Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

SAS opens analytics R&D centre in Glasgow, trained on combatting fraud

18/03/2014 by

W1siziisijiwmtqvmtavmjgvmtuvndgvmtcvntkvzmlszsjdlfsiccisinrodw1iiiwinjawedqwmfx1mdazzsjdxq


SAS has opened a research and development (R&D) centre in Glasgow, focused on combatting fraud and financial crimes.

The Scottish centre joins other SAS global R&D centres, including its R&D division headquartered in the US.

The facility in Glasgow’s city centre currently employs 126 people. The company plans to add 94 more analytics specialists over the next two to three years, said Mikael Hagstrom, SAS executive vice-president for Emea and Asia-Pacific.

The firm has enjoyed Scottish government support, including a Scottish Development International (SDI) grant of £1.29m, announced in 2013.

“SAS is proud to be building on its existing operations in Scotland,” said Hagstrom. “We initially established a global research and development team to create business applications to help modernise law enforcement, improve public safety and enhance national security. The initial investments allowed SAS to see the real Scottish potential with easy access to Europe, the excellent pool of talent from universities and its strong culture of innovation.

“There is a lot of talk about big data, but not so many examples of companies capitalising on it,” he said. “But you are starting to see early examples, such as, here in Scotland, how banks are making liquidity more easily accessible for small and medium businesses so they can grow. That has come on the back of big data analytics. And Nationwide has reduced its losses from fraud by 75%.

“There is also a sleeping giant in services. In Scotland, while 80-85% of GDP is in services, only 15-18% is in exports. Analytics can change those numbers. A retailer that knows a bit more about a client can make an incremental difference in its services revenue.”

Hagstrom said the Scottish university system has a strong computer science tradition, and that SAS wants to advance its collaboration with the sector in the development of applied analytics courses that will be inter-disciplinary. The company already works with 80 UK universities – its total investment, it said, comes to £90m over 15 years, and it has trained 2,500 students in SAS software.

This article has been extracted from http://www.computerweekly.com, please click on this link to read the article in full http://www.computerweekly.com/news/2240216272/SAS-opens-analytics-RD-centre-in-Glasgow-trained-on-combatting-fraud

Montash is a multi-award winning , global IT recruitment firm. Specialising in permanent and contract positions across mid-senior appointments across a wide range of industry sectors and IT functions including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Scientific Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

For more information please contact us on +44 (0) 20 7014 0230 or alternatively send us an email on info@montash.com.

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtyvmtivmdcvmtavmdyvndkvntg0l0vudgvychjpc2ugcmvzb3vyy2ugcgxhbm5pbmcgy29wes5qcgcixsxbinailcj0ahvtyiisijm4mhgxmdajil1d

Infor launches new mobile solution

2016-12-07 09:00:00 +0000

Infor, one of the global leaders in enterprise resource planning (ERP) software, has revealed that it is launching a new mobile solution. The company, which has focused on developing specialised business applications for a variety of industries, unveiled Infor Mobility for Field Service (MFS). The solution is a comprehensive mobility application that can streamline operations for employees working in the field. To ensure that field technicians are provi...

W1siziisijiwmtyvmtivmdyvmdkvmjcvmtavnze4l2nsb3vkihrly2hub2xvz3kgc2vydmljzxmuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

AI continues to infiltrate cloud computing se...

2016-12-06 09:00:00 +0000

With Google and Microsoft both already working on artificial intelligence (AI) software for their cloud services, it has been revealed that Amazon is now to join the battle. The internet giant is to prioritise developing AI for Amazon Web Services (AWS), the division that sells data storage and computing to IT professionals around the world. AWS is currently the fastest-growing division for Amazon, with the past year having seen sales soar by 60 per cen...