The Data Mining Blog : Data Mining : Business Intelligence : Analytics : Marketing : Finance:

Inscreased Usability gives an edge to SAS

Posted in Business Intelligence, Data Mining, SAS by Pankaj Gudimella on May 14, 2008

It’s been a busy spring for SAS Institute Inc., which recently unveiled version 9.2 release of its flagship business intelligence (BI) platform, picked up additional text mining and analytic technology (by acquiring Teragram), and announced an expansion of its relationship with data warehousing (DW) powerhouse Teradata Corp. (see http://esj.com/business_intelligence/article.aspx?EditorialsID=8813).

Despite a year of unprecedented consolidation in the BI market by a trio of BI giants (IBM Corp., Oracle Corp., and SAP AG), it’s business as usual at SAS, the Cary, N.C.-based BI, DW, and statistical analysis player, according to Ken Hausman, the company’s product marketing manager for data integration.

If anything, Hausman argues, rampant BI consolidation has only helped SAS refine its message. “There’s a certain part of our sales pitch that says SAS is a stable company, we’ve been around for 31 years, and we’ve had a fairly consistent focus over those years,” he comments. “With all that’s happened [with consolidation], that’s [a pitch that is] resonating with customers.” There’s also SAS’ focus on R&D, Hausman stresses. The company reinvests about one-fifth of its annual revenues into additional research and development activities.

Read more here.

Advertisements

SAS acquires Teragram

Posted in Analytics, Business Intelligence, Data Mining, SAS by Pankaj Gudimella on March 27, 2008

SAS, the leader in business intelligence (BI) and advanced analytics, announced today the acquisition of privately held Teragram, the leader in natural language processing (NLP) and advanced linguistic technology. The acquisition will enhance SAS’ own robust text mining and analytical BI offerings, and extend them to enterprise and mobile search.

More than a decade ago, SAS was among the first companies to recognize the importance of text mining, the analysis of text and other unstructured data such as Web pages, documents, email, images and other information not stored in a structured database. Today, SAS leads this important and growing space.

Teragram, a 40-person firm headquartered in Cambridge, Mass., will be run as a SAS company. Terms of the acquisition deal were not disclosed. Teragram’s NLP technology is well-established, with a customer base including CNN, Forbes.com, NYTimes Digital, Sony, WashingtonPost.com, Wolters Kluwer, the World Bank and Yahoo!

“As the data explosion continues, companies need an intelligent way to make sense of it all, whether data is in structured databases or in the huge variety of unstructured sources,” said Yves Schabes, President of Teragram. “Teragram and its technology fit perfectly into SAS’ analytics and text mining efforts, as SAS continues to innovate in this rapidly growing market. We’re pleased to join a company that delivers the software businesses need to blend structured and unstructured data and reach better, timelier and more accurate decisions.

Read more from the press release