Kron Recognized as a Leader in Omdia Universe Privileged Access Management 2021 Report

Kron Recognized as a Leader in Omdia Universe Privileged Access Management 2021 Report

Nov 03, 2021 / Kron

As an exporter of software products to many global companies in such sectors as telecommunication, finance, energy, and healthcare, Kron ranked among the globally leading Privileged Access Management companies in “Omdia Universe: Selecting a Privileged Access Management Solution, 2021-22” report of Omdia, the prominent global research and consulting company in the field of technology. In the report which is centered around a combination of market effect, solution capabilities, and customer experience for all companies in the industry at a global scale, Kron as the Privileged Access Management (PAM) producer of Turkey operating in the global arena was shown among the market leaders in the field. Lütfi Yenel, the Chairman of the Board of Kron said: “As a company that serves the leading institutions in Turkey and in the world in the field of Privileged Access Management (PAM) and that exports its software products to Europe, Asia-Pacific, South and North America, we are proud of having underlined once again the high quality and unique nature of our products by being ranked among the market leaders by the world-renown research and consulting company Omdia. PAM market reached 2 billion dollars’ worth in 2020. This accounts for an increase of 14 percent compared to 2019. On the other hand, the market is expected to reach 2.3 billion dollars in 2021. According to the estimates in the report, the PAM market shall hit 4 billion dollars in 2025. I thank all my colleagues who have put all their efforts and contributions to the achievement of this success in such a big market.”

Offering a roadmap for building the technologies of the future

Omdia, one of the globally leading research and consulting companies, publishes an Omdia Universe report every year in order to help the decision-makers in technology get the most out of the existing countless PAM products and take correct decisions. With a focus on the combination of market effect, solution capabilities, and customer experience of all companies in the industry at a global scale, the Omdia Universe report thus identifies the best-performing companies in the sector as the leaders, competitors, and promising firms. The company also keeps working to ensure that technology producers have a better understanding of their market positions, how the users' requirements can be better satisfied, and how the technologies of the future should be built.

PAM is the best in the industry!

Privileged Access Management (PAM), which focuses on cybersecurity in the field of information technologies, is a solution that ensures a detailed and strict control and management of access to critical corporate data that require confidentiality and to personal data which companies must protect pursuant to regulations such as PDPL, GDPR, etc. Positioned as the only and the leading software producer in Turkey in the field of PAM, Kron is the first and the only Turkish company that was featured in a Gartner report twice in a row and listed as one of the limited PAM software providers in the world in the reports of research companies such as KuppingerCole and Forrester. Kron has been working at full steam in its headquarters at Istanbul ITU ARI Teknokent, the R&D centers in Ankara Bilkent Cyberpark and in Izmir, and in its offices in New Jersey and Islamabad.

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