Summary
This report presents a Total Economic Impact™ study commissioned by Okta and conducted by Forrester Consulting to evaluate the financial implications of deploying Okta Identity Governance (OIG). The study aims to provide a framework for organizations to assess the potential return on investment (ROI) associated with OIG implementation. It highlights the necessity for organizations to adopt a proactive, policy-driven approach to manage access and entitlements effectively, especially in light of increasing security threats and regulatory pressures such as SOX and PCI-DSS. The report details the customer journey with OIG, emphasizing the shift from manual processes to automated governance solutions that enhance operational efficiency and risk management. Key findings indicate that organizations can achieve significant benefits, including improved identity governance efficiency, reduced audit preparation efforts, and enhanced platform efficiency, leading to a projected ROI of 211% and a net present value of $1.8 million over three years. The study also outlines the costs involved in implementing OIG, including licensing fees and deployment efforts.
