Discover the latest software purchases and digital transformation initiatives being undertaken by Lundbeck and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 6000 Lundbeck employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Lundbeck has purchased the following applications: Rydoo Expense (ex Xpenditure) for Expense Management in 2018, Benefitfocus Marketplace for Benefits Administration in 2016, SAP Ariba for Procurement in 2015 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Lundbeck is running and its propensity to invest more and deepen its relationship with Rydoo, Benefitfocus, SAP or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Lundbeck revenues, which have grown to $2.76 billions in 2019, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Lundbeck intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
About the Customer
Lundbeck is a global pharmaceutical company highly committed to improving the quality of life of people living with psychiatric and neurological disorders. For this purpose, Lundbeck is engaged in the research, development, production, marketing, and sale of pharmaceuticals across the world.
The company’s products are targeted at disease areas such as depression, schizophrenia, Parkinson’s disease, and Alzheimer’s disease.
Scope and Challenges
Benefitfocus a leading provider of cloud-based benefits management software, on Nov. 1, 2016, announced that Lundbeck’s U.S. affiliate selected BENEFITFOCUS Marketplace, including BENEFITFOCUS Core Analytics and Benefitstore by Benefitfocus to deliver a more personalized year-round benefits experience for its U.S. employees.
The Benefitfocus Marketplace facilitates ongoing personalized communications from Lundbeck benefits administrators to employees while also helping to eliminate waste and rework by integrating data between its providers and HRIS systems more efficiently and precisely.
Outcome and Implications
With this service, Lundbeck’s team will be able to enroll in their benefits with the speed and ease of shopping online for any consumer product—at a desktop or on a mobile device.
For example, the Benefitfocus Platform presents to each Lundbeck associate—based on his or her unique profile and available past claims—the most fitting combination of health and voluntary benefits, from which associates can easily compare coverage and costs and then enroll.
For added convenience, certified benefits specialists from the BENEFITFOCUS Benefits Service Center will be on call to assist Lundbeck associates.
“It’s an honor to be selected to support the associates at Lundbeck in their noble effort to help people with psychiatric and neurological disorders lead better lives. As the complexity of benefits and regulatory compliance increases, we continue our commitment to technological innovation that supports companies like Lundbeck, in helping their associates lead better lives,” said Benefitfocus CEO Shawn Jenkins.
|Vendor||Old Product||New Product||Category||Market||Users||VAR/SI||When||Live|
|Benefitfocus||Legacy Applications||Benefitfocus Marketplace||Benefits Administration||HCM||n/a||n/a||2016||2017|
|Subscribe||Subscribe||Subscribe||Expense Management||ERP Financial Management||Subscribe||Subscribe||2018||2018|
|Subscribe||Subscribe||Subscribe||Expense Management||ERP Financial Management||Subscribe||Subscribe||2006||2006|
|Subscribe||Subscribe||Subscribe||ERP Financial||ERP Financial Management||Subscribe||Subscribe||2002||2002|
|First Name||Last Name||Title||Phone|
|Subscribe||Subscribe||Vice President, Group Finance||Subscribe||Subscribe|
|Subscribe||Subscribe||CPO, Group Sourcing||Subscribe||Subscribe|
|Subscribe||Subscribe||EVP, Corporate Functions||Subscribe||Subscribe|
|Subscribe||Subscribe||VP Finance & Administration||Subscribe||Subscribe|
|Subscribe||Subscribe||Director, HR Business Partners and Talent Management||Subscribe||Subscribe|
|Subscribe||Subscribe||Senior Vice President - Supply Chain & Facility Management||Subscribe||Subscribe|
|Subscribe||Subscribe||Senior Director, Direct & R&D, Group Sourcing||Subscribe||Subscribe|
|Subscribe||Subscribe||Category Manager - Marketing, Travel & Transportation||Subscribe||Subscribe|
|Subscribe||Subscribe||Senior Director, People & Organizational Development||Subscribe||Subscribe|
|Subscribe||Subscribe||Meeting Planning Manager||Subscribe||Subscribe|
|Subscribe||Subscribe||Manager of Operations||Subscribe||Subscribe|
|Subscribe||Subscribe||Sr Human Resources Business Partner||Subscribe||Subscribe|
|Subscribe||Subscribe||Senior Director / Quality Assurance Global Supply Chain||Subscribe||Subscribe|
|Subscribe||Subscribe||Head of Business Service Centre||Subscribe||Subscribe|