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New SAS division focuses on IoT analyticsCARY, N.C., Jan. 31, 2018 /PRNewswire/ -- A modern locomotive emits a stream of more than a billion data points per second as it rolls down the tracks. The data tells the operator about the health and location of the equipment and, if handled properly, can help the rail company operate more efficiently and save money. The business opportunities in that locomotive's data – like the data streaming from billions of other connected devices around the world – are the reason analytics leader SAS has created a new global division devoted to the Internet of Things (IoT). Companies applying SAS analytics to IoT challenges include GE Transportation, Lockheed Martin and Octo Telematics. The IoT division will offer strategic industry expertise in manufacturing, energy and utilities, government, retail, insurance and health care. SAS takes a comprehensive approach to IoT "The potential for IoT analytics is tremendous, as hinted at by our 2017 IoT revenue growth of 60 percent," said Mann. "The new SAS IoT division brings together R&D, marketing, product management, enablement, and channel sales. Its goal is to continue to develop, deliver and support powerful IoT Analytics software that covers the entire analytics lifecycle – batch, streaming and edge – all designed to help customers ceate value from their IoT investments." Companies use IoT analytics in myriad ways including:
The SAS IoT division will develop new partnerships and expand existing ones to bring together best-in-class technology and expertise. For example, in 2017, SAS and Cisco unveiled the Cisco SAS Edge-to-Enterprise IoT Analytics Platform. It brings together all the hardware and software needed to analyze IoT data so customers do not need to build an IoT platform from scratch. SAS brings similar benefits to customers through long-standing partnerships with Hewlett Packard Enterprise and Intel. The central technology for the new IoT division is SAS® Event Stream Processing, software that analyzes high-velocity data while it's still moving, so action can be taken immediately. SAS Event Stream Processing is scalable, embeddable and distributable, and strengthens SAS' position in the growing edge-analytics market. Forrester pointed to SAS Event Stream Processing as a Leader in its report, The Forrester Wave™: Streaming Analytics, Q3 2017. To learn more, please read the product brief, SAS Analytics for IoT. About SAS SAS is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®. SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2018 SAS Institute Inc. All rights reserved.
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