Expanding Identity Market ForgeRock operates within the rapidly growing $71 billion Identity and Access Management market, which presents significant cross-selling opportunities for enterprise solutions encompassing workforce, consumer, and IoT identities. Targeting organizations moving away from legacy systems can unlock substantial new client acquisitions.

Strong Industry Recognition Being named an overall leader in the 2023 KuppingerCole Access Management report and recognized for market leadership and innovation enhances ForgeRock's credibility. This positioning can be leveraged in sales pitches to reassure prospects of the company's market dominance and cutting-edge capabilities.

Robust Partner Ecosystem ForgeRock's newly launched partner program provides opportunities to co-sell and expand into new markets. Collaborating with system integrators and channel partners can accelerate customer acquisition, especially in sectors prioritizing digital transformation and comprehensive identity solutions.

Financial Growth & Demand Despite recent quarterly losses, ForgeRock demonstrated a strong year-over-year ARR growth of 25 percent reaching 251 million dollars, indicating increasing customer demand. Highlighting this growth trend can help attract larger clients seeking scalable, enterprise-grade identity management solutions.

Focus on Security Trends ForgeRock's research emphasizes stolen identities as a top cybersecurity threat affecting billions of records and costing millions per breach. This underscores the need for advanced fraud detection, API security, and identity governance, offering cross-sell opportunities for security-conscious organizations seeking to bolster their defenses.