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Cornerstone OnDemand, Inc. (NASDAQ: CSOD) will host the Learning Content Summit: Thriving in a Changing World on Nov. 2, 2020, in collaboration with HR.com. The event will focus on the importance of learning content in adapting to future challenges and feature keynote speakers like Liggy Webb and Dr. Britt Andreatta. Attendees can expect dynamic sessions, breakout discussions, and networking opportunities. For registration and agenda details, visit here.
Beamery has announced the completion of its integration certification with Cornerstone OnDemand (CSOD). This integration facilitates a real-time, bi-directional sync of requisition data between Beamery's Talent CRM and Cornerstone Recruiting software, enhancing the efficiency of talent acquisition teams. This partnership aims to reduce manual processes and improve candidate engagement, ultimately decreasing hiring times. Additionally, Beamery has joined Cornerstone's Edge Marketplace to ensure ongoing collaboration and alignment of product development.
Cornerstone OnDemand (NASDAQ:CSOD) plans to release its third quarter 2020 financial results on November 5, 2020, after market close. A conference call will follow at 2 p.m. PT (5 p.m. ET) to discuss these results. Investors and analysts can access dial-in details and a live webcast on Cornerstone's investor relations events page. An audio replay will be available shortly after the call, lasting until November 8, 2020. Cornerstone is a leader in people development solutions, serving approximately 6,300 clients across 180 countries.
Cornerstone OnDemand (NASDAQ: CSOD) announced the appointment of Ajay Awatramani as its chief product officer, effective immediately. With over 15 years of experience in product management at major software companies like Adobe and Marketo, Awatramani will lead the product strategy and management to enhance Cornerstone's offerings. This move follows Cornerstone's recent acquisition of Saba Software, expanding its customer base to around 6,300 organizations and over 75 million users globally. CEO Phil Saunders emphasized the importance of Awatramani's expertise in driving innovation.
Cornerstone OnDemand (NASDAQ: CSOD) announced the launch of the Cornerstone Skills Graph, an AI-powered skills engine embedded in its people development solutions. This technology enables 'strategic skilling', which matches employee skills with job roles and learning content, enhancing organizational adaptability to changes. With over 53,000 unique skills in its taxonomy, the Skills Graph facilitates skill identification and development, addressing a significant skills gap in the workforce. The company aims to empower employees and organizations through improved skills mapping and personalized learning pathways.
Cornerstone OnDemand (CSOD) released a global workforce trends report highlighting a significant confidence gap in skills development between business leaders and employees. Conducted amid the COVID-19 pandemic, the survey showed that while 90% of leaders are confident in their ability to develop employee skills, only 60% of employees share this sentiment. Major barriers to development include time constraints, uncertainty about job roles, and the need for personal growth opportunities. The report emphasizes leveraging data-driven technology for better skills alignment and organizational agility.
Cornerstone OnDemand (NASDAQ: CSOD) announced an expanded collaboration with Project HOPE to provide online COVID-19 training for frontline healthcare workers in remote areas. The free courses, available in English and Spanish, aim to enhance the workers' capacity to respond to the pandemic while ensuring their health. So far, over 2,800 learners from 139 countries have participated, completing around 5,000 hours of training. The initiative is vital as in-person training is restricted, particularly in developing nations facing rising infection rates.
