2011 Magic Quadrant for Employee Performance Management Software Positions Cornerstone OnDemand as a Leader
Company Recently Placed in Leaders Quadrant of the 2011 Magic Quadrant for Corporate Learning Systems Report
SANTA MONICA, CA. --(March 30, 2011)-- Cornerstone OnDemand (NASDAQ:CSOD), a leading provider of a comprehensive learning and talent management software solution, today announced it has been placed by Gartner Inc. in the "Leaders Quadrant" of the 2011 Gartner Magic Quadrant for Employee Performance Management Software report.1 According to the report, employee performance management software includes performance, succession and compensation management capabilities. The Magic Quadrant positions vendors according to their "Ability to Execute" and "Completeness of Vision."
"Integrated training and development makes performance appraisal actionable, succession planning meaningful and career pathing functional. In other words, a truly integrated system helps employees use performance management information to actually improve skills, acquire knowledge and close performance gaps."
In addition to performance management and succession planning, Cornerstone's comprehensive talent management solution includes platforms for learning management, enterprise social networking, and extended enterprise engagement and enablement. The company recently was placed by Gartner Inc. in the "Leaders Quadrant" of the 2011 Gartner Magic Quadrant for Corporate Learning Systems (CLS) report.2
"Our performance and succession platforms are used by global organizations to better engage their people, increase productivity and retention, build leadership pipelines, and foster talent mobility. However, appraising performance and identifying future leaders are only the first steps," said Charles Coy, Director of Product Marketing for Cornerstone OnDemand. "Integrated training and development makes performance appraisal actionable, succession planning meaningful and career pathing functional. In other words, a truly integrated system helps employees use performance management information to actually improve skills, acquire knowledge and close performance gaps."
The report defines Leaders as having strong product functionality and providing superior customer experience. In addition, these vendors have strong direct sales and/or channel sales capabilities. Leading vendors also have strong or emerging multinational solutions (with corresponding service and support).
For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com. To follow Cornerstone OnDemand on Twitter, go to http://twitter.com/cornerstoneinc. To read Cornerstone OnDemand's talent management blog, visit http://www.cornerstoneondemand.com/blog.
About the Magic Quadrant
The Magic Quadrants are copyrighted 2011 by Gartner, Inc. and are reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Cornerstone OnDemand
Cornerstone OnDemand is a leading global provider of a comprehensive learning and talent management solution delivered as software-as-a-service (SaaS). We enable organizations to meet the challenges they face in empowering their people and maximizing the productivity of their human capital. Our solution consists of five integrated platforms for learning management, enterprise social networking, performance management, succession planning and extended enterprise. Our clients use our solution to develop employees throughout their careers, engage all employees effectively, improve business execution, cultivate future leaders and integrate with their external networks of customers, vendors and distributors. We currently empower more than 4.9 million users across 164 countries and in 23 languages.
Cornerstone® and Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand Inc.
1. Gartner, "Magic Quadrant for Employee Performance Management," James Holincheck, Thomas Otter, and Jeff Freyermuth, March 28, 2011
2. Gartner, "Magic Quadrant for Corporate Learning Systems," Jeff Freyermuth, James Holincheck and Thomas Otter, March 24, 2011
Michelle Haworth, +1-310-752-0178
mhaworth @ csod.com
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