SANTA MONICA, Calif., June 16, 2014 – Cornerstone OnDemand (NASDAQ: CSOD), a global leader in cloud-based talent management software solutions, today announced it has been named a Leader in the 2014 Gartner Magic Quadrant for Talent Management Suites report.[1]
Introduced in 2013, the report has placed Cornerstone in the Leaders quadrant for the second year in a row based on the company’s “completeness of vision” and “ability to execute.” As noted in the report, “talent management suites are an integrated set of applications, including workforce planning, talent acquisition, performance appraisal/assessment, goals management, career development, succession management, learning management and compensation management.”
According to the report, "Leaders demonstrate a market-defining vision of how talent management technology can help HR leaders achieve business objectives. Leaders have the ability to execute against that vision through products, services, and demonstrated, solid business results in the form of revenue and earnings. In talent management suites, Leaders show a consistent ability to win broad suite deals. They have significant successful customer deployments in North America, EMEA and the Asia/Pacific region in a wide variety of vertical industries, with multiple proof points. Leaders are often what other providers in the market measure themselves against."
Developed completely in-house with a proven product and services model, Cornerstone’s unified talent management suite helps organizations of all sizes and across a wide variety of industries to source and recruit top talent, develop and engage employees throughout their careers, improve business execution, cultivate future leaders, and enable external networks of customers, vendors and distributors.
A complimentary copy of the full report is available on the Cornerstone Web site at www.csod.com/GartnerMQ.
Comments on the News
“It is an honor to once again be recognized as a Leader in the Gartner Magic Quadrant for Talent Management Suites,” said Adam Miller, founder and CEO of Cornerstone OnDemand. “Our team truly has a passion for talent management, which not only is reflected in the intuitiveness and effectiveness of our software but also in how invested we are in the success of our clients’ initiatives. The fact that we have one of the highest client retention rates in the industry demonstrates our commitment to the vitality of the Cornerstone solution within their organizations.”
“From the beginning, the Cornerstone team took the time to understand us and our needs. The treatment we receive from Cornerstone has transformed the traditional client-supplier relationship into a real partnership,” commented Ariel Kestens, global head of learning and research for the International Federation of Red Cross and Red Crescent Societies (IFRC), a Cornerstone client since 2009.
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