By Mike Vesey, CEO, IdRamp Digital identity is the lifeline of modern businesses, bridging the connection between people and the value proposition that your organization offers. As the pace of technological change increases, your digital ID lifeline must be equally convenient for end users, business leaders, security teams, and technical operations. It must adapt on demand and simplify the growing complexity, risk, and opportunity. Digital identity applications in use are expected to increase over 80 percent in the next four years. By 2027, it is estimated that there will be over 4.1 billion digital identity apps in use globally. However, digital identity is a complex service that overlaps with other related areas, such as security, privacy, and data management. In some cases, the lines between these areas are indistinct, making it challenging to manage. While digital identity applications and services help businesses operate more efficiently, they also introduce complexity and debt. To avoid falling behind the pace of change, digital identity must enable continuous transformation, rather than creating costly and time-consuming lift-and-shift projects that lag behind. In short, digital identity should serve as a facilitator of business agility and innovation, rather than a roadblock. The traditional approach of relying […]
Click here to view original web page at www.biometricupdate.com
