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| [January 24, 2013] |
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SAS Achieves Record Revenue of $2.87 Billion in 2012, up 5.4 Percent over 2011
CARY, N.C. --(Business Wire)--
Business
analytics leader SAS (News - Alert) achieved record global revenue of US$2.87
billion in 2012. Dubbed big
data analytics "powerhouse" by an independent research firm,1
SAS spent 2012 as it has the previous 36 profitable years: helping
customers make precise, proactive, breakthrough decisions.
"In 2012, many companies began to rethink conventional ways of doing
business when they realized big data analytics could deliver results
almost instantaneously," said SAS CEO Jim Goodnight. "When
high-performance analytics can solve the world's toughest business
problems thousands of times faster, there's no limit to what
organizations can achieve."
SAS' 2012 predictive analytics offerings have momentum across industries
and customer segments. SAS® Visual Analytics, particularly
well received and lauded by analysts in July,
August
and earlier
this month, is a new way to explore large amounts of data in an
instant.
2012 was also a banner year for workplace culture recognition. Great
Place to Work® named SAS No. 1 on its World's
Best Multinational Workplaces list, capping a year in which SAS
Belgium and SAS Sweden were also No. 1 on their countries' Best
Companies to Work For lists. SAS, which has been ranked as one of
Fortune's Best Companies to Work For in the US every year since the
list's 1998 inception, was a top workplace in 17 other countries.
"The link is solid between SAS' financial performance and treating
employees and customers well," Goodnight said. "When people feel
trusted, the results are phenomenal. It's reflected in our commitment to
innovation. It's deeply gratifying that we've created a great place to
work, not just in the United States, but also worldwide."
Demonstrating steadfast commitment to innovation and customer service,
SAS reinvested 25 percent of 2012 revenue into research and development.
Altogether, SAS increased its workforce by 7 percent, ending 2012 with
13,442 employees worldwide.
INCREASES ACROSS REGIONS, CATEGORIES
Revenue grew worldwide despite continuing economic uncertainty in some
regions. The Americas generated 47 percent of SAS' total revenue;
Europe, Middle East and Africa (EMEA) 41 percent; and Asia Pacific 12
percent.
In SAS' traditionally strong categories, such as analytics and business
intelligence, increases outpaced the overall growth rate. Customer
intelligence, fraud detection, risk management, and supply chain posted
double-digit growth. SAS Solutions OnDemand revenue jumped 15 percent,
indicating customers' trust in software-as-a-service (SaaS (News - Alert)) and
enterprise hosting solutions from SAS. Revenue in the communications,
education, energy and utilities, financial services, health care,
hospitality and travel, life sciences, manufacturing, public security
and retail industries all grew.
SAS® ANALYTICS DELIVERS RESULTS
SAS helps organizations everywhere harness data to provide insights that
improve lives and business results. For example:
-
Bank
of America's Corporate Investment Group reduced the time required
to process risk models, loan scores and loss forecasts, allowing more
time to pursue new growth opportunities.
-
Blue
Cross and Blue Shield of North Carolina helps hospitals identify
and intervene with patients most likely to be readmitted.
-
Singapore banking giant DBS
spares 350,000 customers yearly the hassle of empty ATMs by
understanding transaction patterns for each of its 1,350 ATMs.
-
DSW
knows which shoes to stock in specific locations to avoid stock-outs
and markdowns, keeping customers satisfied and profits looking good.
-
eBay's
Dutch operation uses predictive analytics to improve every aspect of
the user experience.
-
The Hong
Kong Efficiency Unit turns complaints into smart strategies that
boost public satisfaction and improve citizens' quality of life.
-
HP
turns 2.5 billion customer transactions into insights that produce 20
percent incremental ROI across marketing campaigns.
-
The Orlando
Magic rivals the highest earners in the National Basketball
Association, despite its smaller market.
-
PSKW
grew 140 percent three years running by being the only pharmaceutical
marketer to analyze how coupons affect prescribing rates, helping
branded drugs maintain market share against generic rivals.
-
T-Mobile
reduced churn by strengthening ties with influencers.
-
Leaders in Italy's Valle
d'Aosta region make more informed decisions about public finances.
-
West
Midlands Police - the UK's second-largest force - proved that
cleaner data equals less crime.
ACQUISITION BRINGS ADVANCED ANALYTICS TO DIGITAL ADVERTISING
SAS acquires companies to enhance its offerings. In 2012, SAS
acquired aiMatch's cloud-based ad server technology that helps
publishers sell and manage online ad inventory. SAS' advanced analytics
combined with aiMatch's technology lets publishers manage, forecast,
optimize and measure ad inventory to maximize ad revenue.
PARTNERING YIELDS RESULTS
SAS continues to share its analytics expertise with partners globally.
Teaming with leaders like Accenture, Capgemini, Deloitte, EMC Greenplum,
IBM (News - Alert) and Teradata, SAS provides superior analytics to customers including eBay, Centers
for Medicare/Medicaid Services, Cardinal
Health, Australia's Medibank,
UK tax authority HM
Revenue & Customs, and India's Maharashtra
Tax Department.
OUTLOOK
SAS Visual Analytics quickly found traction after its March 2012 launch
and will remain a focus in 2013. The big data visualization tool was
hailed by analysts as customers embraced the value of easy, self-service
data exploration. Creditreform, Cosmos Bank, Hong Kong Efficiency Unit,
the Internal Revenue Service, SM Marketing Convergence, XL Group and
others use SAS Visual Analytics to derive insight from their data.
SAS expects the demand for business insight from big data to increase
through 2013. SAS High-Performance Analytics Server combines the speed
of large scale in-memory software with the industry's most trusted
advanced predictive analytics, offering near-real-time data mining,
optimization, text mining and other features.
SAS will continue to emphasize industry-specific solutions, which are
built on SAS' strong foundation of analytics and information management
technologies. They help
organizations unlock value and make better, faster business
decisions.
"Dramatic reductions in processing times have bolstered new offerings
such as visual analytics and high-performance applications for business.
We're also designing and distributing these innovations on iPads and
Android (News - Alert) devices," said SAS Senior Vice President and Chief Marketing
Officer Jim Davis. "Our value proposition has never been stronger."
1 "Forrester (News - Alert) Research, Inc., The Forrester Wave™:
Big Data Predictive Analytics Solutions, Q1 2013."
ABOUT SAS
SAS is the leader in business
analytics software and services, and the largest independent vendor
in the business intelligence market. Through innovative solutions, SAS
helps customers at more than 60,000 sites improve performance and
deliver value by making better decisions faster. Since 1976 SAS has been
giving customers around the world THE POWER TO KNOW®. SAS
and all other SAS Institute Inc. product or service names are registered
trademarks or trademarks of SAS Institute Inc. in the USA and other
countries. ® indicates USA registration. Other brand and product names
are trademarks of their respective companies. Copyright © 2013
SAS Institute Inc. All rights reserved.

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