BNET Industries

SAS Institute

Last Fiscal Year Sales:$1.6B

Private
US

Dow Jones Description

Gathering intelligence for business battles! SAS Institute Inc. deals in data warehousing and data mining software used to gather, manage, and analyze enormous amounts of corporate information. Clients use its software to find patterns in customer data, manage resources, and target new business. Founded in 1976, this $1.6 billion company is based Cary, NC and employs about 10,000 people. It also offers industry-specific integrated software and support packages. Some of its clients are Maytag, Air France, and the US Department of Defense. In March 2006 the company acquired the assets of Marketing Resource Management provider Veridiem, Inc., a privately held software company based in Maynard, MA, that helps customers analyze and optimize their returns across the entire spectrum of marketing investments.

Number of Employees 9,921

Contact Information

SAS Campus Dr

Cary, North Carolina 27513-2414

sascurriculumpa...

1 919 531 0861

Peer Companies

NAICS Code Other Technical and Trade Schools: 611519

Company News

Recent Events

SAS Business Analytics Boosts Midsized Businesses

12/08/09 - Licensing / Contract - View Story
Casinos Play SAS Analytics Card, Win Prestigious Innovative Solutions Award

11/18/09 - Licensing / Contract - View Story
SAS sues British firm in software copyright dispute

11/16/09 - Lawsuit Filed - View Story
Goodnight: SAS might 'eke out' 34th straight year of revenue growth

10/28/09 - Financial Announcement - View Story
Invacare Standardizes on SASÂ® Financial Management, Escapes Spreadsheet Nightmare

10/19/09 - Licensing / Contract - View Story
Kyobo Life Insurance Selects SAS to Reduce and Prevent Fraud

10/07/09 - Licensing / Contract - View Story
Deutsche Telekom Chooses SAS Marketing Campaign Management as New International Standard

10/05/09 - Licensing / Contract - View Story
Developing countries tap SAS data analytics software to improve governance

9/10/09 - Joint Venture / Alliance - View Story
SAP, SAS respond to IBM's planned SPSS acquisition

8/01/09 - Financial Announcement - View Story
IBM to buy SAS competitor SPSS for $1.2B

7/28/09 - Merger / Acquisition - View Story
Wet Seal selects SAS to size it right

7/21/09 - Licensing / Contract - View Story
SAS in Visionaries Quadrant for Enterprise Marketing Management

7/20/09 - Licensing / Contract - View Story

News & Analysis

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Stuck In The SAS 70s

BNET - 2004-02-23

From the executive summary: ‘A little-known and perhaps largely outdated auditing standard for outsourcers could be the next big hurdle for Sarbanes-Oxley compliance. Not only might the standard cause a number of businesses to conflict with the Section 404 provisions on internal controls, but it might also dissuade other companies...

Tags: CFO Publishing Corp., SAS Institute, Sarbanes-Oxley, Business Process Outsourcing (BPO), Outsourcing, Regulatory Compliance, Operational Planning, Regulations, Government, Financial Accounting, Finance, It Operations, Business Operations, Outsourcing & Subcontracting, Human Resources, Policies And Procedures
Using Data Mining for Rate Making in the Insurance Industry: SAS Institute

BNET - 2003-06-01

This paper gives an overview of the data mining in Insurance Industry.Given the current state of the insurance landscape, carriers competing for customers, dealing with rising claim rates and high loss ratios, the need has never been greater for insurers to establish and maintain a complete view of their current...

Tags: SAS Institute, Insurance-Canada-Ca, Insurance, Financial Planning, Data Mining, Business Operations, Corporate Insurance, Finance, Enterprise Software, Software, Data Management
Fraud Detection: SAS 99 Increases Auditors' Responsibilities

BNET - 2003-01-01

Numerous examples of financial statement fraud and alleged auditor negligence have been disclosed over the past 15 months-WorldCom/Arthur Andersen, Xerox/KPMG, Enron/Arthur Andersen, Adelphia Communications/Deloitte & Touche, Baptist Foundation of Arizona/Arthur Andersen, to name a few. Many have asked "Where were the auditors?" The new standard SAS No. 99 addresses auditors'...

Tags: Auditor, Financial Statement, SAS Institute, Fraud, Pennsylvania Institute Of Certified Public Accountants, Financial Statements, Litigation, Financial Accounting, Financial Planning, Finance, Business Operations
Predictive Modeling in the Insurance Industry Using SAS Software

BNET - 2001-03-28

Insurance companies, third party insurance administrators, state insurance funds, state regulatory agencies, insurance industry consultants, and application service providers ASP use SAS software in a variety of predictive modeling situations. SAS Enterprise Miner provides tools for modeling continuous responses, such as monetary losses and time off work, and discrete responses,...

Tags: SAS Institute, Modeling, SAS Enterprise Miner, Research & Development, Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance
Does SAS 70 Suffice for SOA?

BNET

With the 2004 deadlines for Sarbanes-Oxley filings fast approaching, many organizations started searching with a growing sense of urgency for tools and strategies that provided management and external auditor's assurances that the Securities and Exchange Commission's rules are being met in all critical areas. The paper depicts that while SAS...

Tags: Audit, Sarbanes-Oxley Act, Outsource, SAS Institute, SOA, Protiviti, Sarbanes-Oxley, Regulatory Compliance, Outsourcing, Financial Accounting, Regulations, Government, Finance, Human Resources, Policies And Procedures, It Operations, Business Operations, Outsourcing & Subcontracting