Oslo, Norway – 19 February 2013 – Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based Learning & Talent Management solutions, today announces that Statkraft, Europe's largest renewable energy company, and Hydro, a global manufacturer of aluminum, have selected Cornerstone’s talent management technology to help manage and develop talent within the organisations. Statkraft has invested in the complete Cornerstone Talent Management platform, whilst Hydro has invested in Cornerstone Performance & Talent Cloud.

“In Scandinavia, the energy industry is growing at a rapid rate, which in turn is creating great demand for people. Organisations are looking to attract and retain talented people, but to do so, they require HR technology, which can share information, supporting productivity, highlight career opportunities and help develop people,” said Kasper Eldam, Enterprise Sales Manager, Northern Europe, Cornerstone OnDemand.

Statkraft had previously relied on a variety of HR solutions to manage all of its HR tasks. However, it wanted to consolidate all information relating to recruitment, learning and performance, succession and compensation into one platform for its 3,000 employees. It selected Cornerstone OnDemand because of the speed at which it could deploy the solution and its ability to share information across the different elements of the platform, creating a clear life cycle for every employee, from recruitment to development.

Hydro selected Cornerstone OnDemand because it wanted a standardized approach to performance management across the organisation’s multiple locations and 23,000 employees. Ease of use and implementation was crucial as the company wanted a solution that effectively could support a performance oriented culture without being overly reliant on IT support or Cornerstone OnDemand.

Elin Horn Wintermeyer, Head of Organisation & Leadership Development, Hydro, commented, “With a company of our size and operating across multiple geographies, it’s really important that every employee has the same opportunities to develop and progress. We wanted one common approach to performance management to ensure that everyone is given the best tools to help them perform in their job and develop within the company.”

Kasper Eldam concluded, “We’re really pleased to be working with Statkraft and Hydro. Previously in Scandinavia performance and learning management was driven by focusing on compliance. However, today we’re seeing a shift, with businesses understanding the benefits that can be delivered in terms of developing and retaining people.”

About Cornerstone OnDemand
Cornerstone OnDemand is a leading global provider of a comprehensive learning and talent management solution. We enable organisations 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 develop employees throughout their careers, engage all employees effectively, improve business execution, cultivate future leaders, and integrate with their external networks of customers, vendors and distributors. We currently empower over 10.5 million users across 189 countries and in 38 languages.

For more information on Cornerstone OnDemand, please visit: http://www.cornerstoneondemand.com/

Media Contact:
Rocket Communications
Jo Ashford / Lawrie Benfield
t:08453 707 024
e: Cornerstone@rocketcomms.net

Further information (external website)