Published: February 17, 2011
Cornerstone OnDemand Named a Talent Management Market Leader in IDC MarketScape Report
SANTA MONICA, Calif. - (BUSINESS WIRE) - 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
Michelle Haworth
+1 (310) 752-0178
mhaworth@cornerstoneondemand.com
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