BNET Industries
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
Peer Companies
NAICS Code Other Technical and Trade Schools: 611519
Recent Events
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Casinos Play SAS Analytics Card, Win Prestigious Innovative Solutions Award
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SAS sues British firm in software copyright dispute
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Goodnight: SAS might 'eke out' 34th straight year of revenue growth
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Invacare Standardizes on SAS® Financial Management, Escapes Spreadsheet Nightmare
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Kyobo Life Insurance Selects SAS to Reduce and Prevent Fraud
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Deutsche Telekom Chooses SAS Marketing Campaign Management as New International Standard
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Developing countries tap SAS data analytics software to improve governance
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SAS Business Analytics Mission-Critical for Broadcaster
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SAP, SAS respond to IBM's planned SPSS acquisition
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IBM to buy SAS competitor SPSS for $1.2B
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Wet Seal selects SAS to size it right
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SAS in Visionaries Quadrant for Enterprise Marketing Management
News & Analysis
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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...
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'...
A New Dimension in Financial Planning and Budgeting: SAS Planning - A Component of SAS Financial Management Solutions
BNET
- 2002-07-19
Conventional accounting packages and spreadsheets have not kept pace with the financial planning requirements of dynamic organizations, especially as global business churns out huge volumes of data and calls for strategic decisions on timelines that overwhelm pre-Web business models. This white paper provides an overview of SAS Planning, a key...
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,...
SAS Financial Management for State & Local Governments
BNET
SAS Financial Management can help agencies bring together financial information from a variety of systems across the enterprise, yielding comprehensive results that enable state and local governments to operate more effectively and efficiently. The SAS solution integrates data management and financial intelligence with industry-leading online analytical processing, allowing organizations to...
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