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Cybersecurity · head to head

Delinea vs Vault

Delinea logo

Delinea

Cybersecurity

Privileged access management from the merged Thycotic and Centrify

From
On request
Rated
-
Full reviewWebsite
Vault logo

Vault

Cloud

Manage Secrets and Protect Sensitive Data

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only 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.; Vault vault 1.15.0 and later is licensed under the Business Source License 1.1, not an OSI open source licence, with IBM Corporation as licensor
  • They diverge on capability: Delinea covers Secret Server, Vault covers Secrets management.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Delinea and Vault actually diverge.

Attributes where Delinea and Vault differ
AttributeDelineaVault
Starting priceOn requestFree
Pricing modelquoteopen-source
Free tierNoYes
PlatformsWeb, Windows, Linux, macOSLinux, Windows, Mac, Cloud
CategoryCybersecurityCloud
FoundedUnknown2015

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 Delinea

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

Only in Vault

  • Secrets management
  • Encryption
  • Authentication
  • Authorization
  • Audit logging
  • API access
  • High availability
  • Replication

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 Vault
  • A mid-market IT team that abandoned a heavier PAM rollout and needs a vault that can be in production in weeksnot Vault
  • A company removing local administrator rights from every workstation after a ransomware incidentnot Vault
  • An audit finding that shared service account passwords are stored in a spreadsheet and used by contractorsnot Vault

Vault

  • Centrally storing and rotating secrets, API keys and database credentialsnot Delinea
  • Issuing short-lived dynamic credentials to applications instead of static passwordsnot Delinea
  • Encryption as a service and PKI certificate issuancenot 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.

Vault

  • Vault 1.15.0 and later is licensed under the Business Source License 1.1, not an OSI open source licence, with IBM Corporation as licensor
  • The Additional Use Grant forbids offering Vault to third parties on a hosted or embedded basis in a paid product that competes with IBM's paid versions of Vault
  • Each version only converts to MPL 2.0 four years after that version is published, and the Change Date is tracked per version
  • Replication, HSM support, namespaces, performance standby nodes, FIPS builds, control group authorisation, multi-factor authentication, secrets sync and lease count quotas all require a Vault Enterprise licence
  • A Vault Enterprise licence must be applied to the cluster before any Enterprise feature can be used

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

Vault

Free
  • Open SourceFree
    • Secrets management
    • Encryption as a service
    • Identity management
  • EnterpriseFree
    • Advanced features
    • Premium support
    • Dedicated updates

Which should you pick?

Choose Delinea if

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

Choose Vault if

  • You need secrets management.
  • You want to start without paying.
  • You work on Linux, Windows, Mac, Cloud.
  • You also want encryption.
Vault review

Questions people ask

Is Delinea or Vault better?
Neither clearly leads. Delinea starts at On request and Vault at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Delinea or Vault?
Vault has a free tier; the other does not. Paid plans start at On request for Delinea and Free for Vault.
Does Delinea or Vault run on more platforms?
Delinea runs on Web, Windows, Linux, macOS. Vault runs on Linux, Windows, Mac, Cloud.
Can I use Vault for free?
Yes. 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 Vault is typically brought in for.
What can Delinea do that Vault cannot?
Delinea covers Secret Server, Privileged session recording, Privilege Manager, Server PAM. Vault covers Secrets management, Encryption, Authentication, Authorization.

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.

Vault: Is HashiCorp Vault free to use?

Yes, Vault is available as a free, open-source project. The community version includes secrets management, certificate generation and rotation, encryption services, and credential management. Vault Enterprise is a commercial offering with additional features.

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.

Vault: What are the differences between open-source Vault and Vault Enterprise?

Open-source Vault is free and self-hosted. Vault Enterprise includes additional features and commercial support. HashiCorp also offers Vault Dedicated on the HashiCorp Cloud Platform as a fully managed cloud option.

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.

Vault: Can I try HashiCorp Cloud Platform Vault without payment?

Yes, HashiCorp offers a free trial option for HCP Vault Dedicated. New users also receive a $500 credit to use across HashiCorp Cloud Platform services.

Source
Vault: What does Vault manage and protect?

Vault provides identity-based secrets management for users, machines, services, and AI agents. It automates authentication and authorization for access to secrets, passwords, certificates, encryption keys, and other sensitive data across your infrastructure.

Source
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