Choicelinx, a CIGNA HealthCare Company Among HCM Top 500 Software Vendors

Choicelinx, a CIGNA HealthCare Company Recent Developments

Choicelinx takes the hassle out of managing benefits with online enrollment and administration technology designed to save employers time and optimize plan participation. The key product at Choicelinx is Benefits Insight, a proprietary HR Administration portal with an adjacent Employee Online Enrollment system. The HR Administrator portal helps staff to run reports, monitor enrollments and manage administration of benefits. Online enrollments with embedded decision support help employees make complex benefit decisions and feel confident in their selections.

Choicelinx, a CIGNA HealthCare Company M&A Activities

CIGNA HealthCare Acquired Choicelinx in 2005.

Choicelinx, a CIGNA HealthCare Company Overview

Ownership: - x

Employees: 60

Functional Market: Benefits Administration,

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, Utilities,

Choicelinx, a CIGNA HealthCare Company Key Cloud & HCM Applications

Benefits Insight,

SCORES Analysis

Choicelinx, a CIGNA HealthCare Company Strengths

Choicelinx takes the hassle out of managing benefits with online enrollment and administration technology designed to save employers time and optimize plan participation. The key product at Choicelinx is Benefits Insight; a proprietary HR Administration portal with an adjacent Employee Online Enrollment system. The HR Administrator portal helps staff to run reports, monitor enrollments and manage administration of benefits. Online enrollments with embedded decision support help employees make complex benefit decisions and feel confident in their selections.

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Key differentiators
Domain Expertise
Product portfolio
Solution scope

Choicelinx, a CIGNA HealthCare Company HCM & Cloud HCM Applications Revenues, $M:

Type/Year	2016	2017	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.

Choicelinx, a CIGNA HealthCare Company Revenue Breakdown by Type:

Type	License	Services	Hardware	Support & Maintenance	SaaS
% of Total Revenues	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe
Revenues, $M	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe

Choicelinx, a CIGNA HealthCare Company HCM Applications Revenues By Sub-Functional Markets, $M:

Split by Sub-Functional Markets		%	2017 HCM Revenues, By Sub-Functional Markets, $M
Core HR and Performance Management	Benefits Administration	Subscribe	Subscribe
	Compliance	Subscribe	Subscribe
	Core HR and Personnel Management	Subscribe	Subscribe
	Payroll	Subscribe	Subscribe
	Pension Administration	Subscribe	Subscribe
	Compensation Management	Subscribe	Subscribe
	Learning and Development	Subscribe	Subscribe
	Performance and Goal Management	Subscribe	Subscribe
	Succession and Leadership Planning	Subscribe	Subscribe
Talent Acquisition	Applicant Tracking Systems	Subscribe	Subscribe
	Contingent Labor Management	Subscribe	Subscribe
	Marketing (Attract and Engage)	Subscribe	Subscribe
	Onboarding	Subscribe	Subscribe
	Recruiting	Subscribe	Subscribe
	Sourcing	Subscribe	Subscribe
Workforce Management	Absence and Leave Management	Subscribe	Subscribe
	Fatigue Management	Subscribe	Subscribe
	Task Management	Subscribe	Subscribe
	Time & Attendance	Subscribe	Subscribe
	Time Clock (Hardware)	Subscribe	Subscribe
	Workforce Scheduling	Subscribe	Subscribe
	Workforce Analytics	Subscribe	Subscribe

Choicelinx, a CIGNA HealthCare Company HCM Applications Revenues By Verticals, $M:

Split by Verticals	% of Total Revenues	2017 HCM 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
Utilites	Subscribe	Subscribe
Total	Subscribe	Subscribe

Choicelinx, a CIGNA HealthCare Company Total & HCM Applications Revenues by Region:

Region	% of Total Revenues	2017 Total Revenues, $M	2017 HCM Applications Revenues, $M
Americas	Subscribe	Subscribe	Subscribe
EMEA	Subscribe	Subscribe	Subscribe
APAC	Subscribe	Subscribe	Subscribe
Total	Subscribe	Subscribe	Subscribe

Choicelinx, a CIGNA HealthCare Company Direct vs Indirect sales

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

Choicelinx, a CIGNA HealthCare Company Customers

No. of Customers: Subscribe

No. of HCM Applications Customers: Subscribe

No. of Cloud HCM Customers: Subscribe

No. of Cloud HCM Subscribers: Subscribe

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Reference wins across regions
Customer Size segments
Customer wins momentum

Choicelinx, a CIGNA HealthCare Company Opportunities

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Market Opportunities at the vertical and subvertical levels
Mergers and Acquisitions (M&A), Funding
Geo Expansions

Choicelinx, a CIGNA HealthCare Company Risks

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Ability to handle internal and external risk and challenges

Choicelinx, a CIGNA HealthCare Company Ecosystem

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Health of ecosystem
Network Effects of BPO, ISV, SI
VAR Partners
Direct vs Indirect sales

Choicelinx, a CIGNA HealthCare Company Cloud Platform (PaaS) & Infrastructure (IaaS) Details

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Cloud Infrastructure (IaaS)
Cloud Platform (PaaS)
Cloud Application delivery (SaaS)
Data Center (Hosting)

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).

For additional information on our methodologies, here's the link:

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