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SAS Institute history
SAS Institute company history timeline
Goodnight, Barr, Sall and another early participant, Jane Helwig, founded SAS Institute Inc. as a private company on July 1, 1976, in offices across the street from the university.
Release of 1976 version of SAS.
By 1976 the software had 100 customers and 300 people attended the first SAS user conference in Kissimmee, Florida, that year.
As the staff grew, so did the list of customers, and by 1978 there were 21 employees and 600 SAS customer sites.
In 1979, SAS 82 integrated for support for the CMS operating system and introduced the DATASETS procedure.
In the 1980’s SAS software also was enhanced from the basic data management and statistics approach that displayed results in a very text- and number-centric format.
SAS started building its current headquarters in a forested area of Cary, North Carolina in 1980.
SAS version 4 was released in 1984 and had limited features, but it made SAS more accessible.
By 1984, SAS had begun building a fitness center, medical center, on-site cafe and other facilities.
SAS version 5 was released in 1986 and introduced a complete macro language, array subscripts and a full- screen interactive user interface called display manager.
SAS version 7 was released in 1988 with more output options and with UNIX, Windows and z/OS and Linux supported operating systems.
The company began its relationship with Microsoft and development for Windows operating systems in 1989.
In 1991, SAS struck a formal business partnership with Intel, one of the world’s leading computer chip manufacturers.
In 1993, the Institute experimented with the most extensive usability test ever performed on software.
The result of this deal was the delivery of releases of the SAS System for Windows and Windows NT in 1993.
According to the company’s 1993 annual report, 95 percent of Fortune 500 companies that licensed SAS software that year elected to renew their licenses.
In 1993, SAS Institute completed the development of an internal compiler that exploited the ground-breaking "Pentium" processor.
It grew more than ten percent per year from $10 million in revenues in 1980 to $1.1 billion by 2000. It had the highest ratio of its revenues spent on R&D in the industry for eight years, setting a record of 34 percent of its revenues in 1993, as it was working on a new menu-based interface.
In 1994, the company could boast over 3 million users in 120 countries, 12 United States regional offices, subsidiaries in 29 nations, and distributors in 20 others, and over 3,000 employees worldwide.
SAS Institute, Inc., SAS Communications, First Quarter 1994.
A subsidiary was established in India in 1997.
An education division was created in 1997 to create software for schools, including the newly formed Cary Academy.
SAS version 8 and SAS EM (Enterprise Miner) were released in 1999.
Sales passed $1 billion in 1999.
In 2000, Fortune ranked SAS as America's second best place to work.
O'Reilly, Charles, and Jeffrey Pfeffer, Hidden Value: How Great Companies Achieve Extraordinary Results with Ordinary People, Cambridge, Mass.: Harvard Business School Press, 2000.
SAS funded its first advertising program in 2000 with a $30 million television and radio campaign.
Heightened interest in security and financial fraud following the terrorist attacks on September 11, 2001, was opening up new markets.
The company's logo and corporate identity were updated in time for its silver anniversary in 2001.
After two dozen years of double digit growth, sales were flat in 2001 at $1.1 billion.
In 2003 the Bank of America Foundation purchased and donated licenses for the software to 400 schools in North Carolina.
SAS version 9 was released in 2004 which was dubbed as “Project Mercury” and was designed to make SAS accessible to a broader range of business users.
SAS introduced its first reseller program intended to grow sales with small to medium-sized businesses in 2006.
Leading up to 2007, SAS provided funding and curriculum assistance to help start the Master of Science in Analytics program at nearby North Carolina State University.
SAS Beginnings talk at NCSU April 21, 2010
In March 2014, SAS launched its SAS Analytics U initiative to provide free foundational technologies and support to teachers and students.
SAS has introduced Free University Edition in 2014, which can be downloaded by anyone for non- commercial use.
The company's cloud-based products grew in revenues by 35 percent in 2014 and the construction of Building Q was completed late that year to house its corresponding operations.
In India, around 2 lakh Data Analytics jobs are supposed to create in 2020.
In July 2021, the Wall Street Journal reported that the semiconductor giant Broadcom was in talks to acquire SAS. In a July 13, 2021 email, SAS CEO Jim Goodnight stated that the company was not for sale.
Bilas, Wendy; Ingram, Frederick "SAS Institute Inc. ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/sas-institute-inc
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SAS Institute competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| IDeaS Revenue Solutions | 1989 | $3.1B | 13,939 | - |
| FICO | 1956 | $1.7B | 4,003 | 43 |
| EXL | 1999 | $1.8B | 37,000 | 367 |
| PTC | 1985 | $2.1B | 6,055 | 125 |
| Net at Work | 1996 | $75.0M | 150 | - |
| RagingWire Data Centers | 2001 | $6.0M | 75 | - |
| F5 | 1996 | $2.8B | 6,550 | 203 |
| eGroup | 1999 | $4.2M | 50 | - |
| Savi Technology | 1989 | $25.0M | 200 | 5 |
| BitTitan | 2007 | $103.0M | 120 | - |
SAS Institute history FAQs
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SAS Institute may also be known as or be related to SAS Institute, SAS Institute BV, SAS Institute Inc, SAS Institute Inc. and Statistical Analysis System.