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SAS, ERI and Teradata Unveil Business Analytics Innovation Center Plans

Fri. October 30, 2009; Posted: 01:03 AM
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Oct 30, 2009 (Close-Up Media via COMTEX) -- RESRQ | Quote | Chart | News | PowerRating -- SAS, Elder Research Inc. (ERI) and Teradata are planning to establish a centralized "think tank" where customers can discuss analytic best practices with domain and subject-matter experts, and quickly test or implement models that uncover insights for optimizing business operations.

The companies said the Business Analytics Innovation Center will combine the strengths of SAS, a provider of business analytics software and services, Teradata, a company focused on data warehousing and enterprise analytics, and ERI, an analytical consulting firm for data mining and predictive analytics, to help customers across all industries.

"For decades, SAS, Teradata and ERI have provided state-of-the-art analytical solutions for their respective customers," said Jim Davis, SAS Senior Vice President and Chief Marketing Officer. "The Business Analytics Innovation Center combines our individual strengths for a robust approach to enterprise analytics. By acting faster and asking questions they previously couldn't ask or didn't think of, participating clients will be able to improve their operations and strengthen competitive advantage."

The companies said the Center will incorporate thought leadership with a visionary lab for pilot programs, analytic workshops and proofs of concept for prospective customers across a myriad of industries, including financial services, retail, government, health care and life sciences and insurance.

"Since our partnership began, SAS and Teradata have successfully helped customers determine how to best apply analytics within a scalable, in-database infrastructure," said Darryl McDonald, Teradata Chief Marketing Officer. "One leading grocery store chain estimated that its analytics strategy, developed with SAS and Teradata, would generate $200 million in incremental sales. By capitalizing on the synergies of SAS, Teradata and ERI through the Business Analytics Innovation Center, we can continue to provide the world's best business analytics platform, software and service while helping customers drive breakthrough innovation through analytic consulting."

More Information:

www.teradata.com

www.sas.com

((Comments on this story may be sent to newsdesk@closeupmedia.com))

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