SAS achieves record revenue of $2.87 billion in 2012, up 5.4 percent over 2011
SAS achieves record revenue of $2.87 billion in 2012, up 5.4 percent over
2011****
*Big data analytics drives breakthrough results for customers, revenue
milestone for SAS* ****
TORONTO, Jan. 24, 2013 /CNW/ - Business
analyticsleader SAS 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
Workplaceslist,
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. ****
SAS Canada achieved another successful year increasing new software revenue
by 11 per cent over 2011. In addition to strong financial results, the
company was recognized for its exceptional workplace culture, being ranked
No. 2 on The Great Place to Work Institute's Best Workplaces in
Canadalist.
SAS
Canada is celebrating a significant milestone this year: the
25thanniversary of the opening of its country office in
Canada, which reflects the company's ongoing strength in the Canadian
market and the increasing popularity of business analytics tools. To
support its ongoing growth, the company plans to invest in top talent by
increasing its workforce by more than 10 per cent across the country. ****
"SAS Canada is proud to be celebrating a quarter century of operations in
Canada. This milestone demonstrates our commitment and proven track record
in assisting our Canadian businesses and government customers achieve
success," said Carl Farrell, President of SAS Canada and Executive Vice
President of SAS Americas. "SAS Canada continues to be the analytics
provider of choice, which is reflected by our strong 11 per cent gain in
new software revenue. In 2013, we will continue to invest in our core
offerings across Analytics, Customer Intelligence, Fraud, Information
Management and Risk as companies coast to coast realize the benefits of
using business analytics to solve increasingly complex challenges. As well,
we will expand our expertise in Big Data technologies such as our
industry-leading High-Performance Analytics and Visual Analytics solutions,
which are making it possible for companies to gain valuable insight from
the deluge of data that is becoming increasingly challenging for many to
handle with traditional technologies" ****
In SAS' traditionally strong categories, such as analytics and business
intelligence, increases outpaced the overall market 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) 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
Carolinahelps
hospitals identify and intervene with patients most likely to be
readmitted. ****
- Singapore banking giant
DBSspares 350,000
customers yearly the hassle of empty ATMs by understanding
transaction patterns for each of its 1,350 ATMs. ****
- DSWknows
which shoes to stock in specific locations to avoid stock-outs and
markdowns, keeping customers satisfied and profits looking good. ****
- eBay'sDutch
operation uses predictive analytics to improve every aspect of the
user experience. ****
- The Hong Kong Efficiency
Unitturns 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. ****
- PSKWgrew
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'Aostaregion
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 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
organizationsunlock
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
devices," said SAS Senior Vice President and Chief Marketing Officer Jim
Davis. "Our value proposition has never been stronger." ****
1 "Forrester Research, Inc., The Forrester Wave™: Big Data Predictive
Analytics Solutions, Q1 2013." ****
*ABOUT SAS* ****
SAS is the leader in business
analyticssoftware 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®. ****
Celebrating its 25th Anniversary in 2013, the Canadian subsidiary of SAS
has been in operation since 1988. Headquartered in Toronto, SAS employs
more than 300 people across the country at its Vancouver, Calgary, Toronto,
Ottawa, Quebec City and Montréal offices. www.sas.com/canada ****
*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.* ****
* * ****
-----------------****
Chris Conrath****
Account Director ****
Environics Communications****
416.969.2716****
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