Herjavec Group Introduces Advanced Identity and Access Management Practice Following Acquisition of Aikya Security Solutions
October 5, 2016
LOS ANGELES, CA – OCTOBER 5, 2016 – Robert Herjavec, leading investor on the Emmy Award-winning hit show, Shark Tank, and Founder & CEO of global cybersecurity firm, Herjavec Group, proudly announces the acquisition of Identity and Access Management (IAM) consultancy, Aikya Security Solutions. Founded in 2014 by IAM expert and former Aveksa executive, Ketan Kapadia, Aikya Security Solutions supports complex identity and access management initiatives for enterprises including financial institutions, utilities providers and gaming companies, across Canada, Asia & Australia. This exciting transaction bolsters Herjavec Group’s technical resources and allows the business to expand its growing IAM expertise.
“Our enterprise customers need support safeguarding access controls to ensure the right people are accessing the right data and systems for the right reasons,” says Robert Herjavec. “A proactive identity strategy not only helps organizations meet compliance requirements, but reduces the risks associated with excessive employee access”. With Gartner estimating that the identity market, sized at $1.78 billion in 20151, will grow 19% annually; timing could not be better for this important service advancement. Herjavec Group and Aikya customers will now benefit from an expanded identity and access product portfolio that includes SailPoint, RSA Identity, Lieberman Software and CyberArk technology suites. The new practice will operate as complete service department in collaboration with Herjavec Group’s Consulting, Professional Services, Managed Services, and Incident Response teams, offering support for on premise and cloud initiatives including:
- IAM Strategy Evaluation
- Identity Roadmap and Business Process Development
- Solution Design, Implementation and Testing
- System and Technology Integration
- Privileged and Proxy Access Management
- IAM Managed Services
Now that the transaction has closed, Aikya Security Solutions team members will be based out of Herjavec Group’s Toronto office and Aikya Managing Director, Ketan Kapadia, will join Herjavec Group’s executive team to lead this new practice. Herjavec Group has also confirmed plans to invest further in Aikya’s current technical center of excellence in India, in order to develop the size and scope of that team’s responsibilities.
“2016 has already been a banner year for Herjavec Group,” says Robert Herjavec. “We’ve achieved a #2 global ranking on the Cybersecurity 500 and are rapidly expanding across the United States, United Kingdom and Australia. There is no better time to formally introduce our identity and access management practice so we can continue to help our customers solve complex business issues with innovative IAM technologies and services. I am thrilled to welcome Ketan and the entire Aikya Security Solutions team to Herjavec Group”.
(1) Gartner Magic Quadrant for Identity Governance and Administration, February 29 2016
"Herjavec Group has smartly identified a major pain point for CISOs and IT security teams -- Identity and Access Management (IAM) -- and their acquisition of Aikya Security Solutions fits perfectly into their end-to-end portfolio of cybersecurity solutions," says Steve Morgan, Founder and CEO at Cybersecurity Ventures. “Herjavec Group has become the global leading privately held MSSP in part by executing on niche acquisitions that bring deep domain experience in sectors faced with a workforce shortage. Already on the MSSP and IT security solution provider short list for enterprises globally, Herjavec Group's most recent acquisition is another good reason for CISOs to choose them."
- Steve Morgan, Founder and CEO at Cybersecurity Ventures
About Herjavec Group
Dynamic IT entrepreneur Robert Herjavec founded Herjavec Group in 2003 to provide cybersecurity products and services to enterprise organizations. Herjavec Group delivers SOC 2 Type 2 certified managed security services supported by state-of-the-art, PCI compliant, Security Operations Centres, operated 24/7/365 by certified security professionals. This expertise is coupled with leadership positions across a wide range of functions including consulting, professional services & incident response. Herjavec Group has offices globally including across Canada, the United States, United Kingdom, and Australia. For more information, visit www.herjavecgroup.com.