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1Z0-985 | Oracle Enterprise Performance Reporting Cloud Service 2017 Implementation Essentials

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1Z0-985 - Oracle Enterprise Performance Reporting Cloud Service 2017 Implementation Essentials - braindump

Vendor Oracle
Exam Number 1Z0-985
Exam Name Oracle Enterprise Performance Reporting Cloud Service 2017 Implementation Essentials
Questions 70 Q & A
Recent Update February 15, 2019
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1Z0-985 exam Dumps Source : Oracle Enterprise Performance Reporting Cloud Service 2017 Implementation Essentials

Test Code : 1Z0-985
Test Name : Oracle Enterprise Performance Reporting Cloud Service 2017 Implementation Essentials
Vendor Name : Oracle
Q&A : 70 Real Questions

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Oracle Oracle Enterprise Performance Reporting

Oracle of Omaha Abandons Oracle’s stock After simply 1 Quarter | killexams.com Real Questions and Pass4sure dumps

Warren Buffett's Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) invested about $2.1 billion in Oracle (NYSE:ORCL) in late 2018. That turned into a bullish vote of self assurance for the business utility company, because Buffett had handiest invested in a handful of tech shares after shunning them for most of his career.

however, a fresh SEC filing published that Berkshire bought its total place in Oracle after a single quarter. That became a striking move for Buffett, a champion of long-term investing who famously claimed that his favourite holding period became "perpetually". So why did the Oracle of Omaha all at once dump Oracle?

A stock chart.

picture source: Getty photos.

realizing Oracle's business

Oracle, like many other mature enterprise software corporations, is struggling to develop its sales in a saturated market. Analysts expect its revenue to fall 1% this fiscal 12 months (which ends on may 31), compared to 6% boom final year.

Oracle is pivoting faraway from its sluggish-growth, on-premises agencies, like database hardware and application, towards bigger-increase cloud services. Oracle in the past disclosed its cloud-based SaaS (utility as a carrier), IaaS (infrastructure as a carrier), and PaaS (platform as a service) revenues one at a time, and buyers often measured Oracle's turnaround by means of the energy of these agencies.

besides the fact that children, the growth of that cloud earnings decelerated tremendously throughout fiscal 2018. in the fourth quarter of 2018, Oracle stopped reporting the boom of its SaaS, IaaS, and PaaS revenues separately.

in its place, it mixed those instruments with its legacy organizations into two new (and arguably opaque) reporting segments: "Cloud services & License guide" revenue and "Cloud License & On-Premise License" income. although, the efficiency of those two new segments over the last three quarters indicated that Oracle's cloud boom was nevertheless decelerating:

Metric

q4 2018

Q1 2019

Q2 2019

Cloud features and License support

$6.eight billion

$6.6 billion

$6.6 billion

YOY growth

8%

3%

3%

Cloud License and On-Premise License

$2.5 billion

$867 million

$1.2 billion

YOY boom

(5%)

(3%)

(9%)

source: Oracle quarterly reports, on a stated (now not regular currency) groundwork.

Oracle pronounced flat 12 months-over-12 months earnings increase final quarter. This shows that Oracle is struggling to compete in opposition t bigger fish in the cloud capabilities market like Amazon (NASDAQ:AMZN) web features (AWS) and Microsoft's (NASDAQ:MSFT) Azure.

Amazon's AWS income rose forty five% to $7.4 billion ultimate quarter, and it retained its title because the largest IaaS/PaaS platform on the earth. Microsoft's industrial cloud profits -- which includes Azure, office 365, Dynamics, and other SaaS items -- climbed forty eight% to $9 billion final quarter. inside that complete, its Azure profits surged 76%.

business shoppers are obviously flocking to both AWS or Azure, which leaves very little room for cloud underdogs like Oracle and IBM (NYSE:IBM). Berkshire also sold its total stake in IBM remaining year amid concerns about its cloud competitors.

A network of cloud computing connections.

picture supply: Getty photos.

An addiction to buybacks

I believe Oracle is on the verge of constructing the identical blunders as IBM. Buffett become initially drawn to IBM in 2011 after huge Blue pledged to double its EPS within five years -- but to attain that goal (which it finally did not do), IBM dramatically reduce costs, bought business contraptions, didn't put money into new applied sciences, and aggressively repurchased its inventory. in consequence, IBM's earnings boom flatlined and it fell in the back of Amazon and Microsoft in the cloud market.

last quarter, Oracle spent $10 billion on buybacks. that's why its non-GAAP EPS surged sixteen% as its internet salary best rose 3%. In other words, Oracle "bought" an income beat, and analysts expect those buybacks to raise its non-GAAP EPS by means of 9% this yr. Oracle these days authorized another $12 billion in buybacks.

buying lower back inventory is only a sensible move if a corporation can not discover significant easy methods to reinvest its money into its enterprise. it will be wiser for Oracle, which is sitting on $forty nine billion money and marketable securities, to purchase greater cloud provider agencies to boost its earnings boom and aggressively problem Amazon and Microsoft.

Oracle purchased seven corporations in 2018, however the largest acquisition, Grapeshot, simplest can charge about $four hundred million. Oracle's operating expenses additionally rose lower than 1% annually final quarter, which suggests a scarcity of urgency involving the boom of its cloud companies.

Berkshire doesn't wish to personal an additional IBM

Oracle's stock looks low-priced at 14 instances forward revenue, but Berkshire Hathaway doubtless doesn't want to own a further stagnant tech inventory like IBM. Oracle is arguably in superior shape these days than IBM in 2011, but Berkshire possible noticed too many similarities to stick with what is likely to be a protracted-time period loser.

John Mackey, CEO of total foods Market, an Amazon subsidiary, is a member of The Motley fool's board of directors. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley fool's board of directors. Leo solar owns shares of Amazon. The Motley fool owns shares of and recommends Amazon and Berkshire Hathaway (B shares). The Motley idiot owns shares of Microsoft and Oracle. The Motley fool is short shares of IBM and has here alternate options: lengthy January 2020 $30 calls on Oracle. The Motley idiot has a disclosure policy.


Oracle accelerates Adoption of enterprise Blockchain international | killexams.com Real Questions and Pass4sure dumps

Press liberate

Redwood Shores, Calif.—Feb 12, 2019

organizations world wide have already reaped the merits of blockchain purposes constructed on Oracle Blockchain Platform. agencies the use of Oracle’s business-able blockchain were able to move from experimentation to production by using developing new blockchain applications from scratch or adding blockchain performance to an existing solution. To aid its shoppers, Oracle has added new elements to the platform that help clients velocity up the development, integration, and deployment of recent blockchain functions.

while blockchain can enormously streamline many present procedures surrounding supply chain, id, go-border funds, and fraud detection, agencies have struggled to implement blockchain networks within their latest ecosystems. Oracle Blockchain Platform addresses this challenge by means of streamlining the system of constructing and integrating blockchain applications across different business networks and connecting them into the critical enterprise approaches within these ecosystems.

“Oracle’s persevered leadership and investment in enterprise blockchain technology ensures that the platform has all the vital capabilities organizations need to build blockchain purposes to deal with their most vital business transactions,” noted Frank Xiong, community vice president, Blockchain Product construction, Oracle. “The number of customers already operating blockchain purposes in accordance with Oracle’s blockchain platform is testament to the power of the technology and the cost it brings to a extensive range of industries.”

global valued clientele with Blockchain Apps in Use

using blockchain functions, Oracle shoppers are establishing new how you can increase have confidence in diverse ecosystems and lengthening the speed, safety and effectivity of a wide array of business strategies. Oracle’s hastily growing checklist of international purchasers with construction deployments on its business-grade blockchain platform encompass:

  • China Distance education Holdings restricted (CDEL) makes use of blockchain to share academic statistics and knowledgeable certifications across many educational institutions to help employers and recruiters check the academic credentials claimed by using people.
  • Circulor makes use of blockchain to tune conflict minerals from their starting place at the mines to processing and use in electronic add-ons to make sure ethical sourcing of uncooked materials.
  • SERES uses blockchain to carry more desirable trust and effectivity to electronic invoicing in franchise networks, which share ordering and success facts between franchisors and franchisees.
  • additionally, Arab Jordan funding financial institution, CargoSmart, licensed Origins, HealthSync, ICS fiscal methods, NeuroSoft, Nigeria Customs, OriginTrail, SDK.Finance, and TradeFin have constructed or integrated production-in a position blockchain functions on Oracle Blockchain Platform.
  •  

    “Oracle’s blockchain answer grants commercial enterprise performance, security and scalability correct out-of-the-container,” said Doug Johnson-Poensgen, CEO and founder of Circulor. “We began with the Oracle Blockchain Platform four months ago and had been in a position to go from zero to a production system spanning distinct organizations involved in moral sourcing of minerals within a rely of months. yet another key knowledge is that we were in a position to integrate Oracle’s blockchain platform right into a hybrid blockchain community spanning multiple clouds and easily integrate with our latest programs and functions.”

    “Blockchain improves the have confidence relationship between franchisor and the franchises through together with optimum practices and decentralized entry to the transactions.  continuously, merchandise acceptance procedures are guide and require an operator entering the statistics into the equipment. but, as an instance when a franchise has financial complications, it might repudiate that delivery, saying that it under no circumstances got the merchandise. they can manipulate the database and, having said that, additionally the franchisor can manipulate it,” mentioned José María Mínguez Gutiérrez, Transactional services supervisor of SERES. “With blockchain and its immutability and traceability of tips, all these complications disappear and all parties can have confidence the facts and the transactions.”

    Enhances security, Developer productivity and DevOps Capabilities

    With this newest release, Oracle has introduced interesting developer-oriented productiveness enhancements and consortium-oriented identity management points, that are critical to diverse corporations conducting business transactions by means of a blockchain community. New DevOps capabilities make the platform less complicated to integrate with latest company and IT systems. additionally, as blockchain becomes an important records save in the business, the platform enables Oracle autonomous records Warehouse valued clientele to transparently capture blockchain transaction background and existing state statistics for analytics and to combine it with other facts sources. New features include:

  • stronger world state database to guide commonplace SQL-based mostly ledger queries decreasing the complexity of establishing chaincode using with ease available programming talents, ensure sensible contracts can safely depend on the query consequences, which might be proven at transaction commit, and vastly increase performance of wealthy statistics queries.
  • wealthy history database shadows transaction heritage into a relational database schema within the autonomous records Warehouse or other Oracle databases, which transparently makes it possible for analytics integration for interactive dashboards and reports.
  • superior rest APIs for event subscription, blockchain administration/configuration, and monitoring of network health, transaction prices, and other facts, which simplify integration with current commercial enterprise IT equipment.
  • identity federation extra extends authentication capabilities to work with exterior id suppliers to facilitate consortium blockchains with many distinct participants the use of their existing identity management programs.
  • Third-birthday celebration certificate help for registering customer businesses on the blockchain community to allow them to use current certificates issued by relied on third events.
  • Hyperledger cloth 1.three assist, which adds many new features in accordance with the evolving open supply version, including chaincode development in Java, extra leveraging present business potential, and help for private transactions among a subset of individuals, keeping privateness and company confidentiality. This demonstrates Oracle’s commitment to dwell current with the Hyperledger community through leveraging new releases and contributing to the open supply group.
  •   About Oracle Blockchain

    best Oracle gives a complete blockchain providing, including company-able Oracle Blockchain functions Cloud and Oracle Blockchain Platform for builders who deserve to construct or integrate their applications. Oracle’s blockchain applications are developed with Oracle Blockchain Platform and seamlessly join with Oracle give Chain administration (SCM) Cloud, Oracle commercial enterprise aid Planning (ERP) Cloud and other Oracle Cloud purposes. Oracle Blockchain Platform is construction ready with business-grade capabilities, convenient to adopt, and brief to develop upon, accelerating consumer’s blockchain journeys and saving their fees.

    Contact info About Oracle

    The Oracle Cloud presents a complete suite of integrated functions for revenue, provider, marketing, Human substances, Finance, supply Chain and Manufacturing, plus totally-computerized and relaxed technology 2 Infrastructure featuring the Oracle self sufficient Database. For extra suggestions about Oracle (NYSE: ORCL), please consult with us at www.oracle.com.

    trademarks

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


    Synacor’s Zimbra X Platform is Now Powered by means of Oracle Cloud and purchasable within the Oracle Cloud industry | killexams.com Real Questions and Pass4sure dumps

    Synacor Inc. SYNC, +0.00% a Gold level member of Oracle PartnerNetwork (OPN), these days announced Zimbra X, Synacor’s cloud-concentrated email and collaboration platform, has carried out Powered by using Oracle Cloud reputation andis now attainable within the Oracle Cloud marketplace.

    Zimbra X, a brand new containerized, cloud-based mostly electronic mail and collaboration platform, can vigor comprehensive email communications, contacts, calendar, file sharing, and projects with collaboration add-ons that consist of messaging, videoconferencing, document creation, and file storage – all obtainable by the use of any machine. Zimbra X is currently centered at service providers - offering consumer-pleasant, subsequent-technology email and collaboration functions that enable ISPs and instant operators to offer a strong customer cost-add and boost subscriber engagement, retention and loyalty.

    Powered by Oracle Cloud Infrastructure, Synacor’s Zimbra X helps make certain simpler roll out of e-mail and collaboration services with right here elements:

  • Containerized, with automated orchestration that reduces normal compute time on the cloud and tremendously reduces costs
  • Highlyavailable to in the reduction of aid prices associated with downtime and system outages
  • Monetize through not obligatory ads and integration with Synacor’s advertising platform
  • constructed with industry-leading protection and privateness facets corresponding to 2-aspect authentication (2FA), email encryption, relaxed communications by means of TLS, HTTPs and extra
  • offers turnkey migration, customization, cloud birth, and monetization
  • Powered via Oracle Cloud status acknowledges OPN member options that have been verified or demonstrated to run on Oracle Cloud Infrastructure. This fulfillment presents clients self assurance that the companion's utility is supported by means of the Oracle Cloud Infrastructure SLA assure, enabling full entry and manage over their cloud infrastructure features as well as consistent efficiency.

    The Oracle Cloud industry is a one-cease shop for Oracle clients in the hunt for trusted enterprise applications and repair providers providing unique business solutions, together with ones that prolong Oracle Cloud functions. Oracle Cloud is the industry’s broadest and most finished public cloud, offering enterprise-grade services at every stage of the cloud know-how stack including platform as a provider (PaaS), infrastructure as a service (IaaS), and facts as a service (DaaS).

    "The cloud represents a major opportunity for our partner group," saidDavid Hicks, vice chairman, WW ISV Cloud company development and advertising, Oracle. "Synacor's dedication to innovation with the Oracle Cloud and music record of best execution help our customers deploy a cloud-enabled and modern collaboration platform able to meet essential business wants.”

    “we are excited to collaborate with Oracle to simplify Zimbra X deployment, and also to tremendously prolong our attain to new expertise customers. Zimbra X purchasers are actually able to reap the charge and performance merits of Oracle’s subsequent-gen, cloud-based mostly infrastructure,” observed Synacor CEO Himesh Bhise. “We look forward to endured engagement with the Oracle group to power bigger adoption of Zimbra X e mail and Collaboration.”

    About Zimbra electronic mail and CollaborationZimbra, a Synacor product, is an electronic mail and collaboration platform that comprises contacts, calendar, tasks, quick messaging, and file sharing, plus add-ons such as videoconferencing, document creation, and file storage. Zimbra powers tons of of millions of mailboxes in one hundred forty+ international locations and is offered via greater than 1,900 channel companions. agencies, governments, and service suppliers believe Zimbra.

    Zimbra can also be deployed on-premises, within the cloud, or as a hybrid service. The Zimbra company solution provider network offers it as a Hosted carrier. Synacor operates a turnkey, entirely hosted/managed, and monetized solution for provider providers.

    To request an invitation for the Zimbra X companion development program for North america-primarily based provider suppliers (SPs), talk over with https://info.zimbra.com/zimbra-x-beta.

    For extra suggestions about becoming a Zimbra Channel accomplice, visithttps://www.zimbra.com/companions/turn into-companion/.

    About SynacorSynacor SYNC, +0.00% is the trusted expertise building, multiplatform capabilities and salary partner for video, internet and communications suppliers, gadget manufacturers, governments and corporations. Synacor’s mission is to allow its customers to better engage with their patrons. Its shoppers use Synacor’s expertise structures and capabilities to scale their agencies and extend their subscriber relationships.Synacordelivers managed portals, promoting options, electronic mail and collaboration structures, and cloud-based id management. www.synacor.com

    About Oracle Cloud InfrastructureOracle Cloud Infrastructure is the business Infrastructure as a service (IaaS) platform. companies of all sizes count on Oracle Cloud to run business and cloud native applications with mission-critical efficiency and core-to-part security. by means of operating both normal and new workloads on a comprehensive cloud that contains compute, storage, networking, database, and containers, Oracle Cloud Infrastructure dramatically raises operational efficiency and lowers total can charge of ownership. For greater assistance, visithttps://cloud.oracle.com/iaas.

    About Oracle PartnerNetworkOracle PartnerNetwork (OPN) is Oracle's associate program that offers partners with a differentiated knowledge to boost, sell and put in force Oracle solutions. OPN presents supplies to train and support really good advantage of Oracle’s items and options and has developed to respect Oracle’s turning out to be product portfolio, associate base and business opportunity. Key to the latest enhancements to OPN is the capacity for partners to be identified and rewarded for their investment in Oracle Cloud. companions attractive with Oracle should be able to differentiate their Oracle Cloud talents and success with customers in the course of the OPN Cloud software – an inventive program that complements latest OPN application degrees with tiers of cognizance and innovative benefits for partners working with Oracle Cloud. To discover more seek advice from: http://www.oracle.com/partners.

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

    View supply version on businesswire.com: https://www.businesswire.com/information/home/20190219005557/en/

    supply: Synacor Inc.

    Meredith RothVP, advertising and marketing & company CommunicationsSynacormroth@synacor.com+1 770-846-1911 Investor ContactDavid CalusdianSharon Merrill buddies+1 617-542-5300ir@synacor.com

    Copyright enterprise Wire 2019


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    The Hackett Group Announces Fourth Quarter and Fiscal 2018 Results | killexams.com real questions and Pass4sure dumps

    TMCNet: The Hackett Group Announces Fourth Quarter and Fiscal 2018 Results

    The Hackett Group Announces Fourth Quarter and Fiscal 2018 Results

    The Hackett Group, Inc. (NASDAQ: 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 fourth quarter, which ended on December 28, 2018.

    Q4 2018 net revenue (gross revenue less reimbursable expenses) from continuing operations was $61.6 million, down 1% as compared to the same period in the prior year. Q4 2018 gross revenue from continuing operations was $66.5 million, down 1% from the same period in the prior year. Fiscal year 2018 net revenue (gross revenue less reimbursable expenses) from continuing operations was $264.5 million, up 4% from prior year.

    GAAP diluted losses per share were $0.00 for the fourth quarter of 2018, compared to earnings of $0.29 in the fourth quarter of 2017. GAAP diluted earnings per share were $0.74 for fiscal year 2018, compared to earnings of $0.85 for the fiscal year 2017. During the fourth quarter of 2018, the Company recorded a $6.3 million write-off of its investments in HPE software and Working Capital and recorded discontinued operations of its REL working capital group, all of which negatively impacted earnings per share by $0.23. During the fourth quarter of 2017, the adoption of the new tax pronouncements and tax legislation favorably impacted GAAP diluted earnings per share by $0.12.

    Q4 2018 pro forma diluted earnings per share were $0.26, up 4% when compared to $0.25 for the same period in the prior year. Fiscal 2018 pro forma diluted earnings per share were $1.06, up 12% when compared to $0.95 for the prior year. 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.

    At the end of the fourth quarter of 2018, the Company's cash balances were $13.8 million. During the quarter, the Company repurchased 15 thousand shares under its stock repurchase program. As of the end of the fourth quarter of 2018, the Company's remaining stock repurchase program authorization was $6.9 million.

    "In Q4 we took several actions that reinforced our focus on our growing digital transformation groups and strengthened our organization as we head into 2019," stated Ted A. Fernandez, Chairman and CEO of The Hackett Group. "Although the decline in our on premise implementation revenues unfavorably impacted our Q4 results and the start of 2019, as we decrease our exposure to our legacy on premise revenue, we expect to continue to get closer to realizing the revenue growth of our digital transformation focus."

    Based on the current economic outlook, the Company estimates total net revenue for the first quarter of 2019 to be in the range of $61.5 million and $63.0 million or gross revenue (inclusive of reimbursable expenses) to be in the range of $66.5 million and $68.0 million. The Company estimates pro forma diluted earnings per share for the first quarter of 2019 to be in the range of $0.21 and $0.23.

    Other Highlights

    European Best Practices Conference - Nearly 200 business executives from over 134 companies attended The Hackett Group's 2018 European Best Practices Conference "Unlocking Digital Value" in London from October 9th to October 11th. Speakers included leaders in finance, procurement, HR, IT, global business services and working capital from over a dozen of Europe's largest and most successful companies, including: Agrekko, AstraZeneca, Cisco, HP Inc., IBM, Nokia, Robert Bosch GmbH, Rolls-Royce, Pearson Plc, Redwood Software, SAP, Shell Smith & Nephew, Tungsten Network, Wipro and Vodafone.

    UiPath Alliance - The Hackett Group, Inc. announced that it has been named a Recommended Partner by UiPath, the leading enterprise Robotic Process Automation (RPA) software company. The partnership will enable The Hackett Group to further expand its ability to offer UiPath solutions to clients.

    Oracle Excellence Award - Oracle awarded The Hackett Group with its 2018 Oracle Excellence Award for Specialized Partner of the Year - SaaS Innovation Solution of the Year. The award recognizes The Hackett Group for its commitment to delivering innovative, specialized solutions and services using Oracle Cloud software and hardware.

    CASME Alliance - The Hackett Group, Inc. and CASME launched an alliance that will provide procurement clients of both companies with access to additional insights, research assets and networking opportunities. Through the reciprocal alliance, members of The Hackett Group's Procurement Advisory Programs will benefit from access to CASME's extensive spend category-specific market intelligence and indirect spending expertise, as well as selected Webcasts, RoundTables, virtual events and other peer networking opportunities. CASME clients will gain access to select research insights from The Hackett Group's procurement membership advisory teams. The Hackett Group will also host Webcasts and provide seats at selected virtual events for CASME members.

    On Tuesday, February 19, 2019 senior management will discuss fourth quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 593-0486, [Passcode: Fourth 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, February 19, 2019 and will run through 5:00 P.M. ET on Tuesday, March 5, 2019. To access the rebroadcast, please dial (866) 458-4758. For International callers, please dial (203) 369-1315. 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, February 19, 2019 and will run through 5:00 P.M. ET on Tuesday, March 5, 2019. To access the replay, visit www.thehackettgroup.com or http://www.streetevents.com.

    About The Hackett Group

    The Hackett Group (NASDAQ: 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 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 16,500 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 Hackett's Digital Transformation Platform 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 those 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 Twelve Months Ended December 28, December 29, December 28, December 29,

    2018

    2017 2018 2017 Revenue: Revenue before reimbursements ("net revenue") $ 61,595 $ 62,307 $ 264,523 $ 255,131 Reimbursements   4,940   4,622   21,364   21,468 Total revenue 66,535 66,929 285,887 276,599   Costs and expenses: Cost of service: Personnel costs before reimbursable expenses 35,979 35,744 159,614 153,357 Non-cash stock compensation expense 900 1,015 3,815 4,409 Acquisition-related compensation expense (benefit) 14 540 (535) 1,582 Acquisition-related non-cash stock compensation expense 575 795 2,027 2,515 Reimbursable expenses   4,940   4,622   21,364   21,468 Total cost of service 42,408 42,716 186,285 183,331   Selling, general and administrative costs 14,352 14,880 58,516 57,473 Non-cash stock compensation expense 743 903 3,238 3,330 Amortization of intangible assets 580 615 2,369 2,090 Acquisition-related costs - - - 378 Acquisition-related contingent consideration liability (614) - (4,364) - Impairment of assets (3) 6,269 - 6,269 - Restructuring costs   -   -   -   1,293 Total selling, general, and administrative expenses 21,330 16,398 66,028 64,564         Total costs and operating expenses   63,738   59,114   252,313   247,895   Income from operations 2,797 7,815 33,574 28,704   Other expense: Interest expense   (123)   (183)   (638)   (584)   Income from continuing operations before income taxes 2,674 7,632 32,936 28,120 Income tax expense (benefit)   (41)   (1,203)   5,577   2,564 Income from continuing operations 2,715 8,835 27,359 25,556 Gain (loss) from discontinued operations   (2,851)   606   (3,450)   1,798 Net income (loss) $ (136) $ 9,441 $ 23,909 $ 27,354     Weighted average common shares outstanding: Basic 29,517 28,735 29,379 28,852 Diluted 32,677 32,022 32,330 32,196     Basic net income per common share: Income per common share from operations $ 0.09 $ 0.31 $ 0.93 $ 0.89 Income (loss) per common share from discontinued operations (2)   (0.09)   0.02   (0.12)   0.06 Net income per common share $ (0.00) $ 0.33 $ 0.81 $ 0.95     Diluted net income per common share: Income per common share from operations $ 0.08 $ 0.27 $ 0.85 $ 0.79 Income (loss) per common share from discontinued operations   (0.08)   0.02   (0.11)   0.06 Net income per common share $ (0.00) $ 0.29 $ 0.74 $ 0.85   Pro forma data (1): Income from operations before income taxes $ 2,674 $ 7,632 $ 32,936 $ 28,120 Non-cash stock compensation expense 1,643 1,918 7,053 7,739 Acquisition-related compensation expense (benefit) 14 540 (535) 1,582 Acquisition-related non-cash stock compensation expense 575 795 2,027 2,515 Acquisition-related costs - - - 378 Acquisition-related contingent consideration liability (614) - (4,364) - Impairment of assets (3) 6,269 - 6,269 - Restructuring costs - - - 1,293 Amortization of intangible assets   580   615   2,369   2,090 Pro forma income before income taxes 11,141 11,500 45,755 43,717 Pro forma income tax expense   2,785   3,450   11,439   13,115 Pro forma net income $ 8,356 $ 8,050 $ 34,316 $ 30,602   Pro forma basic net income per common share $ 0.28 $ 0.28 $ 1.17 $ 1.06 Weighted average common shares outstanding 29,517 28,735 29,379 28,852   Pro forma diluted net income per common share $ 0.26 $ 0.25 $ 1.06 $ 0.95 Weighted average common and common equivalent shares outstanding 32,677 32,022 32,330 32,196    

    -------------------------------------------------

    (1) The Company provides pro forma earnings results (which exclude the amortization of intangible assets, stock compensation expense, acquisition-related one-time expense, cash and stock compensation expense (benefit), restructuring and impairment charges 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.

     

    (2) Discontinued operations relate to the discontinuance of the Company's REL Working Capital group.

      (3) The charge for the impairment of assets relates to the discontinuance of the Hackett Performance Exchange and the Working Capital training course. The Hackett Group, Inc.     CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands) (unaudited)   December 28, December 29, 2018 2017 ASSETS Current assets: Cash and cash equivalents $ 13,808 $ 17,512 Accounts receivable and unbilled revenue, net 54,807

    52,267

    Prepaid expenses and other current assets 4,339 2,511 Assets related to discontinued operations (4)   137   2,995 Total current assets 73,091

    75,285

      Property and equipment, net 19,750 18,851 Other assets 3,704 6,021 Goodwill, net   84,207   85,074 Total assets $ 180,752 $

    185,231

      LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable $ 7,429 $ 8,434 Accrued expenses and other liabilities 34,498 42,685 Liabilities related to discontinued operations (4)   2,300   329 Total current liabilities 44,227 51,448 Non-current accrued expenses and other liabilities - 1,268 Long-term deferred tax liability, net 6,435 6,240 Long-term debt   6,500   19,000 Total liabilities 57,162 77,956   Shareholders' equity   123,590   107,275 Total liabilities and shareholders' equity $ 180,752 $ 185,231     (4) The assets and liabilities related to discontinued operations relate to the discontinuance of the Company's European Working Capital Group. The Hackett Group, Inc.       SUPPLEMENTAL FINANCIAL DATA (unaudited)   Quarter Ended December 28, December 29, September 28, 2018 2017 2018 Revenue Breakdown by Group: (in thousands) The Hackett Group (5) $ 52,906 $ 52,435 $ 60,225 SAP Solutions (6)   8,689   9,872   7,958 Net revenue (7) $ 61,595 $ 62,307 $ 68,183   Revenue Concentration: (% of total revenue) Top customer 4% 4% 7% Top 5 customers 16% 13% 19% Top 10 customers 24% 20% 26%   Key Metrics and Other Financial Data:   Total Company: Consultant headcount 1,003 1,011 1,046 Total headcount 1,246 1,243 1,290 Days sales outstanding (DSO) 75 72 70 Cash provided by operating activities (in thousands) $ 8,056 $ 7,559 $ 9,521 Pro forma return on equity (8) 30% 32% 32% Depreciation (in thousands) $ 609 $ 601 $ 652 Amortization (in thousands) $ 580 $ 615 $ 585     Remaining Plan authorization: Shares purchased (in thousands) 15 - - Cost of shares repurchased (in thousands) $ 240 $ - $ - Average price per share of shares purchased $ 16.01 $ - $ - Remaining Plan authorization (in thousands) $ 6,934 $ 3,138 $ 7,174   Shares Purchased to Satisfy Employee Net Vesting Obligations: Shares purchased (in thousands) 14 6 8 Cost of shares purchased (in thousands) $ 274 $ 89 $ 118 Average price per share of shares purchased $ 19.74 $ 15.37 $ 15.77   (5) The Hackett Group encompasses the Benchmarking, Business Transformation and Executive Advisory groups, and EPM Groups and excludes AMS. (6) SAP Solutions encompasses Best Practice Implementation of ERP Software, the SAP group, approximately 50% of which are offshore resources. (7) Net revenue excludes reimbursable expenses which are primarily travel-related expenses passed through to a client with no associated margin. (8) Twelve months of pro forma net income divided by average shareholder's equity (9) Certain reclassifications have been made to conform with current reporting requirements.

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

    NEW YORK--(BUSINESS WIRE)--

    Accenture (ACN) has acquired DAZ Systems, Inc., a provider of Oracle ERP Cloud services with broad experience and assets that help organizations deploy and integrate enterprise performance management and human capital management applications. The acquisition further bolsters Accenture’s robust Oracle capabilities and delivers new value for clients on their journeys to the cloud.

    “DAZ has extensive experience implementing Oracle Cloud solutions, which complements Accenture’s established credentials across the Oracle Cloud portfolio,” said Bhaskar Ghosh, group chief executive, Accenture Technology Services. “Organizations demand proven expertise, as well as new innovative solutions and methods to help them transform their businesses. DAZ will help us continue to deliver the very best thinking and capabilities to our clients.”

    DAZ’s more than 300 professionals will join Accenture’s Oracle Business Group. Together, Accenture and DAZ combine deep domain knowledge and broad industry expertise to help clients unlock even greater value.

    “At Accenture, we continually look for new ways to empower our clients to embrace the power of digital technologies to improve their businesses,” said Annette Rippert, senior managing director, Accenture Technology – North America. “DAZ is a valued Oracle partner and brings an impressive track record and top talent that will help drive significant results for our clients.”

    DAZ CEO Walt Zipperman added, “DAZ’s mission is to help organizations implement mission-critical business systems by bringing a contemporary perspective and experience-driven insights. Joining Accenture is an incredible opportunity to advance this goal by combining our strengths with Accenture’s in depth capabilities and global scale. Together, we’ll be able to deliver substantial value for clients around the world.”

    Headquartered in El Segundo, California, DAZ was founded in 1995. It is one of the top Platinum-level partners in Oracle’s PartnerNetwork, having delivered more than 500 successful Oracle implementations to-date. DAZ is Oracle ERP Cloud and HCM Cloud certified and was named Oracle’s Cloud Partner of the Year in 2015, 2016, and 2017.

    The addition of DAZ builds on Accenture’s recent acquisition of Certus Solutions, a UK-based Oracle Cloud implementation provider, adding to its growing capabilities in delivering digital transformation on Oracle Cloud.

    Accenture has been one of Oracle’s leading systems integration partners globally 12 years in a row, with more than 54,000 Oracle-skilled consultants around the world who help accelerate digital transformation by implementing Oracle-based business solutions and new business processes that develop and evolve as their digital business grows. Accenture has teamed with Oracle for more than 25 years and is a Global Cloud Elite and Platinum level member of the Oracle PartnerNetwork. Accenture is also certified as an Oracle Cloud Excellence Implementer. For more information on the Accenture and Oracle relationship, please visit www.accenture.com/oracle.

    Financial terms of the acquisition were not disclosed.

    About Accenture

    Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 459,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.

    Forward-Looking Statements

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

    View source version on businesswire.com: https://www.businesswire.com/news/home/20181021005048/en/


    Updated Oracle Gen 2 Cloud aims to challenge cloud leaders | killexams.com real questions and Pass4sure dumps

    SAN FRANCISCO -- Oracle is bolstering its Oracle Gen 2 Cloud platform with updated versions of its Autonomous Database technology and other cloud services, in moves intended to give the company a better chance of competing for users with cloud platform leaders Amazon, Microsoft and Google.

    Oracle Gen 2 Cloud encompasses a suite of IT infrastructure and data management services revolving around Oracle Autonomous Database, which combines the flagship Oracle Database 18c software with automated administrative services that use machine learning. Oracle also touts enhanced cloud security services designed to automate protection of cloud environments.

    Larry Ellison, executive chairman and CTO, claimed in an Oracle OpenWorld 2018 keynote that with the new and upcoming capabilities he detailed, Oracle Gen 2 Cloud is more technologically advanced and secure than any other cloud platform on the market.

    Taking on cloud rivals may be a challenge

    However, that assertion will be tested by stiff competition from AWS, Microsoft Azure and Google Cloud Platform. Signs of cloud progress are important for Oracle, which is under pressure to show that its quest for cloud credibility is real.

    Also, this is Oracle's second stab at making Gen 2 Cloud a strong competitor to its rivals. Oracle has been using the term since late 2016, when it launched a new version of its IaaS offering. But that incarnation wasn't fully mature, according to analysts. For example, in a June 2017 report on IaaS platforms, Gartner warned that users of the initial Oracle Gen 2 Cloud needed to have "a very high tolerance for risk, along with strong technical acumen."

    And while Oracle pushes automation that's infused with AI and machine learning functionality for management of IT infrastructure and databases, it isn't alone in emphasizing such features, said James Kobielus, a Wikibon analyst on hand at the OpenWorld conference.

    "Many enterprises and makers of tools are relying on AI for functions that historically relied on highly trained and experienced individuals," he said. "Automation of IT management is happening everywhere."

    Ellison's opening day keynote at OpenWorld ranged from cloud security and database automation based on machine learning to broadside attacks on Amazon, which Ellison has denigrated for alleged technical shortcomings and its stated intention to leave Oracle's databases behind and move its internal operations to its own database software.

    Ellison pointed to what he said was a magazine's description of Amazon developing semi-autonomous database technology, a notion he belittled. "A semi-autonomous database is like a semi-autonomous car," he said. "You get in, you drive, you die."

    Larry Ellison, Oracle executive chairman and CTO, during Oracle OpenWorld 2018 keynote Larry Ellison speaking about Oracle's Gen 2 Cloud platform at Oracle OpenWorld 2018 Autonomous Database advances

    As part of Oracle Gen 2 Cloud, the upcoming Oracle Database 19c release will add new capabilities to Autonomous Database. While details were short at OpenWorld, Oracle reiterated that 19c will include improvements to automatic database indexing, as well as dedicated and fully isolated Exadata cloud infrastructure for Autonomous Database users.

    Ellison first previewed those features in August, when Oracle launched a transaction processing version of Autonomous Database. The transactional service joined the initial data warehousing implementation that Oracle announced at last year's OpenWorld and made available earlier this year. In addition, the company this month brought its Oracle NoSQL Database under the Autonomous Database umbrella.

    With Oracle 19c, automated services will begin to take over query indexing, rather than requiring users to create their own indexes for querying the transaction processor on the cloud, said Andrew Mendelsohn, executive vice president for the Oracle database server group, during a conference session.

    Machine learning helps to continuously monitor workloads and identify new SQL query execution plans, and tests changes outside of production environments, he said. And just like in the real world, indexes will get rolled back if they fail to surpass existing ones on performance.

    "We will evolve your system. As it operates, we will try to create indexes in the background," Mendelsohn said. "If they are slower, then the old plan is restored."

    The promised database advances will be accompanied in Oracle Gen 2 Cloud by enhancements to the cloud security infrastructure that Oracle gained with the acquisition of DNS provider Dyn. New releases are aimed at assuring enterprise customers that the Oracle cloud has solid security underpinnings.

    For example, Oracle is adding a key management service that gives enterprise users more control over encryption of their data, Ellison said. Other new Dyn services include a cloud access security broker and protections against distributed denial-of-service attacks, he added.

    Databases still at the core for Oracle

    With Oracle Gen 2 Cloud and the regular procession of Autonomous Database Cloud enhancements, the company is promising highly efficient cloud database operations. Its oft-stated primary target is AWS, which has released a string of cloud databases in recent years, ranging from the Redshift data warehouse to the Neptune graph data store.

    The central product for Oracle is the database, and all the related tools that support the continued dependence of customers on the database. Carl Olofsonanalyst, IDC

    The Amazon technologies and other cloud databases threaten enterprise incumbent Oracle, which has long anchored its overall efforts around Oracle Database.

    "The central product for Oracle is the database, and all the related tools that support the continued dependence of customers on the database," said Carl Olofson, an analyst at IDC, in an interview before OpenWorld.

    The parade of Autonomous Database elements that began last year help give Oracle "a compelling argument" for users to stay with its software, Olofson said.

    There is less risk in moving to the Oracle cloud database services because they reduce requirements on database administrators to maintain databases, he said. There also are cost savings on the vendor's side with cloud.

    "The company gains economies of scale on the cloud," Olofson said. Instead of supporting eight or nine versions of the database going back many years, Oracle support teams can focus on well-defined systems that they control.

    An enterprise place in the cloud

    Oracle will continue to press a compelling enterprise case for Autonomous Database on the cloud, said Sash Sunkara, CEO and founder of RackWare, an Oracle partner and cloud migration platform provider.

    "We find databases are the central piece in cloud migrations -- databases need to move to cloud in a consistent way," she said in an interview before the conference.

    Sunkara agreed with general estimates that put AWS ahead in the cloud. But she cautioned that market numbers shouldn't be taken at face value.

    "If you are a small company and you don't want to build servers, Amazon is a great place," she said. "And from a pure 'numbers' perspective, Amazon has the lead. But if you take a harder look at where those numbers are coming from, you will find a lot of small companies and startups."

    As far as an enterprise footprint is concerned, Oracle is quite competitive, Sunkara indicated.



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    References :


    Box.net : https://app.box.com/s/qptwust8ngyexex9md2dcshi2j0zntp2
    zoho.com : https://docs.zoho.com/file/67jzb2dffd93f1892413d967e33b59ae87f38
    Calameo : http://en.calameo.com/books/004923526bb481f0437f2






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