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> This price point doesn't make sense outside of the niche SaaS offerings that can charge in the thousands per month.

It's not for SaaS offerings at all, it's for organizations like employers, and the purpose is to manage identity for employee devices (including BYOD) and multiple SaaS products (ideally, all of the SaaS products used by the org, though obviously not all existing SaaS offering support it yet.)

This is an upgraded version of the identity management (even for users beyond those with GCP licenses) included with GSuite, though it can be used independently of GSuite.




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