ALTR Stock Quote
Company Report
Altair Engineering Inc., along with its subsidiaries, offers a broad spectrum of software and cloud-based solutions specializing in simulation, high-performance computing (HPC), data analytics, and artificial intelligence (AI) on a global scale. The company operates through two core segments: Software and Client Engineering Services.
Under the Software segment, Altair provides an extensive array of products including solvers and optimization technologies, HPC applications and hardware, modeling and visualization tools, data analytics solutions, and Internet of Things (IoT) platforms. These technologies cater to diverse industries such as aerospace, automotive, marine, chemical, and architecture, enabling advanced applications like computational fluid dynamics, fatigue simulation, and manufacturing process optimization.
Altair's Software segment also offers consulting, implementation, and training services aimed at enhancing product design and development processes. These services span from component-level analysis to complete product engineering throughout various stages of the product lifecycle.
The Client Engineering Services segment of Altair focuses on providing specialized engineering services directly to clients. Additionally, the company has ventured into solid-state lighting technology development, integrating communication and control protocols based on its intellectual property. This innovation targets the direct replacement of fluorescent tubes with LED lamps, emphasizing energy efficiency and sustainability in lighting solutions.
Founded in 1985 and headquartered in Troy, Michigan, Altair Engineering serves a diverse clientele including universities, government agencies, manufacturers, pharmaceutical firms, financial services, weather prediction agencies, and electronics design companies. Altair continues to innovate and expand its technological offerings, ensuring it remains at the forefront of software solutions for engineering and beyond.
ALTR EPS Chart
ALTR Revenue Chart