SAS betters itself for the 30th time
In the opinion of CRMchump, doing anything for thirty years in a row is an admirable run. That noteworthy stretch of time was surpassed by SAS in 2006, a company which was able to report this morning that its 30th consecutive year of revenue growth had been achieved.
The SAS revenue figure for 2006 ended up being $1.9 billion, a 12 percent increase over the $1.7 billion mark posted in 2005, and new software license revenue increased 20 percent, nearly twice the growth rate expected in the market this year. The Americas accounted for 45 percent of total revenue; Europe, Middle East and Africa (EMEA) 45 percent; and Asia Pacific 10 percent.
Said SAS’s wonderfully named CEO Jim Goodnight, “We had a good year.”
Analyst firm IDC kicked in an enviable quote for the announcement, proclaiming that "in the short term, IDC does not see any serious challenge to SAS’ dominance of the advanced analytics market and expects the company to continue to experience above-market growth rates for query, reporting, and analysis.”
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