Artificial Intelligence

Business analytics leader SAS to invest $1B in AI over next 3 years

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SAS investment in AI

The leading business analytics solutions provider—SAS, has announced a commitment to invest $1 billion in artificial intelligence (AI) over the next three years.

The investment will include new advanced AI technologies and solutions, education, expert services and more. SAS’s new commitment is aimed to prepare business leaders and data scientists for the future of AI, and to benefit customers around the world.

SAS provides AI software and services and empowers customers across 146 countries to transform data into intelligence. Recently, the company was named a leader in The Forrester Wave: Real-Time Interaction Management, Q1 2019.

SAS’s $1 billion investment in AI will focus on Research and Development (R&D), education, and expert services.

“At SAS, we remain dedicated to our customers and their success, and this investment is another example of that commitment,” said SAS CEO Jim Goodnight.

“With our innovative capabilities in AI, SAS helps businesses deter damaging fraud, fight the deadly disease, better manage risk, provide exemplary service to customers and citizens, and much more.”

First, investment in R&D will include all the core areas of AI. The company will integrate new AI capabilities into SAS Platform and solutions. These capabilities will focus on multiple industries, including financial services, government, health care, manufacturing, and retail.

It will be aimed to provide AI capabilities for data management, customer intelligence, fraud & security intelligence and risk management.

Second, investment in customer education and development initiatives is aimed to equip enterprises and business leaders for AI. As part of this, the company will educate them through SAS AI Accelerator Program, SAS Academy for Data Science, SAS Certified Professional in AI and Machine Learning, and SAS Analytics Center of Excellence.

Also read: Impact of artificial intelligence on roles of business leaders: Microsoft research

Lastly, the investment in expert services will include resources and talent, to help SAS customers optimize their return on AI projects.

Furthermore, SAS is continuing to expand its network of partnership with leading companies like Accenture, Cisco, Deloitte, Intel, and NVIDIA.

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