According to Statista, the market for identity and access management is expected to grow to 7.1 billion dollars by the year 2018. This is up from 4.5 billion dollars in 2012; and much of this growth can be attributed to the fact that so many organizations are looking to upgrade their identity management software to better meet the security and workflow needs their company faces.
Unfortunately, there is no odometer on your current identity management solution that tells you it is time for an upgrade. Instead, knowing when you need to look at making a change can be determined by these four key factors.