The Hackett Group Launches Oracle ERP Cloud Services Practice; Offering Greater Business Value Through Integrated Best Practi...
June 28 2016 - 9:30AM
Business Wire
The Hackett Group, Inc. (NASDAQ: HCKT) today announced an
expansion of its existing Enterprise Performance
Management/Business Intelligence (EPM/BI) Practice to include a
newly-created Oracle ERP Cloud Services Practice.
Recognizing the dramatic increase in the use of cloud technology
in today’s digital business transformation efforts, and Oracle’s
strategic shift to the cloud, The Hackett Group is extending their
intellectual property and best practice implementation model to the
Oracle ERP Cloud Services platform. The Hackett Group is a Platinum
member of Oracle’s PartnerNetwork.
Leadership Position
Doug Hansen, who until recently served as an Oracle Application
and Analytics Area Vice President, has joined The Hackett Group as
a Principal, EPM Strategy, and will lead The Hackett Group’s new
Oracle ERP Cloud Services Practice. Mr. Hansen brings extensive
experience with Oracle EPM, business analytics and ERP solutions
and is a highly-regarded professional in this area. He will be
responsible for activities in The Hackett Group’s North America,
Mexico and Uruguay development hubs.
Combining Unparalleled Intellectual Property with Oracle
Cloud Applications
The new Oracle ERP Cloud Services Practice is designed to build
on the core strengths of The Hackett Group -- advisory,
benchmarking, and transformation, including its top-ranked EPM/BI
Practice. The Hackett Group's extensive research in core processes,
combined with its experience in implementing Oracle applications in
the cloud, will enable it to offer clients unique value.
The Hackett Group intends to continue its strategy to embed its
intellectual property via digital delivery vehicles, enabling
clients to improve efficiency and effectiveness with
empirically-proven best practices, configurations and on-line
advisor support for their cloud application designs and
implementations. This digital delivery model is unique to the
marketplace and will greatly augment the on-site and off/near shore
delivery teams. Integrated best practices enable the focus of
client implementations to shift from functions and features to
business value and performance outcomes, and therefore can unlock
greater value to the enterprise.
According to The Hackett Group Principal Scott McHale, "Oracle
was recently named number one in EPM by CFO magazine, and The
Hackett Group has been a leading EPM partner for several years.
With our credentials and digitized intellectual property in this
important market, we will work closely to help Oracle grow its
cloud applications business. We already see tremendous demand
within our existing EPM client base for this new technology
offering.”
About The Hackett Group
The Hackett Group (NASDAQ: HCKT) is an intellectual
property-based strategic consultancy and leading
enterprise benchmarking and best practices implementation
firm to global companies. Services include business
transformation, enterprise performance
management, working capital management, and global
business services. The Hackett Group also provides dedicated
expertise in business strategy, operations, finance, human capital
management, strategic sourcing, procurement, and information
technology, including its award-winning Oracle EPM and SAP
practices.
The Hackett Group has completed more than 11,000 benchmarking
studies with major corporations and government agencies, including
93% of the Dow Jones Industrials, 86% of the Fortune 100, 87% of
the DAX 30 and 52% of the FTSE 100. These studies drive its Best
Practice Intelligence Center™ which includes the firm's
benchmarking metrics, best practices repository, and best practice
configuration guides and process flows, which enable The Hackett
Group’s clients and partners to achieve world-class
performance.
More information on The Hackett Group is available at:
www.thehackettgroup.com, info@thehackettgroup.com, or by calling
(770) 225-3600.
Cautionary Statement Regarding “Forward Looking”
Statements
This release contains “forward looking” statements within the
meaning of Section 27A of the Securities Act of 1933 as amended and
Section 21E of the Securities Exchange Act of 1934, as amended.
Statements including without limitation, words such as “expects”,
“anticipates”, “intends”, “plans”, “believes”, seeks”, “estimates”
or other similar phrases or variations of such words or similar
expressions indicating, present or future anticipated or expected
occurrences or outcomes are intended to identify such forward
looking statements. Forward looking statements are not statements
of historical fact and involve known and unknown risks,
uncertainties and other factors that may cause the Company’s actual
results, performance or achievements to be materially different
from the results, performance or achievements expressed or implied
by the forward looking statements. Factors that may impact such
forward looking statements include without limitation, the ability
of Hackett to effectively market the Oracle ERP Cloud Services
against competition from other consulting and professional/trade
associations/companies who may have or develop in the future,
similar offerings, the commercial viability of the Oracle ERP Cloud
service, changes in expectations regarding technology products,
Hackett’s ability to market and sell its consulting and
transformation services, Oracle’s continued status as a leading
solution in the ERP Cloud services, the ability of Hackett to
attract skilled employees, changes in collections of accounts
receivable, risk of competition, price and margin trends, changes
in general economic conditions and interests rates as well as other
risk detailed in Hackett’s reports filed with the United States
Securities and Exchange Commission. Hackett does not undertake any
duty to update this release or any forward looking statements
contained herein.
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version on businesswire.com: http://www.businesswire.com/news/home/20160628005043/en/
The Hackett GroupGary Baker, 917-796-2391Global Communications
Directorgbaker@thehackettgroup.com
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