SAS sees 105% growth in AI revenue, per analyst report

While the overall artificial intelligence (AI) market saw steady growth last year, SAS experienced growth at a rate nearly four times faster than the overall market, at 104.6% according to the IDC report, Worldwide Artificial Intelligence Software Platforms Market Shares, 2018: Steady Growth -- Moving Toward Production1. SAS ranked second overall in 2018 in the AI software platforms category. "SAS had impressive growth in the artificial intelligence market, no doubt as a result of its leadership in analytics," said David Schubmehl, Research Director, Cognitive/Artificial Intelligence Systems at IDC. "As organizations move from experimentation to production in AI to solve their business problems, many are looking for a trusted vendor that offers analytics expertise and domain knowledge. SAS' embedded AI capabilities and integration with open source technologies allows organizations to take advantage of the technology to automate processes, without the heavy lifting of training AI models." To continue fostering innovation and progress in an expanding market, SAS has committed to invest $1 billion in AI over the next three years.