privileged Access Management, Felix Gaehtgens, Abhyuday Data, Michael Kelley, 4 August 2020

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