- 2 February 2010 16:42
New Zealand’s outstanding 2009 numbers contribute to SAS global results
AUCKLAND, New Zealand (02 Feb 2010) - SAS, the leader in business analytics, achieved global revenue of US$2.31 billion in 2009, up 2.2 per cent over 2008 results. Despite poor economic conditions, SAS maintained its unbroken chain of growth and profitability for 34 years since the company was founded. The New Zealand arm of the company contributed to the impressive global result with total software revenue growth of 8.7 per cent last year, compared with 2008 – and this at a time when software revenues generally were either flat or in decline due to the poor economic climate. See below for more detail about the local operations’ results. Announcing the global results, SAS CEO Jim Goodnight said, “Our continued growth in 2009 is further proof that investing in long-term relationships with customers and employees and maintaining a deep commitment to R&D pays. We not only weathered the downturn, we came out ahead.” Globally, SAS revenue from software sales alone jumped 3.3 per cent at a time when software revenue of major vendors has been declining. SAS reinvested 23 per cent of 2009 revenue in R&D and as Goodnight promised a year ago, ended the year with no layoffs due to economic pressures, underscoring the company’s commitment to innovation and employees. “In January  I told employees there would be no layoffs,” Goodnight said. “I wanted them to stay focused on customer needs and not be distracted by issues related to corporate viability. The result is that we continued to grow in the downturn and we are ready to launch exciting new products in 2010. The momentum is greater than it’s ever been for this company.”
New Zealand –
Thanks to major sales of SAS customer Intelligence and analytics solutions in the banking and retail sectors during 2009, Geoff Beynon, General Manager of SAS New Zealand, was able to be equally positive saying, “The numbers might have been small on the global scale but SAS New Zealand had a truly stellar year. While total software revenues increased 8.7 per cent year-on-year, sales of new software licences grew 41.0 per cent, auguring well for our future.” Mr Beynon added that the growth in SAS New Zealand operating profit in 2009 was 24 per cent calling that outcome, “Further evidence that the Kiwi arm of the company is punching well above its weight these days”.
For the full global results media release posted by SAS’ head office in the USA, please go to –
About SAS SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions delivered within an integrated framework, SAS helps customers at more than 45,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world The Power to Know ®