Thursday, August 5, 2010

Altair Engineering announces strategic plans for India

BANGALORE, INDIA: Altair Engineering, a leading global provider of technology and services that empowers client innovation and decision-making, today detailed their strategic roadmap for India.

Brett Chouinard, COO, Altair Inc., said: “We are happy to have an opportunity to expand into many more verticals. The India product development centre is vital to Altair's global research and development activities.

Pavan Kumar, MD, Altair India, highlighted the immense potential in the country for the deployment of Altair’s technology. He said, “Our commercial products business unit gives our clients an integrated suite of world-class design and analysis software featuring modeling, visualization, simulation and optimization capabilities as well as design process automation and manufacturing process simulation.''

Altair’s focus in India is to diversify into high growth verticals in domains such as infrastructure, where Altair has been significantly leveraging heavy engineering initiatives. As Altair continues to make significant investments in its core offerings and add innovative new technologies to its technology portfolio, it simultaneously, also helps in increasing the ability of its customers to be most competitive in their respective industries, it is also aiming at a growth target of around 30 percent in conventional segments like automotive and aerospace which are showing an excellent growth rates in India.

Altair helps it’s customers to increase their ability to be most competitive in their respective industries. Altair’s computing initiative and high performance computing focuses on harnessing the cloud and other emerging trends.

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