Cornerstone OnDemand, the provider of on-demand, integrated talent management software and services, has announced it has been positioned by Gartner, in the ‘leaders’ quadrant of the Gartner Magic Quadrant for Corporate Learning Systems (CLS).
The Magic Quadrant positions vendors according to their ability to execute and their completeness of vision.
According to the Gartner report, Leaders must not only meet the market’s current requirements, which are continually changing, but also anticipate future requirements.
Also fundamental is the ability to articulate how they will address these requirements as part of a vision for an expanded CLS.
In addition, Leaders have a proven track record of financial performance and an established market presence.
Their installed base gives them a strong presence in the CLS market, and they demonstrate continued growth in customers and revenue.
In terms of vision, they are perceived as thought leaders, with well articulated plans for product development, marketing and channel support.
Leaders have the highest combined scores for ‘ability to execute’ and ‘completeness of vision’.
These strategic providers will continue to drive the market forward by broadening their CLS functionality and integration.
Buyers can expect that, as a group, Leaders will be considered as part of most new product purchases and will continue to have high success rates in winning new business.
“We’re honored to be placed in the CLS Leaders Quadrant. Since our inception, Cornerstone’s mission has been to empower people with the most comprehensive and easily configurable learning and talent management software-as-a-service platform,” said Adam Miller, CEO of Cornerstone OnDemand.
Cornerstone provides integrated solutions to organisations around the world that span the workforce lifecycle and include employee induction, learning, collaboration, compliance, performance, succession and compensation, as well as robust reporting, and training for the extended enterprise.
“Cornerstone continues to innovate and work with our clients to deliver the most powerful talent management solution on the market.
“With the upcoming launch of Cornerstone Connect, we will deliver a truly revolutionary social networking and collaboration platform that will change the face of the talent management industry, where collaboration, learning and performance are the essential pillars of a successful human capital management strategy,” said Miller.