What is identity as a service (IDaaS) and what are the advantages and disadvantages of identity as a service?
Identity as a service (IDaaS) is a cloud based third-party service that offers identity and access management to organizations. IDaaS allows entities to connect and use identity and access management services from the cloud providers. Moreover, it is a cloud based subscription model for identity and acess management (IAM), where identity and access services are delivered through the Internet by a third-party provider rather than deployed on-premise datacenters. IDaaS offers a couple of cloud-based services such as single sign on (SSO), multi-factor authentication (MFA), directory services and identity management that provide organizations with simple and cost-effective identity and access management capabilities.
Benefits of IDaaS include the following:
- Better user experience
- Scalable to meet customer needs
- Reduce cost
- Improved security
- Increase revenue
- Decentralization of identity
- On-demand scalability