Cornerstone OnDemand Placed in "Leaders Quadrant" of Leading Industry Analyst Firm’s 2009 Magic Quadrant for Corporate Learning Systems
The company’s highly rated learning and talent management software and best-in-class client service make Cornerstone the top technology partner for organizations worldwide
Santa Monica, Calif., September 14, 2009 – Cornerstone OnDemand Inc., a leading provider of integrated learning and talent management software and services, today announced it has been placed by Gartner Inc. in the “Leaders Quadrant” of the 2009 Gartner Magic Quadrant for Corporate Learning Systems (CLS) report.1 The Magic Quadrant positions vendors according to their “Ability to Execute” and their “Completeness of Vision.”
“We are honored to be recognized by Gartner as a leader in the Magic Quadrant for Corporate Learning Systems. The quality, functionality and ease of use of our learning management software, combined with our comprehensive approach to talent management and best-in-class client service, continue to make Cornerstone OnDemand the top technology partner for leading organizations around the world,” said Adam Miller, President and CEO of Cornerstone OnDemand.
Premier companies such as MasterCard Worldwide, Starwood Hotels & Resorts, Kelly Services and Ticketmaster use Cornerstone’s Software-as-a-Service (SaaS)-based learning management system (LMS) to help them increase workforce productivity, boost employee retention and address skill gaps with targeted, fully-blended learning programs. Key features include e-learning, instructor-led training (ILT), compliance management, virtual classrooms, learning content management and automated development planning.
To supplement traditional learning strategies, Cornerstone offers a robust social networking and collaboration platform for fostering informal learning and capturing valuable collective knowledge with tools such as wikis, blogs and workplace communities. In addition, the company’s extended enterprise solutions allow organizations to broaden training and certification initiatives to include non-employees, such as customers, vendors and resellers.
“Cornerstone’s client-driven innovation philosophy enables us to stay ahead of the curve when it comes to advanced learning programs for increasing business performance and enabling social learning,” said Miller. “Today’s business challenges require a comprehensive approach for addressing real-world development and talent issues. By integrating learning software with solutions for collaboration, performance management and succession planning, organizations can be more successful in creating a high-performing, engaged and productive workforce and in maximizing their extended enterprise relationships.”
According to the Gartner Inc. Magic Quadrant for CLS report, Leaders are defined as follows:
- Leaders must not only meet the market's current requirements, which are continually changing, but also anticipate future requirements. Vendors must also articulate how they will address these requirements as part of a vision for an expanded CLS.
- In addition, Leaders have a track record of financial performance and an established market presence. Their installed base gives them a strong presence in the CLS market, and they demonstrate continued growth in customers and revenue.
- The market perceives Leaders as thought-leaders, with well articulated plans for product development, marketing and channel support. Leaders have the highest combined scores for Ability to Execute and Completeness of Vision. These strategic providers will continue to drive the market forward by broadening their CLS functions and integration.
- Buyers can expect that, as a group, Leaders will be considered as part of most new product purchases and will continue to have high success rates in winning new business.
For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com. To follow Cornerstone OnDemand on Twitter, go to http://twitter.com/cornerstoneinc. To read Cornerstone OnDemand’s talent management blog, visit http://www.cornerstoneondemand.com/blog.
About Cornerstone OnDemand
Cornerstone OnDemand empowers people around the world with on-demand, integrated learning and talent management software and services for connecting, developing and performing in the workplace. Cornerstone’s Software-as-a-Service (SaaS)-based solutions span the workforce lifecycle, including onboarding, learning, social networking, compliance, performance, compensation and succession planning. The company also provides extended enterprise solutions to help companies better train and collaborate with customers, vendors and resellers. Available in 16 languages and supported by global, 24x7 customer care, Cornerstone is used by more than 2.7 million active subscribers in 141 countries. The company is headquartered in Santa Monica, California and has international offices in London, Paris, Munich and Tel Aviv.
About the Magic Quadrant
Magic Quadrant Disclaimer: The Magic Quadrant is copyrighted 2009 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Cornerstone® and Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand Inc.
1. Gartner, Inc. “Gartner Magic Quadrant for Corporate Learning Systems,” Carol Rozwell, 10 September 2009
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