Benefitfocus Among Apps Top 500

100 Benefitfocus Way

Charleston, SC, 29492, USA

+1 843-849-7476

http://www.benefitfocus.com/

153

Benefitfocus Recent Developments

In March 2018, Benefitfocus launched BENEFITFOCUS BENEFITSPLACE, a new offering that connects the entire U.S. employee benefits industry. BenefitsPlace unites brokers, employers, carriers and suppliers on a single platform and offers consumers a wide-range of benefits products for personal wellbeing and security at any stage in life. The announcement was made at Benefitfocus’ One Place annual user conference. In June 2017, Benefitfocus unveiled its Summer Software Release, which includes features inspired by Benefitfocus customer feedback. The new release continues to advance the design and implementation of personalized benefits strategies for today’s diverse workforce. In addition, continued investments in platform performance and data accuracy set employers and insurance carriers up for success during the 2018 fall open enrollment season. Several months later Benefitfocus unveiled its Winter Software Release, which includes platform investments to simplify end-of-year reporting and deliver data-driven insights for 2018 planning. The release also includes new communications capabilities to increase transparency and improve personalization to ensure open enrollment success.

Benefitfocus Key Enterprise & Cloud Applications

Benefitfocus Platform,

SCORES Analysis

Benefitfocus Strengths

Benefitfocus specializes in a cloud-based enterprise benefits management software platform for consumers, employers, insurance carriers, and brokers. As one of the first Cloud platforms dedicated to the benefits administration market, Benefitfocus has attracted a growing number of major accounts including employers and insurers that rely on its benefits management software platform for automating and streamlining the enrollment process for end users as well as managing benefits data exchange among employers, carriers, brokers and their information systems. Benefitfocus benefits management technology powers many of the leading private insurance exchanges. The Benefitfocus Marketplace enables a consumer-driven benefits selection experience with tools that enable a personalized benefits “shopping” experience guiding employees to choose benefits plans that suit their individual needs. Benefitfocus also provides Advanced Analytics, a data analytics solution that helps carriers and their self-insured employers identify cost drivers, recognize trends, and predict future risks and costs.

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  • Key differentiators
  • Domain Expertise
  • Product portfolio
  • Solution scope

Benefitfocus Revenues, $M:

Type/Year 2016 2017 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Benefitfocus Revenue Breakdown By Type, $M:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Benefitfocus Revenues By Region, $M

Region % of Total Revenues 2017 Total Revenues, $M 2017 Enterprise Applications Revenues, $M 2017 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Benefitfocus Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Benefitfocus Customers

No. of Customers: Subscribe

No. of Enterprise Applications Customers: Subscribe

No. of Cloud Customers: Subscribe

No. of Cloud Subscribers: Subscribe

Don't Miss our Customer Database


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  • Reference wins across regions
  • Customer Size segments
  • Customer wins momentum

Benefitfocus Opportunities

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  • Market Opportunities at the vertical and subvertical levels
  • Mergers and Acquisitions (M&A), Funding
  • Geo Expansions

Benefitfocus Risks

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  • Ability to handle internal and external risk and challenges

Benefitfocus Ecosystem

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  • Health of ecosystem
  • Network Effects of BPO, ISV, SI
  • VAR Partners
  • Direct vs Indirect sales

Benefitfocus Cloud Infrastructure Insights

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  • Cloud Infrastructure (IaaS)
  • Cloud Platform (PaaS)
  • Cloud Application delivery (SaaS)
  • Data Center (Hosting)

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).




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