pronounced american multinational developer software based north_carolina develops markets suite software called helps access manage analyze report data aid decision making company world largest privately held software business software fortune developed model workplace environment benefits program designed retain employees allow focus work reduce operating costs provides site free healthcare life counseling services started project create statistical analysis system proper statistical analysis system originally primarily agricultural departments universities late 1960s independent private business led current ceo project leaders university grew million revenues billion larger proportion revenues spent research development software companies point double industry average history began project agricultural department originally led joined graduate student early 1970s software primarily leased agricultural departments order analyze effect soil weather seed varieties crop yields project funded later coalition university statistics programs called software customers people attended user conference florida year early participant founded private company july offices street university later sold interest company tradition polling users suggestions improve software adopted year operation company employee fresh fruit reasonable work hours free wednesday company practices year late 1970s company established marketing department started building current headquarters forested area north_carolina later year started providing site order employee planning stay home mom begun building fitness center medical center site cafe facilities developed benefits programs known good place work frequently recognized national magazines like fortune work environment 1980s fastest growing companies america grew percent year million revenues billion revenue billion revenue billion late 1990s largest privately held software company associated_press reported analysts attributed growth aggressive spending highest ratio revenues spent industry years setting record percent revenues working new menu based interface company began relationship microsoft development windows operating systems shortly established partnerships database companies like education division created create software schools including newly formed purchased donated licenses software schools north_carolina funded advertising program million television radio campaign company considered making percent company available stock market providing employees stock options dot bubble following ultimately chose technology companies hired aggressively advantage available staff filed lawsuit alleging software product designed use features language violated copyright reverse engineered functionality ruled functionality language elements protected case discussed google introduced program intended grow sales small medium sized businesses leading provided funding curriculum assistance help start program nearby company cloud based products grew revenues percent construction building completed late year house corresponding operations march launched initiative provide free technologies support teachers students operations grown revenue year incorporated company revenues spent research development highest ratio software companies size found world largest software companies spent times industry average revenues come relatively evenly europe africa middle_east americas according company financial reporting revenues currently percent americas europe middle_east africa percent employees headquarters north_carolina employees europe asia canada latin_america ceo owns thirds company founder owns workplace known workplace culture company model workplace google taught case study management stanford identified best company work fortune annual rankings year list inception ranked elite world best multinational list fortune best companies work list march fortune ranked annual list best companies work march fortune ranked number annual list best companies work regularly best companies working mothers list benefits offers site day care services employees children normal cost medical services provided employees families free cost covered specialists employees encouraged work hour weeks free access recreation fitness center life counseling services hosts summer camp children operates site tons provided year filled wednesday similar amenities provided offices headquarters percent company assets drive gate night ceo return following day employee benefits provided business reasons company new benefits criteria benefit company culture serve significant number employees save money spent according academics company practices improve loyalty focus creativity staff professor estimated company saves million annually expenses related employee turnover annual employee turnover percent software industry average percent according usa_today workplace culture created intensely loyal staff care company unlimited sick days average employee takes free medical visits provided employees annually estimated cost company million usd save million usd employee productivity lost staff spend work hours waiting rooms hospitals structure culture limited corporate hierarchy culture company grew created new divisions instead layers management creating flat simple organizational structure according professor stanford levels organization ceo people directly report organizational structure fluid employees change roles rapidly managers involved day day work employees employees given large extent autonomy developers encouraged pursue experimental product ideas input customers guides company marketing software development according percent suggestions product improvements incorporated software dress code informal according employees describe environment relaxed employees encouraged volunteer work company makes donation non profits employees involved company primarily focuses efforts improving education funds pilot programs new education models provides free online software classrooms called acquisitions software largest privately owned software company world develops supports markets suite software called statistical analysis system captures stores presents data system programming language fortune software includes base component performs functions add graphics features sells suite statistical analysis software consists uses software include analyzing financial transactions indications fraud prices retailers evaluating results clinical trials largest market share holder advanced segment percent share fifth largest business intelligence software percent share typically sells software emphasis subscription models include support updates opposed software licenses user community certification program established created separate entity works increase availability related books hosts online develops product documentation publishes related books authored users users groups devoted specialty individual client geography local regional national international users groups
SAS Institute