Empyrean Benefit Solutions, Inc. Among Apps Top 500

Empyrean Benefit Solutions, Inc. Strengths, Domain Expertise, and Key Differentiators

Empyrean Benefit Solutions manages employee health and welfare benefits programs, combining the industry’s most modern, client-adaptive, and configurable benefits technology platform with expert, responsive service to deliver Hi-Touch Benefits Administration.

Empyrean Benefit Solutions, Inc. Recent Developments

In October 2021, Empyrean benefits administration technology platform and service provider launch his new website and brand messaging aligned with the organization’s mission to help employers create positive workplace cultures by connecting their employees to life-enriching benefits. Empyrean’s new brand message makes a strong connection between the role benefits play in building a company’s culture and positive organizational outcomes tied to total employee health and wellness. The brand strategy reflects Empyrean’s product roadmap, as the company continues to develop and roll out employee-centric technologies and services along with strategic carrier and service partnerships designed to improve employee experiences and strengthen employer brands.

Empyrean Benefit Solutions, Inc. Mergers and Acquisitions (M&A) Activities

In Novembar 2019, Securian Financial Group, Inc. signed a definitive agreement to acquire Empyrean Benefit Solutions, a provider of employee benefits enrollment and human resources administration solutions. Empyrean will remain an independently operated organization,

Empyrean Benefit Solutions, Inc. Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Empyrean Benefit Solutions, Inc. 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 Empyrean Benefit Solutions, Inc. 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 Empyrean Benefit customers.

Empyrean Benefit Solutions, Inc. Key Enterprise and Cloud Applications

Empyrean Benefit

Empyrean Benefit Solutions, Inc. Revenues, $M:

Type/Year	2020	2021	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.

Empyrean Benefit Solutions, Inc. Revenue Breakdown By Type, $M:

Empyrean Benefit Solutions, Inc. Enterprise Applications Revenues By Functional Markets, $M:

Split by Functional Markets	% of Total Revenues	2021 Enterprise Apps Revenues, By Functional Markets, $M
Analytics and BI	Subscribe	Subscribe
Collaboration	Subscribe	Subscribe
Content Management	Subscribe	Subscribe
Customer Relationship Management	Subscribe	Subscribe
eCommerce	Subscribe	Subscribe
Enterprise Performance Management	Subscribe	Subscribe
ERP Financial Management	Subscribe	Subscribe
ERP Services and Operations Management	Subscribe	Subscribe
Human Capital Management	Subscribe	Subscribe
IT Service Management	Subscribe	Subscribe
PLM/Engineering	Subscribe	Subscribe
Project Portfolio Management	Subscribe	Subscribe
Procurement	Subscribe	Subscribe
Sales Performance Management	Subscribe	Subscribe
Supply Chain Management	Subscribe	Subscribe
Treasury and Risk Management	Subscribe	Subscribe
Total	Subscribe	Subscribe

Empyrean Benefit Solutions, Inc. Enterprise Applications Revenues By Verticals, $M:

Split by Verticals	% of Total Revenues	2021 Enterprise Apps Revenues, By Verticals, $M
Aerospace and Defense	Subscribe	Subscribe
Automotive	Subscribe	Subscribe
Banking and Financial Services	Subscribe	Subscribe
Communication	Subscribe	Subscribe
Construction and Real Estate	Subscribe	Subscribe
Consumer Packaged Goods	Subscribe	Subscribe
Distribution	Subscribe	Subscribe
Education	Subscribe	Subscribe
Government	Subscribe	Subscribe
Healthcare	Subscribe	Subscribe
Insurance	Subscribe	Subscribe
Leisure and Hospitality	Subscribe	Subscribe
Life Sciences	Subscribe	Subscribe
Manufacturing	Subscribe	Subscribe
Media	Subscribe	Subscribe
Non Profit	Subscribe	Subscribe
Oil, Gas and Chemicals	Subscribe	Subscribe
Professional Services	Subscribe	Subscribe
Retail	Subscribe	Subscribe
Transportation	Subscribe	Subscribe
Utilities	Subscribe	Subscribe
Total	Subscribe	Subscribe

Empyrean Benefit Solutions, Inc. Revenues By Region, $M

Region	% of Total Revenues	2021 Total Revenues, $M	2021 Enterprise Applications Revenues, $M	2021 Cloud Applications Revenues, $M
Americas	Subscribe	Subscribe	Subscribe	Subscribe
EMEA	Subscribe	Subscribe	Subscribe	Subscribe
APAC	Subscribe	Subscribe	Subscribe	Subscribe
Total	Subscribe	Subscribe	Subscribe	Subscribe

Empyrean Benefit Solutions, Inc. Direct vs Indirect sales

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

Empyrean Benefit Solutions, Inc. Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Empyrean Benefit Solutions, Inc. Customers

No. of Empyrean Benefit Solutions, Inc. Customers: 400

No. of Empyrean Benefit Solutions, Inc. Enterprise Applications Customers: x

No. of Empyrean Benefit Solutions, Inc. Cloud Customers: x

No. of Empyrean Benefit Solutions, Inc. Cloud Subscribers: 3.6 million

Empyrean Benefit has over 400 clients and 3,000,000 participants on the Empyrean Platform.

Empyrean Benefit Solutions, Inc. Market Opportunities, M&A and Geo Expansions

In June 2019, Empyrean Benefit Solutions launched Empyrean Pilot+, a product-line extension that helps businesses and their employees make better benefits decisions and save money throughout the entire year. Empyrean Pilot+ employs fully integrated data from enrollment to utilization and performs advanced analytics so that the employees can realize cost savings in their doctor visits, prescriptions, procedures, and other care needs.

In March 2019, Empyrean Benefit Solutions launched Empyrean Pilot, leverages over a decade of decision-making data and analytics to guide the employees and make smarter and more confident benefit choices – going beyond medical, dental, and vision coverage to also include voluntary options such as critical illness, hospital indemnity, and accident insurance. During enrollment on the Empyrean Platform, employees receive comprehensive benefits package recommendations based on their demographics, behaviors, risk, and financial needs.

Empyrean Benefit Solutions, Inc. Risks and Challenges

Expanding worldwide is going to be a challenge for Empyrean.

Empyrean Benefit Solutions, Inc. Ecosystem, Partners, Resellers and SI

In August 2019 Empyrean Benefit Solutions, Inc sign a strategic partnership with Benefits Science Technologies (BST). The new partnership provides Empyrean’s clients a leading capability to distill, analyze, and predict the effectiveness of healthcare-related benefit plans they offer.

In May 2019, Empyrean Benefit Solutions finalized the long term lease for its Houston headquarters to remain at its current location. The company moved to the Westchase-area offices as a temporary measure after its prior location was impacted by Tropical Storm Harvey in 2017. In addition to its Houston office, Empyrean has fully operational service centers near Nashville in La Vergne, Tennessee, and in Minneapolis, Minnesota. Empyrean Benefit Solutions partners are Voya, Sun Life Financials, MetLife, Guardian, Unum, BlueCross BlueShield, eyemed, hsabank, ARAG, KROWOFIT, OptumBank, LifeLock, and many others.

Empyrean Benefit Solutions, Inc. Cloud Infrastructure Insights

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• Empyrean Benefit Solutions, Inc. Public Cloud and Infrastructure (IaaS)
• Empyrean Benefit Solutions, Inc. Platform (PaaS)
• Empyrean Benefit Solutions, Inc. Application Delivery
• Empyrean Benefit Solutions, Inc. Private Cloud and Data Centers

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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