SAS said it will invest $1 billion in artificial intelligence over the next three years as it develops its analytics platform, educates data scientists and targets industry-specific use cases.
The investment is part of SAS' effort to build a higher profile. SAS is an analytics and data science pioneer, but the privately-held company has been quietly retooling its business and products.
SAS' artificial intelligence investment will focus on AI research and development, education initiatives such as its certifications and data science academy and services to create better returns on projects.
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Oliver Schabenberger, chief technology and operating officer at SAS, will give a keynote at the Nvidia GPU Technology Conference on Tuesday.
SAS' AI efforts will revolve around embedding AI into its platform and creating tools for data management, customer analytics, fraud and security and risk management. The company will also aim to meld AI and the Internet of things data for industries ranging from financial services to manufacturing to healthcare.
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We caught up with Schabenberger to talk about SAS's strategy in December. Here were the key points on the company's strategy and where AI fits in:
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