Answerthink Receives SAP North America Partner Award
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Source: Newsfilter
- Award Recognition: Answerthink® was honored with the SAP® North America Partner Award at the 2026 SAP North America Partner Summit, acknowledging its outstanding contributions to SAP Business Data Cloud success, which reflects the high trust and recognition from clients.
- Partnership Legacy: As a long-standing SAP partner since its founding in 1997, Answerthink® has consistently focused on driving digital transformation, enabling clients to adopt innovations rapidly and enhance operational efficiency, thereby maintaining a competitive edge in a challenging market.
- Technological Investment: Answerthink® has made significant investments in the SAP Business Data Cloud platform, aiming to provide clients with a unified, intelligent data foundation that maximizes the potential of SAP solutions, resulting in enhanced insights and business performance.
- Industry Impact: This award not only highlights Answerthink®'s strong influence in the North American market but also underscores its ongoing commitment to innovation and application of SAP solutions, further solidifying its core position within the SAP ecosystem.
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Analyst Views on HCKT
Wall Street analysts forecast HCKT stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 10.640
Low
27.00
Averages
27.50
High
28.00
Current: 10.640
Low
27.00
Averages
27.50
High
28.00
About HCKT
The Hackett Group, Inc. is an IP and platform-based, Gen artificial intelligence (A.I.) strategic consulting and executive advisory company. The Company’s segments include Global Strategy & Business Transformation (Global S&BT), Oracle Solutions, and SAP Solutions. The Global S&BT segment includes the Company’s Gen A.I. and strategic business consulting practices. The Oracle Solutions Segment includes the Company’s Oracle Enterprise Performance Management (EPM)/ Enterprise Resource Planning (ERP) and Digital Application Maintenance and Support (AMS) practices. SAP Solutions segment includes the Company’s SAP applications and related SAP service offerings. Its software platform includes AI XPLR and ZBrain.ai. Its AI assessment platform allows measuring and assessing the impact of Gen A.I. technologies. It provides expertise in Gen A.I. strategy, operations, finance, strategic sourcing, and information technology, including its Oracle, SAP, OneStream, and Coupa implementation offerings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Answerthink Receives SAP North America Partner Award
- Award Recognition: Answerthink® was honored with the SAP® North America Partner Award at the 2026 SAP North America Partner Summit, acknowledging its outstanding contributions to SAP Business Data Cloud success, which reflects the high trust and recognition from clients.
- Partnership Legacy: As a long-standing SAP partner since its founding in 1997, Answerthink® has consistently focused on driving digital transformation, enabling clients to adopt innovations rapidly and enhance operational efficiency, thereby maintaining a competitive edge in a challenging market.
- Technological Investment: Answerthink® has made significant investments in the SAP Business Data Cloud platform, aiming to provide clients with a unified, intelligent data foundation that maximizes the potential of SAP solutions, resulting in enhanced insights and business performance.
- Industry Impact: This award not only highlights Answerthink®'s strong influence in the North American market but also underscores its ongoing commitment to innovation and application of SAP solutions, further solidifying its core position within the SAP ecosystem.
See More
Enterprises Accelerate AI Adoption in Supply Chain Operations
- Accelerated AI Adoption: The Hackett Group's study reveals that 83% of enterprises are piloting or implementing AI in supply chain intelligence and analytics, with 79% utilizing AI for data visualization, indicating a shift towards digital transformation to enhance decision-making speed and service performance amid persistent cost pressures.
- Enhanced Planning Capabilities: 74% of enterprises have implemented AI in sales and operations planning (S&OP) or integrated business planning (IBP), and 72% in advanced planning and scheduling, resulting in significantly shorter data analysis cycles and improved efficiency in service cost trade-off decision-making.
- Shifting Priorities: Cost efficiency remains the top priority for supply chain leaders for the third consecutive year, while digital transformation has surged to the second priority from fifth place, reflecting a growing recognition of the importance of modernizing platforms and data for future competitive advantage.
- Challenges and Opportunities: Despite rapid AI adoption, data quality (50%) and data integration (47%) remain significant challenges, with 45% of leaders citing a lack of AI talent as a major constraint, highlighting the need for targeted investments in talent and data readiness.
See More
Hackett Group Unveils AI World Class Benchmarks for Enterprise Transformation
- Performance Enhancement Opportunities: The Hackett Group's AI World Class benchmarks reveal that organizations can achieve a 75% performance advantage through process-led AI transformation, significantly enhancing their competitive positioning in the market.
- Strategic Investment Guidance: The new benchmarks provide a framework for organizations to assess specific workflows, helping prioritize high-value opportunities, reduce execution risks, and accelerate ROI, ensuring companies do not fall behind in a rapidly changing environment.
- Precise Performance Measurement: AI World Class benchmarks quantify the impact across 16 critical end-to-end processes, including cost, full-time equivalent requirements, cycle times, and error rates, enabling organizations to build more actionable business cases and optimize investment decisions.
- Grounded in Proprietary Intelligence: These benchmarks are built on over 30 years of proprietary benchmarks and process data from Hackett, combined with Hackett AI XPLR's capabilities to validate true enterprise workflows and automation maturity before AI design and deployment.
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Hackett Group (HCKT) Q1 2026 Earnings Transcript
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Hackett Group Q1 2026 Earnings Call Insights
- AI Platform Transition: CEO Ted Fernandez emphasized that Hackett Group is aggressively migrating to an AI platform-enabled sales and delivery model, which, while significant, is currently pressured by macroeconomic uncertainty and elongated client decision cycles affecting near-term performance.
- Declining Financial Performance: For Q1 2026, total revenues were reported at $67.8 million, an 11% decrease year-over-year, with adjusted net income at $8.7 million and diluted EPS at $0.34, reflecting challenges faced during the transition and weak market demand.
- Cautious Future Outlook: CFO Robert Ramirez guided Q2 revenues to be between $68.5 million and $70 million, with expectations for sequential growth in Global S&BT and Oracle Solutions segments, yet still down from the previous year, indicating a complex market environment.
- AI Transition Costs: The company anticipates incurring approximately $500,000 in AI transition charges in Q2, which may continue throughout 2026, highlighting the need for careful cost and resource management during the transition to ensure long-term profitability and market competitiveness.
See More
Hackett Group Q1 2026 Earnings Report Analysis
- Disappointing Performance: Hackett Group reported a Q1 2026 non-GAAP EPS of $0.34, missing estimates by $0.01, indicating pressure on profitability that may affect investor confidence.
- Revenue Decline: The company generated $68.8 million in revenue for Q1, an 11.7% year-over-year decrease, falling short of the $72 million expectation, reflecting weak market demand and intensified competition that could hinder future growth.
- Cautious Outlook: For Q2 2026, Hackett estimates total revenue between $68.5 million and $70 million, indicating a cautious stance on market recovery, with adjusted EPS projected between $0.33 and $0.35, suggesting ongoing profitability challenges.
- Strategic Adjustments: Despite the disappointing Q1 results, Hackett plans to roll out a comprehensive GenAI platform in 2026 and pursue new partnerships to drive revenue growth, demonstrating proactive exploration in its transformation efforts.
See More
Answerthink Receives SAP North America Partner Award
- Award Recognition: Answerthink® was honored with the SAP® North America Partner Award at the 2026 SAP North America Partner Summit, acknowledging its outstanding contributions to SAP Business Data Cloud success, which reflects the high trust and recognition from clients.
- Partnership Legacy: As a long-standing SAP partner since its founding in 1997, Answerthink® has consistently focused on driving digital transformation, enabling clients to adopt innovations rapidly and enhance operational efficiency, thereby maintaining a competitive edge in a challenging market.
- Technological Investment: Answerthink® has made significant investments in the SAP Business Data Cloud platform, aiming to provide clients with a unified, intelligent data foundation that maximizes the potential of SAP solutions, resulting in enhanced insights and business performance.
- Industry Impact: This award not only highlights Answerthink®'s strong influence in the North American market but also underscores its ongoing commitment to innovation and application of SAP solutions, further solidifying its core position within the SAP ecosystem.
See More
Enterprises Accelerate AI Adoption in Supply Chain Operations
- Accelerated AI Adoption: The Hackett Group's study reveals that 83% of enterprises are piloting or implementing AI in supply chain intelligence and analytics, with 79% utilizing AI for data visualization, indicating a shift towards digital transformation to enhance decision-making speed and service performance amid persistent cost pressures.
- Enhanced Planning Capabilities: 74% of enterprises have implemented AI in sales and operations planning (S&OP) or integrated business planning (IBP), and 72% in advanced planning and scheduling, resulting in significantly shorter data analysis cycles and improved efficiency in service cost trade-off decision-making.
- Shifting Priorities: Cost efficiency remains the top priority for supply chain leaders for the third consecutive year, while digital transformation has surged to the second priority from fifth place, reflecting a growing recognition of the importance of modernizing platforms and data for future competitive advantage.
- Challenges and Opportunities: Despite rapid AI adoption, data quality (50%) and data integration (47%) remain significant challenges, with 45% of leaders citing a lack of AI talent as a major constraint, highlighting the need for targeted investments in talent and data readiness.
See More
Hackett Group Unveils AI World Class Benchmarks for Enterprise Transformation
- Performance Enhancement Opportunities: The Hackett Group's AI World Class benchmarks reveal that organizations can achieve a 75% performance advantage through process-led AI transformation, significantly enhancing their competitive positioning in the market.
- Strategic Investment Guidance: The new benchmarks provide a framework for organizations to assess specific workflows, helping prioritize high-value opportunities, reduce execution risks, and accelerate ROI, ensuring companies do not fall behind in a rapidly changing environment.
- Precise Performance Measurement: AI World Class benchmarks quantify the impact across 16 critical end-to-end processes, including cost, full-time equivalent requirements, cycle times, and error rates, enabling organizations to build more actionable business cases and optimize investment decisions.
- Grounded in Proprietary Intelligence: These benchmarks are built on over 30 years of proprietary benchmarks and process data from Hackett, combined with Hackett AI XPLR's capabilities to validate true enterprise workflows and automation maturity before AI design and deployment.
See More
Hackett Group (HCKT) Q1 2026 Earnings Transcript
See More
Hackett Group Q1 2026 Earnings Call Insights
- AI Platform Transition: CEO Ted Fernandez emphasized that Hackett Group is aggressively migrating to an AI platform-enabled sales and delivery model, which, while significant, is currently pressured by macroeconomic uncertainty and elongated client decision cycles affecting near-term performance.
- Declining Financial Performance: For Q1 2026, total revenues were reported at $67.8 million, an 11% decrease year-over-year, with adjusted net income at $8.7 million and diluted EPS at $0.34, reflecting challenges faced during the transition and weak market demand.
- Cautious Future Outlook: CFO Robert Ramirez guided Q2 revenues to be between $68.5 million and $70 million, with expectations for sequential growth in Global S&BT and Oracle Solutions segments, yet still down from the previous year, indicating a complex market environment.
- AI Transition Costs: The company anticipates incurring approximately $500,000 in AI transition charges in Q2, which may continue throughout 2026, highlighting the need for careful cost and resource management during the transition to ensure long-term profitability and market competitiveness.
See More
Hackett Group Q1 2026 Earnings Report Analysis
- Disappointing Performance: Hackett Group reported a Q1 2026 non-GAAP EPS of $0.34, missing estimates by $0.01, indicating pressure on profitability that may affect investor confidence.
- Revenue Decline: The company generated $68.8 million in revenue for Q1, an 11.7% year-over-year decrease, falling short of the $72 million expectation, reflecting weak market demand and intensified competition that could hinder future growth.
- Cautious Outlook: For Q2 2026, Hackett estimates total revenue between $68.5 million and $70 million, indicating a cautious stance on market recovery, with adjusted EPS projected between $0.33 and $0.35, suggesting ongoing profitability challenges.
- Strategic Adjustments: Despite the disappointing Q1 results, Hackett plans to roll out a comprehensive GenAI platform in 2026 and pursue new partnerships to drive revenue growth, demonstrating proactive exploration in its transformation efforts.
See More
