Businessolver Strengths, Domain Expertise, and Key Differentiators
Businessolver delivers benefits administration technology that maximizes benefit investment, minimizes risk, and engages employees in making wise and cost-efficient benefit selections.
Businessolver Recent Developments
In 2018, Businessolver, expanded its national presence and talent pool with a new office located in the Dallas, TX. Futhermore, Businessolver continues to enhance its service offerings with the newly opened eastern Louisville, Kentucky office concentrating on delivering these services integrated with the Benefitsolver benefits administration platform to further streamline consumer accounts for clients and their employees. With a few key employees currently in place, the plan is to grow this office throughout the balance of 2018 with continued expansion in 2019. Businessolver also opened a satellite office in Iowa City, dedicated to its Participant Services and Client Services teams
Businessolver Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD ask the simple question: Who’s buying Businessolver 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 Businessolver 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 Benefitsolver, customers.
Ownership: - x
Number of Employees: 950
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil and Gas, Professional Services, Retail, Transportation, Utility,
Businessolver Key Cloud and HCM Applications
Businessolver HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2017||2018||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.
Businessolver Revenue Breakdown by Type:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Businessolver HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2018 HCM Revenues, By Sub-Functional Markets, $M
Businessolver HCM Applications Revenues By Verticals, $M:
Businessolver Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2018 Total Revenues, $M||2018 HCM Applications Revenues, $M|
Businessolver Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Businessolver Customers - Breakdown by Geo, Size, Vertical and Product
No. of Businessolver Customers: 600
No. of Businessolver HCM Applications Customers: 600
No. of Businessolver Cloud HCM Customers: x
No. of Businessolver Cloud HCM Subscribers: x
Among Businessolver 600+ customers are Mercer, Wells Fargo, Health e(Fx), Principal Financial Group and others. Among Businessolver 600+ customers are Mercer, Wells Fargo, Health e(Fx), Principal Financial Group and others.
Businessolver Market Opportunities, M&A and Geo Expansions
In March 2018, Businessolver announced a strategic collaboration with Transamerica, a leading provider of insurance, retirement, and investment solutions, to offer integrated enrollment in retirement plans alongside employer-provided medical and voluntary benefits on the Benefitsolver platform.
Businessolver Risks and Challenges
In May 2018, Businessolver hired six senior-level roles focused on providing clients exceptional service, continued platform innovation, and operational excellence as it continues to expand its footprint across the U.S. With the government changing hands, benefits administration could be a moving target for 2018 and Businessolver may be in a good position to help steer its customers. Still, volatility is not something its customers are accustomed to after years of fairly predictable moves from the government.
Businessolver Ecosystem, Partners, Resellers and SI
Among Businessolver partners are Benefit Science Technologies, Cornerstone, Discovery Benefits, Flimp, GuideSpark, Healthcare Bluebook, Seyfarth Shaw SoFi.
Businessolver Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Businessolver Public Cloud and Infrastructure (IaaS)
- Businessolver Platform (PaaS)
- Businessolver Application Delivery
- Businessolver 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:
Copyright © 2019, APPS RUN THE WORLD