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March 29, 2015 1:52 PM ET

Software

Company Overview of SAS Institute Inc.

Company Overview

SAS Institute Inc. provides business analytics software and services to help customers improve performance and deliver value by making better decisions. It offers enterprise solutions, including advanced analytics, business intelligence and analytics, cloud analytics, customer intelligence, data management, decision management, fraud and security intelligence, solutions for Hadoop, in-memory analytics, performance management, risk management, and supply chain intelligence. The company also provides support and training services. It serves automotive, banking, communications, consumer goods, defense and security, government, health insurance, high-tech manufacturing, higher education, insuran...

100 SAS Campus Drive

Cary, NC 27513-2414

United States

Founded in 1976

Phone:

919-677-8000

Fax:

919-677-4444

Key Executives for SAS Institute Inc.

Co-Founder, Chairman of the Board, Chief Executive Officer and President
Co-Founder and Executive Vice President
Chief Financial Officer and Executive Vice President
Chief Technology Officer, Executive Vice President and Head of Research & Development Division
Chief Information Officer and Executive Vice President
Compensation as of Fiscal Year 2014.

SAS Institute Inc. Key Developments

SAS Appoints Troy Haines to Head its Newly Formed Risk Research and Quantitative Solutions Division; SAS Forms Risk Research and Quantitative Solutions Division

SAS has appointed Troy Haines to head its newly formed Risk Research and Quantitative Solutions division. As Senior Vice President, Haines will direct strategy, research and product management of risk management initiatives across the globe. Troy brings more than 20 years of experience in quantitative risk management, technical project management and applied research in the financial services industry to this role. He will spearhead SAS growth and investments in the risk space to help customers identify, mitigate and manage risk. SAS announced newly formed Risk Research and Quantitative Solutions division. SAS Risk Research and Quantitative Solutions division will focus even more on customer driven agendas and solutions to tackle complex risk challenges such as stress testing, regulatory compliance and capital management. The new division consolidates a number of different teams and functions pre-sales support, risk practice, applications and systems development under Haines to further align direction and priorities. The division plans to double investment in critical areas of financial risk management, applied research and application development in the next couple of years. SAS will also be hiring additional risk industry experts to boost its business consulting services which will further enhance SAS risk solutions and support offerings. By investing in additional resources to strengthen modeling and methodology areas within risk management, SAS is expanding as well as deepening its solution capabilities.

Octo Telematics and SAS Partner to Leverage Telematics Data

Octo Telematics said it has announced a global partnership with SAS to provide business insight and leverage telematics data to insurers and policy holders. The partnership said the wide scope of the agreement is designed to exploit existing technology, joint R&D to create new analytics algorithms and services and a shared go-to-market to selected insurers. The guiding principle of the agreement is to facilitate accelerated ramp-up of telematics into the insurance mainstream by creating and proving telematics value to insurers and consumers. Insurers will be supported in their evolution by getting more consumer insight, improved CRM, more accurate and individualized pricing and a more predictable risk base. Consumers will get more tailored pricing, improved safety and additional value-added services at a better price/quality ratio.

SAS Announces Revenue Results for the Year of 2014

SAS announced revenue results for the year of 2014. The company posted revenue of $3.09 billion, up 5.1% in constant currency (2.3% US dollars) over 2013.

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