# Altair Engineering

> American Multinational Company

**Wikidata**: [Q434017](https://www.wikidata.org/wiki/Q434017)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Altair_Engineering)  
**Source**: https://4ort.xyz/entity/altair-engineering

## Summary
Altair Engineering is an American multinational company founded in 1985 that specializes in software for product design, simulation, and high-performance computing. The company is publicly traded on the Nasdaq under the ticker symbol ALTR and is headquartered in Troy, Michigan.

## Key Facts
- Founded in 1985 in Troy, Michigan
- CEO is James R. Scapa, an American businessman and computer scientist
- Publicly traded on Nasdaq since November 1, 2017 (ticker: ALTR)
- Employs approximately 2,339 people as of September 2020
- Specializes in software for computer-aided engineering, product design, simulation, analytics, artificial intelligence, and high-performance computing
- Owns subsidiaries including SolidThinking Embed and Visual Solutions, Inc.
- Legal entity identifier: 549300FJ89HZ6GU9S994
- Website: https://www.altair.com/

## FAQs
### Q: What does Altair Engineering do?
A: Altair Engineering develops software for product design, simulation, and high-performance computing. Their solutions help companies optimize designs, simulate performance, and accelerate product development across industries like automotive, aerospace, and manufacturing.

### Q: Where is Altair Engineering headquartered?
A: Altair Engineering is headquartered in Troy, Michigan, United States. The company was founded in Troy and maintains its headquarters there.

### Q: Who founded Altair Engineering?
A: James R. Scapa founded Altair Engineering in 1985. He currently serves as the company's CEO and is an American businessman with a background in computer science and engineering.

## Why It Matters
Altair Engineering plays a crucial role in modern product development by providing software that enables companies to simulate and optimize designs before physical prototyping. This approach significantly reduces development costs, accelerates time-to-market, and improves product quality across industries. Their solutions span computer-aided engineering, analytics, artificial intelligence, and high-performance computing, making them a key player in the digital transformation of manufacturing and product design. By helping companies make data-driven decisions early in the design process, Altair contributes to innovation in sectors ranging from automotive and aerospace to consumer electronics and industrial equipment.

## Notable For
- Pioneer in simulation-driven design and optimization software
- One of the few companies offering comprehensive solutions across the entire product development lifecycle
- Strong presence in high-performance computing and cloud-based simulation
- Development of HyperWorks, a comprehensive CAE platform used globally
- Integration of artificial intelligence and machine learning into engineering workflows

## Body
### Company Overview
Altair Engineering is an American multinational corporation that provides software and cloud solutions in simulation, high-performance computing (HPC), and artificial intelligence (AI). The company was established in 1985 and has grown to become a significant player in the computer-aided engineering (CAE) market.

### Products and Services
Altair's flagship product is HyperWorks, a comprehensive CAE platform that includes tools for structural analysis, computational fluid dynamics, electromagnetics, and multiphysics simulations. The company also offers solutions for data analytics, model-based development, and system simulation. Their software portfolio serves industries including automotive, aerospace, defense, consumer products, and industrial equipment.

### Technology Focus
The company has been at the forefront of integrating AI and machine learning into engineering workflows. Their solutions help organizations optimize designs, reduce material usage, improve performance, and accelerate product development cycles. Altair also provides high-performance computing solutions that enable complex simulations to run faster and more efficiently.

### Market Position
As a publicly traded company on the Nasdaq (ticker: ALTR), Altair has established itself as a key provider of simulation and optimization software. The company's solutions are used by major manufacturers worldwide to improve product quality, reduce development costs, and bring innovations to market faster.

### Corporate Structure
Altair operates as a Delaware corporation and maintains its headquarters in Troy, Michigan. The company has expanded globally with offices and operations in multiple countries, serving customers across various industries with its software and services.

## Schema Markup
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  "tickerSymbol": "ALTR",
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## References

1. GRID Release 2017-01-10
2. Polygon.io
3. Freebase Data Dumps. 2013
4. Global LEI Index
5. [Source](http://km.aifb.kit.edu/services/crunchbase/)
6. GRID Release 2016-12-06
7. Quora
8. Microsoft Academic Knowledge Graph
9. YouTube API
10. [OpenAlex](https://docs.openalex.org/download-snapshot/snapshot-data-format)