SAS to invest $1 billion in artificial intelligence
SAS is investing $1 billion in AIover 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 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 & 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 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.
Customer education and development initiatives such as the new SAS AI Accelerator Program will focus on helping organisations and professionals get AI-ready at any level. SAS will offer tailored curricula to help organisations 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.
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 optimise 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.