Altair Named a Leader in the June 2024 Gartner® Magic Quadrant™ for Data Science and Machine Learning Platforms

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]