SAS Sees 105% Growth in AI Revenue, per Analyst Report

While the overall artificial intelligence (AI) market saw steady growth last year, SAS experienced growth at a rate nearly four times faster than the overall market, at 104.6% according to the IDC report, Worldwide Artificial Intelligence Software Platforms Market Shares, 2018: Steady Growth — Moving Toward Production1. SAS ranked second overall in 2018 in the AI software platforms category.



“SAS had impressive growth in the artificial intelligence market, no doubt as a result of its leadership in analytics,” said David Schubmehl, Research Director, Cognitive/Artificial Intelligence Systems at IDC. “As organizations move from experimentation to production in AI to solve their business problems, many are looking for a trusted vendor that offers analytics expertise and domain knowledge. SAS’ embedded AI capabilities and integration with open source technologies allows organizations to take advantage of the technology to automate processes, without the heavy lifting of training AI models.”

To continue fostering innovation and progress in an expanding market, SAS has committed to invest $1 billion in AI over the next three years. The $1 billion investment focuses on three main areas:

1. research and development (R&D) innovation to continue to build on the success of SAS’ global AI efforts


2. education initiatives addressing customer and partner needs to better understand and benefit from AI


3. expert services to optimize customer return on AI projects.

Devoting 26% of its overall revenue to R&D, SAS reinvests more than twice the average for major technology firms.

“AI has been an integral part of SAS software for years,” said Jim Goodnight, CEO of SAS. “Today we continue to move beyond the hype to make AI real for our customers, building on our strong foundation in advanced analytics. From machine learning, deep learning, computer vision and natural language processing to forecasting and optimization, SAS helps customers in many industries benefit from AI technologies and the intelligence they create.”

Customers using AI from SAS include Lockheed Martin, Royal Bank of Scotland and Honda. Learn more about how SAS delivers AI, empowering organizations to make more intelligent and automated business decisions. One of the key technologies for doing this is SAS® Viya®, transparent, interpretable technology that helps users at all skill levels automate complex tasks to build world-class analytical models.

“SAS is today leveraging AI to help governments become more citizen centric, combat fraud in financial services, identify quality issues in manufacturing & even protect wildlife,” said Noshin Kagalwalla, VP & MD, SAS India. “The potential is enormous and as AI gains popularity in India, we are passionately working with our customers to enhance human ingenuity with our AI solutions and take their experimental AI initiatives out of the labs and make it work in the real world.”

¹ IDC #US45262419, Worldwide Artificial Intelligence Software Platforms Market Shares, 2018: Steady Growth — Moving Toward Production, David Schubmehl, June 2019 

About SAS

SAS is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you 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 © 2019 SAS Institute Inc. All rights reserved.

SAS India Recognised as One of the Best Workplaces in 2019

SAS India, the leader in business analytics software and services, announced today that it has been featured among India’s Top 50 Great Mid-size Workplaces-2019. SAS, a perennial on best workplace lists globally, has once again secured recognition among national workplaces. This was SAS India’s tenth time being nominated for the honors, where SAS India has featured in the overall list of companies, representing the value of the organization's culture, leadership vision and employee well-being.

The study conducted by Great Place to Work® Institute India in association with BW BusinessWorld ranked mid-size companies on creating a “High-Trust, High-Performance Culture”. This year more than 61,000 employees across 300 organizations with employee strength less than 500, spanning more than 20 industries went through the rigorous evaluation process to compete for honors in India's most coveted and largest workplace study to be recognized amongst the Top 50 Indian Great Mid-size Workplaces 2019.

"It is a great honor to receive this recognition consistently and is indeed a strong testament to our culture of innovation and creativity. At SAS, we believe in fostering our core values across the length and breadth of our organization. Our values of being Curious, Passionate, Authentic and Accountable are at the heart of our ethos and influences our employees to create something new, purposeful and lasting. I am proud of the work we do and the fact that our technology impacts crucial decisions everyday not only in India but also globally and it is our culture that has allowed us to do this passionately,” said Noshin Kagalwalla, VP & Managing Director, SAS India.

"We are humbled to receive this honor. At SAS it is our mission to enable our employees to thrive in today’s hyper-competitive world and we do that by offering them a culture that is based on collaboration and empowerment. We strive to improve every day and create an environment where employees give their best and exceed the expectations from our customers. This orientation helps us to create a unique identity for ourselves and further build our value proposition as an employer of choice. Being nominated year-on-year is a testimony to our unique work culture and our commitment towards our employees,” said Srinivas Rao, Director - Human Resources for SAS India.

The company's commitment to work / life balance has existed since it was formed more than 40 years ago and has also earned honors as an attractive workplace for millennials, women and graduates.

The organisation takes several initiatives to engage and build an employee friendly organization. The Global Employee Assistance Program, Enhanced Physical Fitness Program, Learning and Career Development Initiatives, Enhanced Maternity and Paternity Policy are some of the many initiatives that make SAS one of India's Best Workplaces. SAS well-structured programme with good balance of remuneration, benefits and rewards has been an added advantage in today's competitive market, ensuring sustainability in the future.