Dedicated HSM - Hardware Security Module is a free key management solution. Fortanix Data Security Manager is a commercial key management solution by Fortanix. Features, integrations, deployment and the company behind each one, side by side.
What our shortlists say about the one we picked.
Best for: Enterprises with keys in several clouds and data centers
It is here because one console applies the same key policies on premises and in the cloud, with keys kept on HSMs. It fits large enterprises with keys spread across several clouds and data centers. Since it also covers tokenization and secrets, decide early whether you want it to replace other products or only manage keys.
From Best Key Management Solutions for Business, Fall 2026
Reviewed by Nika (Nikoloz) Kokhreidze.
Microsoft Azure's dedicated HSM for secure key management and cryptographic operations.
Manages encryption keys across hybrid and multicloud systems, with HSM-backed storage.
See more solutions in this category, or build a security stack from your picks.
Based on what each listing shows: deployment, company size, price and open source.
Dedicated HSM - Hardware Security Module fits if you want a cloud product, you are a small business or a mid-market company and you need a free product.
Fortanix Data Security Manager fits if you need both cloud and on-premises options.
Common questions when comparing Dedicated HSM - Hardware Security Module vs Fortanix Data Security Manager for key management.
Dedicated HSM - Hardware Security Module: Microsoft Azure's dedicated HSM for secure key management and cryptographic operations.
Fortanix Data Security Manager: Manages encryption keys across hybrid and multicloud systems, with HSM-backed storage. Built by Fortanix.
The table above shows where their features, integrations, deployment and company size fit differ.
Often, yes. Dedicated HSM - Hardware Security Module and Fortanix Data Security Manager are both Key Management products, and both cover Encryption. Key differences: Dedicated HSM - Hardware Security Module is Free while Fortanix Data Security Manager is Commercial. Use the table above to see where features, deployment and company size fit differ.
Need the answer fast? Best Key Management Solutions for Business picks Thales CipherTrust Manager, Fortanix Data Security Manager, Futurex CryptoHub and 3 more.See the shortlist