- Published: 08 March 2017
- Written by RealWire
LONDON — March 7, 2017— Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based learning and human capital management software, today announced that the company has been recognised as a Leader in the 2017 Gartner Magic Quadrant for Talent Management Suites[1] for the fourth consecutive year.
The Gartner Magic Quadrant shows the competitive positioning of four types of talent management technology providers: Leaders, Visionaries, Niche Players and Challengers. Based on Cornerstone’s “completeness of vision” and “ability to execute,” the company has maintained its position in the Leaders quadrant every year since the report was introduced in 2013.
According to the report, “Leaders demonstrate a market-defining vision of how TM technology can help HR leaders achieve their business objectives. Leaders have the ability to execute against that vision through products and services, and have demonstrated solid business results in the form of revenue and earnings. In the TM suite market, 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 and with multiple proof points. Leaders are often what other providers in the market measure themselves against.”
Cornerstone’s human capital management platform combines the world’s leading unified talent management solutions with state-of-the-art analytics and HR administration solutions to enable organisations to manage the entire employee lifecycle. Its focus on continuous learning and development helps organisations empower employees to realise their potential and drive success. Cornerstone works with clients across all geographies, verticals and market segments. Its clients include multi-national corporations, large domestic and foreign-based enterprises, mid-market companies, public sector organisations, healthcare providers, higher education institutions, non-profit organisations and small businesses.
A complimentary copy of the full report is available on the Cornerstone website at www.cornerstoneondemand.com/landing/gartner.
Comments on the News
“It is an honour to be recognised as a Leader in the Gartner Magic Quadrant for Talent Management Suites for the fourth year in a row,” said Adam Miller, founder and CEO of Cornerstone OnDemand. “In the last few years, we have experienced considerable growth as a company and have witnessed many changes that have had a significant impact on our industry. We believe this recognition by Gartner year over year demonstrates our commitment to excellence, both in our products and our services, to truly provide a one-of-a-kind experience for our clients and their people.”
“Western Union has had a longstanding relationship with Cornerstone, and we’ve seen impactful business results since implementing their solutions for learning and development, workplace collaboration, performance management and succession planning,” said Joshua Craver, vice president of talent management for Western Union. “Cornerstone plays an important role in the productivity of our people and the overall success of our business, and we value their continued partnership and technological innovation.”
[1] Gartner, Inc., “Magic Quadrant for Talent Management Suites,” Jeff Freyermuth, Ron Hanscome, Helen Poitevin, Sam Grinter, Melanie Lougee, John Kostoulas, Mike Burden, February 28, 2017.