Media
Centre
PRESS INFORMATION
ISSUED ON BEHALF OF:
Cornerstone OnDemand
24 Greville Street, London, EC1N 8SS, UK
Tel: + 44 (0) 20 3008 4356
and
28, rue de Londres, 75009 Paris, France
Tel: + 33 (0) 1 78 42 40 17
and
35a Maximilianstrasse, 80539 Munich, Germany
Tel: +49 (0) 89 742 99 711
Web: www.cornerstoneondemand.co.uk
2 December 2008
New Global Clients & Strategic Alliances Accelerate Cornerstone
OnDemand's Momentum
Addition of hundreds of thousands of new users, growth of sales channel
further expand Cornerstone's global footprint and strengthen its
experience in key segments
Cornerstone OnDemand Inc., a leader in on-demand, integrated
learning and talent management software and services, today announced
that despite the recent turmoil in the economy, the company's momentum
has accelerated in the past four months. This includes the addition of
hundreds of thousands of new users via the signing of top-tier clients,
as well as the formation of strategic alliances with leading resellers
and service organizations. The increase in new account bookings and
growth of third-party sales channels further expands Cornerstone's
global footprint and strengthens its experience in key vertical
segments.
Praised in a recent Bersin & Associates industry report for its
impressive growth, extensive global capabilities and committed client
focus, Cornerstone's newest group of U.S. and international clients
represent a wide range of verticals, including: travel and leisure
(Starwood Hotels & Resorts Worldwide Inc.); healthcare (SXC Health
Solutions Corp, OhioHealth, CareOregon, Covenant Health); media
(Scholastic); retail and distribution (Advantage Sales & Marketing,
Sobeys, Chico's FAS, Ozburn-Hessey Logistics, Coca Cola Austria);
manufacturing (Barry-Wehmiller Companies Inc.); and business and
financial services (Travelex, Axiom), among others.
Cornerstone also is having success with its corporate alliance
initiatives. In September, Monster Worldwide Inc. announced it is
leveraging Cornerstone's on-demand learning platform to launch a suite
of online educational programs for job seekers on Monster.com.
Additionally, the company has formed relationships with reselling
partners in the learning management, HR outsourcing (HRO) and service
areas such as Intrepid Learning Solutions, Laurus Strategies and
Intelladon, as well as with specialized healthcare resellers such as
Grotenhuis.
"The expansion of our global footprint and success of our strategic
partnerships further validate Cornerstone's leadership in the on-demand
talent management software space," said Adam Miller, President and CEO
of Cornerstone OnDemand. "In the past year, we've closed some of the
largest deals in the SaaS category because of our ability to support
wide-scale, worldwide implementations. In 2009, we will continue to
focus on the success of our clients, including investments in product
innovation and in providing best-in-class client service and support."
As part of its commitment to being a trusted strategic partner to its
clients around the world, Cornerstone expanded its Consulting Services
offerings, which includes growth of its internal team of experts and
the addition of new strategic global consulting partners. The
enhancements further streamline the client service experience, reduce
implementation times and help support clients' overall business
objectives.
The company also has
added a new team of experts, Cornerstone Success Services, which is
dedicated to helping clients maximize their talent management software
investments. This includes collaborating with clients to drive product
innovation, familiarizing clients with new Cornerstone software
features and helping clients optimize how they're using Cornerstone to
bring added value to their businesses.
End
Notes for Editors
About Cornerstone OnDemand
Cornerstone OnDemand helps organisations empower their people and
optimize workforce productivity with a comprehensive suite of
integrated talent management solutions for learning, compliance,
performance, compensation and succession management, as well as robust
reporting and analytics. Cornerstone also provides more than 30,000
pre-integrated training titles. The Company’s multi-tenant, multi-user
software-as-a-service (SaaS) architecture provides customers with rapid
deployments, minimal IT costs, greater flexibility, proven reliability
and a lower total cost of ownership. Cornerstone’s triple-digit growth
has been supported by a market-leading customer retention rate. Leading
enterprises such as Aon, Bank of the West, Flextronics, Pearson,
Randstad, Ticketmaster and Trend Micro count on Cornerstone to help
them achieve organizational excellence and competitive advantage.
Cornerstone OnDemand is headquartered in Santa Monica, California and
has international offices in London, Paris, Munich and Tel Aviv.
For more information, visit
www.cornerstoneondemand.co.uk
Cornerstone® and
Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand
Inc.
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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