Altair Engineering
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IvaraX Analysis
Altair Engineering is an established enterprise software provider specializing in AI-powered simulation, high-performance computing, and data analytics solutions. Recently acquired by Siemens, the company brings nearly four decades of experience serving major organizations across aerospace, automotive, healthcare, and other industries with comprehensive computational intelligence tools.
Key Strengths
- +Extensive product portfolio with 180+ integrated solutions covering the full spectrum of simulation and data analytics needs
- +Strong enterprise credentials with documented success stories from major organizations like NASA JPL, NVIDIA, and Hitachi
- +Industry recognition including Gartner Magic Quadrant Leader status for Data Science and Machine Learning
- +Siemens acquisition provides enhanced resources and integration with broader industrial software ecosystem
- +Comprehensive platform approach with Altair One cloud innovation gateway unifying simulation, analytics, and HPC resources
Ideal For
- →Large enterprises requiring comprehensive simulation and HPC capabilities across multiple departments
- →Engineering-intensive organizations in aerospace, automotive, and manufacturing sectors
- →Companies seeking to implement AI-driven design and data analytics at enterprise scale
- →Organizations looking for a unified platform approach to computational intelligence rather than point solutions
Things to Consider
- !Enterprise-focused solutions may present complexity and cost considerations for smaller organizations
- !Recent Siemens acquisition may result in platform changes and integration adjustments during transition period
- !Comprehensive platform approach requires organizational commitment to maximize return on investment
About Altair Engineering
Altair Engineering, Inc. is a global leader in computational intelligence, providing enterprise-grade software solutions for simulation, high-performance computing (HPC), data science, and artificial intelligence. Founded nearly 40 years ago and listed on Nasdaq as ALTR, the company has recently been acquired by Siemens, creating what they describe as the world's most complete AI-powered portfolio of industrial software as part of the Siemens Xcelerator platform. Altair serves over 16,000 organizations worldwide across diverse industries including aerospace, automotive, healthcare, energy, and financial services. The company offers three primary platforms: Altair HyperWorks for design and simulation, Altair RapidMiner for data analytics and AI, and Altair HPCWorks for high-performance computing and cloud solutions. With access to over 180 products, Altair enables organizations to accelerate digital transformation, make smarter decisions, reduce costs, and improve overall business performance. Their solutions are deployed across numerous environments and industries, from helping NASA JPL accelerate space missions to enabling automotive manufacturers to design stronger, lighter vehicles. Altair has established itself as an industry leader with recognition including being named a Leader in the 2025 Gartner Magic Quadrant for Data Science and Machine Learning Platforms. The company maintains a strong commitment to sustainability and has earned accolades for workplace culture and environmental, social, and governance (ESG) practices.
Why Choose Altair Engineering
- Comprehensive AI-powered platform with access to over 180 integrated products for simulation, HPC, and data analytics
- Recognized industry leader - named in 2025 Gartner Magic Quadrant for Data Science and Machine Learning Platforms for second consecutive year
- Proven track record with 16,000+ global organizations including NASA JPL, NVIDIA, and Aston Martin
- Flexible licensing model and open, programmable architecture enabling collaborative access across simulation, analytics, and cloud resources
- Now part of Siemens, providing enhanced capabilities through the Siemens Xcelerator platform
Services
Data Analytics ConsultingIndustrial DesignProduct EngineeringStaffingAI-Powered EngineeringElectromagneticsElectronic System DesignFluids & ThermalHPC & CloudInternet of ThingsStructural AnalysisSystems Modeling
Technologies
Artificial IntelligenceMachine LearningHigh Performance ComputingCloud ComputingDigital TwinSimulationData AnalyticsGenerative AI
Tech Stack(detected from website)
Cloud Computing InfrastructureHigh-Performance Computing (HPC)AI/Machine Learning PlatformsDigital Twin TechnologySimulation SoftwareData Analytics Tools
Industries Served
Notable Clients
Argonne National LaboratoryAston MartinHitachi Construction Truck ManufacturingMabeNASA JPLNVIDIA
Categories
Company Info
- Headquarters
- Troy, MI, US
- Employees
- 1000+
