Password management tools and apps can help ease the pain of passwords, but even those don t totally solve all of the password challenges. U.S.-based organizations spend over $1 million annually in password-related support costs. They make for poor user experiences: the average business user must remember and log in with as many as 190 passwords. The average enterprise uses 1,400 cloud applications and each enterprise has thousands of users accessing those applications, that s password management for literally millions of passwords.
Source: https://threatpost.com/duo-paving-the-path-to-passwordless/157502/