PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Bob Little Press & PR

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Cornerstone OnDemand Accelerates Aggressive Growth - Despite economy, Cornerstone achieves record-level success in first half of 2009, announces strategic investments across the company to ready growth into 2010
Cornerstone OnDemand Accelerates Aggressive Growth

 

NewswireToday - /newswire/ - St Albans, Herts, United Kingdom, 2009/08/26 - Despite economy, Cornerstone achieves record-level success in first half of 2009, announces strategic investments across the company to ready growth into 2010.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Education/e-Learning/Training Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Cornerstone OnDemand Inc., a leading provider of on-demand learning and talent management software and services, today announced that despite the current economic climate, the company has performed at record levels for the third straight quarter. New client bookings for the first half of 2009 were up by more than 100 percent from the previous year, led by the addition of more than 742,000 new users. Named among the top 100 fastest-growing private software companies in the U.S. by Inc. magazine, Cornerstone also recently announced plans for investing in the company’s continued growth.

“Momentum is in Cornerstone’s favor,” said Adam Miller, President and CEO of Cornerstone OnDemand. “Now is the time for us to step on the gas, advance the company’s strong competitive position, and ready the company for massive growth into 2010. This includes investing in the success of our clients, in the quality and innovation of our software, in direct and indirect sales distribution, and in the development and success of Cornerstone’s valued team members.”

Cornerstone is broadening the scope of its alliances operations in an effort to scale existing partner initiatives, expand the company’s referral network and improve partner enablement. To lead these efforts, the company has promoted former Senior Director of Strategy and Research, David Somers, to Vice President of Alliances and Strategy.

In addition to leveraging its relationship with ADP® Employer Services, the company is expanding its direct sales teams in order to increase Cornerstone’s share of mid-market business. The move supports the recent launch of Cornerstone Business Edition, the company’s talent management solution built specifically for medium-sized organizations. The sales team also is bolstering its vertical expertise, hiring specialists in key market segments such as healthcare and the public sector.

Strategic investments and hires in other areas across the company, such as client services, consulting, product development and software infrastructure, allow Cornerstone to continue to scale its operations, serve its rapidly growing client base, further extend its international reach and significantly expand its market share.

“While other talent management software vendors have faced workforce reductions, mergers and consolidations, Cornerstone has been the exception,” commented Miller. “We are continuing to invest to ensure the success of our clients and the strength of our team.”

Other company highlights include:

• Global Client Wins: To date, more than 2.7 million active users in 141 countries use Cornerstone’s Software-as-a-Service (SaaS)-based solutions. Second quarter client wins include American Bankers Association; Money Advice Trust; New York Presbyterian Hospital; ValleyCrest; two respected international non-profit organizations; a UK-based investment and insurance firm; and a leading European financial services company, among others.

• Product Innovation: In May, the company expanded its Succession Management platform. Designed to help organizations better engage, motivate and retain valued employees, features such as detailed resumes, career preferences and job profiles lay the groundwork for major new functionality focused on employee career management.

• Strategic Alliances: Cornerstone has significantly expanded its global footprint via new strategic reseller relationships with premier organizations such as ADP® Employer Services, with more than 550,000 clients worldwide, and Australia-based Talent2, the leading talent management and HR outsourcing firm in the Asia-Pacific region.

• Empowering Communities: The company continues to expand the Cornerstone OnDemand Foundation, which leverages the company’s expertise in workforce development, education and software deployment, as well as other organizational assets, for philanthropic and community benefit. United Way of the Bay Area and Goodwill Industries of San Francisco, San Mateo and Marin Counties have joined Teach for America, Oxfam America and Save the Children as strategic non-profit partners of the Foundation.

About Cornerstone OnDemand
Cornerstone OnDemand (cornerstoneondemand.com) empowers people around the world with on-demand, integrated learning and talent management software and services for connecting, developing and performing in the workplace. Cornerstone’s Software-as-a-Service (SaaS)-based solutions span the workforce lifecycle, including onboarding, learning, social networking, compliance, performance, compensation and succession planning. The company also provides extended enterprise solutions to help companies better train and collaborate with customers, vendors and resellers. Available in 16 languages and supported by global, 24x7 customer care, Cornerstone is used by more than 2.7 million active subscribers in 141 countries. The company is headquartered in Santa Monica, California and has international offices in London, Paris, Munich and Tel Aviv.

Cornerstone® and Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand Inc.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Education/e-Learning/Training Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Bob Little Press & PR

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Education/e-Learning/Training articles,
CATCH Visitors via Your Competitors Announcements!


Cornerstone OnDemand Accelerates Aggressive Growth

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Bob Little - BobLittlePR.com 
+44 1 727 860405 bob.little[.]boblittlepr.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Bob Little Press & PR securities in any jurisdiction including any other companies listed or named in this release.

Education/e-Learning/Training via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Bob Little Press & PR / Company Profile


Read Education/e-Learning/Training Most Recent Related Newswires:

Pearson Partners with iCare to Deliver Evidence-Based Electronic Health Records Learning Experience for Nursing Students
CloudQast Adds Features to its Video-based Learning Platform
SolarVenti Australia and Massey University Release Research Project Results on Indoor Air Quality in Classrooms
Lithan Invests 10 Million Dollars to Align with SkillsFuture Movement
CloudQast Launches Two Legislation-related Generic E-learning Programmes
International Award for Gamification Nation
Learning Objects Releases Comprehensive, Competency-Based Learning Platform
Encertify Has Joined Hands with VMEdu, Inc. to Promote Training and Certification Programs
Four Innovative Learning Products From Pearson Win 2016 Award of Excellence from Tech & Learning Magazine
Soaring Sky Unveils New Training Opportunity for Aspiring Commercial Drone Pilots
BITSync 2016 The First Pan-American BITSian Conference Indeed A Stellar Constellation
BigMainStreet.com Launches the Experiential Online Business Courses in USA
eXact Learning Solutions Adds A New Authoring Feature to its LCMS
The DevLearn International Exhibition Receives Further Sponsorship from EXact Learning Solutions
The Springboard Programme’s Growing Success for Women in Oman

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)