Press release from Business Wire
Cornerstone OnDemand Again Recognized as a Leader in IDC Integrated Talent Management MarketScape 2013 Report
Friday, August 23, 2013
Cornerstone OnDemand Again Recognized as a Leader in IDC Integrated Talent Management MarketScape 2013 Report08:00 EDT Friday, August 23, 2013
SANTA MONICA, Calif. (Business Wire) -- Cornerstone OnDemand (NASDAQ: CSOD) continues to earn recognition as a leading cloud-based talent management software provider from top industry analyst firms, the company announced today. For the third year in a row, Cornerstone has been named a “Leader” in IDC's Integrated Talent Management 2013 MarketScape report1, as well as a “Leader” in IDC's 2013 MarketScape reports for Performance2 and Learning.3
Cornerstone also was named a “Major Player” in IDC's 2013 MarketScape reports for Recruiting4 and Compensation.5
“With strong functional capabilities, true multi-tenant SaaS for scalability, and solid customer references, Cornerstone OnDemand is once again a Leader in this analysis. Strengths include very high scores in customer service, depth of capability of individual modules, cost appropriateness, and timeliness of releases,” Lisa Rowan, program director of HR, learning and talent strategies for IDC, states in the 2013 Integrated Talent Management MarketScape report.
IDC's report also notes that with market consolidation and maturity, and gaps in traditional talent functionality closing, attributes such as quality of customer service and product innovation in the areas of mobile, social and analytics will become even more essential factors in differentiation among vendors.
“We're thrilled to once again be recognized as a talent management market leader by IDC's MarketScape report,” said Adam Miller, founder and CEO of Cornerstone OnDemand. “While consolidation has adversely affected many of our legacy competitors, Cornerstone continues to advance in every category of talent management. Our position as the only independent, best of breed vendor to be recognized as a talent management leader by Gartner and Forrester and now IDC is a result of our unrelenting focus on providing best-in class client service, continuous product innovation and truly redefining the way employees work.”
One example of Cornerstone's achievements in product innovation is the Cornerstone Recruiting Cloud, which continues to garner positive industry accolades and recognition since it was launched in 2012.
“In just a short period of time, we've been able to successfully develop the Recruiting Cloud into a world-class sourcing and talent acquisition solution that supports the modern ways organizations recruit both internal and external talent,” commented Miller. “We're empowering both candidates and employees with the ability to market their experience, skills and professional interests beyond traditional, one-dimensional resumes, as demonstrated through the power of our organically developed integrated talent management suite.”
To read more about Cornerstone's recognition by IDC and other top analyst firms as a talent management software leader, visit cornerstoneondemand.com/blog/talent-management-trifecta.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of IT, telecommunications, or industry-specific 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, telecommunications, or industry-specific vendors can be meaningfully compared. The framework also provides technology buyers with a transparent foundation to allow companies to independently compare the strengths and weaknesses of current and prospective vendors.
About Cornerstone OnDemand
Cornerstone OnDemand is a leader in cloud-based applications for talent management. Our solutions help organizations recruit, train, manage and connect their employees, empowering their people and increasing workforce productivity. Based in Santa Monica, California, the company's solutions are used by over 1,400 clients worldwide, spanning 12 million users across 190 countries and 41 languages. For more information about Cornerstone, visit csod.com. Read Cornerstone's blog at csod.com/blog. Follow Cornerstone on Twitter at twitter.com/CornerstoneInc. Like us on Facebook at facebook.com/CSODcommunity.
Cornerstone® and Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand Inc.
|1.||IDC MarketScape: Worldwide Integrated Talent Management 2013 Vendor Analysis, doc #242562, Volume 1, August 22, 2013|
|2.||IDC MarketScape: Worldwide Performance in Integrated Talent Management 2013 Vendor Analysis, doc #242569, Volume 1, August 22, 2013|
|3.||IDC MarketScape: Worldwide Learning Management in Integrated Talent Management 2013 Vendor Analysis, doc #242568, Volume 1, August 22, 2013|
|4.||IDC MarketScape: Worldwide Recruiting in Integrated Talent Management 2013 Vendor Analysis, doc #242682, Volume 1, August 22, 2013|
|5.||IDC MarketScape: Worldwide Compensation Management in Integrated Talent Management 2013 Vendor Analysis, doc #242545, Volume 1, August 22, 2013|
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