Identity and Access Management (IAM) is a crucial aspect of cybersecurity, and it's essential for organizations to have an effective solution in place. However, many companies have found that traditional IAM vendors, such as SailPoint and Saviynt, are extremely expensive and take a long time to implement. The implementation costs for these vendors are typically 3x the purchase price and can span over 2-3 years, which can be a significant financial burden for companies and make it difficult for them to see a return on their investment. In today's turbulent economic climate, companies are looking for more cost-effective and efficient solutions that can return value quickly.
One of the biggest issues with traditional IAM vendors is that they often promote advanced features that most companies never end up using. These vendors tend to have a one-size-fits-all approach, which can lead to companies having to restructure their processes and even abandon the IAM platforms in search of something more flexible.
Readibots and the READI Platform offer a more flexible and efficient alternative to traditional IAM vendors. With the READI Platform, implementation is fast and flexible, allowing companies to tailor their IAM solution to their specific needs. This is a bit like a tailored suit, which is custom-made to fit the wearer perfectly.
One of the key benefits of the READI Platform is that it's much more cost effective than traditional IAM vendors. The READI Platform delivers very fast implementations, with unparalleled flexibility, which can help companies save money and return value quickly.
In conclusion, traditional IAM vendors, such as SailPoint and Saviynt, can be extremely expensive and take a long time to implement. With high implementation costs, often 3x the purchase price and spanning 2-3 years, these costs can be a significant financial burden for companies. Many companies end up regretting their choice of big IGA because they have to restructure many processes and some even end up abandoning the IGA platforms in search of something more flexible. Readibots and the READI Platform offer a more flexible and efficient alternative that is much more cost-effective and can help companies save money and return value quickly.