Buck Global Strengths, Domain Expertise, and Key Differentiators
Buck is an integrated HR and benefits consulting, administration, and technology services provider. The bEngaged platform allows companies to customize their employee experience and deliver a hyper-personalized service. Through bEnabled, Buck helps customers deliver a modern, affordable, and high-performing benefits administration experience that empowers informed decision-making, improves outcomes, and builds trust. bEquipped, analytics solution, enable companies to make smarter decisions, faster.
Buck Global Recent Developments
In April 2021, Buck launched its environmental, social, and governance (“ESG”) dashboard for U.K. pension schemes. In addition to showcasing scheme-specific ESG data, the dashboard will allow schemes to begin meeting the compliance requirements set out in the Pensions Schemes Act 2021, which passed into law on 11th February 2021.
A couple of days before the ESG Dashboard announcement, Buck launched its Delta+™ platform in the U.K. to help employers improve employee engagement, productivity, and efficiency in the ongoing administration of their benefits programmes.
In 2019, Buck launched digital workforce solution suite, the new portfolio encompasses three distinct service offerings: bEngaged, provides a single interface that gathers data from multiple client systems; bEnabled, provides tools for end users to make informed decisions on their benefits and rewards programs, and bEquipped, which offers employers an aggregated view of its people analytics, spanning financial, workforce, healthcare, diversity, and engagement data.
Buck Global Mergers and acquisitions (M&A) Activities
In May 2021, Buck acquired strategic employee communications firm, Caburn Hope. After a transition period, the organisation will form part of Buck’s existing communications consultancy in the U.K., Concert, a Buck company. As part of the company’s growth and commitment to providing top-level services to clients, in 2021 Buck expanded its member engagement offering with the acquisition of Concert Consulting, a digitally-focused pensions and employee benefits communications firm, in November 2020. The addition of the team, now named Concert, a Buck company, offers Buck clients access to a market-leading strategic communications consultancy, alongside its existing services and solutions. Combining both organic and acquisitional growth, Buck increased its U.K. headcount by 8.5% over the course of the last year to 734 colleagues.
In 2018, Buck was acquired by H.I.G.Capital, a private equity investment firm, from Conduent, Inc.
Buck Global Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Buck Global 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 Buck Global 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 bEnagaged, bEnabled, bEquipped customers.
Buck Global Overview
Ownership: - H.I.G. Capital
Number of Employees: 2300
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Buck Global Key Cloud and HCM Applications
bEnagaged, bEnabled, bEquipped
Buck Global HCM and Cloud HCM Applications Revenues, $M:
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* 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.
Buck Global Revenue Breakdown by Type:
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Buck Global HCM Applications Revenues By Sub-Functional Markets, $M:
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Buck Global HCM Applications Revenues By Verticals, $M:
Buck Global Total and HCM Applications Revenues by Region:
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Buck Global Direct vs Indirect sales
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Buck Global Customers - Breakdown by Geo, Size, Vertical and Product
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No. of Buck Global HCM Applications Customers: x
No. of Buck Global Cloud HCM Customers: x
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In May 2021, Buck was selected by Blue Cross and Blue Shield of Arizona (BCBSAZ) to provide a range of retirement, actuarial, and Other Post-Employment Benefits (OPEB) consulting services. BCBSAZ offers health insurance and related services to more than 1.9 million customers.
Since launching as an independent business in August 2018, Buck has seen a strong demand for its services across retirement, investment consulting, pensions administration, and employee benefits with 36 new clients won over the course of 2019, including BASF, Visa (U.K.), Tokio Marine Kiln, and WCF. Clients consistently cited innovative technology solutions and superior member experience as reasons Buck was selected.
Buck Global Market Opportunities, M&A and Geo Expansions
In September 2021, – Buck announced the official formation of its U.S. public sector group, including new hires and the promotion of several key leaders. The public sector group will bring together cross practice teams with deep experience in serving the health, wealth, communications, and compliance needs of Buck’s clients.
In June 2021, Buck, completed a £50 million buyout transaction for the Cambridge-based, Ridgeon Group Pension and Life Assurance Scheme. The transaction secures the benefits for approximately 230 pensioners and 300 deferred members.
In September 2020, Buck completed the expansion of its Benefits Outsourcing Center of Excellence (BOCOE) in Fort Wayne, Indiana. The BOCOE was opened in 2019 to provide industry-leading employee benefit administration co-sourcing and outsourcing solutions
In July 2019, Buck launched Stride, its market-leading actuarial, investment, and risk monitoring online application for defined benefit (DB) pensions scheme trustees and company sponsors. Stride has been developed in direct response to feedback from trustees and sponsors who increasingly want immediate access to a solution that quickly assesses and identifies how a scheme is performing against key objectives.
Buck Global Risks and Challenges
Buck's revenue depends on services.
Buck Global Ecosystem, Partners, Resellers and SI
Buck has global presence through its consulting services, and partnerships.
Buck Global Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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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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