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This is Identity at the Center. 
Hi, welcome to the Identity at 

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the Center podcast. 
I'm your host, Jim McDonald. 

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Unfortunately, Jeff Steadman had
other activities going today and

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wasn't able to make this 
episode. 

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This is a sponsor spotlight with
a company called Nexus. 

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They're at nexus-secure.com and 
I hope you have an opportunity 

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to check them out at 
nexus-secure.com/idac. 

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Again, this is a sponsored 
episode, so it's a little bit 

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different than our regular 
episodes. 

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We're going to be joined by 
Doctor Heiko Klarl, who is the 

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CEO over at Nexus. 
And that's NEXIS, in case you're

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wondering. 
And Doctor Klarl's going to kind

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of give us what they do and how 
they help solve the identity and

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access management practitioner 
problems that we all kind of 

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fight with on a daily basis. 
So walk through the show, Doctor

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Heiko. 
Yeah. 

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Thanks, Jim. 
It's a pleasure. 

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Well, really glad to have you 
here, the pleasure of all ours 

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and we really want to learn 
about Nexus and what you, what 

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you guys do and what it is that 
you bring to the market. 

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So, but of course this is your 
first time on the Identity at 

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Center podcast. 
So maybe you can kind of give us

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your background how you got into
Identity? 

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Did Identity choose you or did 
you choose it? 

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Yeah, that, that's a good 
question. 

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So I would say I've chosen 
identity. 

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So back back in time, more than 
20 years ago, I started computer

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science and at the end I had to 
kind of make my diploma thesis 

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and all the kind of security 
thingies have been super excited

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for me. 
And basically I did research on 

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service oriented architectures 
and business process modelling 

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and how to apply some security 
things with an example of BA 

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equilogic security. 
So the listeners experienced in 

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a longer time in the market 
probably remember still BA Yeah,

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this was my step into the kind 
of identity and access 

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management business and and 
community. 

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And after that, I did my PhD 
also in, in identity and access 

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management and was researching 
on how to apply access policies 

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into business process modelling.
So you probably remember back in

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time, but the service oriented 
architectures, everyone had the 

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hope that business people, 
business departments can model 

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their processes and so on. 
And then what's the question on 

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how to keep it secure? 
Can we model it in an, in an 

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model language like BPMN and 
kind of having an an, an process

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to create a model driven 
approach to create all the 

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models that finally are needed 
to end up into a policy for 

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commercial of the Chef products?
Yeah, the rest is history. 

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And the rest is history. 
So now you're part of the 

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industry and you are the CEO of 
Nexus. 

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And I'm wondering, you know, 
what would, you know? 

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Give us the elevator pitch. 
What does Nexus do? 

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Yeah, Nexus takes care about 
authorization governance. 

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So we're taking care about 
helping large enterprises, 

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regulated customers such as 
insurances and, and and banks to

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do a proper role mining, role 
management and role life cycle 

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management. 
Or in a wider sense, going away 

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from a kind of static 
authorizations also covering the

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dynamic part like attribute 
based access control, policy 

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driven based access control and 
this kind of stuff. 

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And we see that especially in 
regulated challenges, it's quite

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cumbersome to really ensure that
everyone is allowed to do what 

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they should do and not, not 
more. 

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And so all the kind of access 
review things are quite 

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complicated. 
And looking back those 20 years 

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in the industry, basically I 
started my career with Sun 

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Identity Manager 20 years ago. 
Things are still not super 

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great. 
So business managers are still 

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struggling when they have to 
recertify and review access for 

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the employees. 
And this is where Nexus comes in

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into a Better Together story, 
sitting on top of large IGA 

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products such as say .1 
Identity, Savient, Oracle, IBM 

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Open Text, you name it, in A 
Better Together story. 

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And that's the most important 
thing. 

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So we are bringing those 
capabilities that clients are 

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missing and kind of ensuring 
happy customers. 

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Yeah, I I love that Better 
Together story. 

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So you, you mentioned a lot 
there. 

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We'll get to dive into all of 
it. 

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One of the things that I kind of
took away from what you're 

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talking about was creating this 
visibility over the 

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authorizations. 
And I think that's such a key. 

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It's one of the things that 
practitioners struggle with is 

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how do you get visibility to 
everything, all these identity 

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systems, identity silos that 
exists within your organization,

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and how do you make sense of it 
all? 

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So does that resonate with you? 
AB Absolutely. 

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So the, the whole visibility 
part in getting rid of this of 

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silos is something the whole 
industry is, is struggling. 

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There are so many large 
enterprise customers out there. 

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They have at least one most 
likely 2 or even more kind of 

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AGIGA focused systems, an old 
one and a new one and with an M 

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and a merger a a third one that 
will have some Pam systems and 

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probably a couple of access 
management systems. 

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And despite every, everyone is 
moving into a kind of 

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consolidated identity and access
management landscape. 

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It just takes ages. 
So recently I was talking to a 

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big bank here in in Europe with 
roughly 2 1/2 thousand 

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applications. 
They have just managed to 

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onboard 500 so far into their 
new IGA solution. 

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And so basically they have 500 
there, 2000 there, which makes 

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you as a manager, which makes 
you as a CSO and finally as ACEO

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a completely blind whether you 
can really fulfill your 

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compliance obligations and 
building the umbrella on top of 

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the systems is really that what 
helps. 

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So getting the visibility across
all kinds of IM vendors and 

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products and across all kinds of
identity. 

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And not only the visibility, I 
think and very, very important 

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part is not just to create a 
task list of things that are not

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looking good, but also to 
provide a proper remediation in 

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the sense helping helping IM 
teams and helping business 

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departments to clean up things 
kind of immediately with 

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automated remediations. 
Yeah. 

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I mean, ultimately that's a big 
part of the why, right? 

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Like how can you manage what you
don't, what you can't see? 

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You have to be able to see it to
have the ability to manage it. 

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And maybe you just answered my 
next question already, but I've 

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got to think a lot of identity 
practitioners start with the 

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question of I've got an IGA 
system, I've got a Pam system, 

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why can't I just do what I need 
with them? 

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Why do I need Nexus? 
Do you hear that much? 

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It depends to whom we are 
speaking, but but we hear this 

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question. 
So I would say to those identity

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practitioners that are 
experienced and that who have 

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done it before or kind of who 
have progressed and basically 

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left the honeymoon face with the
IGA tool. 

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Most likely they have 
experienced. 

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It's not everything polished and
shiny like they have probably 

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expected and then they get quite
quick. 

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Oh, that's the problem Nexus 
solving and this is the solution

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we are providing. 
OK, make sense, give us a demo. 

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And then their understanding is 
quite there. 

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When you're in early stage, so 
you're starting on a Greenfield 

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approach or having something 
very, very old, old school, then

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people hope for sure that all 
the new products, their Magic 

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Quadrant leaders, that they 
completely fulfill what they're 

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expecting and, and to be fair, 
the large players do a good job 

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as well. 
They have mature of the 

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products, but when you are a 
regulated industry, you have so 

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many additional add-ons like 
maintaining a proper segregation

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of duty implementation across a 
variety of system really do a 

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proper access refuse and 
recertifications whether it's 

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often direct assignment, but any
policy has to be recertified at 

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a certain point in time. 
And this is often a little bit 2

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technology focused. 
So it might be doable for an IM 

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practitioner, but it might will 
both be doable for an senior 

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consultant in finance, for an HR
manager and this sort of non IT 

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folks out there in the 
companies. 

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So our mutual friend Rebecca 
Becky Archambault from Gartner 

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posted recently about this IVIP 
space and her research that was 

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recently published about IVIPI 
noticed that you are one of the 

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first person to reply to that 
post and comment on that post. 

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So I guess my question is, is 
IVIP the space that you see 

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yourself in and you know, even 
before that, like do you feel 

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like the boundaries of IVIP make
sense to the practitioner? 

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Absolutely. 
I, I would say so. 

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So I really appreciate that 
this, this term, this box was 

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coined by Becky and and the 
Gartner team and that discussion

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within the community started. 
Is it a platform? 

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Is it not a platform? 
Is it just a bunch of 

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capabilities or or? 
So I think what's really 

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important is that there is an 
understanding, there is a kind 

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of software, a kind of product 
out there that are building this

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umbrella function in order to 
fulfill this Better Together 

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story and bring additional 
capabilities in. 

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Some products are are missing 
and missing for often very good 

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reasons cause larger players 
have to focus on on other areas 

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and not going super deep for 
specific industries or for 

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specific use cases and 
everything, every technology or 

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every area of technology that 
has a name is far easier to to 

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discuss. 
So when you do an industry 

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comparison, when you do a tool 
selection, it's far easier if 

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you have a label, if you have a 
name for it and say, OK, this 

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kind of technology, I want to 
understand better, I want to 

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make a deep dive. 
And so this helps at the end of 

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the day, everyone is you have a 
clear label, you can do a proper

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comparison and you have an 
answer in the sense of of a 

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legal brick. 
So to say that you put on top in

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your enterprise architecture and
say exactly this IVIP category 

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is taking care about this in my 
enterprise, yeah. 

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What I take from what you said 
is that Nexus works with your 

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existing investment in identity 
technology, which I think very 

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few companies make these 
investments and want to walk 

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away from them every few years. 
So buying tools that can kind of

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enhance the functionality seems 
to make a lot of sense. 

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And I think that's a lot of what
the IVIP space is about, right? 

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Increasing visibility, 
increasing intelligence and 

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adding on to the capabilities. 
And I'm wondering, there seems 

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to be like a lot of companies 
that kind of their solutions 

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fall into the space. 
How do you how does Nexus 

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differentiate from the pack? 
Yeah, that's, that's a good 

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question as well. 
First and foremost, I think 

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you're absolutely right and that
that hits the nail that IVIP or 

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IVIP as others are saying, 
ensures and saves existing 

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investments into technology. 
When you have rolled out an IGA 

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tool, an integrated 1 1/2 
thousand or 2000 application, 

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nobody is really willing to RIP 
it out three years after and 

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say, OK, we start completely 
from from scratch and are now 

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bringing in another, another 
tool that's just a slightly 

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better. 
Because at the end all the human

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related processes, all the 
integration processes, are they 

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the cumbersome work and the work
that really is creating a lot of

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effort for for integrators, for 
consultants, for IMM teams. 

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So basically having some 
something there that's well 

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integrated that works, where 
provisioning works is super 

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fine. 
And then there are just a few 

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capabilities missing. 
It's far, far smarter to sit 

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something on on top. 
And coming from the enterprise 

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engine, you have IGA systems and
let's just PEM systems for 

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example. 
You want to ensure SOD, you can 

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figure out on how to do it or 
you say OK, SOD is done by Lexus

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in their IVAP space building an 
umbrella between IGA system and 

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the PEM system and you can 
ensure that no one really 

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conflicts with your SOD 
segregation of duty policies. 

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What's the difference between 
all the vendors that that are 

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there? 
I think IVIP or IVIP is at the 

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very beginning. 
So it's kind of in the finding 

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phase what's really included and
what's really not included. 

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My point is that the visibility 
part is a very important part of

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figuring out across all types of
identities and across all 

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different systems of IM building
this umbrella and bringing 

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visibility to the business side.
That's number one. 

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Number two is visibility is not 
enough observability. 

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Like for example, Martin 
Kupinger, who was also a guest 

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in the IDSC podcast in in the 
past says is important. 

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I do say it's remediation. 
Basically we have the same 

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understanding, not just creating
a list of findings because 

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everyone knows his mailbox or 
his large To Do List. 

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So basically this doesn't make 
sense. 

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Having an automated remediation 
for at least the most important 

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findings or the kind of standard
routines makes absolutely sense 

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in order to get get rid, RIP off
a task list list that that's 

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just law at the end of the day. 
Yeah. 

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I mean, you know, I think Martin
has his finger on the pulse of, 

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00:15:21,800 --> 00:15:25,040
you know, he's got this identity
fabric concept that talks about 

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a lot in his presentations and 
to me, a spot on. 

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It's like, you know, enterprises
that are complex, you have tools

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all over the place, but when it 
comes to something like 

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visibility, having tools all 
over the place, it's, it's not 

239
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the solution, right? 
You need something to be able to

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00:15:42,280 --> 00:15:45,640
aggregate all of that. 
You brought up the idea of 

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00:15:45,640 --> 00:15:48,600
segregation of duties. 
To me that's the perfect 

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00:15:48,600 --> 00:15:52,080
example. 
It's like how does somebody's 

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access relate across the 
enterprise and all these 

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different identity systems that 
give access to business systems 

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00:16:00,960 --> 00:16:06,680
and do those capabilities? 
Or do you know, within your sets

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00:16:06,680 --> 00:16:10,560
of authorizations, do you have 
the ability to, you know, maybe 

247
00:16:10,560 --> 00:16:14,160
it's not commit fraud in the 
accounting sense, but do things 

248
00:16:14,160 --> 00:16:16,120
that you're not supposed to be 
able to do? 

249
00:16:16,440 --> 00:16:20,480
How would you even have the 
visibility to that given, you 

250
00:16:20,480 --> 00:16:23,240
know, a spattering of different 
tools in different places, or 

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00:16:23,240 --> 00:16:26,480
tools that really just don't 
show the full scope of all the 

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access? 
App app app absolutely. 

253
00:16:30,120 --> 00:16:32,120
And this, this is the, is the 
big challenge. 

254
00:16:32,120 --> 00:16:36,760
And when you have the 
visibility, you're sitting on 

255
00:16:36,760 --> 00:16:40,000
all the identity related data. 
And then the next place starting

256
00:16:40,560 --> 00:16:43,960
we, we recently released ISPN 
identity security posture 

257
00:16:43,960 --> 00:16:48,200
management for IGA 'cause when 
you have all this historic data 

258
00:16:48,200 --> 00:16:51,480
and then you have the current 
data and when you will be aware 

259
00:16:51,480 --> 00:16:55,320
about the future data, you can 
find out is there something on 

260
00:16:55,360 --> 00:16:59,880
going on that's smelly? 
Is there some deviation from 

261
00:16:59,880 --> 00:17:03,480
what this could look like? 
Let's say Jim McDonald is an 

262
00:17:03,480 --> 00:17:06,920
engineer and you have been an 
engineer in your company the 

263
00:17:06,920 --> 00:17:11,040
last 10 years and out of a 
sudden on a Sunday you get high 

264
00:17:11,040 --> 00:17:15,079
risk HR privileges. 
That seems not to be OK and I 

265
00:17:15,079 --> 00:17:17,760
can immediately make a proper 
remediation. 

266
00:17:18,240 --> 00:17:21,520
Some people might say, OK, 
that's now a corner case and 

267
00:17:21,520 --> 00:17:24,920
cyber attacker is preparing 
Jim's account and probably it 

268
00:17:24,920 --> 00:17:27,920
is, but see it from an from 
another angle. 

269
00:17:28,640 --> 00:17:32,960
You're assigning some 
authorization, some some roles 

270
00:17:32,960 --> 00:17:36,480
or policies to a new employee as
as a manager. 

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00:17:36,760 --> 00:17:40,560
And there are, you know, in the 
US, in Europe and everywhere 

272
00:17:40,560 --> 00:17:43,280
around the world, there are this
very, very common names. 

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00:17:43,280 --> 00:17:46,240
So you have this John Smith and 
there are probably at large 

274
00:17:46,240 --> 00:17:50,520
companies 20 or 30 John Smith 
and 10 of them are working in IT

275
00:17:50,680 --> 00:17:54,240
and probably in the same, same 
department but not in the same 

276
00:17:54,240 --> 00:17:56,320
team. 
So the likelihood that you just 

277
00:17:56,320 --> 00:17:58,400
picked the wrong is quite, quite
high. 

278
00:17:58,960 --> 00:18:04,360
Or giving you another example, 
the movers process and process 

279
00:18:04,360 --> 00:18:07,560
that's quite common. 
You're moving from Department A 

280
00:18:07,760 --> 00:18:12,720
to Department B and most of the 
time you have some obligations 

281
00:18:12,720 --> 00:18:16,920
to fulfill for your former team 
at least for the next month, two

282
00:18:16,920 --> 00:18:18,920
months or for the next next 
quarter. 

283
00:18:19,240 --> 00:18:21,000
And this is a friendly 
collaboration. 

284
00:18:21,320 --> 00:18:23,880
So what happens? 
You're getting the new policies,

285
00:18:23,880 --> 00:18:26,680
the new authorization, the new 
roles for your new department 

286
00:18:27,120 --> 00:18:32,560
and you will keep the old one. 
Does somebody really take care 

287
00:18:32,560 --> 00:18:37,440
about that you're getting 
getting removed from this 

288
00:18:37,440 --> 00:18:39,560
policies? 
Most likely not. 

289
00:18:39,560 --> 00:18:45,040
So the old manager doesn't 
probably really care 'cause he 

290
00:18:45,040 --> 00:18:48,000
has you all the time and 
probably he can approach you 5-5

291
00:18:48,000 --> 00:18:50,840
months in the future and ask for
help and the new manager will 

292
00:18:50,840 --> 00:18:54,560
probably forget it. 
So if you figure out, OK, that's

293
00:18:54,560 --> 00:18:59,960
an, that's a move and I apply 
some dynamic policies on it and 

294
00:18:59,960 --> 00:19:03,600
I probably give them an, an, an 
end date and the rows are 

295
00:19:03,600 --> 00:19:06,720
automatically disappearing or 
before disappearing. 

296
00:19:06,720 --> 00:19:09,880
I'm asking you, hey, Jim, are 
you really using those 

297
00:19:09,880 --> 00:19:13,680
authorizations anymore? 
Do you need them in the future? 

298
00:19:13,680 --> 00:19:16,680
Then I can have an automated 
clean up across the company. 

299
00:19:17,120 --> 00:19:21,080
And this sums up in a really, 
really large work reduction 

300
00:19:21,320 --> 00:19:24,840
where managers don't have to 
refuse some things and confirm 

301
00:19:24,840 --> 00:19:26,080
some things. 
They don't have a clue. 

302
00:19:26,600 --> 00:19:29,840
And when I'm talking to 
customers or when I'm speaking 

303
00:19:30,440 --> 00:19:31,720
on a conference, I always 
laughed. 

304
00:19:31,720 --> 00:19:35,160
The example what's when you're a
manager, what's the best thing 

305
00:19:35,160 --> 00:19:37,320
to do when you have an access 
review? 

306
00:19:38,120 --> 00:19:41,600
It's always saying yes. 
And I can tell you, I can tell 

307
00:19:41,600 --> 00:19:43,920
you why. 
The moment you say no, you take 

308
00:19:43,920 --> 00:19:48,440
something away from somebody. 
So you always risk that your 

309
00:19:48,440 --> 00:19:50,160
team is not working properly 
anymore. 

310
00:19:50,360 --> 00:19:53,280
And then you are the bad guy who
kind of messed up the company or

311
00:19:53,280 --> 00:19:56,040
messed up the process or 
probably messed up an important 

312
00:19:56,040 --> 00:19:59,920
delivery when you're just saying
yes, that's not good from a 

313
00:19:59,920 --> 00:20:02,480
security perspective and that's 
really bad from an IM 

314
00:20:02,480 --> 00:20:05,160
perspective. 
But the likelihood that you are 

315
00:20:05,160 --> 00:20:08,960
the guilty guy who has said yes 
yesterday and the company will 

316
00:20:08,960 --> 00:20:12,440
be attacked tomorrow and 
basically you are the the guilty

317
00:20:12,440 --> 00:20:17,320
one is super, super low. 
So most likely the kind of best 

318
00:20:17,320 --> 00:20:20,440
individual strategy is just 
saying, yes, you have less, less

319
00:20:20,440 --> 00:20:23,560
work, you don't have to think 
and everyone is up and running 

320
00:20:23,560 --> 00:20:26,000
again. 
And from this kind of very human

321
00:20:26,000 --> 00:20:29,680
behaviour, you have to get away 
from and provide systems that 

322
00:20:29,680 --> 00:20:33,040
are kind of incorporating the 
security and the safety 

323
00:20:33,040 --> 00:20:38,120
mechanisms that the company is 
secured without kind of human 

324
00:20:38,120 --> 00:20:42,920
interaction, so to say. 
Yeah, So interesting that, you 

325
00:20:42,920 --> 00:20:45,840
know, you brought up so many 
different use cases that 

326
00:20:45,840 --> 00:20:49,520
resonate with me. 
And I was trying to think of 

327
00:20:49,640 --> 00:20:54,040
what is the the, the Uber use 
case. 

328
00:20:54,280 --> 00:20:58,720
And I thought obviously large 
global organizations where 

329
00:20:59,040 --> 00:21:02,840
there's some level of 
decentralization happening and 

330
00:21:02,840 --> 00:21:09,400
identity systems are just by 
nature a little bit all over the

331
00:21:09,400 --> 00:21:12,600
place. 
But then I was thinking, imagine

332
00:21:12,600 --> 00:21:18,160
the private equity scenario 
where you have a a portfolio of 

333
00:21:18,160 --> 00:21:21,960
companies and maybe you're doing
some level of shared service or 

334
00:21:21,960 --> 00:21:26,560
you have some people who have 
access across multiple companies

335
00:21:26,560 --> 00:21:28,000
and you're pulling that data 
back. 

336
00:21:28,000 --> 00:21:30,320
I don't know. 
It just struck me as something 

337
00:21:30,320 --> 00:21:34,160
that would be an interesting use
case for this type of 

338
00:21:34,920 --> 00:21:39,640
technology. 
One thing that you you also 

339
00:21:39,640 --> 00:21:44,320
mentioned that I, you know, just
I want to pick on that term 

340
00:21:44,320 --> 00:21:48,520
platform for a minute and you 
guys you have a platform, right?

341
00:21:48,520 --> 00:21:52,720
You have multiple capabilities 
within the platform. 

342
00:21:52,880 --> 00:21:56,160
And I was wondering if you kind 
of enumerate those for us so 

343
00:21:56,160 --> 00:21:59,200
that we have a better 
understanding of what is the 

344
00:21:59,200 --> 00:22:01,920
total product offering from 
Nexus? 

345
00:22:03,800 --> 00:22:06,520
Yeah. 
So yes, we do have a platform, 

346
00:22:06,520 --> 00:22:10,040
but I know also that some people
don't like the platform term 

347
00:22:10,040 --> 00:22:14,880
cause platform can be gigantic, 
platform can be a a bit smaller,

348
00:22:14,880 --> 00:22:16,880
a platform can be in, in, in 
between. 

349
00:22:17,120 --> 00:22:21,360
So whether it's a platform or 
not, I would say it's an it's a 

350
00:22:21,360 --> 00:22:24,360
great collection of capabilities
that are playing together and 

351
00:22:24,360 --> 00:22:28,040
creating value for customers. 
From an pure Nexus perspective, 

352
00:22:28,040 --> 00:22:31,080
I would say it's a platform as a
software product. 

353
00:22:31,400 --> 00:22:34,680
From an enterprise architecture 
point of view, referring to the 

354
00:22:34,680 --> 00:22:38,000
identity fabrics, I would say we
are covering a lot of 

355
00:22:38,000 --> 00:22:41,120
capabilities within the identity
fabrics and then you draw the 

356
00:22:41,120 --> 00:22:44,440
line around then this is this is
our platform. 

357
00:22:44,840 --> 00:22:48,880
So we, we've been talking about 
the role in authorization 

358
00:22:48,880 --> 00:22:52,120
governance and the analytics 
piece where we help you to 

359
00:22:53,080 --> 00:22:56,280
handle access refuse, probably 
where we incorporate AI for 

360
00:22:56,280 --> 00:23:00,000
access administration, but also 
kind of role mining and role 

361
00:23:00,720 --> 00:23:03,440
discovery in order to help 
businesses to kind of clean up 

362
00:23:03,440 --> 00:23:05,600
the space. 
We, we have a very cool health 

363
00:23:05,600 --> 00:23:09,160
check format that's like going 
to the doctor, giving them a bit

364
00:23:09,160 --> 00:23:11,760
of your blood and you get an 
examination later on an 

365
00:23:11,760 --> 00:23:14,720
examination report. 
And we're telling you what's 

366
00:23:14,720 --> 00:23:19,960
good, what's bad, and how you 
can improve within on a on a 

367
00:23:19,960 --> 00:23:22,160
written road map and strategy to
get better. 

368
00:23:23,200 --> 00:23:26,080
That's really interesting. 
Can you tell me, let's hone in 

369
00:23:26,080 --> 00:23:29,800
on that health check, then we'll
get back to my I'm sorry to, to 

370
00:23:30,240 --> 00:23:32,880
pull you all over the place, but
I, you brought up the health 

371
00:23:32,880 --> 00:23:37,240
check and that sounds like, OK, 
there's something actionable 

372
00:23:37,480 --> 00:23:40,040
that people can do. 
Tell us more about the health 

373
00:23:40,040 --> 00:23:42,040
check. 
Absolutely. 

374
00:23:42,040 --> 00:23:45,240
And This is why I really love 
the the health, health tech. 

375
00:23:45,560 --> 00:23:50,080
So you're a big company and 
normally you are having a bit of

376
00:23:50,080 --> 00:23:52,840
a feeling that your role and 
authorization landscape isn't 

377
00:23:53,160 --> 00:23:56,880
looking that good, but you don't
have really a clue to convince 

378
00:23:56,880 --> 00:23:58,680
your management to get 
additional budget. 

379
00:24:00,000 --> 00:24:03,480
Your pain is probably not 
documented well enough to move 

380
00:24:03,480 --> 00:24:04,560
on. 
And this is where the health 

381
00:24:04,560 --> 00:24:09,080
check comes in. 
You get a Nexus subscription for

382
00:24:09,080 --> 00:24:14,600
a short term of four to 8, four 
to 8 weeks either on SAS or as 

383
00:24:14,600 --> 00:24:17,680
in a container for on Prem, 
which makes it sometimes a bit 

384
00:24:17,680 --> 00:24:20,360
easier as you don't have to 
handle all the data protection 

385
00:24:20,360 --> 00:24:23,640
thingies as everything stays in 
in in your company, especially 

386
00:24:23,640 --> 00:24:27,720
for European companies. 
And then we help you to load in 

387
00:24:27,760 --> 00:24:31,160
a copy of your production. 
So nobody in the company has to 

388
00:24:31,160 --> 00:24:34,800
be afraid that the production 
environment will be messed up. 

389
00:24:35,040 --> 00:24:37,760
It's then a kind of a read only 
snapshot and then we do the 

390
00:24:37,760 --> 00:24:42,360
investigation and after we've 
done the investigation, there 

391
00:24:42,360 --> 00:24:46,760
are two potential outcomes. 
Option 1, you have done an 

392
00:24:46,760 --> 00:24:49,200
excellent job. 
Then you can't get off and 

393
00:24:49,200 --> 00:24:52,360
certificate from us on how you 
create your authorization 

394
00:24:52,360 --> 00:24:53,880
landscape. 
Looks like you can go to your 

395
00:24:53,880 --> 00:24:57,160
boss and say, hey, I'm I'm the 
man, I'm your man. 

396
00:24:57,640 --> 00:24:59,440
What about a pay raise or 
something like that? 

397
00:24:59,920 --> 00:25:03,720
Unfortunately, that's very 
unlikely that that's very 

398
00:25:03,720 --> 00:25:06,480
unlikely. 
So that far more likely cases 

399
00:25:06,960 --> 00:25:11,000
that we have some findings, but 
this is good for you as well as 

400
00:25:11,000 --> 00:25:15,640
an IM team or an IM practitioner
manager whatsoever 'cause you 

401
00:25:15,640 --> 00:25:19,800
have this documented findings. 
OK, we have found your IM 

402
00:25:19,800 --> 00:25:23,760
landscapes looks like this. 
This amount of rows, this amount

403
00:25:23,760 --> 00:25:26,640
of direct assignments. 
Most of the time it's kind of 

404
00:25:26,640 --> 00:25:31,920
quite messy to be honest, but we
are not just finger pointing to 

405
00:25:31,920 --> 00:25:34,000
those things that are not 
looking well. 

406
00:25:34,440 --> 00:25:37,880
We give you also a road map on 
how to remediate things and how 

407
00:25:37,880 --> 00:25:40,920
to improve things with a kind of
effort estimation and how you 

408
00:25:40,920 --> 00:25:43,880
can do it in a tool. 
So you're not going a bit bad 

409
00:25:43,880 --> 00:25:47,000
news to your management and 
saying, OK, that's that's the 

410
00:25:47,000 --> 00:25:49,280
bad news because nobody wants to
hear bad news. 

411
00:25:49,680 --> 00:25:51,320
You can go to them with a 
solution. 

412
00:25:51,320 --> 00:25:55,200
You can say we found out that 
and we have now the proof that 

413
00:25:55,200 --> 00:25:58,880
we have really to take action on
in order to make a proper 

414
00:25:58,880 --> 00:26:03,120
security within our company. 
And this is my plan, this is my 

415
00:26:03,120 --> 00:26:05,560
strategic road map on how to get
rid of it. 

416
00:26:06,080 --> 00:26:09,040
And this is a very, very good 
starting point to have really 

417
00:26:09,040 --> 00:26:13,320
this data and fact based 
discussion, discussion within 

418
00:26:13,320 --> 00:26:16,000
the team and not a feeling where
some probably have a good 

419
00:26:16,000 --> 00:26:19,760
feeling and some don't have a 
good feeling. 

420
00:26:20,720 --> 00:26:24,040
The cool thing is you can decide
on your own. 

421
00:26:24,040 --> 00:26:29,240
So basically whether you go 
ahead with us or not, the health

422
00:26:29,240 --> 00:26:32,320
check is a value on its own 
'cause you have all the 

423
00:26:32,320 --> 00:26:36,960
examination results there, you 
have an road map there, what you

424
00:26:36,960 --> 00:26:40,920
can improve. 
So you can use this, this all 

425
00:26:40,920 --> 00:26:45,280
this information for improving 
your, your landscape. 

426
00:26:45,480 --> 00:26:48,680
Enemy. 
I, I always compare it to real 

427
00:26:48,680 --> 00:26:50,760
doctor. 
So you go to the real doctor and

428
00:26:50,880 --> 00:26:53,720
they take your blood and they 
examine your body and probably 

429
00:26:53,720 --> 00:26:57,680
they will say, Haiko, you're a 
little bit too heavy for your 

430
00:26:57,680 --> 00:27:00,480
size. 
You can probably eat a little 

431
00:27:00,480 --> 00:27:03,640
bit less fat and do a little bit
more better nutrition, what 

432
00:27:03,640 --> 00:27:07,200
whatsoever. 
But after that, I can decide on 

433
00:27:07,200 --> 00:27:09,640
my own. 
Do I change my behaviour? 

434
00:27:09,640 --> 00:27:12,040
Will I increase my sport 
activities? 

435
00:27:12,040 --> 00:27:14,200
Will I change what I'm eating, 
something like that? 

436
00:27:14,520 --> 00:27:16,760
Or am I fine with it? 
So I'm not forced with the 

437
00:27:16,760 --> 00:27:20,080
results from the doctor nor our 
customers with the results from 

438
00:27:20,080 --> 00:27:24,480
our health check. 
OK, so you might have said it 

439
00:27:24,480 --> 00:27:27,440
but I and maybe I missed it. 
What is the charge to do the 

440
00:27:27,440 --> 00:27:29,880
health check? 
How much do I have to get 

441
00:27:29,880 --> 00:27:34,680
approved to pay you for this? 
That that's a good question. 

442
00:27:34,680 --> 00:27:37,840
So it depends on the number of 
identities and the company size.

443
00:27:38,800 --> 00:27:43,640
Basically it's an always an 
individual offer. 

444
00:27:43,640 --> 00:27:48,320
But let me say this, for most of
the companies, it's it's 

445
00:27:48,320 --> 00:27:51,640
something which can go either 
directly below a procurement 

446
00:27:51,640 --> 00:27:55,000
level or short, short above. 
So it's ideally for the end of 

447
00:27:55,000 --> 00:27:56,480
the year. 
Now it's November. 

448
00:27:57,240 --> 00:28:02,000
So if you're looking for a last 
term activity, the Nexus hedge 

449
00:28:02,000 --> 00:28:06,200
check that hits the nail. 
OK, that's good to know. 

450
00:28:06,200 --> 00:28:09,800
That's something that I think 
everybody should look into it 

451
00:28:09,800 --> 00:28:15,840
again, kind of go to 
nexus-secure.com/I DACI think 

452
00:28:15,840 --> 00:28:18,680
the information on the health 
check will be there. 

453
00:28:19,960 --> 00:28:24,760
Heiko, you, I so rudely 
interrupted you as you were kind

454
00:28:24,760 --> 00:28:27,800
of describing the platform. 
I want to give you an 

455
00:28:27,800 --> 00:28:29,640
opportunity to pick up where you
left off. 

456
00:28:29,640 --> 00:28:33,600
And I'm sitting here thinking 
you had mentioned the ISPMPS 

457
00:28:33,920 --> 00:28:36,520
earlier. 
I know you're going to save the 

458
00:28:36,520 --> 00:28:38,560
best for last, right? 
That's something I'm very 

459
00:28:38,560 --> 00:28:40,200
interested in hearing about as 
well. 

460
00:28:41,880 --> 00:28:46,320
So yeah, I, I already elaborated
a bit on on ISPN. 

461
00:28:46,320 --> 00:28:50,280
What I really love within the 
ISPN is the license killer, 

462
00:28:52,520 --> 00:28:55,600
which is probably something you 
don't expect with an IM. 

463
00:28:56,840 --> 00:28:58,760
Why did we come to the license 
killer? 

464
00:28:58,760 --> 00:29:04,480
So we, we've started with ISPN 
that the one thing is assigning 

465
00:29:04,480 --> 00:29:09,320
you, whether it's dynamic or 
static policies for things you 

466
00:29:09,320 --> 00:29:14,200
are allowed to do that's good. 
But when you're not using 

467
00:29:14,200 --> 00:29:18,480
things, you should lose it. 
So use it or lose it as the 

468
00:29:18,480 --> 00:29:22,480
saying saying goes. 
And from that we said, OK, it 

469
00:29:22,520 --> 00:29:26,560
makes absolutely sense to figure
out is an identity using the 

470
00:29:26,560 --> 00:29:29,080
authorizations the identity has 
been given. 

471
00:29:29,760 --> 00:29:31,720
Course, when not I can reduce 
it. 

472
00:29:31,720 --> 00:29:34,520
And then basically I'm following
the principle of least privilege

473
00:29:34,520 --> 00:29:41,240
on the one hand and reduce my 
security exposure out out there.

474
00:29:42,400 --> 00:29:44,960
For a couple of systems, this 
works very well. 

475
00:29:44,960 --> 00:29:47,120
That's Microsoft, enter ID 
governance. 

476
00:29:47,120 --> 00:29:52,040
That's SAP in the cloud as well 
as all three and all those 

477
00:29:52,040 --> 00:29:56,200
systems that provide us the data
directly or whether with an 

478
00:29:56,200 --> 00:29:58,600
access to the scene. 
There are applications out there

479
00:29:58,600 --> 00:30:02,360
to be honest that just don't 
have information who's actually 

480
00:30:02,640 --> 00:30:06,400
using what in my application. 
But given that you can provide 

481
00:30:06,400 --> 00:30:10,960
us the data, we can ensure that 
we kind of cut down your 

482
00:30:10,960 --> 00:30:14,080
privileges, cut down your 
authorizations to the number 

483
00:30:14,280 --> 00:30:17,120
you're really using, which makes
it easier. 

484
00:30:17,120 --> 00:30:20,680
And the less direct assignments 
you have, the better it is for 

485
00:30:20,680 --> 00:30:23,720
everyone. 
And then they come to the to 

486
00:30:23,720 --> 00:30:27,040
thinking, what does it mean if 
it goes down to zero? 

487
00:30:27,640 --> 00:30:29,480
You're not using the system at 
all. 

488
00:30:29,880 --> 00:30:33,480
And imagine a large enterprise 
with 100K or 200K employees. 

489
00:30:33,760 --> 00:30:36,440
How many employees have 
subscribed for this cloud 

490
00:30:36,440 --> 00:30:40,440
service, for this Microsoft add 
on for this kind of stuff and 

491
00:30:40,440 --> 00:30:44,560
this kind of stuff and not using
it, but also not giving it back.

492
00:30:44,560 --> 00:30:47,640
So have you ever heard someone 
approaching an IT team and 

493
00:30:47,640 --> 00:30:50,840
saying oh I have too much 
software, I have too much 

494
00:30:50,840 --> 00:30:53,640
privileges, please, please take 
it back. 

495
00:30:53,640 --> 00:30:57,440
So having is better than needing
and this is the principle most 

496
00:30:57,440 --> 00:31:01,640
most employees are are working. 
So when we figure out there is 

497
00:31:01,640 --> 00:31:06,880
nothing left, we can remove you 
at all from the application, 

498
00:31:07,120 --> 00:31:08,840
which means we can give a 
license back. 

499
00:31:09,400 --> 00:31:14,160
And when you trusted the math 
with 100K or 200K headcount 

500
00:31:14,160 --> 00:31:17,920
company and we have just a 
fraction of those people that 

501
00:31:17,920 --> 00:31:22,520
are not using a certain SAS 
service Salesforce license or 

502
00:31:22,520 --> 00:31:26,400
something like that, it sums up 
in an into enormous amount. 

503
00:31:26,400 --> 00:31:29,600
And so this is really cool. 
And then we presented it to our 

504
00:31:29,600 --> 00:31:32,600
customers and also where we have
this kind of discussions with 

505
00:31:32,600 --> 00:31:36,320
them when in the, during the 
signing phase, we've learnt that

506
00:31:36,360 --> 00:31:39,400
so many IM teams are approached 
by license management. 

507
00:31:39,400 --> 00:31:43,680
So can you tell us about how 
people are using the software 

508
00:31:43,680 --> 00:31:47,760
your IM, you're giving all this 
kind of access thing is, can you

509
00:31:47,760 --> 00:31:49,800
tell us more? 
And most of the time they have 

510
00:31:49,800 --> 00:31:53,360
been suffering and at the end 
they have to say, oh, no, sorry,

511
00:31:53,360 --> 00:31:57,480
we can't. 
And you're now kind of kind of 

512
00:31:57,480 --> 00:32:03,240
covering this, this white spot 
and helping customers to follow 

513
00:32:03,240 --> 00:32:05,920
the principle of these 
privileges on the one hand and 

514
00:32:05,920 --> 00:32:08,120
on the other hand, saving costs 
at the same time. 

515
00:32:09,880 --> 00:32:15,200
I think he gave a really good 
overview in like the why of 

516
00:32:16,400 --> 00:32:21,440
Nexus and kind of like how you 
get the value. 

517
00:32:21,920 --> 00:32:25,400
Now I'm going to talk about the 
how in terms of like how it 

518
00:32:25,440 --> 00:32:29,520
actually worked, because you 
talked a little bit about how it

519
00:32:29,520 --> 00:32:35,400
sits on top of an IGA system. 
It sounds to me like it 

520
00:32:35,400 --> 00:32:38,960
leverages a lot of the data 
that's in the IGA system. 

521
00:32:39,280 --> 00:32:43,240
The idea is then to provide 
managers with the information 

522
00:32:43,240 --> 00:32:47,080
they need so they can make good 
decisions during an access 

523
00:32:47,360 --> 00:32:52,280
review campaign, for example. 
I'm also wondering, is there 

524
00:32:52,280 --> 00:32:55,840
some kind of, so you're pulling 
data from the IGA system? 

525
00:32:55,840 --> 00:32:59,240
Are you pushing data back into 
the IGA system? 

526
00:32:59,480 --> 00:33:03,240
Going to talk to me a little bit
about how that whole process 

527
00:33:03,240 --> 00:33:06,000
works. 
Absolutely. 

528
00:33:07,000 --> 00:33:10,520
You described it very well. 
So we're sitting on top on those

529
00:33:10,520 --> 00:33:18,200
IM systems, a lot of IHIGH 
systems where we have very, very

530
00:33:18,200 --> 00:33:21,680
mature connectors, certified 
connectors reading the data 

531
00:33:21,680 --> 00:33:25,640
route and writing the data back.
So when we are changing 

532
00:33:25,640 --> 00:33:28,240
something, we can write it back 
at the same time, which is 

533
00:33:28,240 --> 00:33:31,360
important because otherwise you 
can't do any improvements or 

534
00:33:31,360 --> 00:33:34,920
remediations then you are trust 
on kind of read only system. 

535
00:33:35,840 --> 00:33:39,600
So, so to say the advantage is 
that companies save their 

536
00:33:39,600 --> 00:33:43,480
investment, they have kind of 
rolled out say .1 identity or so

537
00:33:43,880 --> 00:33:47,720
then all the integration. 
So it doesn't make sense to do 

538
00:33:47,720 --> 00:33:50,600
it again with Texas. 
So when we are sitting top of 

539
00:33:50,600 --> 00:33:54,560
them reading out the data and 
kind of providing it back is 

540
00:33:54,560 --> 00:33:58,960
quicker for us, a shorter time 
to value for the customer and 

541
00:33:58,960 --> 00:34:03,760
saving a lot of integration, 
integration efforts when rolling

542
00:34:03,760 --> 00:34:07,320
out new applications. 
It's always the question, so how

543
00:34:07,320 --> 00:34:11,280
do we do onboard now an 
application into my IGA system? 

544
00:34:11,280 --> 00:34:14,280
And this is where our 
application onboarding comes 

545
00:34:14,280 --> 00:34:18,040
into play where we have this 
kind of very, very structured 

546
00:34:18,040 --> 00:34:22,080
process to collect all this data
that's needed for doing a proper

547
00:34:22,080 --> 00:34:26,040
integration into say .1 
Identity, Savient, you name it. 

548
00:34:26,040 --> 00:34:28,000
Why? 
Why is that important when 

549
00:34:28,000 --> 00:34:31,400
you're talking to IGA 
practitioners and you have 

550
00:34:31,400 --> 00:34:34,800
probably done it so many times 
in the past, they are suffering 

551
00:34:34,800 --> 00:34:38,239
all with speed of application 
onboarding and with costs. 

552
00:34:38,960 --> 00:34:42,840
Coming back to a very, very 
simple example, doing the math, 

553
00:34:43,199 --> 00:34:47,320
you have two and a half thousand
applications and you want to 

554
00:34:47,320 --> 00:34:50,239
onboard this 2 1/2 thousand 
applications. 

555
00:34:50,800 --> 00:34:54,639
And it takes just one day for 
doing a bit of conversation with

556
00:34:54,639 --> 00:34:58,200
the application owner, sending 
him documentation, asking for 

557
00:34:58,200 --> 00:35:01,600
documentation back for some 
technical settings, but also for

558
00:35:01,600 --> 00:35:04,680
business settings. 
In Europe, for example, there is

559
00:35:04,680 --> 00:35:07,720
an finance regulation called 
Dora, the Digital Operations 

560
00:35:08,040 --> 00:35:12,160
Resilience Act, which requires 
regulated companies such as 

561
00:35:12,160 --> 00:35:15,960
banks and insurance companies to
do a proper documentation about 

562
00:35:15,960 --> 00:35:18,600
SOD recertification cycles and 
this kind of stuff. 

563
00:35:18,960 --> 00:35:21,920
So it's a lot of things you have
to collect and incorporate 

564
00:35:21,920 --> 00:35:24,240
somehow. 
And we've glued that into a 

565
00:35:24,240 --> 00:35:26,760
product. 
And now imagine you're doing 

566
00:35:26,760 --> 00:35:30,960
this 2 1/2 thousand time one day
and you apply a Trulia 

567
00:35:30,960 --> 00:35:34,600
consultant and for the sake of 
simplicity, just let's say it's 

568
00:35:34,600 --> 00:35:37,080
$1000 a day, that the math is 
easy. 

569
00:35:37,080 --> 00:35:40,240
Then we're ending up with two 
and a half, $1,000,000. 

570
00:35:40,640 --> 00:35:45,600
A Trulia consultant is just 
asking people in the enterprise,

571
00:35:45,600 --> 00:35:47,040
hey, can you give me this 
information? 

572
00:35:47,400 --> 00:35:50,880
And probably they won't react. 
They're giving you kind of 

573
00:35:52,480 --> 00:35:55,360
information in the format of 
choice, but not in the format 

574
00:35:55,360 --> 00:35:58,720
you can can really eat. 
And our streamlined process 

575
00:35:58,720 --> 00:36:03,160
helps exactly to to go there and
kind of reduce the workload. 

576
00:36:03,480 --> 00:36:06,880
And at the end of the day, you 
have this kind of collected set 

577
00:36:06,880 --> 00:36:12,080
of information in order to 
either use the IGA soft IGA 

578
00:36:12,080 --> 00:36:16,000
software application onboarding 
tool that does all the kind of 

579
00:36:16,000 --> 00:36:19,480
connect the configuration or 
when you're working with an SI 

580
00:36:19,480 --> 00:36:22,760
or a managed services provider, 
they have often built their own 

581
00:36:22,760 --> 00:36:26,560
procedures on how do those to do
those things very, very quickly.

582
00:36:26,880 --> 00:36:30,280
You can use all the data you 
have collected with us, throw it

583
00:36:30,280 --> 00:36:34,160
into these tools and kind of 
doing quicker on onboarding with

584
00:36:34,160 --> 00:36:36,840
the sake of speeding up 
enormously. 

585
00:36:38,240 --> 00:36:41,360
One of the things that you've 
done throughout this episode is 

586
00:36:41,520 --> 00:36:45,320
really done a good job of kind 
of sprinkling examples 

587
00:36:45,560 --> 00:36:47,680
throughout. 
And one of the questions we 

588
00:36:47,680 --> 00:36:53,760
always like to ask our sponsors 
is how do customers show value 

589
00:36:54,400 --> 00:36:59,600
or how do they measure the value
they're getting from the Nexus 

590
00:36:59,600 --> 00:37:03,080
solution so they can communicate
upward. 

591
00:37:03,520 --> 00:37:06,520
You know, hey, this is the 
difference it's making. 

592
00:37:06,680 --> 00:37:08,640
This is why it's worth the 
investment. 

593
00:37:10,040 --> 00:37:13,560
Maybe you can kind of answer 
that question and again kind of 

594
00:37:13,560 --> 00:37:18,680
give some examples where you've 
seen your clients be able to do 

595
00:37:18,680 --> 00:37:21,960
that. 
Yeah, it's. 

596
00:37:21,960 --> 00:37:25,200
It's very manifold and very 
specific for the use case of 

597
00:37:25,200 --> 00:37:28,240
what a success look like and 
also a bit related to the 

598
00:37:28,240 --> 00:37:31,840
customer for sure. 
But let me pick the example of 

599
00:37:32,920 --> 00:37:37,440
excess refuse or policy refuse 
for recertification by for 

600
00:37:37,440 --> 00:37:40,720
regulated companies that have, 
this is a is a thing that you 

601
00:37:40,720 --> 00:37:43,600
have to do regularly, whether 
you like it or dislike it. 

602
00:37:43,960 --> 00:37:48,520
And most of the time this is one
of the, let's say, Halloween 

603
00:37:48,520 --> 00:37:51,480
month or horror month for the 
IGA teams. 

604
00:37:51,480 --> 00:37:53,920
They have to prepare everything.
They're reaching out to the 

605
00:37:53,920 --> 00:37:57,000
business departments and 
everyone has to give feedback 

606
00:37:57,000 --> 00:38:01,440
within 3 or 4 weeks to kind of 
finish your initiative. 

607
00:38:02,200 --> 00:38:07,120
And so one very important KPI 
for them is have things kind of 

608
00:38:07,120 --> 00:38:13,800
speed up and especially has the 
number of manual assignments 

609
00:38:14,160 --> 00:38:17,720
being reduced significantly. 
So when you can assign a lot of 

610
00:38:17,720 --> 00:38:21,800
authorizations via birthrights, 
via dynamic policies, I had 

611
00:38:21,800 --> 00:38:25,000
earlier the example that your 
assignments run out 

612
00:38:25,000 --> 00:38:28,240
automatically after 1/4 for 
example, or after you changed 

613
00:38:28,240 --> 00:38:31,720
your organizational unit, 
something like that, You don't 

614
00:38:31,720 --> 00:38:34,720
need that many certifications 
anymore recertifications 

615
00:38:34,720 --> 00:38:37,880
anymore. 
So the workload is significantly

616
00:38:37,960 --> 00:38:41,240
reduced. 
And this is some KPI to measure.

617
00:38:41,640 --> 00:38:46,520
Another thing is we had a 
customer also of finance 

618
00:38:46,520 --> 00:38:51,320
institute, they wanted to put 
everything into business roles. 

619
00:38:51,480 --> 00:38:54,880
So no individual assignment of 
entitlements or so. 

620
00:38:55,280 --> 00:38:59,320
And they had a big initiative 
and basically they succeeded to 

621
00:38:59,320 --> 00:39:02,080
do it that that way. 
And all those things you can put

622
00:39:02,080 --> 00:39:06,120
on your KPIs and really measure 
whether you have been successful

623
00:39:06,160 --> 00:39:09,320
or not. 
As my last example, I was 

624
00:39:09,320 --> 00:39:12,080
talking about application on 
boarding or the authorization 

625
00:39:12,080 --> 00:39:14,840
concept. 
And this is exactly the way 

626
00:39:15,520 --> 00:39:18,200
imagine for the authorization 
concept where you have to a 

627
00:39:18,200 --> 00:39:23,040
written documentation about your
policies about refuse cycles and

628
00:39:23,040 --> 00:39:26,760
so on. 
And you have to do this for 2 

629
00:39:26,760 --> 00:39:30,160
1/2 thousand, 1000 or even just 
500 applications. 

630
00:39:30,960 --> 00:39:34,560
And you know, the tool of choice
for so many people is Microsoft 

631
00:39:34,560 --> 00:39:36,800
Word and Microsoft Microsoft 
Excel. 

632
00:39:36,800 --> 00:39:42,080
It's a super flexible tool. 
You can do everything, but you 

633
00:39:42,080 --> 00:39:44,280
have boundaries quite, quite 
early. 

634
00:39:44,600 --> 00:39:48,400
So you're starting and at the 
moment you're you're ready, your

635
00:39:48,400 --> 00:39:51,280
documents are outdated because 
your system landscape has 

636
00:39:51,520 --> 00:39:54,560
changed. 
Back in time 20 years ago when 

637
00:39:54,560 --> 00:39:58,120
everyone was doing waterfall and
then there was probably 4 

638
00:39:58,120 --> 00:40:02,080
releases or three releases a 
year, you might have been able 

639
00:40:02,080 --> 00:40:05,120
to kind of align updating your 
documentation with that release.

640
00:40:05,640 --> 00:40:07,640
Now everyone works in an HR 
mode. 

641
00:40:07,640 --> 00:40:12,680
HR teams are continuously 
releasing and every basically 

642
00:40:12,680 --> 00:40:17,800
everyday something is changing 
in an enterprise IT landscape. 

643
00:40:18,080 --> 00:40:21,360
And so it's an never ending 
story and it's a nightmare. 

644
00:40:21,800 --> 00:40:26,000
Imagine you have now a system 
that basically gives you an 

645
00:40:26,000 --> 00:40:28,880
audit when a non compliant 
situation pops up. 

646
00:40:29,280 --> 00:40:32,840
So you can measure this 
documentation is not compliant 

647
00:40:32,840 --> 00:40:36,000
anymore. 
You get a red traffic light. 

648
00:40:36,040 --> 00:40:39,440
You can work on it and kind of 
move back into a compliance mode

649
00:40:39,440 --> 00:40:44,000
and reduce the time of being not
able to have your proper proof 

650
00:40:44,000 --> 00:40:49,880
of audits that you have to show 
up to the to the auditor, for 

651
00:40:49,880 --> 00:40:51,680
example. 
Yeah, of course. 

652
00:40:51,800 --> 00:40:55,160
So I want to shift the 
conversation a little bit. 

653
00:40:55,160 --> 00:40:59,240
And we always have one question.
I I feel like if we finish this 

654
00:40:59,240 --> 00:41:03,920
episode and I don't ask a 
question, I'll be I'll feel like

655
00:41:03,920 --> 00:41:06,280
I missed out. 
So how did you come up with the 

656
00:41:06,280 --> 00:41:10,240
name Nexus? 
And it's NEXIS. 

657
00:41:11,400 --> 00:41:15,560
Yeah, so I didn't came up. 
So the founder of Nexus and my 

658
00:41:15,560 --> 00:41:19,880
successor Ludwig Ludwig folks 
who did also his PhD by the way,

659
00:41:19,880 --> 00:41:23,760
at the same university in in 
Regensburg, which is Munich 

660
00:41:23,760 --> 00:41:28,040
metropolitan area. 
And I started the business and 

661
00:41:28,040 --> 00:41:32,320
had to look for a company name. 
And this is at least what he, 

662
00:41:32,320 --> 00:41:36,480
he, he told me all the the 
scientists and they do have a 

663
00:41:36,480 --> 00:41:39,680
research project. 
They are inventing this funny 

664
00:41:39,680 --> 00:41:45,000
names, approvating some things 
and sometimes the approvation is

665
00:41:45,000 --> 00:41:47,680
a match and sometimes it's not a
match. 

666
00:41:48,040 --> 00:41:52,000
And so basically it was Next 
Generation Information Security 

667
00:41:52,400 --> 00:41:55,640
Systems and now you get it. 
There is no Qi in Nexus. 

668
00:41:56,440 --> 00:41:59,640
But anyway, that's some kind of 
scientific work play. 

669
00:42:00,000 --> 00:42:04,040
Originally it was Next 
Generation Information Security 

670
00:42:04,040 --> 00:42:08,520
Systems, now it's Nexus and as I
said, NEXIS. 

671
00:42:09,600 --> 00:42:10,880
I love it. 
That's great. 

672
00:42:11,160 --> 00:42:15,840
So you mentioned also Munich, is
that in Germany where you are 

673
00:42:16,200 --> 00:42:19,400
headquartered? 
So we were headquartered in 

674
00:42:19,400 --> 00:42:22,960
Regensburg, which is an old 
medieval city going back to the 

675
00:42:23,240 --> 00:42:28,480
to the Romans, which is 100 
kilometers north of Munich where

676
00:42:28,480 --> 00:42:30,840
I'm living. 
So it's Munich metropolitan 

677
00:42:30,840 --> 00:42:35,080
region from AUS perspective. 
Perspective, it's just a suburb 

678
00:42:35,080 --> 00:42:38,200
of Munich, so to say. 
You know, as you're talking 

679
00:42:38,200 --> 00:42:41,160
about the solution today and 
kept thinking to myself like 

680
00:42:41,600 --> 00:42:46,880
this is needed by pretty much 
every organization that is of 

681
00:42:46,880 --> 00:42:54,160
any kind of that is sizable. 
Is the solution focused on the 

682
00:42:54,160 --> 00:42:57,720
European Union or is it 
applicable? 

683
00:42:57,800 --> 00:43:03,160
Do you basically market your 
product to the United States and

684
00:43:03,160 --> 00:43:07,960
Canada or what are the 
limitations in terms of what 

685
00:43:07,960 --> 00:43:13,720
geographies should cover today? 
So basically it fits for 

686
00:43:14,160 --> 00:43:16,800
customers around the globe. 
That's the important message. 

687
00:43:17,400 --> 00:43:23,040
And then I started back at Nexus
beginning of the year, I did a 

688
00:43:23,040 --> 00:43:25,960
lot of travelling, meeting a lot
of people also in the US 

689
00:43:25,960 --> 00:43:30,040
attended various conferences, 
was talking to customers, was 

690
00:43:30,040 --> 00:43:33,160
talking to systems integrators 
also to get my own perspective 

691
00:43:33,160 --> 00:43:35,120
on what they are, are, are are 
saying. 

692
00:43:35,320 --> 00:43:39,000
And it's absolutely clear, as 
you said, it's, it's a match for

693
00:43:39,000 --> 00:43:42,960
US customers, for North American
customers, for Europeans and for

694
00:43:42,960 --> 00:43:45,960
APG customers. 
So for customers around the 

695
00:43:45,960 --> 00:43:50,720
world, our our roots have been 
determined Truman speaking 

696
00:43:50,720 --> 00:43:54,120
region as Nexus was and this is 
probably a story that's 

697
00:43:54,120 --> 00:43:57,480
different to so many of your 
guests here in the podcast. 

698
00:43:58,040 --> 00:44:00,600
Nexus was not an NBC based 
company. 

699
00:44:01,160 --> 00:44:06,480
It was bootstrapped without any 
money and kind of running up and

700
00:44:07,360 --> 00:44:11,640
by Ludwig, Michael Matthias and 
and and the team, which is a 

701
00:44:11,720 --> 00:44:16,280
great success story being there 
15 years and the market and 

702
00:44:16,520 --> 00:44:21,360
having done you think becoming 
mentioned that Gardner without 

703
00:44:21,360 --> 00:44:23,880
getting a big load of money 
where you can invest in the 

704
00:44:23,880 --> 00:44:25,880
product. 
On the other side when you do 

705
00:44:25,880 --> 00:44:31,440
so, you don't have this really 
big sums for GTM for sales and 

706
00:44:31,440 --> 00:44:34,680
marketing to kind of pop offices
around the globe. 

707
00:44:34,680 --> 00:44:38,440
This was not done in the past, 
but the team started two years 

708
00:44:38,440 --> 00:44:41,560
before forever starting three 
years to kind of professionalize

709
00:44:42,160 --> 00:44:47,000
all all this scale or to prepare
the scale up phase, so to say 

710
00:44:47,240 --> 00:44:51,720
hiring, marketing, hiring sales 
and approaching the global 

711
00:44:51,720 --> 00:44:54,160
market. 
And now we've get probably an 

712
00:44:54,360 --> 00:44:59,120
extra traction on on on top of 
it scaling across Europe and 

713
00:44:59,120 --> 00:45:03,960
talking to US customers as well,
those who are listening and 

714
00:45:04,320 --> 00:45:07,200
those who will be attending. 
Gardner, I am in Dallas. 

715
00:45:07,400 --> 00:45:08,640
Michael and I will be there as 
well. 

716
00:45:08,640 --> 00:45:11,920
And we're more than happy to 
meet or having a coffee without 

717
00:45:11,920 --> 00:45:17,600
any sales talk, but just from an
identity enthusiast perspective.

718
00:45:17,600 --> 00:45:20,920
So it's always great to talk to 
identity people. 

719
00:45:21,720 --> 00:45:25,320
Yeah, I saw that you had that on
your LinkedIn bio or your title 

720
00:45:25,560 --> 00:45:27,720
identity enthusiast, and I'd 
love that. 

721
00:45:27,720 --> 00:45:31,320
You know, I, I put on their 
identity practitioner because 

722
00:45:31,520 --> 00:45:35,320
that's how I see what I do 
professionally as like I'm 

723
00:45:35,320 --> 00:45:40,160
writing the game with folks who 
are doing it on a day-to-day 

724
00:45:40,160 --> 00:45:42,240
basis. 
And I am as well from a 

725
00:45:42,240 --> 00:45:46,000
consulting perspective. 
But I just look at us as we're 

726
00:45:46,000 --> 00:45:50,000
all fighting the same battle. 
You mentioned conferences. 

727
00:45:50,360 --> 00:45:53,800
You and I spent some time 
together at Eici think that's a 

728
00:45:53,800 --> 00:45:56,360
fantastic conference. 
I did want to bring up the 

729
00:45:56,360 --> 00:45:59,800
Gartner conference. 
So if people want to reach out 

730
00:45:59,800 --> 00:46:03,680
to you to meet you at any of 
these conferences, what's the 

731
00:46:03,680 --> 00:46:07,040
best way to do that? 
What's the best way to do so? 

732
00:46:07,200 --> 00:46:10,000
Either drop me on a message on 
LinkedIn. 

733
00:46:10,320 --> 00:46:15,240
I'm the only haiku cloud out 
there, so I'm quite easy to to 

734
00:46:15,600 --> 00:46:18,240
to to find. 
We can put the schedule link or 

735
00:46:18,240 --> 00:46:23,560
a contact link on 
nexusminusck.com/idic as well, 

736
00:46:24,040 --> 00:46:28,840
so that's probably the easiest 
way to to reach out to me. 

737
00:46:29,640 --> 00:46:33,080
Yeah, that's fantastic. 
And I know you're somebody who 

738
00:46:33,560 --> 00:46:36,680
is like a kind of an open 
network or so anybody who's kind

739
00:46:36,680 --> 00:46:39,920
of in our industry, if they 
connect to you on LinkedIn, 

740
00:46:40,240 --> 00:46:43,040
you're always open to those kind
of conversations. 

741
00:46:44,120 --> 00:46:47,000
The one thing that we like to do
kind of our tradition around 

742
00:46:47,000 --> 00:46:49,640
here is to always end on a 
lighter note. 

743
00:46:49,920 --> 00:46:52,320
And I've been to Germany a few 
Times Now. 

744
00:46:52,320 --> 00:46:55,800
I've been to Frankfurt and I've 
been to Berlin. 

745
00:46:56,000 --> 00:47:00,760
I've never been to Munich, but 
putting all that aside, I want 

746
00:47:00,760 --> 00:47:05,840
to know from you, what is the 
thing in Germany or the place in

747
00:47:05,840 --> 00:47:08,480
Germany that people should 
visit? 

748
00:47:11,600 --> 00:47:15,040
I would say that's for sure 
Nexus headquarter, Reddis Bone 

749
00:47:15,480 --> 00:47:19,240
at the Danube River and and 
Munich and I can tell tell you 

750
00:47:19,320 --> 00:47:23,040
tell you why. 
So Munich is a great, great, 

751
00:47:23,280 --> 00:47:26,000
great city, the right size, very
international. 

752
00:47:26,960 --> 00:47:31,640
We do host Oktoberfest, which is
a great event for so many people

753
00:47:31,640 --> 00:47:36,360
out there and it has the right 
location within Germany, so it's

754
00:47:37,000 --> 00:47:39,560
a short way to the Alps, to the 
mountains for those who like 

755
00:47:39,560 --> 00:47:42,720
hiking. 
It's not that far to Italy, 

756
00:47:43,040 --> 00:47:47,480
where you can go either to the 
sea or enjoy the mountains as 

757
00:47:47,480 --> 00:47:49,440
well. 
It's a little bit more up into 

758
00:47:49,440 --> 00:47:55,320
the north to the North Sea and 
Baltic Sea, but it's a very 

759
00:47:55,320 --> 00:48:00,040
lovely place and why it's 
Ratisbone, Ringsburg, our our 

760
00:48:00,040 --> 00:48:03,440
headquarter, not just because 
it's it's Nexus head 

761
00:48:03,440 --> 00:48:06,560
headquarter, but you're more 
than welcome to visit us in case

762
00:48:07,840 --> 00:48:11,760
you are you're doing some 
tourist stuff stuff there. 

763
00:48:12,080 --> 00:48:16,160
It's an old mediable city going 
back to the Roman times. 

764
00:48:16,160 --> 00:48:21,120
That was my my friend Andrea 
Rossi from your mount visitors 

765
00:48:21,120 --> 00:48:26,800
us just a few weeks ago during 
our customer custom event and 

766
00:48:26,800 --> 00:48:30,680
the summertime as well. 
And it's feels like an Italian 

767
00:48:30,680 --> 00:48:36,040
city and all the things that are
looking like they are old, 506 

768
00:48:36,040 --> 00:48:37,560
hundred years, they are really 
old. 

769
00:48:37,880 --> 00:48:43,840
So for especially for Americans 
that know very very new and 

770
00:48:43,840 --> 00:48:49,760
modern city with with a great 
skyline, Ringsburg is probably 

771
00:48:49,840 --> 00:48:53,760
the opposite, being there in an 
in a time machine experiencing 

772
00:48:53,760 --> 00:48:57,280
an old medada diversity that was
not destroyed during the war. 

773
00:48:58,080 --> 00:49:03,080
Yeah, that sounds really great. 
So Andrea visited it sounds like

774
00:49:03,080 --> 00:49:06,960
right around Oktoberfest, right?
I mean, that's the time to come 

775
00:49:06,960 --> 00:49:11,240
to Munich and well, I think 
that's it's either the time to 

776
00:49:11,240 --> 00:49:13,960
come or the time to avoid What 
what do you say? 

777
00:49:15,120 --> 00:49:19,400
So I like Oktoberfest very much.
So I would would say it's the 

778
00:49:19,400 --> 00:49:23,080
right time to to come back. 
Prices are are high for for 

779
00:49:23,080 --> 00:49:27,920
example, and you have to take 
care to kind of adopt your 

780
00:49:28,440 --> 00:49:32,160
drinking to Oktoberfest style in
the sense the beer is larger and

781
00:49:32,160 --> 00:49:35,080
the beer is stronger. 
So most likely you can't drink 

782
00:49:35,320 --> 00:49:38,640
as you're used at home and have 
to slow down a bit to be fit for

783
00:49:38,640 --> 00:49:40,360
the next day of Oktoberfest as 
well. 

784
00:49:40,720 --> 00:49:44,600
But if Oktoberfest doesn't work 
out, then Oktoberfest is at the 

785
00:49:44,600 --> 00:49:48,120
end of day of September, which 
is off my voice friend and a 

786
00:49:48,120 --> 00:49:51,560
trap. 
The summertime is is really 

787
00:49:51,560 --> 00:49:53,600
nice. 
So in end of September it's 

788
00:49:53,600 --> 00:49:57,880
getting already cold, but in 
July, August the temperatures 

789
00:49:57,880 --> 00:50:01,840
are quite high and nice and it's
not as hot as in other places 

790
00:50:01,840 --> 00:50:06,160
where you can't go out without 
any AC or so. 

791
00:50:06,400 --> 00:50:09,760
This is a great time for 
visiting both Leesburg and and 

792
00:50:09,760 --> 00:50:12,200
Munich. 
You know, it sounds like very 

793
00:50:12,200 --> 00:50:17,000
wise advice and hopefully we all
get an opportunity to take you 

794
00:50:17,000 --> 00:50:19,360
up on that and come over and 
visit. 

795
00:50:20,560 --> 00:50:24,240
Was there anything else FICO 
that you'd like to leave as kind

796
00:50:24,240 --> 00:50:28,080
of like parting advice or 
parting words for the identity 

797
00:50:28,080 --> 00:50:31,320
practitioners who are just 
learning about Nexus and what 

798
00:50:31,320 --> 00:50:37,280
you do? 
So there is a new report out 

799
00:50:37,280 --> 00:50:41,800
there fresh from the press from 
Martin, not from Martin 

800
00:50:41,800 --> 00:50:45,880
Kupinger, but from Copinger Coal
analysts, from the analyst 

801
00:50:45,880 --> 00:50:47,920
literature and executive view on
Nexus. 

802
00:50:48,200 --> 00:50:53,320
We'll put it up to the Nexus 
minor seeker.com slash idic 

803
00:50:53,320 --> 00:50:56,120
website as well, which is a 
great read. 

804
00:50:56,120 --> 00:50:59,280
Basically what we've been 
talking about today written from

805
00:50:59,280 --> 00:51:02,640
the analyst perspective in three
to four pages. 

806
00:51:02,640 --> 00:51:06,040
So it's a quick read when you're
commuting or when you have just 

807
00:51:06,040 --> 00:51:08,640
a free, a couple of free minutes
to to work through. 

808
00:51:09,000 --> 00:51:11,040
I think that's that's really 
great. 

809
00:51:11,480 --> 00:51:15,000
Otherwise, I said I'm regularly 
attending a variety of 

810
00:51:15,000 --> 00:51:17,080
conferences. 
I'm attending identity as well. 

811
00:51:17,440 --> 00:51:21,960
And Enrique, our joint friend is
organizing one very, very likely

812
00:51:22,440 --> 00:51:24,360
for Gartner. 
I am as as well. 

813
00:51:25,240 --> 00:51:30,520
So be there if you see me, if 
you recognize us, say hello, 

814
00:51:30,800 --> 00:51:32,840
hello. 
And I'm more than happy to have 

815
00:51:32,840 --> 00:51:36,160
and and chat, whether it's about
identity or any other topic 

816
00:51:36,160 --> 00:51:39,160
you're interested in. 
I'll definitely be there. 

817
00:51:39,160 --> 00:51:43,360
So add me to the list and if you
get a chance, if you're out of 

818
00:51:43,360 --> 00:51:45,520
Gartner, please come out and 
meet us. 

819
00:51:46,240 --> 00:51:48,120
Thank you so much for doing 
this, Haiko. 

820
00:51:48,320 --> 00:51:52,720
One more time for everybody's 
Nexus Dash secure slash idac. 

821
00:51:52,720 --> 00:51:57,080
You'll have that paper from 
Cooper Cole there for folks to 

822
00:51:57,360 --> 00:52:00,920
get a copy of, which I think is 
fantastic. 

823
00:52:01,200 --> 00:52:05,200
Those papers that Cooper and 
Cole puts out are always top 

824
00:52:05,200 --> 00:52:08,120
notch. 
That's going to wrap up the show

825
00:52:08,120 --> 00:52:10,640
for this time. 
Find us on the web at 

826
00:52:10,640 --> 00:52:14,840
idacpodcast.com. 
Find us on YouTube by just going

827
00:52:14,840 --> 00:52:19,720
to idacpodcast.tv. 
And we'll talk to you all on the

828
00:52:19,720 --> 00:52:23,680
next one. 
You've been listening to 

829
00:52:23,720 --> 00:52:27,600
Identity at the Center. 
We hope you've enjoyed the show.

830
00:52:27,800 --> 00:52:31,920
Make sure to like, rate and 
review, and we'll be back soon. 

831
00:52:32,200 --> 00:52:34,440
But in the meantime, hit the 
website at 

832
00:52:34,440 --> 00:52:40,800
identity@thecenter.com. 
See you next time on Identity at

833
00:52:40,800 --> 00:52:41,680
the Center.
