SAS analytics and forecasting news


♦We learned this week that SAS is ranked #4 on Fortune's 100 Best Companies to Work For in 2015. This makes six straight years ranking in the top four (including twice at #1).

Analytics Magazine Cover♦The March/April 2015 issue of Analytics Magazine includes a SAS company profile by my colleague Kathy Lange. As a publication of INFORMS (the Institute for Operations Research and the Management Sciences), the profile focuses on SAS offerings  in advanced analytics and operations research (including optimization and discrete event simulation).

IBF Flyer♦SAS exhibited at last month's Institute of Business Forecasting Supply Chain Forecasting Conference.

♦In April, my colleague Charlie Chase will be co-presenting (with Chad Schumacher of Kellogg's) at IBF's first Predictive Business Analytics Forecasting & Planning Conference (Atlanta, April 22-24). Their topic is "Using Multi-Tiered Causal Analysis to Synchonize Demand and Supply." Charlie has written extensively about MTCA in his book Demand-Driven Forecasting, and you can download the SAS whitepaper "Using MTCA to Improve Demand Forecasts and Optimize Marketing Strategy."

♦SAS Research & Development has been busy as usual, and in 2014 was awarded five forecasting-related patents:

  • Computer-implemented systems and methods for flexible definition of time intervals

Inventors: Tammy Jackson, Michael Leonard, Keith Crowe

  • Attribute based hierarchy management for estimation and forecasting

Inventors: Burak Meric, Alex Chien, Thomas Burkhardt

  •  Systems and methods for propagating changes in a demand planning hierarchy

Inventor: Vic Richard

  • System and methods for retail forecasting utilizing forecast model accuracy criteria, holdout samples and marketing mix data

Inventors: Alex Chien and Yongqiao Xiao

  • Computer-implemented systems and methods for forecasting and estimation using grid regression

Inventor: Vijay S. Desai


About Author

Mike Gilliland

Product Marketing Manager

Michael Gilliland is a longtime business forecasting practitioner and formerly a Product Marketing Manager for SAS Forecasting. He is on the Board of Directors of the International Institute of Forecasters, and is Associate Editor of their practitioner journal Foresight: The International Journal of Applied Forecasting. Mike is author of The Business Forecasting Deal (Wiley, 2010) and former editor of the free e-book Forecasting with SAS: Special Collection (SAS Press, 2020). He is principal editor of Business Forecasting: Practical Problems and Solutions (Wiley, 2015) and Business Forecasting: The Emerging Role of Artificial Intelligence and Machine Learning (Wiley, 2021). In 2017 Mike received the Institute of Business Forecasting's Lifetime Achievement Award. In 2021 his paper "FVA: A Reality Check on Forecasting Practices" was inducted into the Foresight Hall of Fame. Mike initiated The Business Forecasting Deal blog in 2009 to help expose the seamy underbelly of forecasting practice, and to provide practical solutions to its most vexing problems.

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