Identity as a Service is an as-a-service, cloud-based subscription model for identity and access management (IAM). This means that identity and access services are rendered over the Internet by a third-party provider rather than deployed on-premises. IDaaS can contain a range of services, but typically includes single sign-on (SSO), multi-factor authentication (MFA) and directory services that provide organizations with simple and cost-effective identity and access management (IAM) capabilities.