Company Seeing Rapidly Accelerating Demand for Integrated Learning and Performance Management Solution
Santa Monica, CA, September 15, 2005 - Cornerstone OnDemand, a leading provider of integrated on-demand enterprise software solutions for talent management, today announced support for Bersin & Associates' recent report identifying integrated learning and performance management as an emerging trend in HR technology. Cornerstone OnDemand substantiates these research findings based on a 40% increase in demand from prospective clients for such integrated solutions over the last nine months of sales.
"The market now recognizes the strategic advantages offered through integrated employee performance management and development. Our clients are already realizing the substantial returns of true talent management," said Adam Miller, President and CEO, Cornerstone OnDemand. "They are helping their employees become more productive by more clearly aligning goals, more readily giving feedback on performance and competency gaps, more accurately targeting development requirements, and more effectively promoting from within."
Cornerstone OnDemand will distribute these research findings through a free webinar for HR and Learning professionals, featuring Bersin & Associates President, Josh Bersin. The webinar is scheduled for Thursday, September 22, at 2:00 p.m. EDT to discuss the state of the emerging talent management technology, and the benefits and ROI from an integrated learning and performance management system. All attendees to this webinar will receive a free copy of the Bersin & Associates research report titled The Convergence of Learning and Performance Management Systems: Has Talent Management Arrived? To register for this webinar, click here.
The expanding economy and the aging workforce are among the drivers generating the need for fully-integrated, more efficient training and development programs. Our research clearly points to the increased interest and adoption of talent management solutions," said Josh Bersin, president of Bersin & Associates, a research and advisory firm focused on corporate learning. "Cornerstone OnDemand recognized this market trend early on and responded with a fully integrated solution that leverages the benefits of on-demand technology. Today, Cornerstone is well positioned to be a significant force in the talent management space and has a solution that can help customers develop stronger workforces."
About Bersin & Associates
Bersin & Associates is the only research and advisory firm solely focused on corporate-learning with a comprehensive research program targeted to the needs of learning and HR professionals and executives. The company's What Works® primary research offers factual and practical insight that can improve program effectiveness and results, reduce costs, and avoid time-consuming and costly mistakes. For more information, go to www.bersin.com or call 561-939-6345.
About Cornerstone OnDemand, Inc.
Cornerstone OnDemand is the only proven provider of on-demand enterprise software solutions for talent management. The Cornerstone OnDemand talent management suite provides fully-integrated solutions for learning management, employee performance management, and succession planning along with over 30,000 online training titles and integrated tools for compliance and analytics. Cornerstone OnDemand's software is used by industry leaders such as Aon, Honda, Pearson, Pitney Bowes, Smith Barney and Washington Mutual to achieve organizational excellence.
For more information, please visit www.cornerstoneondemand.com.
Cornerstone OnDemand, Inc.