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Fortanix DSM vs Google Cloud KMS

How Fortanix DSM and Google Cloud KMS differ on scope, key custody, deployment and cost.

Fortanix DSMGoogle Cloud KMS
TypeConfidential computing KMSCloud KMS
ScopeKeys, secrets, tokenisationEncryption keys
DeploymentSaaS + on-premiseSaaS (GCP)
Key custodyIntel SGX enclaves; FIPS 140-2 Level 3HSM tier FIPS 140-2 Level 3; External Key Manager for off-cloud keys
How it worksData Security Manager runs key operations inside confidential-computing enclaves rather than conventional HSM appliances, presenting one key management plane across multiple clouds and on-premise. Also covers tokenisation and, increasingly, post-quantum readiness.Key rings and key versions with explicit rotation, offered in software, HSM and external tiers. External Key Manager is the differentiator: the key stays in your own system and Google calls out to it, so the cloud can be denied access by design rather than by policy.
Pricing*Enterprise quoteMetered per key version + operations
Free tierNoNo
Licence——
Best forMulti-cloud estates with strict key custodyGCP workloads and hold-your-own-key rules

Fortanix DSM

  • One control plane across clouds and on-premise
  • Enclave model removes appliance sprawl
  • Strong regulated-industry track record
  • Enterprise pricing, enterprise sales cycle
  • Overspecified for single-cloud teams

Google Cloud KMS

  • Clear key ring and version model
  • External Key Manager is a genuine sovereignty answer
  • Consistent API across software and HSM tiers
  • No free tier
  • External keys add latency and a hard dependency

Bottom line

Choose Fortanix DSM for multi-cloud estates with strict key custody. Choose Google Cloud KMS for gcp workloads and hold-your-own-key rules.

* Published list pricing (vendor pricing pages, August 2026).