CFO CHOICE | Cornerstone On Demand
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Cornerstone On Demand

Cornerstone On Demand

Recognized by CIO as Talent Management Cloud Solution (SME) brand of the year 2014, Cornerstone OnDemand (NASDAQ:CSOD) is a global leader of cloud-based talent management software solutions. Nearly 13 million users across 190 countries rely on Cornerstone to maximize their potential, develop their skills and foster new levels of collaboration. Cornerstone empowers some of the world’s leading organizations, such as Starwood Hotels & Resorts, The Neiman Marcus Group, Save the Children, Turner Broadcasting System and Virgin Media, to engage their workforces and leverage people performance for greater business results.

Based on Cornerstone’s pure cloud architecture, Cornerstone’s comprehensive solution helps organizations manage entire employee lifecycle, from hiring through retirement.

The solution includes:

  • Cornerstone Recruiting Cloud, for social recruiting, sourcing, on boarding, and planning of talent
  • Cornerstone Performance Cloud, for managing the performance, succession and compensation of your workforce
  • Cornerstone Learning Cloud, for training, development and certification of employee skills and expertise
  • Cornerstone Extended Enterprise Cloud, for managing and training your extended network of customers and partners
  • Cornerstone also offers software and services for organizations of all sizes, including:
  • Cornerstone Small Business, talent management solutions designed for businesses under 500 employees
  • Cornerstone Medium & Large Business, talent management solutions designed for companies under 3,000 employees
  • Cornerstone Global Enterprise, talent management solutions designed for global organizations over 3,000 employees
  • Cornerstone is headquartered in Los Angeles, California with offices in Mumbai, New Delhi, Sydney, Shanghai, Hong Kong and Tokyo.

Across the years, Cornerstone has repeatedly received top grades in Gartner, IDC & Forrester studies. Flagship industry analyst reports from leading firms such as Gartner, IDC and Forrester Research have identified Cornerstone OnDemand as a market “leader” among talent management vendors.

Moreover, Cornerstone is presented as the only pure-play Software-as-a-Service (SaaS) vendor to compete in both the learning management and performance management categories. Other companies may be rushing to fill out their functional offerings and make the switch to SaaS, but Cornerstone has been there from the beginning.

Independent Analysis for a Crowded, Shifting Marketplace

The talent management marketplace remains crowded despite the recent tidal wave of merger and acquisition activity. It’s also a fast-growing market with lots of potential. Just look at the events of the past two years to get a sense of the validation by the market itself for the Software-as-a-Service model and integrated talent management software.

To make sense of it all, vendor analyses by the major industry research firms are offered in many forms – quadrants, waves, scapes, and scopes. In the end, there may be no single perfect research model or any one report that will solve all your procurement challenges. But taking all of these analyst reports together, you can certainly make out some patterns. Call it crowd-sourcing the analysts.

In 2011 and into 2012, Cornerstone has seen the publication of four well-known vendor and market studies.

They include:

  • IDC Marketscape: Worldwide Integrated Talent Management 2012 Vendor Analysis
  • 2011 Magic Quadrant for Corporate Learning Systems
  • 2011 Magic Quadrant for Employee Performance Management Software
  • Forrester Wave: Talent Management, Q1 2013

Cornerstone is a Quadruple “Leader”

Within each of these major reports, Cornerstone OnDemand has been recognized as a “Leader” (highest possible ranking) by all four of these publications. This research covers a wide spectrum ranging from standalone performance and learning management systems to fully integrated talent management suites covering all aspects of the employee lifecycle.

Specific strengths identified by the analysts include:

  • Customer experience is above-average or best-in-class and our Client Success Framework is a successful method for ensuring ongoing customer satisfaction (Gartner)
  • Strongest functional capabilities – depth of capability of individual modules (IDC)
  • Very high scores in customer service – solid customer references (IDC)
  • Cornerstone’s performance and succession capabilities are best-in-class across the industry (Gartner)
  • Flexible/adaptable products (Forrester)
  • Generally, our products are intuitive and easy-to-use for all types of users (Gartner)
  • Cornerstone has gained traction among both large enterprises and SMB organizations (Forrester)
  • A “forward-looking company” (Forrester)
  • Cornerstone lead with product innovation (including our vision for social collaboration in talent management) (Gartner)
  • Making mobile and social “everywhere” (Forrester)
  • Significant investment in non-US localization (Forrester)
  • Our true multi-tenant Software-as-a-Service architecture delivers real scalability (IDC)

These independent, objective research reports serve as further validation that Cornerstone is leading the way when it comes to talent management.

Corresponding Web Link: http://www.cornerstoneondemand.co.in/.

Contact Information :

To learn more information about Cornerstone in India, please contact Cornerstone OnDemand representative Mr. Arun Dhaka, by phone or email:
Mr. Arun Dhaka
Tel : +91 22 67257110
Info_IN@csod.com

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