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May 25, 2015 9:53 PM ET


Company Overview of SAS Institute Inc.

Company Overview

SAS Institute Inc. provides business analytics software and services to the business intelligence market. It offers enterprise solutions such as advanced analytics, business intelligence and analytics, cloud analytics, customer intelligence, data management, decision management, fraud and security intelligence, in-memory analytics, performance management, risk management, and supply chain intelligence. The company also provides support, consulting, and training services. It serves automotive, banking, communications, consumer goods, defense and security, government, life sciences, manufacturing, media, oil and gas, retail, sports, and travel and transportation sectors. SAS Institute Inc. was...

100 SAS Campus Drive

Cary, NC 27513-2414

United States

Founded in 1976





Key Executives for SAS Institute Inc.

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 Institute and Toshiba Global Commerce Solutions Partner for Retail Customer Analytics

SAS Institute recently struck an agreement with Toshiba Global Commerce Solutions to equip retailers with analytics capabilities, providing them with customer insights at the point of sale (POS). With retail customer analytics, merchants will be able to make sense of the big data available about their customers and better understand how their customers shop, offering up opportunities to better serve them regardless of the channel. By integrating SAS retail customer analytics with Toshiba's retail promotions and loyalty management systems (hardware and software combinations), the renowned business analytics expert will enable retailers to provide near real-time personalized services to their customers. Specifically, through sophisticated SAS retail business intelligence (BI) software offerings such as SAS Visual Analytics and SAS Visual Statistics embedded into Toshiba loyalty management in-store POS systems, SAS will provide retailers with the means to make sense of the all customer data available to them. Through near real-time data visualization and recommendations, retailers could glean the insights to better recognize and react to trends about their customers' shopping behaviors and habits, allowing them to quickly and more effectively identify opportunities to satisfy their customers and meet their needs. At the base implementation, my understanding is that no SAS professional services are required. However, this solution is delivered through Toshiba and its Professional Services group so they might provide those services as necessary. This is not a cloud solution. The TCxVector promotions engine is a Toshiba offering and is implemented as part of the company's POS solution, which is store based. Since this is delivered as a Toshiba offering, all pricing information will come from Toshiba.

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.

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