SAS Named a Leader in Business Performance Solutions
Company aims to grab more shares from USD 19.3 billion global business analytic software market
December 04, 2007
SAS, the leader in business intelligence and analytical software and services, has been named a leader in "The Forrester Wave(TM): Business Performance Solutions, Q4 2007" independent report from Forrester Research, Inc. published October 10, 2007. The company has also recently announced plans to provide deeper integration of SAS Analytics and Solutions within relational database engines in a move to target a larger share of the worldwide business analytic software market, which was valued at USD 19.3 billion in 2006 according to IDC reports.
Ranked by IDC as the second largest business analytics vendor in the world in terms of revenue - with global turnover of USD 1.9 billion in 2006 - SAS recognises the extensive growth opportunities in the EMEA region. Revenues from the region comprised 45 per cent of SAS's total worldwide income in 2006, as the EMEA market grew by 13 per cent in the same year. The exponential surge in data volumes has consequently motivated leading companies into making substantial investments in analytic solutions with regard to customer information, marketing, supply chain, financial risks and IT and operations, in an effort to gain advantage over competition. SAS intends to penetrate the burgeoning demand in the region through its highly successful packaged analytic and comprehensive enterprise intelligence platform whilst maintaining its dominance in the advanced analytics market.
"SAS now has a solid set of BPS offerings that are well integrated on its business intelligence platform, with particular depth in predictive analytic forecasting, cost and profitability management, and industry-specific solutions," wrote Paul D. Hamerman, Vice President at Forrester.
In a move to enable businesses to harness the value of increasing amounts of data and make fast and accurate decisions, SAS has announced plans to directly integrate SAS analytics, data integration capabilities and solutions into leading relational database management systems (RDBMS). The SAS® In-Database initiative will deliver improved accuracy, reduced data movement and more streamlined analytic processes to businesses with enterprise data warehouses to help speed the delivery of business intelligence throughout all levels of the organization. As a result, decision makers with faster access to analytical results will gain more insights into their businesses and make more agile and accurate decisions that comply with governance requirements.
Bill Hoggarth, Regional CEO, Africa Middle East, SAS, said, "The performance solutions that SAS provides to its clients enables them to fully utilise the power of the extensive information contained in their databases thereby aiding decision makers to make accurate and efficient business decisions. In an incredibly dynamic market such as the EMEA region where demands for intelligent business data management are soaring, SAS is giving businesses another way to be more efficient and effective by helping them balance and take advantage of their technology resources."
International research firm IDC forecasts a 10.3 per cent growth in the worldwide business analytic software market between 2007 and 2011 driven primarily by the current demand for improved performance management and compliance. Accordingly, SAS has outlined a business plan for the future wherein it aims to constantly offer the best business intelligence applications in the industry.
Since the company's establishment in 1976, SAS has lived up to its dedication of providing customers around the world with business intelligent software, which is being used at 43,000 sites to improve performance through insight from data, resulting in faster, more accurate business decisions; more profitable relationships with customers and suppliers; compliance with governmental regulations; research breakthroughs; and better products and processes. SAS is the only company of its kind, which offers leading data integration, storage, analytics and business intelligence applications within a comprehensive enterprise intelligence platform.
About SAS
SAS is the leader in business intelligence and analytical software and services. Customers at 43,000 sites use SAS software to improve performance through insight from data, resulting in faster, more accurate business decisions; more profitable relationships with customers and suppliers; compliance with governmental regulations; research breakthroughs; and better products and processes. Only SAS offers leading data integration, storage, analytics and business intelligence applications within a comprehensive enterprise intelligence platform. Since 1976, SAS has been giving customers around the world The Power to Know®.
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