2008-04-16 Cornerstone Surpasses One Million Active Subscribers in 141 Countries-Average Client Engagement 10,000+ Users
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Learning and Talent Management Leader Changing the Game for Software-as-a-Service (SaaS)

Santa Monica, CA – April 16, 2008Cornerstone OnDemand, Inc., the only proven provider of on-demand, integrated learning and talent management software, content and services, today announced that they have surpassed one million active subscribers using their market-leading suite in 141 countries around the world. Cornerstone is evolving the Software-as-a-Service landscape through its ability to deliver highly scalable, flexible and enterprise-class solutions for global organizations with hundreds of thousands of employees, as well as those with as few as 25 employees.

 

In order to support the tremendous growth of their client base and these clients’ extended enterprises of customers and partners, Cornerstone has continued to expand upon and refine the Company’s support and service offerings. Cornerstone recently announced the availability of 24x7 global support that accompanies localization into 13 languages and support for currency conversion.

 

Even with a million active subscribers, Cornerstone continues to achieve the highest scores in customer service. Cornerstone was recently named one of three top global talent management suite providers by Bersin & Associates in their new study entitled, “Talent Management Suites: Market Realities, Implementation Experiences, and Vendor Profiles.” Cornerstone received the highest possible rating (four stars) in the completeness of vision, product architecture and customer satisfaction categories.

 

“This important achievement demonstrates Cornerstone’s ability to provide first class support and service in the rapidly changing market for integrated talent management systems,” said Josh Bersin, CEO of Bersin & Associates, a leading industry analyst in talent management. “It also illustrates the power of the SaaS model which enables even the largest global businesses to deploy software in months instead of years.”

 

“We are extremely proud of this achievement, which makes Cornerstone one of the largest pure-play SaaS providers in the world. More importantly, our growth has actually enhanced rather than diminished our service offerings, since we are now able to support clients globally, 24x7, and deliver state-of-the-art functionality through a world-class network infrastructure by leveraging our growing economies of scale,” said Adam Miller, President and CEO of Cornerstone. “We have proven that SaaS can be global, secure and scalable.”

 

About Cornerstone OnDemand, Inc.
Cornerstone OnDemand helps organizations to 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 over 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, Barnes & Noble, DIRECTV, Honda, Pitney Bowes and Smith Barney 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, please visit www.cornerstoneondemand.com.

 

Press Contact:
Michelle Haworth
Cornerstone OnDemand, Inc.
P: 1-310-752-0178
mhaworth@cornerstoneondemand.com

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