The Hackett Group Acquires Aecus Limited, Award-Winning European Outsourcing & Robotic Process Automation Consultancy
May 09 2017 - 4:17PM
Business Wire
Acquisition Expands The Hackett Group’s
Digital Transformation Capabilities
The Hackett Group, Inc. (NASDAQ:HCKT) today announced that it
has acquired Aecus Limited, an award-winning European consultancy
that helps clients optimize business process outsourcing (BPO), IT
outsourcing (ITO) and robotic process automation (RPA) through
benchmarking and implementation consulting.
“Companies are quickly realizing that embracing digital
transformation is key to improving corporate efficiency and
effectiveness. The Aecus acquisition is expected to significantly
enhance our ability to support clients’ efforts in RPA, which is a
critical element,” said The Hackett Group Vice-Chairman & COO
David N. Dungan. “There’s tremendous synergy between our two
organizations. Like The Hackett Group, Aecus relies on a foundation
of benchmarking, enabling it to take a uniquely empirical and
objective approach to the issue of how best to handle outsourcing
relationships. They consult end-to-end across the outsourcing
lifecycle, from feasibility analysis to scoping to transition,
optimization and renegotiation. Their expertise enables them to
understand the potential impact of RPA on long-term outsourcing
relationships, as well as to advise more broadly on RPA strategy
and implementation across the enterprise.”
The Hackett Group’s 2017 Key Issues research found that the
large majority of companies believe that digital business
transformation will fundamentally change the way they deliver
services in finance, procurement, HR, IT, and other business
services areas. But few have a formal digital strategy in place or
the right talent. Adoption levels for digital technology are in
most cases low at present, but are expected to grow dramatically in
the near future. In finance, for example, we found that only 3
percent of companies have achieved mainstream adoption of robotic
process automation today. But mainstream adoption of RPA is
expected to grow by a factor of nearly 10x in the next two to three
years.
At the foundation of Aecus’ value offering is more than 15 years
of quantitative market data on BPO and ITO agreements. This data is
expected to be highly complementary to The Hackett Group’s broad
expertise in global business services, and The Hackett Group’s data
and insights regarding best practices to drive process-level
efficiency and also regional labor rates.
According to David Ketchin, Managing Director of The Hackett
Group’s European Practice, “We are delighted to welcome the
respected Aecus team into our practice. This enhances the value
that we can deliver to our clients at any stage of the outsourcing
lifecycle. Hands-on experience of the impact of Robotic Process
Automation on any business process is valuable in a sourcing deal
but also in any captive business process.”
Aecus Managing Director Rick Simmonds commented, “We are really
excited by this - joining The Hackett Group represents a fantastic
move forward for Aecus. The strength of The Hackett Group’s brand
combined with the breadth of complementary services will enable us
to serve our clients even more effectively and will provide our
people with greater professional opportunities.”
About The Hackett Group
The Hackett Group (NASDAQ: HCKT) is an intellectual
property-based strategic consultancy and leading enterprise
benchmarking and best practices implementation firm to global
companies, offering digital transformation and enterprise
application approaches including robotic process automation and
cloud computing. Services include business transformation,
enterprise performance management, working capital management,
and global business services. The Hackett Group also provides
dedicated expertise in business strategy, operations, finance,
human capital management, strategic sourcing, procurement, and
information technology, including its award-winning Oracle EPM and
SAP practices.
The Hackett Group has completed more than 13,000 benchmarking
studies with major corporations and government agencies, including
93% of the Dow Jones Industrials, 87% of the Fortune 100, 87% of
the DAX 30 and 58% of the FTSE 100. These studies drive its Best
Practice Intelligence Center™ which includes the firm's
benchmarking metrics, best practices repository, and best practice
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.
About Aecus
Aecus is an award-winning European consulting firm which helps
clients get great results from outsourcing, offshoring, shared
services and RPA. Aecus was established in 2003, initially branded
as ALS. Aecus delivers great results for clients by bringing deep
domain expertise supported by the best current market data. Aecus
consultants are experienced specialists who help clients avoid
pitfalls and maximize benefits, developing sourcing arrangements
which leverage the best the market has to offer.
In April 2017, Aecus was awarded the prestigious Queen's Award
for Enterprise: International Trade for outstanding short-term
growth in overseas sales over the last three years.
This release contains “forward looking” 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 statement are not
statements of historical fact and involve known and unknown risks,
uncertainties and other facts that may cause Hackett’s actual
results, performance or achievements to be materially different
from the results, performance or achievements express or implied by
the forward looking statements. Factors that may impact such
forward looking statements include without limitation, the ability
of The Hackett Group and AECUS to integrate their operations, the
ability of The Hackett Group to market the integrated services
pertaining robotic process automation and more generalized
consulting services against competition from other consulting and
professional/trade associations/companies who may have or develop
in the future, similar offerings, the commercial viability of such
service offerings and changes in expectations regarding robotic
process automation and general consulting services, the ability of
The Hackett Group to attract skilled employees, changes in
collections of accounts receivable, risk of competition, price and
margin trends, changes in general economic conditions and interests
rates as well as other risk detailed in The Hackett Group’s reports
filed with the United States Securities and Exchange Commission.
The Hackett Group undertakes no duty to update this release or any
forward looking statements contained herein.
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version on businesswire.com: http://www.businesswire.com/news/home/20170509006697/en/
The Hackett Group, Inc.Gary Baker, 917-796-2391Global
Communications Directorgbaker@thehackettgroup.com
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