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| [April 12, 2012] |
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Cornerstone OnDemand and Visier Forge Strategic Relationship to Deliver Superior Workforce Analytics in the Cloud
SANTA MONICA, Calif. --(Business Wire)--
Cornerstone
OnDemand (NASDAQ:CSOD), a global leader in cloud-based talent
management software solutions, and Visier
Inc. today announced that the companies have forged a strategic
relationship, under which Visier's innovative, cloud-based workforce
analytics and planning solutions will be made available to Cornerstone
clients.
According to Gartner (News - Alert) research, workforce planning and analytics
solutions enable HR organizations to deliver greater value by helping
companies make fact-based decisions about their employee-related
investments. In today's economic climate, organizations must be prepared
to react immediately to changing business strategies and shift to a more
proactive approach, based on analytic insight, to optimize their
workforce strategies.
"Talent management is changing rapidly, and the demand to proactively
measure talent initiatives across recruiting, performance and learning
functions has never been greater," said David Somers, vice president of
alliances and strategy for Cornerstone OnDemand. "Visier has leapfrogged
the workforce planning and analytics market with its modern cloud-based
architecture, interactive and visual user experience, and expertise in
big data. Aligning their premier solution with the Cornerstone suite
will help our clients gain greater access to the fundamental HR and
business data they need to make critical decisions about their
workforce."
When used with Cornerstone's comprehensive talent management suite,
Visier Workforce Analytics enables Cornerstone clients to gain greater
insight into critical workforce metrics, such as turnover, retention and
employee productivity. Through predictive aalytics, organizations also
can go beyond core HR metrics to understand why people are leaving, how
to source more top talent or who is likely to leave next.
Founded in 2010 by business intelligence experts, including former
Business Objects (News - Alert) CEO John Schwarz, Visier is changing how enterprises
approach workforce analytics by delivering a cloud-based, pre-built
solution that combines the sophistication of predictive capabilities
with the ease-of-use of consumer applications.
"Visier is committed to partnering with leading providers of HR
solutions. Working with Cornerstone, Visier is accelerating
time-to-value for organizations with a cloud-based HR solution that is
rapid to deploy, scalable, easy to manage and cost-effective to
operate," according to John Schwarz, Founder and CEO of Visier. "Our
relationship with Cornerstone combines Visier's powerful, intuitive and
interactive workforce analytics solution that introduces deep and
predictive insight into core workforce dynamics, with Cornerstone's
talent management suite. Together, we help companies to attract and
retain top talent, improve workforce performance and operational
efficiencies, reduce costs, and align workforce strategies with business
strategies."
For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com.
To follow Cornerstone OnDemand on Twitter (News - Alert), go to http://twitter.com/cornerstoneinc.
To read Cornerstone OnDemand's talent management blog, visit http://www.cornerstoneondemand.com/blog.
For more information about Visier, please visit www.visier.com.
To stay informed about current industry news, product features and
updates, and Visier news and events, you can subscribe to Visier's
Workforce Analytics blog here: http://www.visier.com/blog.
About Visier
An innovation leader in delivering workforce analytics through the
cloud, Visier's mission is to empower HR professionals with the most
critical and deepest insights they need, in order to optimize their
people strategy to meet their business strategy. Visier Workforce
Analytics is an end-to-end, cloud-based application designed for HR
professionals to easily identify and improve the ROI of their
organization's human capital. Reduce costs, improve productivity,
attract and retain top talent and implement a workforce strategy that
supports the business strategy.
About Cornerstone OnDemand
Cornerstone OnDemand is a leading global provider of a comprehensive
learning and talent management solution. We enable organizations to meet
the challenges they face in empowering their people and maximizing the
productivity of their human capital. Our integrated
software-as-a-service (SaaS (News - Alert)) solution consists of the Cornerstone
Recruiting Cloud, the Cornerstone Performance Cloud, the Cornerstone
Learning Cloud and the Cornerstone Extended Enterprise Cloud. Our
clients use our solution to source and recruit top talent, 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 over 7.5 million users across 179 countries and in 31
languages.
Cornerstone® and Cornerstone OnDemand® are
registered trademarks of Cornerstone OnDemand Inc.
1. Gartner Inc., "Technology Overview for Workforce Planning," Thomas
Otter, March 23, 2010

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