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AWS Secrets Manager is a popular secret management solution used by many organizations. However, there are alternative solutions available that might fit an organization's requirements better. Infisical, an open-source secret management platform, offers a more advanced feature set compared to AWS Secrets Manager. It provides end-to-end tools for secure version-controlled secret storage, secret rotation, and integrations across infrastructure. HashiCorp Vault is another solution designed to fight secret sprawl and integrate with DevOps methodologies, providing secure access to cloud resources. Azure Key Vault is a native secrets management solution provided by Azure, offering ease of starting out and integrations with Azure tools. Building an in-house secrets management platform can offer high customization but comes with significant challenges and considerations, including resource-intensive development, ongoing maintenance, and security expertise requirements. Infisical is recommended as a perfect replacement for AWS Secrets Manager due to its developer-focused solution, transparency, and self-serve pricing model.