By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics in sports industry
    Here’s How Data Analytics In Sports Is Changing The Game
    6 Min Read
    data analytics on nursing career
    Advances in Data Analytics Are Rapidly Transforming Nursing
    8 Min Read
    data analytics reveals the benefits of MBA
    Data Analytics Technology Proves Benefits of an MBA
    9 Min Read
    data-driven image seo
    Data Analytics Helps Marketers Substantially Boost Image SEO
    8 Min Read
    construction analytics
    5 Benefits of Analytics to Manage Commercial Construction
    5 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: SAS Vertical Strategy
Share
Notification Show More
Latest News
data analytics in sports industry
Here’s How Data Analytics In Sports Is Changing The Game
Big Data
data analytics on nursing career
Advances in Data Analytics Are Rapidly Transforming Nursing
Analytics
data analytics reveals the benefits of MBA
Data Analytics Technology Proves Benefits of an MBA
Analytics
anti-spoofing tips
Anti-Spoofing is Crucial for Data-Driven Businesses
Security
ai in software development
3 AI-Based Strategies to Develop Software in Uncertain Times
Software
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Mining > SAS Vertical Strategy
Business IntelligenceData MiningDecision Management

SAS Vertical Strategy

JamesTaylor
Last updated: 2011/03/07 at 8:36 PM
JamesTaylor
3 Min Read
SHARE

Focus of the presentation from Russ Cobb was Banking, Insurance, Retail and Government.

Banking first. Lots of releases this year primarily around Enterprise Risk Management, Governance Risk Compliance, Customer intelligence, fraud and financial crime solutions. Key customer issues for SAS in banking:

Focus of the presentation from Russ Cobb was Banking, Insurance, Retail and Government.

More Read

cloud based supply chain management

Cloud-Based Supply Chain Risk Management Is Key To A Company’s Future

Data Scalability Raises Considerable Risk Management Concerns
How Big Data Is Shaking Up the Manufacturing Supply Chain
Private Clouds Are Here to Stay—Especially for Data Warehousing
The Softer Side of Risk Management Means Fewer Analytics

Banking first. Lots of releases this year primarily around Enterprise Risk Management, Governance Risk Compliance, Customer intelligence, fraud and financial crime solutions. Key customer issues for SAS in banking:

  • Customer Growth
    How do you identify, grow and manage your most profitable customers. Big focus for banks, especially retail banks, particularly in the new risk environment post-meltdown.
  • Enterprise Risk
    What will Basel III mean, how do you tie product-risk to customer-centric growth so you don’t offer credit that fails risk
  • Governance and Compliance
  • Fraud
    Big focus for SAS across the board, especially in financial services. Often a great start point as it generates a return that can then be reapplied to new areas
  • Efficiency

Insurance next. Roadmap includes an extensible insurance data model and Solvency II support in Risk Management for Insurance. Many of the same basic products as for banking, just tailored for insurance. Check out my recent webinar on top issues in insurance for my thoughts on this. Key issues for customers:

  • Premium Revenue
    Particularly in an era of very transparent pricing in P&C.
  • Regulatory uncertainty
    Around the new Dodd Frank Act’s new Federal organization.
  • Product pricing
    The right risk at the right price
  • Claims Expense Reduction
    A big focus – check out the claims white paper to see how you can move from “claims recovery” to up-front claims assessment.

Retail highlights include focus on optimization across price, promotion, markdown and size. Retail forecasting also a focus area. Key customer issues:

  • Customer Insight
  • Merchandise Analytics
  • Optimization
  • Forecasting across the enterprise
  • Loss prevention

Final area of focus is Government. Key issues:

  • Fraud
    In tax and other areas
  • Healthcare
    Especially in reducing fraud
  • Intelligence
  • Workforce planning and forecasting
  • Criminal Justice
    In state and local, integrating data from multiple sources particularly like the North Carolina example discussed in the panel I moderated last year.
  • Unified citizen outcomes
    Again, state and local.
Previous in series Next in series
Copyright © 2011 http://jtonedm.com James Taylor

TAGGED: risk management
JamesTaylor March 7, 2011
Share this Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

data analytics in sports industry
Here’s How Data Analytics In Sports Is Changing The Game
Big Data
data analytics on nursing career
Advances in Data Analytics Are Rapidly Transforming Nursing
Analytics
data analytics reveals the benefits of MBA
Data Analytics Technology Proves Benefits of an MBA
Analytics
anti-spoofing tips
Anti-Spoofing is Crucial for Data-Driven Businesses
Security

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

cloud based supply chain management
Cloud Computing

Cloud-Based Supply Chain Risk Management Is Key To A Company’s Future

7 Min Read
data scalability
AnalyticsBest PracticesBig DataData ManagementData QualityExclusiveRisk Management

Data Scalability Raises Considerable Risk Management Concerns

6 Min Read
supply chain and big data
Big DataRisk ManagementWorkforce Data

How Big Data Is Shaking Up the Manufacturing Supply Chain

9 Min Read

Private Clouds Are Here to Stay—Especially for Data Warehousing

6 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?