AUSTIN, Texas--(BUSINESS WIRE)-- Navigate ‘19 – SailPoint Technologies Holdings, Inc. (NYSE: SAIL), the leader in enterprise identity governance, today revealed updates to both IdentityNow and IdentityIQ to a sold-out crowd at Navigate ’19, the identity governance conference. With the latest release of IdentityNow and version 8.0 of IdentityIQ, SailPoint customers now have access to the next generation of cloud identity governance, SailPoint Predictive Identity™. As a result, identity teams of all sizes can now embrace an AI-driven approach to identity governance that is adaptive, autonomous and predictive.

“Our business is moving and evolving quickly and our identity program needs to keep pace,” said Dan Malloy, Senior IT Architect at Abbott. “We’re eager to take our program to the next level, exploring the impact that AI and machine learning can have. For example, leveraging AI-based recommendations in access reviews and approvals will streamline and reduce the burden of compliance and audit requirements. With SailPoint, we are confident that our identity program will remain both nimble and comprehensive.”

“Identity governance is at the core of securing the digital foundation of today’s enterprise, yet the sheer amount of identity data that an organization houses today has skyrocketed, leaving identity teams stuck in an endless cycle of reacting,” said Paul Trulove, Chief Product Officer, SailPoint. “With SailPoint Predictive Identity, identity teams can finally get ahead, prioritizing areas of high-risk and efficiently automating lower risk identity decisions, while adapting and automating security or compliance policies along the way. This AI-driven approach to identity is the next generation of identity governance.”

With the latest release of IdentityNow and IdentityIQ 8.0, SailPoint continues to be laser-focused on helping organizations of all sizes to govern smart with SailPoint Predictive Identity while continuing to govern all and to govern deep in the following ways:

• Govern Smart with SailPoint Predictive Identity by delivering a recommendations-based approach to identity that speeds identity decisions, evolving identity programs to be more dynamic, adaptive and predictive
• Govern All by ensuring that all users and their access is appropriate for their role and current access needs, with enhanced capabilities that automatically shut-down lingering access that could result in unnecessary risk; and by extending governance of data stored in files to include sensitive data that is embedded in image files
• Govern Deep by simplifying and streamlining access policies. For example, creating separation-of-duties (SoD) policies now takes a matter of minutes versus weeks, dramatically improving operational efficiency and security.

For more information on SailPoint’s cloud identity governance platform, please visit: https://www.sailpoint.com/solutions/

Forward-Looking Statements/Product Roadmap:

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including regarding the Company’s future product releases, features, functionality, and plans. In some cases, you can identify forward-looking statements because they contain words such as�“may,” “will,” “will be,” “will likely result,” “should,” “expects,” “plans,” “anticipates,” “could,” “would,” “foresees,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. These forward-looking statements are not guarantees of future performance, but are based on management's current expectations, assumptions and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. Our results could be materially different from our expectations because of various risks.

Important factors, some of which are beyond our control, that could cause actual results to differ materially from our historical results or those expressed or implied by these forward-looking statements include the following: our ability to attract and retain customers, including larger organizations; our ability to deepen our relationships with existing customers; our expectations regarding our customer growth rate; our business plan and beliefs and objectives for future operations; trends associated with our industry and potential market; benefits associated with use of our platform and services; our ability to develop or acquire new solutions, improve our platform and solutions and increase the value of our platform and solutions; our ability to compete successfully against current and future competitors; our ability to further develop strategic relationships; our ability to achieve positive returns on investments; our plans to acquire complementary businesses, products or technology; our plans to further invest in and grow our business, and our ability to effectively manage our growth and associated investments; our ability to timely and effectively scale and adapt our existing technology, our ability to increase our revenue, our revenue growth rate and gross margin; our ability to generate sufficient revenue to achieve and sustain profitability; our future financial performance, including trends in revenue, cost of revenue, operating expenses, other income and expenses, income taxes, billings and customers; the sufficiency of our cash and cash equivalents and cash generated from operations to meet our working capital and capital expenditure requirements; our ability to raise capital and the loans of those financings; our ability to attract, train and retain qualified employees and key personnel; our ability to maintain and benefit from our corporate culture; our ability to successfully identify, acquire and integrate companies and assets; our ability to successfully enter new markets and manage our international expansion; and our ability to maintain, protect and enhance our intellectual property and not infringe upon others’ intellectual property. These and other important risk factors are described more fully in our reports and other documents filed with the Securities and Exchange Commission (“the SEC”) including under “Part I, Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2018, which was filed with the SEC on March 18, 2019. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this press release. We cannot assure you that the results, events and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results, events or circumstances could differ materially from those described in the forward-looking statements.

Any forward-looking statement speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.

The development, release, and timing of any features or functionality described for our products that are not currently available remains at our sole discretion on a when, and if available, basis and may not be delivered at all and should not be relied on in making a purchasing decision.

SailPoint: The Power of Identity™

SailPoint, the leader in enterprise identity governance, brings the Power of Identity to customers around the world. SailPoint’s open identity platform gives organizations the power to enter new markets, scale their workforces, embrace new technologies, innovate faster and compete on a global basis. As both an industry pioneer and market leader in identity governance, SailPoint delivers security, operational efficiency and compliance to enterprises with complex IT environments. SailPoint’s customers are among the world’s largest companies in a wide range of industries, including: 8 of the top 15 banks, 4 of the top 6 healthcare insurance and managed care providers, 9 of the top 15 property and casualty insurance providers, 5 of the top 13 pharmaceutical companies, and 11 of the largest 15 federal agencies.

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SailPoint, the SailPoint logo, IdentityIQ, IdentityNow, IdentityAI, SecurityIQ and all techniques are trademarks or registered trademarks of SailPoint Technologies Holdings, Inc. in the U.S. and/or other countries. All other products or services are trademarks of their respective companies.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190611005127/en/

Jessica Sutera, 978-278-5411

[email protected]

Source: SailPoint Technologies Holdings, Inc.

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