History of Altair
Altair Engineering Inc. is an American multinational information technology company headquartered in Troy, Michigan. They provide product design and engineering solutions, enterprise services, data analytics, IoT and cloud computing. Altair was founded by James R Scapa, George Christ, and Mark Kistner in 1985. Altair Engineering is the creator of the HyperWorks suite of CAE software products.
Altair was established in 1985. In 1990, HyperMesh was released. In 1994, Altair receives IndustryWeek’s “Technology of the Year” award for OptiStruct.
During the 2008 economy crisis, Altair started a program to offer free training on its product for unemployed persons in Michigan.
In September 2010, Altair purchased a 136,000-square-foot (12,600 m2) Annex Facility in Troy, to initially house Altair’s subsidiary ilumisys, Inc.
In September 2011, Altair ProductDesign unveiled BUSolution, a hybrid hydraulic bus.
By 2013, Altair had expanded its offices to 19 countries with over 1,800 employees
In November 2017, Altair went public with an IPO on the Nasdaq stock exchange.
In June 2020, Altair provided software updates to all of their products, enhancing workflows and providing access to more tools for data analytics, machine learning, and physics.
During January 2021, Altair worked with Rolls-Royce Holdings to improve the aero jet engine design process with AI and machine learning.
About Altair
Changing Tomorrow, Together
When data science meets rocket science, incredible things happen. The innovation our world-changing technology enables may feel like magic to users, but it’s the time-tested result of the rigorous application of science, math, and Altair.
Our comprehensive, open-architecture simulation, artificial intelligence (AI), high-performance computing (HPC), and data analytics solutions empower organizations to build better, more efficient, more sustainable products and processes that will usher in the breakthroughs of tomorrow’s world. Welcome to the cutting edge of computational intelligence – no magic necessary.
Validate. Accelerate. Altair.
Since our founding in 1985, Altair has been making more possible for our customers. Now, with the applied convergence of AI, data analytics, HPC, and simulation, the definition of what’s possible grows more ambitious every day.
After all, we’ve never been content to stay in the present. Instead, we’re always focused on the future – always committed to forging a better, smarter world and delivering the tools and technology needed to make that world a reality. For us, “Only Forward” is our rallying cry – it encapsulates who we are, where we want to go, and how we plan to get there. Join us in creating tomorrow’s world, today.
Data Analytics and Artificial Intelligence
Data is unlike any other asset your organization owns. It never wears out, it never drains, and it can be used repeatedly. But the value in data isn’t simply in having it, it’s in how you use it. Our technology creates modern, data-driven enterprises by giving teams the power to use data analytics and AI to gain competitive advantages and drive next-level business results.
Design and Simulation
Our pioneering simulation-driven approach is powered by our best-in-class software suite and nearly four decades of simulation and engineering expertise. Our simulation and design technology encompasses all disciplines – from structures to motion, fluids, thermal management, electromagnetics, electronic system design, system modeling, and more – to give users the power to build better products and processes faster. Our solutions reduce development times, lower costs, reduce waste and energy usage, and streamline the entire product lifecycle from start to finish, so users know they’re optimizing everything from concept to in-service operation and beyond.
HPC and Cloud
Nobody likes moving. But moving to the cloud can reduce the cost of managing and maintaining your IT systems. The cloud also makes computing scalable and more powerful by giving you the freedom and power to access it when, where, and how you want. We provide all the power you need in the cloud, and if you need even more, we have a trusted network of elite partners. Through hybrid cloud and resource management, you can easily and securely use different cloud platforms with Oracle, Google, Microsoft, and Amazon. Whether your engineers want to explore simulation and data analytics combined with HPC and cloud on the Altair One™ platform or enjoy a turnkey solution with HPC in the cloud, we empower your organization to reach new HPC heights.
Our Cloud Innovation Gateway, Altair One, and Altair Units
With Altair, you get dynamic, collaborative access to simulation and data analytics technology – plus scalable HPC and cloud resources – all in one place with Altair One, our cloud innovation gateway. And all of this is made possible by our patented Altair Units licensing system, which gives you access to every Altair product and the power to solve on any scale. Simply put, no other system can give users the freedom, flexibility, and value that Altair Units do.
Our Core Values
The convergence of data science and AI-powered simulation boils down to a simple but powerful value proposition: The faster you can demonstrate the truth and/or value of a bold idea, the quicker you can make that idea – and the advantages that come with it – real. This mentality drives everything we do. Our vision is to transform enterprise decision-making.
Our people – affectionately referred to as Altairians – are, and always will be, our greatest asset. They’re driven by curiosity and a desire to look beyond the horizon for new insights, ideas, and possibilities for both our customers and ourselves. We envision the future, communicate honestly and broadly, and seek technology and business “firsts” while always embracing diversity and risk-taking.
References:
https://www.altair.com/company/
https://en.wikipedia.org/wiki/Altair_Engineering
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