Cornerstone OnDemand Recognized for 311 Percent Revenue Growth by Deloitte’s 2009 Technology Fast 500™
Talent management software firm advances its ranking among the fastest-growing technology companies in North America
Santa Monica, Calif., October 22, 2009 – Cornerstone OnDemand Inc., a leading provider of Software-as-a-Service (SaaS)-based learning and talent management solutions, today announced it has advanced its ranking from no. 431 to no. 388 on Deloitte’s 2009 Technology Fast 500™ list of fastest-growing technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004 to 2008. Cornerstone grew 311 percent during this period.
Despite the down economy, Cornerstone continues to outperform its competitors, enjoying triple-digit growth of new client bookings and a nearly 300 percent surge in active subscribers over the past year. Cornerstone is also significantly expanding its global reach via the company’s strong-performing European division and strategic reseller partnerships with firms such as ADP® Employer Services, which has more than 550,000 clients worldwide.
“It is an honor to be recognized by Deloitte and the Technology Fast 500 as one of North America’s fastest growing technology companies,” said Adam Miller, President and CEO of Cornerstone OnDemand. “Cornerstone’s momentum over the past few years can be attributed to the quality and innovation of our software, our dedication to providing best-in-class client service, and the success of our global sales teams and reseller channels. We will continue to invest in these key areas to ensure the success of our clients and the continued growth of the company into 2010.”
In addition to the Technology Fast 500, Cornerstone recently was ranked among the top 100 fastest growing private software companies in the U.S. by Inc. magazine. Miller also was named 2009 CEO of the Year by the Technology Council of Southern California.
For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com. To read Cornerstone OnDemand’s talent management blog, visit http://www.cornerstoneondemand.com/blog. To follow Cornerstone OnDemand on Twitter, visit http://twitter.com/cornerstoneinc.
Cornerstone was founded with a passion for empowering people through learning and a conviction that people should be your organisation’s greatest competitive advantage.
Cornerstone is a global human capital management leader with a core belief that companies thrive when they help their employees to realize their potential. Putting this belief into practice, Cornerstone offers solutions to help companies strategically manage and continuously develop their talent throughout the entire employee lifecycle.
Featuring comprehensive recruiting, personalised learning, development-driven performance management, and holistic HR planning, Cornerstone’s human capital management platform is successfully used by more than 3,500 global clients of all sizes, spanning more than 42 million users across 192 countries and 43 languages.
Learn more at cornerstoneondemand.co.uk.