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Altair Engineering Inc (Altair), a subsidiary of Siemens AG, is a technology company that provides software and cloud solutions. The company's main activities involve developing software and technologies that enable organizations to design and optimize products and processes. Altair's major products include Altair HyperWorks, Altair RapidMiner, and Altair One, data analytics, and cloud computing. The company's solutions are utilized by customers across various industries, including automotive, aerospace, and electronics, to enhance product development and operational efficiency. Altair is headquartered in Troy, Michigan, the US.
Headquarters
United States of America
Address
1820 E Big Beaver Rd, Troy, Michigan, 48083-2031
Website
www.altair.com
Telephone
1 248 6142400
No of Employees
3,300
Industry
Technology and Communications
Revenue (2024)
$665.8M
Altair Engineering Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Technology Platform: | Altair |
| Altair HPCWorks | HPC Works |
| Altair HyperWorks | Accelerator |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In October, the company announced updates to its Altair RapidMiner data analytics and AI platform. |
| 2025 | Contracts/Agreements | In September, the company entered into a memorandum of understanding with the Polytechnic University of Turin to offer all student teams of the university access to Altair technology. |
| 2025 | Contracts/Agreements | In September, the company signed a memorandum of understanding with Wichita State University's National Institute for Aviation Research to promote innovation in the aerospace and defense sectors. |
Competitor Comparison
| Key Parameters | Altair Engineering Inc | Gosuncn Technology Group Co Ltd | HeNan Splendor Science&Technology Co Ltd | Maxvision Technology Corp | Beijing Highlander Digital Technology Co Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | China | China | China | China |
| City | Troy | Guangzhou | Zhengzhou | Shenzhen | Beijing |
| State/Province | Michigan | Guangdong | Henan | Guangdong | Beijing |
| No. of Employees | 3,300 | 2,081 | - | 1,123 | 391 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| James R. Scapa | Chairman; Chief Executive Officer | Executive Board | 1985 | 69 |
| Matthew Brown | Chief Financial Officer | Senior Management | 2021 | 45 |
| Stephanie Buckner | Chief Operating Officer | Senior Management | 2021 | 38 |
| Mahalingam Srikanth | Chief Technology Officer | Senior Management | 2014 | 55 |
| Amy Messano | Chief Marketing Officer | Senior Management | 2019 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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