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SmartData Collective > Big Data > Data Warehousing > SAS: Great Revenues in a Bad Economy
Business IntelligenceData Warehousing

SAS: Great Revenues in a Bad Economy

DougLautzenheiser
DougLautzenheiser
2 Min Read
SAS: Great Revenues in a Bad Economy
Illustration generated with FLUX.2 [klein 4B] via Cloudflare Workers AI.
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Jim Goodnight, the CEO of SAS, is happy. Not only did Gartner rank his company as a leader in the Enterprise BI Platform category, he saw a 5% revenue increase over the previous year and 2600 new customers.

In their February 2009 press release, SAS reported $2.26 billion in 2008 revenues. Goodnight says,

We achieved our 33rd year of revenue growth in the worst economy most can remember. This growth is a direct result of being a stable privately held company, which allows us to invest in long-term relationships with employees and customers.

Unliked some other BI software vendors, SAS created new jobs. At the end of 2008, SAS employed over 11K individuals, an increase of 3.5% from 2007 (240 people joined the SAS ranks as part of the acquisitions of Teragram and IDeaS Revenue Optimization).

You can read the entire press release on SAS’s website.

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