Cornerstone OnDemand (NASDAQ: CSOD) continues to earn recognition as a leading cloud-based talent management software provider from top industry analyst firms, the company announced today. For the third year in a row, Cornerstone has been named a “Leader” in IDC’s Integrated Talent Management 2013 MarketScape report 1, as well as a “Leader” in IDC’s 2013 MarketScape reports for Performance 2 and Learning. 3
Cornerstone also was named a “Major Player” in IDC’s 2013 MarketScape reports for Recruiting 4 and Compensation. 5
“With strong functional capabilities, true multi-tenant SaaS for scalability, and solid customer references, Cornerstone OnDemand is once again a Leader in this analysis. Strengths include very high scores in customer service, depth of capability of individual modules, cost appropriateness, and timeliness of releases,” Lisa Rowan, program director of HR, learning and talent strategies for IDC, states in the 2013 Integrated Talent Management MarketScape report.
IDC’s report also notes that with market consolidation and maturity, and gaps in traditional talent functionality closing, attributes such as quality of customer service and product innovation in the areas of mobile, social and analytics will become even more essential factors in differentiation among vendors.“We’re thrilled to once again be recognized as a talent management market leader by IDC’s MarketScape report,” said Adam Miller, founder and CEO of Cornerstone OnDemand. “While consolidation has adversely affected many of our legacy competitors, Cornerstone continues to advance in every category of talent management. Our position as the only independent, best of breed vendor to be recognized as a talent management leader by Gartner and Forrester and now IDC is a result of our unrelenting focus on providing best-in class client service, continuous product innovation and truly redefining the way employees work.” One example of Cornerstone’s achievements in product innovation is the Cornerstone Recruiting Cloud, which continues to garner positive industry accolades and recognition since it was launched in 2012. “In just a short period of time, we’ve been able to successfully develop the Recruiting Cloud into a world-class sourcing and talent acquisition solution that supports the modern ways organizations recruit both internal and external talent,” commented Miller. “We’re empowering both candidates and employees with the ability to market their experience, skills and professional interests beyond traditional, one-dimensional resumes, as demonstrated through the power of our organically developed integrated talent management suite.”