HACKETT GROUP, INC.HCKT

Hackett acquired LeewayHertz focused on AI agents and formed JV for Gen AI platform.

“Acquired LeewayHertz Technologies - A highly recognized Gen AI consulting and implementation firm focused on the design and deployment of AI agents and agentic enterprise workflows. Given the strategic access and platform expanding capabilities of AI XPLR, it was natural for us to extend our AI implementation capabilities to be able to fully develop and implement the Gen AI use cases we were identifying. The acquisition also included a sophisticated a Gen AI orchestration solution, ZBrain, which we agreed to contribute into a to be created joint venture, with the LeewayHertz founder (the "JV"). The JV, which will be named ZBrain, Inc., will bring together the AI XPLR and ZBrain software platforms and will focus on licensing the platforms and creating the first of its kind Gen AI ideation through implementation software as a service offering. We believe this JV creates an entirely new value-creation opportunity for our shareholders what could result from the growth of annual recurring revenues. It may also provide the JV with the opportunity to raise capital and achieve stand-alone valuations due to its unique Gen AI solutioning software focus.”

Hackett will provide extended agentic AI capabilities from SAP and other providers in 2025.

“application suite. We have also expanded our alliance partners to include Coupa and Ariba in Procurement, as well as OneStream in EPM and Corporate Performance Management (“CPM”). In regard to SAP, we were an early provider of S/4 HANA which allowed us to quickly transition our implementation skills and benefit from the SAP migration to the Cloud. We are now evaluating and will soon be able to provide the extended agentic AI capabilities these providers are expected to introduce throughout 2025.”

Hackett offers optimized processes and agentic workflows to clients for performance improvement.

“We believe the combination of market intelligence, optimized processes and agentic workflows, best practice-based business applications and enhanced business analytics environments allows our clients to achieve and sustain significant business performance improvement. The specific client circumstances normally dictate how they engage us. Our goal is to be responsive to client needs, and to establish a continuous and trusted relationship. We have developed a series of offerings that allow us to efficiently help our clients without regard to where they are in their respective performance improvement lifecycle.”

Hackett Group acquired LeewayHertz and will release AI XPLR version 3 with multi-AI agent workflow simulations.

““We reported operating results that exceeded our revenue and adjusted earnings per share guidance while aggressively investing and growing our Gen AI related capabilities and revenues, respectively. More importantly, we will soon release AI XPLR version 3 which provides industry specific dynamic simulation of an enterprise’s Gen AI Solutions across front, mid and back-office areas along with the related multi-AI agent workflows required to build the solutions,” stated Ted A. Fernandez, Chairman & CEO of The Hackett Group, Inc. “With the acquisition of LeewayHertz, a highly recognized Gen AI implementation firm, we have now created an end-to-end Gen AI consulting and implementation capability, fully supported by our AI XPLR and ZBrain software platforms that fully supports our clients Gen AI journey. We believe this capability makes us a leading Gen AI consultancy firm with highly differentiated software platforms which should significantly improve services and licensing revenue growth prospects in this rapidly emerging area.””