Discounted offers are only available to new members. Manually confirm the conversion from objectGUID to Base64 on-premises. Use advanced searches to identify the time, date, event time, location, or targets of any security incident. See this key pair generator (opens new window) for an example. Businesses will be able to easily integrate modern cloud infrastructures such as AWS, EC2, or Kubernetes into Okta for centralized policies and controls across the resources their workers need. May 31, 2023, 5:00 p.m. The other thing, too, is that -- the other thing, too, is that when you think about the products to potentially upsell, the Customer Identity or Workforce Identity, selling Workforce Identity to someone that has customer or a customer that has some in the Workforce is a way bigger impact than PAM and IGA at this point. Just a question for you. Okta (OKTA) Q4 2023 Earnings Call Transcript, Okta (OKTA) Q3 2023 Earnings Call Transcript, Okta (OKTA) Q2 2023 Earnings Call Transcript, Okta (OKTA) Q1 2023 Earnings Call Transcript, Okta (OKTA) Q4 2022 Earnings Call Transcript, Cumulative Growth of a $10,000 Investment in Stock Advisor, Join Over Half a 1 Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. And now, I'd like to turn the meeting over to Todd McKinnon. One thing -- quick thing there is Auth0 was in the comps last year, so that should be a like-for-like there. In short, authentication verifies a users identity, while authorization verifies what specific access to data and privileges a user has. You can connect to Microsoft Graph PowerShell and examine the current ImmutableID value. Information on factors that could affect our financial results is included in our filings with the SEC from time to time, including the section titled Risk Factors in our previously filed Form 10-K. 10 stocks we like better thanOktaWhen our analyst team hasa stock tip, it can pay to listen. And that's across the whole company, by the way, whether it's operationally improving our efficiency, our effectiveness, building better products, building products faster, better enablement, better go-to-market operations across the board. Central Authentication Service (CAS) Protocol Explained | Okta See Scopes and supported endpoints. In a heterogeneous technology world and an ever-expanding number of devices and applications, best-of-breed technology is the future. Yeah. The user is redirected to the CAS server. Client ID: a publicly exposed string provided by the service that is used to identify the OAuth application and build authorization URLs. So, I think you've got it spot on. That's going to lead to, I think, a really balanced business going forward and a go-to-market organization that can sell both products at scale. So, those are all positive trends. So, maybe how to think about the federal opportunity more broadly and where you're investing the most there. It was released, I think, into beta like six weeks ago. The CAS protocol is open-source and publicly available. For testing purposes, copy the Public Key that is provided. Has there been more replacements compared to last quarter in terms of the mix, how that's trending? Optional. Verify ImmutableID value settings. So, we'll see the effect from PAM more likely in '25 and '26. After you prepare your list of source and destination targets, install and configure Azure AD cloud sync agents. Click on the ' Use single sign on ' - ' Add App ' option. So, it's interesting. "scopeId": "okta.users.read", On the Uniquely identifying your users page, under Select how users should be identified with Azure AD, select Choose a specific attribute. It can offer users convenience, consistency, and a high level of security. And there's going to be a log-in for all these things. You will need both to authenticate, which generates an authentication More customers on OIE means greater opportunity to upsell our higher-value services and also higher retention rates based on customers converting to date. Stock Advisor list price is $199 per year. Great. And we do believe that continues to be a headwind throughout the balance of FY '24. CAS refers to a software package that also uses the CAS protocol. Thanks, guys. We talked a little bit about the macro headwinds we're seeing to an increasing degree. e.g, I have services A, B, C, all of them require an access token from Okta.</p> <p>1) Apps go through Okta authentication, gets an access token and calls A, B, or C. Given the current macro environment, customers are not expanding seats at the rate they have in recent years, and we believe this trend will persist in this environment. Before you go, I wanted to let you know that we'll be attending the Mizuho Cyber Summit virtual event on June 12th. Note: Only the Super Admin role has permissions to grant scopes to an app. Sign in to your Okta organization as a user with administrative privileges. Add user sign-up to your apps and manage customer identities at scale via APIs or from Okta's user-friendly admin console. So, when we look at PAM right now, we see kind of the pricing of it, and we model it out. And I think the other thing I want to make sure everybody remembers is current RPO does have some residual effect from those FY '23 execution challenges. We always have some deals that slip out of an end of the quarter, but we had more than normal slip out this quarter. In the left panel, select Identifying users. Let's go to Sterling Auty at MoffettNathanson. When Azure AD Connect takes over the account, the mail attribute is deleted from the object. Sometimes it's going to be users. Security Center is a dashboard delivering real-time insights into potential attacks, allowing for security teams to respond quickly. If a user is mismatched, make updates to bind the ImmutableID values. It's been a mix between the two. I'm not familiar with that announcement, so I can't comment on that specifically. So, I think -- I don't know the specifics, but it's just a pretty different world, and I think that's why we're pretty unique to have such scaled businesses in both. On May 4, 2023, SAP released the SAP Secure Login Service for SAP GUI. Okta | GitLab Our developer community is here for you. Yeah. I wonder if you reevaluate that premium product strategy. So, the -- I guess the good news and the bad news is that -- the good news is that it's changing. One of the bright spots in that was the cross-selling of CIC into other types of customers. token that is sent with each request you make. Impacting total RPO growth is the general shortening of term lengths of recently signed contracts. And yes, we have a big goal and target on federal this year. And it's just a pretty different motion than Customer Identity and having a great developer experience and having the integrations that you have to have on the customer identity side. So, we've done some work on this. These impacts were felt in varying degrees on a global basis. Ask us on the Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. So, yeah. And I think that's created a lot of momentum for us as we're going to move through this year. So, that's really how we're thinking about it going forward. In order to authenticate as your service user to the Advanced Server Access API, you will need to create an API key. So, it's -- I think it's a lot of things to be positive about, solid execution, improving execution. Okta's cloud-based authentication gives users high-assurance with simple-to-use factors like biometrics and push notifications. 1 answer 1 accepted 1 vote Answer accepted Dam Community Leader Jun 22, 2022 Hi Balvant, Apparently the configuration to bypass SAML authentication is different in Confluence, here is the full documentation: https://confluence.atlassian.com/confkb/enable-default-login-page-to-bypass-saml-in-confluence-data-center-957972845.html Sign in to the Okta Admin Console, go to Security > API > Authorization Servers. Yeah. So, I guess it's a tale of two things. As we navigate the increasing pressures of the macro environment, we remain confident that we have set the path of profitable growth for years to come. Okta's IWA service is built off of the same platform, and uses Kerberos and NTLM authentication methods to complete the flow. On the domain.onmicrosoft.com connector, view the Export. Use the following redirect URIs to connect to Okta Workflows preview and production orgs, respectively: https://oauth.workflows.oktapreview.com/oauth/httpfunctions/cb and https://oauth.workflows.okta.com/oauth/httpfunctions/cb. In the authentication window, enter Global Administrator credentials. It's interesting that the -- if you look at the -- like the analytics we look at over the whole of the business, that's where you get that average deal size ticking down. I wanted to ask Brett for a second. Hey, Rob, nice to see you. So, it definitely kind of played out like we thought it was. https://platform.cloud.coveo.com/rest/search, https://support.okta.com/help/s/global-search/%40uri, https://support.okta.com/help/services/apexrest/PublicSearchToken?site=help, Introduction to the Advanced Server Access API, Enabling trusted services to be granted access to your infrastructure, Building other custom integrations with the, Enter a username for the service user. See this key pair generator (opens new window) for an example. We continue to take a conservative approach to our business outlook. The best password is no password. Depending on the configuration and security settings, select the Allow pass-through authentication for all ICA option for pass-through authentication to work. And we do make sure we look at things with an open mind, that we're executing the best strategy, but we think our strategy and approach, based on all the data and based on what we're seeing, not just quantitatively, too, but just qualitatively with the customer success we're seeing and the traction in our Customer Identity Cloud and the appeal of this, not just the best core access management product but also this -- the IGA product, which is really off to a super strong start, and Privileged Access is coming out and innovations with FastPass, we think we have a winning strategy, and we'll keep executing it. Each access token enables the bearer to perform specific actions on specific Okta endpoints, with that ability controlled by which scopes the access token contains. We're seeing really healthy gross renewals in the same range we've seen for several quarters, indicating that base of customer strength. A message states that the client authentication method changes to Public key/Private key. Create the service app integration in Okta. If you are working with an Okta SDK that requires that the key be in PEM format, after you have generated the key pair, copy the public/private key pair into a JWK to PEM Convertor tool (opens new window) and copy the private key to use when signing the JWT. For example, https://example.com/oauth2/v1/authorize. Okta Identity Governance, or OIG, continues to show strong traction. It means that there's going to be tons of new industries created and industries changed. Similar to years past, Q2 is expected to be the seasonal low for cash flow, and we are applying a static 26% non-GAAP effective tax rate for the fiscal year. Thanks. Thanks for taking my question. The API key is a pair of strings known as the ID and secret. So, that was a big milestone behind us. Brett, in the same sentence, you kind of said increased macro headwinds, but then you also reverted to similar to Q4. They have a plan for ROI. This quarter, the company expanded with Okta Workforce Identity Cloud, including Okta Identity Governance, to bolster its security posture and improve the user experience for its approximately 13,000 employees. Another interesting thing is that the more -- the large deals over $1 million and customers crossing that $1 million ACV threshold is up over 40%, so that's super positive. I think AI is a big deal. We're now in beta testing with Okta Privileged Access. *Stock Advisor returns as of May 30, 2023. Current RPO, which represents subscription backlog we expect to recognize as revenue over the next 12 months, grew 20% to $1.70 billion. In the first phase of a new go-to-market alliance announced last month, Google's Workspace's global and public sector sellers will now co-sell Okta's Workforce Identity Cloud alongside Google Workspace. I guess the bad news is that, I think in cases the -- maybe people being more conservative with technology investments and some questions about the macro economy can slow down some of that big change that would lead them up to a place where they want to -- they've chosen so much modern SaaS applications or so much cloud infrastructure or so much security stack outside of their own firewall, that now they're going to choose a cloud-based identity provider. I think just the Customer Identity and Workforce Identity, if our existing 18,000 customers had both fully -- all the products in both clouds, would power success for many, many quarters. CAS can be integrated into virtually any web application and supports a multitude of programming languages, including Java, Python, PHP, and PL/SQL. The CAS protocol merely authenticates users access to web applications and does not serve to authorize users. J C Citrix Cloud supports using Okta as an identity provider to authenticate subscribers signing in to their workspaces. Step 1: Log in to the Okta admin portal and create the SAML 2.0 application Log in to the Okta admin portal by going to https://login.okta.com/ and provide your credentials. If your ImmutableID values in the cloud don't match objectGUID values, you've modified the defaults for Okta sync. And the -- so, I thought it would be more greenfield. We continue to see growth with large customers for both Workforce and Customer Identity, and we are proud to work with some of the most important organizations in the world, such as OpenAI, the U.S. Air Force Recruiting Service, and AIA. In the authentication window, enter Global Administrator credentials. ET. *Average returns of all recommendations since inception. For Python, which includes Flask and Django, the python-cas library is optimal. So, that means that there's going to be tons of new applications built with AI. Create an OAuth 2.0 service app integration using the Admin Console. You think it's the right size at this time? Currently, this API token takes the form of an SSWS token that you generate in the Admin Console. Well, the seat expansions are really our customers' employees, right? Return to the provisioning menu and select. 2023 Okta, Inc. All Rights Reserved. Our projections continue to factor in the increased pressure from the macroeconomic environment. This is a form of authorization. So, where is that conservatism coming from? Fred Havemeyer -- Macquarie Group -- Analyst, Yes. Hey. Indeed, the world's most visited job site started as a self-service customer and has since leveraged Okta Customer Identity Cloud to power authentication for its corporate customers. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. I mean, annual revenue is inching up a point here, 17%, 18% but cRPO going the other way. It's great to see OIG off to a fantastic start. It's interesting, the way it's manifesting itself in the numbers is a little bit average deal size is a little bit lower. To connect with a product expert today, use our chat box, email us, or call +1-800-425-1267. So, the first question goes to Rob Owens at Piper. Easily add a second factor and enforce strong passwords to protect your users against account takeovers. This is Param Singh on for Ittai Kidron. All right. Today's meeting will include forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding our financial outlook and market positioning. Enter a nickname for your connection. Note: When you switch the client authentication method to Public key/Private key, any existing client secrets are deleted. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. And on the customer identity side, it's just kind of build it yourself. All rights reserved. Great. And some of the selling issues and how that's reflected in cRPO growth this year. We made a number of significant product advancements for our Workforce Identity Cloud in Q1. Right. Todd McKinnon -- Co-Founder and Chief Executive Officer. So, can you provide some more color there? This self-service option will help accelerate the pace of upgrades, paving the way for even more customers to reap the benefits and power of OIE. The following example is the default of converting the objectGUID . Select Public key/Private key as the Client authentication method. To wrap things up, we delivered significantly improved profitability and record cash flow in the face of increasing macro-related pressure. Yeah. IWA Troubleshooting Guide - Okta In practice - Okta is an Identity and Single Sign On solution for applications and Cloud entities. The scope is granted if the scope exists in the service app's grants collection. Theyjust revealed what they believe are thetenbest stocksfor investors to buy right now and Oktawasn't one of them! We recommend generating the public/private key pair first before creating the OAuth service app. After configuration, open the Synchronization Service as an administrator. From finding, developing, and influencing to delivering, managing, and transacting, the more of these motions a partner offers, the more value they provide to Okta and our mutual customers. Join a DevLab in your city and become a Customer Identity pro! How you sign in with a service principal depends on whether it's configured for password-based or certificate-based authentication. The signed JWT appears. The API key is a pair of strings known as the ID and secret. Thanks. Good afternoon. Innovate without compromise with Customer Identity Cloud. We think that the -- that being the case, we think the right strategy is continue to build the best products for identity use cases broadly and package them and sell them as we sell them and make sure that we keep delivering that leadership position to the market. So, that's another positive trend on our business, I think. You have like 15%, 20%, 50%? You need this in the Get an access token section. Get rid of passwords in the customer authentication experience using email credential links, factor sequencing, or WebAuthn. So, that's just in the data holistically. So, just wondering, and I think you touched upon it in terms of essentially the majority of the business still being greenfield, but the replacements are also in terms of your ability to win and RFPs exceeding your expectations. Yeah. OAuth: OAuth 2.0 is a protocol that allows you to grant limited access to resources on a third-party site without having to expose your credentials. The number of fully ramped salespeople is close to a more normalized level as average tenure increases, and we're seeing positive trends in the number of sales reps closing Customer Identity Cloud deals. Thanks. It's more of what every company is doing. It can also be easier to maintain over time, as there is a centralized server to deal with in one system instead of managing authentication processes within each individual web application. I'm Dave Gennarelli, senior vice president of investor relations at Okta. Yeah. This article is a transcript of this conference call produced for The Motley Fool. We don't. Consistent with prior quarters, gross retention rates remained very healthy in the mid-90% range. Okta zuul service to service authentication - Questions - Okta Next question goes to Josh Tilton at Wolfe Research. Building on this, we recently rolled out self-service OIE upgrades so customers can automate their upgrade. You've likely chosen another attribute to determine ImmutableID values. Indeed, the world's most visited job site started as a self-service customer and has since leveraged Okta Customer Identity Cloud to power authentication for its corporate customers. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Yeah, absolutely. But the larger question is, is that 14% to 15%, is that the bottom? Make note of the Client ID. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. To help foster best of breed, Okta continues to expand our technology partnerships so that our customers can deploy the most innovative solutions while enhancing security, all while retaining freedom of choice. But listen, we're not -- I mean, we want to win, and we're rigorous in our analysis. And then on the Customer side, too, I mean, I know you said that there's no -- you guys aren't seeing an impact -- a difference from macro impact on that. In this example, we only request access for one scope. And so if the macro just stays the same or maybe gets a little bit worse, if we think over the next two to four quarters, how might these products really be able to help the mix or the upsell, if you will? March 7, 2019 Last Updated: April 20, 2021 10 MIN READ Building a microservices architecture is possible with minimal code if you use Spring Boot, Spring Cloud, and Spring Cloud Config. Turning to retention. But wondering if you could talk about what you're seeing through the first month of May or the first month of 2Q that's really changed. The program will recognize and reward partners for the full spectrum of value they can deliver to our customers at Okta. Custom: This option allows you to create a custom header name and value. The macro is a little bit of a different story. Thanks, Josh. In today's meeting, we will quote a number of numeric growth changes as we discuss our financial performance. Sometimes it's going to be machines. Add new objects Okta isn't syncing, which are in the organizational unit (OU) structure selected during Azure AD Connect installation. And in a lot of ways, we have the luxury of making sure we look everywhere and find a truly amazing candidate. 15 31 3,723. Advanced Server Access API, you will need to create an And I know it's early with the product, but do you see any delay or hesitancy in customers purchasing attention around IGA, just waiting for the full release of PAM to put those two solutions together? And thank you so much for squeezing me in. If you have multiple Office 365 apps that handle provisioning to Azure AD, ensure they switched off. Making the world smarter, happier, and richer. Yeah. The private_key_jwt client authentication method is the only supported method for OAuth service apps that want to get access tokens with Okta scopes. Please enable it to improve your browsing experience. But the numbers are still small. By hosting the keys in a URL, you can conveniently rotate the keys without having to update the app configuration every time. Okta is the best positioned company to deliver this to the market and expand on our leadership position, all while delivering profitable growth over the long term. I would say it's a mix of both of what you just said because when you look at the Workforce Identity Cloud, you heard me talk about seat expansions. I think that the fact that Privileged has integration to IGA will accelerate Privileged because that's something that hasn't happened before. That's a positive thing. scope: Include the scopes that allow you to perform the actions on the endpoint that you want to access. Before you continue, ensure user attributes are syncing and appear on the Pending Export tab. Learn How to Secure Service-to-Service Microservices - DZone I think people are just being more thoughtful about the uncertainty out there in the macro. Identity is a key building block for zero trust security, digital transformation, and cloud adoption projects, trends that will continue in any macroeconomic environment as organizations look for ways to become more efficient while strengthening their security posture. No matter what industry, use case, or level of support you need, weve got you covered. And they have more at-bats to do more deals, and they're getting more and more productive, which is a positive signal. Enter access_token as the name, and add a description, then click Create. The CAS protocol is a single sign-on open-source service that allows users to sign in to one trusted server one time in a session and still be able to access multiple applications without signing in over and over again. It's adjacent to the president, a very important role, but we're going to find a great person for that president role, and I think we're on track to do that. Our developer community is here for you. Yeah. The -- I think the opportunity is huge. Advanced phishing resistance is now generally available with Okta FastPass. I mean can you say this was the bottom? So, when we look at the data holistically and be rigorous at it and really something we do culturally, which is check our assumptions and make sure we're seeing the world as it is, we just don't see it. Okta, which handles their authentication, each service user is I mean you saw the U.S. Air Force Recruiting Service sign-on for us as a customer. Click Copy to clipboard to copy the private key and store it somewhere safe. Matt Hedberg -- RBC Capital Markets -- Analyst. I would just also add to that -- that I would say that we remain committed to this profitable growth concept, right? And I mentioned a couple of times that just kind of qualitatively, as I have conversations with customers and I do my -- I talk to a lot of customers, and I'm in a lot of both being the executive sponsor for big accounts for Okta but also working with deals and new customers. The sequential decrease primarily reflects the restructuring action taken at the beginning of Q1. You guys recently talked about Okta for U.S. military. This is the first time attempting to access a CASified application (web application using the CAS service). The main difference In contrast, biometric authentication (Face ID, Touch ID) was favoured by the largest group (42%) of APAC respondents for its convenience and security. But obviously, we're being thoughtful with how we're thinking about the balance of the year given what we've seen in the macro and how it's developed over the last few quarters. We're also seeing smaller average deal sizes as a result. Authentication Create secure, seamless customer experiences with user authentication-as-a-service Try for free 50M daily authentications on the Okta Identity Cloud 10+ SDKs in the languages you work in 99.99% uptime for every customer Find your ROI with Okta See customer case studies But it looks like you have yourself kind of reaccelerating a bit into the next quarter and actually even more in the second half of this year. Download and install Azure AD Connect on a server. Don't install them on the same server. Okta Identity Engine began shipping with every new Workforce customer in early 2022. We now expect revenue of $2.175 billion to $2.185 billion, representing growth of 17% to 18%. AD Connect creates a new object and records new and unexpected adds. Run this command in Microsoft Graph PowerShell on an on-premises domain controller: Run this command in a Microsoft Graph PowerShell session to list the synchronized values: After both exports, confirm user ImmutableID values match. By default, it then stamps that string to the ImmutableID field in Azure AD. Click on the Scopes tab, then the Add Scope button. The one -- it is something importantly we watch. This expanded partnership will enable both Okta and Google to reach new customers through a best-of-breed approach to security and productivity. Eugenio has a uniquely deep knowledge of the identity market and is an incredible partner. Service users | Okta Learn More, Okta(OKTA -1.22%)Q12024 Earnings CallMay 31, 2023, 5:00 p.m. And when you look at the people we're talking to, it's not -- there's not a lot of people in the world that have experience taking a company from 2 billion in ARR to 10 billion-plus, which is where we want to go over the next several years. So, in terms of the compares, I mean, what you heard me say a second ago, there is some residual impact from the execution challenges we had in FY '23 in the current RPO guidance. Here's everything you need to succeed with Okta. It does, in fact, assume that the macro does get worse, both on the current RPO side and on the revenue side. And we are raising our free cash flow margin outlook for FY '24 to approximately 12% from approximately 10% previously. Sign in with Azure PowerShell | Microsoft Learn A reconciliation between GAAP and non-GAAP financial measures and a discussion of the limitations of using non-GAAP measures versus their closest GAAP equivalents is available in our earnings release. Empower agile workforces and high-performing IT teams with Workforce Identity Cloud.
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