Altair Engineering Inc. (ALTR) entered into an agreement with HP Inc to enhance the Altair Material Data Center. This collaboration will provide customers with access to accurate material property data. This enhancement helps bridge the gap between the design and production of 3D-printed parts, addressing a common challenge in the industry.Per the agreement, HP will provide Altair with proprietary material information. This will enable designers, engineers and scientists to browse, search and compare materi ...

HP data will bolster Altair® Material Data Center™ bridging gap between design and production of 3D-printed partsTROY, Mich., June 24, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, has signed an agreement with HP Inc. in which HP will provide Altair with proprietary material information that will bolster the Altair® Material Data Center™, which enables designers, engineers, and scientists to browse, search, and compare materials in a standalone application or thr ...

Core Insights - Altair has been recognized as a Leader in the Magic Quadrant for Data Science and Machine Learning Platforms by Gartner, highlighting its Completeness of Vision and Ability to Execute [1][2] Group 1: Company Positioning - Altair's offering, Altair® RapidMiner®, has been evaluated positively for its mature and targeted strategy that incorporates generative AI to enhance customer business value [2] - The company is noted for its capability to innovate rapidly, outperforming other vendors in the market [2] - Altair's CEO, James R. Scapa, emphasized that this recognition validates the company's unique and comprehensive offerings in data analytics and machine learning [2] Group 2: Market Analysis - The Magic Quadrant report provides a comprehensive view of provider positions in high-growth markets, categorizing them into Leaders, Challengers, Visionaries, and Niche Players [2] - The report is based on rigorous, fact-based research, allowing businesses to align their technology needs with market analysis [2]

TROY, Mich., June 20, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, was added to the S&P MidCap 400 by S&P Dow Jones Indices effective prior to the open of trading on Monday, June 24."Being added to the S&P 400 represents a significant milestone in Altair's journey as a public company," said James R. Scapa, founder and chief executive officer, Altair. "It is a testament to our strong and steady growth and our demonstrated leadership in simulation and design, data ...

Addition will expand access to Altair's digital engineering experienceTROY, Mich., June 17, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced that Altair One®, Altair's cloud innovation gateway, is now available on Google Cloud Marketplace, opening up a world of possibilities for users seeking seamless access to powerful simulation, data analytics, and high-performance computing (HPC) capabilities.Altair One, Altair’s cloud innovation gateway, is now availa ...

Core Insights - Altair is the official computational science and AI partner for the NYYC American Magic team in their pursuit of victory in the 37th America's Cup starting August 22 [1][4] - Altair's technology, including computational fluid dynamics (CFD), structural analysis, data analytics, and high-performance computing (HPC), has significantly enhanced the yacht design and testing process for American Magic [2][3] Company Overview - Altair is recognized as a global leader in computational intelligence, providing software and cloud solutions that enable organizations to make smarter decisions and compete effectively [6] - The company focuses on simulation, HPC, data analytics, and AI, aiming to foster a greener and more sustainable future [6] Collaboration Highlights - The partnership between Altair and American Magic exemplifies a shared vision of innovation and excellence, with both organizations committed to pushing the boundaries of technology [4] - American Magic's CEO, Mike Cazer, emphasized the crucial role of Altair's technology in designing a yacht that enhances their competitive capabilities for the America's Cup [4] Event Details - The 37th America's Cup will commence in Barcelona, Spain, with the Preliminary Regatta on August 22, followed by the Challenger Series, and the final match scheduled for October 12-21 [4]

Event will showcase AI-driven innovations in design, simulation, and manufacturingTROY, Mich., June 10, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR) a global leader in computational intelligence, announced its ATCx AI for Engineers 2024 global virtual event will be held on June 20. The event will bring together design, simulation, and manufacturing engineers from around the world to explore the transformative potential of artificial intelligence (AI) in product development.The event features an impressive lin ...

TROY, Mich., May 23, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, today announced that Matt Brown, chief financial officer, will present in a fireside chat at each of the following investor conferences: Event:William Blair Growth Stock ConferenceWhen:Wednesday, June 5, 2024Location:Chicago, ILTime:12:40 p.m. CT (1:40 p.m. ET)  Event:Baird Global Consumer, Technology & Services ConferenceWhen:Thursday, June 6, 2024Location:New York, NYTime:11:25 a.m. ET  Even ...

Altair Engineering Inc. (NASDAQ:ALTR) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Stephen Palmtag – Head-Investor Relations Jim Scapa – Founder, Chairman and Chief Executive Officer Matt Brown – Chief Financial Officer Conference Call Participants Dylan Becker – William Blair Stephen Tusa – JPMorgan Chase & Company Charles Shi – Needham & Company Ahmad Khalil – Oppenheimer & Company Joshua Tilton – Wolfe Research Blair Abernethy – Rosenblatt Securities Matthew Hedberg – RBC ...

© Altair Engineering Inc. Proprietary and Confidential. All rights reserved. EARNINGS PRESENTATION Q1 FY24 © Altair Engineering Inc. Proprietary and Confidential. All rights reserved. Safe Harbor Statement This presentation and the accompanying oral commentary may contain “forward-looking” statements that are based on our beliefs and assumptions and on information available to us as of the date of this presentation. All statements other than statements of historical facts contained in this presentation, inc ...