SailPoint Technologies provides identity management solutions. Privately owned, SailPoint was founded in 2005 with its headquarters in Austin, Texas. The company has around three thousand customers in total, including global organisations like GE, Toyota, Sanofi and Allianz.
SailPoint Data Access Security focuses on managing access to unstructured data e.g. Excel files etc rather than the structured data stored in traditional databases and corporate applications. Around 80% of the data in a company is unstructured, according to various analysts. There is a challenge in how to manage access to this data across the lifecycle of an employee, from hiring and onboarding to them leaving or retiring, during which time they may have different roles, may work in different departments and physical buildings, and need access to quite different files, which themselves may move around. It is also important to understand what data is actually sensitive and what is not, and this may not be immediately apparent from a file name or its metadata. With a data breach costing $4.5 million on average, getting a handle on data access is clearly an important issue for any large organisation.