Cornerstone OnDemand Acquires SkyHive to Enhance Workforce Agility Solutions

Cornerstone OnDemand, a leading workforce agility solutions provider, has made a strategic move by acquiring AI startup SkyHive. This acquisition expands Cornerstone’s capabilities in skills transformation, offering leaders a comprehensive understanding of workforce agility.

SkyHive is known for its AI-powered skills intelligence platform, which helps organizations build skills-based structures and provides visibility into employee capabilities. By joining forces with Cornerstone, SkyHive will enhance the company’s reskilling capabilities with predictive labor market intelligence, automated job architecture management, and rapid skill proficiency detection.

The collaboration between Cornerstone and SkyHive aims to address the workforce readiness gap that many organizations face. With the ability to parse terabytes of global workforce data daily, SkyHive provides real-time insights into the global labor economy and forecasts emerging critical skills. This data-rich solution will streamline organizations’ journey towards a dynamic skills-oriented approach to workforce development.

Himanshu Palsule, CEO of Cornerstone, emphasized the importance of understanding the skills landscape in empowering organizations to adapt to changing business needs. The shared mission of educating and reskilling the world brought Cornerstone and SkyHive together, as stated by SkyHive’s Co-Founders Sean Hinton and Mohan Reddy.

Industry experts like Dani Johnson, Co-Founder and Principal Analyst at RedThread, have praised the acquisition as a smart move that sets Cornerstone apart from other providers. The announcement of the acquisition coincides with the launch of Cornerstone Galaxy at the company’s Connect Live events, showcasing the commitment to helping organizations build agile workforces.

Overall, the acquisition of SkyHive by Cornerstone OnDemand marks a significant step towards revolutionizing skills transformation and workforce agility in the modern workplace. The partnership between the two companies is expected to bring innovative solutions to a wider audience and drive the adoption of a skills-centric approach to talent development.