SAS ranks No. 1 for smart grid analytics and data management
SAS enables organisations in the utility industry to harness data for pinpoint control and monitoring, usage and demand forecasting
Mumbai, India (May 28, 2013) – SAS, the leader in business analytics software and services, has been ranked No. 1 for smart grid analytics and data management in the recently released utility industry report by GTM Research titled, 'The Soft Grid 2013-2020: Big Data & Utility Analytics for the Smart Grid'. According to the report, SAS data analytics software lets utilities track, visualise and predict demand.
In addition to trends and predictions for the soft grid, the report forecasts that cumulative global spending on smart-grid-related analytics will top $20.6 billion between 2012 and 2020, with annual spend reaching $3.8 billion globally in 2020.
SAS for Utilities enables companies to create intelligence from disparate data sources and deliver information for effective decision making across the enterprise. Energy and utility leaders around the world rely on the power of SAS to deliver the analysis, forecasts, and energy trading and risk management systems to effectively work the supply-demand equations that dominate their business while complying with regulatory demands for increasing utility interaction with customers.
"This is a transformational time for the utilities industry. Leaders are successfully analysing a wealth of big data they produce to realise the efficiencies and savings of a more intelligent grid," said Tim Fairchild, SAS Global Utilities Practice Director. "Powerful SAS Analytics, coupled with the innovation and leadership of SAS' utilities customers, is helping make smart grid a reality," he further added.
SAS, in India, has been closely working with various organisations in the utilities segment. This includes Reliance Energy and BSES. SAS enables organisations across geographies in increasing load forecasting accuracy and enhancing customer satisfaction indices. Organisations across the utilities sector in India are realising the smart grid vision by using SAS® Analytics and SAS Data Management to discover powerful insights buried in volumes of new data.
Commenting on this accomplishment, Sudipta K. Sen, Regional Director – South East Asia, CEO & Managing Director - SAS Institute (India) said, "We are proud to be recognised as global leaders in smart grid analytics solutions. As organisations in the utilities industry are moving towards the promising realm of business analytics, SAS High-Performance Analytics solution for the Smart Grid continues to empower businesses in transforming huge volumes of data into valuable insights."
SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 65,000 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®. SAS has been in India since 1997. SAS India operations are headquartered in Mumbai with regional offices in Bangalore, New Delhi and Pune. SAS works with organisations across Industries and offers them Analytics & Business Intelligence to fuel innovation and meet their business objectives. Year on year SAS has been leading the Advanced Analytics market in India with majority market share. It has also been awarded as one of the best places to work for by the Great Places to Work institute. Information on SAS India operations can be found at www.sas.com/india
SAS is the leader in business analytics software 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®.
The Power to Know®®