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SAS global revenue up 5.1% at $2.26 bn

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Press Trust of India Mumbai

US-based SAS has said it logged a global revenue of $2.26-billion in 2008, up 5.1 per cent over the previous year.

The company's Indian arm, SAS India, grew more than twice that of the industry average, it said in a press release.

"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," SAS CEO Jim Goodnight said.

The company provides business analytics software and services.

He said that the company's strongest growth was in analytics, data-mining and solutions, which helps organisations manage risk and optimise processes.

 

SAS India has been ranked a leader in the Advanced Analytics market with a market share of 55 per cent in terms of revenue.

The growth of the business analytics market in India proves the necessity for organisations to use analytics as a strategic competitive differentiator, SAS India CEO and Managing Director Sudipta Sen said.

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First Published: Feb 24 2009 | 2:40 PM IST

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