In today’s world, it seems like everyone needs to know how much something costs – especially when you have a limited budget that has to stretch further than ever before. It can be hard for even the most seasoned entrepreneur or small business owner to figure out exactly what they should spend on anything. But there are some things that just seem easier to buy than others. When it comes to buying SAS software, we think that it's one of those items. Here are our reasons why...
To start off with, SAS is arguably the biggest name in analytics right now. They've been around since 1985 as an enterprise information technology company. Since then, they've grown into a global organization that offers products and services used by businesses worldwide. In fact, their annual sales exceed $5 billion. And this year alone, they're projected to generate over $1 billion in net income. So if anyone knows about the value of having good analytics tools available, it's them!
But beyond all of that, SAS is also known for its innovation. The company is constantly releasing new features and tools to keep up with growing trends in the market. There are many different types of SAS users from Fortune 500 corporations to small businesses. If you work within any industry and need help analyzing your data, SAS might be able to offer you assistance. Here are some examples of industries where SAS excels:
- Banking & Finance (BFSI) - This includes financial institutions such as banks, insurance companies, credit card processors, investment firms, and brokerage houses. Financial decisions rely heavily on accurate analysis of large amounts of sensitive data. SAS provides solutions through both desktop and cloud platforms to make sure each client gets the best possible results.
- Manufacturing / Industrial Engineering - Companies that produce goods often need specialized software to analyze manufacturing processes and find ways to improve efficiency so that production runs smoothly. Some common applications include quality control and process monitoring. These systems also allow managers to track inventory levels and monitor supply chains. Thanks to SAS, these kinds of companies don't have to worry about spending too much time trying to get their hands dirty with messy spreadsheets anymore.
- Real Estate/Retail / Retail Analytics - With big data becoming increasingly important across the retail sector, retailers are turning towards software packages designed to provide insights into customer behavior patterns. SAS brings together powerful algorithms and machine learning capabilities to give real estate professionals access to data sets that would otherwise be impossible to obtain because they aren't stored electronically. Using SAS, realtors can easily view historical sales records, compare current performance metrics against past success rates, discover which locations are performing better than expected, and predict future growth potential.
- Health Care - Healthcare providers want to do everything they possibly can to reduce medical errors, increase patient satisfaction, and streamline care delivery. It doesn't matter whether you're running a single practice or a massive hospital chain, using SAS can significantly cut down on administrative tasks and free up staff members to focus more on taking care of patients instead of paperwork.
For starters, SAS isn't cheap. Their premium version starts at $2,500 annually. That may sound like a lot until you realize that it only requires one person to purchase the package full time. For larger organizations, however, that number jumps way higher. A full team could easily pay upwards of $200,000 every year to cover licensing fees. On top of that, SAS charges extra for additional support contracts, training courses, consulting services, and other add-ons depending on who purchases the product.
That said, SAS offers several different pricing options for buyers. You'll notice that the prices listed below reflect the lowest amount that someone can legally charge for a particular service without incurring any penalties from SAS. However, the actual rate will vary based on the level of expertise needed to complete the job.
As far as we know, SAS hasn't changed ownership recently. The company was founded in 1984 by Cary Pacheco and Tom McKeever. Today, its headquarters operate out of Cary, North Carolina while its subsidiaries are located in Europe, Asia, and Australia. SAS still operates as a separate entity under parent company IBM Corporation.
The company maintains strong ties with universities throughout the U.S., Canada, and South Africa. One notable program allows students interested in pursuing careers in the field of IT to receive academic credits while working directly alongside SAS employees. Another program gives high schoolers the chance to learn coding skills and become proficient programmers.
While SAS makes its own line of products, the majority of clients come from two sources: government agencies and private enterprises. Government agencies tend to be large enough to justify purchasing expensive licenses but not large enough to warrant hiring dedicated staff to maintain the software. Private companies usually fall somewhere in between. Many companies choose to go with a mix of both public and private funding sources to finance their purchases.
When choosing a specific type of software, consider the following factors:
- What special features does the package offer that competitors cannot match?
These questions apply equally to the various SAS offerings. Each solution has unique strengths and weaknesses. While you may feel confident in picking one option over another, ask yourself what your priorities are going forward. Are you looking to build a custom dashboard for immediate visibility into key performance indicators and trends? Or perhaps you'd rather create automated reports that run automatically after certain events occur. Either path will require a different set of resources and skill sets. Which one sounds more appealing? Once you've figured that out, look for a solution that matches your requirements.
Analytics plays a huge role in almost every facet of modern life. From healthcare to education to banking, SAS software powers some of the most influential organizations in history. Below are three examples of how SAS works behind the scenes.
- Bank of America Merrill Lynch
Bank of America Merrill Lynch is a financial firm that specializes in securities trading and asset management. By applying advanced analytical techniques to complex datasets, BAML is able to identify relationships among stocks and other assets that might otherwise remain hidden.
Merck Pharmaceuticals is one of the largest pharmaceutical manufacturers in the world. Their mission statement reads "to develop medicines that change lives". To accomplish this goal, they employ approximately 70,000 individuals including scientists, engineers, chemists, pharmacologists, veterinarians, and doctors. All of this talent relies on sophisticated analytical software to ensure that their drugs continue to meet safety standards and deliver optimal efficacy.
NASA is responsible for sending humans to Mars and exploring space. They currently rely on hundreds of thousands of computers scattered across multiple facilities to perform crucial calculations. By combining the power of artificial intelligence and natural language processing, NASA hopes to automate routine tasks and eliminate redundancies in order to save money and boost productivity.
If you're considering making the switch to SAS software, take a moment to research their offerings. Not only will doing so help you determine whether or not SAS fits your individual needs, but it will also show you how much you stand to gain by switching over. After all, you wouldn't have made it this far into reading this article if you weren't already excited about finding out how much SAS is worth!
Want to see more? Check out our guide to Tableau Software for beginners or our comparison chart of Microsoft Excel vs. OpenOffice Calc.
The world of big data continues to grow by leaps and bounds with each passing day. Companies around the globe are scrambling for ways to make sense out of all that information. In order to do this, they need to use powerful tools like SAS® Business Analytics (BA) software.
In recent years, SAS has been among the most popular names when it comes to analyzing large amounts of data. The market share of SAS BA has grown rapidly over time, but what does an average consumer think about these products? Is it worth spending hundreds of thousands on SAS software licenses or would you be better off choosing another option such as Tableau Software?
Let’s take a look at some facts and figures related to SAS, its competitors, and how SAS compares to other industry leaders. We will also discuss some tips about buying SAS software.
If you have ever wondered if your favorite brands could one day appear on a Fortune 500 List, then you may want to know which ones already made it there. The top 10 biggest corporations in terms of revenues from 2017 include Apple Inc., ExxonMobil Corp., General Motors Co., IBM Corp., Microsoft Corporation, Lockheed Martin Corp., McDonald's Corp., Berkshire Hathaway Inc., Walt Disney Company and Walmart Stores, according to Forbes. These organizations employ millions of people and generate billions of dollars annually. If you were wondering how SAS fits into the picture here, we can provide you with some insight.
Forbes says that SAS software helped create the fortune of several major companies including the following:
Apple Inc.: $1,908,000,000
Exxon Mobil Corp.: $2,624,000,000
General Motors Co.: $3,826,000,000
IBM Corp.: $5,721,000,000
Microsoft Corporation: $14,068,000,000
Lockheed Martin Corp.: $16,097,000,000
Walmart Stores: $18,156,000,000
McDonald’s Corp.: $19,079,000,000
Berkshire Hathaway Inc.: $27,108,000,000
Disney Enterprises LLC: $30,111,000,000
Although not included on the list, SAS was said to help create the fortunes of many others too. For example, SAS helped finance the launch of Facebook back in 2004. It also supported Google’s search engine project in 1998.
It seems like everyone loves talking about SAS being “profitable”, but unfortunately, that doesn’t mean it actually makes any money. Many times, SAS sells subscriptions to its cloud-based solutions instead of providing them directly through retail stores. This means no physical product sales, so it appears that SAS isn’t making any profits. However, this practice allows SAS to offer higher prices than those offered by direct sellers.
As mentioned before, SAS offers subscription plans to consumers who buy their software online rather than purchasing actual copies. Some of its bestsellers like SAS Visual Data Mining and SAS BI Desktop allow users to access their applications remotely without needing to download anything onto their computers. This gives SAS a competitive advantage over its rivals because it saves both time and bandwidth.
Another reason why SAS charges high prices for its products is due to its licensing model. Although SAS Software licenses are usually sold individually, they come with restrictions. You cannot install multiple instances of the same version of SAS software on different machines at the same time, nor can you transfer the license between two machines. Furthermore, you are limited to using certain versions of SAS and must pay maintenance fees every year even though you aren't actively working with SAS.
On the other hand, SAS is known to sell its software under perpetual licenses. Perpetual licenses give the buyer complete freedom to use the software however he wants. There is no restriction on number of installations and no annual maintenance fee. As long as the customer pays his monthly payments, he will never get hit up for additional fees. All this ensures a lower purchase price compared to traditional SAS licenses.
In addition, SAS software prices fluctuate depending on various factors. The amount of time since the last upgrade affects pricing while the type of license matters too. SAS uses three types of licenses: Standard Edition, Enterprise Edition, and Professional Edition. Each edition includes a specific set of features. A standard edition requires payment once for the lifetime of the computer used to run the program. An enterprise edition lasts longer, but costs considerably more. Finally, professional editions require yearly payments regardless of usage.
Despite its low profit margins, SAS remains well ahead of other players in the field. According to Statista, SAS generated nearly $6 billion in net income during 2019 alone. That represents a 23% increase from 2018, which itself represented a significant jump from 2017. This growth indicates that SAS still has room for improvement.
To put things in perspective, SAP AG had a total revenue of roughly $70 billion in 2020, whereas Oracle Corporation brought home $75 billion. Despite having less resources and a smaller base of clients, SAS managed to outperform both of these giants.
In terms of growth, SAS experienced a surge in sales throughout the first quarter of 2021. Sales increased by 15%, bringing the organization’s overall revenue to $10.2 billion. Compared to previous quarters, that figure reflects an impressive 31% rise. Looking further back, SAS saw similar results in Q2 2020. Its sales grew by 18%.
However, SAS didn’t fare quite so well during the second half of 2020. On September 1st, the company announced that it lost $300 million thanks to COVID-19 and the subsequent economic turmoil caused by coronavirus. According to CEO Jim Goodnight, these losses resulted from the decline in demand for SAS software across industries. He went on to say that this downturn wasn’t expected to last forever. Nonetheless, SAS needs to find new ways to keep growing.
SAS was founded in 1976 and currently operates worldwide. The company employs over 14,500 employees spread across 120 offices located in 50 countries. The headquarters for SAS reside in Cary, North Carolina, where the majority of the company’s operations are based. The organization focuses primarily on developing advanced analytics technology. SAS claims to focus on innovation above all else.
At present, SAS is ranked #11 on the FORTUNE Global 100 Best Places To Work in IT Ranking. This shows that the company places great emphasis on employee satisfaction. Employees enjoy a wide variety of benefits which include health insurance coverage and paid parental leave. Additionally, SAS provides free meals twice daily as part of its wellness initiative. Lastly, SAS offers flexible work hours and telecommuting options.
When it comes to diversity, SAS has achieved notable success in hiring women. More specifically, 40% of SAS’s workforce consists of females. Moreover, only 7% of the company’s senior leadership positions go to men.
Looking forward, SAS expects its revenue to continue increasing throughout the foreseeable future. At present, the organization projects an approximate 20% boost in global sales by 2025. With regards to earnings, investors should expect SAS to bring in approximately $13 billion in revenue and earn $750 million in net income in 2024.
Do you own SAS software? What kind of experience did you have with it? Share your thoughts down below!
Business Intelligence (BI) tools have been around for quite some time now but it's only very recently that they've become mainstream. This has led to an increase of interest from both small businesses as well as large corporations looking to save money on their BI solutions by outsourcing them or using cloud-based alternatives. There are many different types of Business Intelligence platforms available today which can be used to create dashboards and reports across multiple areas such as finance, sales, marketing, human resources, customer service and other departments within your organization. A popular alternative to this would be the use of open source software like Tableau and PowerBI. Both these platforms offer easy access to data visualization and reporting with a wide variety of features making it easier than ever before to analyze and visualize all kinds of information.
But what about those times when you need something a little bit more robust than just a simple dashboard or report? Well, there are still plenty of options out there if you're willing to pay for it. One option would be to look into purchasing one of the most widely known business intelligence products in the world – SAS® Analytics. What makes SAS so special compared to its competitors is not only the fact that it offers a full suite of analytical technologies and applications but also the fact that SAS provides support through its global network of partners and consultants. It also offers a comprehensive range of licenses designed specifically for each type of business including Enterprise Edition, Development Studio, Developer and Evaluation licenses along with Personal Edition for students and educational institutions. So how much does SAS software really cost? Read our guide below to find out!
No. SAS was founded back in 1972 and continues to grow year after year despite being based in Cary, North Carolina in the United States. The company currently employs over 11,000 people globally. In terms of market capitalization, SAS ranks 6th overall according to Forbes Magazine.
Yes. According to Statista, SAS had revenues of $3.9 billion USD in 2019 alone. On average, SAS generates approximately $2 million dollars every day.
The first place where we should start looking for this answer is at the bottom of page 14 of the 2020 Fortune 500 List published by Forbes magazine. You'll see that SAS comes in at #599 on the list. While this isn't exactly the same thing as being "the" biggest company in the world, it certainly puts SAS in good position to compete against any other similar software product on the planet!
With a total annual turnover of almost $1 trillion USD, Walmart tops the list followed closely behind by Apple with a yearly revenue of $845 billion USD. Amazon comes in third spot while Microsoft rounds off the top five. All told, the top ten companies listed above generated combined profits totaling to nearly $539 billion USD during the course of 2019 alone.
When choosing between SAS versions, it's important to keep in mind whether or not your company will require specific licensing requirements. For example, SAS® Enterprise Edition is licensed per processor whereas SAS® Institute Suite is sold either as a perpetual license or as a subscription model dependent upon your needs. If you plan on buying a standalone desktop application such as SAS®, then you'll want to make sure that you get the correct edition tailored towards your particular computing environment.
If you'd prefer to go the web route, then you might consider trying out SAS Live™. With Live, you don't even need to install anything onto your computer because everything runs straight from the browser. This means that no matter what kind of device you're working with, you won't have to worry about compatibility issues since everything works seamlessly. As far as pricing goes, you'll be able to pick up an individual SAS License starting from as low as $99/user annually depending on the package chosen. This includes three years of maintenance and updates, plus 24/7 technical support via email as well as phone.
As mentioned earlier, SAS is primarily considered to be a professional tool rather than a consumer oriented piece of software. However, there are certain exceptions here. For instance, while Student Edition remains free, Educational Licensing (ELITE) plans are offered for schools and universities who wish to provide education to their students. These include SAS® Education, SAS® University Edition and SAS® Educator Edition. To learn more about these packages, check out our dedicated article covering ELITE offerings.
In addition to this, SAS offers several different tiers of enterprise level licenses. Some examples include SAS® Enterprise Server, SAS® Enterprise Desktop Services, SAS® Enterprise Virtual Edition, SAS® Enterprise Single Sign On, etc. Each of these packages come with varying levels of functionality, ranging from basic to advanced, and typically feature unlimited installations throughout your entire organization. When it comes to pricing however, it depends entirely on what tier you decide to choose. Pricing ranges vary greatly depending on the size and complexity of your business and you'll need to consult with your account manager prior to finalizing your decision.
This question may seem pretty straightforward but the truth is that it's often hard to pinpoint exact prices due to variations in licensing models and various tiers. Because of this, it's best to speak directly with your account representative to discuss the specifics of your situation. But regardless of the details, it's safe to say that SAS software costs anywhere from $50–$500 per month.
Of course! In order to purchase SAS software online, simply visit the official website and log in using your credentials. From here, users will have direct access to a vast selection of products suited to meet your unique needs. Alternatively, you could always opt for a live chat session with one of our representatives to further assist you in finding the right solution.
It varies tremendously from company to company. We recommend contacting your SAS Account Manager to discuss your specific case. Regardless, once you complete the process, you'll usually receive your license keys within 5 days. Once you acquire your keys, you'll be able to download your new copy of SAS right from the website itself.
Again, it largely depends on your specific needs and how detailed you want your analysis to be. Typically speaking though, SAS software starts at around $100/month. Keep in mind that this figure doesn't factor in additional costs associated with setting up your system and maintaining it. Depending on the amount of work you intend to perform with SAS, expect to spend anywhere from $150–$1000.
No. Unlike other major BI vendors, SAS never expires. Although this might sound great on paper, it actually opens you up to potential liability problems down the road. Since SAS operates without expiry dates, you run the risk of having to deal with legal complications if someone were to breach your security measures.
Unfortunately, no. Only the original owner of a given license can transfer it to another person.
While it's possible to add external workers to your team, you must ensure that they are properly trained regarding the ins-and-outs of SAS software. Otherwise, they may inadvertently violate your company's policies.
You can contact us directly via email [email protected] or call +1 855 717 4444. Our Customer Support Team is happy to assist anyone interested in learning more about SAS.
Just follow our battle-tested guidelines and rake in the profits.