CyberArk Enterprise Password Vault vs ManageEngine Password Manager Pro comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

CyberArk Enterprise Passwor...
Ranking in Enterprise Password Managers
4th
Average Rating
8.4
Number of Reviews
48
Ranking in other categories
No ranking in other categories
ManageEngine Password Manag...
Ranking in Enterprise Password Managers
14th
Average Rating
7.4
Number of Reviews
5
Ranking in other categories
Single Sign-On (SSO) (19th)
 

Market share comparison

As of June 2024, in the Enterprise Password Managers category, the market share of CyberArk Enterprise Password Vault is 4.4% and it decreased by 30.5% compared to the previous year. The market share of ManageEngine Password Manager Pro is 1.6% and it decreased by 19.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Password Managers
Unique Categories:
No other categories found
Single Sign-On (SSO)
2.6%
 

Featured Reviews

AS
Mar 25, 2024
Passwords are stored securely within the vault and eliminates the need for users to store passwords in less secure locations
Primarily, I import accounts from our critical systems.   Knowing that our passwords are stored securely within the vault has been a big improvement. It eliminates the need for users to store passwords in less secure locations. We want to integrate it with our IT service management platform and…
StephanBotha - PeerSpot reviewer
May 9, 2024
Secure, safe, reliable, and easy to use
As the infrastructure team, we utilize it to store all our service accounts and web account passwords. We use it for every password we require to access as a tool The tool is secure, safe, reliable, and easy to use. The update might get a bit easier. I have been using ManageEngine Password…

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"If properly set up, CyberArk Enterprise Password Vault has good stability, and is a very solid tool. It can run by itself. Its most valuable features are auto password recycling and PSM."
"The most valuable feature of the solution is session recording."
"I haven't really thought about anything that I want to use it for, that I couldn't use it for."
"The most valuable feature is privileged session management."
"Our privileged accounts are now stored in a more secure location and lateral movement within the network have been lessened."
"It's a highly flexible solution that can adapt to each customer's needs."
"The PSM is excellent and the ability to write your own connectors and plugins is invaluable as far as flexibility goes."
"The password protection itself is the most important feature. It's something we didn't have before."
"The tool is secure, safe, reliable, and easy to use."
"It is user-friendly. Someone who doesn’t have a lot of IT knowledge can work with the product easily."
"The security provided is very enhanced and it does a great job of keeping passwords safe."
"The support from the customer service team is good, they respond on time, and they always seem to be quite knowledgeable."
"It is very safe and we haven't had any security issues."
 

Cons

"In the next release, they could simplify the setup and I would like some tasks added like file sharing. When a client connects to CyberArk and wants to put a file on the server, they cannot."
"CyberArk's license is too expensive. I rate it seven out of 10 for affordability."
"I would like to see a simplification of the product."
"CyberArk has two disadvantages; the first is that it's insanely expensive and the other is it's very complex."
"The initial setup could be simplified. Right now, in comparison to its nearest competitors, it's quite complex."
"The initial setup could be simpler but it may not be as effective."
"The architecture needs to be improved."
"I'd like it to be a little more granular. I want a little bit more control over exactly what we do. I know if you do that, you add more knobs and dials to deal with, but that's just my personal approach: granular access."
"It's a pretty technical solution. It's designed for more technical people."
"The user interface could be improved and made more user friendly."
"There is room for improvement in making the UI more user-friendly."
 

Pricing and Cost Advice

"Quite expensive"
"The solution is cost-effective for the features."
"Compared to other solutions, it is costly."
"The product's licensing is yearly. I would rate the solution's pricing a six out of ten."
"There are no additional costs other than the standard licensing fees."
"CyberArk Enterprise Password Vault is a very expensive product."
"Licensing fees are paid on a yearly basis."
"The SaaS version of CyberArk Enterprise Password Vault is very expensive, but the on-premises version is relative, e.g. depending on the size of the environment, it can be a bit pricey, but it's relatively okay compared to the others."
"On a scale of one to five, with one being expensive and five being competitive, I would rate the pricing of this solution as a five."
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Top Industries

By visitors reading reviews
Financial Services Firm
24%
Computer Software Company
11%
Government
7%
Insurance Company
7%
Educational Organization
31%
Computer Software Company
13%
Manufacturing Company
7%
Financial Services Firm
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What do you like most about CyberArk Enterprise Password Vault?
The password protection itself is the most important feature. It's something we didn't have before.
What is your experience regarding pricing and costs for CyberArk Enterprise Password Vault?
It is expensive, but the cost is justified considering the security it provides. Compared to other solutions, it is costly. We have not tried other solutions, but the price is high. We only license...
What needs improvement with CyberArk Enterprise Password Vault?
The session monitoring and recording feature is also a good feature feature, but we're currently experiencing an issue with session monitoring not working correctly. We're working with CyberArk to ...
What do you like most about ManageEngine Password Manager Pro?
The support from the customer service team is good, they respond on time, and they always seem to be quite knowledgeable.
What is your primary use case for ManageEngine Password Manager Pro?
As the infrastructure team, we utilize it to store all our service accounts and web account passwords. We use it for every password we require to access as a tool.
 

Also Known As

No data available
Password Manager Pro
 

Learn More

Video not available
 

Overview

 

Sample Customers

AstraZeneca, Time, DBS, Novartis, Motorola, BT, pwc, Braun, Deloitte, Williams, Revlon, Belgacom, Barclays
Australian Catholic University
Find out what your peers are saying about CyberArk Enterprise Password Vault vs. ManageEngine Password Manager Pro and other solutions. Updated: May 2024.
787,061 professionals have used our research since 2012.