Cloud provider Appirio on Thursday said it has partnered with Cornerstone OnDemand, a software-as-a-service human capital management (HCM) company, to broaden its talent management portfolio.
Cloud-based talent management, which includes human resources and other business management resources, has become a hot market, in which Appirio intends to take a strong position.
The partnership follows and builds on Appirio's acquisition last October of HCM provider Knowledge Infusion, for an undisclosed amount.
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"We are seeing more engagement in large-scale transformation efforts, not just involving human resources, but sales and services. So, Cornerstone OnDemand is a natural extension." Narinder Singh, co-founder and chief strategy officer at Appirio, said in an interview with CRN.
Appirio will become Cornerstone OnDemand's preferred service provider and work with Cornerstone’s clients to build talent and learning management applications. Appirio’s existing HCM portfolio includes recruiting, onboarding, human resources, performance management, learning management and employee engagement, the company said.
Appirio will provide platform-as-a-service cloud management through its Cloud Enablement Suite and its CloudSpokes developer community, to extend Cornerstone’s solutions and services.
Appirio will also provide consulting, process design, project management, deployment and content creation.
Appirio, with 600 employees, is a privately held company and does not disclose financial information. Cornerstone OnDemand, publicly owned, reported $30.8 million in revenue and $21.6 in gross profits in the third quarter of 2012.
PUBLISHED FEB. 7, 2013