SAS is No. 1 in advanced and predictive analytics market share, says analyst report
SAS also leads in market share for analytic data integration software
CARY, N.C., Aug. 30, 2017 /PRNewswire/ -- SAS again tops all predictive and advanced analytics suppliers and data integration suppliers, according to the IDC report, IDC Worldwide Business Intelligence and Analytics Tools Software Market Shares, 2016: Here Comes the Cloud.1
SAS held a 30.5 percent market share for 2016 in the advanced and predictive analytics category, well over twice the market share of the next-closest competitor. SAS has led in this category since IDC started tracking the market in 1997. SAS has demonstrated continued growth every year in the category, with 2016 showing a 5 percent revenue growth.
"SAS has been able to retain authority in the advanced and predictive analytics market and continue to grow year over year," said Dan Vesset, Group Vice President of Analytics and Information Management at IDC. "This is not an easy feat given the rise in the number of competitors entering the market. SAS' deep roots in advanced analytics and commitment to R&D are two things that help SAS stay at the top of the category."
In addition, IDC ranked SAS as the 2016 market share leader for analytic data integration software with 21.9 percent market share.2
With 2016 revenue of $3.2 billion, SAS reinvests about twice the average of major technology firms back into R&D – 26 percent in 2016, a strategy designed to foster innovation. SAS has offices in 58 countries around the globe with a worldwide customer base of 83,000.
See all the newest SAS® Analytics offerings, running on the SAS Platform. The platform is built on a strategy of using analytical insights to drive business actions, and supports and accelerates every phase of the analytics life cycle – from data to discovery to deployment.
About SAS
SAS is the leader in analytics. Through innovative analytics, business intelligence and data management software and services, SAS helps customers at more than 83,000 sites make better decisions faster. Since 1976, SAS has been giving customers around the world THE POWER TO KNOW®. SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2017 SAS Institute Inc. All rights reserved.
1 Doc # US42072417, June 2017
2 IDC, Worldwide Analytic Data Management and Integration Software Market Shares, 2016: Growth Across Market Segments (Doc # US42755917, June 2017)
SOURCE SAS
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