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| [April 26, 2012] |
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Cornerstone OnDemand Again Named a Leader in IDC Integrated Talent Management MarketScape Report
SANTA MONICA, Calif. --(Business Wire)--
Cornerstone
OnDemand (NASDAQ:CSOD), a global leader in cloud-based talent
management software solutions, today announced that it has again
been named a "Leader" in IDC's (News - Alert) latest Integrated Talent Management
MarketScape report.1 The evaluation is based on a
comprehensive and rigorous 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.
"With strong functional capabilities, true multitenant SaaS (News - Alert) for
scalability and solid customer references, Cornerstone OnDemand is once
again a leader in this analysis," Lisa Rowan, program director of HR,
learning and talent strategies at IDC, states in the 2012 report.
"Strengths include very high scores in customer service, depth of
capability of individual modules, cost appropriateness and timeliness of
releases."
IDC defines talent management as those functions that serve to attract,
develop, reward and retain the workforce, with functionality for
recruiting and staffing, learning and development, performance
management, compensation management, and career and succession planning.
According to the report, an escalating level of importance for all of
these talent management functions is driving greater demand for
integrated suites from a single venor.
"Our clients benefit from seamless integration of features and
functionality, as well as a unified interface, because our solution is
pure SaaS and built on a single code base," said Charles Coy, senior
director of analyst and community relations for Cornerstone OnDemand.
"While other vendors remain distracted with ERP acquisitions and
consolidation of products and services, Cornerstone is focused on
advancing and evolving its solutions to align with the ways
organizations of all sizes use technology to engage, enable and empower
their people. A recent example of our innovation is the addition of the
Cornerstone Recruiting Cloud to our organically developed software
suite."
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.
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. 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) 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. IDC MarketScape: Worldwide Integrated Talent Management 2012 Vendor
Analysis, doc #234365, April 2012

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