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SAS High-Performance Analytics pulls valuable insight from text, big data


 
  
SAS will add high-performance text mining to its in-memory analytics software in Q3 of 2012; partnership with Capgemini for fraud detection; success story with one of the largest bank-led credit data consortium.


SAS THE PREMIER BUSINESS LEADERSHIP SERIES, AMSTERDAM (May 08, 2012) - SAS, the leader in business analytics software and services, will add high-performance text mining to its powerful in-memory analytics software in the third quarter of 2012. SAS High-Performance Analytics, appliance-ready software for Teradata and EMC Greenplum, performs complex analytics on big data.

SAS High-Performance Analytics, which began shipping last year, will be enhanced in August with new text-mining support to provide companies with insight gained from unstructured data in emails, social media, call center logs, documents and other information.

Unstructured data, accounting for more than 80 percent of today's data, can be difficult to analyze, often swamping traditional computer architectures. SAS High-Performance Analytics will provide new capabilities to address even the largest text repositories, known as "big data," revealing hidden relationships within unstructured data. This helps organizations uncover potential opportunities - new lines of business, untapped customer segments, quality and client satisfaction issues - and profits.

Read more.

In other SAS Analytics News,

SAS® business analytics pay off for world's largest bank-led credit data consortium, PECDC

PECDC, the global bank credit data consortium, will optimize the delivery of credit risk data to members using business analytics from SAS, the leader in business analytics software and services, and Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services. Netherlands-based PECDC is a cross-border initiative of 33 member banks operating in Europe, North America, Africa, Asia and Australia.

SAS, Capgemini tackle fraud, improper payments in public sector

SAS has joined platinum partner Capgemini to help government agencies reduce revenue losses from tax and welfare fraud, and improper payments. Together, SAS, the leader in business analytics software and services and Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, provide an end-to-end offering in revenue fraud and improper payment protection to public sector organizations in Europe, Brazil, India and Asia-Pacific.

KDnuggets Home » News » 2012 » May » News Briefs » SAS High-Performance Analytics pulls valuable insight from text, big data  ( < Prev | 12:n11 | Next > )