LMS 2008 study credits Cornerstone as a pioneer in on-demand solutions for talent management
Santa Monica, CA – August 22, 2007 – Cornerstone OnDemand, Inc., the only proven provider of on-demand, integrated talent management software and services, has been recognized by independent research firm Bersin and Associates in the recent study entitled “Learning Management Systems 2008: Facts, Practical Analysis, Trends and Vendor Profiles.” Among other accolades, Cornerstone was credited as one of the most mature and well-developed integrated solutions for performance and learning management on the market.
According to the study, Cornerstone OnDemand is characterized as one of the pioneering providers of integrated learning and performance with a focus on an on-demand solution since its inception. Cornerstone’s commitment to working with customers in regards to product development strategy is also noted as a key differentiator.
“Cornerstone’s advanced integrated solutions and on-demand model are very attractive to both global enterprise and mid-market organizations,” notes Josh Bersin, president of Bersin & Associates, a research and advisory firm focused on enterprise learning and talent management. “Their customers have been highly successful with their implementations. We expect Cornerstone will continue to leverage its experience and success to grow its market share.”
Bersin notes that Cornerstone provides one of the most advanced on-demand platforms on the market for integrated learning management, performance management and succession planning. Cornerstone’s LMS was developed from the start as an on-demand application, not converted from an on-premise model. As a result, users benefit from a full-functionality on-demand LMS, not a “light” version.
“Cornerstone has a history of innovation in the talent management market; first, as an on-demand leader, and again as one of the first to recognize the benefits of integrated learning and performance,” said Adam Miller, president and CEO, Cornerstone OnDemand. “This early focus has enabled us to work closely with our clients to develop the most advanced, integrated solution available.”
The LMS 2008 study is based on more than 3,000 surveys and more than 200 customer interviews, as well as detailed briefings with all major LMS vendors. The 217-page study analyzes the LMS market from multiple perspectives such as market size and growth by segment; implementation models and costs; and new capabilities for Web 2.0, content management, analytics, and search. For more information about the Bersin & Associates study, Learning Management Systems 2008, visit www.bersin.com/lms.
About Cornerstone OnDemand, Inc.
Cornerstone OnDemand helps organizations to empower their people and optimize workforce productivity by offering a comprehensive suite of talent management solutions for learning, performance, compensation, succession and compliance 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, flexibility, reliability and a lower total cost of ownership. Cornerstone’s triple-digit growth has been supported by a market-leading customer retention rate. Marquee organizations such as Smith Barney, Pitney Bowes, Mt. Sinai, Honda, DIRECTV, Barnes & Noble, and Aon count on Cornerstone to help them achieve organizational excellence and competitive advantage.
For more information, please visit www.cornerstoneondemand.com.
Cornerstone OnDemand, Inc.