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Oracle Oracle Global Human Resources

Tech Investments assist American Eagle Outfitters unfold Its ‘confident’ company global | killexams.com real Questions and Pass4sure dumps

When garb retailer American Eagle Outfitters pronounced listing annual profits of $three.8 billion previous this yr, the industry credited not simplest its youthful patterns, but also its investments in technology. CEO Jay Schottenstein notable the 20% growth within the company’s digital business, which he called “exquisite.”

Courtesy of AEO Inc.

all over the previous a number of years, AEO says it has concentrated its tech investments in three key areas: cell know-how, digital advertising and marketing and improving the digital customer event, whereas changing a number legacy programs.

AEO’s site, as an instance, reflects the extensive attraction of the American Eagle and Aerie manufacturers, giving purchasers in eighty one countries effortless access to the retailer’s signature denims, tops, intimates, accessories, and other tradition classes. certainly, most of the puerile people featured on the web page and within the enterprise’s marketing campaigns are actual purchasers.

“We want individuals to feel decent about themselves, inspite of who they're, where they are from, or what they emerge to be,” says Brian Jones, AEO vp of human supplies. “We’re an confident American company.”

HR problem

AEO is spreading that optimism international, by passage of greater than 1,000 outlets in the US, Canada, Mexico, China, and Hong Kong, as well as via licensees in one more 25 nations. but that international expansion strained the limits of some of the company’s legacy IT techniques, particularly its on-premises HR functions.

partly to accommodate the HR complexity of AEO’s partnerships throughout the globe, as smartly because the linked criminal, tax, and reporting necessities, the enterprise consolidated onto one international HR platform: Oracle HCM Cloud.

“AEO’s necessities covered the aforementioned international capabilities, however they also desired a platform that could accommodate the company’s cell personnel, substitute its amalgam of spreadsheets and on-premises HR apps, and document and standardize industry tactics worldwide,” Jones says. “We additionally want a platform it is relaxed by means of design.”

The AEO HR team had yet another circumstance: It desired a wholehearted associate that could accept as wholehearted with the crew’s innovations for future platform capabilities.

companions in building

the first challenge Oracle and AEO resolved collectively had been the “transactional issues” the HR team confronted when it attempted to consume Oracle HCM Cloud when transferring employees internationally or from one partnership to another. Oracle invited representatives of AEO and other multinational dealers to occasion to talk through their challenges.

Oracle builders then went to labor to update the world transfer feature. because the HCM application is delivered within the cloud, the fix became sent immediately to clients in the next update. “i was impressed that Oracle acted on its consumers’ concerns so rapidly, Jones says. “It became relatively cool.”

Jones brought a 2d problem to Oracle’s attention, stating to Chris Leone, senior vp for purposes development, that the Taleo recruiting appliance makes it viable for candidates to click on on their LinkedIn profile and instantly supersede their job functions. Jones requested if present retain friends could automatically supersede their profiles in AEO’s HCM rig as neatly, to champion them compete with exterior candidates for jobs and promotions. wish granted. Oracle and LinkedIn remaining month introduced aptitude Profile Import, a role if you want to let inner job candidates without problems import key features of their LinkedIn profiles into their Oracle HCM Cloud profiles.

Jones says Oracle continues to design a degree of protecting him advised about its product construction plans. “I suppose infatuation I actually Enjoy an open door to loads of executives,” he says.


Carlson Wagonlit proceed back and forth (CWT) Deploys Oracle world HR Cloud and Oracle aptitude management Cloud on a global Scale | killexams.com real Questions and Pass4sure dumps

REDWOOD SHORES, CA--(Marketwired - Mar 24, 2014) - Oracle ( NYSE : ORCL )

news abstract in order to serve a world HR transformation adventure, referred to as "HR relocating ahead," Carlson Wagonlit trip (CWT) has selected Oracle HCM Cloud, including Oracle international Human components (HR) Cloud and Oracle skill management Cloud, as its recent international HR platform. The cloud options will enable CWT to radically change its HR apply by passage of enabling more advantageous standardization of techniques. The options will also aid implementing HR shared functions and enable consistent worker and administration journey. The enterprise could live able to in the reduction of and simplify present programs and manual approaches. through doing so, the company expects to enhance its HR effectivity.

information facts

  • Carlson Wagonlit proceed back and forth (CWT), a worldwide chief in managing enterprise travel and meetings and movements, has chosen Oracle HCM Cloud, including Oracle international Human elements (HR) Cloud and Oracle skill administration Cloud, as is its recent global HR platform. These Oracle cloud purposes will sheperd CWT in its efforts to transform its global HR procedures.
  • The Oracle cloud options play a pivotal role in CWT's global HR Transformation experience, referred to as "HR relocating forward" (HRMF). This program is geared toward constructing a greater modern HR provider delivery mannequin which comprises concomitant know-how and equipment, making CWT a extra appealing employer. additionally, CWT desires to design valuable tips purchasable each time, anywhere for managers and personnel.
  • The industry aims to present a one-stop shop to empower employees' access and transact a variety of HR transactions and permit managers to more advantageous control people. The program is designed to enable HR industry partners to Enjoy a extra strategic Enjoy an impact on on industry consequences. This skill automating and pathetic tactical and transactional labor anywhere possible.
  • at last, CWT aspires to raise HR's agility to fulfill evolving needs of the enterprise and bring constant HR capabilities greater with no danger globally, whereas carrying on with to fulfill company needs at regional and native stages.
  • Deployment of Oracle global HR Cloud and Oracle aptitude management Cloud will serve CWT transform the start of HR services to personnel to stronger control costs and expand high-quality and efficiency of strategies.
  • moreover, the applications will enable for more advantageous centralization and standardization of strategies within the HR shared features working mannequin. CWT can implement HR shared capabilities facilities to aid the HRMF vision and bring employee and supervisor self carrier capabilities which are obtainable very nearly anyplace, at any time and from any gadget. additionally, the industry will present a constant worker and administration experience it is primary, agile, effective, handy, intuitive, integrated, trendy, and ingenious and live capable of reduce and simplify the myriad techniques and sheperd techniques that at the jiffy incorporate the HR birth model.
  • Oracle HCM Cloud is designed to integrate comfortably inside the usual technology framework at CWT.
  • assisting prices

  • "After cautiously evaluation the a lot of HR solutions presently attainable, it changed into in the sojourn a transparent decision for us to opt for Oracle HCM Cloud. With Oracle HCM Cloud, CWT may Enjoy one single source of actuality for employee information in an pains to simplify their world HCM approaches significantly," said Jean Luc Duchemin, govt vice chairman, international HR, at CWT. "this may boost their HR agility and enable HR to Enjoy a more strategic move on their business. The user journey inside Oracle HCM Cloud is of the highest common and it will serve simplify the usage of the HR solutions for their personnel and bosses, hence enabling a lofty usage of the solutions, which is a crucial a fraction of their HR transformation."
  • "we are very pleased to welcome CWT as a recent HCM Cloud customer," spoke of Daniel Van den Broeck, vp HCM & HCM Cloud options, Oracle Western Europe. "Our HCM cloud platform is probably the most comprehensive on the earth. They emerge ahead to helping CWT seriously change its HR procedures and wield the wants of the company on each and every levels. including CWT to the incessant growing to live record of their HCM Cloud shoppers is of strategic value to Oracle."
  • helping materials

    About Oracle Oracle engineers hardware and utility to labor collectively within the cloud and on your data core. For extra suggestions about Oracle ( NYSE : ORCL ), search counsel from www.oracle.com

    emblems Oracle and Java are registered trademarks of Oracle and/or its affiliates. different names may live emblems of their respective homeowners.


    main core japanese retail distributor selects Oracle NetSuite for world expansion | killexams.com real Questions and Pass4sure dumps

    DUBAI, United Arab Emirates, Dec. 20, 2018 /PRNewswire/ -- Denaster universal buying and selling LLC, a United Arab Emirates (UAE)-primarily based retail distributor that helps overseas manufacturers such as Bang & Olufsen, Parrot and Nokia attain buyers throughout the middle East, has chosen Oracle NetSuite to serve its exotic enlargement into India and the uk. With NetSuite, Denaster might live able to choose expertise of the cloud to gain a single view into key enterprise metrics throughout its entire operations and quickly and simply set up native operations in recent markets.

    situated in 2004 with simply three personnel, Denaster has grown to become the main distributor of excessive-conclusion items to retailers in the UAE. nowadays, Denaster employs 165 individuals and helps one of the world's premiere-well-known brands set up a presence in retail shops across the UAE, including Harvey Nichols Dubai, Dubai duty Free and Virgin Megastores. To streamline company strategies, assist its regional and overseas growth and ensure it can proceed to bring the best viable provider to its valued clientele, Denaster chosen NetSuite.    

    "Following swift boom in the place, the time has Come to choose Denaster into other international markets," referred to profound Bhogal, managing director, Denaster touchstone buying and selling LLC. "To champion their overseas growth, they need a supple industry platform that can give us a true-time view into their business. NetSuite meets this need and its confirmed music list of assisting companies infatuation ours scale internationally should live a massive expertise."

    With NetSuite, Denaster can live capable of supersede its present fragmented accounting and stock administration methods to profit a single consolidated view across its entire operations. in consequence, Denaster can accelerate up its reporting feature and instantly localise its operations to realise its expansion ambitions with out adding greater complexity to its company.

    "The middle East is hasty fitting a crucial market for exotic client manufacturers," notable Nicky Tozer, VP of EMEA, Oracle NetSuite. "Denaster gives a gateway to the location for principal brands and has been swiftly starting to be. With NetSuite, Denaster can live capable of accelerate up its expansion and convey greater expense to its manufacturer and retail companions within the core East and past. Denaster's ambitions align perfectly with NetSuite's strengths."

    About Denaster universal trading LLCFounded in 2004 via profound Bhogal, Naz Hayat and Terry Nomell, Denaster touchstone buying and selling LLC serves as a distribution link between exotic carriers and the heart East. working from Dubai, UAE, their heart of attention is the provide of attribute products to the consumers of the GCC member states via their distribution network of agents and airports.

    With a administration group combining over 50 years of journey in the international distribution arena and greater than one hundred sixty five team of workers, we're completely located to present the sheperd suppliers should completely find this market's potential. From the prefatory levels of deciding on regional competencies, via to advertising, product placement and quantity distribution, they Enjoy the tools essential to insert attribute items to recent markets.

    For extra suggestions, search counsel from: http://www.denaster.com.

    About Oracle NetSuiteFor greater than two decades, Oracle NetSuite has helped establishments develop, scale and fit to exchange. NetSuite provides a collection of cloud-primarily based functions, which contains financials / industry useful resource Planning (ERP), HR, skilled capabilities automation and omnichannel commerce, used by greater than 15,000 consumers in 203 international locations and topic territories.

    For extra information, tickle argue with http://www.netsuite.com.

    observe NetSuite's Cloud blog, facebook web page and @NetSuite Twitter deal with for actual-time updates.

    About OracleThe Oracle Cloud presents complete SaaS software suites for ERP, HCM and CX, plus most fulfilling-in-class database Platform as a service (PaaS) and Infrastructure as a provider (IaaS) from facts centres during the Americas, Europe and Asia. For extra suggestions about Oracle ORCL, -0.ninety five% tickle argue with us at oracle.com.

    TrademarksOracle and Java are registered emblems of Oracle and/or its affiliates.

    View common content material to down load multimedia:http://www.prnewswire.com/news-releases/main-center-jap-retail-distributor-selects-oracle-netsuite-for-global-growth-300768785.html

    source Oracle NetSuite

    Copyright (C) 2018 PR Newswire. each and every rights reserved


    1Z0-965 Oracle Global Human Resources Cloud 2017 Implementation Essentials

    Study sheperd Prepared by Killexams.com Oracle Dumps Experts


    Killexams.com 1Z0-965 Dumps and real Questions

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    1Z0-965 exam Dumps Source : Oracle Global Human Resources Cloud 2017 Implementation Essentials

    Test Code : 1Z0-965
    Test title : Oracle Global Human Resources Cloud 2017 Implementation Essentials
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    : 91 real Questions

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    Vanderbilt, Oracle and Huron executives converse to the university’s role as a leader in industry’s scurry to cloud | killexams.com real questions and Pass4sure dumps

    Vice Chancellor for Information Technology John Lutz addresses SkyVU project participants on Feb. 23. (John Russell/Vanderbilt)

    On Feb. 23, approximately 75 SkyVU project participants gathered to learn more about Vanderbilt’s partnership with Oracle Cloud Solutions and Huron Consulting Group. This forum focused on why this is the privilege time to implement a cloud-based solution and how SkyVU will better Vanderbilt by freeing up resources to focus on supporting the Academic Strategic Plan.

    “(Through SkyVU), they are going to major on what makes Vanderbilt special, and that’s not industry processes,” said John Lutz, vice chancellor for information technology. “This will give us the chance to devote more resources to places that differentiate Vanderbilt.”

    With this project, Vanderbilt has become a leader in an overall trend of universities pathetic their pecuniary and administrative systems to the cloud, said Steve Kish, managing director at Huron Consulting Group.

    L-r: Oracle Global Cloud Services and Support’s Joanne Olsen, Huron Consulting Group’s Steve Kish, Vice Chancellor for Finance Brett Sweet, helper Vice Chancellor for IT loaded Germano, Oracle Vice President Gene Casciola, Associate Vice Chancellor for Human Resources Barb Carroll and Vice Chancellor for Administration Eric Kopstain. (John Russell/Vanderbilt)

    “Having tailored solutions has led to highly engineered, highly intricate industry processes (for higher education),” Kish said. “Today, the trend is toward simplicity in processes, not complexity. … You are deploying state-of-the-art implementation techniques, and the degree of hardship of that is high—but you are organized to carry out this.”

    Gene Casciola, a vice president at Oracle accountable for health care, higher education and life sciences industries, said that the corporation has partnered with seven other universities on enterprise resource projects and notable that higher education is a tremendously valuable market for the next generation of leaders.

    “There’s a spirited interest in pathetic to the cloud,” Casciola said. “We were thrilled when Vanderbilt gave us their commitment to partner with Oracle.”

    Similar to other institutions, Vanderbilt developed and tailored many of its systems over the past 30 years so much that these Enjoy become demanding to maintain and update.

    “We can free each and every of that capacity to champion their students and faculty,” Brett Sweet, vice chancellor for finance and chief pecuniary officer, said.

    However, this change will not Come without its challenges.

    L-r: Vice Chancellor John Lutz, Oracle Global Cloud Services and Support’s Joanne Olsen and Huron Consulting Group’s Steve Kish. (John Russell/Vanderbilt)

    “I often inform clients and my teams that you don’t just check a box,” said Joanne Olsen, executive vice president of Oracle Global Cloud Services and Support. “This is a journey, not an event. It’s a incessant transformation.”

    With 5,000 developers dedicated to cloud solutions at Oracle, Olsen assured the audience that research and development is a top priority for the company.

    “We now out-invest IBM in research and development,” Olsen said. “This translates to $5.2 billion spent on R&D to innovate cloud products. Where we’re investing is in the next generation of cloud.”

    As a cloud partner, Oracle will unify and integrate apps, thereby removing this affliction from the university, Olsen said. Oracle updates and enhances with recent releases twice a year, and Vanderbilt will live able to choose complete handicap of this continuous innovation.

    “There’s nothing magical or miraculous about the cloud,” Olsen said. “What’s fundamentally different is that this will choose the affliction off of IT and will design apps that are configurable for Vanderbilt.”

    A SkyVU project participant asks a question at the Feb. 23 meeting. (John Russell/Vanderbilt)

    Eric Kopstain, vice chancellor for administration, said this move to the cloud represents a crucial change that will pay dividends in the future.

    “We Enjoy noteworthy people working here, and they can now choose away the affliction of nonstandard processes and quit getting in the passage of ourselves,” Kopstain said. “Instead, they can apply more energy to their core mission.”

    SkyVU’s implementation date is slated for Jan. 1, 2018. For more information about this initiative, visit the SkyVU website or email skyvu@vanderbilt.edu.


    Accenture Acquires DAZ Systems, Inc. to Strengthen Its Oracle Cloud ERP Services, Expand Capabilities to serve Clients Become bright Enterprises | killexams.com real questions and Pass4sure dumps

    Accenture Acquires DAZ Systems, Inc. to Strengthen Its Oracle Cloud ERP Services, Expand Capabilities to serve Clients Become bright Enterprises

     NEW YORK; Oct. 21, 2018 – Accenture (NYSE: ACN) has acquired DAZ Systems, Inc., a provider of Oracle ERP Cloud services with broad experience and assets that serve organizations deploy and integrate enterprise performance management and human capital management applications. The acquisition further bolsters Accenture’s robust Oracle capabilities and delivers recent value for clients on their journeys to the cloud. “DAZ has extensive experience implementing Oracle Cloud solutions, which complements Accenture’s established credentials across the Oracle Cloud portfolio,” said Bhaskar Ghosh, group chief executive, Accenture Technology Services. “Organizations exact proven expertise, as well as recent innovative solutions and methods to serve them transform their businesses. DAZ will serve us continue to deliver the very best thinking and capabilities to their clients.” DAZ’s more than 300 professionals will link Accenture’s Oracle industry Group. Together, Accenture and DAZ combine profound domain information and broad industry expertise to serve clients unlock even greater value.  “At Accenture, they continually study for recent ways to empower their clients to embrace the power of digital technologies to improve their businesses,” said Annette Rippert, senior managing director, Accenture Technology – North America. “DAZ is a valued Oracle partner and brings an impressive track record and top talent that will serve drive significant results for their clients.” DAZ CEO Walt Zipperman added, “DAZ’s mission is to serve organizations implement mission-critical industry systems by bringing a concomitant perspective and experience-driven insights. Joining Accenture is an incredible chance to promote this goal by combining their strengths with Accenture’s in depth capabilities and global scale. Together, we’ll live able to deliver substantial value for clients around the world.” Headquartered in El Segundo, California, DAZ was founded in 1995. It is one of the top Platinum-level partners in Oracle’s PartnerNetwork, having delivered more than 500 successful Oracle implementations to-date. DAZ is Oracle ERP Cloud and HCM Cloud certified and was named Oracle’s Cloud partner of the Year in 2015, 2016, and 2017.   The addition of DAZ builds on Accenture’s recent acquisition of Certus Solutions, a UK-based Oracle Cloud implementation provider, adding to its growing capabilities in delivering digital transformation on Oracle Cloud. 

    Accenture has been one of Oracle’s leading systems integration partners globally 12 years in a row, with more than 54,000 Oracle-skilled consultants around the world who serve accelerate digital transformation by implementing Oracle-based industry solutions and recent industry processes that develop and evolve as their digital industry grows. Accenture has teamed with Oracle for more than 25 years and is a Global Cloud Elite and Platinum plane member of the Oracle PartnerNetwork. Accenture is also certified as an Oracle Cloud Excellence Implementer. For more information on the Accenture and Oracle relationship, tickle visit www.accenture.com/oracle. Financial terms of the acquisition were not disclosed. About AccentureAccenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and each and every industry functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of industry and technology to serve clients improve their performance and create sustainable value for their stakeholders. With 459,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the passage the world works and lives. Visit us at www.accenture.com.

    Forward-Looking StatementsExcept for the historical information and discussions contained herein, statements in this intelligence release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could intuition actual results to vary materially from those expressed or implied. These include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations could live adversely affected by volatile, negative or uncertain economic and political conditions and the effects of these conditions on the company’s clients’ businesses and levels of industry activity; Accenture’s industry depends on generating and maintaining ongoing, profitable client exact for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such exact or an inability to respond to the changing technological environment could materially move the company’s results of operations; if Accenture is unable to retain its supply of skills and resources in balance with client exact around the world and attract and retain professionals with tough leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may live materially adversely affected; Accenture could Enjoy liability or Accenture’s reputation could live damaged if the company fails to protect client and/or company data from security breaches or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not live able to compete effectively; Accenture’s profitability could materially suffer if the company is unable to obtain conducive pricing for its services and solutions, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies; changes in Accenture’s plane of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could Enjoy a material adverse result on the company’s efficacious tax rate, results of operations, cash flows and pecuniary condition; Accenture’s results of operations could live materially adversely affected by fluctuations in exotic currency exchange rates; Accenture’s industry could live materially adversely affected if the company incurs legal liability; Accenture’s labor with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture might not live successful at identifying, acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s global delivery capability is concentrated in India and the Philippines, which may expose it to operational risks; as a result of Accenture’s geographically diverse operations and its growth strategy to continue geographic expansion, the company is more susceptible to inescapable risks; adverse changes to Accenture’s relationships with key alliance partners or in the industry of its key alliance partners could adversely move the company’s results of operations; if Accenture is unable to protect its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its aptitude to utilize the intellectual property of others, its industry could live adversely affected; Accenture’s aptitude to attract and retain industry and employees may depend on its reputation in the marketplace; if Accenture is unable to manage the organizational challenges associated with its size, the company might live unable to achieve its industry objectives; any changes to the estimates and assumptions that Accenture makes in connection with the preparation of its consolidated pecuniary statements could adversely move its pecuniary results; many of Accenture’s contracts comprise payments that link some of its fees to the attainment of performance or industry targets and/or require the company to meet specific service levels, which could expand the variability of the company’s revenues and impact its margins; Accenture’s results of operations and partake expense could live adversely affected if it is unable to maintain efficacious internal controls; Accenture might live unable to access additional capital on conducive terms or at each and every and if the company raises equity capital, it may dilute its shareholders’ ownership interest in the company; Accenture may live topic to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent annual report on contour 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this intelligence release converse only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this intelligence release or to conform such statements to actual results or changes in Accenture’s expectations. 

    # # #

      Contact: Hannah UnkeferAccenture+1 206 839 2172hannah.m.unkefer@accenture.com 

    Blog Coverage: Hackett Group Acquires Tech Consultancy firm Jibe Consulting | killexams.com real questions and Pass4sure dumps

    Upcoming AWS Coverage on FTI Consulting Post-Earnings Results

    LONDON, UK / ACCESSWIRE / May 11, 2017 / dynamic Wall St. blog coverage looks at the headline from industry strategy and consulting company The Hackett Group, Inc. (NASDAQ: HCKT) as the Company announced on May 09, 2017, that it had acquired Jibe Consulting Inc. to enhance the Company's Cloud Applications capabilities. The Company also revealed its pecuniary results for Q1 2017 for the epoch ending on March 31, 2017. Register with us now for your free membership and blog access at:

    http://www.activewallst.com/register/

    One of Hackett Group's competitors within the Management Services space, FTI Consulting, Inc. (NYSE: FCN), released on April 27, 2017, its pecuniary results for the quarter ended March 31, 2017. AWS will live initiating a research report on FTI Consulting in the coming days.

    Today, AWS is promoting its blog coverage on HCKT; touching on FCN. net each and every of their free blog coverage and more by clicking on the link below:

    http://www.activewallst.com/register/

    Jibe is a Bellevue, Washington based management and technology consulting firm that is an Oracle Platinum partner and is focused on implementing Oracle Enterprise Resource Planning (ERP) and Human Capital Management (HCM) solutions. It helps its clients net results and streamline its processes using Oracle's various software solutions.

    The Hackett Group will pay $9 million in cash plus stock along with the provision for contingent payment of $11 million on achieving pre-agreed performance targets. The contingent payment will also live payable in a fuse of cash plus stock.

    Sharing his views on the matter, Shane Moncrieff, Jibe Consulting President said:

    "Bringing together The Hackett Group's benchmarking capability and best practice insights with Jibe's acumen for implementing the Oracle Cloud industry Applications will provide clients with tremendous opportunities to streamline their processes and adopt practices that will Enjoy a measurable impact on their business. They are excited to enhance the Cloud ERP and HCM capability of The Hackett Group's EEA practice."

    In April 2017, the Company had acquired UK based Aecus Limited, a European outsourcing advisory and robotics process automation ("RPA") consulting firm for £3.2 million in cash with additional £3.0 million payable in cash on achievement of pre-agreed milestones. The acquisition complemented Hackett Group's global strategy and industry transformation services.

    Commenting on the acquisitions, Ted A. Fernandez, Chairman and CEO of Hackett Group said:

    "We reported solid operating results but more importantly, the acquisitions and alliances announced, significantly accelerate their position in captious digital transformation areas. They believe that the opportunities provided from the rapidly emerging Digital Transformation era are significant and enhancing their existing capabilities were strategic priorities."

    Advantages of acquiring Jibe

    The acquisition will enhance the Company's capabilities to champion the clients' implementation of the entire Oracle Cloud industry Application from finance, procurement, and manufacturing to supply chain and human capital.

    The Company's ERP, Enterprise Performance Management, and Analytics (EEA) practice will greatly capitalize from the acquisition as it will allow the Company to implement Oracle enterprise applications in the cloud along with its other intellectual property and research in industry processes.

    The acquisition will allow the Company to meet the clients' need to implement Oracle cloud applications and thereby capturing the opportunities in the rapidly growing market.

    The acquisition allows the Company to fulfill its goal of "embedding the Company's intellectual property via digital delivery vehicles" and serve the Company in becoming a leading partner committed to Oracle's cloud platform.

    Q1 2017 results

    The Company reported revenue of $71.4 million for the quarter which was 4%-5% up compared to Q1 2016.

    Hackett Group reported a pro-forma diluted EPS of $0.23, which was 15% higher than the pro-forma diluted EPS for Q1 2016.

    The Company also bought 233 thousand common stock shares for $4.1 million at an medium expense of $17.58 per partake as fraction of its stock repurchase program.

    Hackett Group has also declared a semi-annual dividend of $0.15 per partake payable on July 11, 2017.

    Story continues

    Guidance for Q2 2017

    Given the current economic scenario, Hackett Group expects that its revenue for Q2 2017 will live in the range of $73.5 million - $75.5 million. Its pro-forma diluted EPS for Q2 2017 will live in the range of $0.24 - $0.26.

    Stock Performance

    At the closing bell on May 10, 2017, the stock closed the trading session at $15.65, tumbling 22.68% from its previous closing expense of $20.24. A total volume of 1.20 million shares Enjoy exchanged hands, which was higher than the 3-month medium volume of 170.94 thousand shares. Hackett Group's stock expense gained 4.04% in the previous twelve months. The stock has a dividend succumb of 1.66% and is currently trading at a expense to equity ratio of 23.82. Additionally, shares of the Company Enjoy a market capital of $453.69 million.

    Active Wall Street:

    Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and Popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two discrete and independent departments. One department produces non-sponsored analyst certified content generally in the contour of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures minute below.

    AWS has not been compensated; directly or indirectly; for producing or publishing this document.

    PRESS RELEASE PROCEDURES:

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    AWS, the Author, and the Reviewer are not accountable for any mistake which may live occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, circuitous or consequential loss arising from the consume of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, pecuniary or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer carry out not (1) guarantee the accuracy, timeliness, completeness or amend sequencing of the information, or (2) warrant any results from consume of the information. The included information is topic to change without notice.

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