SYDNEY, March 19, 2013 /PRNewswire/ -- Cornerstone OnDemand (NASDAQ: CSOD), a global leader in cloud-based talent management software solutions, today announced it has been placed by Gartner Inc. in the "Leaders Quadrant" of the 2013 Gartner Magic Quadrant for Talent Management Suites report.(Note 1) According to the report, talent management suites include capabilities for learning management, performance management, succession planning, compensation management and recruiting management. The Magic Quadrant positions vendors according to their "Ability to Execute" and "Completeness of Vision."
"We believe our recognition as a Leader in the first Gartner Magic Quadrant for Talent Management Suites further confirms Cornerstone's product leadership, focus on innovation and dedication to client success," said Adam Miller, founder and CEO of Cornerstone OnDemand. "Talent management has emerged as one of the most important business initiatives within global organizations today. We feel our placement as the only independent, best-of-breed vendor in the Leaders Quadrant is a testament to the depth of our solution and our commitment to our more than 10 million users worldwide."
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.
In addition to the Gartner report, Cornerstone also was ranked as a "Leader" in the March 2013 report, "The Forrester Wave™: Talent Management, Q1 2013" by Forrester Research Inc.
For more information about Cornerstone OnDemand, visit www.csod.com. To follow Cornerstone OnDemand on Twitter, go to http://twitter.com/cornerstoneinc. To read Cornerstone OnDemand's talent management blog, visit http://www.csod.com/blog.
About Cornerstone OnDemand
Cornerstone OnDemand is a leading global provider of comprehensive talent management solutions delivered as Software-as-a-Service (SaaS). Our solutions are designed to enable organizations to meet the challenges they face in empowering and maximizing the productivity of their human capital. Our core solution is an integrated, cloud-based suite that consists of the Cornerstone Recruiting Cloud, the Cornerstone Performance Cloud, the Cornerstone Learning Cloud and the Cornerstone Extended Enterprise Cloud. Our clients use our core solution to source and recruit top talent, develop employees throughout their careers, engage employees effectively, improve business execution, cultivate future leaders, and integrate with their external networks of customers, vendors and distributors. We currently empower over 10.5 million users across 189 countries and in 38 languages.
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed 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.
Note 1: Gartner, "Magic Quadrant for Talent Management Suites," Thomas Otter, Jeff Freyermuth and Ron Hanscome, March 14, 2013
Media Contacts:
Michelle Haworth
Cornerstone OnDemand
Phone: +1-310-752-0178
mhaworth@csod.com
Cher Chan
Cornerstone OnDemand
Phone: +852-3965-3115
cchan@csod.com
