OKTA - Ping Identity: Hybrid Cloud Leader With A Reasonable Valuation
Ping Identity (PING) is a leader in customer identity solutions, with expanding product portfolio, high Annual Recurring Revenue ((ARR))/revenue growth, profitability, and yet reasonable valued, making it a buy. Identity solutions are gaining importance in enterprise spending priorities, as identity is becoming one of the core pillars in securing businesses. Cloud and remote work environments are dissolving the enterprise network perimeter. In the new perimeter-less network world, identity is the new pillar of digital security. Customers, employees, partners and suppliers are now first digitally identified and then given access to resources within the enterprise. In