The Hackett Group, Inc. (NASDAQ: HCKT) has announced its acquisition of LeewayHertz, a renowned provider of advanced Gen AI solutions. This strategic move strengthens The Hackett Group’s position in guiding clients through their generative AI journey.
The acquisition further highlights India’s growing prominence in the global AI landscape. LeewayHertz’s CEO Akash Takyar will now be the CEO of this new joint venture. This partnership aims to provide highly customized AI solutions to clients, fueling The Hackett Group’s growth strategy.
The joint venture, ZBrain, will seek additional strategic funding after initial backing from The Hackett Group. Akash Takyar will serve as CEO of ZBrain while leading The Hackett Group’s Gen AI Implementation group. This move positions the company to create new shareholder value by expanding its AI capabilities.
The Hackett Group’s acquisition of LeewayHertz brings together two cutting-edge AI platforms, AI XPLR and ZBrain, to revolutionize enterprise AI deployment. AI XPLR version 2, The Hackett Group’s proprietary platform, allows organizations to design and simulate AI solutions with enhanced feasibility and ROI evaluation tools. When integrated with LeewayHertz’s ZBrain, an advanced Gen AI orchestration platform, this combination will enable businesses to accelerate their AI initiatives from ideation to full-scale deployment.
This will enable clients to accelerate AI-driven innovation, from ideation to implementation, as part of their digital transformation initiatives. Ted A. Fernandez, Chairman & CEO of The Hackett Group, highlighted that the acquisition will significantly enhance their AI implementation capabilities, differentiating their offerings and empowering clients to unlock greater innovation, improved customer experiences, and enhanced productivity with AI-powered solutions.
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