Analytics software and services provider, SAS, has recently announced upgrades to three SAS Analytics products. As noted in this Business Wire release, the enhanced products include SAS software for econometrics, SAS software for operations research, and SAS software for statistics.
"Enhancements to SAS software for econometrics help users evaluate the severity or magnitude of events. With the ability to describe the distribution of losses from insurance claims, the magnitude of damage from natural disasters or the severity of disease outbreaks, organizations can take more effective actions.
"With SAS software for operations research, organizations can now model and investigate systems with complicated relationships or significant random elements. The new tool for discrete event simulation models is solving manufacturing, banking, customer service and health care challenges.
"Updates to SAS software for statistics will enable analytics professionals to store model information and reuse it to perform additional inference and scoring without refitting the model, and thus perform additional analysis in a single, easy step."