Hackett: Wall Street Journal Business Technology Blog, "How to Cut Your Tech Budget 30%"

Business Wire, August 1, 2008

ATLANTA & LONDON -- Information-technology departments can cut their budgets by about 30% by honestly answering this question: Are we really that special?

One of the reasons businesses spend so much on IT is that they assume they need to do things they really don't, Erik Dorr, a researcher at the Hackett Group, tells the Business Technology Blog.

Click Here to Link to Full Text of Article or visit the following URL: http://blogs.wsj.com/biztech/2008/05/08/how-to-cut-your-tech-budget-30 /?mod=WSJBlog (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists).

A Hackett Research Insight providing more details on the findings described here is available, with registration, at the following URL: http://www.thehackettgroup.com/studies/ga/

More information on this study and other Hackett Research is also available at: http://www.thehackettgroup.com/about/alerts.jsp

About The Hackett Group

The Hackett Group, Inc. (NASDAQ: HCKT), a global strategic advisory firm, is a leader in best practice advisory, benchmarking, and transformation consulting services, including shared services, offshoring and outsourcing advice. Utilizing best practices and implementation insights from more than 4,000 benchmarking engagements, executives use Hackett's empirically based approach to quickly define and prioritize initiatives to enable world-class performance. Through its REL brand, Hackett offers working capital solutions focused on delivering significant cash flow improvements. Through its Hackett Technology Solutions group, Hackett offers business application consulting services that helps maximize returns on IT investments. Hackett has worked with 2,700 major corporations and government agencies, including 97% of the Dow Jones Industrials, 73% of the Fortune 100, 73% of the DAX 30 and 45% of the FTSE 100.

Founded in 1991, The Hackett Group was acquired by Answerthink, which was renamed The Hackett Group in 2008. The Hackett Group has global offices in the United States, Europe and India.

More information on The Hackett Group is available: by phone at (770) 225-7300; by e-mail at info@thehackettgroup.com; or on the Web at www.thehackettgroup.com.