Winston Benefits Strengths, Domain Expertise, and Key Differentiators
Winston Benefits stands out with its unique HRally® technology, which offers an integrated solution for benefits management, providing easy access for both administrators and employees. With decades of experience in the industry, the company has built trust with its clients through its long-standing presence in the market. By focusing on the U.S. market, they are able to direct their efforts toward meeting the specific needs of U.S.-based employers, delivering tailored solutions. Furthermore, their commitment to quality service is reflected in the high level of customer satisfaction, which is a significant advantage for the company. Partnerships, such as with BrightDime, enhance their offering by adding financial wellness services, further increasing the value of their benefits management solutions.
Winston Benefits Recent Developments
In 2024, Winston Benefits introduced a new workforce engagement management tool through Five9 for their Call Center, aiming to enhance agent performance, efficiency, and customer satisfaction.
Winston Benefits Mergers and acquisitions (M&A) Activities
No M&A activities in the last 12 months.
Winston Benefits Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Winston Benefits 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 Winston Benefits 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 HRally customers.
Winston Benefits Overview
Ownership: - x
Number of Employees: 190
Functional Market: Benefits Administration, Compliance, Compensation Management,
Key Verticals: Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
Winston Benefits Key Cloud and HCM Applications
HRally
Winston Benefits HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| 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.
Winston Benefits Revenue Breakdown by Type:
Winston Benefits HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2024 HCM Revenues, By HR Segment, $M | |
Winston Benefits HCM Applications Revenues By Verticals, $M:
Winston Benefits Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Winston Benefits Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Winston Benefits Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Winston Benefits Customers
No. of Winston Benefits Customers: 80
No. of Winston Benefits HCM Applications Customers: 80
No. of Winston Benefits Cloud HCM Customers: x
No. of Winston Benefits Cloud HCM Subscribers: x
Their clientele includes over 80 clients and more than 1.2 million participants in benefits plans. The clients come from various industries, including healthcare, retail, and services, and are located across the entire U.S. For example, among their clients are companies like Teva Pharmaceuticals, Fresh Direct Holdings, and Montefiore Medical Center.
The company focuses on mid-sized and large organizations, with a minimum employee count of 400, which indicates their ability to manage complex benefits needs.
Winston Benefits Market Opportunities, M&A and Geo Expansions
Winston Benefits, with its strong position in the U.S. market, has the potential to leverage the latest technologies such as Artificial Intelligence (AI) and Machine Learning (ML) for further growth and development. Integrating these technologies into their benefits platform could result in personalized recommendations for employees, leading to increased engagement and satisfaction.
While the company has focused on the U.S. market so far, exploring opportunities for expansion into international markets could open new growth prospects. This would position the company as a global leader in employee benefits technology.
Furthermore, investments in research and development, as well as technological upgrades, are key to maintaining competitiveness. These investments will allow the company to stay ahead of rapid industry changes and meet the needs of modern employees.
Overall, to continue its growth and development, Winston Benefits should focus on innovation, embracing new technologies, and forming strategic partnerships, which will allow them to adapt to changing market demands and strengthen their position in the industry.
Winston Benefits Risks and Challenges
Winston Benefits faces risks related to the integration following its acquisition by Brown & Brown, which may present challenges in aligning technology and cultures. The employee benefits technology market is highly competitive, so the company needs to innovate to maintain its competitiveness. The rapid adoption of new technologies poses risks to data security, and reliance on third parties could affect service quality. To successfully address these risks, the company must invest in integration, security, and partner management.
Winston Benefits Ecosystem, Partners, Resellers and SI
Winston Benefits has primarily direct sales.
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:
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
