SAS to invest $1 billion in Artificial Intelligence (AI)

Artificial Intelligence News

SAS-to-invest-1-billion-in-Artificial-Intelligence-AI SAS to invest $1 billion in Artificial Intelligence (AI)SAS, a Cary, North Carolina-based analytics software provider, in a recent press release statement, on Sunday, Mar. 17th 2019, announced its plans to invest $1 billion in artificial intelligence (AI) over the coming three years through innovative software solutions, educational programs, expert services and much more. SAS’s recent investment plans are based on its concrete AI foundations which include advanced analytics, machine learning, deep learning, natural language processing (NLP), and computer vision, offering.

SAS claims these educational programs and expert services will better equip business leaders and data scientists for the future of AI, with the future insights, technology, and skills needed to transform their organizations.

According to SAS CEO Jim Goodnight, “At SAS, we remain dedicated to our customers and their success, and this investment is another example of that commitment”. Adding further Jim said, “With our innovative capabilities in AI, SAS helps businesses deter damaging fraud, fight the deadly disease, better manage risk, provide exemplary service to customers and citizens, and much more.”

With this $1 billion investment in AI, the company plans concentrate its focus on three key areas, namely: Research and Development (R&D) innovation where SAS continues with its solutions offering based on its global AI efforts; education initiatives that cater to different demands of customers to better understand AI and leverage its far-reaching potential; and expert services for improved return optimization on AI projects.