The Hackett Group Reports Highlights Major Gains From AI-Driven Procurement Outsourcing

The Hackett Group Inc. (NASDAQ:HCKT) is one of the best IT stocks to buy according to analysts. On June 25, The Hackett Group released its latest Digital World Class Matrix focusing on the procurement outsourcing services marketplace.

This report highlights gains from AI-driven procurement outsourcing, as service providers use new capabilities and advanced technologies to help clients navigate an increasingly volatile and complex global business environment.

The Hackett Group Reports Highlights Major Gains From AI-Driven Procurement Outsourcing

A close-up of a software programmer typing rapidly at a large monitor.

Procurement organizations are currently facing internal and external pressures, such as increasing workloads, evolving global compliance requirements, governmental policy uncertainty, and rising expectations from business stakeholders. These challenges, together with the rapid emergence of generative and agentic AI solutions, necessitate a critical re-evaluation of procurement operating models, strategic partners, and service placement options.

The Hackett Group Inc. (NASDAQ:HCKT) operates as an intellectual property platform-based GenAI consulting and executive advisory digital transformation company internationally.

While we acknowledge the potential of HCKT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.