![]() Goodnight delivered the opening keynote of the conference, and noted that the world changed in 2020, including the acceleration of a trend which he believes the company is well-suited to address: the increased use of data and analytics to “turn insight into action.” ![]() Talk about the revenue surge broke Monday as SAS held an embargoed news briefing with reporters in advance of today’s SAS Global Forum, the largest SAS user event of the year, with attendees from around the world joining to hear about the latest products and developments. But he also noted that SAS was debt free, had built up reserves over its many years of profitability, and was ready to weather COVID. In an interview a year ago as the COVID-19 pandemic ravaged the global economy, Goodnight – the CEO – told Bloomberg news SAS might lose money. A recently launched marketing campaign also may add to the forward momentum.Įven the fact SAS noted it remained profitable in its new annual report with revenues of $3 billion came as a surprise to some, including Goodnight. The company also has remained profitable for 45 years, dating back to its founding in the days of Goodnight and Sall as educators at N.C. And the payoff – renewed growth – may be at hand as they have continued to invest in new and emerging technologies such as artificial intelligence and cloud computing.īuoyed in part by a growing partnership with Microsoft, SAS reportedly improved revenues by more than 7% in the first quarter. But SAS is privately held by billionaires Jim Goodnight and John Sall. ![]() CARY – Revenues have been flat or declined for five consecutive years at software giant SAS, something that would make any public company executive cringe.
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