Memority’s historic founders finalize its acquisition from Accenture

“This operation has been carried out to enable Memority to change dimension by strengthening its strategic autonomy and accelerating its development. By focusing our teams and resources on the development and enhancement of the Memority Identity Factory, the company aims to generate sales of 10 million euros within 2 years, with an annual investment of 3 million euros,” explains Francis Grégoire, Deputy CEO of Memority

The aquired business includes the technical team of 30 experts, the Memority platform, intellectual property and services for existing customers. Over the next 12 monts, Memority intends to strengthen its sales, marketing and back-office activities. As a result, the company’s headcount is expected to double over the next year to around 60. Innovations already underway include risk modelling and analysis, automation and multi-cloud solutions to democratise and unify the use of identity and digital access management. On the other hand, Memority plans to accelerate its focus on analytics, machine learning and visual representation to position itself in fraud detection.

About the Memority platform 

Memority is an all-in-one platform designed to enable companies to secure and simplify access to their information systems. The company develops and promotes the Memority Identity Factory, which helps streamline user journeys and protect its customers’ services by managing the access and digital identities of their employees, partners, customers and connected objects. The French company already has a large number of major accounts and SMEs using the solution to meet their challenges in protecting and enhancing the experience of their employees, customers and partners. Some customers also manage and protect tens of millions of connected objects.