Altair, also known as Altair Engineering, is a publicly owned software development company founded in 1985. Headquartered in the US, it employs approximately 3,370 people. The company's primary offerings consist of software and cloud-based solutions focused on simulation, high-performance computing (HPC), and artificial intelligence (AI).
Altair and Gordon Murray Group announced a collaboration on October 26, to use simulation technology for vehicle platform development, focusing on sustainability. A subsequent announcement on an unspecified date detailed a further collaboration with Gordon Murray Group (GMG) as part of the Advanced Propulsion Centre UK (APC) facilitated project M-LightEn. This project uses Altair's optimization solutions and concept development processes for ultra-lightweight, low-CO2 platform development. Separately, Altair partnered with the Scottish Federation of Housing Associations (SFHA) to launch an AI Readiness Assessment tool, providing insights into AI adoption for improved productivity and tenant experience. The tool's launch date is not specified. Altair also offered webinars on credit risk model validation, comparing validation strategies and interpreting outputs, and on data analytics challenges in the credit risk industry, covering liquidity, equity, and other banking features; the dates of these webinars are not specified.
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