Identity as a Service, also known as IDaaS or SaaS-delivered IAM solutions, refer to identity management solutions that are hosted in the cloud and managed by third-party service providers. In recent years, SaaS-delivered solutions overtook software-based solutions to become the preferred IAM delivery method for the vast majority of customers. In contrast to IDaaS, software-delivered solutions, frequently referred to as “on-prem” solutions, are single-tenant solutions delivered as traditional software installations or virtual appliances.
Identity analytics refers to a process of employing machine learning and artificial intelligence (AI) technologies to consume and analyze vast amounts of identity and access-related data and distill that data into actionable intelligence, allowing organizations to detect and respond to access risk more quickly. Identity Analytics relies on data from a vast array of other sources, such as data access governance, content-aware data loss prevention, security intelligence and event monitoring (SIEM), and database monitoring systems, as well as application, web, network, database and endpoint logs to obtain and analyze information about the use of access privileges.