HashiCorp has been named in the 2023 Gartner Magic Quadrant for Privileged Access Management (PAM), marking its debut in this market. The company's approach to PAM is based on five essential principles, focusing on identity-based controls in cloud-driven environments. HashiCorp's products, Vault and Boundary, offer a modern approach to PAM, combining authentication and authorization capabilities with secrets management and automated workflows. These solutions aim to provide customers with the capabilities they need, rather than complexity, and are designed to work seamlessly across all environments. The company is committed to enabling flexible deployments, optimizing DevOps workflows, and providing auditing and logging capabilities to support compliance and regulatory requirements.