EY Partners with SAS to Enable Organizations Take Strategic Business Decisions Based on Data Investments

By CIOReview | Thursday, December 24, 2015
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FREMONT, CA: Analytics is transforming the way businesses operate. With a view to embrace the analytical transformation, EY enters into a strategic partnership with SAS to accelerate the delivery of disruptive analytics services that can help organizations achieve greater return on their data investment. The agreement will focus on combining the data, software and processing capabilities of the SAS platform with EY's consulting and market experience.

Working closely with SAS’ research and development organization, EY will be providing clients with a single access point for advanced analytics service offerings. The new analytics offerings will address areas such as stress testing and capital management, financial crime and fraud prevention, forensic investigation, fraud detection, surveillance, and litigation/regulatory response, tax reporting and information management and improvements in core operations, such as insurance claims fraud management.

SAS Visual Analytics provides data scientists with an all-in-one visualization tool and predictive analytics solution which are integrated with open source R, Python and Hadoop. Built on a data quality platform, the SAS data management software helps organizations in improving, integrating and governing their data. SAS can run within Hadoop, using the power of Hadoop clusters to deliver answers more quickly.

The SAS statistical analysis by applying constant quality-tested algorithms, keeps statistical methodologies updated so that organizations can use relevant information to analyze the past, describe the present and predict the future.

SAS solutions work with traditional and cutting-edge infrastructures to help customers gain insights from their data through achieving the performance, availability and accuracy they require anywhere at any time. Not only the business users can graphically explore data on their own, and deliver reports on tablets or dashboards using SAS but analytics experts can dig deeper into intuitive web-based interfaces to generate code automatically or write it directly.

"Co-innovation as a cultural imperative in and of itself is a tremendous asset to have in the market for both EY and SAS. And as the digital enterprise strategies of their clients begin to take hold, the ecosystem of consulting services and technologies that co-innovation generates will create a differentiated value proposition for both organizations," says Jim Goodnight, CEO, SAS.