AI XPLR Platform Version 4 Launch
The Hackett Group launched version 4 of its AI XPLR platform with highly differentiated capabilities. The feedback from clients and potential partners has been extremely positive, with one partner describing it as 'game changing.'
Strategic Alliances and Partnerships
The company announced an alliance with Celonis, enhancing their AI XPLR platform with process intelligence. They are also finalizing alliances that could significantly expand growth opportunities.
SAP Solutions Segment Growth
The SAP Solutions segment reported a 4% increase in revenues compared to the same period in the prior year, driven by implementation services.
Strong Cash Flow and Share Repurchase
The company maintained strong cash flow, repurchased 1.1 million shares, and announced a $40 million Dutch tender offer to acquire approximately 8% of the company's common stock.