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Answerthink Receives Prestigious InfoWorld 100 Award.


Business Editors/High-Tech Writers

MIAMI--(BUSINESS WIRE)--Nov. 13, 2003

Award Recognizes Best Practices Implementation Knowledge

Repository (1) A database of information about applications software that includes author, data elements, inputs, processes, outputs and interrelationships. A repository is used in a CASE or application development system in order to identify objects and business rules for reuse. , Which Enables Answerthink Consultants to

Leverage Hackett Best Practices

Answerthink, Inc. (Nasdaq:ANSR ANSR Autonomous Naval Support Round
ANSR Adaptive Network Solutions Research, Inc.
ANSR Advanced Neutron Source Reactor
ANSR Active No Swashplate Rotor (Army) 
) announced today that it has been named a winner of a prestigious 2003 InfoWorld 100 award for its breakthrough Best Practices Implementation (BPI (Bits Per Inch) The measurement of the number of bits stored in one linear inch of a track (storage channel) on a disk or tape. Bit density on magnetic disks has reached 800,000 bpi (800 Kbpi). See tpi, areal density and magnetic disk.

BPI - bits per inch
) knowledge repository. The annual awards honor companies that demonstrate the most creative use of cutting-edge technologies to further their business goals.

Answerthink is a leading business and technology consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 that enables companies to achieve world-class business performance. The Hackett Group, an Answerthink company, is a business advisory firm, and a world leader in best practices research and process benchmarking, helping clients achieve world-class performance through continuous improvement initiatives.

Answerthink's BPI is an interactive database containing tools and analysis that enables consultants to leverage proven best practices from the renowned database of The Hackett Group as part of their technology implementations. BPI provides Answerthink consultants with the information, analysis, and tools they need to directly correlate proven best practices to configuration decisions in leading applications from Hyperion, Lawson, Oracle, PeopleSoft, SAP, Siebel, and others. Through the use of BPI, Answerthink can help companies enhance business performance and return on investment from a wide range of enterprise-wide technology solutions such as business applications, portals, data warehouses, and knowledge management systems.

The InfoWorld 100 exemplifies the best of IT. The recipients of InfoWorld's annual awards are putting the latest enterprise technology to use and achieving great success. Chosen and ranked by InfoWorld's senior editors, these 100 organizations represent 2002's greatest achievements in companies spanning 11 industries. The InfoWorld 100 was chosen based on their ability to leverage the latest technology to bolster This article is about the pillow called a bolster. For other meanings of the word "bolster", see bolster (disambiguation).

A bolster (etymology: Middle English, derived from Old English, and before that the Germanic word bulgstraz
 business efforts, maximize return on investment, streamline business processes, reduce costs, save resources, improve customer service, and create new streams of revenue. Full details on the 2003 InfoWorld 100 awards are available at http://www.infoworld.com/565.

"BPI enables Answerthink to offer clients a truly unique value proposition," said Answerthink President Allan Frank. "In a highly competitive consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 marketplace, Answerthink can drive technology implementation efforts from the world's leading repository of proven best practices research. BPI helps Answerthink offer clients improved implementation times and return on investment that are simply not attainable through other means.

"We're exceptionally proud to receive this recognition from InfoWorld," said Mr. Frank. "We've made a tremendous investment in BPI over the past two years, dedicating more than 30,000 hours of staff time to develop and populate To plug in chips or components into a printed circuit board. A fully populated board is one that contains all the devices it can hold.  the knowledge repository. But it has more than paid off, through the clients its helped us win, the successful implementations we've been able to complete, and the business partners that have come to us specifically because they see the value BPI offers."

To develop the BPI knowledge repository, Answerthink called on the skills of more than 100 business and technology subject matter experts to evaluate each of the leading business applications against Hackett's knowledge base and conducted extensive fit/gap analyses assessing their ability to support best practices. The BPI repository currently contains detailed information on more than 500 best practices for 50 key process areas in finance, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , information technology, procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , and CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. .

For each process, the repository offers consultants an analysis of how well individual software packages support relevant best practices, along with an evaluation of benefits, implementation risks, and key technology enablers relative to each best practice decision/software combination. In addition, the BPI repository contains details on "observed" best practices derived from Answerthink's extensive business transformation and technology implementation experience.

The BPI knowledge repository also contains process-specific toolsets, including current state questionnaires and best practice process flows, as well as application product specific configuration guides and fit/gap requirements matrices.

About Answerthink

Answerthink, Inc. (http://www.answerthink.com) is a leading business and technology consulting firm that enables companies to achieve world-class business performance. By leveraging the comprehensive database of The Hackett Group, the world's leading repository of enterprise best practice metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM.  and business process knowledge, Answerthink's business and technology solutions help clients significantly improve performance and maximize returns on technology investments. Answerthink's capabilities include benchmarking, business transformation, business applications, business intelligence, and offshore application maintenance and support. Founded in 1997, Answerthink has offices in 9 cities throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and in Europe.

About The Hackett Group

The Hackett Group (http://www.thehackettgroup.com), an Answerthink company, is a business advisory firm providing empirically based advice and best-practices research to executives seeking to drive world-class performance in areas such as finance, IT, human resources, and procurement. Hackett's functional and process-specific benchmarks and its confidential, on-demand, membership-based advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 are backed by an ongoing database of best practices in processes, technology, and organization in use at over 2,200 clients around the globe. This unparalleled information repository An information repository is an easy to deploy secondary tier of data storage that can comprise multiple, networked data storage technologies running on diverse operating systems, where data that no longer needs to be in primary storage is protected, classified according to captured  allows Hackett business advisors to provide data, advice, and strategic insight with a level of integrity and authority available nowhere else. As of this writing, Hackett clients comprise 97 percent of the Dow Jones Dow Jones

the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]

See : Finance
 Industrials, 81 percent of the Fortune 100 and 90 percent of the Dow Jones Global Titans The Dow Jones Global Titans 50 Index was created to reflect the globalization of international blue chip securities in the wake of mergers and the creation of mega-corporations.  Index.

About InfoWorld Media Group

For 25 years, InfoWorld Media Group has provided cutting-edge coverage and evaluation of IT products and services for technology experts in senior management. Through integrated channels including print, online, events and demand generation, InfoWorld reaches the most influential senior-level information technologists -- those who drive their enterprises' strategies and technology purchases. Powered by a continued investment in an independent Test Center, InfoWorld analysts and editors provide both hands-on analysis and evaluation, as well as expert commentary on issues surrounding emerging technologies and products. Visit InfoWorld at http://www.infoworld.com.

Certain statements in this press release are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 and involve known and unknown risks, uncertainties and other factors that may cause the Company'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 the ability of the Company to attract additional business, changes in expectations regarding the information technology industry, the ability of the Company to attract skilled employees, possible changes in collections of accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying , risks of competition, price and margin trends, changes in general economic conditions and interest rates as well as other risks detailed in the Company's reports filed with the Securities and Exchange Commission.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:Business Wire
Geographic Code:1USA
Date:Nov 13, 2003
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