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Oracle Oracle Enterprise Planning and

future of Oracle Cloud might and will exist SaaS as opposed to IaaS | killexams.com true Questions and Pass4sure dumps

oow18In his keynote to kickoff OpenWorld, Oracle Chairman Larry Ellison saved a lot of his quotable lines for attacks on AWS, but as I discussed in my last column, both rob by far diverse techniques to cloud infrastructure reflective of their contrasting views against application design and deployment. Ellison’s swipes at AWS own been unlucky on account that they took the highlight off what I believe is Oracle’s greater promising cloud product line, its SaaS applications, where the enterprise has correctly repurposed its licensed utility as cloud services. As i discussed ultimate time,

I may behold Oracle’s SaaS database and enterprise software products for CX, ERP, SCM, etc. becoming the preferred vacation spot for companies relocating workloads to the cloud that don’t requisite or want the overhead of managing the underlying software and servers. Oracle is in an pattern position to comply with the path of Adobe and Microsoft, which shifted office and content creation apps to a hybrid composite of in the neighborhood-installed and cloud-based mostly services.

It’s value exploring the subject in more detail on the grounds that I harmonize with Oracle has extra in standard with software providers dote SAP, Adobe and the non-home windows, non-infrastructure constituents of Microsoft than AWS.

lots of decent SaaS information at OpenWorld

everyone loves a distinguished feud between tech titans (although it’s one-approach), so it became handy to leave out the signs of massive development in Oracle’s SaaS enterprise present at OpenWorld and up to date salary releases, chiefly the various client success experiences that they documented prerogative here at Diginomica. as an instance, in previewing the experience, Den Howlett talked with Steve Miranda, executive vp of Oracle functions product edifice concerning the enterprise’s method of including automation and information-driven intelligence to its ERP, CRM and CX items. Miranda remarked on the pace with which even huge organizations are divesting themselves of on-premise systems in want of Oracle’s cloud purposes (emphasis brought)

What I didn’t are expecting changed into to peer the number of organizations which are being disrupted or are disrupting in order that even in their case, they used to sell items however now they should exist lots more a carrier traffic and that’s basically diverse. The technical and enterprise manner debt across these groups ERPs is not helping them continue to exist aggressive in those techniques while besides reacting to shoppers in techniques and at speeds they on no account needed to before. it really is the rush in cloud ERP adoption that I didn’t expect.

As Miranda hinted, the competitive calls for on Oracle itself own pushed it to develop into a service traffic which in flip provides urgency to its SaaS transformation and drives additions to its burgeoning service portfolio. while it’s uncertain how a all lot of Oracle runs on SaaS, the traffic has hastily converted its application products into on-demand services. As Ellison crowed in his keynote,

we own more SaaS applications than some other cloud provider.

The commentary’s accuracy is debatable, but what’s no longer is elevated client adoption and product advancements, such as the approach Oracle is including automation, self-optimization and other types of statistics-pushed intelligence to its SaaS items. certainly, as Howlett cited, laptop intelligence changed into a theme Oracle emphasized on the adventure, as did Ellison as he beseeched valued clientele to partake their needs and ideas for tactics to effect Oracle’s items even better,

We automate these tedious techniques, they automate these advanced strategies, giving you massive productivity positive factors, by artery of adopting their subsequent generation cloud applications…

by using working collectively, your first rate ideas, their apt concepts, they are able to bring the subsequent generation of SaaS applications within the cloud.

OpenWorld became crammed with customers sharing their success reports, which the Diginomica crew chronicled in additional than 20 articles. as an instance, Park motels and resorts, which essential to achieve in obligate a unusual finance system after being spun out of Hilton, shared its exhaust of Oracle Cloud functions to both bootstrap the method and supply unusual capabilities. As Diginomica documented,

What Park required, Robb [Park’s senior vice president and chief accounting officer] defined, was a single platform for bar no section of its monetary data, protecting time-honored ledger, debts payable, fixed belongings, procurement and mission financials, which besides provided commercial enterprise performance administration tools for fiscal shut and consolidation and planning and budgeting. It besides wanted to effect exhaust of cloud computing to preserve its IT footprint to a minimal.

Park worked with consultants from supply Thornton and settled on a device of assault that worried enforcing Oracle ERP Cloud, Oracle Planning and Budgeting Cloud and Oracle monetary Consolidation, and the exhaust of Oracle Integration Cloud carrier as the ‘secret sauce’ that makes it practicable for Park to pass statistics between these apps.

Birmingham metropolis college advised Diginomica an identical anecdote of the usage of Oracle Cloud to rob odds of unusual applied sciences dote AI, NLP (herbal language processing), chatbots and API functions as section of its subsequent-era returned-office platform. dote most huge, relative organizations, its dreams had been involved by artery of a legacy of miscellaneous techniques that weren’t designed to seek counsel from each and every other, tons less faraway valued clientele over the information superhighway. Birmingham concluded that the prerogative cloud suite may exchange 15 siloed programs and its exhaustive assessment decided that Oracle Cloud, with a portfolio spanning HCM, ERP, BI, payroll, monetary planning and budgeting and PaaS extensibility, became the prerogative company.

Tahir Yousaf, Birmingham’s associate Director of IT, informed us that the college besides desired to minimize the overhead of customizing the SaaS applications for each branch, in its residence asking each firm to record their needs, now not the particulars of how they'd dote to obtain them. As Yousaf talked about (emphasis introduced),

So, in reality, they made a magnificent option not to achieve any ‘mapping’. instead they went to each and every of their traffic devices and they mentioned ‘can you disclose us about what you want your consequences to be’. What changed into the traffic result you wanted to peer? in case you rob a standard set of necessities to a cloud supplier, they can achieve nothing together with your necessities, because definitely, their approaches are already totally formed.

So they requested the cloud providers, how does your cloud paraphernalia achieve this? Then they let their clients effect a determination which one to choose in line with their journey and the experience. Vanilla is greater than you believe when it comes to its flexibility.

apart from the breadth of its SaaS portfolio, a last selling factor for Oracle was its PaaS, with its tense integration to SQL databases, support for lots of languages and frameworks and means to effect exhaust of backend platforms dote Kubernetes, Hadoop and Kafka streaming. Oracle PaaS permits Birmingham to fill in the 5 % of functionality and compliance requirements the vanilla SaaS features don’t supply.

SaaS development cited in monetary filings

The significance of Oracle’s SaaS items is evident within the feedback and statistics it shares with economic analysts at every quarterly salary record. As I referenced in my outdated column, Oracle doesn’t shatter out cloud provider income with the aid of product line and, dote Microsoft, and frequently only discusses boom prices, no longer absolute income figures. That talked about, after its this tumble 2018 record, co-CEO notice Hurd referred to that timehonored ERP and HCM SaaS income was $2.2 billion in FY 2018. while it didn’t supplant the salary quantity after it’s most fresh Q1 2019 document, Oracle did report excellent augment in SaaS, with co-CEO Safra Catz telling analysts that service income for ERP grew 30-plus %, that for vertical cloud functions was up 40-plus p.c, whereas cloud infrastructure and PaaS had been tailing at 20-plus %.

Chairman Ellison added colour, calling Oracle’s cloud ERP product “a strategic key to their success in the SaaS functions layer of the cloud,” boasting that Oracle ranks first in cloud ERP market partake with more than 20,000 Fusion and NetSuite shoppers. Ellison mentioned that its SaaS growth is fueled by purchasers replacing on-premise methods (emphasis introduced).

shoppers are buying Fusion ERP to exchange their current SAP on-premise ERP techniques, and purchasers are buying Fusion ERP to change their existing Workday cloud ERP methods. ERP is the largest segment within the utility company. continuing their speedy growth in cloud — within the cloud ERP market places Oracle neatly on its method to becoming the world’s greatest SaaS purposes enterprise. That’s their approach and latest market position in the SaaS layer of the cloud.

My take

As I in the past mentioned, Oracle’s strategy for cloud infrastructure is designed to facilitate the migration of existing commercial enterprise applications to its managed techniques. while Oracle offers a fine looking function set for this demographic, it’s capabilities aren’t exceptionally advanced to those of the large-three IaaS/PaaS suppliers, AWS, Azure and Google Cloud. Assuming notice Hurd’s statement that “15 percent of the U.S. corporate-owned records centers shut down,” is correct, and it sounds believable, Oracle has many opportunities to profit IaaS enterprise. nonetheless, I suppose Oracle will proceed to play 2d fiddle to Amazon and Microsoft within the IaaS market.

I harmonize with that SaaS is the bigger cloud possibility for Oracle as purchasers dote Birmingham city college motive that if they are going to hotfoot to the cloud, why rob half steps by using carrying on with to function their purposes? instead, they will behold the wisdom of permitting Oracle to manipulate, relaxed and supplant the infrastructure and purposes. indeed, given Oracle’s unparalleled odds in its own purposes, it's totally more likely to achieve a far better job than the customers may achieve themselves.

In an period of cloud purposes, companies add minute to no expense by artery of working what own swirl into commodity applications dote databases, electronic mail methods, and different back-workplace systems. besides the fact that children some companies argue that they require customized installations to fulfill unique enterprise needs, the intent becomes untenable in an period of programs that can exist extended the usage of APIs and cloud PaaS frameworks. Oracle has a compelling anecdote in both SaaS and PaaS and should seemingly evolve into a company that appears greater dote Salesforce than AWS.

picture credit - by the exhaust of Oracle's photo Twitter feed for OpenWorld 2018

Disclosure - Oracle is a premier companion on the time of writing and coated lots of the trip prices for the on the floor diginomica group.


Oracle Has facts and AI Ambitions for DataFox – Its newest Acquisition | killexams.com true Questions and Pass4sure dumps

Oracle’s latest acquisition DataFox offers cloud-based mostly artificial intelligence (AI) facts engine. Will DataFox’s AI odds assist Oracle’s cloud functions?

On October 22 2018, Oracle introduced an extra acquisition – that of DataFox. The startup’s cloud-based artificial intelligence (AI) records engine and derived company content give enterprise-degree suggestions and insightful data. This engine has extracted staggering amounts of facts thus far; greater than 2.8 million public and personal companies, to exist actual, while including 1.2 million businesses yearly.

What does Oracle device to achieve with DataFox? Oracle already has DataScience.com, the cloud workspace platform that provides desktop researching solutions, which it acquired in may besides 2018. in keeping with Oracle’s press free up the “mixture of Oracle and DataFox” will augment Oracle Cloud purposes “with an intensive set of trusted company-level information and indicators.” The company says that this will enable its consumers “to attain even stronger selections and company outcomes.”

In a note to DataFox clients, which includes Goldman Sachs, Bain & enterprise and Twilio, Steve Miranda, EVP of functions construction, Oracle, mentioned that DataFox will now exist an factor Oracle’s existing portfolio of traffic planning functions – commercial enterprise aid planning (ERP), client journey (CX), human capital administration (HCM) and supply chain management (SCM). DataFox claims to provide purchasers with the insightful information they deserve to prioritize bills, enrich leads, refresh and harmonize CRM facts and determine unusual prospects.

This segues perfectly into Oracle’s facts and AI ambitions. Oracle embeds AI and computer studying capabilities across its application as a provider (SaaS) and Platform as a provider (PaaS) solutions, which embrace vast statistics, analytics and protection operations, to enable digital transformation. “collectively, Oracle and DataFox will enrich cloud purposes with AI-driven business-degree information, powering strategies to elevate enterprise efficiency across the business,” Miranda introduced in his note. 

Caption: An infographic shared with the aid of Oracle along with the announcement

As of now, Oracle hasn’t published any plans for a brand unusual product with DataFox. It may exist reviewing the existing DataFox product roadmap, and should proceed with it, whereas working with DataFox’s present shoppers.

What Oracle’s DataFox acquisition tells us in regards to the industry  is that customer adventure more advantageous by artery of AI-driven tools, is quickly becoming a priority for vast brands and platform providers. They noticed the identical when Salesforce obtained Datorama in July 2018.

What achieve you believe of the unusual feather in Oracle’s assiduous hat? let us know within the feedback beneath.


Oracle Broadens the Market-leading commercial enterprise resource Planning Cloud to embrace multiplied Geographies, more Industries and Smarter Insights | killexams.com true Questions and Pass4sure dumps

SAN FRANCISCO, Oct. 2, 2017 /PRNewswire/ -- Oracle OpenWorld — Oracle today introduced that Oracle commercial enterprise useful resource Planning (ERP) Cloud, the cloud reply of option for finance, procurement and venture administration professionals, has significantly extended the breadth and depth of the solution including the introduction of unusual artificial intelligence (AI)-based mostly finance and procurement solutions.

Oracle Logo

With greater than 4,500 valued clientele in 85 international locations, Oracle ERP Cloud is the finished, ingenious and comfy fiscal platform delivered seamlessly in the course of the Oracle Cloud. section of Oracle Cloud functions free up 13, the newest additions to Oracle ERP Cloud embrace up to date capabilities for Financials, Procurement, assignment Portfolio administration (PPM) and commercial enterprise efficiency management (EPM), which enable organizations to optimize operations with adaptive intelligence and standardize enterprise strategies, while decreasing can suffuse and complexity.

artificial IntelligenceOracle has multiplied its portfolio of artificial intelligence-based ERP applications, which permits finance and procurement consultants to enrich how they control and collaborate with suppliers. unusual AI-powered capabilities optimize suffuse phrases provided to suppliers and enhance cash management. They additionally assist to identify the amend suppliers for inescapable company wants. unusual Adaptive smart Apps for ERP, embedded inside the Oracle ERP Cloud, deliver instant influence and cost for traffic professionals and augment company relationships with suppliers. For additional particulars, behold the Adaptive smart functions enlargement announcement.

Financials this is a family of applications designed for companies of bar no section sizes trying to thrive within the digital economic climate. It empowers synchronous finance specialists with streamlined procedures and perennial embedded insights for better manage and improved productiveness. unusual capabilities in each and every of the solutions include: 

  • Accounting Hub: This solution now presents a particularly scalable, digital sub-ledger for prime-quantity, external transaction techniques. It allows for consistent, standardized financial and administration accounting policies throughout disparate systems, enforced compliance and audits, and extra management reporting attributes to power insights and drilldown. It comfortably connects business-particular transaction methods and third-party ERP programs to a chief ERP equipment.
  • income administration: This solution now hurries up the transition to the brand unusual accounting specifications (IFRS16/ASC 842). It allows for businesses to ebook salary as efficiency obligations are convinced and maneuver advanced pride schedules impartial of billing schedules to support effect inescapable liabilities and property are valued at anticipated consideration.
  • invoice administration: This reply now reduces the suffuse of billing and collections, while enhancing customer provider. It delivers self-carrier, client-led invoice administration by the exhaust of an intuitive, cellular-enabled person journey. Managing expenses with Oracle contains precise-time account review, dispute processing, and on-line funds, bar no section instantly mirrored on the customer account.
  • credit management: This reply now screens and evaluates the credit score worthiness of consumers and makes informed credit score selections. It enables for improved cash hotfoot and multiplied billing effectivity by the exhaust of comprehensive credit profiles and policies, a streamlined credit score evaluation system, and springy scoring models, which embrace third-celebration credit counsel integration.
  • Dynamic Discounting: This solution now uses true-time interior and exterior traffic enterprise records to consider suppliers and advocate the top of the line dynamic covenant candidates using laptop learning. The gadget is wholly integrated with money movement modeling and advises to whom and when to present dynamic coupon codes for the most desirable return.
  • ProcurementThis family unit of purposes is designed to in the reduction of prices and hazards throughout the source-to-settle system. unusual enhancements consist of greater organisation administration, sourcing and buying by the exhaust of streamlined approaches, electronic signature integration and creative sourcing courses.

  • Self-provider procurement: The consumer undergo of this reply has been fully redesigned to hale synchronous buyer browsing experiences.
  • cellular Self service Procurement: This cloud reply now offers coverage compliant spending via an increasingly cell personnel to raise a company's effectivity and notice downs.
  • venture Portfolio ManagementThis household of functions grants unusual and stronger capabilities to effect staffing more straightforward and fewer time-drinking for project managers, superior supplies management across assorted fund sources for bigger education and Public Sector verticals, and streamlined mission creation.

  • project and aid administration: This reply has been superior with a brand unusual intuitive cellular assignment management. It comprises lifecycle gates and approvals and useful resource administration optimizations to retain numerous useful resource schedules and mass resource assignments. These enhancements obligate project administration effectivity and collaboration even if at a desk or within the field.
  • provides Multi-Funding: This solution now helps complicated, multi-funded projects, permitting for multiple awards/funding sources, control over venture charges by artery of funding supply, and attend for interior or exterior funding sources.
  • commercial enterprise performance administration  The latest additions to this family unit of functions encompass unusual choices for tax reporting, and profitability and expense management, as well as unusual strategic modeling and disclosure management capabilities.

  • Tax Reporting: This reply now streamlines tax facts collection and analysis for direct tax reporting. It additionally makes it practicable for international businesses to control involved tax provisions, as smartly because the OECD's unusual nation-via-country reporting (CbCR) necessities via automation.
  • Profitability and cost management: This solution now permits traffic users to rob ownership of allocation-primarily based company methods corresponding to client/product profitability, management allocations, and shared functions costing.
  • "Oracle ERP Cloud is the handiest enterprise-grade solution on the market with the breadth, depth, security, scalability and reducing-area innovations to fulfill valued clientele' enterprise needs," mentioned Rondy Ng, senior vice president, Oracle functions development. "Our seat of attention on innovation, investments in industry specific capabilities, and electricity in bendy and modular adoption strategies, helps their valued clientele across measurement, traffic and geography to grow, radically change and compete."

    further InformationFor additional information on Oracle ERP Cloud applications, visit Oracle traffic aid Planning (ERP) Cloud's fb and Twitter and Oracle enterprise performance administration (EPM) Cloud's fb and Twitter or the synchronous Finance leader blog.

    read Gartner's 2017 "Magic Quadrant for Cloud Core monetary management Suites for Midsize, vast and international firms" analysis record.

    About Oracle OpenWorldOracle OpenWorld, the industry's most vital company and expertise convention for the previous twenty years, hosts tens of lots of in-grownup attendees as well as tens of millions on-line. committed to assisting agencies leverage Cloud for their innovation and boom, the conference promises abysmal insight into traffic developments and breakthroughs pushed by means of know-how. Designed for attendees who requisite to connect, gain erudition of, ascertain and exist impressed, Oracle OpenWorld offers greater than 2,500 academic sessions led through more than 2,000 purchasers and partners sharing their experiences, first hand. With tons of of demos and fingers-on labs, plus exhibitions from greater than 400 companions and purchasers from bar no section over the world, Oracle OpenWorld has swirl into a note off for leading cloud applied sciences, from Cloud purposes to Cloud Platform and Infrastructure. For greater assistance; to register; or to keep Oracle OpenWorld keynotes, classes, and extra, consult with www.oracle.com/openworld. exist section of the Oracle OpenWorld dialogue on Twitter.

    About OracleThe Oracle Cloud offers comprehensive SaaS application suites for ERP, HCM and CX, plus most suitable-in-class database Platform as a carrier (PaaS) and Infrastructure as a provider (IaaS) from facts centers throughout the Americas, Europe and Asia. For greater suggestions about Oracle (NYSE:ORCL), delight talk over with us at oracle.com.

    TrademarksOracle and Java are registered logos of Oracle and/or its associates. other names could exist logos of their respective homeowners.

    protected Harbor DisclaimerThe preceding is putative to define their intimate product route. it is putative for counsel applications simplest, and may no longer exist incorporated into any contract. It isn't a commitment to bring any material, code, or performance, and should no longer exist relied upon in making buying selections. The development, free up, and timing of any elements or functionality described for Oracle's items continues to exist at the sole discretion of Oracle employer.

    Statements listed here regarding Oracle's future plans, expectations, beliefs, and intentions are "forward-looking statements" and are discipline to fabric hazards and uncertainties. Such statements are according to Oracle's current expectations and assumptions, a few of which can exist past Oracle's handle. bar no section tips in this article is latest as of October 2, 2017 and Oracle undertakes no duty to update any remark in mild of latest assistance or future activities.

    View common content material with multimedia:https://www.prnewswire.com/information-releases/oracle-broadens-the-market-leading-enterprise-aid-planning-cloud-to-encompass-multiplied-geographies-greater-industries-and-smarter-insights-300528949.html

    source Oracle


    1Z0-982 Oracle Enterprise Planning and Budgeting Cloud Service 2017 Implementation

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    Universal Electronics Inc. (UEIC) CEO Paul Arling on Q3 2018 Results - Earnings summon Transcript | killexams.com true questions and Pass4sure dumps

    No result found, try unusual keyword!Management provides adjusted non-GAAP metrics because it uses them for budgeting, planning purposes and ... leverages their latest QuickSet cloud services with their Nevo AI digital second platform ...

    The Hackett Group Announces Second Quarter 2018 Results | killexams.com true questions and Pass4sure dumps

    MIAMI--(BUSINESS WIRE)--

  • Q2 2018 net revenue of $69.6 million, up 3% when compared to prior year and in line with guidance
  • Q2 2018 pro forma diluted EPS of $0.27 per share, up 8% from prior year
  • Declared semi-annual dividend of $0.17 per share, up 13% from prior year
  • The Hackett Group, Inc. (HCKT), a global intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices digital transformation firm, today announced its financial results for the second quarter, which ended on June 29, 2018.

    Q2 2018 net revenue (gross revenue less reimbursable expenses) was $69.6 million, up 3% from the same period in the prior year. Q2 2018 extreme revenue was $75.6 million, up 3% from the same period in the prior year.

    Q2 2018 pro forma diluted earnings per partake were $0.27, up 8% when compared to $0.25 for the same period in 2017. Pro forma information is provided to enhance the understanding of the Company's financial performance and is reconciled to the Company's GAAP information in the accompanying tables.

    GAAP diluted earnings per partake were $0.36 for the second quarter of 2018, as compared to $0.15 in the second quarter of 2017. During the second quarter of 2018, the Company recorded a $4.6 million, or $0.14 per diluted share, profit due to the remeasurement of an acquisition earnout liability. During the second quarter of 2017, the Company recorded acquisition related restructuring of approximately $0.04 per diluted share.

    At the terminate of the second quarter of 2018, the Company’s cash balances were $13.3 million. During the quarter, the Company utilized cash to pay down outstanding debt of $5.5 million. During the second quarter of 2018, the Company did not repurchase shares under its stock repurchase program. As of the terminate of the second quarter of 2018, the Company’s remaining stock repurchase program authorization was $7.2 million.

    “We continued to report solid operating results due to sturdy digital transformation, cloud and analytics demand, while continuing to transition their Oracle traffic from on-premise to cloud implementations,” stated Ted A. Fernandez, Chairman and CEO of The Hackett Group. “With Oracle Cloud revenue now exceeding their on-premise revenue and with cloud growth outpacing the on-premise decline, they are getting closer to seeing the revenue growth fully reflected in their results.”

    Based on the current economic outlook, the Company estimates total net revenue for the third quarter of 2018 to exist in the ambit of $67.0 million and $69.0 million or extreme revenue (inclusive of reimbursable expenses) to exist in the ambit of $73.0 million and $75.0 million. The Company estimates pro forma diluted earnings per partake for the third quarter of 2018 to exist in the ambit of $0.26 and $0.28. At the elevated terminate of guidance, pro forma diluted earnings per partake for the third quarter of 2018 would augment 8%, when compared to the same period in the prior year.

    Other Highlights

    Procurement Key Issues Research – The Hackett Group issued unusual Key Issues Research showing that procurement organizations own significantly shrunk the capability gap in digital transformation over the past year, with two thirds now having a strategy in residence and nearly half having the resources and competencies needed to execute. Procurement leaders expect to reckon on digital transformation to attend them achieve an array of faultfinding objectives in 2018, including cost-cutting, improving agility, and improving their capacity to serve as a trusted advisor to the enterprise.

    ADP Relationship Expansion - The Hackett Group and ADP announced a further expansion to their strategic alliance that will present large companies (those with 1000+ employees) using ADP Enterprise HR®, ADP Vantage HCM®, and ADP Workforce Now® access to The Hackett Group’s advisors, best practices, metrics, research, and tools. These offerings are aimed at helping large organizations better human capital management (HCM) performance, the efficiency and effectiveness of their HR operations and strategic repercussion to attend drive enterprise results.

    Oracle Cloud Excellence Implementer Program - The Hackett Group, a Cloud Premier and Platinum smooth member of Oracle PartnerNetwork (OPN), announced it has joined the Oracle Cloud Excellence Implementer (CEI) program and has achieved CEI status for six Oracle Cloud applications in North America, including Oracle Enterprise Planning and Budgeting Cloud, Oracle financial Consolidation and nigh Cloud, Oracle Financials Cloud, Oracle Global Human Resources Cloud, Oracle Benefits Cloud, and Oracle Talent Management Cloud.

    Story Continues

    2018 Digital Awards Launch – The Hackett Group began accepting applications for its 2018 Digital Awards, which recognizes leaders in RPA, smart data capture, cognitive automation, advanced analytics, and other areas. Applications are being accepted until August 15 at this link: http://go.poweredbyhackett.com/7bnm

    On Tuesday, August 7, 2018 senior management will argue second quarter results in a conference summon at 5:00 P.M. ET. The number for the conference summon is (800) 593-0486, [Passcode: Second Quarter]. For International callers, delight dial (517) 308-9371.

    Please dial in at least 5-10 minutes prior to start time. If you are unable to participate on the conference call, a rebroadcast will exist available surge at 8:00 P.M. ET on Tuesday, August 7, 2018 and will dash through 5:00 P.M. ET on Tuesday, August 21, 2018. To access the rebroadcast, delight dial (866) 424-7877. For International callers, delight dial (203) 369-0866.

    In addition, The Hackett Group will besides exist webcasting this conference summon live through the StreetEvents.com service. To participate, simply visit http://www.thehackettgroup.com approximately 10 minutes prior to the start of the summon and click on the conference summon link provided. An online replay of the summon will exist available after 8:00 P.M. ET on Tuesday, August 7, 2018 and will dash through 5:00 P.M. ET on Tuesday, August 21, 2018. To access the replay, visit www.thehackettgroup.com or http://www.streetevents.com.

    About The Hackett Group

    The Hackett Group (HCKT) is an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices digital transformation firm to global companies, offering digital transformation including robotic process automation and enterprise cloud application implementation. Services embrace traffic transformation, enterprise analytics, working capital management and global traffic services. The Hackett Group besides provides dedicated expertise in traffic strategy, operations, finance, human capital management, strategic sourcing, procurement and information technology, including its award-winning Oracle and SAP practices.

    The Hackett Group has completed more than 15,200 benchmarking and performance studies with major corporations and government agencies, including 97% of the Dow Jones Industrials, 89% of the Fortune 100, 87% of the DAX 30 and 59% of the FTSE 100. These studies drive its Best exercise Intelligence Center™ which includes the firm's benchmarking metrics, best practices repository and best exercise configuration guides and process flows, which enable

    The Hackett Group’s clients and partners to achieve world-class performance.

    More information on The Hackett Group is available at: www.thehackettgroup.com, info@thehackettgroup.com, or by calling (770) 225-3600.

    This press release contains "forward-looking statements" within the acceptation of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors that may antecedent The Hackett Group's actual results, performance or achievements to exist materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Factors that repercussion such forward-looking statements include, among others, the capacity of their products, services, or offerings mentioned in this release to deliver the desired effect, their capacity to effectively integrate acquisitions into their operations, their capacity to retain existing business, their capacity to attract additional business, their capacity to effectively market and sell their product offerings and other services, including these referenced above, the timing of projects and the potential for shrink cancellations by their customers, changes in expectations regarding the traffic consulting and information technology industries, their capacity to attract and retain skilled employees, practicable changes in collections of accounts receivable due to the bankruptcy or financial difficulties of their customers, risks of competition, expense and margin trends, foreign currency fluctuations, changes in general economic conditions and interest rates, their capacity to obtain debt financing through additional borrowings under an amendment to their existing credit facility as well as other risks circumstantial in their Company's Annual Report on contour 10-K for the most recent fiscal year filed with the Securities and Exchange Commission. They undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of unusual information, future events or otherwise, except as required by law.

         

    The Hackett Group, Inc.

    CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per partake data) (unaudited) Quarter Ended Six Months Ended June 29, June 30, June 29, June 30, 2018 2017 2018 2017 Revenue: Revenue before reimbursements ("net revenue") $ 69,614 $ 67,726 $ 137,089 $ $ 132,795 Reimbursements   6,035     5,844     11,293     12,204   Total revenue 75,649 73,570 148,382 144,999   Costs and expenses: Cost of service: Personnel costs before reimbursable expenses 42,993 40,947 84,614 81,099 Acquisition-related compensation (benefit) expense (204 ) 423 (789 ) 423 Non-cash stock compensation expense 1,002 1,226 2,045 2,358 Acquisition-related non-cash stock compensation (benefit) expense (79 ) 616 721 926 Reimbursable expenses   6,035     5,844     11,293     12,204   Total cost of service 49,747 49,056 97,884 97,010   Selling, general and administrative costs 15,022 15,190 29,843 29,550 Non-cash stock compensation expense 804 874 1,646 1,533 Acquisition-related costs — 161 — 267 Amortization of intangible assets 591 532 1,204 918 Acquisition-related contingent consideration liability (4,553 ) — (4,553 ) — Restructuring costs   —     1,293     —     1,293   Total selling, general, and administrative expenses 11,864 18,050 28,140 33,561         Total costs and operating expenses   61,611     67,106     126,024     130,571     Income from operations 14,038 6,464 22,358 14,428   Other expense: Interest expense   (178 )   (127 )   (357 )   (217 )   Income from operations before income taxes 13,860 6,337 22,001 14,211 Income tax expense   2,339     1,587     3,113     1,587   Net income $ 11,521   $ 4,750   $ 18,888   $ 12,624     Basic net income per common share: Income per common partake from operations $ 0.39 $ 0.16 $ 0.65 $ 0.44 Weighted mediocre common shares outstanding 29,430 29,041 29,260 28,955   Diluted net income per common share: Income per common partake from operations $ 0.36 $ 0.15 $ 0.59 $ 0.39 Weighted mediocre common and common equivalent shares outstanding 32,235 32,513 32,025 32,403   Pro forma data (1): Income from operations before income taxes $ 13,860 $ 6,337 $ 22,001 $ 14,211 Acquisition-related compensation (benefit) expense (204 ) 423 (789 ) 423 Non-cash stock compensation expense 1,806 2,100 3,691 3,891 Acquisition-related non-cash stock compensation (benefit) expense (79 ) 616 721 926 Acquisition-related costs — 161 — 267 Acquisition-related contingent consideration liability (4,553 ) — (4,553 ) — Restructuring costs — 1,293 — 1,293 Amortization of intangible assets   591     532     1,204     918   Pro forma income before income taxes 11,421 11,462 22,275 21,929 Pro forma income tax expense   2,855     3,439     5,569     6,579   Pro forma net income $ 8,566   $ 8,023   $ 16,706   $ 15,350     Pro forma basic net income per common share $ 0.29 $ 0.28 $ 0.57 $ 0.53 Weighted mediocre common shares outstanding 29,430 29,041 29,260 28,955   Pro forma diluted net income per common share $ 0.27 $ 0.25 $ 0.52 $ 0.47 Weighted mediocre common and common equivalent shares outstanding 32,235 32,513 32,025 32,403  

    (1) The Company provides pro forma earnings results (which exclude the amortization of intangible assets, stock compensation expense, acquisition-related one time benefit, cash and stock compensation expense (benefit), restructuring expenses and embrace a normalized tax rate, which is their long term projected cash tax rate) as a complement to results provided in accordance with Generally Accepted Accounting Principles (GAAP). These non-GAAP results are provided to enhance the overall users' understanding of the Company's current financial performance and its prospects for the future. The Company believes the non-GAAP results provide useful information to both management and investors and by excluding inescapable expenses that it believes are not indicative of its core operating results. The non-GAAP measures are included to provide investors and management with an alternative method for assessing operating results in a manner that is focused on the performance of ongoing operations and to provide a more consistent basis for comparison between quarters. Further, these non-GAAP results are one of the primary indicators management uses for planning and forecasting in future periods. In addition, since the Company has historically reported non-GAAP results to the investment community, it believes the continued inclusion of non-GAAP results provides consistency in its financial reporting. The presentation of this additional information should not exist considered in isolation or as a substitute for results prepared in accordance with GAAP.

        The Hackett Group, Inc. CONDENSED CONSOLIDATED balance SHEETS (in thousands) (unaudited) June 29, December 29, 2018 2017 ASSETS Current assets: Cash and cash equivalents $ 13,270 $ 17,512 Accounts receivable and unbilled revenue, net 56,773 55,262 Prepaid expenses and other current assets   3,282   2,511

    Total current assets

    73,325 75,285   Property and equipment, net 22,846 18,851 Other assets 5,025 6,021 Goodwill, net   84,720   85,074 Total assets $ 185,916 $ 185,231   LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable $ 8,400 $ 8,434 Accrued expenses and other liabilities   34,072   43,014 Total current liabilities 42,472 51,448 Non-current accrued expenses and other liabilities 213 1,268 Long-term deferred tax liability, net 8,099 6,240 Long-term debt   13,500   19,000 Total liabilities 64,284 77,956   Shareholders' equity   121,632   107,275 Total liabilities and shareholders' equity $ 185,916 $ 185,231         The Hackett Group, Inc. SUPPLEMENTAL financial DATA (unaudited)   Quarter Ended June 29, June 30, March 30, 2018 2017 2018 Revenue Breakdown by Group: (in thousands) The Hackett Group (2) $ 61,287 $ 57,658 $ 58,898 SAP Solutions (3)   8,327     10,068     8,577   Net revenue (4) $ 69,614   $ 67,726   $ 67,475     Revenue Concentration: (% of total revenue) Top customer 6 % 4 % 3 % Top 5 customers 18 % 15 % 12 % Top 10 customers 25 % 25 % 19 %   Key Metrics and Other financial Data:   Total Company: Consultant headcount 1,043 1,002 1,016 Total headcount 1,291 1,236 1,257 Days sales outstanding (DSO) 68 61 65 Cash (used in) provided by operating activities (in thousands) $ (2,368 ) $ 4,111 $ 17,203 Pro forma recrudesce on equity (5) 31 % 38 % 31 % Depreciation (in thousands) $ 624 $ 612 $ 580 Amortization (in thousands) $ 591 $ 532 $ 613     Remaining device authorization: Shares purchased (in thousands) - 507 53 Cost of shares repurchased (in thousands) $

    $ 7,617 $ 963 Average expense per partake of shares purchased $ — $ 15.01 $ 18.33 Remaining device authorization (in thousands) $ 7,174 $ 630 $ 2,174   Shares Purchased to fill Employee Net Vesting Obligations: Shares purchased (in thousands) 11 21 175 Cost of shares purchased (in thousands) $ 182 $ 370 $ 3,004 Average expense per partake of shares purchased $ 16.22 $ 17.90 $ 17.15     (2) The Hackett Group encompasses the Benchmarking, traffic Transformation and Executive Advisory groups, and EPM Groups and excludes AMS.

    (3) SAP Solutions encompasses Best exercise Implementation of ERP Software, the SAP group, approximately 50% of which are offshore resources.

    (4) Net revenue excludes reimbursable expenses which are primarily travel-related expenses passed through to a client with no associated margin. (5) Twelve months of pro forma net income divided by mediocre shareholder's equity (6) inescapable reclassifications own been made to conform with current reporting requirements.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20180807005892/en/


    Inspirage Wins Oracle Cloud Excellence Award FY 2017 | killexams.com true questions and Pass4sure dumps

    October 01, 2017 16:05 ET | Source: Inspirage, LLC

    SAN FRANCISCO, Oct. 01, 2017 (GLOBE NEWSWIRE) -- Oracle awarded Inspirage with its 2017 Oracle Excellence Award for Cloud colleague of the Year – APAC region for Supply Chain Management Applications at this year’s Oracle OpenWorld, San Francisco, California. The award recognizes Inspirage for the company’s commitment to deliver innovative, specialized solutions and services to the APAC region.

    The award recognizes actions that Inspirage undertook within joint client engagements and implementations, and enhanced the Oracle products and services with its own capabilities to deliver tailored solutions that matched the client’s needs. Inspirage demonstrated outstanding and innovative solutions and services based on these Oracle products, expanding their traffic into unusual markets and demonstrating significant value add in a specific domain.

    “With warmest thanks and gratitude to their partners, customers and employees, we’re honored to receive this prestigious award,” said Kevin Creel, President, Strategy and traffic Development, Inspirage. “We are extremely disdainful of their team’s accomplishments, but more importantly, we’re even more excited about the future as they hotfoot to the cloud and embrace digital technologies in order to attend their customers around the world transform their supply chains into the ultimate competitive advantage.”

    The Oracle Excellence Awards encourages innovation by Oracle PartnerNetwork (OPN) members, who exhaust Oracle’s products and technology to create value for customers. Inspirage is a Platinum colleague in the Oracle PartnerNetwork and has been recognized as a Cloud Premier colleague for Oracle.

    About InspirageInspirage is the integrated supply chain specialist firm solving traffic faultfinding challenges from design to delivery. The company delivers end-to-end consulting and implementation solutions that link Enterprise Resource Planning (ERP), Innovation Management, Supply Chain Management and Logistics Management. Inspirage partners with their customers to shatter down information silos and optimize performance to accelerate innovation, fuel growth and achieve operational excellence.

    Inspirage is a Platinum smooth member of Oracle PartnerNetwork (OPN) and has been recognized by Oracle with numerous awards, including the 2016, 2015 and 2014 Oracle Excellence Award for Specialized colleague of the Year – North America. Headquartered in Bellevue, Washington, the company has global presence with offices in North America, Europe, and Asia. For more information, visit www.inspirage.com.

    About Oracle PartnerNetwork:

    Oracle PartnerNetwork (OPN) is Oracle’s colleague program that provides partners with a differentiated odds to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized erudition of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, colleague ground and traffic opportunity. Key to the latest enhancements to OPN is the capacity for partners to exist recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will exist able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program – an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners.

    Trademarks: Oracle and Java are registered trademarks of Oracle and/or its affiliates.

    For Further PR Information, Contact:Sarah Fahey, Inspirage855-517-4250 • sarah.fahey@inspirage.com



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    References :


    Box.net : https://app.box.com/s/d0oy62d8ro8upcnf7znb3bmniamxmryb
    zoho.com : https://docs.zoho.com/file/67jzb50b87e98a82040ef87810d4fc1a6b08d
    Calameo : http://en.calameo.com/books/00492352689bfc8b8c92c






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