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Cornerstone OnDemand

@cornerstoneondemand.com

Cornerstone OnDemand provides cloud-based talent management software solutions.

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About

Description

Cornerstone OnDemand is a leading global provider of cloud-based talent management solutions. Headquartered in Santa Monica, California, United States, the company was founded in 1999 by Adam Miller and Perry Wallack. Cornerstone OnDemand was established with the mission to help organizations attract, develop, engage, and retain their workforce through its innovative software-as-a-service (SaaS) platform.


The company offers a comprehensive suite of talent management products and services, including recruiting automation, learning management, performance management, career development, succession planning, and HR administration. Its platform allows organizations to streamline their human resources processes, enhance employee training and development, and optimize overall workforce effectiveness. Cornerstone OnDemand operates globally, serving over 7,000 clients in approximately 180 countries.


The company has established subsidiaries in various regions, such as the United Kingdom, France, Germany, Singapore, and Australia, to cater to local markets effectively. In addition, Cornerstone OnDemand has formed strategic partnerships and joint ventures with other industry leaders, such as Workday, Microsoft, and IBM, to enhance its offerings and expand its global reach. With its innovative solutions and global presence, Cornerstone OnDemand has positioned itself as a leader in the talent management market.


The company has consistently demonstrated strong financial performance, with global sales amounting to $631. 8 million in 2020. It faces competition from other talent management software providers, including Oracle, SAP, and Adobe Systems.


However, Cornerstone OnDemand stands out through its comprehensive suite of products and focus on client success. In recent years, Cornerstone OnDemand has continued to expand its product lineup and enhance its offerings. The company has introduced features like artificial intelligence-driven talent search and advanced analytics to provide clients with greater insights and efficiency.


It has also made strategic acquisitions, including Grovo Learning and Saba Software, to further strengthen its market position and broaden its capabilities. As of the latest available information, Cornerstone OnDemand continues to be a global leader in talent management solutions. It remains committed to helping organizations optimize their workforce and drive business success through its innovative cloud-based platform

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Company Type

Privately Held

Company Size

1001-5000

Year Founded

1999

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