SAS INSTITUTE INC in Anomaly Detection Software
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72 Buyers Negotiating
Summary
SAS provides fraud and security solutions that implement anomaly detection techniques to gain a consolidated view of fraud risks, enhance operational efficiencies, and avoid frauds before losses are incurred.
- Anomaly detection, an element of fraud detection, is used by commercial clients across a multitude of industries. For instance, insurance companies use risk and fraud management techniques to monitor and manage insurance information, whereas payments processors use them to prevent payment related frauds.
- The SAS fraud framework provides solutions such as fraud data management, alert management, detection, alert generation, and case management to government, enterprise, and BFSI sectors.
- The framework addresses the challenges faced by commercial clients. A few of these challenges include isolation, inefficient use of resources, incomplete network relationships, and simplistic analytics.
- The advanced analytics and autoregressive forecasting techniques used in this framework identify frauds readily and leverage fraud and security intelligence to automate tests that detect load anomalies.
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Buyer
Ishu Garg's requirement
18/11/2021
"Hello Sir/Maam,
I am working as a Manager in Indiamart Intermesh Ltd.
We require a ML software for detecting Anomaly in our systems. For further clarification we can schedule a meet.
"
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SAS INSTITUTE INC Presence in
Anomaly Detection Software
SAS undertakes collaborations with partners, such as Intel Corporation and Cisco Systems, with the aim of endorsing analytics with IoT. The company’s competitive approach has enabled it to concentrate on innovations in core focus areas, such as analytics, visualization, customer intelligence, risk, and fraud. The company’s strategic intent lies in focusing on strong partnerships with channel partners, systems integrators, resellers, Original Equipment Manufacturers (OEMs), and managed analytics service providers to help its customers implement the SAS technology in adequate ways for fulfilling business requirements. In 2016, SAS showed a remarkable investment of nearly 26% of its total revenue in R&D. The company has witnessed a significant revenue growth in all geographic regions for its technologies segments, such as data management, analytics, and business intelligence. In the same year, SAS achieved an incremental growth share of 36% in fraud and security intelligence solutions, thereby providing risk management solution to clients across the globe. The advent of government regulations, increased competition, and unprecedented changes have helped the company provide innovative products and services with enhanced customer-centric solutions. SAS has been very active in establishing partnerships with technology leaders, such as Teradata Corporation and Mindshare Technology, to offer advanced analytics solutions. This is evident from the recent partnership of SAS with Cisco Systems, Inc. in March, 2017. The partnership integrated high volume delivery of data in the real time by leveraging the SAS analytics platform solutions. SAS launched a new product named SAS Viya, which is an innovative analytics platform that provides a consistent governance environment.
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