• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
hr software

What Your HR Data Can Tell You About Your Business

By
Heather Clancy
Heather Clancy
Down Arrow Button Icon
By
Heather Clancy
Heather Clancy
Down Arrow Button Icon
May 11, 2016, 3:35 PM ET
Courtesy of Cornerstone OnDemand

Cornerstone OnDemand, one of few remaining pure-play players in cloud talent management software, wants more credibility outside the human resources department. To make its case, the company introduced new workforce analytics services this week that it believes could be used for broader business planning purposes.

For example, a manufacturer or energy exploration company might combine sales forecasts with information about the skill sets and career paths of existing employees to redeploy teams to different locations or to reprioritize hiring plans.

The data, part of an offering called Cornerstone Insights, could also be used to predict potential compliance risks, said Cornerstone OnDemand (CSOD) president and CEO Adam Miller. It could also be used to filter incoming job applications so recruiters can focus only on the best-qualified applicants. The new services build on machine learning technology from Evolv, which the cloud software company acquired in October 2014.

Get Data Sheet, Fortune’s daily technology newsletter.

Most organizational issues are related to people, not widgets. For healthcare providers, for example, growth is closely tied to whether or not nurses are earning certifications that match patient trends. For banks, the overriding concern might be staying on top of compliance. For the government, it might come down to adequate succession planning. Miller told Fortune:

A lot of people assume that the software we do is for HR. That is what it was 20 years ago. PeopleSoft was predominantly about the HR department and making their lives easier, and doing all the transactional management for HR. Talent management today—and the reason it has become so widespread, it has become a must-have even for small businesses—is not about HR. It’s about managing the business, managing the organization, and that can take many forms.

With projected revenue of $428 million to $434 million this year, Cornerstone is much smaller than the companies that Miller names as its biggest rivals in talent management—SAP (SAP) (which bought SuccessFactors in 2011) and Oracle (ORCL) (which bought HR software pioneer PeopleSoft in December 2014). Miller considers the likes of payroll giant ADP, workforce management specialist Kronos (KRO), and cloud HR company Workday (WDAY) as frenemies—sometime partners, sometime competitors.

Cornerstone’s influence is impressive. Its software is used by more than 25 million people at close to 2,700 companies, according to the company. For perspective, the entire “universe” of people using talent management applications today is around 85 million, Miller estimates. He believes there are roughly 315 million “seats” still up for grabs.

Cornerstone is becoming more entrenched with its existing customers—close to 70% of them are using two or more of its applications, usually the ones for managing skills development and ongoing career performance.

This HR software company has some hiring advice. Watch:

“These two tie together really well,” Miller said. “If someone is not performing, you could punish them somehow. It’s more likely that you can train them to be better at what they’re having problems with.”

For its first quarter, which it reported May 4, Cornerstone closed multiple “eight-figure” contracts, according to Miller. While the company made its name with businesses that employ between 10,000 and 30,000 employees, more recently it has made inroads into companies with up to 400,000 people on the payroll, he said. Two of its larger customers include hospitality company Hyatt and drug store chain Walgreens.

About the Author
By Heather Clancy
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

kamala
PoliticsElections
Kamala Harris says she’s ‘thinking about’ running for president again: ‘I’ll keep you posted’
By Steve Peoples, Matt Brown and The Associated PressApril 10, 2026
19 minutes ago
scott bessent
CybersecurityFederal Reserve
The AI that found 27-year-old vulnerabilities no human ever caught before just forced an emergency meeting with every major Wall Street CEO
By Jake AngeloApril 10, 2026
23 minutes ago
man leaning against t shirt stand
EconomyInflation
Inflation goes up by a whopping monthly rate of nearly 1%—and it’s hitting you at the grocery store and gas station
By Catherina Gioino and Eva RoytburgApril 10, 2026
31 minutes ago
A young man looks at his phone, and a flurry of red arrows point downwards.
Cryptosports betting
Prediction markets have made betting easier than ever—and young men are paying the price
By Carlos GarciaApril 10, 2026
39 minutes ago
‘I’m still here 12 hours a day’: Luana Lopes Lara on building Kalshi as the world’s youngest female self-made billionaire
NewslettersMPW Daily
‘I’m still here 12 hours a day’: Luana Lopes Lara on building Kalshi as the world’s youngest female self-made billionaire
By Emma HinchliffeApril 10, 2026
46 minutes ago
evs
EconomyChina
Trump’s gift to China: a booming market for cheap, state-of-the-art EVs amid the Iran War
By Chan Ho-Him and The Associated PressApril 10, 2026
2 hours ago

Most Popular

The U.S. government is spending $88 billion a month in interest on national debt—equal to spending on defense and education combined
Economy
The U.S. government is spending $88 billion a month in interest on national debt—equal to spending on defense and education combined
By Fortune EditorsApril 9, 2026
1 day ago
A Meta employee created a dashboard so coworkers can compete to be the company's No. 1 AI token user—and Zuckerberg doesn't even rank in the top 250
AI
A Meta employee created a dashboard so coworkers can compete to be the company's No. 1 AI token user—and Zuckerberg doesn't even rank in the top 250
By Fortune EditorsApril 9, 2026
1 day ago
Mark Cuban admits he made a mistake letting go of the Mavericks: 'I don't regret selling. I regret who I sold to'
Investing
Mark Cuban admits he made a mistake letting go of the Mavericks: 'I don't regret selling. I regret who I sold to'
By Fortune EditorsApril 9, 2026
1 day ago
'I hate working 5 days': Zoom CEO says traditional work schedules are becoming obsolete—and predicts a 3-day workweek by 2031
Success
'I hate working 5 days': Zoom CEO says traditional work schedules are becoming obsolete—and predicts a 3-day workweek by 2031
By Fortune EditorsApril 9, 2026
1 day ago
Gen Z doesn't want your full-time job. They want several part-time roles, and it's reshaping the entire workforce
Success
Gen Z doesn't want your full-time job. They want several part-time roles, and it's reshaping the entire workforce
By Fortune EditorsApril 9, 2026
1 day ago
Current price of oil as of April 9, 2026
Personal Finance
Current price of oil as of April 9, 2026
By Fortune EditorsApril 9, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.