CARY,The year 2003 continues to be a strong one for SAS, the Cary-based firm reporting that software revenues are up 14 percent over 2002 figures.

“Retaining customer revenue streams and cost containment continue to be pressing issues for businesses around the globe, and any investment in technology comes under closer scrutiny for its fast ROI capabilities,” said Jim Goodnight, chief executive officer and president of SAS, in a statement. “This situation, combined with increased financial compliance and regulatory issues such as Basel II and Sarbanes-Oxley, continues to drive customer demand in areas where SAS can provide real value.”

SAS cited strong performance in customer, supply chain and financial intelligence as well as performance management.

SAS also pointed out that it continues to invest more than 25 percent of its revenues into research and development.