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With the influx of large amount of data through various sources like mobile devices and cloud applications, the management of identity data can be a huge challenge for most enterprises today. Identity and Access Management (IAM) technology can be used to initiate, record and manage user identities and their related access permissions in an automated fashion. This way access privileges are granted according to the defined policy and all individuals and services are properly authenticated and audited. Off late, Cloud based IAM are gaining momentum in the enterprise scenario as more and more companies look to simplify the management of electronic data. However, prior implementing cloud based IAM products, security teams must consider numerous factors.