SAIC Inc. (SAI) recently introduced an innovative data management and analytics solution to empower diverse organizations to effectively and efficiently manage the increasing volume of data. Titled Critical Insight Solutions, the product offers an end-to-end solution for big data optimization and provides clarity from large disparate data on a real-time basis.
SAIC Inc. expects to leverage its decade-long experience in managing big data for the U.S. Government to provide the requisite support for diversified companies and help detect electronic financial fraud, disease diagnosis, medical research, brand protection, geospatial tracking, and energy consumption optimization.
With open-source components for data storage and query, real-time analytics and alerts, complex full data set modeling and summarization, and time-based model trending, Critical Insight Solutions enables users to rapidly test analytic hypotheses independent of data volume, speed and structure. This in turn facilitates a quick anomaly detection, prediction, and classification of data, thereby prompting an informed decision-making.
Since its inception in 1969, SAIC Inc. has utilized its deep domain knowledge to solve critically important problems of the country in areas such as national security, energy and the environment, critical infrastructure, and health. Headquartered in McLean, Virginia, the company presently has employee strength of approximately 40,000 serving customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets.
SAIC Inc. registered annual revenues of approximately $10.6 billion for the fiscal year ended Jan 31, 2012. The current Zacks Consensus Estimate for the fourth quarter and fiscal year are pegged at 52 cents and $1.53 respectively. The company competes with formidable players in the industry such as The GEO Group, Inc. (GEO), Booz Allen Hamilton Holding Corporation (BAH), and ICF International Inc. (ICFI). We currently have a Zacks Rank #3 (Hold) for SAIC Inc.