In 2020, SAS Institute (short for Statistical Analysis System) generated 50 percent of its software revenue in the Americas region. The company's revenue in that year was three billion U.S. dollars, of which SAS reinvested 27 percent in research and development. This share is significantly higher than with most other software companies.
SAS is one of the leading analytics software providers
With a share of almost 28 percent, SAS Institute is the leading vendor in the global advanced and predictive analytics software market, where SAS competes with IBM, MathWorks, Alteryx, and Microsoft for market share. SAS also holds single to double-digit percentages in all other segments of the overall big data and analytics software market, including BI and analytics tools, artificial intelligence software platforms, analytic data integration and integrity software, and customer relationship analytics applications. The company's share of the overall big data and analytics software market stands at around five percent, putting SAS amongst the top vendors in the market behind Oracle, Microsoft, SAP, IBM, and Salesforce.
90 percent of Fortune 500 companies use SAS products
The SAS Institute developed out of a project at the agricultural department at the North Carolina State University in the 1960s. The company's current CEO James Goodnight and other participants of the project established it as a private company in 1976. As of 2020, the company had 12,545 employees worldwide, selling and providing its software analytics products and services to customers in 145 countries. The company's software is installed at more than 82 thousand government, university, and business sites and is used by more than 90 percent of the top companies on the 2020 Fortune 500 list.
Share of SAS Institute's revenue in 2019 and 2020, by region
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SAS Institute. (May 15, 2021). Share of SAS Institute's revenue in 2019 and 2020, by region [Graph]. In Statista. Retrieved December 12, 2024, from https://www.statista.com/statistics/1173424/sas-revenue-shareby-region/
SAS Institute. "Share of SAS Institute's revenue in 2019 and 2020, by region ." Chart. May 15, 2021. Statista. Accessed December 12, 2024. https://www.statista.com/statistics/1173424/sas-revenue-shareby-region/
SAS Institute. (2021). Share of SAS Institute's revenue in 2019 and 2020, by region . Statista. Statista Inc.. Accessed: December 12, 2024. https://www.statista.com/statistics/1173424/sas-revenue-shareby-region/
SAS Institute. "Share of Sas Institute's Revenue in 2019 and 2020, by Region ." Statista, Statista Inc., 15 May 2021, https://www.statista.com/statistics/1173424/sas-revenue-shareby-region/
SAS Institute, Share of SAS Institute's revenue in 2019 and 2020, by region Statista, https://www.statista.com/statistics/1173424/sas-revenue-shareby-region/ (last visited December 12, 2024)
Share of SAS Institute's revenue in 2019 and 2020, by region [Graph], SAS Institute, May 15, 2021. [Online]. Available: https://www.statista.com/statistics/1173424/sas-revenue-shareby-region/