2015 INFORMS Conference on Business Analytics and Operations Research
Huntington Beach, Calif.
CORS - INFORMS Joint International Meeting
Le Centre Sheraton, Montreal
INFORMS Healthcare 2015
Feb. 19-20, 2015
Data Analytics for Action & Impact:Transforming Data to Goal-Driven Insight for the Data-Rich yet Information-Poor
2015 Analytics Applications Summit
Harrisburg University of Science and Technology, Harrisburg, Pa. (Free event)
Special ArticlesEva Lee selected to National Preparedness & Response Science Board
Eva K. Lee, Ph.D., a professor in the School of Industrial and Systems Engineering at the Georgia Institute of Technology, was recently selected to serve a three-year term as one of the 13 members of the National Preparedness & Response Science Board (NPRSB), providing advice to the Office of the Assistant Secretary of Preparedness and Response, the U.S. Department of Health and Human Services (HHS) and to the White House.Read More
Analytics Section of INFORMS NewsINFORMS Healthcare Conference seeks abstract
The Analytics Section will sponsor an invited session cluster at the INFORMS Healthcare Conference in Nashville, Tenn., July 29-31. The Section welcomes abstracts on topics related to analytics applications in healthcare including operations management, medical decision-making, big data, data mining and health analytics to name a few.Read More
Analytics Section of INFORMS NewsCall for volunteers: Contribute to the success of the Analytics Section
The Analytics Section of INFORMS has received several messages from Section members who would like to volunteer their time, but there are still opportunities for you to participate! Based on the member survey taken in September, we were delighted to find a significant number of respondents offering to volunteer some of their time to help us move our agenda forward.Read More
SAS achieves double-digit growth built on high demand for business analytics
SAS, the leader in business analytics software and services, achieved record global revenue of US$2.725 billion in 2011. SAS marked double-digit growth in its 36th profitable year as organizations sought to uncover business opportunity in their own burgeoning data stores through the use of advanced analytics.
"Companies trust SAS® Business Analytics to solve their toughest problems, from increasing revenue through better pricing strategies to stopping fraud-related losses," said SAS CEO Jim Goodnight. "Every major industry has SAS success stories worth noting. We thrive on the challenges customers bring us. It's why we exist. We take our role in their success seriously."
Goodnight said 2011 results also affirm the positive effects of steadfast investments in SAS' workforce and award-winning corporate culture despite an economic climate that remains difficult. SAS, a perennial presence on FORTUNE's Best Companies to Work For list in the U.S., announced its latest No. 3 ranking. Innovation, Goodnight said, starts with prioritizing employees.
"Innovation is what has kept SAS growing for the past 36 years," Goodnight said. "We can't succeed without innovation, new products, ideas and services. Loyal, creative, healthy employees are innovative."
In 2011, SAS grew staff 9.2 percent and reinvested 24 percent of revenue into research and development. The Americas accounted for 46 percent of total revenue; Europe, Middle East and Africa (EMEA) 42 percent; and Asia Pacific 12 percent. SAS growth was strong across the board in all major regions and countries, even in regions hardest hit economically.
SAS records across-the-board increases
Revenue surged across all solution and industry categories. Software to detect fraud saw a triple-digit jump. Revenue from on-demand solutions grew almost 50 percent. Growth from analytics and information management solutions were double digit, as were gains from customer intelligence, retail, risk and supply chain solutions.
SAS experienced growth in every industry, demonstrating that more businesses recognize the benefits of analytics. Highlights include continued strong growth in financial services and double-digit increases in government, health care and life sciences.
According to one estimate, global information is doubling every two years, and the data created last year exceeded 1.8 trillion gigabytes. Another predicts that by 2020, data will grow by 50 times. "The search for business value in big data is today's gold rush," said SAS Senior Vice President and Chief Marketing Officer Jim Davis. "Big data is interesting to the extent that you can make sense of it all, and the tool for that is analytics. Big data analytics, rather than just big data, provides real value and insight."