Cornerstone OnDemand Ranked as a Talent Management Software Leader in New Industry Analyst Report
According to report, Cornerstone edges out the competition to become the strongest performance management software vendor; also receives high customer ratings
SANTA MONICA, Calif. – May 24, 2011 – Learning and talent management software provider Cornerstone OnDemand (NASDAQ: CSOD) today announced that the company has been ranked as a “Leader” in the May 2011 report, “The Forrester Wave™: Talent Management, Q2 2011” by Forrester Research Inc.
“As a true multitenant, SaaS-only offering, Cornerstone edged out the competition to become the strongest performance vendor,” stated the report. “Customers give Cornerstone high ratings for delivering a product that meets their needs. Cornerstone is the only company we evaluated that has nearly equal numbers of customers deploying learning and performance.”
Forrester’s vendor assessments covered three categories, including learning, performance, and combined learning and performance. Assessments included evaluation of each vendor’s current offering, strategy and market presence.
In recent months, Cornerstone has been recognized as a leader in three other vendor and market studies, including IDC’s 2011 Integrated Talent Management MarketScape report1, the 2011 Gartner Magic Quadrant for Corporate Learning Systems report2 and the 2011 Gartner Magic Quadrant for Employee Performance Management Software report.3 Strengths called out in the reports include customer experience, product capabilities and innovation, and the scalability of Cornerstone’s SaaS architecture.
“Cornerstone is the only pure play, organically developed SaaS solution to be recognized in these recent analyst reports as a leader in both the learning and performance management categories,” said Adam Miller, president and CEO of Cornerstone OnDemand. “Other vendors may be rushing to fill out their talent management functionality or make the switch to SaaS, but we’ve been there with an integrated SaaS solution from the beginning.”
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 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 5.2 million users across 179 countries and in 25 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
2. Gartner, “Magic Quadrant for Corporate Learning Systems,” Jeff Freyermuth, James Holincheck and Thomas Otter, March 24, 2011
3. Gartner, “Magic Quadrant for Employee Performance Management,” James Holincheck, Thomas Otter, and Jeff Freyermuth, March 28, 2011
Cornerstone OnDemand, Inc.
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