February 07, 2013 : Companies team to help organizations transform their human capital management initiatives and empower the new workforce
SAN FRANCISCO and SANTA MONICA, Calif., February 7, 2013 – Cornerstone OnDemand (NASDAQ: CSOD), a leading cloud solutions provider, and Appirio, a global services provider and one of the largest human capital management (HCM) technology consultancies, today announced they have formed a strategic global relationship. Appirio will become a preferred service provider for Cornerstone's cloud-based talent management solutions. The teaming of the two companies also allows Appirio to broaden its existing talent management solution.
"Cloud, mobile and social technologies have changed everything, especially the way employees find jobs, engage in the workplace and grow in their careers," said Chris Barbin, CEO of Appirio. "Few get this as well as Cornerstone, which has created and continues to evolve its solutions with these shifts in mind. Cornerstone is a perfect complement to our existing HCM capabilities and will be a great addition to partnerships we currently have in place with leading cloud companies."
As a preferred service provider, Appirio will work with Cornerstone's clients and prospects to design and deliver a comprehensive and highly impactful talent and learning management solution. These capabilities will become part of Appirio's broader HCM portfolio, which help organizations move people-based processes such as recruiting, onboarding, core HR, performance management, learning management and employee engagement from tactical to transformational.
Cornerstone can now tap into Appirio's team of global experts, along with the company's integrated Appirio Services Platform and its fast-growing CloudSpokes developer community, to extend Cornerstone's solutions and services. Appirio will provide full service offerings including strategy consulting, governance and process design, project management, deployment and integration, and content creation.
"Appirio's experience in helping more than 500 enterprises apply cloud technology in innovative ways, through their work with companies like salesforce.com, Workday and Google, makes teaming with them great for both Cornerstone and our clients," said Adam Miller, founder and CEO of Cornerstone OnDemand. "Talent management has become an increasingly essential component of empowering the new workforce. By managing people strategies in the cloud, organizations are better positioned to effectively meet the ever-changing needs of the global workforce."
According to research from IDC, the worldwide HCM market is forecasted to reach $11 billion in 2016.1 According to Lisa Rowan, program director, HR, learning and talent strategies for IDC, "Despite economic uncertainty in various parts of the world, human capital management investments have remained strong, driven in large part by SaaS and next-generation talent management software solutions. More organizations are migrating to integrated, cloud-based solutions that allow them to gain a global view into their workforces, evenly apply talent management efforts, streamline operations and achieve more with their current resources."
Listen to "The Changing Face of HR Technology" webinar from Jason Averbook, Chief Business Innovation Officer at Appirio
Read commentary on the new relationship from Appirio and Cornerstone
About AppirioAppirio is a global services provider who uses crowdsourcing and cloud, social and mobile technology to help enterprises reimagine their business and become more agile. Appirio brings together technology expertise with a deep understanding of the way people work, and the nearly limitless skills of a crowdsourcing community of 70,000+ developers, to help enterprises transform relationships with their customers, partners and workforce. Appirio has worked with more than 500 enterprises, including organizations like Facebook, Intuit, Japan Post Network, L'Oreal, McGraw-Hill, NetApp, The Four Seasons, and Virgin America. The company is backed by Sequoia Capital, GGV Capital and General Atlantic.
About Cornerstone OnDemandCornerstone OnDemand is a leading global provider of comprehensive learning and talent management solutions. We enable organizations to meet the challenges they face in empowering their people and maximizing the productivity of their human capital. Our integrated software-as-a-service (SaaS) solution consists of the Cornerstone Recruiting Cloud, the Cornerstone Performance Cloud, the Cornerstone Learning Cloud and the Cornerstone Extended Enterprise Cloud. Our clients use our solution to source and recruit top talent, develop employees throughout their careers, engage employees effectively, improve business execution, cultivate future leaders, and integrate with their external networks of customers, vendors and distributors. We currently empower over 10.3 million users across 186 countries and in 38 languages. www.csod.com
Cornerstone® and Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand Inc.
1. IDC, "Worldwide Human Capital Management Applications 2012-2016 Forecast: Market Continues Strong," May 2012