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

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.