Ping Identity Holding Corp. (NYSE: PING) disclosed that it has been recognized as a leader in three KuppingerCole Leadership Compass reports. The firm has been recognized for its prowess in Consumer Identity and Access Management, Access Management, and Enterprise Authentication.
Ping has been acknowledged as the guru in the CIAM report for the second year in a row. The firm has also been recognized as a Leader by Gartner in the 2020 Magic Quadrant for Access Management and leading placement in Gartner’s Critical Capabilities for Access Management Report.
Ping Identity has received a positive rating from KuppingerCole Leadership Compass for CIAM. It has been granted positive ratings across the areas of safety, features and capabilities, operational compatibility, user experience, and implementation. It is only one of two suppliers to achieve the highest rating across all five product categories.
Shares of Ping Identity (NYSE: PING) plunged 22.69% at $25.06 at the time of writing on Thursday. The firm has lost -7.37 during the trading session of Thursday. Ping Identity’s share went up 107.99% from its 52-week low and went down -33.86% from its 52-week high. Ping Identity has a total market capitalization of $2.59 billion at the time of writing.
Since the establishment of Ping Identity in 2002, the PING has been recognized as an inventor in identity federation access management. It was the first-ever vendor which offer CIAM. The KuppingerCole Leadership Compass for Enterprise Authentication Solutions encompassed the Ping Intelligent Identity Platform as a Market Champion.