Saving money and increasing sales are important objectives for any business. With these goals in mind, SAS, the leader in business and analytical intelligence, has announced that it will deliver its patent-pending forecasting product, SAS Forecast Server, to help companies improve the accuracy of their forecasts and the manageability of the overall forecast process.
This latest forecasting product from SAS will feature critical new capabilities, such as time series mining to uncover time-related patterns and trends. This represents an advance that's well ahead of what other vendors can currently offer. An interactive user interface for easy forecasting will also be included.
"SAS Forecast Server will allow businesses to 'turbo-charge' their forecasting efforts to better anticipate and meet customer demand, enhance supply chain efficiencies, and boost profitability on their often razor-thin margins," said Anne Milley, director of technology marketing at SAS.
"SAS has long been known for its ability to provide deeper analytic capabilities to our customers than other vendors can, and SAS Forecast Server will raise the bar even higher in the predictive analytics market. With SAS's sophisticated modelling techniques - such as time series mining - and unsurpassed scalability, we can create reliable and understandable forecasts that automatically adjust to changing market conditions. This makes it easy for critical information to be distributed throughout an enterprise faster than ever before."
SAS Forecast Server will deliver significant value to organisations within any industry, allowing them to plan for the future more effectively. For example, retailers will be able to automatically forecast sales for millions of SKUs, helping them account for seasonality, changing customer preferences, regional differences and other key factors that directly affect the bottom line. In addition, banks and other financial institutions will be able to better allocate their dollars by understanding ATM usage patterns over time. Manufacturing and pharmaceutical businesses will also gain significant value by using SAS Forecast Server to anticipate and plan for product and customer demands. SAS Forum International
SAS Forum International (http://support.sas.com/events/sasforuminternational2005) is the premier international event for enterprise intelligence. It features more than 200 presentations from 140 organisations representing 40 countries and spanning nine industries. Senior-level executives from Allianz Portugal, Bertelsmann Club (Germany), Citicards (US), Nedbank (South Africa), Octopus Cards (China/Hong Kong), and Time (US) are among the presenters.
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SAS is the market leader in providing a new generation of business intelligence software and services that create true enterprise intelligence. SAS solutions are used at more than 40 000 sites - including 96 of the top 100 of the 2003 Fortune Global 500 - to develop more profitable relationships with customers and suppliers; to enable better, more accurate and informed decisions; and to drive organisations forward. SAS is the only vendor that completely integrates leading data warehousing, analytics and traditional BI applications to create intelligence from massive amounts of data. For nearly three decades, SAS has been giving customers around the world The Power to Know.
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