SAS® Business ReportSAS Institute
September 2008support.sas.com | Subscribe | Unsubscribe

Dear Readers,

Each morning, I read new headlines about the worsening economy, rollercoaster market levels and the mounting credit crisis. It's no secret that major corporation failures in one nation ripple throughout the globe. This has sent everyone looking for answers.

In Integrated Analytics Plus BI Equals Business Edge, an excerpted article from a Computerworld Technology Briefing, Keith Collins said that relying on simple querying and reporting is like looking at your business through a rearview mirror. According to Collins, Senior Vice President and Chief Technology Officer at SAS, capabilities such as standard reports, ad hoc reports and alerts can only help you understand what's happened in the past. To drive your business forward, you need to look forward—a view created by applying predictive analytics. Collins said that with analytics you can "understand where the best opportunities are or how you might forecast better opportunities, or how you might predict customer behavior." That sounded like a pretty good way to do business while riding a rollercoaster.

I've included some articles from SAS thought leaders to help you make plans for the ride ahead.

Waynette Tubbs
Editor, SAS Business Report
  SAS News
Survey: Better Risk Management Would Have Lessened Credit Crisis »
More than 70 percent of respondents attribute losses stemming from the credit crisis to failures to address risk management issues. Access to relevant, timely and consistent data were listed as major obstacles. Even with new regulations, are you doing enough to ensure enterprise risk management?
A New Day Must Dawn in Credit Granting »
Clark Abrahams, a 30-year banking veteran and chief financial architect at SAS, addresses the current credit crisis and calls for a more comprehensive approach that will more fully capture the risk associated with individual loans held on the lender's balance sheet. He offers concrete steps toward better credit risk management and calls for innovation, transparency and effective solutions.
M2008 Data Mining Conference to Surface the Best in Predictive Analytics »
In today's challenging economy, predictive analytics can make all the difference in profitability. Explore the best data selection, exploration and model building techniques during this Las Vegas conference.
This is Your Life...With SAS® »
SAS analytical software solutions provide the underlying power to drive industry-specific business applications. But did you know that analytics affects your everyday life? Turn up the volume and consider some of the ways SAS software is at work for you, and then send This is Your Life to a friend.
Mark Your Calendars for SAS® Global Forum 2009 »
SAS Global Forum 2009 offers unequaled educational and networking opportunities: more than 300 papers and presentations; hands-on demonstrations; powerful workshops and much more. Learn industry-specific perspectives in the Industry Solution Tracks. Make sure to include keynote speaker, author and Pulitzer Prize winner Dave Barry for his humorous view of work, kids, technology and life. Registration begins Nov. 3.
  Webcasts

BOOM! Be A Player; Be Accountable »
Tuesday, Oct. 7

Combating Cross Channel, Enterprise Fraud »
On Demand

Climate Change: Is Your Business Ready? »
On Demand
  Events

The Premier Business Leadership Series »
Oct. 28 - 30
Las Vegas

M2008 »
Data mining
Oct. 27 - 28
Las Vegas

SAS® Global Forum 2009 »
Online Registration
Nov. 3

  Multimedia

Fair Lending Discussed on Capitol Hill »
Clark Abrahams testified before the US House of Representatives Financial Services Oversight Committee. Read his blog, where you can see a video of the hearing and Abraham's excerpted quotes.

Credit Risk Scorecards: Developing and Implementing Intelligent Credit Scoring »
Risk scorecards are a powerful tool to improve your bottom line. This book outlines scorecard development and implementation using internal resources.

Live Web Course: Predictive Modeling Using Logistic Regression »
Learn from the convenience of your office! This course covers predictive modeling using SAS/STAT® software with emphasis on the LOGISTIC procedure.

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