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Okta Inc's Business Segments
Okta 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
2
Largest Segment
Subscription and Circulation
Total Revenue
$ 805
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Subscription and Circulation0%
- Technology Service3.4%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Subscription and Circulation | $ 1,543 | - |
| Technology Service | $ 27 | 3.4% |
Revenue by Product & Service Category - FY
- Subscription and Circulation98%
- Technology Service2%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Subscription and Circulation | $ 750 | 98% |
| Technology Service | $ 15 | 2% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Annual Results
Revenue Share by Reportable Segment - FY
- Subscription and Circulation0%
- Technology Service3.4%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Subscription and Circulation | $ 1,543 | - |
| Technology Service | $ 27 | 3.4% |
Description of Okta Inc
Okta is the most prominent independent identification supplier. Our mission is to enable everyone to use any technology safely, and we think that identification is the key to achieving that goal. Our objective is to provide people and organizations worldwide with convenient and secure digital access. Our category-defining platform powers the Okta Identity Cloud, allowing our clients to securely connect the right people to the appropriate technologies and services at the right time.
By safeguarding people and linking them to the apps and technology they use, the Okta Identity Cloud enables enterprises to efficiently leverage the potential of cloud, mobile, and web technologies. The Okta Identity Cloud was created to offer enterprises with an integrated solution to managing and safeguarding every identity within an organization. Okta is used by thousands of companies and millions of people every day to securely access cloud, mobile, and online apps, on-premises servers, application program interfaces ("APIs"), IT infrastructure providers, and services from a variety of devices. Our platform enables developers to safely and quickly incorporate identification into the software they create, allowing them to focus on their main goal.
Our platform enables developers to safely and quickly incorporate identification into the software they create, allowing them to focus on their main goal. Employees and contractors log in to the Okta Identity Cloud to access the applications they need to do their most important work in a seamless and secure manner. Organizations utilize our platform to cooperate with their partners and to give more contemporary and secure cloud and mobile device experiences to their consumers. Our business, customers, partners, and users benefit from powerful network effects that increase the value and security of the Okta Identity Cloud as we add new customers, users, developers, and integrations to our platform.
The Okta Identification Cloud is a cloud-based identity solution that is independent and impartial, allowing our clients to interface with practically any application, service, or cloud of their choice via our safe, dependable, and scalable platform and cloud architecture. Because of our technical neutrality, our customers may simply embrace the greatest technologies, and our platform is intended to securely link users to the technology of their choice. We prioritize Okta Identity Cloud interoperability with public clouds, on-premises infrastructures, and hybrid clouds. Our customers use the Okta Identity Cloud to secure their workforces, build solutions that make their partner networks more collaborative, and provide more seamless and secure experiences for their customers or end users, which, when combined with our open approach, enables us to provide a better experience for our customers.
The Okta Identification Cloud streamlines how an organizations workers, contractors, and partners connect to its apps and data from any device in workforce identity use cases, while enhancing productivity and keeping IT environments secure. We enable enterprises to give their workforces with instant and secure access to any application they require from whatever device they use, without the need for numerous passwords, dramatically improving user connectivity and productivity. Through our Adaptive Multi-Factor Authentication offering, we provide our clients with an extra security layer. Our Universal Directory solution also functions as a record system, assisting our customers in organizing, customizing, and managing their users.
The Okta Identification Cloud helps enterprises to enhance their own customers experiences in customer identity use cases by allowing development teams to fast and securely construct customer-facing cloud, mobile, or web apps. We enable a companys product team to integrate our robust identification platform into their cloud, online, and mobile services. This makes it easy for them to authenticate, manage, grow, and protect their connections, allowing the company to get to market quickly. Organizations can centrally manage policy and API-level access across all of their apps, resulting in more seamless, customized, engaging, and secure consumer experiences.
By safeguarding people and linking them to the apps and technology they use, the Okta Identity Cloud enables enterprises to efficiently leverage the potential of cloud, mobile, and web technologies. The Okta Identity Cloud was created to offer enterprises with an integrated solution to managing and safeguarding every identity within an organization. Okta is used by thousands of companies and millions of people every day to securely access cloud, mobile, and online apps, on-premises servers, application program interfaces ("APIs"), IT infrastructure providers, and services from a variety of devices. Our platform enables developers to safely and quickly incorporate identification into the software they create, allowing them to focus on their main goal.
Our platform enables developers to safely and quickly incorporate identification into the software they create, allowing them to focus on their main goal. Employees and contractors log in to the Okta Identity Cloud to access the applications they need to do their most important work in a seamless and secure manner. Organizations utilize our platform to cooperate with their partners and to give more contemporary and secure cloud and mobile device experiences to their consumers. Our business, customers, partners, and users benefit from powerful network effects that increase the value and security of the Okta Identity Cloud as we add new customers, users, developers, and integrations to our platform.
The Okta Identification Cloud is a cloud-based identity solution that is independent and impartial, allowing our clients to interface with practically any application, service, or cloud of their choice via our safe, dependable, and scalable platform and cloud architecture. Because of our technical neutrality, our customers may simply embrace the greatest technologies, and our platform is intended to securely link users to the technology of their choice. We prioritize Okta Identity Cloud interoperability with public clouds, on-premises infrastructures, and hybrid clouds. Our customers use the Okta Identity Cloud to secure their workforces, build solutions that make their partner networks more collaborative, and provide more seamless and secure experiences for their customers or end users, which, when combined with our open approach, enables us to provide a better experience for our customers.
The Okta Identification Cloud streamlines how an organizations workers, contractors, and partners connect to its apps and data from any device in workforce identity use cases, while enhancing productivity and keeping IT environments secure. We enable enterprises to give their workforces with instant and secure access to any application they require from whatever device they use, without the need for numerous passwords, dramatically improving user connectivity and productivity. Through our Adaptive Multi-Factor Authentication offering, we provide our clients with an extra security layer. Our Universal Directory solution also functions as a record system, assisting our customers in organizing, customizing, and managing their users.
The Okta Identification Cloud helps enterprises to enhance their own customers experiences in customer identity use cases by allowing development teams to fast and securely construct customer-facing cloud, mobile, or web apps. We enable a companys product team to integrate our robust identification platform into their cloud, online, and mobile services. This makes it easy for them to authenticate, manage, grow, and protect their connections, allowing the company to get to market quickly. Organizations can centrally manage policy and API-level access across all of their apps, resulting in more seamless, customized, engaging, and secure consumer experiences.
Certainly! Okta, Inc. is a leading identity and access management (IAM) provider that offers a robust suite of products and services designed to secure user identity, streamline access management, and enhance overall security for organizations. Here’s an extensive overview of their key offerings segmented by features and functionality:
Segments
Oktas offerings can broadly be categorized into two main segments: Workforce Identity and Customer Identity.
1. Workforce Identity: Tailored for organizations to manage employee, contractor, and partner access to systems and applications.
2. Customer Identity: Designed for managing and securing user identities in customer-facing applications and services.
Products and Services
1. Universal Directory
Universal Directory serves as a centralized, cloud-based record-keeping system for user, application, and device profiles. It is a key component of Oktas IAM solutions, enabling organizations to:
- Store and Secure Profiles: Organizations can securely store detailed profiles of employees, contractors, and customers, ensuring their identity information is protected.
- Integration with Authentication Solutions: The profiles within the Universal Directory can be seamlessly integrated with Single Sign-On for efficient password and authentication management.
- Developer Access: Developers can utilize the Universal Directory to authenticate users in their applications, enabling a secure and streamlined user experience.
Single Sign-On (SSO)
Single Sign-On simplifies the user authentication process by allowing users to access multiple applications with a single set of credentials. Key features include:
- Unified Access: Users can access both cloud-based and on-premises applications from any device without needing to re-enter credentials.
- Security and Convenience: Organizations can set flexible security policies while providing users with a consumer-like experience.
- Reporting and Analytics: The SSO solution includes analytics capabilities for real-time monitoring of user, device, and application access activities, providing organizations with insights into usage patterns.
Adaptive Multi-Factor Authentication (MFA)
Adaptive Multi-Factor Authentication adds an essential layer of security to applications through contextual data analysis. Key components include:
- Risk-Based Authentication: The system adjusts authentication requirements based on contextual factors, such as location, device, and behavior.
- Integration with Existing Infrastructure: Supports both cloud-based and on-premises applications, providing a seamless user experience while enhancing security.
- Broad Application Compatibility: Can be applied across various applications and services, making it a versatile security solution.
Lifecycle Management
Lifecycle Management automates the entire user identity process, facilitating the management of user accounts throughout their lifecycle. Key functionalities include:
- Automated Account Provisioning and Deprovisioning: Ensures timely account creation, updates, and deletions according to user role changes.
- Workflow Customization: Organizations can define workflows and policies related to user management to comply with business requirements.
- Enhanced Compliance: Supports regulatory compliance by maintaining proper access controls and audit trails throughout the identity lifecycle.
API Access Management
API Access Management secures the connections between different systems and applications through centralized management of API permissions. Key aspects include:
- Centralized Permission Control: Organizations can manage who has access to which APIs, reducing administrative overhead and risks.
- Enhanced Development Productivity: Reduces development time by providing a standardized way to manage API security, making it easier to integrate new services and applications.
- Secure User Experiences: Administers secure access to APIs, ensuring that users have the authentication they need while minimizing security vulnerabilities.
Access Gateway
Access Gateway extends Okta’s Identity Cloud capabilities to existing on-premises applications, creating a unified access experience for users. Key benefits include:
- Hybrid IT Management: Provides a single management console that enables seamless administration of both cloud and on-premises applications.
- Consistent User Experience: Users can access all their applications, whether in the cloud or on-premises, from one location, simplifying user access management.
- Enhanced Security Posture: Facilitates a cohesive security framework across diverse IT environments, which strengthens overall organizational security.
Advanced Server Access
Advanced Server Access provides contextual access management for server environments, making it easier to secure cloud infrastructures. Its main features are:
- Continuous Access Control: Offers ongoing management of access to both on-premises Windows and Linux servers as well as cloud-based services.
- Mitigation of Security Risks: Centralizes access control to prevent credential vulnerabilities, such as theft and administrative account sprawl.
- Support for Major Cloud Providers: Integrates with leading Infrastructure-as-a-Service (IaaS) providers, including AWS, Google Cloud Platform, and Microsoft Azure, enhancing the flexibility of server access management.
Conclusion
Oktas comprehensive suite of identity and access management products and services provides robust solutions for both workforce and customer identity needs. From Universal Directory and Single Sign-On to advanced security measures like Adaptive MFA and API Access Management, Okta empowers organizations to securely manage identities while ensuring seamless user experiences across both cloud and on-premises environments.
Segments
Oktas offerings can broadly be categorized into two main segments: Workforce Identity and Customer Identity.
1. Workforce Identity: Tailored for organizations to manage employee, contractor, and partner access to systems and applications.
2. Customer Identity: Designed for managing and securing user identities in customer-facing applications and services.
Products and Services
1. Universal Directory
Universal Directory serves as a centralized, cloud-based record-keeping system for user, application, and device profiles. It is a key component of Oktas IAM solutions, enabling organizations to:
- Store and Secure Profiles: Organizations can securely store detailed profiles of employees, contractors, and customers, ensuring their identity information is protected.
- Integration with Authentication Solutions: The profiles within the Universal Directory can be seamlessly integrated with Single Sign-On for efficient password and authentication management.
- Developer Access: Developers can utilize the Universal Directory to authenticate users in their applications, enabling a secure and streamlined user experience.
Single Sign-On (SSO)
Single Sign-On simplifies the user authentication process by allowing users to access multiple applications with a single set of credentials. Key features include:
- Unified Access: Users can access both cloud-based and on-premises applications from any device without needing to re-enter credentials.
- Security and Convenience: Organizations can set flexible security policies while providing users with a consumer-like experience.
- Reporting and Analytics: The SSO solution includes analytics capabilities for real-time monitoring of user, device, and application access activities, providing organizations with insights into usage patterns.
Adaptive Multi-Factor Authentication (MFA)
Adaptive Multi-Factor Authentication adds an essential layer of security to applications through contextual data analysis. Key components include:
- Risk-Based Authentication: The system adjusts authentication requirements based on contextual factors, such as location, device, and behavior.
- Integration with Existing Infrastructure: Supports both cloud-based and on-premises applications, providing a seamless user experience while enhancing security.
- Broad Application Compatibility: Can be applied across various applications and services, making it a versatile security solution.
Lifecycle Management
Lifecycle Management automates the entire user identity process, facilitating the management of user accounts throughout their lifecycle. Key functionalities include:
- Automated Account Provisioning and Deprovisioning: Ensures timely account creation, updates, and deletions according to user role changes.
- Workflow Customization: Organizations can define workflows and policies related to user management to comply with business requirements.
- Enhanced Compliance: Supports regulatory compliance by maintaining proper access controls and audit trails throughout the identity lifecycle.
API Access Management
API Access Management secures the connections between different systems and applications through centralized management of API permissions. Key aspects include:
- Centralized Permission Control: Organizations can manage who has access to which APIs, reducing administrative overhead and risks.
- Enhanced Development Productivity: Reduces development time by providing a standardized way to manage API security, making it easier to integrate new services and applications.
- Secure User Experiences: Administers secure access to APIs, ensuring that users have the authentication they need while minimizing security vulnerabilities.
Access Gateway
Access Gateway extends Okta’s Identity Cloud capabilities to existing on-premises applications, creating a unified access experience for users. Key benefits include:
- Hybrid IT Management: Provides a single management console that enables seamless administration of both cloud and on-premises applications.
- Consistent User Experience: Users can access all their applications, whether in the cloud or on-premises, from one location, simplifying user access management.
- Enhanced Security Posture: Facilitates a cohesive security framework across diverse IT environments, which strengthens overall organizational security.
Advanced Server Access
Advanced Server Access provides contextual access management for server environments, making it easier to secure cloud infrastructures. Its main features are:
- Continuous Access Control: Offers ongoing management of access to both on-premises Windows and Linux servers as well as cloud-based services.
- Mitigation of Security Risks: Centralizes access control to prevent credential vulnerabilities, such as theft and administrative account sprawl.
- Support for Major Cloud Providers: Integrates with leading Infrastructure-as-a-Service (IaaS) providers, including AWS, Google Cloud Platform, and Microsoft Azure, enhancing the flexibility of server access management.
Conclusion
Oktas comprehensive suite of identity and access management products and services provides robust solutions for both workforce and customer identity needs. From Universal Directory and Single Sign-On to advanced security measures like Adaptive MFA and API Access Management, Okta empowers organizations to securely manage identities while ensuring seamless user experiences across both cloud and on-premises environments.
