Altair Engineering Inc.

Company Overview

Altair Engineering Inc. is a computational science and AI company, enabling organizations across broad industry segments to deliver smarter decisions in an increasingly connected world. The company offers software and cloud solutions in the areas of simulation and design, data analytics, high-performance computing (HPC), and AI. The products and services leverage computational intelligence to drive innovation for a more connected, safe, and sustainable future.

The integrated suite of software optimizes design performance across multiple disciplines encompassing motion, structures, thermal, fluids, system modeling, electromagnetics, and embedded systems while also providing AI solutions and true-to-life visualization and rendering. The HPC solutions maximize the efficient utilization of complex compute resources and streamline the workflow management of compute-intensive tasks for applications including AI, modeling and simulation, and visualization. In addition, data analytics, AI, and IoT products include data preparation, data science, MLOps, orchestration, and visualization solutions that fuel engineering, scientific, and business decisions.

Financial Highlights (FY 2023)

Company's Business Segments

• Software : Software segment includes Software, Software Services, Software Related Services. software products including Solvers, Optimization Technology Products, High-performance Computing Software Applications, Hardware Products, Modeling and Visualization Tools, Data Analytics and Analysis Products, IoT Platform, Analytics Tools.
• Client Engineering Services : Client Engineering Services segment provides Client Engineering Services to Support Customers with Long-term, Ongoing expertise.
• Other : This segment represents Innovative Services, Products, including Toggled, LED Lighting Business.