Cornerstone OnDemand Named a Talent Management Market Leader in IDC MarketScape Report
Cornerstone recognized for innovation, comprehensive functionality, platform integration and scalability
SANTA MONICA, Calif. – February 17, 2011 – Learning and talent management software provider Cornerstone OnDemand today announced that the company has been named a “Leader” in IDC’s 2011 Integrated Talent Management MarketScape report. The report’s evaluation is based on a comprehensive framework that assesses vendors relative to the criteria and one another and highlights the factors expected to be the most influential to success in the market, both short and long term.
“Cornerstone OnDemand achieved leader status in this year's analysis through market momentum, product innovation and integration of its software platforms,” Lisa Rowan, Program Director of HR, Learning and Talent Strategies at IDC, stated in the report. “Other strengths include strong functional capabilities, true multi-tenant SaaS for scalability and solid customer references.”
IDC defines talent management as those functions that serve to attract, develop, reward and retain the workforce – such as learning management, employee performance management, and career and succession management, among other functionality.
“In a year marked by frenzied vendor consolidation in the talent management market, we are honored to be recognized for our organically developed talent management capabilities,” said Charles Coy, Director of Product Marketing for Cornerstone OnDemand. “IDC also calls attention to our solid customer references, which reflects Cornerstone’s focus on ongoing client satisfaction through our Client Success Framework. In this sense, we truly consider our success to be our clients’ success.”
For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com. To follow Cornerstone OnDemand on Twitter, go to http://twitter.com/cornerstoneinc. To read Cornerstone OnDemand’s talent management blog, visit http://www.cornerstoneondemand.com/blog.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About Cornerstone OnDemand
Cornerstone OnDemand is a leading global provider of a comprehensive learning and talent management solution delivered as software-as-a-service (SaaS). We enable organizations to meet the challenges they face in empowering their people and maximizing the productivity of their human capital. Our solution consists of five integrated platforms for learning management, enterprise social networking, performance management, succession planning and extended enterprise. Our clients use our solution to develop employees throughout their careers, engage all employees effectively, improve business execution, cultivate future leaders and integrate with their external networks of customers, vendors and distributors. We currently empower more than 4.9 million users across 164 countries and in 23 languages.
Cornerstone® and Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand Inc.
1. IDC, “IDC MarketScape: Worldwide Integrated Talent Management 2011 Vendor Analysis,” February 7, 2011
Cornerstone OnDemand, Inc.
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