STOCK TITAN

Alight Completes Cloud Migration Transformation, Delivering Enhanced Performance and Significant Cost Savings

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Alight, Inc. (NYSE: ALIT) has successfully completed its cloud migration program, transitioning from its Lincolnshire Data Center to an AWS environment. This transformation is expected to achieve $75 million in annualized savings and significantly enhance the Alight Worklife® platform. Key results include:

1. Platform simplification: 40% reduction in servers, 60% reduction in middleware systems, and 95% reduction in operating systems.
2. Enhanced performance: 43% faster response time for Health Enrollment pages and 30% faster load time for the Alight Worklife homepage.
3. Improved availability and security: 85% increase in security control adoption and enhanced availability across three AWS locations.

This cloud-based foundation is designed to drive innovation, improve performance, and streamline infrastructure, positioning Alight to better serve its clients and their employees.

Alight, Inc. (NYSE: ALIT) ha completato con successo il suo programma di migrazione al cloud, passando dal suo Data Center di Lincolnshire a un ambiente AWS. Si prevede che questa trasformazione porti a 75 milioni di dollari di risparmi annuali e migliori significativamente la piattaforma Alight Worklife®. Tra i risultati chiave ci sono:

1. Semplificazione della piattaforma: riduzione del 40% dei server, 60% dei sistemi middleware e 95% dei sistemi operativi.
2. Presa di prestazioni migliorata: tempo di risposta più veloce del 43% per le pagine di iscrizione alla salute e tempo di caricamento più veloce del 30% per la homepage di Alight Worklife.
3. Migliorata disponibilità e sicurezza: aumento dell'85% nell'adozione dei controlli di sicurezza e disponibilità migliorata in tre località AWS.

Questa base cloud è progettata per stimolare l'innovazione, migliorare le prestazioni e semplificare l'infrastruttura, posizionando Alight per servire meglio i suoi clienti e i loro dipendenti.

Alight, Inc. (NYSE: ALIT) ha completado exitosamente su programa de migración a la nube, transicionando de su Centro de Datos de Lincolnshire a un entorno AWS. Se espera que esta transformación logre 75 millones de dólares en ahorros anuales y mejore significativamente la plataforma Alight Worklife®. Los resultados clave incluyen:

1. Simplificación de la plataforma: reducción del 40% en servidores, 60% en sistemas middleware y 95% en sistemas operativos.
2. Mejora del rendimiento: 43% más rápido el tiempo de respuesta para las páginas de Inscripción de Salud y 30% más rápido el tiempo de carga para la página de inicio de Alight Worklife.
3. Disponibilidad y seguridad mejoradas: aumento del 85% en la adopción de controles de seguridad y disponibilidad mejorada en tres ubicaciones de AWS.

Esta base basada en la nube está diseñada para impulsar la innovación, mejorar el rendimiento y optimizar la infraestructura, posicionando a Alight para servir mejor a sus clientes y sus empleados.

Alight, Inc. (NYSE: ALIT)는 클라우드 마이그레이션 프로그램을 성공적으로 완료했습니다, 링컨셔 데이터 센터에서 AWS 환경으로 전환했습니다. 이 변환은 연간 7,500만 달러의 절감 효과를 달성할 것으로 예상되며 Alight Worklife® 플랫폼을 획기적으로 개선할 것입니다. 주요 결과는 다음과 같습니다:

1. 플랫폼 단순화: 서버 40% 감소, 미들웨어 시스템 60% 감소, 운영 체제 95% 감소.
2. 성능 향상: 건강 가입 페이지의 응답 시간이 43% 빨라지고 Alight Worklife 홈페이지의 로드 시간이 30% 빨라졌습니다.
3. 개선된 가용성 및 보안: 보안 통제 채택이 85% 증가하고 AWS의 세 개 지역에서 가용성이 향상되었습니다.

이 클라우드 기반 시스템은 혁신을 촉진하고 성능을 개선하며 인프라를 간소화하도록 설계되어, Alight가 고객과 그들의 직원을 보다 잘 지원할 수 있도록 합니다.

Alight, Inc. (NYSE: ALIT) a réussi à achever son programme de migration vers le cloud, en transitionnant de son centre de données de Lincolnshire vers un environnement AWS. Cette transformation devrait permettre des économies annualisées de 75 millions de dollars et améliorer significativement la plateforme Alight Worklife®. Les résultats clés incluent :

1. Simplification de la plateforme : réduction de 40 % des serveurs, 60 % des systèmes middleware et 95 % des systèmes d'exploitation.
2. Performance améliorée : temps de réponse 43 % plus rapide pour les pages d'inscription à la santé et temps de chargement 30 % plus rapide pour la page d'accueil d'Alight Worklife.
3. Disponibilité et sécurité améliorées : augmentation de 85 % de l'adoption des contrôles de sécurité et meilleure disponibilité dans trois sites AWS.

Cette base cloud est conçue pour favoriser l'innovation, améliorer la performance et optimiser l'infrastructure, positionnant Alight pour mieux servir ses clients et leurs employés.

Alight, Inc. (NYSE: ALIT) hat erfolgreich sein Cloud-Migrationsprogramm abgeschlossen, indem es vom Data Center in Lincolnshire zu einer AWS-Umgebung gewechselt ist. Diese Transformation wird voraussichtlich 75 Millionen Dollar an jährlichen Einsparungen erzielen und die Alight Worklife®-Plattform erheblich verbessern. Wichtige Ergebnisse sind:

1. Vereinfachung der Plattform: 40% weniger Server, 60% weniger Middleware-Systeme und 95% weniger Betriebssysteme.
2. Verbesserte Leistung: 43% schnellere Reaktionszeit für die Gesundheitsanmeldeseiten und 30% schnellere Ladezeit für die Alight Worklife-Startseite.
3. Verbesserte Verfügbarkeit und Sicherheit: 85% Zuwachs an Sicherheitskontrollen und verbesserte Verfügbarkeit an drei AWS-Standorten.

Diese cloudbasierte Grundlage ist darauf ausgelegt, Innovation voranzutreiben, die Leistung zu verbessern und die Infrastruktur zu optimieren, sodass Alight seine Kunden und deren Mitarbeiter besser bedienen kann.

Positive
  • Expected to achieve $75 million in annualized savings
  • 40% reduction in the number of servers
  • 60% reduction in middleware systems
  • 95% reduction in operating systems
  • 43% faster average response time across Health Enrollment pages
  • 30% faster average load time for the Alight Worklife homepage
  • 85% increase in the adoption of security controls
  • Enhanced availability of more than 130 applications across three AWS locations
Negative
  • None.

The completion of Alight's cloud migration is a significant milestone with tangible financial benefits. The expected $75 million in annualized savings is substantial, potentially boosting the company's profitability and cash flow. This could positively impact Alight's financial health and shareholder value. The 40% reduction in servers and 60% reduction in middleware systems should lead to lower operational costs and improved margins. However, investors should monitor whether these savings materialize as projected and how they translate to the bottom line. The enhanced performance metrics, such as faster response times, could lead to improved customer satisfaction and potentially higher retention rates, which are important for recurring revenue models.

Alight's cloud migration to AWS represents a major technological leap forward. The 95% reduction in operating systems and migration of nearly 300 applications showcase a significant streamlining of their IT infrastructure. This modernization should enable greater agility, scalability and innovation capabilities. The 43% faster average response time for Health Enrollment pages and 30% faster load time for the homepage are impressive improvements that directly enhance user experience. The 85% increase in security control adoption is important in today's cybersecurity landscape. However, it's important to note that cloud migrations can be complex and there might be unforeseen challenges or integration issues that could arise in the short term.

Alight's cloud migration positions the company competitively in the human capital technology services market. The enhanced Alight Worklife platform, with its integrated health, wealth and leaves benefits, addresses the evolving needs of the modern workforce. The improved infrastructure could lead to faster innovation cycles and quicker implementation times, potentially accelerating market share gains. The platform's simplification and performance improvements may resonate well with both employers and employees, potentially driving higher adoption rates. However, the success of this initiative will ultimately depend on how well Alight capitalizes on these technological improvements to differentiate its offerings and capture market share in a competitive landscape.

--Alight's new cloud-based foundation creates a connected ecosystem that drives innovation, enhances availability and security, and improves performance, all within a streamlined infrastructure

--The transition is expected to achieve $75 million annualized savings

CHICAGO--(BUSINESS WIRE)-- Alight, Inc. (NYSE: ALIT), a leading cloud-based and human capital technology services provider, announced the successful completion of its cloud migration program, including the full decommissioning of its Lincolnshire Data Center to an AWS environment.

This milestone marks the culmination of Alight’s cloud transformation initiative, resulting in a simplified and more efficient Alight Worklife® platform and is expected to achieve $75 million in annualized savings.

Alight Worklife was designed to meet the needs of the modern workforce, cutting down on complexity by integrating health, wealth and leaves benefits into one platform. With the completion of the cloud migration program, the platform now operates on an improved infrastructure with greater efficiency and amplifies many of its advantages including speed to innovation, quicker implementation and greater automation. These key attributes strengthen the power of Alight Worklife and empower employees to make more informed benefits decisions and give employers a competitive edge in their benefits strategy.

Key results from the cloud migration program include:

Platform simplification: Including a 40% reduction in the number of servers and a 60% reduction in middleware systems. Additionally, there was a 95% reduction in operating systems with a migration of nearly 300 applications and the sunsetting of more than 190 applications.

Enhanced performance: Including a 43% faster average response time across Health Enrollment pages and a 30% faster average load time for the Alight Worklife homepage.

Improved availability and security: Including an 85% increase in the adoption of security controls and the enhanced availability of more than 130 applications across three AWS locations.

“By completing our cloud migration during the first half of 2024, we are well positioned to deliver enhanced performance and increased capacity across the Alight Worklife platform,” said Greg Goff, President, Alight Solutions. “These investments are driving an all-important enhanced user experience which is critical in advancing how we serve our clients and their people.”

About Alight Solutions

Alight is a leading cloud-based human capital technology and services provider for many of the world’s largest organizations. Through the administration of employee benefits, Alight powers confident health, wealth, leaves and wellbeing decisions for 35 million people and dependents. Our Alight Worklife® platform empowers employers to gain a deeper understanding of their workforce and engage them throughout life’s most important moments with personalized benefits management and data-driven insights, leading to increased employee wellbeing, engagement and productivity. Learn how Alight unlocks growth for organizations of all sizes at alight.com

Forward-looking statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to our cloud migration program and its expected benefits, expectations for our business, and other non-historical statements. In some cases, these forward-looking statements can be identified by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties including, among others, those described in the forward-looking statements can be found under the section entitled “Risk Factors” of Alight’s most recent Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the "SEC") on February 29, 2024, and in the Quarterly Report on Form 10-Q filed with the SEC on May 8, 2024, as such factors may be updated from time to time in Alight's filings with the SEC, which are, or will be, accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be considered along with other factors noted in this presentation and in Alight’s filings with the SEC. Alight undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

Mariana Fischbach

mariana.fischbach@alight.com

Source: Alight Solutions

FAQ

What is the expected annual cost savings from Alight's (ALIT) cloud migration?

Alight (ALIT) expects to achieve $75 million in annualized savings from its completed cloud migration program.

How has Alight's (ALIT) cloud migration improved platform performance?

Alight's (ALIT) cloud migration has resulted in a 43% faster average response time across Health Enrollment pages and a 30% faster average load time for the Alight Worklife homepage.

What are the key results of Alight's (ALIT) cloud migration program?

Key results include platform simplification with reduced servers and middleware systems, enhanced performance with faster response times, and improved availability and security across multiple AWS locations.

How has Alight's (ALIT) cloud migration affected its security measures?

Alight's (ALIT) cloud migration has led to an 85% increase in the adoption of security controls, enhancing the overall security of its platform.

Alight, Inc.

NYSE:ALIT

ALIT Rankings

ALIT Latest News

ALIT Stock Data

3.88B
535.34M
5.33%
106.67%
6.77%
Software - Application
Services-business Services, Nec
Link
United States of America
LINCOLNSHIRE