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Cybersecurity · head to head

Akeyless vs NEXGEN Asset Management

Akeyless logo

Akeyless

Cybersecurity

Runtime identity security at agentic scale

From
Free
Free plan
Yes
Full reviewWebsite
NEXGEN Asset Management logo

NEXGEN Asset Management

Government

Combined EAM and CMMS for utilities and municipalities with Esri GIS at the centre of the asset register

From
On request
Free plan
No
Full reviewWebsite

The short version

  • Only Akeyless has a free tier, so it costs nothing to try first.
  • Each has a real cost: Akeyless pricing is usage-based and complex, requires sales consultation; NEXGEN Asset Management pricing keys off asset count, so a routine GIS resegmentation that splits mains into more records can raise your subscription without adding a single user or work order.
  • They diverge on capability: Akeyless covers Secrets management, NEXGEN Asset Management covers Esri GIS integration.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Akeyless and NEXGEN Asset Management actually diverge.

Attributes where Akeyless and NEXGEN Asset Management differ
AttributeAkeylessNEXGEN Asset Management
Starting priceFreeOn request
Pricing modelUsage-based pricing units that vary by product modulequote
Free tierYesNo
PlatformsCloud, Hybrid, On-PremisesWeb, iOS, Android
CategoryCybersecurityGovernment

Identical on both: user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Akeyless

  • Secrets management
  • Machine identity
  • AI agent identity
  • Certificate management
  • Privileged access management
  • Multi-vault governance
  • Encryption and KMS
  • Password manager

Only in NEXGEN Asset Management

  • Esri GIS integration
  • Risk and criticality
  • Condition assessment
  • Capital planning
  • Work orders
  • Mobile field app
  • Service requests
  • Inventory and purchasing

What people use each for

The jobs each tool is most often brought in to do.

Akeyless

  • Securing AI agents with dedicated identity trackingnot NEXGEN Asset Management
  • Managing machine-to-machine credentials at scalenot NEXGEN Asset Management
  • Automating PKI and certificate lifecyclenot NEXGEN Asset Management
  • Implementing just-in-time privileged accessnot NEXGEN Asset Management

NEXGEN Asset Management

  • A water utility that must show a board why a specific main is being replaced this year rather than nextnot Akeyless
  • A city public works department consolidating a GIS asset inventory and a paper work order process into one systemnot Akeyless
  • An airport authority tracking condition assessments across airside and landside assets with capital forecastingnot Akeyless
  • A district that needs citizen service requests to become tracked work orders with an auditable historynot Akeyless

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Akeyless

  • Pricing is usage-based and complex, requires sales consultation
  • Free tier is very limited with restricted access
  • No transparent pricing published for enterprise features
  • Pricing model varies significantly by product module

NEXGEN Asset Management

  • Pricing keys off asset count, so a routine GIS resegmentation that splits mains into more records can raise your subscription without adding a single user or work order.
  • Nothing is published and the vendor is small, so the reference set you can call is limited and mostly Californian and North American public agencies.
  • The interface is dated compared with modern CMMS products, which hurts adoption among field crews who compare it to consumer apps on their own phones.
  • GIS integration is the product strength and also its dependency; agencies without a maintained ArcGIS asset layer face a data preparation project before NEXGEN is useful.
  • As a small vendor it carries acquisition risk, and in this segment acquisitions have repeatedly meant a product frozen while it is folded into a larger portfolio.

Pricing, plan by plan

Akeyless

Free
  • FreeFree
    • Limited feature access
    • Restricted usage quotas
  • Enterprise$undefined/custom
    • Custom pricing based on usage
    • Unlimited resource quotas
    • Full feature access

NEXGEN Asset Management

On request
  • NEXGEN Asset Management$undefined/year
    • Tiered pricing based on the number of assets under management
    • Implementation, GIS integration and data migration quoted separately
    • Mobile module licensed alongside the core platform

Which should you pick?

Choose Akeyless if

  • You need secrets management.
  • You want to start without paying.
  • You work on Cloud, Hybrid, On-Premises.
  • You also want machine identity.
Akeyless review

Choose NEXGEN Asset Management if

  • You need esri gis integration.
  • You work on Web, iOS, Android.
  • You also want risk and criticality.
NEXGEN Asset Management review

Questions people ask

Is Akeyless or NEXGEN Asset Management better?
Neither clearly leads. Akeyless starts at Free and NEXGEN Asset Management at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Akeyless or NEXGEN Asset Management?
Akeyless has a free tier; the other does not. Paid plans start at Free for Akeyless and On request for NEXGEN Asset Management.
Does Akeyless or NEXGEN Asset Management run on more platforms?
Akeyless runs on Cloud, Hybrid, On-Premises. NEXGEN Asset Management runs on Web, iOS, Android.
Can I use Akeyless for free?
Yes. Akeyless has a free tier, so you can try it without paying. NEXGEN Asset Management starts at On request.
What is Akeyless best used for?
Akeyless is most often used for securing ai agents with dedicated identity tracking, managing machine-to-machine credentials at scale, automating pki and certificate lifecycle, implementing just-in-time privileged access. Of those, securing ai agents with dedicated identity tracking and managing machine-to-machine credentials at scale are not what NEXGEN Asset Management is typically brought in for.
What can Akeyless do that NEXGEN Asset Management cannot?
Akeyless covers Secrets management, Machine identity, AI agent identity, Certificate management. NEXGEN Asset Management covers Esri GIS integration, Risk and criticality, Condition assessment, Capital planning.

Answered from the vendors’ own pages

Akeyless: What pricing model does Akeyless use?

Akeyless uses usage-based pricing units that vary by product. For example, Secrets Management is priced by clients, Certificate Management by managed certificates, Encryption by transactions, and PAM by users. Contact sales for a custom quote.

Source
NEXGEN Asset Management: How is NEXGEN priced?

On a tiered model based on the number of assets under management, quoted per agency. Nothing is published.

Akeyless: Does Akeyless support hybrid deployment?

Yes, Akeyless offers Pure SaaS cloud-managed deployment and Hybrid SaaS with on-premise gateways and zero-knowledge encryption for sensitive environments.

Source
NEXGEN Asset Management: Do we need Esri ArcGIS?

Not strictly, but the product is designed around it and most of the value assumes a maintained GIS asset layer.

Akeyless: How does Akeyless handle AI agent identities?

Akeyless provides dedicated AI agent identity tracking with runtime access control, allowing organizations to manage AI agent access separately from human and machine identities.

Source
NEXGEN Asset Management: Does it handle capital planning?

Yes. Risk, criticality and condition scores feed multi-year renewal forecasts intended for board and council submissions.

NEXGEN Asset Management: Is there a mobile app?

Yes, a map-based field application with offline capability, licensed alongside the core platform.

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