|By Business Wire||
|April 23, 2012 08:05 AM EDT||
To stay agile, today’s top organizations must find optimal ways to gain insights from big data in shorter periods of time. With key partners like Teradata (NYSE: TDC), SAS, the leader in business analytics software and services, helps customers uncover innovative approaches to getting the answers they need. At a luncheon held during the 2012 SAS Global Forum, these two powerhouses will discuss with customers the big data trends and pressures organizations face and the opportunities that evolve from those pressures.
SAS addresses big data issues by combining industry-leading analytics software with high-performance analytics technologies to produce fast and precise answers to seemingly unsolvable problems – enabling customers to gain greater competitive advantage.
“Getting faster answers reveals previously unseen patterns, sentiments and relationships that can transform the way a company works — opening doors to new opportunities, catching fraud faster, and addressing customer needs even before they are identified by the customer,” said Russ Cobb, Vice President of Alliances and Marketing at SAS. “SAS High-Performance Analytics supports customers in their ongoing analytic endeavors no matter how big their big data demands get, or how complex analysis needs become.
“More than a thousand companies worldwide use Teradata analytic database-driven solutions, and one recently reported ROI of a million dollars a day. Big data analytics at this level of magnitude has transformed the way business is done,” said Bill Franks, Chief Analytics Officer for Teradata Alliances and author of a new book, Taming the Big Data Tidal Wave: Finding Opportunities in Huge Data Streams with Advanced Analytics. “At a time when a growing number of Teradata customers are meticulously analyzing petabytes of data to create insights, joining our technology with SAS Analytics means we are well prepared to take on the biggest and most complex analytic challenges in the world with our robust product line and partnerships.”
Customers attending the luncheon on Monday will participate in an interactive discussion and analytics challenge, where the discussions will be animated in real time by Matter Solutions.
Today’s announcement was made at SAS Global Forum, the world’s largest gathering of SAS users, attended by more than 3,400 business and IT users of SAS software and solutions.
Background on big data
Big data – when the volume, velocity and variety of your data exceeds your storage or computing capacity. That means big challenges – but even bigger opportunities for achieving unprecedented business value. High-performance analytics holds the key.
Organizations looking for optimal ways to gain insights from big data in shorter reporting windows are turning to SAS. As the gold-standard leader in business analytics for more than 36 years, SAS frees enterprises from the limitations of traditional computing and enables them to draw instant benefits from big data.
SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 55,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world THE POWER TO KNOW®. SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2012 SAS Institute Inc. All rights reserved.
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