Every fall I spend quite a bit of time updating research reports and our knowledge base relative to human resource software products. This spring, a number of HR vendors have been aggressively communicating a number of new capabilities and market successes to me.
In recent weeks, I have or will be briefed by Kenexa, Mercer, Ultimate, SilkRoad and others. Last week, I spoke with Adam Miller, CEO of Cornerstone.
Cornerstone has some interesting statistics, statistics that are particularly interesting to me as they have a software as a service (SaaS) solution. Cornerstone claims to have eight out of the 10 largest HR SaaS deals on record. Seven of these deals have over 150,000 user seats each. One customer alone accounts for 700,000 of their subscribers.
Not everything about Cornerstone is related to the large deal sizes they have closed. In fact, the company has made a concerted effort to move into the SMB market in recent years. Nonetheless, Cornerstone has some 3.5 million users on the same software instance of its application software code. The way Cornerstone implements software as a service, each customer has their own instance of a SQL Server database. As you would infer, the Cornerstone software as a service was built on a Microsoft .Net stack.
Cornerstone currently does not possess any externally accessible platform as a service. Adam Miller indicated that PaaS was âall the rage today and we will get to itâ. However, he indicated that their current focus is instead oriented on building a world-class talent management solution…