Cornerstone OnDemand Holds Strategic Leader Position For Fifth Consecutive Year in Fosway 9-Grid™ for Talent Management
London – 17 October 2019 – Cornerstone OnDemand, Inc. (NASDAQ: CSOD), a global leader in cloud-based learning, talent management and emerging talent experience software, today has been recognised for the fifth year running as a Strategic Leader in the October 2019 Fosway 9-Grid™ for Talent Management.
Cornerstone OnDemand also features in the new 2019 Fosway 9-Grid™ for Cloud HCM, maintaining its position as Core Challenger with a strong future trajectory.
These positions reflect Cornerstone’s strong client advocacy and investment in innovation to meet the needs of the rich global client base. Cornerstone’s client portfolio in Europe has doubled in the past three years and global investment in R&D has constantly increased in the past five years to reach 23% of turnover.
Celebrating its 20th anniversary this year, Cornerstone continues to ramp up the development of its solutions, recently launching Cornerstone Conversations. This new module, which is part of the Cornerstone Performance Suite, helps organisations develop managers into effective coaches and offers employees the ongoing feedback and transparency they crave.
The Fosway 9-Grid™ is a five-dimensional model that assesses the relative position of solutions and providers in a particular learning and talent system market. It ranks these solutions based on their Performance, Potential, Market Presence, Total Cost of Ownership and Future Trajectories across the market. The Fosway 9-Grid™ is a completely unique market analysis model, offering independent and unparalleled research and insights for the next generation of European HR, Talent and Learning markets.
Comments on the news:
“Cornerstone continues to maintain its position as a Strategic Leader in Talent Management, both globally and in Europe," said David Wilson, CEO, Fosway Group. "The continued investment in its solutions together with growing momentum in talent acquisition and strengths in learning performance enable it to meet the complex needs of enterprise clients, as well as delivering a connected experience for employees across the talent lifecycle.”
“To maintain the Strategic Leader position for five consecutive years means constantly innovating our solutions to meet today’s talent requirements. Those needs evolve fast and so do we,” explains Vincent Belliveau, chief executive, Europe, Middle East and Africa (EMEA) for Cornerstone. “We never sit still as an organisation, driving innovations big and small – from new product lines, to continuously adding features and functionalities making incremental and important improvements.”
“Our position as Core Challenger in the Fosway 9-Grid™ for Cloud HCM is a reflection of our solid client base, who want a flexible, cost-effective alternative to rigid HR systems, with a strong focus on user experience. We develop with our clients, staying focused on the truly transformational aspects of HR, as opposed to transactional items covered by local payrolls systems.” Vincent Belliveau continues, “It’s great to have this industry recognition of our commitment, determination and hard work in supporting organisations around the world.”
- For more information about the Cornerstone Performance Suite: https://www.cornerstoneondemand.co.uk/performance-suite
- For more information about the Cornerstone HR Suite: https://www.cornerstoneondemand.co.uk/cornerstone-hr-suite
Cornerstone powers the future ready workforce, with HR software and solutions designed to unite people, teams, technology and business, and inspire a work environment of growth, agility and success for all. With an AI-powered and skills-forward system designed for the contemporary workforce, we help organisations modernise the learning and development experience, deliver the most relevant content from anywhere, accelerate talent and career mobility, and establish skills as the universal language of growth and success across the business. Cornerstone serves over 6,000 customers and 75M users and is available in 180 countries and 50 languages. Learn more at Cornerstone OnDemand.