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SAS announces $1 Billion investment in Artificial Intelligence (AI)CARY, N.C., March 17, 2019 /PRNewswire/ -- 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 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 ar 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 vision, 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
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 Among the many customers using AI and machine learning from SAS are:
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 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 © 2019 SAS Institute Inc. All rights reserved. Editorial Contact: View original content to download multimedia:http://www.prnewswire.com/news-releases/sas-announces-1-billion-investment-in-artificial-intelligence-ai-300813597.html SOURCE SAS |