SAS achieves record revenue of $2.87 B in 2012
Revenue grew worldwide despite continuing economic uncertainty. The Americas generated 47% of total revenue; Europe, Middle East and Africa (EMEA) 41 percent; and Asia Pacific 12 percent. SAS reinvested 25 percent of 2012 revenue into research and development.
CARY, NC (Jan. 24, 2013) - Business analytics leader SAS achieved record global revenue of US$2.87 billion in 2012. Dubbed big data analytics "powerhouse" by an independent research firm, SAS spent 2012 as it has the previous 36 profitable years: helping customers make precise, proactive, breakthrough decisions.
"In 2012, many companies began to rethink conventional ways of doing business when they realized big data analytics could deliver results almost instantaneously," said SAS CEO Jim Goodnight. "When high-performance analytics can solve the world's toughest business problems thousands of times faster, there's no limit to what organizations can achieve."
SAS' 2012 predictive analytics offerings have momentum across industries and customer segments. SAS® Visual Analytics, particularly well received and lauded by analysts in July, August and earlier this month, is a new way to explore large amounts of data in an instant.
2012 was also a banner year for workplace culture recognition. Great Place to Work® named SAS No. 1 on its World's Best Multinational Workplaces list, capping a year in which SAS Belgium and SAS Sweden were also No. 1 on their countries' Best Companies to Work For lists. SAS, which has been ranked as one of Fortune's Best Companies to Work For in the US every year since the list's 1998 inception, was a top workplace in 17 other countries.
Demonstrating steadfast commitment to innovation and customer service, SAS reinvested 25 percent of 2012 revenue into research and development. Altogether, SAS increased its workforce by 7 percent, ending 2012 with 13,442 employees worldwide.
INCREASES ACROSS REGIONS, CATEGORIES
Revenue grew worldwide despite continuing economic uncertainty in some regions. The Americas generated 47 percent of SAS' total revenue; Europe, Middle East and Africa (EMEA) 41 percent; and Asia Pacific 12 percent.
In SAS' traditionally strong categories, such as analytics and business intelligence, increases outpaced the overall growth rate. Customer intelligence, fraud detection, risk management, and supply chain posted double-digit growth. SAS Solutions OnDemand revenue jumped 15 percent, indicating customers' trust in software-as-a-service (SaaS) and enterprise hosting solutions from SAS. Revenue in the communications, education, energy and utilities, financial services, health care, hospitality and travel, life sciences, manufacturing, public security and retail industries all grew.