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IBM has announced a partnership with privileged account management (PAM) vendor Thycotic, which will involve Thycotic's Secret Server product being OEMed as IBM Security Secret Server.


  • Ovum sees this development as part of a broader consolidation in this market, as well as its gradual shift for PAM from the on-premises paradigm into the cloud.

Features and Benefits

  • Describes privileged access management and how the sector is evolving.
  • Explains what is driving a lot of the M&A activity in the PAM market.

Key questions answered

  • What are the various names for PAM?
  • How are IBM and Thycotic working together and what happens to existing customers on the IBM PIM product?

Table of contents

Ovum view

  • Summary
  • Targeted attacks have raised the profile of PAM
  • M&A has expanded PAM vendors’ capabilities
  • IBM gets full-featured PAM with the Thycotic deal
  • IBM Secret Server from the cloud is on the roadmap


  • Further reading
  • Author