CISO Tribune

Vendor comparison · 2 companies

HashiCorp vs SailPoint

HashiCorp sells The Infrastructure Cloud, an integrated platform that turns Infrastructure Lifecycle Management and Security Lifecycle Management into code. SailPoint sells identity security software that discovers, governs and secures every human and non-human identity from a single platform. CISO Tribune files both under Non-human identity security. This page sets the two records side by side: what each sells, where it is based, who owns and funds it, the customers it names and its recent news, each fact numbered to its source.

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  • HashiCorp
  • SailPoint
HashiCorp vs SailPoint: Products, Customers and Funding Compared
HashiCorpHashiCorp sells The Infrastructure Cloud, an integrated platform that turns Infrastructure Lifecycle Management and Security Lifecycle Management into code.hashicorp.comSailPointSailPoint sells identity security software that discovers, governs and secures every human and non-human identity from a single platform.sailpoint.com
What it sells
  • Vault[1][4][7][8][9]Vault is used for secrets management operations.
  • Boundary[1][7][8]Boundary brokers credentials to targets through external credential sources such as HashiCorp Vault.
  • HCP Terraform[4][6][10][11]HCP Terraform provisions cloud resources through automation.
  • Terraform Enterprise[10]Terraform Enterprise is an infrastructure as code tool.
  • Infragraph[4]Infragraph gives a view of a hybrid estate through a knowledge graph.
  • Packer[8]Packer workflows are used for image compliance in Azure.
  • HashiCorp Cloud PlatformHCP is a unified suite of SaaS products for infrastructure and security lifecycle management.
  • SailPoint Identity Security[15][16][23]Continuous, cloud-native identity security solution for modern enterprises.
  • SailPoint Human Fabric[10]Shifts workforce governance from scheduled audits to continuous, always-on protection.
  • SailPoint Agentic Fabric[12][15][17]Discovers, governs, and secures non-human identities such as service accounts, machines, and AI agents.
  • IdentityIQ[10][15][22]Customizable governance for complex, hybrid, and heavily regulated environments.
  • Data Access Security[19]Extends identity security and access controls to data.
  • SecOps Identity Intelligence[20]Delivers governance-grade identity context into security workflows.
Categories
Headquarters
Not stated on its pagesAustin, United States[3]
Founded
2012[2]2005[4]
Ownership and funding
Owned by IBM since 2025[3][6][11][12][15][16]Public (NASDAQ: SAIL)[2][11][13][28]
Named customers
Not stated on its pages
Recent news
  • October 27, 2026HashiCorp introduced the Terraform Developer Portal in public preview, according to a post listed on its Terraform blog.[15]
  • October 6, 2026At its Navigate 2026 conference, SailPoint released IdentityIQ 9.0 for on-premises customers and added enterprise-scale features to SailPoint Human Fabric.[10]
  • August 4, 2026SailPoint unveiled its Identity Security solution, combining Agentic Fabric, now generally available, with Human Fabric, the evolution of Identity Security Cloud.[25]
  • June 29, 2026SailPoint completed its acquisition of Entro Security, a Tel Aviv company focused on non-human identity and credentials security.[11]
  • June 15, 2026SailPoint announced its intent to acquire Tel Aviv-based Entro, a company focused on non-human identity and credentials security.[26]
  • May 11, 2026SailPoint launched SailPoint Agentic Fabric, a product for securing AI agents and other non-human identities at enterprise scale.[12]
G2 and Gartner Peer Insights
  • G2: listed, seen November 10, 2026[16]
  • Gartner Peer Insights: Not stated on its pages
  • G2: Not stated on its pages
  • Gartner Peer Insights: listed, seen November 4, 2026[28]
Who it fits
Organizations can implement The Infrastructure Cloud through the HashiCorp Cloud Platform, self-managed solutions, or a combination, across a hybrid environment. Customers named on its pages include a company that partners with medical organizations and an Italian telecommunications company. HCP Terraform is described with minimum privileges for developers, cloud engineers, and operations managers.From its own pages, SailPoint sells mainly to enterprises. It names modern enterprises as the setting for SailPoint Identity Security, and complex, hybrid, and heavily regulated environments as the setting for IdentityIQ. Its pages say customers include Fortune 500 and Forbes Global 2000 companies. IdentityIQ covers access for employees, partners, contractors, and non-human identities such as bots. SailPoint-Entro is aimed at IAM and AppSec teams, and its pages speak to financial data and sensitive patient data.
Last verified
October 21, 2026September 27, 2026

Where they overlap

  • HashiCorp and SailPoint are both filed under Non-human identity security.

Where they differ, field by field

  • HashiCorp's primary category is Privileged access management; SailPoint's is Identity governance and administration.
  • HashiCorp is also filed under Secrets detection.
  • HashiCorp lists Vault, Boundary, HCP Terraform, Terraform Enterprise, Infragraph and 2 more. SailPoint lists SailPoint Identity Security, SailPoint Human Fabric, SailPoint Agentic Fabric, IdentityIQ, Data Access Security and 1 more.
  • SailPoint is headquartered in Austin, United States.
  • HashiCorp was founded in 2012. SailPoint was founded in 2005.
  • HashiCorp is owned by IBM, since 2025. SailPoint is a public company listed on NASDAQ as SAIL.
  • SailPoint publicly names Best Buy, PACCAR, The AES Corporation, Salling Group and Temple Health.

What it sells: HashiCorp

What Boundary does[1][7][8]
Boundary integrates with external credential sources such as HashiCorp Vault to broker credentials to targets. HashiCorp describes using Boundary to automatically discover target hosts and services for access to on-demand infrastructure.
What HCP Terraform does[4][6][10][11]
HCP Terraform enables automated provisioning of cloud resources. Vodafone Italy uses HCP Terraform to create databases, set up its repository and team structure on GitHub, and create CI/CD pipelines.
What Terraform Enterprise does[10]
Terraform Enterprise helped AGL create configuration files to define infrastructure. AGL chose Terraform Enterprise over the community edition because of its enterprise-specific features.
What Infragraph does[4]
Infragraph delivers a single pane of glass view of a hybrid estate through a centralized, event-driven knowledge graph. HCP Terraform Standard and Premium customers now have access to Infragraph.
What HashiCorp Cloud Platform does
The HashiCorp Cloud Platform (HCP) is a unified suite of SaaS products that automate the lifecycle management of the infrastructure and security supporting critical applications. Organizations can implement The Infrastructure Cloud through HCP, self-managed solutions, or a combination of the two.

What it sells: SailPoint

What SailPoint Identity Security does[15][16][23]
SailPoint Identity Security is the continuous, cloud-native solution within the SailPoint Platform. Human Fabric and Agentic Fabric are its two products. Atlas is the foundation that powers it.
What SailPoint Human Fabric does[10]
SailPoint Human Fabric is one of the two products within SailPoint Identity Security. It shifts workforce governance from scheduled audits to continuous, always-on protection.
What SailPoint Agentic Fabric does[12][15][17]
SailPoint Agentic Fabric is one of the two products within SailPoint Identity Security. It discovers, governs, and secures non-human identities such as service accounts, machines, and AI agents. Agent Identity Security has evolved into SailPoint Agentic Fabric.
What IdentityIQ does[10][15][22]
SailPoint IdentityIQ is an identity security platform built for complex enterprises. Its core modules are Compliance Manager, Lifecycle Manager, Password Manager, and File Access Manager. It connects through standards-based connectors.
What Data Access Security does[19]
SailPoint Data Access Security extends identity security and access controls to data, securing access across every identity, human or machine. It discovers where critical information lives, classifies it, and enforces least-privilege access policies.
What SecOps Identity Intelligence does[20]
SecOps Identity Intelligence delivers governance-grade identity context directly into security workflows. It is meant to help teams investigate threats faster and make more informed response decisions.

Questions about HashiCorp and SailPoint

What do HashiCorp and SailPoint sell?
HashiCorp sells Vault, Boundary, HCP Terraform, Terraform Enterprise, Infragraph and 2 more. SailPoint sells SailPoint Identity Security, SailPoint Human Fabric, SailPoint Agentic Fabric, IdentityIQ, Data Access Security and 1 more.
Are HashiCorp and SailPoint in the same category?
They share Non-human identity security. HashiCorp's primary category is Privileged access management and SailPoint's is Identity governance and administration.
Where are HashiCorp and SailPoint headquartered?
SailPoint is headquartered in Austin, United States.
When were HashiCorp and SailPoint founded?
HashiCorp was founded in 2012. SailPoint was founded in 2005.
Who owns HashiCorp and SailPoint?
HashiCorp is owned by IBM, since 2025. SailPoint is a public company listed on NASDAQ as SAIL.
Which customers do HashiCorp and SailPoint name?
SailPoint publicly names Best Buy, PACCAR, The AES Corporation, Salling Group and Temple Health.
Who are HashiCorp and SailPoint sold to?
Organizations can implement The Infrastructure Cloud through the HashiCorp Cloud Platform, self-managed solutions, or a combination, across a hybrid environment. From its own pages, SailPoint sells mainly to enterprises.
What have HashiCorp and SailPoint announced recently?
October 27, 2026: HashiCorp introduced the Terraform Developer Portal in public preview, according to a post listed on its Terraform blog. October 6, 2026: At its Navigate 2026 conference, SailPoint released IdentityIQ 9.0 for on-premises customers and added enterprise-scale features to SailPoint Human Fabric.

About HashiCorp

HashiCorp sells The Infrastructure Cloud, an integrated platform that turns Infrastructure Lifecycle Management and Security Lifecycle Management into code. The Infrastructure Cloud automates workflows and serves as a central system of record. Infrastructure and Security Lifecycle Management, shortened to ILM and SLM, are the foundation of The Infrastructure Cloud. HashiCorp organizes its commercial products by Infrastructure and Security portfolios.[4][5]

The HashiCorp Cloud Platform, or HCP, is a unified suite of SaaS products that automate the lifecycle management of the infrastructure and security supporting an organization's most critical applications. HashiCorp lets organizations implement The Infrastructure Cloud through the HashiCorp Cloud Platform, through self-managed solutions, or through a combination of the two. The Infrastructure Cloud automates provisioning, enforces policies, and standardizes how teams work across a hybrid environment. HashiCorp offers identity-based access controls and secrets management for hybrid cloud security. Terraform, Vault, and Consul are among HashiCorp products.[1][4][9]

IBM Terraform provides automated infrastructure as code provisioning and management through a platform approach across cloud, private data centers, and SaaS infrastructure. A self-managed IBM Terraform option is for enterprises with security, compliance, and operational needs. HCP Terraform Standard and Premium customers now have access to Infragraph. Infragraph delivers a single pane of glass view of a hybrid estate through a centralized, event-driven knowledge graph.[4]

Boundary brokers credentials to targets by integrating with external credential sources such as HashiCorp Vault. HashiCorp describes using Boundary to automatically discover target hosts and services to address access to on-demand infrastructure. HashiCorp describes using Azure Active Directory to verify the identity of a Vault user when applying access control and enforcing governance requirements in cloud resources. HashiCorp describes a Packer workflow for maintaining image compliance in Azure.[7][8]

AGL used Terraform Enterprise to create configuration files that define infrastructure, and AGL later moved from Terraform Enterprise to HCP Terraform. Vodafone Italy uses HCP Terraform to create databases, set up its repository and team structure on GitHub, and create CI/CD pipelines on Jenkins and Microsoft Azure DevOps Services. Vodafone Italia S.p.A. is an Italian telecommunications company.[10]

HCP Terraform includes role-based access control and Sentinel policy capabilities, with minimum privileges for developers, cloud engineers, and operations managers. Vodafone Italy developers can use Terraform modules served through the private registry to stand up the infrastructure a service or microservice demands.

HashiCorp, Inc. has been acquired by International Business Machines Corporation, as of February 27th, 2025, and will be integrated into the IBM organization. HashiCorp holds a SOC 2 Type 2 report and ISO 27001, ISO 27017 and ISO 27018 certifications. HashiCorp hires external third parties to perform regular security assessment and penetration testing of its products. HashiCorp provides Long-Term Support releases for certain commercial products. LTS versions let customers stay on a supported major version for up to two years at a time, and HashiCorp promises to backport critical fixes and security patches. HashiCorp Authenticode signs Microsoft Windows executables and code signs Apple macOS executables.[1][9][10][13][14]

HashiCorp on the record

Sources

HashiCorp full record

  1. [1]hashicorp.comHashiCorp · hashicorp.com · undated page, accessed October 21, 2026 · Tier A
  2. [2]AboutHashiCorp · hashicorp.com · undated page, accessed October 21, 2026 · Tier A
  3. [3]PressHashiCorp · hashicorp.com · undated page, accessed October 21, 2026 · Tier A
  4. [4]HashiCorp | An IBM CompanyHashiCorp · undated page, accessed November 10, 2026 · Tier A
  5. [5]HCP Brand Guidelines - Product LogosHashiCorp · undated page, accessed November 10, 2026 · Tier A
  6. [6]HashiCorp Product PricingHashiCorp · undated page, accessed November 10, 2026 · Tier A
  7. [7]Topics in the Security categoryHashiCorp · published October 29, 2026 · Tier A
  8. [8]Security with HashiCorp and Microsoft AzureHashiCorp · undated page, accessed November 10, 2026 · Tier A
  9. [9]HashiCorp - athenahealthHashiCorp · undated page, accessed November 10, 2026 · Tier A
  10. [10]HashiCorp - AGL EnergyHashiCorp · undated page, accessed November 10, 2026 · Tier A
  11. [11]HashiCorp - Vodafone ItalyHashiCorp · undated page, accessed November 10, 2026 · Tier A
  12. [12]Privacy at HashiCorpHashiCorp · published April 20, 2026 · Tier A
  13. [13]Security at HashiCorpHashiCorp · undated page, accessed November 10, 2026 · Tier A
  14. [14]Technical Support Services and PoliciesHashiCorp · undated page, accessed November 10, 2026 · Tier A
  15. [15]The Stack by HashiCorpHashiCorp · published October 27, 2026 · Tier A
  16. [16]IBM Terraform (formerly HashiCorp Terraform) Reviews 2026G2 · undated page, accessed November 10, 2026 · Tier C

SailPoint full record

  1. [1]sailpoint.comSailPoint · sailpoint.com · undated page, accessed September 27, 2026 · Tier A
  2. [2]Sailpoint announces pricing of upsized initial public offeringSailPoint · sailpoint.com · published February 13, 2025 · Tier A
  3. [3]Sailpoint announces expiration of go shop periodSailPoint · sailpoint.com · published May 17, 2022 · Tier A
  4. [4]D885522ds1SailPoint, Inc. via SEC EDGAR · sec.gov · undated page, accessed January 21, 2025 · Tier A
  5. [5]Best buySailPoint · sailpoint.com · undated page, accessed October 10, 2026 · Tier A
  6. [6]PaccarSailPoint · sailpoint.com · undated page, accessed October 10, 2026 · Tier A
  7. [7]sailpoint.comSailPoint · sailpoint.com · undated page, accessed October 10, 2026 · Tier A
  8. [8]Salling groupSailPoint · sailpoint.com · undated page, accessed October 10, 2026 · Tier A
  9. [9]Temple healthSailPoint · sailpoint.com · undated page, accessed October 10, 2026 · Tier A
  10. [10]Sailpoint announces modernization capabilities for both cloud and on premises identity securitySailPoint · sailpoint.com · published October 6, 2026 · Tier A
  11. [11]Sailpoint closes entro security acquisitionSailPoint · sailpoint.com · published June 29, 2026 · Tier A
  12. [12]Sailpoint launches agentic fabricSailPoint · sailpoint.com · published May 11, 2026 · Tier A
  13. [13]SailPoint Reviews 2026: Details, Pricing, & Features - G2G2 · undated page, accessed October 28, 2026 · Tier C
  14. [14]The new era of adaptive identity - For humans, machines, AISailPoint · undated page, accessed November 4, 2026 · Tier A
  15. [15]Adaptive identity security for a dynamic world | SailPointSailPoint · undated page, accessed November 4, 2026 · Tier A
  16. [16]Security for non-human identities - Solutions | SailPointSailPoint · undated page, accessed November 4, 2026 · Tier A
  17. [17]Agent Identity Security: Take control of AI agents | SailPointSailPoint · undated page, accessed November 4, 2026 · Tier A
  18. [18]Secure Agentic AI | SailPointSailPoint · undated page, accessed November 4, 2026 · Tier A
  19. [19]Data Access Security - Products | SailPointSailPoint · undated page, accessed November 4, 2026 · Tier A
  20. [20]SecOps Identity Intelligence | SailPointSailPoint · undated page, accessed November 4, 2026 · Tier A
  21. [21]Assign and manage machine identity owners - Use case | SailPointSailPoint · undated page, accessed November 4, 2026 · Tier A
  22. [22]IdentityIQ: Comprehensive identity security | SailPointSailPoint · undated page, accessed November 4, 2026 · Tier A
  23. [23]Identity Cloud: Migrate to Cloud - Solutions | SailPointSailPoint · undated page, accessed November 4, 2026 · Tier A
  24. [24]Identity workflows: Automate and optimize | SailPointSailPoint · undated page, accessed November 4, 2026 · Tier A
  25. [25]SailPoint eliminates blind spots with unified protection across human, non-human, and AI agent identitiesSailPoint · published August 4, 2026 · Tier A
  26. [26]SailPoint Announces Intent to Acquire Entro to Accelerate and Enhance Agentic Fabric and Secure the Future of AI-Driven EnterprisesSailPoint · published June 15, 2026 · Tier A
  27. [27]SailPoint redefines identity security with new adaptive identity innovationsSailPoint · published March 9, 2026 · Tier A
  28. [28]SailPoint Reviews, Ratings & Features 2026 | Gartner Peer InsightsGartner Peer Insights · undated page, accessed November 4, 2026 · Tier C

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