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Forgerock Inc's Business Segments
Forgerock Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 58
Regions Reported
3
Forgerock Inc does not report a distinct business-segment axis in its filings - its disaggregated revenue is disclosed by product and service category instead. See the Product & Service breakdown below.
Revenue Share by Region - FY
- Americas59.7%
- EMEA32.2%
- Asia Pacific8.3%
Revenue by Geographic Region - FY
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| Americas | $ 35 | 59.7% |
| EMEA | $ 19 | 32.2% |
| Asia Pacific | $ 5 | 8.3% |
Revenue by Product & Service Category - FY
- License and Service94%
- License94%
- Subscription Saas, Support and Maintenance65.5%
- License and Maintenance65.5%
- Subscription Term Licenses28.3%
- Multi-Year Term License17.9%
- One-Year Term License10.4%
- Professional Services6.2%
- Perpetual Licenses0.2%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| License and Service | $ 55 | 94% |
| License | $ 55 | 94% |
| Subscription Saas, Support and Maintenance | $ 38 | 65.5% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Forgerock Inc
ForgeRock is a leading provider of digital identity management solutions. The company was founded in 2010 and is headquartered in San Francisco, California. ForgeRock offers a full suite of identity and access management (IAM) solutions for customers across a wide range of industries.
The company's platform allows organizations to securely manage digital identities and control access to applications, devices, and data. It provides a unified, standards-based approach to authentication, authorization, and user management.
ForgeRock serves customers in various industries, including financial services, healthcare, retail, and government. Some of its notable customers include BMW, Nokia, Verizon, and Thomson Reuters. The company has offices in North America, Europe, and Asia-Pacific.
ForgeRock's IAM solutions include:
1. Identity Management: This solution enables customers to manage user identities throughout their lifecycle, from onboarding and provisioning to de-provisioning and offboarding. It includes features like self-service account management, password management, and role-based access control.
2. Access Management: This solution ensures that only authorized users can access applications, devices, and data. It supports a range of authentication methods, including single sign-on (SSO), multi-factor authentication (MFA), and risk-based authentication.
3. Identity Gateway: This solution provides a secure API gateway that enables customers to manage all their APIs in a single location. It includes features like API authentication, authorization, and auditing.
4. Identity Governance: This solution enables customers to govern user access to enterprise applications and data. It includes features like access certification, account reconciliation, and policy enforcement.
ForgeRock's platform is built on open standards, including OAuth0, OpenID Connect, and LDAP. It provides customers with the flexibility to integrate with third-party applications and devices. The platform is also scalable and can handle millions of identities and transactions.
ForgeRock has received numerous awards and accolades, including being named a Gartner Magic Quadrant Leader in the Identity and Access Management market. The company is also committed to sustainability and has implemented several green initiatives to reduce its environmental impact.
The company's platform allows organizations to securely manage digital identities and control access to applications, devices, and data. It provides a unified, standards-based approach to authentication, authorization, and user management.
ForgeRock serves customers in various industries, including financial services, healthcare, retail, and government. Some of its notable customers include BMW, Nokia, Verizon, and Thomson Reuters. The company has offices in North America, Europe, and Asia-Pacific.
ForgeRock's IAM solutions include:
1. Identity Management: This solution enables customers to manage user identities throughout their lifecycle, from onboarding and provisioning to de-provisioning and offboarding. It includes features like self-service account management, password management, and role-based access control.
2. Access Management: This solution ensures that only authorized users can access applications, devices, and data. It supports a range of authentication methods, including single sign-on (SSO), multi-factor authentication (MFA), and risk-based authentication.
3. Identity Gateway: This solution provides a secure API gateway that enables customers to manage all their APIs in a single location. It includes features like API authentication, authorization, and auditing.
4. Identity Governance: This solution enables customers to govern user access to enterprise applications and data. It includes features like access certification, account reconciliation, and policy enforcement.
ForgeRock's platform is built on open standards, including OAuth0, OpenID Connect, and LDAP. It provides customers with the flexibility to integrate with third-party applications and devices. The platform is also scalable and can handle millions of identities and transactions.
ForgeRock has received numerous awards and accolades, including being named a Gartner Magic Quadrant Leader in the Identity and Access Management market. The company is also committed to sustainability and has implemented several green initiatives to reduce its environmental impact.
Forgerock Inc: Extensive Overview of Segments, Products, and Services
Segments:
Forgerock Inc operates mainly in the identity and access management (IAM) industry, targeting a wide array of sectors that require robust identity solutions to protect sensitive information and manage access effectively. The primary segments they serve include:
1. Enterprise-Level Businesses: Large organizations in various industries require sophisticated IAM solutions to manage a significant volume of identities, ensure compliance with regulations, and enhance security across multiple applications and environments.
2. Government Organizations: Government entities need to secure citizen data while providing seamless access to various services. Forgerocks solutions help in managing user identities and access rights effectively, complying with strict security protocols.
3. Financial Institutions: Banks and financial services companies prioritize security and compliance. Forgerock’s IAM solutions enable secure access to financial systems and customer data while protecting against identity fraud.
4. Telecommunications Companies: The telecom sector faces challenges in managing customer identities and access to a vast range of services. Forgerock provides tools for identity management that streamline customer interactions and enhance security.
5. Healthcare Providers: With sensitive patient information at stake, healthcare organizations require stringent identity and access controls. Forgerocks solutions help these clients ensure that only authorized personnel access critical health records.
Products:
Forgerock offers a diverse lineup of IAM products, each designed to address specific identity management needs across industries. Below is an extensive overview of their core products:
1. ForgeRock Identity Platform:
- Overview: The cornerstone of their offerings, this comprehensive platform integrates various identity management capabilities.
- Features:
- Identity Management: Automate user provisioning and lifecycle management.
- Access Management: Securely manage user access to applications and data.
- Identity Gateway: Provides secure access to APIs and microservices.
- User-Managed Access (UMA): Enables users to control access to their own data.
- Identity Analytics: Offers insights into user behaviors and identity events, aiding in proactive security measures.
2. Directory Services:
- Overview: A scalable and efficient solution designed for managing large directories of identity data.
- Features:
- Identity-Based Access Control: Ensures that access decisions are based on user identity attributes.
- Directory Synchronization: Facilitates the consistent management of identity data across multiple sources.
- Identity Augmentation: Enriches identity profiles with additional data points for better context and decision-making.
3. IoT Identity Platform:
- Overview: Tailored for managing identities of IoT devices and services.
- Features:
- Device Discovery: Automatically identifies IoT devices in the network.
- Secure Communication: Encrypts data transmission between devices.
- Access Control: Implements policies to manage device access to applications and data.
- Identity Management: Manages lifecycle and security of IoT device identities.
4. Customer Identity and Access Management (CIAM):
- Overview: Focused on consumer-facing applications, enabling businesses to manage customer identities securely.
- Features:
- Identity Management: Comprehensive capabilities for onboarding and managing client identities.
- Social Identity Integration: Allows customers to log in using social media credentials.
- Passwordless Authentication: Provides secure alternatives to password-based logins.
- Self-Service Identity Management: Empowers users to manage their own identities, enhancing user experience and security.
5. Identity Governance:
- Overview: A specialized solution aimed at establishing robust governance over identities and access rights within organizations.
- Features:
- Identity and Access Certification: Streamlines the certification processes to demonstrate compliance.
- Risk Analytics: Identifies potential risks associated with identity and access decisions.
- Role Management: Efficiently manages user roles to align with organizational policies and compliance requirements.
Services:
In addition to their extensive product offerings, Forgerock provides a suite of professional services designed to ensure that clients can effectively implement and maintain their IAM solutions. Key services include:
1. Consulting:
- Offers expert guidance on designing and implementing tailored IAM solutions. This service encompasses a comprehensive assessment of current identity management practices, identifying gaps, and providing a roadmap for enhancements.
2. Training:
- Forgerock provides a variety of training programs aimed at empowering client teams with the knowledge and skills necessary to effectively utilize and manage IAM solutions. Training sessions may include both virtual and in-person options, covering best practices and advanced functionalities.
3. Support:
- Forgerock offers ongoing technical support services for troubleshooting and assistance, ensuring that client systems are running smoothly and can adapt to changing business needs or emerging security threats.
4. Managed Services:
- Through managed services, Forgerock handles the continuous monitoring, maintenance, and updating of IAM systems, allowing organizations to focus on their core business while ensuring their identity solutions remain current and secure.
In summary, Forgerock Inc stands out in the IAM market with a comprehensive range of products and services designed to meet the complex identity and access challenges presented by modern enterprise environments across various sectors. With a focus on security, compliance, and user experience, Forgerock continues to address the critical needs of its diverse client base.
Segments:
Forgerock Inc operates mainly in the identity and access management (IAM) industry, targeting a wide array of sectors that require robust identity solutions to protect sensitive information and manage access effectively. The primary segments they serve include:
1. Enterprise-Level Businesses: Large organizations in various industries require sophisticated IAM solutions to manage a significant volume of identities, ensure compliance with regulations, and enhance security across multiple applications and environments.
2. Government Organizations: Government entities need to secure citizen data while providing seamless access to various services. Forgerocks solutions help in managing user identities and access rights effectively, complying with strict security protocols.
3. Financial Institutions: Banks and financial services companies prioritize security and compliance. Forgerock’s IAM solutions enable secure access to financial systems and customer data while protecting against identity fraud.
4. Telecommunications Companies: The telecom sector faces challenges in managing customer identities and access to a vast range of services. Forgerock provides tools for identity management that streamline customer interactions and enhance security.
5. Healthcare Providers: With sensitive patient information at stake, healthcare organizations require stringent identity and access controls. Forgerocks solutions help these clients ensure that only authorized personnel access critical health records.
Products:
Forgerock offers a diverse lineup of IAM products, each designed to address specific identity management needs across industries. Below is an extensive overview of their core products:
1. ForgeRock Identity Platform:
- Overview: The cornerstone of their offerings, this comprehensive platform integrates various identity management capabilities.
- Features:
- Identity Management: Automate user provisioning and lifecycle management.
- Access Management: Securely manage user access to applications and data.
- Identity Gateway: Provides secure access to APIs and microservices.
- User-Managed Access (UMA): Enables users to control access to their own data.
- Identity Analytics: Offers insights into user behaviors and identity events, aiding in proactive security measures.
2. Directory Services:
- Overview: A scalable and efficient solution designed for managing large directories of identity data.
- Features:
- Identity-Based Access Control: Ensures that access decisions are based on user identity attributes.
- Directory Synchronization: Facilitates the consistent management of identity data across multiple sources.
- Identity Augmentation: Enriches identity profiles with additional data points for better context and decision-making.
3. IoT Identity Platform:
- Overview: Tailored for managing identities of IoT devices and services.
- Features:
- Device Discovery: Automatically identifies IoT devices in the network.
- Secure Communication: Encrypts data transmission between devices.
- Access Control: Implements policies to manage device access to applications and data.
- Identity Management: Manages lifecycle and security of IoT device identities.
4. Customer Identity and Access Management (CIAM):
- Overview: Focused on consumer-facing applications, enabling businesses to manage customer identities securely.
- Features:
- Identity Management: Comprehensive capabilities for onboarding and managing client identities.
- Social Identity Integration: Allows customers to log in using social media credentials.
- Passwordless Authentication: Provides secure alternatives to password-based logins.
- Self-Service Identity Management: Empowers users to manage their own identities, enhancing user experience and security.
5. Identity Governance:
- Overview: A specialized solution aimed at establishing robust governance over identities and access rights within organizations.
- Features:
- Identity and Access Certification: Streamlines the certification processes to demonstrate compliance.
- Risk Analytics: Identifies potential risks associated with identity and access decisions.
- Role Management: Efficiently manages user roles to align with organizational policies and compliance requirements.
Services:
In addition to their extensive product offerings, Forgerock provides a suite of professional services designed to ensure that clients can effectively implement and maintain their IAM solutions. Key services include:
1. Consulting:
- Offers expert guidance on designing and implementing tailored IAM solutions. This service encompasses a comprehensive assessment of current identity management practices, identifying gaps, and providing a roadmap for enhancements.
2. Training:
- Forgerock provides a variety of training programs aimed at empowering client teams with the knowledge and skills necessary to effectively utilize and manage IAM solutions. Training sessions may include both virtual and in-person options, covering best practices and advanced functionalities.
3. Support:
- Forgerock offers ongoing technical support services for troubleshooting and assistance, ensuring that client systems are running smoothly and can adapt to changing business needs or emerging security threats.
4. Managed Services:
- Through managed services, Forgerock handles the continuous monitoring, maintenance, and updating of IAM systems, allowing organizations to focus on their core business while ensuring their identity solutions remain current and secure.
In summary, Forgerock Inc stands out in the IAM market with a comprehensive range of products and services designed to meet the complex identity and access challenges presented by modern enterprise environments across various sectors. With a focus on security, compliance, and user experience, Forgerock continues to address the critical needs of its diverse client base.