Okta Inc (Okta) provides cloud-based identity management solutions for business enterprises. It offers platforms that help customers connect the right people to the right technologies and services. The company’s Okta Identity platform offers unified identity access management and identity governance solutions. The company provides Workforce Identity and Customer Identity Cloud platforms.

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Okta is committed to advancing its research and development (R&D) efforts to maintain its leadership in identity management solutions. The company focuses on innovation in its platform and network, aiming to enhance its identity security offerings and expand its capabilities in AI and machine learning. Okta's R&D initiatives are centered around developing new products and improving existing solutions to address the evolving needs of its customers and the broader market. The company's main initiatives include integrating AI into identity solutions, developing authentication mechanisms for AI agents, and focusing on identity threat protection and identity security posture management. Okta has introduced new products such as Okta Identity Governance, Okta Privileged Access, and Okta Device Access, and is working on Okta for AI Agents and Auth0 for AI Agents to secure AI applications. The company is leveraging its partner ecosystem to drive innovation and expand its reach in the identity management market, with a focus on international expansion and landing larger enterprise customers. In FY2026, the company incurred expenses of US$639 million on R&D, which as a percentage of revenue, stood at 21.9%.