{"id":458072,"date":"2021-03-15T16:33:19","date_gmt":"2021-03-15T20:33:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458072"},"modified":"2021-03-15T16:33:19","modified_gmt":"2021-03-15T20:33:19","slug":"sailpoint-closes-acquisition-of-erp-maestro","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sailpoint-closes-acquisition-of-erp-maestro\/","title":{"rendered":"SailPoint Closes Acquisition of ERP Maestro"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>SailPoint Closes Acquisition of ERP Maestro<\/b><\/p>\n<p>AUSTIN, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sailpoint.com%2F%3Felqct%3DPR%26elqchannel%3DPressRelease&amp;esheet=52396204&amp;newsitemid=20210315005726&amp;lan=en-US&amp;anchor=SailPoint+Technologies+Holdings%2C+Inc.&amp;index=1&amp;md5=bc86bc0491cfd3c8523d728a61b76661\">SailPoint Technologies Holdings, Inc.<\/a> (NYSE: SAIL), the leader in identity security for the cloud enterprise, today announced the completion of its acquisition of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.erpmaestro.com%2F&amp;esheet=52396204&amp;newsitemid=20210315005726&amp;lan=en-US&amp;anchor=ERP+Maestro&amp;index=2&amp;md5=fac1a3f7ab949f7d6f7d3616958d5a1c\">ERP Maestro<\/a>, an early stage SaaS governance, risk and compliance (GRC) solution. With this acquisition, SailPoint unites identity security with separation of duties (SoD) access controls monitoring for an organization\u2019s most critical applications, like SAP. This integrated approach addresses the growing risk of over-permissioned, excessive or conflicting access to business-critical systems and the sensitive financial, business and operational data within.\n<\/p>\n<p>\n\u201cERP Maestro brings an experienced team with a rich heritage in ERP-focused audit and compliance, coupled with a SaaS access control solution that will help us to extend identity security to wrap in SoD monitoring and access controls for our customers\u2019 most critical systems, including SAP and others,\u201d said Grady Summers, SailPoint\u2019s EVP of Products. \u201cTapping their deep domain expertise combined with our comprehensive approach to managing and securing workforce access across all critical business systems and applications made for a natural pairing and we\u2019re excited to deliver quick value to our customers in the months ahead.\u201d\n<\/p>\n<p>\nOnce ERP Maestro is integrated into SailPoint\u2019s Identity Platform, customers will be able to provide stronger access security controls and audit for SAP and other business-critical systems. This will help organizations to minimize risk by analyzing logical access and checking for potential SoD conflicts before user access is granted. This integrated approach will give SailPoint customers a single view into the entirety of a workers\u2019 access needs across all applications and data, helping to quickly spot and stop potentially conflicting access, particularly within these high-value business systems.\n<\/p>\n<p>\n\u201cOur cloud-first approach to GRC and access controls was a paradigm shift when first introduced to the market. Now it is the expectation. We are pleased and proud to become a part of the SailPoint brand, a company that shares that same vision,\u201d said Jody Paterson, founder and chairman of ERP Maestro. \u201cThe value of having our GRC and access control suite integrated with identity security from a single vendor will make monitoring and preventing risks even more comprehensive and efficient.\u201d\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains \u201cforward-looking statements\u201d within the meaning of the federal securities laws, including regarding our strategy, integration of the acquisition, future operations, prospects, plans and objectives of management. In some cases, you can identify forward-looking statements because they contain words such as \u201cmay,\u201d \u201cwill,\u201d \u201cwill be,\u201d \u201cwill likely result,\u201d \u201cshould,\u201d \u201cexpects,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cforesees,\u201d \u201cintends,\u201d \u201ctarget,\u201d \u201cprojects,\u201d \u201ccontemplates,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cpredicts,\u201d \u201cpotential\u201d or \u201ccontinue\u201d or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. These statements are based on management\u2019s current expectations, assumptions and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. Important factors, some of which are beyond our control, that could cause actual results to differ materially from our historical results or those expressed or implied by these forward-looking statements include the following: the scope, duration and severity of the novel coronavirus disease (\u201cCOVID-19\u201d) global pandemic and its effect on the global economy and on our business; our ability to achieve and sustain profitability; our ability to sustain historical growth rates; our ability to attract and retain customers and to deepen our relationships with existing customers; an increased focus in our business from selling licenses to selling subscriptions; breaches in our security, cyber-attacks or other cyber-risks; interruptions with the delivery of our SaaS solutions or third-party cloud-based systems that we use in our operations; our ability to compete successfully against current and future competitors; the length and unpredictable nature of our sales cycle; delayed effects on our operating results from ratably recognizing some of our revenue; fluctuations in our quarterly results; our ability to maintain successful relationships with our channel partners; the increasing complexity of our operations; real or perceived errors, failures or disruptions in our platform or solutions; our ability to adapt and respond to rapidly changing technology, industry standards, regulations or customer needs, requirements or preferences; our ability to comply with our privacy policy or related legal or regulatory requirements; our ability to successfully identify, acquire and integrate companies and assets; our ability to maintain high-quality customer satisfaction; and our ability to maintain and enhance our brand or reputation as an industry leader. These and other important risk factors could cause actual results to vary from expectations and are described more fully in our reports and other documents filed with the Securities and Exchange Commission (\u201cthe SEC\u201d), including the detailed factors discussed under \u201cPart I, Item 1A. Risk Factors\u201d in our Annual Report on Form 10-K for the year ended December 31, 2020, which was filed with the SEC on February 26 2021. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this press release. We cannot assure you that the events and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results, events or circumstances could differ materially from those described in the forward-looking statements.\n<\/p>\n<p>\nAny forward-looking statement speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.\n<\/p>\n<p><b>About SailPoint<\/b><\/p>\n<p>\nSailPoint is the leader in identity security for the cloud enterprise. We\u2019re committed to protecting businesses from the inherent risk that comes with providing technology access across today\u2019s diverse and remote workforce. Our identity security solutions secure and enable thousands of companies worldwide, giving our customers unmatched visibility into the entirety of their digital workforce, and ensuring that each worker has the right access to do their job \u2013 no more, no less. With SailPoint as foundational to the security of their business, our customers can provision access with confidence, protect business assets at scale and ensure compliance with certainty.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210315005726r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210315005726\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210315005726\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>ICR for SailPoint<br \/>\n<br \/>Brian Denyeau, 512-664-8916<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investor@sailpoint.com\">investor@sailpoint.com<\/a><\/p>\n<p><b>Media Inquiries<\/b>:<br \/>\n<br \/>Jessica Sutera, 978-278-5411<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Jessica.Sutera@sailpoint.com\">Jessica.Sutera@sailpoint.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Data Management Security Technology Other Technology Mobile\/Wireless Software Networks<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210315005726\/en\/783025\/3\/SailPoint_logo_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>SailPoint Closes Acquisition of ERP Maestro AUSTIN, Texas&#8211;(BUSINESS WIRE)&#8211;SailPoint Technologies Holdings, Inc. (NYSE: SAIL), the leader in identity security for the cloud enterprise, today announced the completion of its acquisition of ERP Maestro, an early stage SaaS governance, risk and compliance (GRC) solution. With this acquisition, SailPoint unites identity security with separation of duties (SoD) access controls monitoring for an organization\u2019s most critical applications, like SAP. This integrated approach addresses the growing risk of over-permissioned, excessive or conflicting access to business-critical systems and the sensitive financial, business and operational data within. \u201cERP Maestro brings an experienced team with a rich heritage in ERP-focused audit and compliance, coupled with a SaaS access control solution that will help us to extend identity &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sailpoint-closes-acquisition-of-erp-maestro\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SailPoint Closes Acquisition of ERP Maestro&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-458072","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SailPoint Closes Acquisition of ERP Maestro - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sailpoint-closes-acquisition-of-erp-maestro\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SailPoint Closes Acquisition of ERP Maestro - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SailPoint Closes Acquisition of ERP Maestro AUSTIN, Texas&#8211;(BUSINESS WIRE)&#8211;SailPoint Technologies Holdings, Inc. (NYSE: SAIL), the leader in identity security for the cloud enterprise, today announced the completion of its acquisition of ERP Maestro, an early stage SaaS governance, risk and compliance (GRC) solution. With this acquisition, SailPoint unites identity security with separation of duties (SoD) access controls monitoring for an organization\u2019s most critical applications, like SAP. This integrated approach addresses the growing risk of over-permissioned, excessive or conflicting access to business-critical systems and the sensitive financial, business and operational data within. \u201cERP Maestro brings an experienced team with a rich heritage in ERP-focused audit and compliance, coupled with a SaaS access control solution that will help us to extend identity &hellip; Continue reading &quot;SailPoint Closes Acquisition of ERP Maestro&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sailpoint-closes-acquisition-of-erp-maestro\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-15T20:33:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210315005726r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sailpoint-closes-acquisition-of-erp-maestro\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sailpoint-closes-acquisition-of-erp-maestro\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SailPoint Closes Acquisition of ERP Maestro\",\"datePublished\":\"2021-03-15T20:33:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sailpoint-closes-acquisition-of-erp-maestro\\\/\"},\"wordCount\":1115,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sailpoint-closes-acquisition-of-erp-maestro\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210315005726r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sailpoint-closes-acquisition-of-erp-maestro\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sailpoint-closes-acquisition-of-erp-maestro\\\/\",\"name\":\"SailPoint Closes Acquisition of ERP Maestro - 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(NYSE: SAIL), the leader in identity security for the cloud enterprise, today announced the completion of its acquisition of ERP Maestro, an early stage SaaS governance, risk and compliance (GRC) solution. With this acquisition, SailPoint unites identity security with separation of duties (SoD) access controls monitoring for an organization\u2019s most critical applications, like SAP. This integrated approach addresses the growing risk of over-permissioned, excessive or conflicting access to business-critical systems and the sensitive financial, business and operational data within. \u201cERP Maestro brings an experienced team with a rich heritage in ERP-focused audit and compliance, coupled with a SaaS access control solution that will help us to extend identity &hellip; Continue reading \"SailPoint Closes Acquisition of ERP Maestro\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/sailpoint-closes-acquisition-of-erp-maestro\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-15T20:33:19+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210315005726r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sailpoint-closes-acquisition-of-erp-maestro\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sailpoint-closes-acquisition-of-erp-maestro\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SailPoint Closes Acquisition of ERP Maestro","datePublished":"2021-03-15T20:33:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sailpoint-closes-acquisition-of-erp-maestro\/"},"wordCount":1115,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sailpoint-closes-acquisition-of-erp-maestro\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210315005726r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sailpoint-closes-acquisition-of-erp-maestro\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/sailpoint-closes-acquisition-of-erp-maestro\/","name":"SailPoint Closes Acquisition of ERP Maestro - 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