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Need a career change? Well, SAS Institute is recruiting. The business intelligence software maker now had six local partners, but this is not enough as SAS is confident to win lots of projects, mainly in Basel II implementations.

SAS has been operating in Indonesia for the last 10 years, but mainly to serve global customers or customers from their global partners: Accenture, Deloitte Consulting, IBM and Hewlett-Packard (HP). This went on until this year when SAS appointed former SAP Indonesia’s General Manager Uday W. Mathkar as first Managing Director in Indonesia.

Shortly after, SAS managed to have six local partners:

• Azec Management Services
• Abhimata Persada
• E-Global Indonesia
• Learnit Indonesia
• Optima Bisnis Integra
• WBK

Growing aggressively

SAS is investing US$2 million until 2009 to set up business infrastructure and build up workforce. Yes, SAS is hiring. The software company planned to have a workforce of 40 to 50 people by the end of this year.

If you considering a career change, click here for job vacancies at SAS Indonesia.

Basel II implementation

Why so many workforce? SAS aim to grow their business by 50% annually until 2009. And apparently they are quite confident to win lots of projects in Indonesia, mainly in projects related to Basel II implementation.

“We will be prepared if 25 banks decided to roll out Basel II projects in the same time. So far, four major banks are considering to implement Basel II starting in July,” said Mathkar. He explained further from around 120 banks in Indonesia, SAS consider 20 to 25 must start Basel II projects.

It’s quite reasonable why SAS is counting on Basel II implementation. The time is ticking; banks have to comply with Basel II standards before the end of this year. SAS sees huge opportunity, not in area of business intelligence –at least not yet- but in data consolidation. Certainly you can’t analyze anything without data, clean data. And analyzing data is key for managing risk…that’s all Basel II is all about.

Huge market

How much Indonesian banks will spend on Basel II? It’s hard to tell, but to give you a figure, in 2006 National Bank Association (Perbanas) projected bank will spend US$1,4 billion for IT. Most of the investment will be spent on compliance mainly Basel II, EMV and aligning with Indonesia Bank Architecture. Banks expected to allocate 40% of their capital expenditure for information technology.

SAS logo from OECD

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