Softwr

Cybersecurity · head to head

Akeyless vs Periscope Holdings

Akeyless logo

Akeyless

Cybersecurity

Runtime identity security at agentic scale

From
Free
Free plan
Yes
Periscope Holdings logo

Periscope Holdings

Government

Statewide e-procurement systems and supplier networks for large public agencies

From
On request
Free plan
No

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; Periscope Holdings it is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.
  • They diverge on capability: Akeyless covers Secrets management, Periscope Holdings covers Sealed bid solicitation.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Akeyless and Periscope Holdings actually diverge.

Attributes where Akeyless and Periscope Holdings differ
AttributeAkeylessPeriscope Holdings
Starting priceFreeOn request
Pricing modelUsage-based pricing units that vary by product modulequote
Free tierYesNo
PlatformsCloud, Hybrid, On-PremisesWeb
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 Periscope Holdings

  • Sealed bid solicitation
  • Supplier registration network
  • Contract catalogues
  • Cooperative purchasing
  • Spend and compliance reporting
  • Supplier diversity tracking

What people use each for

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

Akeyless

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

Periscope Holdings

  • A state building a central procurement portal serving many agencies and local entitiesnot Akeyless
  • A large agency needing statutory sealed bidding with a public opening recordnot Akeyless
  • A purchasing programme that must report spend and supplier diversity across entitiesnot Akeyless
  • A state wanting local governments to buy from its awarded cooperative contractsnot 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

Periscope Holdings

  • It is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.
  • The interface reflects the age and regulatory weight of the platform, and suppliers routinely describe registration and bidding as harder than on newer portals, which can suppress bid response.
  • Ownership has changed twice since 2021, from independent to mdf commerce to KKR, so roadmap and support continuity should be written into the contract rather than assumed.
  • Sibling products inside mdf commerce cover adjacent procurement ground, which means an apparently competitive shortlist may contain two products with the same owner.
  • Statewide implementations are multi year projects with heavy configuration and change management, and the professional services cost commonly exceeds the software over the contract term.

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

Periscope Holdings

On request
  • BuySpeed$undefined/year
    • Quoted per programme, scaled to entities served and transaction volume
    • Multi year statewide contracts with implementation priced separately
    • Supplier side registration fees form part of the commercial model on some programmes

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.

Choose Periscope Holdings if

  • You need sealed bid solicitation.
  • You also want supplier registration network.

Questions people ask

Is Akeyless or Periscope Holdings better?
Neither clearly leads. Akeyless starts at Free and Periscope Holdings at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Akeyless or Periscope Holdings?
Akeyless has a free tier; the other does not. Paid plans start at Free for Akeyless and On request for Periscope Holdings.
Does Akeyless or Periscope Holdings run on more platforms?
Akeyless runs on Cloud, Hybrid, On-Premises. Periscope Holdings runs on Web.
Can I use Akeyless for free?
Yes. Akeyless has a free tier, so you can try it without paying. Periscope Holdings 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 Periscope Holdings is typically brought in for.
What can Akeyless do that Periscope Holdings cannot?
Akeyless covers Secrets management, Machine identity, AI agent identity, Certificate management. Periscope Holdings covers Sealed bid solicitation, Supplier registration network, Contract catalogues, Cooperative purchasing.

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
Periscope Holdings: Who owns Periscope Holdings?

mdf commerce acquired it in 2021, and mdf commerce was itself acquired by KKR in 2024.

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
Periscope Holdings: Is it suitable for a single city?

Usually not. It is built and priced for statewide or very large agency programmes.

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
Periscope Holdings: What is BuySpeed?

The e-procurement platform behind its statewide deployments, covering solicitation through catalogue ordering and reporting.

Periscope Holdings: Can we see what a state paid?

Yes. State procurement awards are public records and typically disclose the full multi year contract value.

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