Company Description
The Hackett Group, Inc. (NASDAQ: HCKT) is a generative artificial intelligence (Gen AI) strategic consulting and executive advisory firm focused on digital transformation and performance improvement for large enterprises. Described in its public communications as an IP and platform-based Gen AI consultancy, the company combines proprietary intellectual property, benchmark research and AI-enabled platforms to help organizations achieve what it calls Digital World Class® performance.
According to multiple company releases, The Hackett Group positions itself as a Gen AI consultancy and enterprise digital transformation firm, supporting clients from early AI ideation through implementation. It trades on the Nasdaq Stock Market under the symbol HCKT and is incorporated in Florida, as reflected in its SEC filings.
Business focus and Gen AI platforms
The Hackett Group describes itself as an IP platform-based Gen AI strategic consulting and digital transformation firm. It emphasizes Gen AI-enabled enterprise transformation services across front, mid and back office areas and highlights dedicated expertise in Oracle, SAP, OneStream and Coupa implementation offerings. The company reports operating through three segments: Oracle Solutions, SAP Solutions and Global S&BT, with the majority of its revenue generated from the Global S&BT segment in the United States.
A central element of its strategy is a suite of Gen AI-assisted platforms that support consulting, executive advisory and technology implementation engagements. Across recent announcements, The Hackett Group identifies several proprietary platforms and capabilities, including:
- Hackett AI XPLR™ – an AI platform for Gen AI opportunity discovery and solution design, used to identify, evaluate and design AI solutions based on client-specific business processes, enterprise applications and data landscapes.
- ZBrain™ – described as an agentic orchestration platform that, together with Hackett AI XPLR, enables a transition from AI opportunity discovery to agentic workflow solution deployment.
- XT™ – an AI-enabled delivery platform that helps consulting teams convert large volumes of client data into transformation outputs, using the company’s proprietary Solution Language Model (SLM) and Hackett Intelligence.
- AIXelerator™ – a project delivery platform that brings the SLM and Hackett Intelligence into the software implementation life cycle, supporting phases from discovery and requirements through design, build, test, deploy and monitor.
- AskHackett.ai™ – a platform that supports the firm’s Executive Advisory and Market Intelligence programs.
- Quantum Leap® – referenced as one of the company’s platforms used alongside Hackett AI XPLR, ZBrain, XT, AIXelerator and AskHackett.ai.
The company states that these platforms are powered by a proprietary Solution Language Model (SLM) and Hackett Intelligence, which it describes as including industry- and process-specific workflows, performance benchmarks, best practices and engagement insights. This combination is presented as the foundation for its Gen AI enablement, business transformation, software implementation, executive advisory and market intelligence capabilities.
Benchmarking and best practices insight
The Hackett Group repeatedly highlights that its expertise is grounded in enterprise performance benchmarks and best practices insights from the world’s leading businesses. In its public descriptions, the company notes that its benchmarking covers a large share of major global indices, including companies in the Dow Jones Industrials, Fortune 100, DAX 40 and FTSE 100. These benchmarks are used to define and measure Digital World Class® performance and to inform its advisory and consulting work.
The firm publishes research such as SG&A cost studies and Digital World Class® Matrix reports in areas like accounts payable software and learning and development software. These studies analyze publicly available financial statements and solution provider capabilities to identify performance gaps, cost structures and the impact of AI-powered solutions. The company’s releases describe how this research is used by finance, procurement, HR and technology leaders to evaluate technology providers and operating models.
Enterprise transformation and advisory services
Across its communications, The Hackett Group describes its role as helping organizations realize the power of Gen AI and achieve quantifiable, breakthrough results. It emphasizes support for:
- Gen AI ideation and opportunity discovery, using platforms such as Hackett AI XPLR to capture and refine AI ideas into structured opportunities.
- Agentic enterprise and AI operating models, including guidance on AI Centers of Excellence (AI COEs) or centers of innovation, governance for AI initiatives and redesign of work so AI can assist, augment and act with human oversight.
- Business transformation engagements, where platforms like XT are used to ingest and interpret structured and unstructured data and produce transformation outputs.
- Software implementation engagements, where AIXelerator supports delivery across the software implementation life cycle.
- Executive advisory and market intelligence, supported by AskHackett.ai and the firm’s benchmarking and research programs.
The company’s descriptions of its own research indicate a focus on functions such as selling, general and administrative (SG&A) costs, accounts payable, and learning and development, with particular attention to how AI and Gen AI-enabled solutions affect productivity, cost ratios, automation levels and employee engagement.
Industry classification and segments
For classification purposes, The Hackett Group is associated with the Information sector, within Data Processing, Hosting, and Related Services. At the same time, its own public statements consistently describe it as a Gen AI strategic consulting, executive advisory and enterprise digital transformation firm with an IP and platform-based model.
The company states that it operates in three primary segments:
- Oracle Solutions
- SAP Solutions
- Global S&BT
It also states that it generates the majority of its revenue from the Global S&BT segment in the United States.
Capital markets and corporate actions
The Hackett Group’s shares are listed on the Nasdaq Stock Market under the ticker HCKT. SEC filings show that the company is incorporated in Florida. The company has used share repurchase programs, including a modified “Dutch auction” tender offer to purchase a specified dollar amount of its common stock, as described in its press releases and related Form 8-K filings. These communications outline the mechanics of the tender offer, price ranges, and the relationship to its share repurchase authorization.
In an 8-K filing, the company also reports on periodic financial results via press releases furnished to the SEC under Item 2.02 (Results of Operations and Financial Condition). These filings indicate the company’s practice of announcing quarterly results and providing additional information about capital allocation decisions such as repurchase authorizations.
Research and thought leadership
The Hackett Group’s public releases emphasize its role in producing benchmarking studies and Digital World Class® research. Examples include:
- A US SG&A Cost Study and Scorecard analyzing SG&A cost ratios, inflation impacts and performance gaps among large U.S. public companies.
- A European SG&A Cost Study and Scorecard examining SG&A trends among large European public companies.
- Digital World Class® Matrix reports on accounts payable solutions and learning and development software, evaluating providers on capabilities and value realization criteria.
These research efforts are presented as tools for executives in finance, procurement, HR and IT to understand cost structures, technology capabilities and the role of AI and Gen AI in achieving improved performance.
Use of AI and agentic approaches
Across its announcements, The Hackett Group describes a focus on agentic and Gen AI solutions that support end-to-end processes. It highlights capabilities such as:
- Converting enterprise process data into structured semantic knowledge through modules like Data XPLR™.
- Guided AI opportunity discovery and structured intake of AI ideas via Ideation XPLR™.
- Unified dashboards for AI Centers of Excellence, providing visibility into AI opportunities and their business cases.
- Embedding Gen AI throughout the delivery life cycle to accelerate data gathering, analysis and recommendation development.
The company’s descriptions of its research into accounts payable and learning and development software also point to AI-powered capabilities such as touchless invoice processing, global compliance support, AI-powered learning content generation and advanced analytics for skills mapping.
Positioning within the information and services landscape
Based on its own descriptions, The Hackett Group combines characteristics of a consulting firm, executive advisory practice, benchmarking organization and AI platform provider. It emphasizes the integration of its proprietary SLM, Hackett Intelligence, benchmark data and Gen AI platforms to support clients’ transformation and technology implementation efforts.
Investors and analysts looking at HCKT as a stock can reference these publicly stated focus areas—Gen AI strategic consulting, enterprise digital transformation, benchmarking-based insights and IP- and platform-based service delivery—to understand how the company describes its role within the broader information and data processing ecosystem.