Winter Simulation Conference
Feb. 19-20, 2015
Data Analytics for Action & Impact:Transforming Data to Goal-Driven Insight for the Data-Rich yet Information-Poor
Special ArticlesPresent a talk or poster at premier analytics conference
The 2015 INFORMS Conference on Business Analytics and O.R. seeks proposals for talks and posters. Selected presenters may register for the meeting at a discounted fee of up to 35 percent off regular rates. The prestigious conference will be held April 12-14, 2015, in Huntington Beach, Calif.Read More
Analytics Section of INFORMS NewsStudent Analytical Scholar Case Study Competition
INFORMS will once again offer the SAS/INFORMS Analytics Section Student Analytical Scholar Competition, a scholarship program that will send the winning recipient to the 2015 INFORMS Conference on Business Analytics and Operations Research. Supported by SAS and sponsored by the Analytics Section of INFORMS, the competitive program will recognize one outstanding student who would like to learn more about the practice of analytics at the conference in Huntington Beach, Calif., on April 12-14, 2015. The scholarship covers the cost of attending the event and additional networking opportunities.Read More
Analytics Section of INFORMS NewsAnalytics Section continues to grow, hosts lively reception
The Analytics Section of INFORMS has continued to develop in 2014, both increasing the membership base and expanding its scope of activities, all of which were reviewed at a lively reception and business meeting at the 2014 INFORMS Annual Conference in San Francisco earlier this month.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."