SAN FRANCISCO — December 5, 2018 — Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced that Albertsons Companies successfully implemented the Okta Identity Cloud to support its digital transformation. Okta also announced new or expanded deployments in Q3 FY2019 with the Transportation Security Administration (TSA), Sonoco and LendingClub. Today, Okta also announced financial results for its third fiscal quarter.
“Every company is becoming a technology company, no matter what service or product they provide. We believe that the only way for companies to remain competitive is through the adoption of best-in-class technologies that enable them to provide the best and most secure customer experience,” said Todd McKinnon, CEO and co-founder, Okta. “That’s why long-established brands like Albertsons are leveraging the Okta Identity Cloud to securely connect their customers to those technologies in a consistent and reliable way. We’re excited to see the growing trend of companies choosing to prioritize both experience and security for their customers, and increasingly, they are choosing Okta to help them accomplish just that.”
Albertsons, one of the largest U.S. grocery retailers, successfully deployed Okta Customer Identity products to support consumer programs, its eCommerce strategy and to better serve the more than 30 million customers it interacts with each week. The Okta Identity Cloud will serve as the first step of online interaction between Albertsons and its customers, powering user registration and authentication for Albertsons’ website and mobile application. Okta’s Customer Identity products Single Sign-On, Universal Directory and API Access Management will provide one central identity platform that enhances the customer experience, delights customers and builds loyalty.
“From our founding in 1939, Albertsons has been committed to working hard for our customers: providing the products they want, at a fair price, with great customer service. That’s why we deployed Okta’s Customer Identity products to support our loyalty, rewards and eCommerce strategy — with the ultimate aim of better serving the more than 30 million customers we interact with every week,” said Ramiya Iyer, GVP of IT, Digital and Marketing, Albertsons. “As one of the U.S.’s largest grocery retailers, we needed a solution that could scale with us, and we’re confident that we found that in the Okta Identity Cloud, which now serves as an important part of our customers’ digital experience with Albertsons.”
In Q3, Okta grew its total customers to more than 5,600 organizations. Okta’s customer wins come amidst continued momentum for the company, including the company’s record third fiscal 2019 quarterly revenue growth, the acquisition of ScaleFT and the deepened partnership with VMware. At Oktane18, Okta announced several product innovations, including ThreatInsight, which will leverage a new set of contextual access management features to enable organizations to replace the use of passwords with stronger authentication for employees, partners and customers. Okta also announced a strategic partnership with Workplace by Facebook.
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