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Cornerstone OnDemand Positioned in Leaders Quadrant of 2011 Magic Quadrant for Corporate Learning Systems

^{Published on 2011-03-30 05:45:35 - Market Wire}
 

SANTA MONICA, Calif.--([ BUSINESS WIRE ])--[ 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 aLeaders Quadranta of the 2011 Gartner Magic Quadrant for Corporate Learning Systems report.¹ The Magic Quadrant positions vendors according to their aAbility to Executea and aCompleteness of Vision.a

"We also continue to see more organizations using our software to reach beyond the traditional four walls of the organization and build smart customer and partner networks. This can facilitate both top-line revenue and bottom-line results, as well as become a new source of enduring competitive advantage."

aWe credit our recognition as a Leader by Gartner in the Magic Quadrant for Corporate Learning Systems to the quality and innovation of our organically developed software solution, as well as our relentless focus on supporting the success of our clients,a said Charles Coy, Director of Product Marketing for Cornerstone OnDemand. aRecent activity among other learning vendors to build out or acquire additional talent management functionality validates our long-held product strategy. Learning has always lived at the core of Cornerstonea™s integrated talent management suite, ensuring that performance, succession and career management dona™t end with assessment or measurement. Continuous learning tools can close identified competency and readiness gaps to ensure that organizations have the right people, in the right jobs, with the right skills.a

Cornerstonea™s [ learning and development ] platform, Cornerstone Learning, helps businesses optimize their investments in people by delivering highly targeted training of any kind a" ensuring that blended learning initiatives actively address identified competency and skill gaps and drive organizational performance. The platform provides a single point of online access to e-Learning delivery, instructor-led training (ILT) administration, virtual classroom sessions, content management and compliance management.

The companya™s Cornerstone Connect platform for [ enterprise social collaboration ] allows organizations to evolve their current LMS strategies to include social and continuous learning, all integrated with more traditional LMS capability.

Cornerstonea™s comprehensive software solution also includes Cornerstone [ Extended Enterprise ], a platform for training, certifying and enabling extended networks of partners, suppliers, resellers, distributors and customers.

aOrganizations of all sizes and across various industries use our continuous learning platform to empower their people with tools for developing new skills, being productive leaders, collaborating effectively with colleagues and contributing directly to the success of the business,a said Coy. aWe also continue to see more organizations using our software to reach beyond the traditional four walls of the organization and build smart customer and partner networks. This can facilitate both top-line revenue and bottom-line results, as well as become a new source of enduring competitive advantage.a

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 OnDemanda™s talent management blog, visit [ http://www.cornerstoneondemand.com/blog ].

About the Magic Quadrant

The Magic Quadrant is copyrighted 2011 by Gartner Inc. and is 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, aMagic Quadrant for Corporate Learning Systems,a Jeff Freyermuth, James Holincheck and Thomas Otter, March 24, 2011