Alight Solutions Strengths, Domain Expertise, and Key Differentiators
Alight are a provider of integrated digital human capital and business solutions. The Alight Worklife employee engagement platform provides a seamless customer experience by combining content, plus artificial intelligence ("AI") and data analytics to enable Alight's business process as a service ("BPaaS") model.Their mission-critical solutions enable employees to enrich their health, wealth and wellbeing which helps global organizations achieve a high-performance culture.
Alight Solutions Recent Developments
Alight Solutions announced the launch of Alight Digital Wallet, powered by QRaill in July 2022. This app-based solution will enable organizations to help their people meet their unique financial needs and improve their financial wellbeing with an approach to pay that offers the flexibility workers need and want.
Alight Solutions Mergers and acquisitions (M&A) Activities
On July 2, 2021, Foley Trasimene Acquisition Corp. completed the business combination with Alight Holding Company contemplated by the Business Combination Agreement between FTAC, Alight Holdings and other interested parties. On the Closing Date, pursuant to the Business Combination Agreement, FTAC became a wholly-owned subsidiary of Alight, Inc. and was renamed Alight Group, Inc.On July 2, 2021, Foley Trasimene Acquisition Corp. completed the business combination with Alight Holding Company contemplated by the Business Combination Agreement between FTAC, Alight Holdings and other interested parties. On the Closing Date, pursuant to the Business Combination Agreement, FTAC became a wholly-owned subsidiary of Alight, Inc. and was renamed Alight Group, Inc.
Alight Solutions Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Alight Solutions 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 Alight Solutions 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 Alight Worklife customers.
Alight Solutions Overview
Ownership: - NYSE: ALIT
Number of Employees: 16000
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K424, 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, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Alight Solutions Key Cloud and HCM Applications
Alight Solutions HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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.
Alight Solutions Revenue Breakdown by Type:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Alight Solutions HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
Alight Solutions HCM Applications Revenues By Verticals, $M:
Alight Solutions Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
Alight Solutions Direct vs Indirect sales
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Alight Solutions Customers - Breakdown by Geo, Size, Vertical and Product
No. of Alight Solutions Customers: 4300
No. of Alight Solutions HCM Applications Customers: 4300
No. of Alight Solutions Cloud HCM Customers: 4300
No. of Alight Solutions Cloud HCM Subscribers: 30 million
For over 25 years, Alight has been a human capital and business partner to the world’s most influential companies. Serving more than 4,300 clients and their 30 million client employees and family members, Alight helps over 70% of the Fortune 100 across five continents get more out of their benefits, payroll and HR.
Alight Solutions Market Opportunities, M&A and Geo Expansions
Alight enters into strategic partnerships with third parties to enhance and extend the capabilities of their solutions in the ordinary course of their business. In order to continue to grow their business and enhance and extend its capabilities, Alight anticipates that they will continue to depend on the continuation and expansion of their strategic partnerships with third parties.
Alight Solutions Risks and Challenges
The global spread of COVID-19 has created significant volatility and uncertainty and economic disruption. The extent to which the coronavirus pandemic impacts Alight business, operations, and financial results will depend on numerous evolving factors that they may not be able to accurately predict, including the duration and scope of the pandemic; governmental, business, and individuals’ actions that have been and continue to be taken in response to the pandemic; the impact of the pandemic on economic activity and actions taken in response; the effect on their clients and client demand for their services and solutions; their ability to sell and provide their services and solutions, including as a result of travel restrictions and people working from home; the ability of their clients to pay for services and solutions; and any closures of Alight's clients’ offices and facilities.
Alight Solutions Ecosystem, Partners, Resellers and SI
Alight delivers its solutions through a set of proprietary and partner technologies, a well-developed network of providers and a structured approach to instill and sustain enterprise-wide practices of excellence. Their solutions are supported through a highly secure and scalable cloud infrastructure, together with their core benefits processing platforms and consumer engagement tools, and integrated with over 350 external platforms and partners.
Alight Solutions Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Alight Solutions Public Cloud and Infrastructure (IaaS)
- Alight Solutions Platform (PaaS)
- Alight Solutions Application Delivery
- Alight Solutions 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:
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