Business analytics sales leaps 26 percent as organizations seek to gain
an edge in a challenging economy
TORONTO, Jan. 21 /CNW/ - SAS, the leader in business analytics, achieved
record global revenue of US$2.43 billion in 2010, up 5.2 percent over
2009 results. In the business analytics category, revenue surged 26
In Canada, SAS recorded nine per cent year-over-year growth in total
operating revenue in addition to a 10 per cent increase in total
software sales. SAS Canada's year-over-year performance was strongly
supported by approximately 35 per cent new sales growth in federal
government accounts which turned to SAS for fraud, performance management, reporting and analytics solutions. In response to this growth, SAS Canada also announced that
it is adding approximately 25 new positions in 2011, increasing its
employee base by ten per cent.
SAS CEO Jim Goodnight attributed growth to the recognition that the
current explosion of data can be analyzed to provide insights never
before possible. "Analytics is used in virtually every industry and
branch of government," Goodnight said. "The predictive power of
analytics can make a difference by helping you see further into the
distance so you can make adjustments faster and with more confidence.
We've experienced 35 years of unbroken revenue growth and high customer
loyalty because our customers get value from our software and trust the
"More and more Canadian companies are realizing the benefits of using
analytics to solve their business challenges; our continued growth is
proof of this," said Carl Farrell, President SAS Canada. "Our success
is driven by our commitment to solving our customers' most complex
business challenges with our industry leading analytics solutions.
Today's announcement to increase our employee base by a record 10 per
cent is a reflection of our continued growth and will help us maintain
the strong customer loyalty SAS is known for."
As it has done for decades, SAS reinvested substantial revenue - 24 per
cent - back into research and development.
"We started 2010 with a No. 1 US ranking on FORTUNE's Best Companies to
Work For list, and we've kicked off 2011 at No.1 again," Goodnight
said. "These rankings show that we're serious about helping employees
balance work and personal lives so that they can focus on delivering
the high-quality software and service our customers expect. Engaged,
talented employees are vital to a knowledge-based company like SAS.
They keep our offerings on the cutting edge."
As 2011 gets under way, the uncertain economic landscape and exponential
growth of digital data will be both a challenge and an opportunity for
organizations. Industry-specific and cross-industry solutions built on
the SAS Business Analytics Framework solve organizations' toughest
problems - from improving customer relations to reducing fraud and
risk. SAS High-Performance Computing, introduced mid-2010 in banking
and retail solutions, helps solve those problems in record time, in
some cases in real time, by distributing analytic tasks across multiple
"The long-term effects of the economic downturn still aren't known,"
said SAS Senior Vice President Jim Davis, "but I feel confident about
the future based on our revenue results this year and conversations
we've had with customers in every industry about improving their
business processes with analytics."
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®. The Canadian subsidiary of SAS has been in operation for 23 years.
Headquartered in Toronto, SAS employs 263 people across the country at
its Vancouver, Calgary, Edmonton, Winnipeg, Toronto, Ottawa, Quebec
City and Montréal offices.
www.sas.com/canada The Power to Know®.
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© 2011 SAS Institute Inc. All rights reserved.
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