Brief

Israel’s National Electricity Company to Use Risk Management Software by SAS

The deal is worth about $1.1 million, according to one person familiar with the matter

Israel’s national electricity supplier Israel Electric Corporation (IEC) will use risk management and abnormal activity detection software developed by North Carolina-headquartered analytics software company SAS Institute Inc., Mia Analytics, SAS’ exclusive distributor in Israel, announced Thursday. The deal is worth about NIS 4 million (approximately $1.1 million), according to one person familiar with the matter who spoke to Calcalist on condition of anonymity.

 

Israel Electric Corporation. Photo: Elad Gershgoren