|
Sydney, Australia
(June 29, 2007) – In the midst of a changing
landscape for
business intelligence (BI) software, SAS
today cited an influential analyst firm’s report
that shows SAS is the only vendor in the top
three to boost its share of the worldwide BI
market. The report also ranks SAS as the leading
provider of
advanced analytics.
According to IDC’s “Worldwide
Business Intelligence Tools 2006 Vendor Shares”
report, SAS’ revenue from BI tools rose to
US$678.9 million, an increase of 16.6
percent over the previous year’s sales figures.
SAS’ growth outpaced the overall market for BI
tools, which increased 11.5 percent to $6.25
billion.
Despite
consolidation and increased competition for BI
software, SAS was the only vendor of the top
three in the IDC report to increase its market
share in BI tools, growing from 10.4 percent in
2005 to 10.9 percent in 2006.
“SAS’ strength has
always been in its advanced analytics, which is
evidenced by the company’s consistent leadership
of this BI tools market segment,” said Dan
Vesset, Vice President IDC. “However, SAS’
effort to revamp and more aggressively market
its query and reporting tools has paid off,
creating synergies among its product lines that
are enabling SAS to provide a broad portfolio of
business analytic solutions.”
For the tenth
straight year, IDC ranked SAS as the leading
provider of advanced analytics tools, with SAS’
2006 revenues in this category increasing 12.0
percent to $381.7 million. The report shows SAS
holding a 30.7 percent share of the advanced
analytics market, more than twice that of the
nearest competitor. In fact, SAS’ market share
in this segment is greater than the combined
market share of the 13 other advanced analytics
vendors named in this report.
“The business
intelligence market is both expanding and
contracting at the same time,” said Jim Davis,
Senior Vice President and Chief Marketing
Officer at SAS. “Vendors in other technology
markets have recently entered the BI space,
while existing BI vendors have been scooped up
in a flurry of acquisitions that shows no signs
of stopping. SAS’ unabated growth demonstrates
that enterprises are demanding a proven, stable
partner that focuses on customer needs instead
of the demands of Wall Street.”
“Before we
implemented SAS, three staff members spent three
weeks each month on the financial reporting
package. With SAS, it takes those same staff
members only four days,” said Mahinda Yapa,
Director of Credit and Portfolio Management,
Global Financial Services at Pitney Bowes. “SAS’
biggest strength is that even non-statisticians
can use one software package to quickly produce
simple reports that can use very sophisticated
analysis and forecasting models behind the
scenes. Using SAS, we have built a
creditworthiness model that has eliminated the
need to buy $200,000 worth of credit reports.”
SAS is a stable,
well-established BI provider, leading the market
in innovation with new solutions like
SAS® Visual BI software . Introduced
earlier this year, SAS Visual BI far exceeds
other BI visualization solutions through a wide
range of capabilities organically developed and
fully integrated into the
SAS Enterprise Intelligence Platform
. Instead of static charts and spreadsheets,
organizations using this powerful new SAS
software can create interactive “data movies” by
manipulating an easy-to-use, motion-enabled,
graphical environment. Moving from the static to
the interactive helps companies explore ideas,
investigate patterns and discover previously
hidden facts through visual queries.
SAS is rapidly
expanding its ability to deliver its BI
solutions to a broad spectrum of customers. In
2006, the company introduced a
channel partner business unit for
value-added resellers (VARs), systems
integrators and independent software vendors.
Expanded this year to serve customers around the
world, this initiative now delivers SAS BI
software efficiently and cost-effectively to
small- to medium-sized and midmarket businesses.
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® . |