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SAS announces $1 billion investment in Artificial Intelligence

SAS announces $1 billion investment in Artificial Intelligence

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Commitment includes new advanced AI technologies and solutions and AI Accelerator Program offering skills and support. 

SAS is investing $1 billion in AI over the next three years through software innovation, education and expert services.

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 programmes 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 organisations.

“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 optimise customer return on AI projects.

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 and security intelligence and risk management, as well as applications for industries including financial services, government, health care, manufacturing and retail.

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