Core Insights - Altair and L&T Technology Services have launched a 5G-6G Wireless Center of Excellence (CoE) to enhance capabilities in various industries [1][2] - The CoE aims to address challenges such as connectivity breakdowns, high operational costs, and slower innovation cycles in sectors like telecommunications, automotive, manufacturing, and healthcare [3][4] Company Overview - Altair is recognized as a global leader in computational intelligence, providing software and cloud solutions in simulation, high-performance computing, data analytics, and AI [7] - L&T Technology Services (LTTS) is a global leader in engineering and technology services, offering design, development, testing, and sustenance services across various sectors [8] CoE Objectives and Initiatives - The CoE will leverage Altair's design and simulation tools alongside LTTS's domain expertise to unlock the potential of 5G and 6G technologies [3][4] - It will focus on initiatives such as network planning, enhancements to wireless connectivity, and the development of digital twins for 5G and 6G networks [9] Training and Collaboration - The CoE will provide hands-on training, workshops, and collaborative spaces to assist industries in adopting wireless technologies tailored to their specific challenges [5] - It aims to foster smarter infrastructure, drive operational efficiency, and improve decision-making processes across various industries [5]

Core Insights - Altair is hosting its flagship annual event, Future.Industry 2025, virtually on March 5-6, 2025, focusing on technology's impact on various sectors [1][2] - The event will feature prominent organizations such as NVIDIA, Microsoft, and Accenture, discussing trends in simulation, high-performance computing (HPC), artificial intelligence (AI), and data analytics [1][3] Event Structure - The event is designed for audiences of all levels, offering both high-level content and specialized presentations across various industries [4] - Day 1 and the first part of Day 2 will consist of a unified main session, while the latter part of Day 2 will include four parallel tracks [4] - The event will cover three time zones (Americas, EMEA, APAC) and provide live audio translations in eight languages [4] Featured Speakers - Notable speakers include industry leaders and analysts from companies like Google, Capgemini, and Forrester, emphasizing the event's diverse expertise [6] - The event will include tracks focusing on engineering and AI, enterprise AI adoption, HPC challenges, and preparing students for engineering and data science careers [6]

Core Insights - Altair has partnered with Adastra GmbH to enhance data-driven decision-making and maximize data value for clients in the EMEA region [1][2][5] Company Partnership - Adastra GmbH is recognized as a leading global consultancy specializing in data-driven transformation and will utilize its AI and integration expertise to implement Altair's knowledge graph solutions [1][2][3] - The partnership aims to combine Altair's advanced data analytics and AI technologies with Adastra's integration capabilities to empower organizations in unlocking their data potential [3][5] Industry Impact - The collaboration is expected to address data challenges in LLM-based solutions, particularly in the automotive sector, enhancing retrieval and reasoning for smarter implementations [4] - This partnership reflects Altair's commitment to innovation and transformative solutions in an increasingly data-driven world [5][6]

Core Insights - Altair has welcomed Meridian Flight Systems into its Aerospace Startup Acceleration Program (ASAP) to enhance the development of the Corra UAV and HERMES projects [1][2][3] Group 1: Collaboration Details - Meridian will utilize Altair's next-generation simulation, data analytics, and high-performance computing (HPC) software to optimize the design and performance of the Corra UAV and HERMES [1][3] - The collaboration aims to expedite the projects from conception to certification and deployment, demonstrating a commitment to advancing aerospace innovation [3][4] Group 2: Technical Support and Research - Altair will provide dedicated technical support to ensure effective application of its software in complex aerospace projects, including aerodynamics, structural integrity, aeroelastics, and thermal systems [5] - Both companies will engage in collaborative research initiatives, coauthoring research papers and presenting at industry conferences to share insights and new data derived from the projects [5]

Core Insights - Altair has announced significant upgrades to its HPCWorks platform, enhancing its capabilities in high-performance computing and cloud services [1][2][3] Group 1: New Features and Enhancements - The new tools and capabilities expand cloud scaling for both Altair and third-party workload managers, integrating advanced monitoring and reporting features [2][3] - Enhanced AI-enabled job scheduling and visualization support for GPUs, Kubernetes, and machine learning workflows have been introduced [1][7] - The platform now operates within the Altair Units licensing system, allowing for flexible and scalable licensing options [5] Group 2: Cloud and AI Integration - The latest solutions enable enterprises to access cloud resources efficiently, optimizing hybrid computing environments and managing peak workloads [6] - AI integrations simplify job submission and reduce wait times, enhancing the efficiency of scheduling processes [7] - Detailed monitoring and reporting are now integrated into every Altair workload manager, providing IT administrators with essential data for decision-making [8] Group 3: Performance and Security Improvements - The product suite includes enhancements in security and performance, along with integration with advanced data analytics tools [9] - Greater GPU scheduling capabilities are designed to support chip design teams, facilitating faster results [9]

Award spotlights the automotive industry's finest innovations in sustainable, lightweight designTROY, Mich., Feb. 4, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced that the 2025 Altair Enlighten Award is now open for submissions. Presented annually in conjunction with the Center for Automotive Research (CAR), the award honors the greatest sustainability and lightweighting advancements in the automotive industry that reduce carbon footprint, mitigate wate ...

Core Viewpoint - Altair Engineering Inc. has received approval from its stockholders for a merger agreement with Siemens Industry Software Inc., a subsidiary of Siemens AG, with the acquisition price set at $113.00 per share in cash [1][2]. Company Overview - Altair is recognized as a global leader in computational intelligence, providing software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI, aimed at enhancing organizational competitiveness and sustainability [3]. - Siemens AG is a leading technology company focused on industry, infrastructure, mobility, and healthcare, with a fiscal 2024 revenue of €75.9 billion and a net income of €9.0 billion [4]. Merger Details - The merger will result in Siemens Industry acquiring all outstanding shares of Altair's common stock, and following the transaction, Altair's securities will be delisted from public stock exchanges [2]. - The final voting results from the special meeting will be filed with the U.S. Securities and Exchange Commission (SEC) [1].

Company Overview - Altair Engineering (ALTR) is part of the Construction group, which consists of 88 companies and currently ranks 7 within the Zacks Sector Rank [2] - The company is categorized under the Engineering - R and D Services industry, which includes 18 companies and is ranked 129 in the Zacks Industry Rank [5] Performance Metrics - Year-to-date, Altair Engineering has returned approximately 29.6%, significantly outperforming the average return of 15.3% for Construction stocks [6] - Over the past 90 days, the Zacks Consensus Estimate for ALTR's full-year earnings has increased by 11.1%, indicating improved analyst sentiment and a more positive earnings outlook [4] Comparative Analysis - Altair Engineering is outperforming its peers in the Engineering - R and D Services industry, which has seen an average gain of 11.1% this year [5] - Another notable performer in the Construction sector is Cavco (CVCO), which has returned 30% since the beginning of the year, indicating that both companies are strong contenders in the market [6][7]

Core Insights - Altair has enhanced its RapidMiner platform to enable users to build and deploy advanced AI agents, integrating generative AI into workflows for improved automation and operational intelligence [1][2]. Company Overview - Altair is recognized as a global leader in computational intelligence, providing software and cloud solutions in simulation, high-performance computing, data analytics, and AI [7]. Product Features - The new AI agent framework in Altair RapidMiner allows for the creation of autonomous AI agents that integrate graph-based intelligence, machine learning, simulations, and business rules, enhancing operational capabilities [3]. - Key features of the AI agents include: - **AI Fabric**: A dynamic, graph-powered environment that unifies data, actions, and actors, enabling real-time collaboration between agents and humans [4]. - **Graph-Powered Contextual Intelligence**: Utilizes knowledge graphs for a comprehensive understanding of relationships and real-time data, allowing agents to adapt and generate insights [4]. - **Seamless Integration**: Combines agentic AI with physical simulations and traditional models, creating a robust platform for scalable automation [4]. - **Governance and Traceability**: Ensures all actions of AI agents are traceable and governed, providing transparency and accountability [4]. - **Enhanced Multi-Agent Collaboration**: AI agents act as dynamic participants, continuously refining their context and collaborating with other agents and human users [4]. Advanced Capabilities - Altair RapidMiner's AI agents feature advanced capabilities such as: - **Natural Language Understanding (NLU)**: Enables agents to process complex inputs [5]. - **Tool Integration**: Connects seamlessly to APIs and external tools [5]. - **Multi-Agent Coordination**: Facilitates collaboration on complex tasks [5]. - **Context Awareness and Memory**: Ensures continuity across tasks [5]. - **Advanced Planning and Reasoning**: Allows for dynamic strategy adjustments based on real-time inputs [5].

Core Insights - Altair has appointed Alexander Thamm GmbH as a channel partner for the DACH region, which includes Germany, Austria, and Switzerland, to enhance data and AI innovation for EMEA customers [2][3] - The partnership aims to leverage Altair's RapidMiner platform alongside Alexander Thamm GmbH's expertise in data and AI, focusing on delivering transformative analytics and sustainable insights [4][5] Company Overview - Alexander Thamm GmbH, founded in 2012 and headquartered in Munich, specializes in data and AI consulting, employing over 500 experts across the DACH region [5] - The company has successfully completed more than 2,700 data and AI projects, serving numerous DAX-listed companies and medium-sized enterprises [5] Partnership Objectives - The collaboration seeks to empower businesses with seamless data migrations and advanced analytics capabilities tailored to their specific needs [4] - Both companies are committed to optimizing operations and reshaping the landscape of data management and migration services in the DACH region [5]