Agency / Source: SAS Institute, Inc.

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

SAS Announces $1 Billion Investment in Artificial Intelligence (AI) - Commitment includes new advanced AI technologies and solutions & AI Accelerator Program offering skills and support - SAS.com
SAS Announces $1 Billion Investment in Artificial Intelligence (AI)

 

PRZOOM - /newswire/ - Cary, NC, United States, 2019/03/18 - Commitment includes new advanced AI technologies and solutions & AI Accelerator Program offering skills and support - SAS.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Engineering / Artificial Intelligence Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

SAS, driving the future of analytics, is investing $1 billion in AI over the next three years through software innovation, education, expert services and more. The commitment builds on SAS’ already strong foundation in AI which includes advanced analytics, machine learning, deep learning, natural language processing (NLP) and computer vision. Educational programs and expert services will equip business leaders and data scientists for the future of AI, with the technology, skills and support they need to transform their organizations.

“At SAS, we remain dedicated to our customers and their success, and this investment is another example of that commitment,” said SAS CEO Jim Goodnight. “With our innovative capabilities in AI, SAS helps businesses deter damaging fraud, fight deadly disease, better manage risk, provide exemplary service to customers and citizens, and much more.”

The $1 billion investment in AI will focus on three main areas: Research and Development (R&D) innovation where SAS continues to build on the success of its global AI efforts; education initiatives addressing customer needs to better understand and benefit from AI; and expert services to optimize customer return on AI projects.
R&D Innovation

SAS is investing in R&D innovation in all core areas of AI, with a special focus on making it easy for users with different skill levels to benefit from business experts to data engineers to data scientists. SAS is embedding AI capabilities into the SAS Platform and solutions for data management, customer intelligence, fraud & security intelligence and risk management, as well as applications for industries including financial services, government, health care, manufacturing and retail.

SAS continues to partner with innovative companies and leading technology providers like Accenture, Cisco, Deloitte, Intel and NVIDIA. This work brings the latest advances and practices in AI and machine learning to customers, and ensures SAS AI technologies perform optimally in customers’ hardware and cloud environments.

SciSports, an innovative Dutch sports-analytics startup, is applying computer vision from SAS to data streaming from soccer, or football, matches. SAS AI technology running on NVIDIA GPUs delivers in-game insights to coaches and managers. By capturing and analyzing this and other data, football clubs can improve many aspects of “the beautiful game,” including in-game strategy, player recruitment and the fan experience.

“The reason SAS tops the revenue list for advanced analytics for the last five years is that SAS solutions are built on a foundation of machine learning and deep knowledge of analytics. These are part of SAS’ DNA,” said Dave Schubmehl, Research Director for Artificial Intelligence at IDC. “Combining SAS’ knowledge and technology with its continued push to innovate in computer vison, NLP and deep learning will drive further adoption of AI across multiple industries. And it will help companies interested in AI whether early in their AI and analytics life cycle or more mature.”
Customer Education and Development Initiatives

Customer education and development initiatives such as the new SAS AI Accelerator Program will focus on helping organizations and professionals get AI-ready at any level. SAS will offer:

• Tailored curricula to help organizations improve their AI skills. This will include e-learning like the SAS Academy for Data Science, and in-person training in AI technologies, best practices and more.
• Certification programs that help analytics professionals and data scientists earn the valuable credential of SAS Certified Professional in AI and Machine Learning. This will make them even more marketable to companies seeking AI talent.
• The SAS Analytics Center of Excellence, a group of PhDs and advanced experts in AI, machine learning, NLP, computer vision, optimization, simulation and related data science skills. These SAS experts are dedicated to supporting customer AI implementations from well-established applications to first-of-a-kind innovation.

Resources and talent are also part of the investment. SAS will augment its AI expertise through additional resources in Professional Services, Centers of Excellence, Education and R&D.

AI and Analytics in Action

As the latest addition to the SAS smart campus project, SAS’ newest headquarters building, a 420,000 sq. ft. tower which hosts the new Global Education Center, uses the latest innovations in AI and machine learning to connect performance with business results. The new building features thousands of IoT connected sensors embedded in chillers, boilers and air handlers that monitor water and energy use. Through neural networks using SAS Event Stream Processing, the SAS facilities team will track sensors and systems performance in real time to enhance predictive maintenance (identifying equipment problems before they become major) and optimize energy and water usage. Underscoring SAS’ commitment to sustainability, nearly half of the new building’s power is supplied by the adjacent SAS Solar Farm.

Among the many customers using AI and machine learning from SAS are:

• Connexions Loyalty works with top brands on customer-loyalty programs serving more than 200 million people worldwide. The company relies on a SAS AI-powered personalization engine to better market to and improve the loyalty of its clients’ customers.

• Daiwa Securities created a SAS AI-powered recommendation system for its sales representatives. The system analyzes and predicts changes for each customer, recommending the most suitable product or appropriate follow-up messages to engage customers and reduce churn.

• Volvo and Mack Trucks uses AI solutions from SAS to analyze IoT data streaming from big rigs, and then offer predictive maintenance insights that help fleets to keep on trucking.

More information on SAS and AI will be shared by SAS CTO and COO Oliver Schabenberger at the NVIDIA GPU Technology Conference in San Jose on March 19, in his keynote “AI: Technology's Inevitable Consequence.”

About SAS

SAS (sas.com) is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Engineering / Artificial Intelligence Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: SAS Institute, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Engineering / Artificial Intelligence articles,
CATCH Visitors via Your Competitors Announcements!


SAS Announces $1 Billion Investment in Artificial Intelligence (AI)

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Artificial Intelligence | SAS
Contact: Angela Lipscomb - SAS.com 
919-531-2525 angela.lipscomb[.]sas.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any SAS Institute, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Engineering / Artificial Intelligence via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From SAS Institute, Inc. / Company Profile


Read Engineering / Artificial Intelligence Most Recent Related Press Releases:

ABB Enables Modernization of Steel Rolling Mill in Spain and Deploys Augmented Reality for Remote Testing
Oracle Announces New AI Services for Oracle Cloud Infrastructure
Frost & Sullivan Recognizes Windward with the 2021 Entrepreneurial Company of the Year Award for Powering the Maritime Ecosystem with AI
Oracle Announces New AI Services for Oracle Cloud Infrastructure
Rapid Expansion of 5G Network Rollout Drives the Global 5G Materials Market Notes Frost & Sullivan
ABB Completes Divestment of Mechanical Power Transmission Division (Dodge)
Omega Simulation Releases New Version of OmegaLand Integrated Environment for Dynamic Simulation
ABB Invests in Building Technology Startup BrainBox AI
Plataine Wins Frost & Sullivan’s Global Technology Innovation Leadership Award for its AI-Based Digital Assistants for Manufacturing
Softnautics Expands of its Operational Capability with State-of-the-Art Office in Ahmedabad, India

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  RightITnow, Inc.

Visit  BizJobs.com







 
  ©2021 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today