The Hackett Group Launches New Market Intelligence Service For Software and Services Providers and Users
23 September 2022 - 12:00AM
Business Wire
Service Will Measure, Rate and Compare
Providers’ Ability To Deliver Targeted Business Value and Help
Companies Achieve Digital World Class™ Performance
The Hackett Group, Inc. (NASDAQ: HCKT) today announced the
launch of a new Market Intelligence Service for software and
service providers designed to provide corporate executives with
critical intelligence and insights that can inform their purchasing
decisions. The Market Intelligence Service will measure software
and service providers’ ability to deliver business value and their
unique capabilities to help companies achieve Digital World Class
performance levels.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220922005133/en/
(Graphic: Business Wire)
The new Market Intelligence Service from The Hackett Group® will
evaluate software and solution providers using the Hackett
Excelleration Matrix™, which is designed to assess offerings based
on capabilities, business performance impact or business value, and
also the ability to improve process and functional performance and
alignment with empirically proven best practices in The Hackett
Group’s renowned benchmarking database. Specific to software, the
service will rank providers in three major categories: Integrators,
Innovators, and Digital World Class Solutions. (see graphic).
The Hackett Group’s comprehensive intellectual property relies
on data, insights, and applied knowledge drawn from nearly 20,000
benchmark studies with the world’s leading businesses – including
97% of the Dow Jones Industrials, 94% of the Fortune 100, 70% of
the DAX 30 and 51% of the FTSE 100.
“In today’s increasingly digital world, it’s not enough for
solution providers to just have a robust feature set. Companies
want solutions that can deliver results, and The Hackett Group is
in a unique position to help them assess and select the offerings
that can do this,” said The Hackett Group Chief Market Intelligence
Officer Michel Janssen. “While other companies compare and rate
solution providers on technology and scale, we’re utilizing our
in-depth process knowledge and insights from our unmatched
benchmarks to create a new outcome-based paradigm and truly
assessing how well solution providers can help companies generate
ROI and achieve targeted business outcomes. We believe this will be
a powerful and attractive value proposition for all C-level
executives and their respective teams.”
According to The Hackett Group Chairman and CEO Ted A.
Fernández, “For decades, The Hackett Group has relied on its
proprietary benchmark studies, process and best-practices
implementation expertise. Now we’re offering companies a way to
drive even greater value, by helping them evaluate which solution
provider offerings will best help them improve efficiency,
effectiveness, and customer experience, and achieve Digital World
Class performance levels.”
Initial research reports from The Hackett Group’s new Market
Intelligence Service will focus on software providers for the
customer-to-cash processes, with separate research reports
covering: cash application; collection and dispute management;
order/contract management; customer billing; and credit management.
The second wave of research reports will focus on the source-to-pay
area, and examine: third-party risk; environmental, social, and
governance issues; and other areas.
Research reports from the Market Intelligence Service will be
offered to The Hackett Group’s clients. In addition, they will be
sold individually with results available for licensing by solution
providers for use in their marketing and sales efforts.
For more information on The Hackett Group’s Market Intelligence
Service, visit
https://www.thehackettgroup.com/market-intelligence/.
About The Hackett Group
The Hackett Group, Inc. (NASDAQ: HCKT) is an intellectual
property-based strategic consultancy and leading enterprise
benchmarking firm to global companies, offering digital
transformation, including implementation of leading enterprise
cloud applications, workflow automation and analytics that enable
Digital World Class™ performance.
Drawing from our unparalleled IP from nearly 20,000 benchmark
studies with the world’s leading businesses – including 97% of the
Dow Jones Industrials, 94% of the Fortune 100, 70% of the DAX 30
and 51% of the FTSE 100 – captured through our leading benchmarking
platform, Quantum Leap® and our Digital Transformation Platform
(DTP), we accelerate best-practice implementations.
More information on The Hackett Group is available at:
www.thehackettgroup.com, info@thehackettgroup.com, or by calling
(770) 225-3600.
The Hackett Group, quadrant logo, World Class Defined and
Enabled, Quantum Leap, Digital World Class and Hackett
Excelleration Matrix are the registered marks of The Hackett
Group.
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 The Hackett Group to effectively market its digital
transformation and other consulting services, competition from
other consulting and technology companies that may have or develop
in the future, similar offerings, the commercial viability of The
Hackett Group and its services as well as other risk detailed in
The Hackett Group’s reports filed with the United States Securities
and Exchange Commission. The Hackett Group does not undertake any
duty to update this release or any forward-looking statements
contained herein.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220922005133/en/
Gary Baker, Global Communications Director - (917) 796-2391 or
gbaker@thehackettgroup.com
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