Cornerstone acquires SkyHive

Cornerstone OnDemand today announced the acquisition of workforce skills intelligence capabilities and a team of highly specialised domain experts from SkyHive.

SkyHive’s AI-powered skills intelligence platform and services help customers build skills-based organisations, providing visibility into the capabilities of employees and enabling organisations in their transformation efforts.  

This acquisition accelerates Cornerstone’s reskilling capabilities with predictive labour market intelligence, automated job architecture management, rapid skill proficiency detection, and other services to help organisations build agile workforces.  

SkyHive provides real-time granular visibility into the global labour economy and forecasts emerging critical skills, helping organisations predict future needs.  

“People are at the center of everything that powers an organisation — from its competitive advantage to its ability to stay agile. But without a clear grasp on the skills landscape, organisations cannot train, empower or effectively activate their people to adapt to changing business needs,” said Himanshu Palsule, CEO of Cornerstone. “With SkyHive’s AI-powered technology, access to massive amounts of labour market data, and team of domain experts, we’re able to accelerate our vision of helping our customers become agile and build skills-based organisations.”

“For Cornerstone and SkyHive, our founding missions align and point towards a shared north star of educating and reskilling the world, so much so that it feels as though we were meant to come together,” said Sean Hinton and Mohan Reddy, Co-Founders of SkyHive. “A skills centric approach is the future, but adoption of this approach has not reached the mass of its potential to transform the world. Together with Cornerstone we’re excited to bring this to a wider audience and build upon this future jointly.”