We’ve all heard of Microsoft LAPS. This stands for Local Administrator Password Solution and is already available from Windows Server 2008 R2. With Microsoft LAPS it is possible to periodically and fully automatically change the password of the local administrator account.
Microsoft recently launched Windows LAPS, as a successor to Microsoft LAPS. A number of new functionalities have been added and it is now also part of the Windows Server operating system (from Server 2019 April Update) and Windows 10 and 11.