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Market Alert: Cornerstone’s Acquisition of EdCast Creates First Mature End-To-End Future-Of-Work Learning Suite From a Single Vendor

What Happened In mid-March 2022, corporate learning solutions vendor Cornerstone announced that it has entered into a definitive agreement to acquire EdCast, provider of a learning experience platform. Once the acquisition is complete, as a result, the industry’s first mature end-to-end learning suite will be available from a single vendor. Background Following a long stint as a publicly traded company, Cornerstone returned to private ownership in late 2021, this time under the auspices of the private equity firm Clearlake Capital Group L.P. With this development for Cornerstone comes the flexibility and agility to compete in a crowded market for corporate learning technology and products. The acquisition of EdCast is evidence.   Download the full 3Sixty Insights Market Alert:

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iCIMS Understands: Talent Acquisition Is Now Inside and Outside

The linear, one-to-many and many-to-one journey of the job seeker is fast becoming a quaint relic of the past. So is its counterpart, the conventional approach to talent acquisition for hiring organizations — also at once one-to-many and many-to-one. This extinction is good, not bad. It would be great if this extinction picked up the pace. Many remain trapped in the old binary, a ledger of job seekers on one side and hiring organizations on the other as both apply an anachronistic model to their search. Their collective lives can be frustrating. In bad economies, the odds of this model working in favor of job seekers are exceedingly low as an influx of applications flood the hiring organization’s zone. In bad and good economies alike, […]

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