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Delinea Secret Server vs HashiCorp Boundary comparison

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Comparison Buyer's Guide

Executive SummaryUpdated on Apr 5, 2026

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Delinea Secret Server
Ranking in Privileged Access Management (PAM)
4th
Average Rating
8.2
Reviews Sentiment
6.6
Number of Reviews
62
Ranking in other categories
Enterprise Password Managers (8th), Secrets Management Tools (5th)
HashiCorp Boundary
Ranking in Privileged Access Management (PAM)
24th
Average Rating
7.0
Reviews Sentiment
2.2
Number of Reviews
1
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of November 2026, in the Privileged Access Management (PAM) category, the mindshare of Delinea Secret Server is 3.5%, down from 6.6% compared to the previous year. The mindshare of HashiCorp Boundary is 1.2%, down from 1.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Privileged Access Management (PAM) Mindshare Distribution
ProductMindshare (%)
Delinea Secret Server3.5%
HashiCorp Boundary1.2%
Other95.3%
Privileged Access Management (PAM)
 

Featured Reviews

SP
Adjunct Assistant Professor at a university with 5,001-10,000 employees
Robust credential management has improved security and simplifies privileged access control
I would characterize common frustrations related to Delinea Secret Server rather than using the term dislike. One area is the complexity for the administrative part. While it is straightforward in core values, configuring advanced policies, custom templates, and other areas including discovery scans and detailed reporting have a steep learning curve and may require extra training. The user interface and terminology present another challenge. Some users feel that the user interface can feel dated or overly complex, with terminology around secrets and folder structures taking time to master. Pricing perception is another point where some costs are mixed, while many others find Delinea Secret Server more affordable and flexible than tier one competitors. However, smaller teams still view enterprise licensing as a significant investment. I have observed poor technical support, particularly in multiple reviews. The support can be slow, limited, and sometimes unhelpful when troubleshooting complex configurations or stability issues. Aggressive or untransparent sales practices also present a concern. Some customers on G2 have cited frustrations with hidden costs, such as unexpected EC2 instance fees and core features being unbundled or oversold during contract negotiation. Complex implementation and setup is another significant challenge. The initial configuration, deployment, and managing advanced policies or connectors requires specialized expertise that most organizations do not have, and the steep learning curve compounds this issue. Users transitioning to the cloud-hosted version frequently complain that the updated interface and permissions structure feel slow and problematic compared to the legacy on-premise setup. Integration and API challenges represent the final area of concern. The platform points out challenges with API tokenization and external system integration, and the lack of documentation is one of the key points I would highlight. This limitation affects the ability to integrate with external systems effectively.
David Gidony - PeerSpot reviewer
Solution architect security and AI specialist at Terasky
Remote access to private lab hosts has become smoother while session control still needs refinement
HashiCorp Boundary can be improved in a few ways. The RDP session connection was recently introduced, which was a long-time feature that everyone was waiting for. Improving the desktop client and making it more elegant, fast, and optimized would be beneficial. I saw that there are new features allowing credential injection to RDP sessions and other useful functionalities that were among the top features I was looking for. I haven't had the chance to try them yet, but I saw demos that they already exist. The role-based access and permission granting is a bit complex and not intuitive. I work by myself and don't have many users to manage, but when it comes to scale, there might be a better way to manage access. The desktop app can be improved since it is slower than I would prefer, and session timeouts are a bit opaque. You don't really know how it's handling the session; sometimes the session ends and sometimes it's still alive. I find myself reactivating a session or needing to reconnect often. It could be more organized in that sense. A feature to close all active connections would help because currently, you have to go one by one and use the mouse to click on disconnect. If you have multiple sessions open, it might take some time because once you press cancel, you have to wait for a few seconds.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"Delinea Secret Server is a stable solution."
"The privileged access management module is the most reliable feature."
"Delinea Secret Server is a cost-effective solution."
"One valuable feature is that it will support a dedicated database. Delinea provides multiple features, like reporting and remote password changes."
"It works for us."
"At this early stage, and based on my demo experience over the last two weeks, it appears to have more features than we require, but we can grow into it."
"Thycotic Secret Server is a good solution for what it does."
"I find it really easy and computer confident, and the experience with the product is really good. Additionally, customizations are easy."
"Using HashiCorp Boundary has saved me time and made my workflow more efficient in the specific way that I can gain access to these private instances from anywhere."
 

Cons

"We faced some upgrade issues, especially during the management and administration parts. I found it less straightforward than on many other platforms, even outside password managers."
"The challenge for me with Delinea is that I may not be able to pitch it to an account with a low budget for PAM."
"The initial setup and deployment can be cumbersome. It's not an easy process."
"They could improve the container platform and SPO."
"Very occasionally indexes won’t contain all the search results expected."
"Certain features like the Remote Access Service (RAS) Engine and syncing with directory services may still have bugs or limitations, especially in newer platform versions."
"Delinea Secret Server can be improved as we find some bugs and it sometimes takes a little bit of time for them to get resolved when we go to support."
"We find the documentation hard to understand."
"The desktop app can be improved since it is slower than I would prefer, and session timeouts are a bit opaque."
 

Pricing and Cost Advice

"Secret Server is expensive when compared to the cost to some alternatives."
"It is very expensive, and its price should be lower."
"The tool's pricing is expensive."
"Compared to other solutions, Delinea Secret Server is competitively priced but on the higher side."
"When comparing the price of Thycotic Secret Server with other solutions it is reasonable."
"There is an annual license fee per user and the price is fair."
"Its price is okay. We don't compete on pricing. We seldom use price to win over our competitors. We prefer it this way because if we can sustain the price, we make more margin as well. We don't want the price to go down to the bottom where despite the win, there's no margin at all."
"It isn't terribly expensive."
Information not available
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Top Industries

By visitors reading reviews
Manufacturing Company
11%
Financial Services Firm
10%
Outsourcing Company
9%
Construction Company
8%
Comms Service Provider
15%
Outsourcing Company
12%
Construction Company
9%
Healthcare Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business25
Midsize Enterprise11
Large Enterprise29
No data available
 

Questions from the Community

Looking for recommendations and a pros/cons template for software to detect insider threats
This is an inside-out --- outside-in --- inside-in question, as an insider can be an outsider as well. There is no short answer other than a blend of a PAM tool with Behavioral Analytics and Endpo...
Which PAM tool do you prefer: CyberArk Privileged Access Manager, One Identity Safeguard, Delinea Secret Server, or BeyondTrust Privileged Remote A
For a banking or financial services use case you should check out SplitSecure. Very easy to deploy and use and splits secrets across devices rather than on cloud servers so you get full cryptograph...
What is your experience regarding pricing and costs for Thycotic Password Reset Server?
Pricing for Delinea Secret Server aligns with my expectations, including setup costs, with licensing generally falling in line with what I anticipated for an enterprise solution, making it reasonab...
What needs improvement with HashiCorp Boundary?
HashiCorp Boundary can be improved in a few ways. The RDP session connection was recently introduced, which was a long-time feature that everyone was waiting for. Improving the desktop client and m...
What is your primary use case for HashiCorp Boundary?
My main use case for HashiCorp Boundary is gaining access using a reverse proxy tunnel to all kinds of hosts and instances that I don't have a direct public connection to, mostly hosts and servers ...
What advice do you have for others considering HashiCorp Boundary?
The advice I would give to others looking into using HashiCorp Boundary is that if you're a developer or a technical person or use mostly Linux machines and terminals, HashiCorp Boundary can be a g...
 

Also Known As

Thycotic Secret Server, Delinea Password Reset Server
No data available
 

Overview

 

Sample Customers

Secure-24, University of San Diego, International Rescue Committee, San Francisco Ballet, Perkins Coie, University of San Diego, D.S.S. Limited, Turbo's Hoet, Eclipse Computing, Cathay Bank, Stellarise, J&R Consulting
Information Not Available
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