Specialist R&D centre opens in Glasgow

24 Mar 2014

SAS, the leading business analytics company has opened a research and development centre in Glasgow, focused on combating fraud and financial crimes.

The dedicated centre positions Scotland as an international centre of excellence for developing solutions to tackle fraud and bolster security.

Based in the Cuprum building in the IFSD, SAS' investment includes adding 94 advanced analytics specialists to its established 126 member team.

This strategic investment is made at a time of increasing global demand for SAS' industry-leading big data analytics solutions from industries such as public security, financial services, retail, telecommunications and manufacturing.

Mikael Hagstrom, SAS executive vice president for Europe, Middle East and Africa and Asia Pacific, said: "SAS is proud to be building on its existing operations in Scotland. The initial investments allowed SAS to see the real Scottish potential with easy access to Europe, the excellent pool of talent from universities and its strong culture of innovation."

Scotland's First Minister, Alex Salmond said, "The new facility will position Scotland as an international centre of excellence for developing solutions to tackle fraud and security and will create a substantial number of highly-skilled, high-value jobs - a significant feather in Scotland's cap".

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