SAS tops worldwide advanced and predictive analytics market share

By Marcus Lawrence
Multinational analytics firm SAS continued to dominate the worldwide advanced and predictive analytics market in 2017, with an IDC-reported share of 30...

Multinational analytics firm SAS continued to dominate the worldwide advanced and predictive analytics market in 2017, with an IDC-reported share of 30.8%

SAS Platform, the core of its analytics software, enables customers to make data-driven business decisions.

The firm has also introduced transparent AI technology to its software package, aiding analytical accuracy and generating depth of interpretability.

In a statement from SAS, the company noted that it has “led in the predictive analytics category since IDC started tracking the market in 1997 and has exhibited growth every year”.

The firm credits this success with the quality and ease of use of its software which “allows users to develop in open source tools and then integrate their models into the SAS Platform”.

See more:

SAS also reinvests over twice the market average in research and development, devoting 26% of its US$3.24bn revenue in 2017 to the development of AI, IoT, data management, and analytics software.

Jim Goodnight, SAS’s CEO, said that the company is “not content to stand still”.

“A curiosity about what’s possible, and a passion for analytics shared with our customers, means ceaseless development in emerging areas like AI, machine learning, IoT, risk management, fighting fraud and more”.

SAS’s market share of 30.8% in 2017 led IBM at 12.4%, MathWorks at 11.1%, and Microsoft at 3.1%.

 

Share

Featured Articles

Building Cyber Resilience into ‘OT in Manufacturing’ webinar

Join Acronis' webinar, Building Cyber Resilience into ‘OT in Manufacturing’, 21st September 2023

Google at 25: From a Search pioneer to AI breakthroughs

Technology Magazine explores how the tech giant went from being based in a California garage to a pioneer in technologies from AI to quantum computing

McKinsey: Nine actions for CIOs and CTOs to embrace gen AI

McKinsey identifies nine actions to help CIOs and CTOs create value, orchestrate technology and data, scale solutions, and manage risk for generative AI

OpenAI ChatGPT Enterprise tier drives digital transformation

AI & Machine Learning

Sustainability LIVE: A must-attend for technology leaders

Digital Transformation

VMware and NVIDIA to unlock generative AI for enterprises

AI & Machine Learning