An idyllic workplace under a tycoon's thumb
Article Abstract:
SAS Institute offers extra amenities to cement employee loyalty, but some criticize the world's largest privately-held software company for failing to provide greater financial independence. Perks include private offices for all employees, a 35-hour work week and a free health clinic. Co-founder, Chmn and Majority Owner James H. Goodnight believes the 'benevolent' SAS strategy has produced greater efficiency among the 2,700 employees at its 20-building headquarters in Cary, NC. Annual turnover remains at a paltry 4%, compared to cutthroat industry rates that top 20% amid work weeks that range between 60 hours and 80 hours. Goodnight, a 55-year-old statistician, withholds other monetary considerations. SAS does not pay the highest wages in the industry, nor does it offer stock options or sales commissions. Analysts believe that SAS, which leases its statisitcal software and enjoys a 98% renewal rate, will reach $850 million in 1998 revenue.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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Safety first; unless consumers feel secure online, sales will never boom. But hackers aren't making it easy
Article Abstract:
The problem of hackers defacing Web sites is growing according to Internet Security Systems, a network watchdog company. The inability of organizations to protect their sites from hackers is preventing the Internet from being utilized as a business tool, the way it potentially could. Most hackers operate out of pride, staking their territory much as spray painting delinquents do to prominent structures, however, their increasing boldness and brazen nature is alarming. Technologies being used to combat this include firewalls, encryption and digital signatures and digital certificates. New types of small, mobile programs are being attached to e-mail or applets and being spread widely across corporations. Unfortunately, these inconspicuous programs are capable of sending off private information and documents to their designers.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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Big tech players vie to upgrade NSA computers
Article Abstract:
The National Security Agency will soon award a contract, estimated at $5 billion over 10 years, to revamp and support its vast and complex office-technology infrastructure. Over 15 firms have formed three consortia to compete for the contract, which will be awarded in July. The winner in Project Groundbreaker, as the overhaul is called, will have to contend with the agency's stringent requirements for secrecy and with possible resentment from in-house technology specialists, for whom the project represents an admission of failure to successfully meet the agency's information technology needs.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2001
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