MOU
ITI Limited signs MoU with ILANTUS Technologies
Bengaluru: To address the concerns of cyber threats in India, ITI Limited, a PSU Manufacturing Telecom & Defense Equipment has signed an MoU with Ilantus Technologies to deliver Make-in-India, world-class Identity and Access Management (IAM) Solution to Government Agencies, Defense and PSUs.
Under the MoU, ITI and Ilantus will address the challenges of today’s fragmented identity landscape through Identity and Access Management
Solution, which is the only solution in the world with all features inside one single product. ITI will harness Ilantus’s 20-years of global experience in IAM segment and jointly market the solution to government organisations in the
country.
Commenting on the MoU with Ilantus, Shri R M Agarwal, CMD, ITI Limited said, “With our market reach and resources, combined with Ilantus’ product vision, we are certain this will open up several new avenues”.
With ITI’s captive Tier-3 data center in Bengaluru, ITI is in a unique position to offer fully secure, India based hosting for SaaS and managed services across India. 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 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%. Identity and access management (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.
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