February 28, 2015 12:28 AM ET

Internet Software and Services

Company Overview of Altair Engineering, Inc.

Company Overview

Altair Engineering, Inc. provides simulation technology and services worldwide. It offers HyperWorks, a computer-aided engineering simulation software platform that allows businesses to create products; PBS Works, an on-demand cloud computing technology; PBS Professional, which allows enterprises to share distributed computing resources across geographic boundaries; and Green Provisioning technology that automatically powers down and wakes up systems to conserve electricity. The company also provides enterprise software and solution that helps companies solve business and engineering problems at the desktop, team, and enterprise levels; and industrial design/styling software, which helps des...

1820 Big Beaver Road

Troy, MI 48083

United States

Founded in 1985





Key Executives for Altair Engineering, Inc.

Chairman and Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
President of Ilumisys
President of Altair ProductDesign
Compensation as of Fiscal Year 2014.

Altair Engineering, Inc. Key Developments

Prodrive Deploys Altair's Computational Fluid Dynamics Solution to Streamline Powertrain Development

Altair announced that British motorsport and engineering group Prodrive has deployed AcuSolve(R) for its Computational Fluid Dynamics (CFD) simulation. AcuSolve is a leading general-purpose CFD flow solver with superior robustness, speed and accuracy. Users can quickly obtain quality solutions without iterating on solution procedures. AcuSolve is seamlessly coupled with the structural solvers of HyperWorks(R), a comprehensive suite of computer-aided engineering (CAE) tools which enable businesses to create superior, market-leading products efficiently and cost effectively. Altair's unique unit-based licensing system plays an important role in maximizing all of Prodrive's processing power, as it empowers CAE engineers to fully utilize the entire HyperWorks software suite as necessary, without having to deal with increased licensing costs. This flexibility was important to Prodrive, as it enables the engineers to better manage their computational resources and workload. It is the company's goal to fully leverage additional capabilities within Altair's HyperWorks in the future.

Centro para a Excelencia e Inovacao na Industria Automovel (CEIIA) Selects HyperWorks(R) as Standard Platform for Innovation

Altair announced that Centro para a Excelencia e Inovacao na Industria Automovel (CEIIA) has chosen and deployed HyperWorks(R) as its standard computer-aided engineering (CAE) platform for most of their projects. HyperWorks is used mainly for finite element (FE) analysis. HyperMesh(R), HyperForm(R), HyperCrash(R), and MotionView(R) are used for preprocessing tasks, while OptiStruct(R) and RADIOSS(R) are the FE solvers used within the development process. MotionSolve(R) enables multi-body simulations and HyperView(R) is employed for post-processing tasks. Altair products are also used for scientific purposes, namely to study the dynamic behavior of composite materials.

Top Global Weather Service Selects Altair for Petascale Workload Management

Altair announced that it has selected Altair's PBS Professional for workload management on its two Cray XC30 supercomputing systems. Researchers and scientists at DWD will utilize the petascale systems to produce higher resolution and more accurate global and regional weather predictions to help fulfill the organization's wide array of weather responsibilities, including the meteorological safeguarding of aviation and shipping and the issuance of official warnings of weather occurrences that could become dangerous to public safety. A longtime leader in HPC workload management, the company’s PBS Professional has been used for more than 20 years at thousands of customer sites to easily share distributed computing resources across geographic boundaries. PBS Professional is the flagship product for PBS Works, a comprehensive suite for optimizing HPC and cloud computing environments including portal products for job management, analytics and remote visualization. Numerical weather prediction uses many different types of simulations, modeling techniques and components at different spatial and temporal scales. The meteorological models used are extremely data intensive, and the computational and data requirements to simulate these models are massive. In addition, with increases in available data and better understanding of the requirements for improving forecast accuracy, demands for handling complexity and big data movement grow even higher. Thus, weather centers require not only scalable architectures that support highly compute-intensive applications and efficient data movement they also require a well-integrated solution built by experts who understand the experience of architecting and delivering systems at scale and complexity. Leaders in the field of HPC solutions for weather and climate centers, Cray and Altair have collaborated to develop an integrated solution offering a breakthrough in system utilization strategy and high-performance workload scheduling and management. Designed with the demands of numerical weather prediction in mind, the Cray-Altair solution enables weather facilities to exploit peak performance capabilities while improving service quality and utilization rates.

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