Cary, N.C., Sept. 24, 1999 - In a deal worth almost $1.4 million, the Shanghai Baosteel Group has signed a multi-year agreement with decision-support software company SAS Institute for data warehousing, data mining and online reporting technology and services. The deal coves a number of software modules from SAS Institute, including SAS/IntrNet software and the data-mining package Enterprise Miner software, together with consulting services to build an enterprise data warehouse.
The new system is expected to offer Baosteel - China's largest iron and steel corporation - a number of advantages, particularly in the areas of quality control and cost control. Li Haiping, deputy general manager of the Baosteel Group, said, "We have now established a good IT infrastructure, and over recent years we have been able to build up huge amounts of data. The next stage for Baosteel is to make use of this data to provide us with a competitive advantage. We are very pleased that we can work with SAS Institute to achieve this goal."
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