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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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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financial and sas institute - All News and Analysis
Audit awareness: SAS Nos. 104-111 fundamentally alter how auditors ply their trade
- 2007-08-01
The AICPA's Audit Risk Standards (SAS Nos. 104-111) are continuing the trend of reworking the landscape of financial statement audits. These standards are effective for audits of financial statements for periods beginning on or after Dec. 15, 2006, and affect the way auditing firms assess the risk of material misstatements...
New SAS Office in Charlotte, NC, Targets Financial Services Industry; As Banks' Business Intelligence Software Needs Evolve, SAS Will Be with Them
- 2006-07-18
CARY, N.C. -- SAS, the leader in business intelligence, opened a new regional office this week in the nation's second-largest banking city: Charlotte, North Carolina. Behind only New York City, Charlotte is a growing market for financial services and SAS.
SAS Signs 100th Basel II Customer; Leading BI Vendor Doubles Revenues and Expands Offerings for the Financial Services Industry
- 2006-05-17
GENEVA -- SAS, the leader in business intelligence BI, announced that its Risk Management software revenues grew over 100 percent in 2005 in the EMEA (Europe, Middle East and Africa) region. The company's strong performance continues into 2006 as it reports its hundredth Basel II customer in the same region.
SAS and RSM McGladrey Deliver Financial Transparency to Midmarket Businesses
- 2006-05-01
CARY, N.C. -- SAS, the leader in business intelligence, today announced it has partnered with RSM McGladrey, Inc., to provide midmarket commercial and public organizations with the benefits of financial domain expertise, business process consulting, and the power of SASR Financial Intelligence technology. At a time when businesses need better...
Pearl River Resort Improves Business With SAS® Financial Management; Mississippi Casino Deploys Advanced Solutions for Collection, Analysis of Complex Financial Data
- 2006-03-27
SAN FRANCISCO -- Pearl River Resort, a major destination resort and casino in Choctaw, MS, has improved its business processes with a financial management solution from SAS, the leader in business intelligence. The new solution enables the resort to transform raw financial data from multiple operations into sophisticated financial intelligence...
Enhanced SAS® Anti-Money Laundering Now Quicker to Detect Suspect Activity; Advanced Analytics and Better Transparency into Transactions a Boon to Financial Institutions
- 2006-03-13
CARY, N.C. -- SAS, the leader in business intelligence, today underscored its commitment to the financial services industry with the release of a new version of SAS Anti-Money Laundering (http://www.sas.com/industry/fsi/aml/index.html). Complementing its recently announced SASR Money Laundering Detection, (http://www.sas.com/news/preleases/103105/news3.html) the new offering includes several enhancements to help institutions worldwide fight...
Raise the red flag: a recent study examines which SAS No. 99 indicators are more effective in detecting fraudulent financial reporting
- 2005-10-01
SINCE ITS INTRODUCTION IN 2002, STATEMENT ON Auditing Standards SAS No. 99: Consideration of Fraud in a Financial Statement Audit has raised expectations for fraud-detection audits to new heights. The standard supersedes the American Institute of Certified Public Accountants' SAS No. 53 and SAS No. 82, which first identified red...
SAS Provides Sport Chalet with Xtreme Performance Capabilities; Sport Chalet Selects Integrated Financial, Assortment, Allocation and Forecasting Solution From SAS
- 2005-05-24
CHICAGO -- Implementing a customer-centric business strategy may be fairly new to some companies, but not to Sport Chalet, Inc (NASDAQ: SPCH) a full service specialty sporting goods chain. Since 1959, Sport Chalet has practiced the art of seeing things through the eyes of its customers. Now, with 36 stores...
Access Pharmaceuticals Announces Conference Call and SAS Users Group International will be DATATRAK Leading EDC Provider.
- 2005-04-11
M2 PRESSWIRE-11 April 2005-US Financial Network: Access Pharmaceuticals Announces Conference Call and SAS Users Group International will be DATATRAK Leading EDC ProviderC1994-2005 M2 COMMUNICATIONS LTD RDATE:11042005 City of Industry, CA - Biotechnology industry news provided by Financial News USA (OTC:...
Railinc Successfully Completes SAS 70 Type II Audit; Railinc Meets International Standard for Protecting Customers' Financial Data and Transactions
- 2005-01-20
CARY, N.C. -- Railinc today announced that it has successfully completed a Statement on Auditing Standards SAS 70 Type II examination. The Type II audit is much more stringent than Type I, because this audit includes detailed testing of the service organization's controls. The SAS 70 audit validates internal controls...
