Castlight Health Strengths, Domain Expertise, and Key Differentiators
Castlight specializes in cloud applications that enable enterprises to gain control over their rapidly escalating health care costs. Its Enterprise Healthcare Cloud allows its customers to conquer the complexity of the existing health care system by providing personalized, actionable information to their employees, implementing technology-enabled benefit designs and integrating disparate systems and applications.
Its operating system and databases are open-source including the Linux operating system, MySQL and MongoDB databases and Apache Tomcat for the application servers. Castlight also uses Greenplum for its analytics database.
Castlight Health Recent Developments
During the Covid 19 pandemic, Castlight Health launched a couple of solutions to ease the situation, such as Working Well for Higher Education, a solution that helps academic institutions manage safe campus re-entry; Working Well for employers, it helps employers of any size manage safe workforce re-entry; and the directory of COVID-19 testing sites, it provides a clear, reliable source of testing site locations including information about the criteria for testing.
Castlight Health Mergers and Acquisitions (M&A) Activities
Castlight Health acquired Jiff, Inc. The combined entity will offer the most comprehensive health benefits platform in the industry, helping employers, as well as millions of employees and their families, manage their health benefits dollars more effectively.
Castlight Health Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Castlight Health applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Castlight Health and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Castlight Medical, Enterprise Healthcare Cloud, Jiff, customers.
Castlight Health Overview
Ownership: - NYSE:CSLT
Number of Employees: 463
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Castlight Health Key Enterprise and Cloud Applications
Castlight Medical, Enterprise Healthcare Cloud, Jiff,
Castlight Health Revenues, $M:
|Type/Year||2018||2019||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.
Castlight Health Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Castlight Health Enterprise Applications Revenues By Functional Markets, $M:
Castlight Health Enterprise Applications Revenues By Verticals, $M:
Castlight Health Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
Castlight Health Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Castlight Health Customers - Breakdown by Geo, Size, Vertical and Product
No. of Castlight Health Customers: 260
No. of Castlight Health Enterprise Applications Customers: 260
No. of Castlight Health Cloud Customers: x
No. of Castlight Health Cloud Subscribers: x
Castlight Health has more than 260 customers around the world. With the contract with Anthem from October 2019, Anthem from a partner became a Castlight Health's customer.
Customer wins include Aggreko, Pomeroy, American Electric Power (AEP), General Cable, State of Mississippi Department of Finance and Administration, Carlson, Cummins, Eaton Corporation, Indiana University, Indiana University Health, Indiana State Personnel Department, Liberty Mutual Group, Microsoft Corporation, Mondelez International, Purdue University, Safeway, and Honeywell.
Castlight Health Market Opportunities, M&A and Geo Expansions
In November 2018, Castlight Health completed multiple successful launches of Castlight Complete, which combines the company's wellbeing and care guidance capabilities in a single application. These launches included large employers comprising more than 300,000 eligible lives in complex benefits environments, with a diverse array of programs and point solutions.
In December 2017, Digital medicine company Big Health partnered with Castlight Health. Now through Castlight's suite of digital health and wellness solutions, employers will be able to seamlessly deliver improved sleep and mental health to their employees with Big Health's digital sleep improvement program Sleepio.
In May 2016, Castlight signed a strategic, multi-pronged business alliance with SAP to deliver integrated healthcare technologies aimed at helping lower healthcare costs, improve outcomes and increase benefits satisfaction. It is now integrated with the SAP Connected Health platform and enter into a distribution relationship with SAP SuccessFactors HCM Suite.
Castlight Health Risks and Challenges
Castlight Health's revenue is deeply dependent of Anthem Inc. As a channel partner, Anthem contributed 27% of Castlight Health's revenue. In addition, since 1st of January 2020, Anthem is also a Castlight Health's customer.
Castlight Health Ecosystem, Partners, Resellers and SI
Castlight Health sells its applications and services through its direct sales organization. Castlight has also increased its focus on indirect sales through a variety of channels. It maintains relationships with key industry participants including benefit consultants, brokers, group purchasing organizations and health plan partners.
In October 2019, Castlight extended it's collaboration with Anthem. The agreement renews the existing relationship for the Castlight-powered Engage health navigation app, including the deployment to more than one million National Account members in Anthem’s affiliated health plans, as well as the Castlight provider search and pricing technology.
In March 2018, Digital health clinic Maven, partnered with Castlight Health, which will enable Castlight customers to easily integrate Maven into their benefits platform. Castlight's unique partner ecosystem provides a two-way integration for unified and seamless user experience to Maven's complete family benefits platform.
Castlight Health Cloud Infrastructure Insights
Subscribe to read more about:
- Castlight Health Public Cloud and Infrastructure (IaaS)
- Castlight Health Platform (PaaS)
- Castlight Health Application Delivery
- Castlight Health Private Cloud and Data Centers
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).
For additional information on our methodologies, here's the link:https://www.appsruntheworld.com/About Us
Copyright © 2021, APPS RUN THE WORLD