Industrial Electronics

SAS to invest $1 billion in artificial intelligence

19 March 2019
SAS will use the investment in AI to work in three areas. Source: SAS

Software analytics house SAS will invest $1 billion in artificial intelligence over the course of the next three years including software research and development, education, and services.

The investment in AI will focus in three areas: research and development, building on its current investments in analytics, machine learning, deep learning, natural language processing (NLP) and computer vision; education initiatives in understanding how this segment can benefit from AI; and services to optimize return on AI projects.

In terms of research and development, SAS said it will embed AI capabilities into its SAS platform and solutions for data management, customer intelligence, fraud and security intelligence and risk management. Additionally, this will focus on industries for financial services, government, healthcare, manufacturing and retail.

SAS is partnering with Accenture, Cisco, Deloitte, Intel and Nvidia to bring the latest AI and machine learning to customers’ hardware and cloud environments. Dutch startup SciSports is using computer vision from SAS to data stream soccer matches. In this application, SAS AI technology uses Nvidia’s GPUs to deliver game insights to coaches and managers as well as in-game strategy, player recruitment and improving the fan experience.

In terms of education, the new initiatives will work to tailor in-person and e-learning curricula to improve students' AI skills. Additionally, certification programs will be established to help analytics professionals and data scientists earn credentials for SAS products.

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