Model, forecast and simulate complex economic and business scenarios using huge amounts of observational data. SAS Econometrics provides a broad array of econometric techniques to help you understand the impact that economic and marketplace factors have on your business so you can plan better for the future.
Get faster answers to your time- and event-specific questions.
Run large-scale, multivariate simulations that you can fit using different specifications. Perform count regression, cross-sectional analysis, panel data analysis and censored event estimation for both discrete and continuous events. The SAS® Viya® scalable, distributed in-memory engine delivers econometric modeling results on even the largest data sets at exceptional processing speeds. And in-memory data persistence eliminates the need to load data multiple times during iterative analyses.
Empower users with programming language options.
Python, Java, R and Lua programmers can experience the power of SAS Econometrics without having to learn SAS. The SAS Viya engine enables programmers to access powerful, trusted and tested SAS algorithms from their preferred coding environment.
Make better, more scientific decisions.
Understand how varying economic and market conditions, customer demographics, pricing decisions, marketing activities and more can affect your business. The solution enables you to model and simulate any business process, no matter how complex – even when time dependencies, simultaneous relationships or dynamic processes complicate the analyses. By combining forecasting processes with econometric analysis, you can proactively shape a more profitable future.
Explore the capabilities of SAS® Econometrics.
SAS Econometrics helps organizations model, forecast and simulate complex economic and business scenarios to plan for changing marketplace conditions. Learn about the software's powerful capabilities, including the new procedures and actions available in SAS Econometrics 8.2 – such as compound distribution modeling, regression models for spatial data, hidden Markov models and time series analysis. You'll also get an overview of how SAS works with open source technologies.
- Hidden Markov models. Model and predict hidden Markov models (HMM) with the powerful new HMM procedure. The initial (8.2) release supports discrete-state Gaussian models, and many more model types will be added in subsequent releases. This method can handle very big data, scaling to millions of time points.
- Spatial econometrics modeling. Take advantage of data with a spatial element (e.g., location and mapping data) using the CSPATIALREG procedure to conduct spatial regressions. This enables you to include spatial information in your analysis, and improve the econometric inference and statistical properties of estimators.
- Econometric models for cross-sectional data. Conduct cross-sectional data analysis using the following included models: count regression, severity regression, qualitative and limited-dependent variables, and copula methods with compound distribution.
- Panel data econometric models. Analyze data that combines both time series and cross-sectional dimensions with these included models: panel data models, count regression models and regression models for qualitative and limited-dependent variables.
- Forecasting models for time series data. Use state-of-the-art techniques for modeling complex economic and business scenarios to analyze the impact that specific events might have over time. Time series models include user-defined ARIMA and exponential smoothing models. Time series analysis includes decomposition capabilities and diagnostic testing.
- Open, cloud-enabled, in-memory engine. Take advantage of high availability, faster in-memory processing and native cloud support of the SAS Viya engine. SAS Econometrics procedures are available for both public and private cloud delivery in a scalable and elastic environment. And all analytical assets are managed within a common environment to provide a single, governed model inventory across applications.
- Includes all SAS/ETS® procedures. SAS Econometrics provides access to all procedures in SAS/ETS, enabling you to address virtually any econometrics and time series analysis challenge.
This solution runs on SAS® Viya®, which has the breadth and depth to conquer any analytics challenge, from experimental to mission critical. SAS Viya extends the SAS Platform to enable everyone – data scientists, business analysts, developers and executives alike – to collaborate and realize innovative results faster.
Read the SAS Econometrics fact sheet for more details.
Learn why SAS was named a Leader in The Forrester Wave™: Predictive Analytics and Machine Learning Solutions, Q1 2017.
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