SAS reports revenue up 5.2%

SAS sold $2.43 billion worth of business software and services last year, as governments and corporations boosted technology spending in an effort to reduce costs and identify new sources of revenue.

SAS, one of the largest companies in the Triangle, reported Thursday that revenue rose 5.2 percent in 2010, more than double the 2.2 percent increase in 2009. Growth last year was driven primarily by the Cary company's business analytics group, which saw revenue jump 26 percent.

"We are seeing corporations loosening up their budgets," said Jim Davis, a SAS senior vice president and its chief marketing officer. "The economy feels very differently than it did 12 to 18 months ago."

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