Recent Developments
Positioning itself as Human Capital Management as a Service provider by introducing Cornerstone Edge for ISVs that can leverage its app builder and marketplace to extend their microservices that encapsulate Cornerstone's Learning, Recruiting and other HCM apps.
Overview
Ownership: Public - CSOD : Nasdaq GS
Employees: 1788
Functional Market: Workforce analytics, Compliance, Onboarding, Recruiting, Attract & Engage, Applicant Tracking Systems, Performance & Goal Management, Learning & Development, Succession & Leadership Planning, Compensation Management,
Key Verticals: Aerospace & Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, Construction and Real Estate, Distribution, Education, Government, Healthcare, Insurance, Leisure & Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Professional Services, Retail, Transportation, ,
SCORES Analysis
Cornerstone OnDemand Strengths
Cornerstone OnDemand has achieved ubiquity by making its Cloud-based human capital and talent management applications widely available across a wide spectrum of sales channels and end-user organizations. Its core solution consists of the Cornerstone Recruiting Cloud, the Cornerstone Performance Cloud, the Cornerstone Learning Cloud and the Cornerstone Extended Enterprise Cloud.
All of its clients are being supported in a multi-tenant environment that covers anywhere between 150,000 and 350,000 users from a single instance of Cornerstone applications. The number of Cornerstone users has surpassed 20 million after reaching 3.3 million in 2009, 5 million in 2011 and 10.6 million in 2012 and 14 million in 2013. The sharp rise in 2014 underscored its ability to sustain its momentum given the laws of the big numbers.
In 2014, Cornerstone acquired Evolv for its workforce planning and analytics applications, aiming to capture a growing share of the Big Data and machine learning markets. That’s on top of the widespread adoptions of its learning and performance management applications. In addition, Cornerstone moved swiftly into eRecruiting in 2012 by taking advantage of the market volatility sparked by a spate of mergers and acquisitions among its rivals.
Cornerstone has also benefited from its OEM partners such as ADP and Ellucian.
In May 2016, Cornerstone launched a suite of people analytics products including Cornerstone View, an interactive data visualisation application that gives business leaders deeper intelligence about their people, as well as Cornerstone Planning, an intuitive workforce planning application that helps organisations easily create, manage and execute accurate hiring plans over multiple time horizons. The company also added two new dashboards to Cornerstone Insights, its predictive and prescriptive analytics solution that equips business leaders with the intelligence to better recruit, train, manage and develop their people.
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- Key differentiators
- Domain Expertise
- Product portfolio
- Solution scope
Cornerstone OnDemand HCM & Cloud HCM Applications Revenues, $M:
| Type/Year | 2014 | 2015 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Cornerstone OnDemand 2015 Revenue Breakdown by Type:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Cornerstone OnDemand 2015 HCM Applications Revenues By Sub-Functional Markets, $M:
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Split by Sub-Functional Markets
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2015 HCM Revenues, By Sub-Functional Markets, $M
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Cornerstone OnDemand 2015 HCM Applications Revenues By Verticals, $M:
Cornerstone OnDemand 2015 Total & HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2015 Total Revenues, $M | 2015 HCM Applications Revenues, $M |
|---|---|---|---|
| North Americas | Subscribe | Subscribe | Subscribe |
| Latin Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Cornerstone OnDemand 2015 Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Cornerstone OnDemand Customers
No. of Customers: Subscribe
No. of HCM Applications Customers: Subscribe
No. of Cloud HCM Customers: Subscribe
No. of Cloud HCM Subscribers: Subscribe
Don't Miss our Customer Database
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- Reference wins across regions
- Customer Size segments
- Customer wins momentum
Cornerstone OnDemand Opportunities
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- Market Opportunities at the vertical and subvertical levels
- Mergers and Acquisitions (M&A), Funding
- Geo Expansions
Cornerstone OnDemand Risks
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- Ability to handle internal and external risk and challenges
Cornerstone OnDemand Ecosystem
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- Health of ecosystem
- Network Effects of BPO, ISV, SI
- VAR Partners
- Direct vs Indirect sales
Cornerstone OnDemand Cloud Platform (PaaS) & Infrastructure (IaaS) Details
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- Cloud Infrastructure (IaaS)
- Cloud Platform (PaaS)
- Cloud Application delivery (SaaS)
- Data Center (Hosting)
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/https://www.appsruntheworld.com/offerings
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