Hitachi (News - Alert) ID's enterprise password management robust technology software and impressive ID solutions rival that of the largest IAM vendors in the market. With a combined user base of well over 11.9 million and with its ID solutions being licensed by well over 900 organizations, Hitachi ID is on the threshold of achieving a commercial milestone.

In a press release, Gideon Shoham, CEO, Hitachi ID Systems, said, "Our solutions are selling well because they address clear business needs - on boarding, deactivation and access management - at a reasonable cost.”

Shoham, acknowledging the import of the impending milestone said, "While we continue to see demand for our Password Management software, the strongest growth is actually in our newer solutions: Identity Manager and Privileged Access Manager.”

Hitachi ID Privileged Access Manager is a system that randomizes privileged passwords. These passwords are then encrypted and stored on at least two replicated vaults. The Hitachi ID Identity Manager helps to automate and simplify tasks across multiple systems and applications.

Shoham indicated that there was a strong interest in the marketplace to address internal controls and regulatory issues, which made enterprises to decide to utilize ID solutions for automation and security.

Speaking of the benefits that customers got when they used Hitachi ID solutions, he said that just by buying a single product they were able to get all the required technology to deploy a working solution and this made it simpler than offerings from other large competitors.

In related news, TMCnet recently reported that Thycotic another provider of enterprise password management, has launched a new edition to their software called “Enterprise Plus.” This password management software helps enterprises to easily control access to all critical passwords in one web-based repository. The software enables each employee to securely store, distribute, and audit secrets.

The updated offering boasts “Front-End Clustering,” which is a disaster recovery feature that replicates the front-end instance of Secret Server. According to the company’s website, Secret Server supports automatic database and IIS directory backups. As an additional disaster recovery measure, administrators can export Secrets which helps administrators to meet both backup and disaster recovery requirements, through providing a document that can be easily printed containing exported Secrets.