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What is Ping Identity?

Ping Identity is a leading provider of identity management solutions, offering a suite of products designed to secure and streamline identity operations for enterprises. Their software helps organizations manage and protect customer and workforce identities, ensuring secure access to applications and data. By leveraging Ping Identity's robust features, companies can enhance security, improve user experiences, and maintain compliance with industry regulations.

How much does Ping Identity software cost?

Based on Vendr’s internal transaction data for Ping Identity, the minimum price varies based on a company's specific needs. However, the maximum price for Ping Identity software can reach up to $900,000. Our data reveals that the average cost for Ping Identity software is about $185,000 annually.

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Ping Identity Product Descriptions

PingDirectory

PingDirectory is a product by Ping Identity that offers advanced directory services for identity management and governance. It provides features such as orchestration, threat protection, identity verification, digital credentials, single sign-on, multi-factor authentication, and authorization, enabling secure and efficient identity operations.

PingFederate

PingFederate is a product from Ping Identity that focuses on the future of identity verification and management. It offers features like orchestration, threat protection, identity verification, digital credentials, and more, providing a comprehensive solution for customer identity, workforce identity, and decentralized identity.

PingID

PingID is a multi-factor authentication solution that enhances security by requiring multiple forms of verification before granting access. It integrates seamlessly with existing systems to provide an additional layer of security.

Other products include PingOne for Customers and PingOne for Workforce.

Vendr community insights for Ping Identity

Here are some recent insights from our community regarding Ping Identity:

  • "Ping notified us about 3.5 months before our renewal date that 'Ping now has a $20K minimum cost associated with providing services.' They advised that there were no exceptions to this minimum except multi-year agreements: a 2-year term had an 18.5K minimum, and a 3-year term had a $17K minimum. Our prior contract was less than $8K so this was a huge increase. After a lot of back and forth, we were able to secure a 12-month renewal at $15K. Additional escalations to our CFO and the VP level at Ping did not result in any further concessions."
  • "Coming off of a 5-year contract with Ping Identity, we only wanted to renew for 12 months. We were able to keep the annual cost for a 12-month renewal within 15% of the rate we've had over the last 5 years. Our total contract value is under 10K EUR."

How can I get a percentage off list price for Ping Identity?

We currently do not have average savings data for Ping Identity. However, by leveraging our expertise from completing over 40,000 deals across 5,000 suppliers and $4B+ in software spend with an average savings of 11%, we will ensure you always pay the best and fairest price. Vendr customers typically get a lower price than what is currently listed on Ping Identity's official website by utilizing our extensive market insights and negotiation strategies.

How does Vendr help me get the lowest price on Ping Identity?

Vendr uses insights from more than 15 completed deals and 10 customers supported so far to help users get the lowest price on Ping Identity software. We employ the following tactics to secure the lowest possible price for our customers:

  • Economies of Scale: Utilizing bulk purchasing power to reduce costs.
  • Expected Growth: Leveraging anticipated growth to negotiate better terms.
  • Multi-Year Commitments: Securing lower prices through longer-term agreements.
  • Quick Sales Process Signatures: Speeding up the sales process to gain favorable terms.
  • End-of-Quarter Signatures: Taking advantage of suppliers' end-of-quarter sales targets.
  • Case Study References: Offering to provide case studies in exchange for better pricing.

By using these strategies, Vendr can assist you in achieving similar savings. Create a free Vendr account to explore these benefits.

What's the best way for me to get the lowest price for Ping Identity on my own?

Vendr's Premium Intelligence provides deeper community insights, pricing benchmarks, contract analysis, stack savings review, and SaaS experts on demand, putting enterprise purchasing power into the hands of organizations that staff their own procurement teams. Here’s how it can help:

  • Pricing Benchmarks: Compare prices to ensure you're getting a fair deal.
  • Community Insights: Access valuable feedback and experiences from other users.
  • Stack Savings Review: Optimize your software stack to eliminate redundancies and reduce costs.
  • Contract Analysis: Get expert reviews of your contracts to identify savings opportunities.
  • SaaS Experts on Demand: Consult with experts to navigate complex purchasing decisions.

Why do Department Heads prefer purchasing Ping Identity through Vendr?

Vendr eliminates unnecessary sales calls, outdated channel partners, and long sales cycles. This results in:

  • Elimination of Unnecessary Sales Demos: Save time by skipping redundant presentations.
  • Faster Access to Software: Quickly get the tools you need without delays.
  • Accelerated Time-to-Value: Start realizing the benefits of your software sooner.
  • Adherence to Company Policy: Ensure all purchases comply with organizational guidelines.
  • Budget Ownership: Maintain control over your department's spending.

This paves the way for department heads to maximize software ROI and maintain strong relationships with their finance and procurement teams.

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