Altair Engineering

ALTR · NASDAQ

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About ALTR

Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing, and data intelligence. The company is headquartered in Troy, Michigan and currently employs 3,300 full-time employees. The company went IPO on 2017-11-01. The company provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics and artificial intelligence (AI). The company operates through two segments: Software and Client Engineering Services. Software segment includes software, software services, and software-related services. The software component of this segment includes its portfolio of software products, including its solvers and optimization technology products, HPC software applications and hardware products, modeling and visualization tools, data analytics and analysis products. Client Engineering Services segment provides client engineering services to support its customers with long-term, ongoing expertise. Its solution, FlightStream, provides computational fluid dynamics (CFD) software with a footprint in the aerospace and defense sectors. The company also offers strategic consulting and training in AI and data analytics.

Employees: 3,300
Headquarters: Troy, Michigan
Listed: Nov 1, 2017
Sector: Information Technology
Industry: Software
Website: altair.com

Leadership

Altair Engineering executives
Name	Title	Since	Age
James Scapa	—	1985	67
Matthew Brown	—	—	44
Stephanie Buckner	—	—	36
Gilma Saravia	—	—	49
Brian Gayle	—	—	48
Jeff Marraccini	—	—	55
Amy Messano	—	—	53
Nelson Dias	—	—	57
Ravi Kunju	—	—	55
Raoul Maitra	—	—	53
Mahalingam Srikanth	—	—	53
Jim Anderson	—	—	60
Shekar Ayyar	—	—	59
Mary Boyce	—	—	65
Sandra Carter	—	—	60
Stephen Earhart	—	—	75
Trace Harris	—	—	58

Revenue by product and region

Fiscal year ended Dec 31, 2024: $665.79M total revenue

By product

Total Software [Member]$611.90M91.9%
Engineering Services and Other [Member]$53.89M8.1%

By region

Americas [Member]$342.89M51.5%
UNITED STATES$323.90M48.6%
Asia Pacific [Member]$175.23M26.3%
EMEA [Member]$147.67M22.2%
Other Asia Pacific Countries.$132.78M19.9%
Other$209.11M31.4%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Altair Engineering suppliers and customers
Company	Relationship	Country	Correlation
Nasdaq NDAQ	Supplier and customer	US	0.92
QIAGEN QGEN	Supplier and customer	NL	0.88
Infineon Technologies IFX.DE	Supplier and customer	DE	0.81
Oracle ORCL	Supplier and customer	US	0.76
HPC Systems	Customer	JP	0.71
Roper Technologies ROP	Supplier and customer	US	0.70
NEC	Supplier and customer	JP	0.69
Amazon.com AMZN	Supplier and customer	US	0.64
Wanhua Chemical Group A	Supplier and customer	CN	0.64
Cadence Design Systems CDNS	Supplier and customer	US	0.62

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