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Cybersecurity · head to head

Delinea vs HashiCorp Vault

Delinea logo

Delinea

Cybersecurity

Privileged access management from the merged Thycotic and Centrify

From
On request
Rated
-
HashiCorp Vault logo

HashiCorp Vault

Cybersecurity

Manage secrets and protect sensitive data

From
Free
Rated
-

The short version

  • Only HashiCorp Vault has a free tier, so it costs nothing to try first.
  • Each has a real cost: Delinea the Thycotic and Centrify lineages are integrated unevenly, so buying the full portfolio means running consoles and agents that do not share one administrative model as cleanly as the marketing suggests.; HashiCorp Vault policies are written in HCL with no graphical user interface for policy management or editing
  • They diverge on capability: Delinea covers Secret Server, HashiCorp Vault covers Secret storage.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Delinea and HashiCorp Vault actually diverge.

Attributes where Delinea and HashiCorp Vault differ
AttributeDelineaHashiCorp Vault
Starting priceOn requestFree
Pricing modelquoteopen-source
Free tierNoYes
PlatformsWeb, Windows, Linux, macOSLinux, Windows, Mac, Api
FoundedUnknown2014

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

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 Delinea

  • Secret Server
  • Privileged session recording
  • Privilege Manager
  • Server PAM
  • Discovery
  • DevOps secrets
  • Behaviour analytics

Only in HashiCorp Vault

  • Secret storage
  • Dynamic secrets
  • Encryption as a service
  • Identity-based access
  • Audit logging
  • Leasing and renewal
  • Secret engines
  • Auth methods

What people use each for

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

Delinea

  • An organisation whose cyber insurer now requires privileged credentials to be vaulted and rotatednot HashiCorp Vault
  • A mid-market IT team that abandoned a heavier PAM rollout and needs a vault that can be in production in weeksnot HashiCorp Vault
  • A company removing local administrator rights from every workstation after a ransomware incidentnot HashiCorp Vault
  • An audit finding that shared service account passwords are stored in a spreadsheet and used by contractorsnot HashiCorp Vault

HashiCorp Vault

  • Secrets managementnot Delinea
  • Database credentialsnot Delinea
  • API keysnot Delinea
  • SSH accessnot Delinea
  • PKI and certificatesnot Delinea

Where each one falls short

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

Delinea

  • The Thycotic and Centrify lineages are integrated unevenly, so buying the full portfolio means running consoles and agents that do not share one administrative model as cleanly as the marketing suggests.
  • Modules are licensed separately by different units, per privileged user for the vault and per endpoint for privilege management, which makes total cost hard to model and easy to underestimate at scale.
  • Delinea does not publish rates, so buyers benchmark against third party and public sector listings; expect list prices to be negotiable by a wide margin, which means the first quote is not the price.
  • Thoma Bravo ownership since 2021 has coincided with firmer renewal pricing, and buyers with a single-vendor PAM estate have little leverage once credentials are inside the vault.
  • Migrating out of a privileged access vault is a genuinely hard project because every automated process that fetches a secret has to be repointed, so the switching cost is real and the vendor knows it.

HashiCorp Vault

  • Policies are written in HCL with no graphical user interface for policy management or editing
  • Unsealing requires managing multiple key shares and coordinating a quorum of operators
  • Community Edition lacks enterprise features like namespaces and disaster recovery replication
  • Requires additional monitoring solutions for alerting and observability

Pricing, plan by plan

Delinea

On request
  • Secret Server$undefined/year
    • Priced per privileged user, tiered by edition
    • Cloud or on premises deployment
    • Session recording in higher editions
  • Privilege Manager$undefined/year
    • Priced per endpoint
    • Local admin rights removal and application elevation
    • Licensed separately from Secret Server
  • Server PAM$undefined/year
    • Priced per managed server or per privileged user
    • Just-in-time server access
    • Licensed separately

HashiCorp Vault

Free
  • Open SourceFree
    • Secrets management
    • Encryption
    • Community support
  • Vault Enterprise$6000/year
    • Replication
    • HSM support
    • Advanced audit

Which should you pick?

Choose Delinea if

  • You need secret server.
  • You work on Web, Windows, Linux, macOS.
  • You also want privileged session recording.

Choose HashiCorp Vault if

  • You need secret storage.
  • You want to start without paying.
  • You work on Linux, Windows, Mac, Api.
  • You also want dynamic secrets.

Questions people ask

Is Delinea or HashiCorp Vault better?
Neither clearly leads. Delinea starts at On request and HashiCorp Vault at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Delinea or HashiCorp Vault?
HashiCorp Vault has a free tier; the other does not. Paid plans start at On request for Delinea and Free for HashiCorp Vault.
Does Delinea or HashiCorp Vault run on more platforms?
Delinea runs on Web, Windows, Linux, macOS. HashiCorp Vault runs on Linux, Windows, Mac, Api.
Can I use HashiCorp Vault for free?
Yes. HashiCorp Vault has a free tier, so you can try it without paying. Delinea starts at On request.
What is Delinea best used for?
Delinea is most often used for an organisation whose cyber insurer now requires privileged credentials to be vaulted and rotated, a mid-market it team that abandoned a heavier pam rollout and needs a vault that can be in production in weeks, a company removing local administrator rights from every workstation after a ransomware incident, an audit finding that shared service account passwords are stored in a spreadsheet and used by contractors. Of those, an organisation whose cyber insurer now requires privileged credentials to be vaulted and rotated and a mid-market it team that abandoned a heavier pam rollout and needs a vault that can be in production in weeks are not what HashiCorp Vault is typically brought in for.
What can Delinea do that HashiCorp Vault cannot?
Delinea covers Secret Server, Privileged session recording, Privilege Manager, Server PAM. HashiCorp Vault covers Secret storage, Dynamic secrets, Encryption as a service, Identity-based access.

Answered from the vendors’ own pages

Delinea: Is Delinea the same as Thycotic?

Delinea is the merged company formed from Thycotic and Centrify in 2021. Secret Server is the former Thycotic product; the server access products come from Centrify.

HashiCorp Vault: Does HashiCorp Vault have a free version?

Yes. The open-source Community Edition is completely free and includes core secrets management, dynamic secrets, and encryption as a service. It is self-hosted with no licensing fees or secret count limits, but lacks enterprise features like namespaces, disaster recovery replication, and Sentinel policies.

Source
Delinea: Is pricing published?

Not by Delinea. Public sector frameworks have listed Secret Server Cloud around 348 GBP per user per year, which is a reference point, not a quote.

HashiCorp Vault: Can I use HashiCorp Vault in production?

The Community Edition is suitable for non-production environments and small teams. For production deployments, organizations typically use HCP Vault Dedicated (managed cloud service starting at approximately 22 USD per month) or Vault Enterprise with custom pricing that includes disaster recovery, performance replication, and 24/7 support.

Source
Delinea: Does one licence cover endpoints and servers?

No. Secret Server, Privilege Manager and Server PAM are separately licensed on different units. Scope all three if your requirement spans them.

HashiCorp Vault: What are the main integrations available?

Vault integrates with AWS, Azure, Google Cloud, Active Directory, Okta, and 80+ other platforms. It supports dynamic credential generation for cloud providers, database systems, and identity services, enabling centralized secret management across multi-cloud infrastructure.

Source
HashiCorp Vault: Does Vault work offline?

Vault requires network connectivity to function as it is a centralized secrets management server. However, it can be deployed on-premises for air-gapped environments, and clients can cache short-lived tokens for temporary offline access once authenticated.

Source
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