Winston Benefits Strengths, Domain Expertise, and Key Differentiators
Winston Benefits provides a suite of integrated benefit management tools, tailored to meet the unique business needs of its customers. By offering a range of employee engagement tools, they ensure a holistic approach to benefits administration.
Winston Benefits's proprietary SaaS-based benefits technology, HRAllyâ„¢, has been at the forefront of automating the benefits enrollment process. This technology-driven approach demonstrates their commitment to staying ahead in the rapidly evolving IT landscape.
Focusing solely on the US market allows Winston Benefits to concentrate its efforts and resources to deliver targeted solutions that cater to the specific needs of US-based employers.
Winston Benefits Recent Developments
In June 2021, Winston Benefits partnered with BrightDime, a vendor in financial wellness. Winston Benefits's clients will have access to highly sought-after financial wellness benefits for their employees.
Winston Benefits Mergers and acquisitions (M&A) Activities
In October 2021, Brown & Brown acquired Winston Benefits. The company will continue to operate as Winston Benefits from their offices in New Jersey under the leadership of Colin and Curran Bradley. Winston Benefits provided the Brown & Brown employee benefits practice with benefits administration technology platform and call center to enhance the experience for its employee benefits customers.
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: 150
Functional Market: Benefits Administration, Compliance, Compensation,
Key Verticals: Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, 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,
Winston Benefits Key Cloud and HCM Applications
HRally
Winston Benefits HCM and Cloud HCM Applications Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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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 | 2023 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 | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe |
Winston Benefits Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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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
Winston Benefits services more than 80 clients and 1.2 million benefits plan participants, showcasing the scale of its customer base and the significant impact it has on employee benefits administration in the US. Furthermore, the company's partnerships with brokers allow them to cater to a broader customer segment and strengthen their market presence.
Winston Benefits Market Opportunities, M&A and Geo Expansions
With the rapid adoption of Cloud, IoT, AI, and ML technologies in the IT industry, there are ample opportunities for Winston Benefits to enhance their benefits technology platform further. Leveraging AI and ML could provide personalized benefits recommendations to employees, resulting in increased employee engagement and satisfaction.
While Winston Benefits primarily focuses on the US market, exploring expansion opportunities in international markets could unlock new growth prospects and establish them as a global player in employee benefits technology.
Winston Benefits Risks and Challenges
Integrating the acquired technology and aligning organizational cultures between Brown & Brown and Winston Benefits might present internal challenges. Effective communication and seamless collaboration would be critical to ensure the success of this integration.
The employee benefits technology landscape is highly competitive, with new players and innovative solutions constantly emerging. Winston Benefits must stay vigilant and continue to innovate to maintain its competitive edge.
Winston Benefits Ecosystem, Partners, Resellers and SI
Winston Benefits has primarily direct sales.
Winston Benefits Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Winston Benefits Public Cloud and Infrastructure (IaaS)
- Winston Benefits Platform (PaaS)
- Winston Benefits Application Delivery
- Winston Benefits Private Cloud and Data Centers
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
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