SAS GLOBAL FORUM, LAS VEGAS, April 5 /CNW/ - Four years into their
strategic partnership, SAS and Teradata continue to deliver new
innovations for customers. The latest offering from SAS, the leader in business analytics software and services, and Teradata (NYSE: TDC), the world's largest
company focused on data warehousing and advanced analytic environments, is SAS High-Performance Analytics on the Teradata appliance.
Driving breakthrough performance and insight
New SAS High-Performance Analytics allow customers to model entire data
sets in-memory - not just a sample - on a dedicated Teradata appliance.
By dramatically improving the speed and accuracy of analytical modeling
for statisticians on big data issues, SAS High-Performance Analytics on
Teradata allow customers to get a complete view of their business for
improved decision making.
"Leveraging in-memory processing with the power of the Teradata
architecture to minimize traditional I/O constraints, SAS and Teradata
can now provide answers on big data problems across industries at the
lowest levels of granularity. This leap in technology innovation will
allow companies to do such things as more accurately monitor fraud,
predict failures and provide real-time customer insights and offerings
in ways they previously couldn't," said Keith Collins, SAS Senior Vice
President and Chief Technology Officer.
For example, in the financial services industry, in order to predict the
probability of loan defaults, an analyst would build a predictive model
from an extremely large set of data. Because of the large data size and
movement constraints, the analyst most likely would use a sampling of
the data to build the loan default model. This impedes speed of
building the model and model accuracy, which means the bank's
profitability on its loan portfolio is not optimized. By implementing
SAS High-Performance Analytics on a Teradata appliance, these data
constraints are eliminated, model development time is reduced from days
to minutes, and loan default accuracy can increase by 10 percent to 50
percent, significantly improving the bank's profitability for its loan
"The demand for operational analytics against integrated data from
across the enterprise has become table stakes for leading businesses to
achieve and maintain a sustainable competitive advantage," said Scott
Gnau, Chief Development Officer at Teradata. "SAS High-Performance
Analytics helps our customers meet this demand by leveraging Teradata
parallel processing to minimize the duplication, complexity and
movement of data while increasing the performance of the analytic teams
and impact of the business insight they generate."
James Taylor, CEO of Decision Management Solutions, faculty member of the International Institute for Advanced Analytics, and author, adds, "Analytic value is lost when limited computing
resources mean that data is excluded or that the time to get results is
extended. When a business can ramp up its processing power and analyze
all the data needed for a decision, it can maximize the value of
The new SAS High-Performance Analytics is part of the SAS High-Performance Computing portfolio, which spans
across in-database analytics, grid computing and in-memory analytics,
and will be generally available on the Teradata appliance in fourth
This new offering is the most recent addition to the growing portfolio
of analytic solutions from SAS and Teradata. Many features and
functions of this portfolio of products have been influenced by the SAS
and Teradata joint Product Advisory Council (PAC), which provides customer input and validation to joint offerings before
they go to market. This influence has resulted in nearly 400 global
customer engagements since the partnership started and has allowed the
partnership to enhance and grow its suite of Advantage Programs to solve customer problems. In addition, the SAS and Teradata Business
Analytic Innovation Center (BAIC) has also been integral in helping customers identify analytic best
practices with domain and subject-matter experts, as well as quickly
uncovering innovative models that provide unique insights for
optimizing business operations.
Today's announcement was made at SAS Global Forum, the world's largest gathering of SAS users, attended by more than
3,500 business and IT users of SAS software and solutions.
Teradata is the world's leader in data warehousing and advanced analytic
environments with leading-edge database software and data warehouse
appliances. For more information, visit teradata.com.
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 50,000
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® .
SOURCE SAS Canada
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