EdCast’s customers range from G2000 companies to small businesses to government organizations.
Cornerstone serves over 6,000 customers and 75M users and is available in 180 countries and 50 languages.ĮdCast provides an award-winning platform for end-to-end employee and talent experience journeys. With an AI-powered, skills-forward, experiential system designed for the contemporary workforce, we help organizations modernize their 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 their business. “By bringing these two important product categories together, the company gives customers a one-stop solution for end-to-end learning solutions.”Ĭornerstone powers the future-ready workforce with adaptive HR solutions designed to unite technology, data and content and inspire a work environment of growth, agility and success for all. “This acquisition gives Cornerstone the combination of a world class LMS with an industry leading Learning Experience Platform.” said Josh Bersin, Global Industry Analyst. Organizations globally will be able to access an open, platform-agnostic people growth experience with a “connect to anything” approach that allows them to bring their own external LMS, content, performance, recruiting, and HRIS solutions. The company will roadmap a single-user experience for customers across people growth and development, providing tighter data connectivity, deepened skills intelligence, and a single pane of insight and analytics across the entire Cornerstone portfolio. With EdCast, Cornerstone customers can deliver a people growth experience that spans learning, skills, careers and mobility, alongside Cornerstone’s entire portfolio of learning management, performance, recruiting and HR management offerings, to ensure unified business rules, efficient management and optimized processes. Powering the Future-Ready Workforce Together
#CORNERSTONE ON DEMAND SOFTWARE#
“By uniting Cornerstone and EdCast, we are following through on our promise to bring innovative software solutions to customers, which in turn, creates more value for their organizations and their employees.” “This acquisition reinforces our growth vision for Cornerstone,” said Prashant Mehrotra, Partner, and Paul Huber, Managing Director, at Clearlake. Together, we are committed to focusing on people growth innovation, with the same platform independence, ecosystem and industry-agnostic approach for which EdCast is known.” “The team at Cornerstone recognizes the value our EdCasters bring to the table and the importance of customer choice. “Innovation has always been at the heart of our vision at EdCast, and we’re excited for the opportunity to partner with Cornerstone, bringing our teams together to re-shape the market and add power and scale to our mission,” said Mehta. Karl Mehta former CEO of EdCast, will be joining Cornerstone to lead the new EdCast business unit within the company. Together, we’ll help customers take their learning and talent initiatives – and the people experience at work – to a new level.” We’re excited to accelerate our shared and complementary vision to create a more open platform for talent leaders, and an AI-powered growth experience for people. “Combined with the EdCast team, Cornerstone is fast tracking our commitment to platform-agnostic innovation. While our collective expertise and scale has the potential to transform learning, the value of the combination extends well beyond that,” said Himanshu Palsule, CEO of Cornerstone. “Cornerstone’s acquisition of EdCast is a significant moment for the industry. Together, Cornerstone and EdCast will help organizations around the world improve productivity across their businesses.
The platform will enable organizations of all sizes to create a scalable learning infrastructure, extend the impact of talent technology investments, and deliver personalized growth for employees that spans learning, skill development, content, and career mobility. (together with its affiliates, “Clearlake”), today announced it has completed its acquisition of EdCast.Ĭornerstone and EdCast are united in a vision to create an open platform for people development, growth, and mobility, powered by AI, machine learning, and people data. SANTA MONICA, Calif.-( BUSINESS WIRE)- Cornerstone OnDemand, Inc., a cloud-based talent management software provider backed by Clearlake Capital Group, L.P.
0 kommentar(er)
