NASDAQ:ALTR Stock Quote
Altair Engineering Inc is a global technology company that specializes in software and cloud solutions for engineering, simulation, data analytics, and artificial intelligence
The company provides innovative tools that empower organizations to optimize product design, improve performance, and enhance decision-making processes across various industries, such as automotive, aerospace, and manufacturing. Altair's offerings include advanced simulation software, data-driven insights, and machine learning algorithms, allowing clients to accelerate product development cycles while reducing costs and environmental impact. Through its commitment to sustainability and technological advancement, Altair aims to drive transformative outcomes for its customers.
Frequently Asked Questions
Does Altair have any partnerships or collaborations?
Altair Engineering has established strategic partnerships with major technology companies, research institutions, and universities. These collaborations help enhance its product offerings, expand market reach, and foster innovation by integrating complementary technologies.
How does Altair address customer service?
Altair Engineering prioritizes customer service through dedicated technical support teams and extensive training resources. The company provides users with access to documentation, tutorials, and a community forum to ensure that clients can effectively utilize their software products and achieve their desired outcomes.
How does Altair impact sustainability?
Altair is committed to sustainability by helping companies reduce their environmental impact through innovative design and optimization solutions. By using Altair's software, organizations can create more efficient products, reduce material waste, and minimize energy consumption, all of which contribute to a greener future.
How does Altair promote employee development?
Altair Engineering believes in fostering employee growth through continuous learning and development programs. The company offers various training opportunities, workshops, and resources to help employees enhance their skills and advance their careers within the organization.
How does Altair support research and development?
Altair Engineering actively supports research and development through significant investment in innovative projects and partnerships with universities and research institutions. This commitment ensures that the company stays at the forefront of technological advancements and can continuously improve its product offerings.
Is Altair publicly traded?
Yes, Altair Engineering Inc. is publicly traded on the Nasdaq under the ticker symbol 'ALTR.' The company went public in 2017, and since then, its stock has been an option for investors interested in the technology and engineering sectors.
What are Altair's financial performance trends?
Altair Engineering has generally shown strong financial performance, with increasing revenues over the years driven by the demand for its software solutions. The company continues to invest in R&D and expansion efforts, indicating a focus on long-term growth and sustainability in its business model.
What are Altair's future growth strategies?
Altair's future growth strategies focus on expanding its cloud-based offerings, enhancing its artificial intelligence capabilities, and targeting new markets while retaining its existing customer base. The company is committed to research and development to drive innovation and capitalize on emerging trends in technology.
What are some key products offered by Altair?
Altair offers a wide range of software products, including Altair HyperWorks for simulation and optimization, Altair Smart Learning for machine learning applications, and Altair Inspire for generative design. These tools are designed to enhance product performance, decrease development time, and facilitate better decision-making throughout the design process.
What are the key values of Altair Engineering?
Altair Engineering is guided by core values that emphasize innovation, integrity, and collaboration. These principles reflect the company’s commitment to delivering high-quality solutions to clients while fostering a culture of teamwork and ethical practices within the organization.
What does Altair Engineering Inc. do?
Altair Engineering Inc. is a global technology company that specializes in providing software and cloud solutions for product design and development. The company's offerings include simulation, optimization, and artificial intelligence tools that help businesses streamline their product development processes, enhance performance, and drive innovation across various industries, including automotive, aerospace, defense, and energy.
What industries does Altair serve?
Altair serves a diverse range of industries, including automotive, aerospace, defense, energy, consumer goods, and electronics. The company’s engineering solutions are tailored to meet the unique challenges faced in these sectors, enabling clients to improve product quality and performance while reducing development costs.
What is Altair's approach to innovation?
Altair Engineering prioritizes innovation through a strong emphasis on research and development. The company invests significantly in advancing its technologies, focusing on simulation-driven design and artificial intelligence to help clients solve complex engineering challenges and improve their products' performance and sustainability.
What is Altair's business model?
Altair Engineering operates on a subscription-based business model, providing software as a service (SaaS) to clients. This model allows customers to access the latest tools and technologies without the need for significant upfront investment, ensuring they can adapt quickly to changing market demands.
What is Altair's vision for the future?
Altair's vision for the future is centered around advancing innovation through technology and helping clients harness the full potential of simulation, data analytics, and artificial intelligence. The company aims to be a leader in engineering solutions that drive efficiency, sustainability, and performance across industries.
What recognition has Altair received in the industry?
Altair Engineering has received various awards and recognition for its contributions to engineering software and technology. These accolades acknowledge its leadership in innovation, commitment to sustainability, and the quality of its products and services.
When was Altair Engineering Inc. founded?
Altair Engineering Inc. was founded in 1985 by James Scapa and his colleagues as a small consulting firm focused on engineering and product design. Since then, the company has grown significantly, expanding its product offerings and market presence to become a key player in the engineering software industry.
Where is Altair Engineering Inc. headquartered?
Altair Engineering Inc. is headquartered in Troy, Michigan, USA. The company operates globally, with offices and operation centers in various countries to serve its diverse customer base effectively.
Who are Altair's main competitors?
Altair Engineering faces competition from various companies in the engineering software space, including ANSYS, Dassault Systèmes, Siemens PLM Software, and Autodesk. Each of these firms offers specific tools for simulation, design, and product lifecycle management, which compete with Altair's comprehensive suite of solutions.
What is the current price of Altair Engineering Inc. - Class A Common Stock?
The current price of Altair Engineering Inc. - Class A Common Stock is 111.85
When was Altair Engineering Inc. - Class A Common Stock last traded?
The last trade of Altair Engineering Inc. - Class A Common Stock was at 4:00 pm EDT on March 25th, 2025
What is the market capitalization of Altair Engineering Inc. - Class A Common Stock?
The market capitalization of Altair Engineering Inc. - Class A Common Stock is 8.97B
How many shares of Altair Engineering Inc. - Class A Common Stock are outstanding?
Altair Engineering Inc. - Class A Common Stock has 80.19M shares outstanding.