Today, Cornerstone’s talent management solutions enable HR departments at 6,000,000 organizations in 180 countries to take advantage of technology, data and content innovations to modernize their training and skills development strategies.
To multiply the potential of its offering, Cornerstone recently announced the acquisition of EdCast, a leader in learning experience solutions (LXP). In this way, it will be able to offer an open platform, dedicated to the development, growth and mobility of people, powered by Artificial Intelligence (AI), machine learning and people data.
“Cornerstone’s acquisition of EdCast is an important moment for the industry. While our collective expertise and scale have the potential to transform learning, the value of the combination extends much further,” said Himanshu Palsule, CEO of Cornerstone.
With EdCast, Cornerstone clients can deliver a people growth experience that encompasses development, skills, careers and mobility, in conjunction with the rest of Cornerstone’s learning, performance, recruiting and HR solutions to ensure unified business rules, efficient administration and optimized processes.
“This acquisition gives Cornerstone the combination of a world-class LMS with an industry-leading learning experience platform,” said Josh Bersin, Global Industry Analyst. “By bringing these two important product categories together, the company provides customers with a comprehensive solution for end-to-end learning solutions,” said Bersin.