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SAS expects 100% growth in current fiscal - Sept 23, 2005

Leading business intelligence solution provider SAS expects 100 per cent growth in India in the current financial year with a major chunk from the business and financial sector.

SAS India Managing Director Sudipta Sen told UNI here that the company would concentrate on the Business Intelligence (BI) software market, which was growing at a rate of 35 per cent in the country.

''We continue to concentrate on business and financial sector, which provide 30 per cent of our revenue globally. And in India, we have a major market share and the sector provides more than 50 per cent of our revenue.'' SAS India is a wholly owned subsidiary of SAS Institute Inc, a leading business intelligence and analytics provider with global revenue of $ 1.53 billion.

''We are also planning to increase the headcount. The employee strength stands at 225 now and we will be doubling the headcount soon,'' Sen said.
SAS India leads the Enterprise Intelligence Platform market in India. The company is providing BI solutions to 140 business groups in the country, including Standard Chartered Bank, GE Capital, Citibank NA, Hindustan Lever Ltd., Pfizer, HDFC Bank, Reserve Bank of India and ICICI Bank.

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