Industry Newsagentsidentity accessoktaidentity security
Okta Emphasizes Identity Leadership Amid Agent Competition
7.2
Okta CEO Todd McKinnon told investors on a Wednesday fourth-quarter earnings call that the company is rapidly building identity products to defend against AI agents, citing surging demand for Auth0 for AI Agents and Okta for AI Agents. He reported fiscal 2024 revenue of $2.9 billion and said new product sales represented roughly 30% of Q4 bookings, projecting TAM growth to $80 billion.
Key Points
- 1Reports strong demand for Auth0 for AI Agents and Okta for AI Agents, ~30% of Q4 bookings
- 2Warns agentic AI could reshape SaaS economics, prompting heavy investment and operational hardening
- 3Offers dual agent billing models per-user and per-connection, enabling enterprise monetization of digital labor
Scoring Rationale
Official earnings metrics and clear strategy raise relevance, though the report lacks major technical novelty.
Sources
Public references used for this report.
Practice interview problems based on real data
1,625 SQL & Python problems across 15 industry datasets — the exact type of data you work with.
Try 250 free problems
