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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SAS® Business Analytics Boosts Midsized Businesses
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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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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'...
Auditor Communication in an Evolving Environment: Going Beyond SAS 600 Auditor's Reports on Financial Statements
BNET
- 2000-12-14
In 1993 the Auditing Practices Board issued an expanded audit report, SAS 600 Auditors' Reports on Financial Statements, in an attempt to educate users and reduce their misunderstandings in respect of certain matters pertaining to the audit function. This paper investigates the extent to which the new audit report, SAS...
Revision of SAS No. 55 for Technology
BNET
- 2000-10-01
The Auditing Standards Board ASB has issued an exposure draft of a proposed Statement on Auditing Standards SAS titled Amendment to Statement on Auditing Standards No. 55, Consideration of Internal Control in a Financial Statement Audit, as Amended by Statement on Auditing Standards No. 78, Consideration of Internal Control in...
ASB Issues Omnibus ED
BNET
- 1999-04-01
This article discusses Auditing Standards Board ASB that issued an omnibus exposure draft of a proposed Statement on Auditing Standards SAS with the title of Audit Adjustments, Reporting on Consistency, and Service Organizations (Omnibus Statement on Auditing Standards—1999). An omnibus SAS addresses several unrelated topics. The proposed SAS provides guidance...
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