NEW DELHI: With an objective of addressing the cyber security concerns in the country, ITI Limited has signed an MoU with Ilantus Technologies to deliver world-class Identity and Access Management (IAM) Solution to government agencies, defense and PSUs.

ITI Limited, a PSU Manufacturing Telecom & Defense Equipment, offers fully secure, India based hosting for SaaS and managed services across the country.

Under the MoU, ITI and Ilantus will address the challenges of today’s fragmented identity landscape through IAM Solution, which is the only solution in the world with all features inside one single product. 

CMD, ITI Limited RM Agarwal, said, “With our market reach and resources, combined with Ilantus’ product vision, we are certain this will open up several new avenues.”

According to a report, the consumer identity and access management market is projected to grow from USD 7.6 billion in 2020 to USD 15.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.1%. 

IAM solution helps enterprises to determine and control access to network, system and application by end users. Under the current scenario of threats to cyber space, the need of IAM has increased manifolds in India.