Fortanix Data Security Manager vs Azure Managed HSM

Fortanix Data Security Manager9.4Visit Azure Managed HSM8.2Visit

Higher score Fortanix Data Security Manager #1 in Key Management Software 9.4/10 30-day trial Free trial✓ 5 of 5 features Visit Fortanix

vs

Azure Managed HSM #11 in Key Management Software 8.2/10 Paid ✓ 5 of 5 features Visit Microsoft

• Fortanix Data Security Manager fits best

  Multi-cloud enterprises needing HSM-backed keys

• Azure Managed HSM fits best

  Azure workloads requiring dedicated HSMs

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Side by side

Feature	Fortanix Data Security Manager 9.4/10 Visit ↗	Azure Managed HSM 8.2/10 Visit ↗
At a glance
Editor score	9.4	8.2
Ranking	#1 in Key Management Software	#11 in Key Management Software
Best for	Multi-cloud enterprises needing HSM-backed keys	Azure workloads requiring dedicated HSMs
Pricing model	Paid	Paid
Starting price	30-day trial	—
Free plan	—	—
Free trial	30 days	—
Deployment	Cloud, Self-hosted	Cloud
Platforms	Web	Web
Support	Docs	Docs
Integrations	9 integrations	7 integrations
Built for	Mid-market, Enterprise	Mid-market, Enterprise
Features Fortanix Data Security Manager 5/5 · Azure Managed HSM 5/5
HSM-backed keys	✓	✓
Automatic key rotation	✓	✓
Audit logs	✓	✓
Key import	✓	✓
Customer-managed keys	✓	✓
Specs
Deployment model	Hybrid	Cloud
Supported key types	Both	Both
Our review
Pros	Integrated FIPS 140-2 Level 3 HSM protection Automatic rotation and centralized audit logs Broad cloud, SaaS, API, and cryptographic interfaces	FIPS 140-3 Level 3 validated, single-tenant HSM clusters Automated and on-demand key rotation with backup and restore Private endpoints, audit logging, and Azure Monitor integration
Cons	Paid product with no free plan 30-day trial applies to SaaS deployment Enterprise-focused deployment options may require planning	Paid service with one listed Standard B1 plan Cloud deployment is centered on the Azure ecosystem Dedicated HSM architecture may exceed simpler key-management needs
Our verdict	Fortanix Data Security Manager is an enterprise key-management and HSM platform for organizations securing cryptographic keys, certificates, secrets, and data across cloud, on-premises, and hybrid environments. It supports key and secret… Read the review →	Azure Managed HSM is a fully managed, single-tenant cloud service for safeguarding cryptographic keys. It is designed for organizations running Azure workloads that require dedicated HSM protection, customer-managed encryption, controlled… Read the review →

Strengths and trade-offs

• Fortanix Data Security Manager — where it wins

  • Integrated FIPS 140-2 Level 3 HSM protection
  • Automatic rotation and centralized audit logs
  • Broad cloud, SaaS, API, and cryptographic interfaces

  Where it doesn't

  • Paid product with no free plan
  • 30-day trial applies to SaaS deployment
  • Enterprise-focused deployment options may require planning

• Azure Managed HSM — where it wins

  • FIPS 140-3 Level 3 validated, single-tenant HSM clusters
  • Automated and on-demand key rotation with backup and restore
  • Private endpoints, audit logging, and Azure Monitor integration

  Where it doesn't

  • Paid service with one listed Standard B1 plan
  • Cloud deployment is centered on the Azure ecosystem
  • Dedicated HSM architecture may exceed simpler key-management needs

• Fortanix Data Security Manager9.4/10 · 30-day trial

  A broad enterprise key-management platform for multi-cloud, hybrid, and HSM-backed workflows.

  Visit FortanixFull verdict →
• Azure Managed HSM8.2/10 · Paid

  A dedicated Azure HSM service for organizations with strict key protection requirements.

  Visit MicrosoftFull verdict →