The Evolution of Valuations in the SAS Market

SAS is one of the relatively attractive business models with high margins and recurring revenue, which is in particularly valued highly in this market. And if you look at Q1 data in the US, the good news for the audience here at the SAS conference at SAS is among the industries with the highest valuations. But also what I think is interesting when looking at this chart is that some of the really trendy areas still break out from this like renewable energy.