Editing SAS Institute (section)

==Operations==
SAS Institute has grown in revenue each year since it was incorporated in 1976.<ref name="seventyeight"/><ref name="fortysix">{{cite news|first=N|last=Shivapriya|newspaper=The Economic Times|url=http://articles.economictimes.indiatimes.com/2008-09-25/news/28664141_1_sas-work-culture-stock-options|archive-url=https://archive.today/20130103063931/http://articles.economictimes.indiatimes.com/2008-09-25/news/28664141_1_sas-work-culture-stock-options|url-status=dead|archive-date=January 3, 2013|title=SAS Steams Along as Unlisted Firms Amid US Financial Chaos|date=September 25, 2008|access-date=October 17, 2011}}</ref><ref name="growth">{{cite news|url=http://www.inc.com/magazine/201109/inc-500-james-goodnight-sas.html|newspaper=Inc. Magazine|date=September 2011|title=How SAS Continues to Grow|first=Leigh|last=Buchanan|access-date=May 9, 2014}}
</ref> It generated over $3 billion in sales revenue in 2023.<ref name="SAS2023-2024Report" /> About 20-30% of the company's revenues are spent on [[research and development]], which is the highest ratio among software companies of its size.<ref name="seventyeight"/><ref name="fastc"/> In 1994, ''Computerworld'' found that out of the world's 50 largest software companies, SAS spent 2.5 times the industry average on R&D.<ref name="ccomputerworld"/> It had customers in 145 countries as of 2019.<ref name=":1" /> As of 2010 revenues come relatively evenly from Europe, Africa, the Middle East and the Americas.<ref name="seventyeight"/> According to the company's 2014 financial reporting, its revenues are currently 46.7 percent from the Americas, 41.4 from Europe, Middle East and Africa, and 11.9 percent from Asia-Pacific.<ref>{{cite press release
 | title =SAS surpasses $3 billion in 2013 revenue, growing 5.2% over 2012 results
 | publisher =SAS Institute
 | date =January 23, 2014
 | url =http://www.sas.com/en_us/news/press-releases/2014/january/2013-financials.html#close
 | access-date =September 22, 2014 }}</ref> SAS has about 5,200 employees at its headquarters in Cary, North Carolina, 1,600 employees elsewhere in the US and 6,900 in Europe, Asia, Canada or Latin America.<ref name="primaryy">{{citation|url=http://www.sas.com/en_us/company-information.html#stats|title=Company facts and financials|publisher=SAS Institute|access-date=May 9, 2014|quote=2013 R&D investment: 25% of revenue}}</ref> CEO James Goodnight owns about two-thirds of the company and co-founder John Sall owns the other one-third.<ref name="forbesss"/><ref name="penn">{{citation|title=SAS Institute: A case (with teaching note) on the role of senior business leaders in driving work/life cultural change|publisher=University of Pennsylvania|first1=Ellen|last1=Bankhert|first2=Mary|last2=Lee|first3=Candice|last3=Lange|url=https://workfamily.sas.upenn.edu/sites/workfamily.sas.upenn.edu/files/imported/pdfs/SASwharton.pdf|access-date=April 9, 2014}}</ref> In 2022, the company was included on ''[[Forbes]]''<nowiki/>' list of the largest private companies in the United States, ranked by revenue.<ref>{{Cite web |last=MURPHY" |first="ANDREA |title=America's Largest Private Companies 2023 |url=https://www.forbes.com/lists/largest-private-companies/ |access-date=2024-03-03 |website=Forbes |language=en}}</ref> It was one of the largest privately held software providers in the world in 2023.<ref name=":0" />