Altair Engineering was founded in 1985 and is headquartered at Troy, Michigan, USA. Altair has a team of more than 2000 scientists, engineers and innovators in more than 20 countries, with a large customer base in U.S., Europe, India, Singapore and other countries. To date, the company has undertaken more than 8000 customer installations.
Altair is a technology company that provides software and cloud solutions in the areas of product development, high end cloud computing and data intelligence. It provides enterprise class CAE solutions for the entire lifecycle of a product - from concept design to in-service operation. Altair has a presence in US, Europe, Brazil, India, Singapore, Australia and other countries. The software driven company gets its revenue almost equally from the Americas, Europe and Asia Pacific region.
Altair and its business partners (like DesignTech Systems, India) has well established and growing customers in the automotive, aerospace, defence, energy, heavy engineering and other sectors. Altair gets its competitive edge from constant innovation, dedicated and focused team of developers and strategic business / partner tie-ups with leading companies across the world.
Once a closely held company, Altair has now gone public in the US in October 2017.
Altair - Products
Altair specializes in Physics Solvers & Optimization, Design - Modelling and Visualization, Simulation-Driven Design, Internet of Things (IoT), Data Analytics, High-performance Cloud Computing (HPC). The company's software helps transform design and decision making by applying simulation, machine leaning and optimization throughout product lifecycles. Altair is a forward thinking company that believes in embracing diversity and seeking technological innovations.
The company is at the forefront of enterprise technology in analyzing, optimizing and visualizing information that empowers decision makers in business and engineering. In the CAE domain - which is at the heart of Altair's offering - the company has a focus on the following core areas:
Altair Physics Solvers & Optimization
Solvers typically are standalone software that takes input data, process them using specific algorithms and to give an output that correspond to the result of the analysis. In other words, solvers are mathematical software "engines" that use advanced computational algorithms to predict physical performance. It is the job of the optimization software to assimilate this data and process it most efficiently. Altair currently offers the following products in this field:
Altair Design, Modelling and Visualization
Modelling and visualization software provide the power and versatility to precisely view, model, document and visualize data. Altair provides modelling and visualization tools that allow advanced physics attributes to be modelled and rendered on top of object geometry in high fidelity. This enables design engineers to perfect the product. As of date, Altair offers the following software in the modelling and visualization field:
Altair Simulation-Driven Design
Altair believes that design innovation should be powered by simulation software. The Altair Hyperworks™ suite of product provides tools that generate early concepts to address requirements for ergonomics, aesthetics, performance, and manufacturing feasibility. Each of the following modules from the HyperWorks® suite provides a unique simulation solution:
Altair High-performance Cloud Computing (HPC)
Altair designs and sells dozens of CAE software products that engineers use to optimize design performance across multiple disciplines. These products encompass structures, motion, fluids, thermal management, electromagnetics, system modelling, and embedded systems. A tremendous amount of computing power is needed to do data crunching in CAE simulations and models. The HPC tools from Altair are an attempt of making HPC mainstream by leveraging this big data. Altair HPC tools enable engineers and scientists to take advantage of super computing capabilities on demand to solve complex engineering problems. HPC solutions from Altair are software applications that streamline the workflow management of compute-intensive tasks including solvers, optimization, modeling, visualization and analytics in fields such as Product Lifecycle Management (PLM), weather modeling, bio-informatics and electronic design analysis. The current range of Altair’s HPC offerings include:
Custom Solutions from Altair
Altair also provides custom solutions - especially for HyperWorks and SolidThinking - that meet the unique requirements of customers, embedding the simulation platform with client specific intelligence. This enables customers to streamline process efficiency and provide innovative design solutions to the end client.
Training
The Academic Program that Altair has started aims to provide students with insights that will them build their career and make them better engineers in the process. The company also runs competitions to encourage students get a 'hands on' experience about Altair products. Altair also provides training to working professionals so that they can make maximum use of the advanced features that Altair provides with its software. Such training is available in India, Singapore and other countries through Altair or its partners.
Altair – Future Outlook
Altair is a global technology company that provides software and cloud solutions in the areas of product development, HPC and data intelligence. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future. Altair’s technology focus is on simulation and AI driven design, smart product design, data intelligence, electronics design, advanced manufacturing, HPC and cloud delivery. The company is always on the lookout of any innovation / tie-up / acquisitions that will provide value addition to its gamut of existing CAE products. Apart from providing these products, Altair also provides services related to their software including consulting, training, implementation services, and support, along with technical services for product development. Altair's headquarters includes an industrial design studio, a prototype shop, and test facilities. Altair has identified emerging markets – like India and Singapore for example – for future expansion. Unlike the competition, Altair's strength lies in the ability to back up their products with engineering knowledge. This helps Altair deliver products exactly the way their customers need.
The key drivers of the future are application of 3D printing, additive manufacturing, prototyping, industrial automation, IoT and AI. Since Altair has a presence in all these domains, the future outlook for Altair looks bright.