What is IDaaS? This is a question that you are probably asking yourself right now if you are thinking of implementing this technology in your business. IDaaS in full is identity as a service, and it refers to identity and access management capabilities deployed as SaaS (Software as a Service managed by a third party). For this reason, IDaaS is also referred to as SaaS-delivered identity and access management.
Identity and access management is a wide-scoping term that extensively deals with management of digital identities (whether organizations, individuals or things) as well as their roles and privileges within networks, digital services and applications. Identity and access management is used to make sure that users are who they say they are and can access only the applications, services or resources that they have the right to access.
Just like with identity and access management, the term identity as a service covers both internal system identities and external system identities. IDaaS covers an array of identity management capabilities, and it typically includes essential, standardized features such as simple customer registration/login screens, Single Sign-On (SSO), Multi-factor Authentication (MFA), and self-service user account management.
Identity as a service can also make it much simpler to support existing digital identities from third party identity providers such as banks, national IDs, service providers such as Facebook, Google, LinkedIn, and identities that exist in enterprise directories.
IDaaS is a cloud-based, managed service. This simply means that an organization employing SaaS identity and access management would not need to worry about managing deployment, security, configuration as well as maintenance in-house. It is more costly to maintain IAM in-house because there are hardware, development, network and expensive expertise costs to consider.