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His son had a SAS job for a while but never showed up for work. Now he does real estate development deals. Daughter works with the Umstead hotel. Not sure about other kids.
Oracle is certainly not cheap but neither is SAS. SAS has projects with billions of records, can open source DBs handle that? I worked on a SAS project with a billion records and it took 12 hours to run nightly on super fast linux servers with 64 or more cores.
I was referring to a company heir apparent to continue running the company. Yes, the family will inherit the company under the inheritance laws unless Goodnight has written his will otherwise.
His son had a SAS job for a while but never showed up for work. Now he does real estate development deals. Daughter works with the Umstead hotel. Not sure about other kids.
Oracle is certainly not cheap but neither is SAS. SAS has projects with billions of records, can open source DBs handle that? I worked on a SAS project with a billion records and it took 12 hours to run nightly on super fast linux servers with 64 or more cores.
SAS is also crazy expensive. I worked at a bank that was paying something like 250K for a seat.
Billions of records can be handled open source. Although the architect in me would question why an agg object wasn’t used in your project
I’ve bulk loaded billions of bank transactions into a system…but then wouldn’t allow end users to work with the raw form. They got access to aggs that shortened the dataset to just what they needed.
No reason to give an analyst the chance to Cartesian join a database to death.
also big places like SAS tend to shy away from open source even though it 's cheaper . My part of SAS did look into using Postgres but there was strong pushback from DB guys since they were all Oracle experts.
One main reason SAS got popular because college students learned it . Now most students are learning R and Python which is not good for SAS because they are free. A lot of what SAS sells now is not the SAS language but systems that are beyond what R and Python can do . The SAS language does not bring in much cash now and it's not being updated much . Places that have existing SAS code are not likely to rewrite that in R or Python unless they have a lot of time and money . Some of that code goes back decades but it still works so it can be patched or updated.
also big places like SAS tend to shy away from open source even though it 's cheaper . My part of SAS did look into using Postgres but there was strong pushback from DB guys since they were all Oracle experts.
One main reason SAS got popular because college students learned it . Now most students are learning R and Python which is not good for SAS because they are free. A lot of what SAS sells now is not the SAS language but systems that are beyond what R and Python can do . The SAS language does not bring in much cash now and it's not being updated much . Places that have existing SAS code are not likely to rewrite that in R or Python unless they have a lot of time and money . Some of that code goes back decades but it still works so it can be patched or updated.
Sounds sticky like some of the mainframe code Broadcom acquired a few years back. Could also help them add an enterprise AI layer to their portfolio.
I liken SAS to any other type of privately owned business. Without an heir, the company dies when the owner retires or passes. That's the disadvantage of a privately held company. Goodnight made SAS what it is and it won't be the same without him.
Exactly. He has no other choice but to sell at some point, so why not make as much $$$ as he can in the process? I'm sure we'd all make the same decision given similar circumstances.
The Wall Street Journal reported Monday that the companies were discussing a deal that would value SAS in the range of $15 billion to $20 billion, including any debt. Following the report, Jim Goodnight and John Sall, who co-founded SAS decades ago and still run the company, had a change of heart and decided not to sell to Broadcom, the people said. Whether another suitor for SAS could emerge isn’t clear
I liken SAS to any other type of privately owned business. Without an heir, the company dies when the owner retires or passes. That's the disadvantage of a privately held company. Goodnight made SAS what it is and it won't be the same without him.
Latest news says Goodnight has told employees that SAS is not for sale. Currently of course.
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Now he does real estate development deals. Daughter works with the Umstead hotel. Not sure about other kids. 
