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Vendor : Oracle
Exam Code : 1Z0-982
Exam Name : Oracle Enterprise Planning and Budgeting Cloud Service 2017 Implementation
Questions and Answers : 80 Q & A
Updated On : December 13, 2018
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1Z0-982 Oracle Enterprise Planning and Budgeting Cloud Service 2017 Implementation

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1Z0-982 exam Dumps Source : Oracle Enterprise Planning and Budgeting Cloud Service 2017 Implementation

Test Code : 1Z0-982
Test Name : Oracle Enterprise Planning and Budgeting Cloud Service 2017 Implementation
Vendor Name : Oracle
Q&A : 80 Real Questions

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Oracle Oracle Enterprise Planning and

future of Oracle Cloud might and will be SaaS as opposed to IaaS | killexams.com Real 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 take somewhat diverse techniques to cloud infrastructure reflective of their contrasting views against application design and deployment. Ellison’s swipes at AWS have 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 see 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 need or want the overhead of managing the underlying software and servers. Oracle is in an ideal position to comply with the path of Adobe and Microsoft, which shifted office and content creation apps to a hybrid mixture of in the neighborhood-installed and cloud-based mostly services.

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

lots of decent SaaS information at OpenWorld

everyone loves a great 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 we documented right here at Diginomica. as an instance, in previewing the experience, Den Howlett talked with Steve Miranda, executive vp of Oracle functions product building 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 our case, we used to sell items however now we should be lots more a carrier business and that’s basically diverse. The technical and enterprise manner debt across these groups ERPs is not helping them continue to be aggressive in those techniques while also 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 have pushed it to develop into a service business which in flip provides urgency to its SaaS transformation and drives additions to its burgeoning service portfolio. while it’s uncertain how a whole lot of Oracle runs on SaaS, the business has hastily converted its application products into on-demand services. As Ellison crowed in his keynote,

we have 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 share their needs and ideas for tactics to make Oracle’s items even better,

We automate these tedious techniques, we automate these advanced strategies, giving you massive productivity positive factors, by way of adopting our subsequent generation cloud applications…

by using working collectively, your first rate ideas, our good concepts, we 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 put in force a new finance system after being spun out of Hilton, shared its use of Oracle Cloud functions to both bootstrap the method and supply new capabilities. As Diginomica documented,

What Park required, Robb [Park’s senior vice president and chief accounting officer] defined, was a single platform for all of its monetary data, protecting time-honored ledger, debts payable, fixed belongings, procurement and mission financials, which also provided commercial enterprise performance administration tools for fiscal shut and consolidation and planning and budgeting. It also wanted to make use of cloud computing to preserve its IT footprint to a minimal.

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

Birmingham metropolis college advised Diginomica an identical story of the usage of Oracle Cloud to take advantage of new applied sciences like AI, NLP (herbal language processing), chatbots and API functions as part of its subsequent-era returned-office platform. Like most huge, dependent organizations, its dreams had been complex by way of a legacy of miscellaneous techniques that weren’t designed to seek advice from each and every other, tons less faraway valued clientele over the information superhighway. Birmingham concluded that the right 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 right company.

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

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

So we requested the cloud providers, how does your cloud equipment do this? Then we let our clients make a decision 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 tight integration to SQL databases, support for lots of languages and frameworks and means to make use of backend platforms like 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 break out cloud provider income with the aid of product line and, like Microsoft, and frequently only discusses boom prices, no longer absolute income figures. That talked about, after its this fall 2018 record, co-CEO Mark Hurd referred to that normal ERP and HCM SaaS income was $2.2 billion in FY 2018. while it didn’t replace the salary quantity after it’s most fresh Q1 2019 document, Oracle did report excellent increase 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 our success in the SaaS functions layer of the cloud,” boasting that Oracle ranks first in cloud ERP market share 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 our 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 our 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 Mark 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 agree with that SaaS is the bigger cloud possibility for Oracle as purchasers like Birmingham city college motive that if they are going to move to the cloud, why take half steps by using carrying on with to function their purposes? instead, they will see the wisdom of permitting Oracle to manipulate, relaxed and replace the infrastructure and purposes. indeed, given Oracle’s unparalleled advantage in its own purposes, it's totally more likely to do a far better job than the customers may do themselves.

In an period of cloud purposes, companies add little to no price by way of working what have turn into commodity applications like 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 be extended the usage of APIs and cloud PaaS frameworks. Oracle has a compelling story in both SaaS and PaaS and should seemingly evolve into a company that appears greater like Salesforce than AWS.

picture credit - by the use 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 Real Questions and Pass4sure dumps

Oracle’s latest acquisition DataFox offers cloud-based mostly artificial intelligence (AI) facts engine. Will DataFox’s AI advantage 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 be actual, while including 1.2 million businesses yearly.

What does Oracle plan to do with DataFox? Oracle already has DataScience.com, the cloud workspace platform that provides desktop researching solutions, which it acquired in may also 2018. in keeping with Oracle’s press free up the “mixture of Oracle and DataFox” will increase 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 be an element Oracle’s existing portfolio of business 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 new 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 include big 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 new product with DataFox. It may be 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 way of AI-driven tools, is quickly becoming a priority for big brands and platform providers. We noticed the identical when Salesforce obtained Datorama in July 2018.

What do you believe of the new feather in Oracle’s busy hat? let us know within the feedback beneath.


Oracle Broadens the Market-leading commercial enterprise resource Planning Cloud to include multiplied Geographies, more Industries and Smarter Insights | killexams.com Real 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 answer of option for finance, procurement and venture administration professionals, has significantly extended the breadth and depth of the solution including the introduction of new 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. part of Oracle Cloud functions free up 13, the newest additions to Oracle ERP Cloud include 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 charge 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. New AI-powered capabilities optimize charge phrases provided to suppliers and enhance cash management. They additionally assist to identify the correct suppliers for certain company wants. New Adaptive intelligent Apps for ERP, embedded inside the Oracle ERP Cloud, deliver instant affect and cost for business professionals and increase company relationships with suppliers. For additional particulars, see the Adaptive intelligent functions enlargement announcement.

Financials this is a family of applications designed for companies of all sizes trying to thrive within the digital economic climate. It empowers contemporary finance specialists with streamlined procedures and continual embedded insights for better manage and improved productiveness. New 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 new accounting specifications (IFRS16/ASC 842). It allows for businesses to ebook salary as efficiency obligations are convinced and manipulate advanced pride schedules impartial of billing schedules to support make certain liabilities and property are valued at anticipated consideration.
  • invoice administration: This answer now reduces the charge of billing and collections, while enhancing customer provider. It delivers self-carrier, client-led invoice administration by the use of an intuitive, cellular-enabled person journey. Managing expenses with Oracle contains precise-time account review, dispute processing, and on-line funds, all instantly mirrored on the customer account.
  • credit management: This answer now screens and evaluates the credit score worthiness of consumers and makes informed credit score selections. It enables for improved cash move and multiplied billing effectivity by the use of comprehensive credit profiles and policies, a streamlined credit score evaluation system, and flexible scoring models, which include third-celebration credit advice integration.
  • Dynamic Discounting: This solution now uses true-time interior and exterior business enterprise records to consider suppliers and advocate the top of the line dynamic bargain 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. New enhancements consist of greater organisation administration, sourcing and buying by the use of streamlined approaches, electronic signature integration and creative sourcing courses.

  • Self-provider procurement: The consumer experience of this answer has been fully redesigned to healthy contemporary buyer browsing experiences.
  • cellular Self service Procurement: This cloud answer now offers coverage compliant spending via an increasingly cell personnel to raise a company's effectivity and mark downs.
  • venture Portfolio ManagementThis household of functions grants new and stronger capabilities to make 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 answer has been superior with a brand new 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 force 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 way of funding supply, and help for interior or exterior funding sources.
  • commercial enterprise performance administration  The latest additions to this family unit of functions encompass new choices for tax reporting, and profitability and price management, as well as new strategic modeling and disclosure management capabilities.

  • Tax Reporting: This answer now streamlines tax facts collection and analysis for direct tax reporting. It additionally makes it possible for international businesses to control complex tax provisions, as smartly because the OECD's new nation-via-country reporting (CbCR) necessities via automation.
  • Profitability and cost management: This solution now permits business users to take 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 center of attention on innovation, investments in industry specific capabilities, and electricity in bendy and modular adoption strategies, helps our valued clientele across measurement, business and geography to grow, radically change and compete."

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

    read Gartner's 2017 "Magic Quadrant for Cloud Core monetary management Suites for Midsize, big 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 deep insight into business developments and breakthroughs pushed by means of know-how. Designed for attendees who need to connect, gain knowledge of, discover and be 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 all over the world, Oracle OpenWorld has turn into a show off for leading cloud applied sciences, from Cloud purposes to Cloud Platform and Infrastructure. For greater assistance; to register; or to observe Oracle OpenWorld keynotes, classes, and extra, consult with www.oracle.com/openworld. be part 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), please talk over with us at oracle.com.

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

    protected Harbor DisclaimerThe preceding is supposed to define our familiar product route. it is supposed for counsel applications simplest, and may no longer be incorporated into any contract. It isn't a commitment to bring any material, code, or performance, and should no longer be relied upon in making buying selections. The development, free up, and timing of any elements or functionality described for Oracle's items continues to be 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 be past Oracle's handle. All 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


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    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 Call Transcript | killexams.com real questions and Pass4sure dumps

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

    The Hackett Group Announces Second Quarter 2018 Results | killexams.com real 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 gross revenue was $75.6 million, up 3% from the same period in the prior year.

    Q2 2018 pro forma diluted earnings per share 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 share 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, benefit 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 end 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 end 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 strong digital transformation, cloud and analytics demand, while continuing to transition our Oracle business from on-premise to cloud implementations,” stated Ted A. Fernandez, Chairman and CEO of The Hackett Group. “With Oracle Cloud revenue now exceeding our on-premise revenue and with cloud growth outpacing the on-premise decline, we are getting closer to seeing the revenue growth fully reflected in our results.”

    Based on the current economic outlook, the Company estimates total net revenue for the third quarter of 2018 to be in the range of $67.0 million and $69.0 million or gross revenue (inclusive of reimbursable expenses) to be in the range of $73.0 million and $75.0 million. The Company estimates pro forma diluted earnings per share for the third quarter of 2018 to be in the range of $0.26 and $0.28. At the high end of guidance, pro forma diluted earnings per share for the third quarter of 2018 would increase 8%, when compared to the same period in the prior year.

    Other Highlights

    Procurement Key Issues Research – The Hackett Group issued new Key Issues Research showing that procurement organizations have significantly shrunk the capability gap in digital transformation over the past year, with two thirds now having a strategy in place and nearly half having the resources and competencies needed to execute. Procurement leaders expect to rely on digital transformation to help them achieve an array of critical objectives in 2018, including cost-cutting, improving agility, and improving their ability 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 offer 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 improve human capital management (HCM) performance, the efficiency and effectiveness of their HR operations and strategic impact to help drive enterprise results.

    Oracle Cloud Excellence Implementer Program - The Hackett Group, a Cloud Premier and Platinum level 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 Close 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, intelligent 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 discuss second quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 593-0486, [Passcode: Second Quarter]. For International callers, please 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 be available beginning at 8:00 P.M. ET on Tuesday, August 7, 2018 and will run through 5:00 P.M. ET on Tuesday, August 21, 2018. To access the rebroadcast, please dial (866) 424-7877. For International callers, please dial (203) 369-0866.

    In addition, The Hackett Group will also be webcasting this conference call live through the StreetEvents.com service. To participate, simply visit http://www.thehackettgroup.com approximately 10 minutes prior to the start of the call and click on the conference call link provided. An online replay of the call will be available after 8:00 P.M. ET on Tuesday, August 7, 2018 and will run 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 include business transformation, enterprise analytics, 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 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 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.

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

         

    The Hackett Group, Inc.

    CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share 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 share from operations $ 0.39 $ 0.16 $ 0.65 $ 0.44 Weighted average common shares outstanding 29,430 29,041 29,260 28,955   Diluted net income per common share: Income per common share from operations $ 0.36 $ 0.15 $ 0.59 $ 0.39 Weighted average 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 average 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 average 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 include a normalized tax rate, which is our 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 certain 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 be 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 return on equity (5) 31 % 38 % 31 % Depreciation (in thousands) $ 624 $ 612 $ 580 Amortization (in thousands) $ 591 $ 532 $ 613     Remaining Plan authorization: Shares purchased (in thousands) - 507 53 Cost of shares repurchased (in thousands) $

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

    (3) SAP Solutions encompasses Best Practice 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 average shareholder's equity (6) Certain reclassifications have 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 real 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 Partner 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 business into new markets and demonstrating significant value add in a specific domain.

    “With warmest thanks and gratitude to our partners, customers and employees, we’re honored to receive this prestigious award,” said Kevin Creel, President, Strategy and Business Development, Inspirage. “We are extremely proud of our team’s accomplishments, but more importantly, we’re even more excited about the future as we move to the cloud and embrace digital technologies in order to help our 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 use Oracle’s products and technology to create value for customers. Inspirage is a Platinum Partner in the Oracle PartnerNetwork and has been recognized as a Cloud Premier Partner for Oracle.

    About InspirageInspirage is the integrated supply chain specialist firm solving business critical 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 break down information silos and optimize performance to accelerate innovation, fuel growth and achieve operational excellence.

    Inspirage is a Platinum level 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 Partner 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 partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be 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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    Oracle 1Z0-982 Exam (Oracle Enterprise Planning and Budgeting Cloud Service 2017 Implementation) Detailed Information



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