2007-05-21 Cornerstone Receives Positive Rating in Leading Analyst Firm's Employee Performance Management Software Marketscope
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Santa Monica, CA, May 21, 2007Cornerstone OnDemand, Inc., the only proven provider of integrated, on-demand talent management solutions and services, today announced that the Company received a “Positive” rating in Gartner’s “MarketScope for Employee Performance Management Software, 2007.”1 Cornerstone believes Gartner’s “Positive” assessment reflects Cornerstone’s continued momentum in the fast-growth performance and talent management market. The criteria used by Gartner to evaluate the 28 vendors in the Employee Performance Management (EPM) MarketScope include marketing strategy, product development strategy, business model, product/service offering, overall viability, sales execution and customer experience.

 

 “As indicated in the report, the EPM market is highly competitive and we view this Positive rating as validation of our continued growth and strong position in the performance and talent management market,” said Adam Miller, President and CEO, Cornerstone OnDemand. “Moreover, Gartner expanded this year’s MarketScope to include succession planning and compensation management, in addition to employee performance management. We believe this move is a reflection of the growing market trend toward more integrated solutions that drive real business impact.”

 

Cornerstone OnDemand provides comprehensive software and services for employee performance management and succession planning, including automated performance reviews, SMART goal setting and alignment, competency assessments, and career development plans, among many other functions. Cornerstone also provides a market-leading learning management system, and the company was recently recognized by Bersin & Associates as a customer satisfaction and loyalty leader for their LMS products and services.

 

About Cornerstone OnDemand, Inc.
Cornerstone OnDemand helps organizations to empower their people and optimize workforce productivity by offering a comprehensive suite of talent management solutions for learning, performance, compensation, succession and compliance management, as well as robust reporting and analytics. Cornerstone also provides over 30,000 pre-integrated training titles. The Company’s multi-tenant, multi-user software as a service (SaaS) architecture provides customers with rapid deployments, minimal IT costs, flexibility, reliability and a lower total cost of ownership.  Cornerstone’s triple-digit growth has been supported by a market-leading customer retention and satisfaction rate. Marquee organizations such as Smith Barney, Pitney Bowes, Mt. Sinai, Honda, DIRECTV, Barnes & Noble, and Aon count on Cornerstone to help them achieve organizational excellence and competitive advantage.

 

MarketScope Disclaimer
The MarketScope is copyrighted, 2007 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner “MarketScope: Employee Performance Management Software, 2007” by James Holincheck. May 11, 2007

 

For more information, please visit http://www.cornerstoneondemand.com.

Press Contact:
Michelle Haworth
Cornerstone OnDemand, Inc.
P: 310-752-0178
mhaworth@cornerstoneondemand.com

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