While the year 2021 was a huge success, we've re-energized ourselves for 2022. By launching new cloud platforms, we began our path to radically simplify the production of digital experiences for our clients. This allows us to offer products and solutions as software as a service (SaaS), private cloud, or on-premises, with the ability to seamlessly move between the three alternatives in the future.

Customer identity and access management (CIAM) has become indispensable for organizations. According to an article by the Business Research Company, the CIAM market is expected to reach $45.56 billion in 2025, at a compound annual growth rate of 18.6%. The research firm adds that the increasing use of Internet of Things (IoT) devices — such as smartphones, smartwatches, smart homes and medical sensors — will be the primary driving factor for this growth.

WSO2 Identity Server is the most popular open-source CIAM system on the market, and it is widely used by educational institutions and government agencies as an on-premise CIAM solution. Single sign-on/sign-out (SSO), identity federation, strong authentication, identity administration, account management, identity provisioning, fine-grained access control, API security, monitoring, reporting, and auditing are all possible with WSO2 Identity Server's seamless integration capabilities.