Altair Engineering (NASDAQ:ALTR), Inc. (NASDAQ: ALTR) is a global technology company specializing in software and cloud solutions for product development, high-performance computing (HPC), and data analytics. The company’s offerings enable clients to optimize designs, simulate performance, and leverage data-driven insights across a broad spectrum of industries. By integrating engineering, artificial intelligence, and high-performance computing, Altair helps organizations accelerate innovation, reduce time to market, and improve product quality.
At the core of Altair’s product suite is HyperWorks, a comprehensive computer-aided engineering (CAE) platform that delivers simulation-driven design for structural analysis, fluid dynamics, and electromagnetics. Complementing HyperWorks is Altair’s cloud-based platform for on-demand computing and data management, allowing engineers and researchers to scale compute resources and collaborate in real time. The company also offers specialized solutions for data analytics, machine learning, and Internet of Things (IoT) applications, catering to industries that require advanced predictive modeling and real-time insights.
Founded in 1985 by James R. Scapa, Altair has grown from a small consulting firm into a recognized leader in the engineering software space. Under the leadership of Scapa and the executive team, the company has expanded its capabilities through strategic acquisitions and partnerships, integrating new simulation methods and data analytics tools into its portfolio. Altair’s governance emphasizes innovation and customer-centric development, with ongoing investments in research and development to address evolving market demands.
Headquartered in Troy, Michigan, Altair serves clients in North America, Europe, Asia-Pacific, and beyond. Its solutions are widely adopted in automotive, aerospace, defense, electronics, energy, and life sciences sectors, where reliable simulation and data analytics are critical. By offering both on-premises and cloud-based deployment options, Altair ensures that organizations of all sizes can access powerful computing resources and industry-leading engineering tools.
