Get answers to your identity app development questions directly from our expert community. The actions we've taken over the past few quarters to increase efficiency and improve profitability enabled us to deliver strong non-GAAP operating profit and record cash flow. If you've worked with Azure Active Directory, a workforce tenant is the type of tenant you're already familiar with. Yeah. So, can you provide some more color there? Grab your laptop, your favorite caffeinated beverage, and join one of our in-person workshops. It now protects users against phishing with advanced phishing resistance for the enterprise, covering every user on any device and major operating system. So, it's interesting. Look, I couldn't give you the exact percentage. Learn More, Okta(OKTA -1.15%)Q12024 Earnings CallMay 31, 2023, 5:00 p.m. At our investor day last November, I indicated that our historic norms for net dilution was in the 2% to 3% range and that we expected that range to be elevated in the near term primarily related to the change in our stock price. The macro is a little bit of a different story. Todd, you've mentioned CIAM being a key focus area this year. The other thing we talked about is why we thought it was going to drop throughout FY '24 was around FY '23 Customer adds. Customers like they can spend their enterprise credits that they've purchased. So, I think it's -- you're seeing solid execution, a lot of macro uncertainty, but long term, identity is going to be an important thing, and we're going to be there to serve the market. Next up, Adam Tindle at Ray J. Shrenik Kothari -- Robert W. Baird and Company -- Analyst. Upon completion, sign in with the new service account credentials. So, we'll get a lot of good signal out of this next wave as well. So, obviously, when we think about the guidance, both of them have got that incorporated. 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. Okta Authentication Hub - Okta Identity Engine Registering your app establishes a trust relationship and allows you to integrate your app with Microsoft Entra. HELP CENTER Knowledgebase, roadmaps, and more. To wrap things up, we delivered significantly improved profitability and record cash flow in the face of increasing macro-related pressure. And the whole focus of their identity program really is to be identity for email and then by extension, be identity for security. It seems from what we can see in the data and everything that we're looking at, it really does feel much more broad-based at this point than it was maybe in the past or -- so now, where we said in the previous couple of quarters ago we said it's a little bit more small and medium-sized business, we're seeing it both enterprise and small and medium-sized business. Covers every part of the Identity lifecycle, from governance, to access, to privileged controls. . The one thing I will say in terms of qualitative as well -- or quantitative as well is that the macro impacts we're talking about, whether we say smaller than average or decrease in the average deal size or it's the tilt toward upsells versus new business, these are across both use cases. We highlight some of the best certifications for DevOps engineers. They can see what 18,000-plus other customers have done and then apply that quickly to their own configuration, decreasing the errors, increasing the speed to value. It's pretty early. A partner that provides reliability and always-on support so you can focus on your business. Upgrade to Microsoft Edge to take advantage of the latest features, security updates, and technical support. And yes, we have a big goal and target on federal this year. Or did it stay the same? We actually see it -- we're seeing it be deployed alongside of some of the other solutions in the market, which is -- was a little bit unexpected, a positive thing. Has there been more replacements compared to last quarter in terms of the mix, how that's trending? Copyright 2023 Okta. Consumer Apps Get a better understanding of your customers, without added friction or security risk. Sharing the training event with others in any way is expressly prohibited. Integrate multiple app languages and platforms. I feel like the customer base is super solid. Easily customize and extend your sign-up flows. Application registrations: Microsoft Entra performs identity and access management only for registered applications. And in a lot of ways, we have the luxury of making sure we look everywhere and find a truly amazing candidate. Configure an IdP in Access Gateway. There are a lot of moving pieces that go into these scalable containers. We're also innovating on Okta's Customer Identity Cloud, which processes billions of log-ins per month from around the world and provides a unique vantage point to both network traffic and application-level security event data. 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. So, that is kind of a high level how we're looking at the business and color some of our outlook. Azure AD for customers represents the convergence of business-to-consumer (B2C) features into the Azure AD platform. I'm pleased to report that due to changes that we implemented, including changes in our granting practices and slowed hiring, net dilution for FY '23 finished better than expected at less than 3.5%. To help drive these initiatives, I've asked Eugenio Pace, co-founder of Auth0, to take on the newly created role of president of business operations. Reduce implementation time, and keep iterating with extensibility capabilities. The top three measures Americans take to protect their own data are: Only 30% of those surveyed use a password manager to protect their own data. Calculated by Time-Weighted Return since 2002. And now, I'd like to turn the meeting over to Todd McKinnon. But given that Customer is a little bit more of a transformational project, if we think forward as to how the year is going to go, are you forecasting any slowdown on the customer side because of that? November 09, 2022 Table of Contents Consumer Identity Without Compromise What's New for Consumer Apps? Best for production applications that need . That's been pretty consistent in terms of us seeing that, right? Ready to see for yourself? OK. Got it. And then, the other one we're excited about is if you zoom out and you think this is a huge platform shift, it's the next generation of technology. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Our developer community is here for you. While every organizations specific security needs form a unique and complex blend of interconnected requirements, numerous security fundamentals almost always apply to each of these groups. Hey, Rob, nice to see you. Empower agile workforces and high-performing IT teams with Workforce Identity Cloud. 137.82K Follower s. Follow. Customer identity stands at the intersection of these forces: security, privacy, and user experience. So, I think, how do you unlock that? All rights reserved. See how Progressive Profiling allows for faster sign-ups and insightful data collection, and builds trust with customers over time. And when I talk to CIOs of some of the biggest customers in the world, they say, Hey, identity is going to help me be more secure. Okta Customer Identity for Developers | Okta Create highly customized sign-in experiences and manage customer accounts at a large scale. Dave? Security Center is a dashboard delivering real-time insights into potential attacks, allowing for security teams to respond quickly. Param Singh -- Oppenheimer and Company -- Analyst. But some new trends that are coming around are what you heard me talk about around less seat expansions. Because these CIAM capabilities are built into Azure AD, you also benefit from platform features like enhanced security, compliance, and scalability. Sometimes it's going to be users. Absolutely, just let us know. A breach to any one of these services may equip a threat actor with a huge volume of user credentials and associated personal data.. That is the basic requirement from consumers and something that shouldnt be compromised, said Ramji. The complete Instructor-led training schedule is published on the Hands-On Training page. We now expect revenue of $2.175 billion to $2.185 billion, representing growth of 17% to 18%. They can spend it on Okta through the marketplace. If you fail to show up for a class you registered for, you forfeit your registration fee. With that, I'll turn it back over to Dave for Q&A. It's about how do we make Okta operationally excellent across all dimensions, including very importantly, the strategy and operations of the growth of go-to-market, which is an important component of that, including the automation projects and the technology, IT projects that have to come together to make that happen. Our platform is extensible, easy-to-use, neutral, and works with your existing solutions, so you're free to choose the best technology for now and the future. In theOkta Help Centeryoull find Documentation and Training Videos, like theNew Feature Release Video Serieswhich will keep you in the know on whats new in the product on a monthly basis. So, that was what I was saying earlier, which is seat expansion definitely was a headwind to growth and also a headwind to net retention in Q1. .css-ffg1b1{letter-spacing:0!important;}Join a DevLab in your city! That's the big new product suite. Another surprising thing is we thought it would be more, hey, greenfield, you don't have any IGA solution. And I guess what can you guys -- on the one hand, you talked about improvement in metrics with the sales force productivity and selling CIC, etc. Thanks for the question. Okta Identity Governance, or OIG, continues to show strong traction. So, we definitely are excited about the opportunity in the long run. And we now believe that dilution for FY '24 will be back within our historical range. To wrap things up, we've taken action to drive efficiencies in our cost structure while investing to fuel our future growth. OK. And just to finish off though, is there anything you want to say about the cRPO growth? Is it still assuming you're going to see similar impacts on both product lines? Check your course schedule for beginning and end times. The worlds most trusted brands choose Okta. Some of our sizable opportunities over the last couple of quarters and over the next few quarters are actually with states, states doing big transformation projects. Gartner names Okta a leader in Access Management. I mean, I think from a current RPO guide perspective, obviously, we've been thoughtful about the macro, I mean, we talked about it over the last few minutes and how it's really been affecting us a little bit more every quarter. Pricing by product Enterprise Contact Sales. I don't -- we have seen a couple of replacements, but I think full rip-outs of an IGA solution are going to be relatively rare. You're going to need to log on to these experiences. So if an awesome registration and login experience is currently delighting your customers, youre likely doing identity right.