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Media
Centre
PRESS INFORMATION
ISSUED ON BEHALF OF:
Cornerstone OnDemand
Media Contacts:
Sinead Reynolds-Berti
Cornerstone OnDemand
+ 33 (0) 6 28 33 55 66
sberti@cornerstoneondemand.com
Bob Little
Bob Little Press & PR
+ 44 (0) 1727 860405
bob.little@boblittlepr.com
14 September 2009
Cornerstone OnDemand Placed in "Leaders Quadrant" of Leading
Industry Analyst Firm's 2009 Magic Quadrant for Corporate Learning
Systems
The company's highly rated learning and talent management software
and best-in-class client service make Cornerstone the top technology
partner for organizations worldwide.
Santa Monica, Calif., September 14, 2009 - Cornerstone OnDemand Inc., a
leading provider of integrated learning and talent management software
and services, today announced it has been placed by Gartner Inc. in the
"Leaders Quadrant" of the 2009 Gartner Magic Quadrant for Corporate
Learning Systems (CLS) report.1 The Magic Quadrant positions vendors
according to their "Ability to Execute" and their "Completeness of
Vision."
"We are honored to be recognized by Gartner as a leader in the Magic
Quadrant for Corporate Learning Systems. The quality, functionality and
ease of use of our learning management software, combined with our
comprehensive approach to talent management and best-in-class client
service, continue to make Cornerstone OnDemand the top technology
partner for leading organizations around the world," said Adam Miller,
President and CEO of Cornerstone OnDemand.
Premier companies such as MasterCard Worldwide, Starwood Hotels &
Resorts, Kelly Services and Ticketmaster use Cornerstone's
Software-as-a-Service (SaaS)-based learning management system (LMS) to
help them increase workforce productivity, boost employee retention and
address skill gaps with targeted, fully-blended learning programs. Key
features include e-learning, instructor-led training (ILT), compliance
management, virtual classrooms, learning content management and
automated development planning.
To supplement traditional learning strategies, Cornerstone offers a
robust social networking and collaboration platform for fostering
informal learning and capturing valuable collective knowledge with
tools such as wikis, blogs and workplace communities. In addition, the
company's extended enterprise solutions allow organizations to broaden
training and certification initiatives to include non-employees, such
as customers, vendors and resellers.
"Cornerstone's client-driven innovation philosophy enables us to stay
ahead of the curve when it comes to advanced learning programs for
increasing business performance and enabling social learning," said
Miller. "Today's business challenges require a comprehensive approach
for addressing real-world development and talent issues. By integrating
learning software with solutions for collaboration, performance
management and succession planning, organizations can be more
successful in creating a high-performing, engaged and productive
workforce and in maximizing their extended enterprise relationships."
According to the Gartner Inc. Magic Quadrant for CLS report, Leaders
are defined as follows:
Leaders must not only meet the market's current requirements, which are
continually changing, but also anticipate future requirements. Vendors
must also articulate how they will address these requirements as part
of a vision for an expanded CLS.
In addition, Leaders have a track record of financial performance and
an established market presence. Their installed base gives them a
strong presence in the CLS market, and they demonstrate continued
growth in customers and revenue.
The market perceives Leaders as thought-leaders, with well articulated
plans for product development, marketing and channel support. Leaders
have the highest combined scores for Ability to Execute and
Completeness of Vision. These strategic providers will continue to
drive the market forward by broadening their CLS functions and
integration.
Buyers can expect that, as a group, Leaders will be considered as part
of most new product purchases and will continue to have high success
rates in winning new business.
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 empowers people around the world with on-demand,
integrated learning and talent management software and services for
connecting, developing and performing in the workplace. Cornerstone's
Software-as-a-Service (SaaS)-based solutions span the workforce
lifecycle, including onboarding, learning, social networking,
compliance, performance, compensation and succession planning. The
company also provides extended enterprise solutions to help companies
better train and collaborate with customers, vendors and resellers.
Available in 16 languages and supported by global, 24x7 customer care,
Cornerstone is used by more than 2.5 million active subscribers in 141
countries. The company is headquartered in Santa Monica, California and
has international offices in London, Paris, Munich and Tel Aviv.
To visit Cornerstone's
UK Web site, go to
http://www.cornerstoneondemand.co.uk/
About the Magic Quadrant
Magic Quadrant Disclaimer: The Magic Quadrant is copyrighted 2009 by
Gartner, Inc. and is reused with permission. The Magic Quadrant is a
graphical representation of a marketplace at and for a specific time
period. It depicts Gartner's analysis of how certain vendors measure
against criteria for that marketplace, as defined by Gartner. Gartner
does not endorse any vendor, product or service depicted in the Magic
Quadrant, and does not advise technology users to select only those
vendors placed in the "Leaders" quadrant. The Magic Quadrant is
intended solely as a research tool, and is not meant to be a specific
guide to action. Gartner disclaims all warranties, express or implied,
with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
Further information
from:
Sinead Reynolds-Berti, Cornerstone OnDemand, + 33 (0) 6 28 33 55 66;
sberti@cornerstoneondemand.com
Bob Little, Bob Little
Press & PR, + 44 (0) 1727 860405;
www.boblittlepr.com
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