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Bi leader SAS registers impressive growth
India is the fastest growing market in Asia Pacific, recording triple digit growth in 2005 Continuing with its leadership position in the Business Intelligence market, SAS today announced that Industry specific solution strategy, backed by increased demand for SAS® Enterprise Intelligence platform, led to record sales in 2005. Its total revenue grew by 10%, from $1.53 billion to $1.68 billion, marking 29 consecutive years of revenue growth and profitability. Speaking on the eve of its 30th anniversary, CEO Jim Goodnight said, “Our customers rely on the SAS®9 Enterprise Intelligence Platform to grow profits and improve customer satisfaction,” With demand for SAS technologies, solutions, and industry expertise never greater, we’re better positioned than ever to meet it.” Commenting on the strong growth in India, CEO & MD Sudipta Sen said, “We have been at the forefront of defining the BI market in India, the strong growth in demand for our Industry specific solution and triple digit growth in revenues reflects the commitment and strong focus of SAS in the Indian market. He also added, “We will continue to drive our leadership with our Industry specific intelligence solution and primarily focus on Financial Intelligence, Customer Intelligence, Risk Intelligence and other cross domain solutions to achieve our targets.” SAS’ revenue showed global balance: with 46% revenues coming from Americas, 44% from Europe/Middle East/Africa (EMEA), and 10% from Asia Pacific. Asia Pacific (including Japan) grew by15%, led by strong growth in Korea (28%), China (60%), and India, where revenues more than doubled. Overall 10% growth in EMEA was sparked by increases in well-established markets including South Africa (33%), Norway (32%), Spain (31%), Austria (26%), Poland (21%) and Germany (15%). Latin America and the Caribbean grew 42%, highlighted by 86% growth in Mexico and 22% in Brazil. Globally, from an industry perspective, solutions for banking continued to lead, growing 10% and generating 28% of industry-specific revenue. Retail was up 20%, education 16%, insurance 12% and government 11%. Global demand for better intelligence in financial management, HR, IT, marketing automation, risk, and supply chain also drove cross-industry solutions sales in 2005. New SAS customers in 2005 in Asia Pacific included: ICICI Bank, Bangko Sentral Ng Philipina, Bank of East Asia, Bumiputra Commerce Bank, CCB Helongjiang Branch, Centrelink, China Trust Commercial Bank, Citibank Singapore, GlaxoSmithKline, Guangzhou Mobile, Hana Bank, Hanaro Bank, ICFAI Business School, Korea Exchange Bank, Korea Telecom, LG Card, LG Electronics, Livzon Pharmaceutical Group Inc, Lotte.com, Maxis Communications, Medicare Australia, Ministry of ICT Thailand, NETS Singapore Pte Ltd, OCBC, People’s Association, Poongsan, Posco, Public Bank Berhad, Resorts World Berhad, St George’s Bank, Samsung Life Insurance, Seoul University Bandung Hospital, Severance Hospital, Shinhan Bank, SK Telecom, Total Access Communication, Tsinghua University Virgin Money, Woori Bank, Yuchengco Group of Companies, University of New South Wales More than 3,400 current SAS customers, recognizing the value of their SAS investment, licensed additional software in 2005. SAS’ new global Business Intelligence Competency Center program will help customers make the most their BI investments by building cohesive strategies. SAS’ Market Position in BI Several 2005 reports by influential industry analysts recognized SAS’ leadership. Specifically, Gartner, Inc. positioned SAS in its Leaders Quadrant in “Magic Quadrant for Business Intelligence Platforms, 1Q06.” Leaders demonstrate breadth and depth of BI platform capabilities and deliver on enterprisewide implementations that support broad BI strategies 26%.1 SAS was also in the leaders quadrant in Gartner’s magic quadrant for Basel II Risk Management Application software.2 SAS was ranked the BI leader in CIO Insight’s 2005 Vendor Value Survey, where 884 IT executives identified top vendors for delivering value and reliability. (Read more awards and rankings.) Trends and outlook for 2006 “In Asia Pacific, SAS expects to see the trend for strong growth performance continue in 2006, especially in India and China, as more organizations take on fact-based decision making”, said Phillip Beniac Vice President, SAS Asia Pacific, “0ur focus for 2006 is to deliver to customers the value of our 30 year investment in the SAS®9 Enterprise Intelligence Platform, which includes data integration, storage, analytics and business intelligence.” About SAS India SAS has been in India since 1997 and currently has two wholly owned subsidiaries in the country: SAS India and SAS Global Services (SGS). With a team of more than 200 technology and domain experts, SAS India operations are headquartered in Mumbai with regional offices in Bangalore, New Delhi and Pune. Its strong customer base in India, with more than 180 installations, includes such companies as Citibank N.A., GE Capital, GlaxoSmithKline, ICICI Bank, Hindustan Lever Ltd., Novartis, Reserve Bank of India Pfizer and Standard Chartered Bank, among others. About SAS SAS is the market leader in providing a new generation of business intelligence software and services that create true enterprise intelligence. SAS solutions are used at about 40,000 sites -- including 96 of the top 100 companies on the FORTUNE Global 500® -- to develop more profitable relationships with customers and suppliers; to enable better, more accurate and informed decisions; and to drive organizations forward. SAS is the only vendor that completely integrates leading data warehousing, analytics and traditional BI applications to create intelligence from massive amounts of data. For nearly three decades, SAS has been giving customers around the world The Power to Know®. Visit us at http://www.sas.com/ |
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