SAS to double R&D staff in India
US-based business intelligence software and services provider SAS plans to expand its R&D staff in Pune to 100 in 2004.business Updated: Dec 03, 2003 18:14 IST
US-based business intelligence software and services provider SAS on Wednesday announced plans to expand its SAS Global Services (SGS) operations by increasing the R&D staff in Pune from the current 50 developers to about 100 in 2004.
Headquartered in Pune SGS is a subsidiary of SAS foccused on developing software products and solutions and is part of the company's global R&D efforts.
SAS India is currently in talks with leading Indian financial services and telecom companies on the deployment of industry-specific intelligence solutions, the company said in a statement.
"The Pune operations are indicative of SAS' larger, ongoing effort to remain an R&D-driven software company. While many vendors have flattened or reduced spending on R&D, SAS has steadfastly maintained its annual reinvestment of more than 25 per cent of revenue back into product research and development", the statement said.