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Benefitfocus Chief Technology Officer Addresses the Challenges of Big Data

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Benefitfocus, Inc. (NASDAQ:BNFT) , a leading provider of cloud-based benefits software solutions, today announced that Chief Technology Officer Don Taylor will embark on a roadshow to debate the challenges companies face to gather, store and manage big data. On May 20, Taylor will join senior executives from Decision Resources, Broadridge and Trulioo for the panel discussion “Getting the Data: Approaches to Managing Personal Data” at the 2015 MIT Sloan CIO Symposium. He’ll also be a featured speaker at {CODESHOW}SE 2015 technology conference in Charleston, S.C. His session, “Data Is the Foundation: Gathering and Storing the World’s Benefits Data,” closes out CODESHOW on May 21.

The topic for both events will focus on companies moving to a big data world, the challenges they face when acquiring new customer data, and associated problems of privacy, liability, security, and ethical considerations. Taylor will address the value of data and impact of new technologies that support big data during the benefits purchase and enrollment process.

“Today’s CIO must address not only technology requirements but also the range of legal and ethical matters that surround the capture and use of big data,” said Benefitfocus CTO Don Taylor. “The questions pervade the benefits realm, where data is highly personal and confidential. Yet, when approached properly, analytics can lead to smarter consumer decisions and better outcomes for both employees and employers. I look forward to this discussion and engaging with my fellow panelists on the best approach to big data.”

Now in its 12th year, the MIT Sloan CIO Symposium is a world class, one-day conference, held on the MIT campus. Over 700 CIOs, senior IT executives and MIT academic thought leaders will network, collaborate, and explore how innovative technologies and leading-edge research can achieve accelerated technology success.

“We are at an inflection point where CIOs are increasingly breaking free of outdated business assumptions that arose from the limits of older technologies,” said Lindsey Anderson, Chair of the 2015 MIT Sloan CIO Symposium. “Our speakers will provide insight into new modes of thinking, practice and collaboration that are required for the future of technology success. Attendees will leave with actionable tools on how to do this through digitization, improvements in technology, and through new thoughtful combinations of people, processes, and technology across a CIO’s entire enterprise.”

For more information on the MIT Sloan CIO Symposium, visit www.mitcio.com.

{CODESHOW}SE is the premier software developer conference in the Southeast featuring renowned experts for a discussion on the hottest current technologies. The 2015 conference will be held at The Charleston Museum in Charleston, S.C. and will feature the theme “Evolving the Cloud.” The keynote speaker for the event will be Cloudera founder Jeff Hammerbacher. For more information about {CODESHOW}SE, visit www.codeshowse.com.

About Benefitfocus

Benefitfocus, Inc. (NASDAQ:BNFT) is a leading provider of cloud-based benefits software solutions for consumers, employers, insurance carriers and brokers. Benefitfocus has served more than 25 million consumers on its platform that consists of an integrated portfolio of products and services enabling clients to more efficiently shop, enroll, manage and exchange benefits information. With a user-friendly interface and consumer-centric design, the Benefitfocus Platform provides one place for consumers to access all their benefits. Benefitfocus solutions support the administration of all types of benefits including core medical, dental and other voluntary benefits plans as well as wellness programs. For more information, visit www.benefitfocus.com.

About the MIT Sloan CIO Symposium

The MIT Sloan CIO Symposium is the premier global event for CIOs and senior IT executives to become better business leaders. In one day, CIOs and senior IT executives receive actionable information that enables them to meet the challenges of today’s changing global economy. The annual event offers a day of interactive learning and thought-provoking discourse on the future of technology, best practices, and business that is not available anywhere else. The MIT Sloan CIO Symposium is organized and developed by the MIT Sloan Boston Alumni Association, the MIT Initiative on the Digital Economy (IDE), and the MIT Sloan Center for Information Systems Research (CISR). Visit www.mitcio.com for more information and registration.

About the Charleston Digital Corridor Foundation

{CODESHOW}SE is brought to you by the Digital Corridor Foundation, a 501(c)6 non-profit corporation focused on diversifying Charleston’s economy through an array of innovative products, events and services targeted exclusively for the technology industry. Learn more at www.charlestondigitalcorridor.com.

Benefitfocus Forward-Looking Statement

Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: the need to innovate and provide useful products and services; changes in government regulations; the immature and volatile nature of the market for our products and services and other factors that could impact our anticipated growth; management of growth; fluctuations in our financial results; general economic risks; reliance on key personnel; our ability to compete effectively; our ability to maintain our culture and recruit and retain qualified personnel; privacy, security and other risks associated with our business; and the other risk factors set forth from time to time in our SEC filings, copies of which are available free of charge within the Investor Relations section of the Benefitfocus website at http://investor.benefitfocus.com/sec.cfm or upon request from our investor relations department. Benefitfocus assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

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