|
SINGAPORE (Feb. 5, 2009)
– Business analytics
leader SAS continued its
unbroken chain of growth
in 2008, logging global
revenue of US$2.26
billion, up 5.1 percent
over 2007 results.
“We achieved our
33rd-year of revenue
growth in the worst
economy most can
remember,” said CEO Jim
Goodnight. “This growth
is a direct result of
being a stable,
privately held company,
which allows us to
invest in long-term
relationships with
employees and
customers.”
SAS’ strongest growth
was in analytics, data
mining and solutions
that help organizations
keep current customers
and win new ones, manage
risk and optimize
processes. Goodnight
said, “In tough times
companies focus on
optimizing their
businesses.”
SAS Asia Pacific
recorded 8.5% growth in
2008 from 2007 and
despite the economic
downturn that impacted
the region, 363 new
customers signed up to
SAS, with many deals in
excess of US$1million.
“SAS continued to see
strong growth from the
Banking and Financial
Services Industry (BFSI)
and even stronger growth
from the Public Sector,”
said Bill Lee, Managing
Director, Singapore &
Emerging Markets, SAS.
“Our successful strategy
continues to be based on
listening to our
customers, exceeding
delivery and ROI
expectations"
Henry Morris, Senior
Vice President,
Worldwide Software and
Service Research at IDC,
said, "IDC surveys of
business intelligence
software buyers during
2008 show that a
vendor's economic
viability is gaining in
priority as a factor in
software selection. SAS'
long-term record of
continued year-over-year
growth positions it
favorably, therefore, in
this economic downturn."
ORGANIZATIONS PARTNER
WITH SAS TO MANAGE TOP
AND BOTTOM LINE
Driven by the
challenging economic
climate, customers
turned to SAS’
market-leading business
analytics to derive
money-saving and
money-making insights
from ever-growing
volumes of data. Risk
management solutions
were up 28 percent, and
optimization software
sales increased 18
percent. In addition,
SAS saw strong sales
growth in multiple
industries, led by
energy and utilities
with a 27 percent
increase, and capital
markets, which jumped 15
percent. Total revenue
from analytics and data
mining rose more than 15
percent.
Other highlights:
-
Double-digit
increases were
achieved in data
integration
solutions in life
sciences and
government.
-
Revenue for
analytics products
exceeded 20 percent
growth in the
healthcare and
education
industries.
-
Double-digit growth
was achieved in
business
intelligence
applications in
government, retail
and life sciences.
-
More than 50 percent
growth was achieved
in customer
intelligence
solutions in
insurance.
SAS’ GLOBAL FOOTPRINT
GROWS
SAS gained 2,600 new
customers from around
the world in 2008.
Customers new to SAS
include: Allianz Bank
Polska S.A., Banco
Bradesco SA, China CITIC
Bank, Etihard Airways,
Kaiser + Kraft Europa
GMBH, Nintendo of
America, Inc., Reply
S.P.A., S2P, Samsung
SDI, Southwest Airlines,
Tesco Stores Malaysia
and Vector Casa De Bolsa
SA DE CV.
GLOBAL SUCCESS,
INNOVATION THROUGH
ACQUISITION
As in previous
years, SAS revenue
growth remained globally
balanced, contributing
to the company’s
stability. The Americas
accounted for 43 percent
of total revenue;
Europe, Middle East, and
Africa (EMEA) 45
percent; and
Asia/Pacific 12 percent.
Of note are high growth
rates in emerging
markets – 25 percent in
Latin America, 20
percent in India and
more than 15 percent in
major eastern European
countries. “Our
performance in some of
the hardest hit
economies affirms that
the world, now more than
ever, needs analytics to
provide answers to
complex business
problems in order to
innovate and lead with
confidence,” Goodnight
said.
SAS re-invested 22
percent of 2008 revenue
in R&D and ended the
year with 11,019
employees, up 3.5
percent in 2007. SAS for
the 12th time in a row
was named to FORTUNE
magazine’s annual list
of the “100 Best
Companies to Work For”
in America. In addition
to ranking No. 20 on the
list, SAS was listed as
one of the best for
healthcare, childcare
and work-life balance.
On the innovation front,
SAS successfully
integrated the employees
and technologies of two
companies in 2008:
-
Teragram, a
40-person firm
headquartered in
Cambridge, Mass.,
expands SAS’
analytical portfolio
with natural
language processing
and advanced
linguistic
technology.
-
IDeaS Revenue
Optimization, a
200-person
Minneapolis firm,
complements SAS’
retail revenue
optimization suite,
currently deployed
by a number of
global retailers
such as Hudson’s Bay
Company of Canada
and Kohl’s
Department Stores.
EFFECTIVE PARTNERING
YIELDS RESULTS
SAS' growing network of
alliance and channel
partners played an
integral role in 28
percent of sales and
almost half of the top
50 global deals. Of note
are strategic
initiatives including
partnerships with
leading systems
integrators, continued
efforts with Teradata
Corp., and a continued
focus on third-party
channels.
Partnerships with
systems integrators
Accenture, CapGemini,
Tata Consultancy
Services, Wipro
Technologies and others
offer customers the
resources and expertise
to leverage SAS business
analytics throughout the
enterprise. SAS is
continuing its
in-database analytic
efforts with Teradata
via the SAS and Teradata
Advantage Program
launched in 2008.
DIRECTION
With the economy
predicted to remain
challenging through the
first half of 2009, SAS
will continue to invest
in technology and
solutions that help
customers improve
performance. SAS will
continue to roll out SAS
9.2 enhancements and
deliver new solutions in
the areas of fraud,
customer insight, risk
and analytics as part of
a business analytics
framework. SAS will
remain committed to
sustainability, both as
a software solution
provider and as a
corporate citizen. “SAS
is very strong in data
management and business
process management, so
we’re in a very good
position,” said SAS
Senior Vice President
Jim Davis.
“Organizations will be
looking to harness data
they already have into a
business analytics
framework to move
forward. Value-based
solutions are critical
for surviving
challenging times.”
Leading firm Gartner
Inc. in 2008 placed SAS
in the Leaders Quadrant
of the Magic Quadrant
for Business
Intelligence Platforms,
2008 in February1(and in
the report published
last month), the
Visionaries Quadrant of
the Magic Quadrant for
Marketing Resource
Management, 1Q08 in
March2, the Leaders
Quadrant of the Magic
Quadrant for
Multichannel Campaign
Management,2008 in
April3, the Leaders
Quadrant of the Magic
Quadrant for Operational
Risk Management Software
for Financial Services
in June4, the
Visionaries Quadrant of
the Magic Quadrant for
Enterprise Marketing
Management in July5, the
Leaders Quadrant of the
Magic Quadrant for
Customer Data Mining
Applications in July6,
and the Visionaries
Quadrant of the Magic
Quadrant for Data
Integration Tools in
September7.
ABOUT SAS
SAS is the leader in
business analytics
software and services,
and the largest
independent vendor in
the business
intelligence market.
Through innovative
solutions delivered
within an integrated
framework, SAS helps
customers at more than
45,000 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®.
ABOUT THE MAGIC
QUADRANT
The Magic Quadrants are
copyrighted 2008 by
Gartner Inc. and are
reused with permission.
The Magic Quadrant is a
graphical representation
of a marketplace at and
for a specific time
period. It depicts
Gartner’s analysis of
how certain vendors
measure against criteria
for that marketplace, as
defined by Gartner.
Gartner does not endorse
any vendor, product or
service depicted in the
Magic Quadrant, and does
not advise technology
users to select only
those vendors placed in
the “Leaders” quadrant.
The Magic Quadrant is
intended solely as a
research tool, and is
not meant to be a
specific guide to
action. Gartner
disclaims all
warranties, express or
implied, with respect to
this research, including
any warranties of
merchantability or
fitness for a particular
purpose.
-
Gartner, Inc.. Magic
Quadrant for
Business
Intelligence
Platforms, 2008,
James Richardson,
Kurt Schlegel, Bill
Hostmann and Neil
McMurchy, February
1, 2008.
-
Gartner Research.
“Magic Quadrant for
Marketing Resource
Management, 1Q08,”
by Kimberly Collins,
3 March 2008
-
Gartner Inc., Magic
Quadrant for
Multichannel
Campaign Management,
2008, Adam Sarner,
April 6, 2008.
-
Gartner Research.
Magic Quadrant for
Operational Risk
Management Software
for Financial
Services, Douglas
McKibben, David
Furlonger, June 6,
2008.
-
Gartner, Inc. "Magic
Quadrant for
Enterprise Marketing
Management" by
Kimberly Collins and
Adam Sarner, July 1,
2008
-
Gartner Research.
Magic Quadrant for
Customer Data Mining
Applications, Gareth
Hershel, July 1,
2008.
-
Gartner Research.
“Magic Quadrant for
Data Integration
Tools” by Ted
Friedman, Mark A.
Beyer, Andreas
Bitterer, September
22, 2008.
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 © 2009 SAS
Institute Inc. All
rights reserved.
|
