Axiad Honored with a Coveted Stevie in 2023 American Business Awards
It has already been a good year for Axiad from an awards standpoint, with the company winning multiple gold medals – notably in the best passwordless and phishing-resistant MFA categories – in the 11th Annual Global InfoSec Awards and the Cybersecurity Excellence Awards in 2023.
As the great Casey Kasem used to say, “the hits keep on coming,” which in this case further underscores Axiad’s momentum in the market. The latest win for Axiad comes from the 21st annual American Business Awards, in which Axiad has received a bronze Stevie Award.
In excess of 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, and more than 230 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.
Axiad’s “The Power of Axiad Cloud” submission was recognized in the broad business category: Identity & Access Security Solution.
Identity & Access Management (IAM) is a wide-ranging market category in cybersecurity that spans many subcategories, including authentication, identity proofing, access management, identity governance & administration, and privileged access management, just to name a few.
There are, of course, many estimates on the size of the IAM market, including Market Growth Reports that states the market was USD $12.6B in 2022 and will grow at a CAGR of 14.2% to USD $27.9B by 2028. Grand View Research says the market was USD $15.9B in 2022. Regardless of which estimate you look at, the key takeaway is that the market is extremely large, with tens of hundreds of vendors worldwide.
In that context, and given the credibility of this award and breadth of companies that have submitted for it, a bronze Stevie in IAM is certainly something to celebrate.
And, this isn’t the first time that Axiad has been singled out for its prowess in the broad category of IAM. The company was listed in a 2022 article titled, “Identity and Access Management as a Service (IDaaS): Which solution is best?” by IDG Connect.
Nicknamed the Stevies for the Greek word meaning “crowned,” the awards will be presented to winners at a gala ceremony at the Marriott Marquis Hotel in New York on Tuesday, June 13. Details about The American Business Awards and the list of 2023 Stevie winners are available at www.StevieAwards.com/ABA.