Jun 8, 2026 · 35 min · 11 segments
Privileged Access Management has outgrown the vault. In this episode, Matthias sits down with lead analyst Alejandro Leal, author of KuppingerCole's newly released PAM Leadership Compass, to explore…
Alejandro LealGuest
Matthias ReinwarthHostGreat to have you, and when I say you have picked up the research in the PAM area, um, you've published quite some documents around this right now.
They have been published along, um, with the, with the EIC conference because it is identity management, it's cybersecurity, it's privileged access.
Um, so first of all, when w- before we go into the details, um, how, how did the topic evolve for you? How did you approach it? What, what has, what has been your approach as an analyst towards the, the changing, um, um, market segment of privileged access management?
Uh, for example, you mentioned the report that I just published, so the Leadership Compass on PAM.
In this version, we had 36 participants, I believe around 10 more than the previous report.
And I saw new entrants and new, let's say, well-established vendors that recently made acquisitions to enter the PAM space.
So there's a lot of momentum, and I also covered vendors from all over the world.
Uh, I've done, I don't know how many I'll see so far, but I think this one was perhaps the most diverse in terms of, uh, geographical location.
So we had PAM vendors from China, from the Middle East, from South America, from North America, Europe.
So one of the, let's say, main challenges I, I had at the very beginning was to define privilege because as you mentioned, the old, let's say, PAM model assumed that privilege was tied to a small number of known admin accounts.
So you had a domain admin account, root account, um, and the problem was mostly about protecting those credentials.
Great to have you, and when I say you have picked up the research in the PAM area, um, you've published quite some documents around this right now.
They have been published along, um, with the, with the EIC conference because it is identity management, it's cybersecurity, it's privileged access.
Um, so first of all, when w- before we go into the details, um, how, how did the topic evolve for you? How did you approach it? What, what has, what has been your approach as an analyst towards the, the changing, um, um, market segment of privileged access management?
Uh, for example, you mentioned the report that I just published, so the Leadership Compass on PAM.
In this version, we had 36 participants, I believe around 10 more than the previous report.
And I saw new entrants and new, let's say, well-established vendors that recently made acquisitions to enter the PAM space.
So there's a lot of momentum, and I also covered vendors from all over the world.
Uh, I've done, I don't know how many I'll see so far, but I think this one was perhaps the most diverse in terms of, uh, geographical location.
So we had PAM vendors from China, from the Middle East, from South America, from North America, Europe.
So one of the, let's say, main challenges I, I had at the very beginning was to define privilege because as you mentioned, the old, let's say, PAM model assumed that privilege was tied to a small number of known admin accounts.
So you had a domain admin account, root account, um, and the problem was mostly about protecting those credentials.
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