Research Alerts & Press Releases 2016

June 28, 2016

The Hackett Group Launches Oracle ERP Cloud Services Practice; Offering Greater Business Value Through Integrated Best Practices

MIAMI & LONDON, June 28, 2016 - 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, Inc.

The Hackett Group (NASDAQ: HCKT) is an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices implementation firm to global companies, offering digital transformation including robotic process automation and enterprise cloud application implementation. Services include business transformation, enterprise analytics, 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 and SAP practices.

The Hackett Group has completed more than 13,000 benchmarking studies with major corporations and government agencies, including 93% of the Dow Jones Industrials, 87% of the Fortune 100, 87% of the DAX 30 and 58% 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.

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 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.

Media Relations

Media relations inquiries about The Hackett Group should be directed to Gary Baker, Communications Director at or +1 917 796 2391.