AI identity governance in PAM: what Delinea's growth signals

TL;DR: Annual recurring revenue has surpassed $400 million, with SaaS now representing the majority of its ARR, while it expands AI-focused identity features such as shadow AI discovery, entitlement management, and real-time authorization across hybrid environments, according to Delinea. The deeper story is that PAM and identity security are moving toward broader governance of human, machine, and AI access, not just privileged session control.

NHIMG editorial — based on content published by Delinea: Delinea surpasses $400M in ARR and expands global momentum with strong first-half 2025 performance

By the numbers:

• The company’s annual recurring revenue has now surpassed $400 million.
• Delinea is the only identity security provider to commit to a 99.995% uptime.

Questions worth separating out

Q: How should security teams govern AI-enabled access that uses existing credentials?

A: Treat AI-enabled access as part of the privileged identity surface, not as a separate automation layer.

Q: Why do shadow AI tools create identity risk for IAM programmes?

A: Shadow AI creates identity risk because hidden tools often inherit access through secrets, service accounts, or delegated APIs without review.

Q: What breaks when privilege decisions stay static in hybrid environments?

A: Static privilege decisions fail when the environment changes faster than the approval record.

Practitioner guidance

• Inventory AI tools alongside privileged identities Build a single inventory that includes human admins, service accounts, API keys, and AI tools with delegated access.
• Bind access approvals to session context Use current risk signals, identity type, and target system sensitivity when making access decisions.
• Review entitlement paths used by AI-enabled workflows Trace which APIs, SaaS tools, and administration consoles AI-assisted processes can reach, then remove unnecessary standing access.

What's in the full analysis

Delinea's full update covers the operational detail this post intentionally leaves for the source:

• Exact first-half revenue and ARR performance by region, including the commercial breakdown behind the $400 million milestone
• Product-level descriptions of Delinea Iris AI, Vault AI, Secure AI, Discover AI, and the authorization and auditing capabilities
• Leadership changes, workplace recognition, and the commercial context behind the company's 2025 execution narrative

👉 Read Delinea's update on first-half 2025 growth and AI identity capabilities →

AI identity governance in PAM: what Delinea's growth signals?

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