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Sustainability Report2020 Changing tomorrow, together.
r from Our CEOAltair at a GlanceOur Vision and Sustainability ImpactOur Strategy and CommitmentsPlanet04050810PeopleCultureOur ValuesDiversity and InclusionEmployee Resource GroupsCommunity InvolvementProfessional DevelopmentAll About the People12131516192022ProductsOur TechnologyResearch and DevelopmentOur Customers’ Use of Our Technology252930Altair Enlighten AwardToggled3436PracticesData Security and Data PrivacyBusiness Ethics and IntegrityHuman Rights PolicyCOVID-19 Response39404142By leveraging the convergence of simulation, HPC, and AI,Altair helps bring safer and more sustainable products tomarket faster, all while reducing costs, weight, and carbonfootprint. It’s through our core values that we are determinedand committed to make the world a better place.Altair is changing tomorrow, together.Altair Sustainability Report / 2
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OverviewPeopleProductsPlanetPracticesLetter from Our CEOWhen we founded Altair in 1985, we believed in creating a company to help our customersbe more competitive and also be a great place to work.Our culture and values have always supported a very diverse workforce, with flexible workplacepolicies, and support for families and work-life balance. We have always worked hard to do the rightthings, which has created a unique workplace. As a result of this approach, our attrition rates havealways been very low.We define Altair’s culture as one of innovation where we envision the future, communicate honestlyand broadly, seek technology and business “firsts,” and embrace diversity and risk taking. We achievedmuch success by staying true to who we are, and this has translated to success for our employees,customers, partners, and shareholders while also helping us contribute to a more sustainable future.Altair accepts the challenge to get better. We are at the most exciting time in our history forour technology, software products, and people. Our ability to have a positive impact on globalissues like sustainability, diversity, and increased opportunity for under-represented groups willcontinue to grow as we do. We are determined and committed to help the world be a better place.Altair accepts the challengeto get better. We are at themost exciting time in our historyfor our technology, softwareproducts, and people.Overview: Letter from Our CEOThank you for your support.James R. ScapaFounder, Chairman, and Chief Executive OfficerAltair Sustainability Report / 4
OverviewPeopleProductsPlanetPracticesAltair at a GlanceTransforming the Future with the Convergence of Simulation,High-performance Computing, and Artificial IntelligenceAltair (Nasdaq: ALTR) is a global technologycompany that provides software and cloudsolutions in simulation, high-performancecomputing (HPC), and artificial intelligence (AI).Altair enables organizations across broadindustry segments to compete more effectivelyin a connected world while creating a moresustainable future.Our vision is to transform enterprise decisionmaking by leveraging the convergence ofsimulation, HPC, and AI. For more than 35 years,Altair has helped companies in their digitaltransformation efforts to make smarter decisions,save costs, reduce waste, accelerate time-tomarket, improve business performance, andevolve to a data-driven culture.Our technologies are woven into the fabric ofeveryday life. Wherever you are, and whateveryou are doing, Altair’s solutions surround you –keeping you safer, more connected, and moreproductive. They can be found in big places andsmall — on highways, hospitals, and hockey rinks,in stadiums, skyscrapers, and subways, and inbanks, bikes, and boats.By solving our customers’ toughest challengesand delivering unparalleled service, we arehelping the innovators innovate, make betterdecisions, and turn today’s problems intotomorrow’s opportunities. 469MFY20 Revenue3,000 Engineers, Scientists, and Creative Thinkers12,000 Customers Globally86Offices in 25 Countries150 Altair and Partner Software ProductsOverview: Altair at a GlanceAltair Sustainability Report / 5
OverviewPeopleProductsPlanetPracticesCOMPETITIVE ADVANTAGE:BROAD PORTFOLIO OFCOMPREHENSIVE SOLUTIONSThe evolution toward a smart, connectedeverything is changing the world and Altairis leading this evolution. Our simulation andAI-driven approach to innovation is poweredby our broad portfolio of high-fidelity, physicsbased solvers, best-in-class technology foroptimization and HPC, and end-to-endplatform for developing AI solutions.Our scientists, engineers, and creative thinkersare the brains behind some of the world’s mostinnovative breakthroughs. Our 1,000 strongsoftware developers leverage their decades ofcommercial software development expertise,which is unmatched in the market.Altair’s patented, flexible licensing modelrevolutionized the way our customers usesoftware by lowering adoption barriers andcreating broad engagement. We see ourselvesas the Netflix of enterprise software, allowingshared and on-demand access to our offerings,along with partner products.Our growing list of partnerships – withcompanies including NVIDIA, HPE, Intel,Google, AWS, Oracle, and Microsoft – andacquisitions of 30 companies or strategictechnologies gives us a differentiated,open-architecture solution portfolio.We believe in democratizing our technologiesto deliver more power to our customers through: A flexible, patented units-based licensingmodel, which lowers barriers to adoptionand increases technology utilization; Anytime, anywhere access to Altair solutions; Seamless integration with third-partysoftware applications at no incremental cost; And our open architecture philosophy, whichintegrates with other software tools, includingthose of our competitors.Overview: Altair at a GlanceAltair Sustainability Report / 6
OverviewPeopleProductsPlanetPracticesOUR SOLUTIONS INCLUDEData Analytics and AIMarket leading enterprise data preparation,predictive analytics, and visualization solutionsthat fuel business and engineering analytics.HPC and Cloud ComputingMaximizing the use of complex computingresources and streamlining the workflowmanagement of computing-intensive tasks.Altair Partner AllianceGives customers broader access to an extendedrange of third-party software solutions usingexisting Altair Units at no additional cost. Extendssimulation and design capabilities even furtherto create superior products faster.Design, Modeling and VisualizationModeling and visualization tools that allowadvanced physics attributes to be modeledand rendered on top of object geometry inhigh fidelity.Internet of Things (IoT)Connected products, including tools thatenable device enablement, data capture andmanagement, edge computing, digital twins, datavisualization, and predictive/prescriptive analytics.Physics SimulationMathematical software “solvers” that useadvanced computational algorithms to predictphysical performance.Learn more about Altair’s SolutionsOverview: Altair at a GlanceAltair Sustainability Report / 7
OverviewPeopleProductsPlanetPracticesOur Vision and Sustainability ImpactAltair’s vision is to transform enterprisedecision making by leveraging the convergenceof simulation, high-performance computing,and artificial intelligence.By applying our world-leading software, ourcustomers bring safer, more satisfying, andmore sustainable products to market faster. Theyoptimize material use and reduce cost, weight,and carbon footprint. And by leveraging dataanalytics and HPC workload management theybring the power of high-fidelity models, machinelearning, AI, and improved decision-making toindustries ranging from engineering to finance.Overview: Our Vision and Sustainability ImpactWe also conduct our business in a mannerthat manages environmental issues responsibly.We fulfill this commitment by: Complying with local environmentalregulations across all our global offices Conducting operations in an environmentallysound manner Demanding appropriate environmentalpractices throughout our supply chains20 Altair Products Contributeto SustainabilityAltair OptiStruct usage isresponsible for reducing manymillionsof tonsof CO2 emissions.Altair Sustainability Report / 8
OverviewPeopleProductsPlanetPracticesSHARED INFRASTRUCTUREOPERATIONAL EFFICIENCYWe offer cloud-based applications which allowefficiently scaled and shared infrastructure to beused by multiple organizations, thus eliminatingcountless independent compute server installationsand giving access to a broad range of applicationsrelevant to sustainable design.We empower our HPC customers’ workloadmanagement to ensure efficiency of energyusage and run time. Altair supports additivemanufacturing and other advanced manufacturingtechniques to embody the most optimal designsdeveloped from simulation methodologies at thelowest cost.SUSTAINABLE DESIGNWe enable structural optimization to inspire andrefine product designs that minimize materialusage and maximize performance. Customerscan utilize simulation-driven innovation to rapidlydevelop products, processes, and experiencesin a virtual world without the carbon and wastestream impact of multiple physical prototypes.Overview: Our Vision and Sustainability ImpactMATERIAL EFFICIENCYEngineered plastics and laminate compositesoffer the design freedom to meet lightweightingand cost requirements for complex parts.High-quality plastic materials can be producedquickly and at high volume, but holisticsimulation is needed to tailor materials to theindividual product requirements. Altair offersa comprehensive set of engineering plasticsolutions to produce innovative plastic partsquickly and reliably.Additive manufacturing (AM) isn’t just for rapidprototyping, research projects, and advancedengineering teams. It is now a viable productionsolution, and Altair provides a robust simulationtool chain to support production designscreated specifically for AM.Altair Sustainability Report / 9
OverviewPeopleProductsPlanetPracticesOur Strategy and CommitmentsCorporate and Social Responsibility is Core to How Altair OperatesAltair is committed to remaining responsibleworldwide. For decades, our employees and theirfamilies have been almost evenly distributedbetween APAC, EMEA, and the Americas. As aresult, we emphasize a world view of humanity andconsider it our responsibility to be a positive actorand voice for the health of people and the planet.for personal growth and achievementregardless of gender, race, religion,or socioeconomic background.We will continue tracking and reporting numbersthat we feel are important to help us on our path,and we look forward to our shared journey.Our core mission is to leverage technologiesthat enable the convergence of simulation,HPC, and AI to improve the efficiency, safety,and health of the human experience. As wecontinue investing in our software products,we do so with the belief that we play anessential role in reducing material usage,energy consumption, and carbon emissions.We are committed to investing in thesetechnologies while improving our positionas a leader in global workforce diversity aswell. As a global company, we understandhow important it is to provide opportunitiesOverview: Our Strategy and CommitmentsAltair Sustainability Report / 10
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OverviewPeopleProductsPlanetPracticesCultureAltair Fosters a Culture ofGlobal Diversity, Professionaland Personal Development,and Innovation.When the most innovative minds and thebest technology converge, anything is possible.We believe that by bringing together the vast,ever-evolving worlds of simulation, HPC, and AI,we’re not just helping redefine the way the worldcreates – we’re redefining what’s possible.We envision the future and encourage anentrepreneurial mindset and spirit withthe opportunity to communicate honestly,and broadly across the organization.From flex time to telecommuting, we believemaintaining a healthy work / life balanceis critical.With access to the latest training, tools,and technology, our work spans multipleindustries across the globe to aid yourcareer development.People: CultureOur collaborative environment fostersa culture of connectedness, sustainability,and social responsibility worldwide.We offer a variety of wellness initiatives thatkeep us moving forward. Across the globewe offer onsite and virtual health visits, yoga,Pilates, stretching, and more.We provide a total rewards package thatincludes salary, time off, holidays, insurance,corporate discounts, incentives, and anemployee stock purchase program.Altair Sustainability Report / 12
OverviewPeopleProductsPlanetPracticesOur ValuesChange Tomorrow, Together.These values have been at Altair since the company was establishedand are in our DNA. Our four values fuel the way we innovate, the way wecollaborate and problem solve, the way we communicate effectively, and theway embrace diversity. We don’t just talk about our values, we live them.ENVISION THE FUTUREWe follow a long-term vision that transforms markets and creates newopportunities for a sustainable future without boundaries.COMMUNICATE HONESTLY AND BROADLYWe share information transparently to ensure broad awareness,engagement, and collaboration. We believe sharing knowledgeis crucial for solving problems and fostering innovation.People: Our ValuesAltair Sustainability Report / 13
OverviewPeopleProductsPlanetPracticesSEEK TECHNOLOGY AND BUSINESS “FIRSTS”We solve our customers’ challenges by being “first” to deliver cutting-edgetechnology and business solutions fueled by our innovation, marketstrategy, and talent.EMBRACE DIVERSITY AND TAKE RISKSOur employees’ diverse perspectives and experiences are a competitiveadvantage for us, and help us innovate, problem-solve, and achieveendless possibilities.Altair makes great products, but it is really the peoplethat make Altair such a rewarding place to work.Their drive to solve the most challenging of problemsis really inspiring. I’m always learning something newfrom the many creative and talented folks at Altair.Greg Delbridge, Technical Director, Altair CanadaPeople: Our ValuesAltair Sustainability Report / 14
OverviewPeopleProductsPlanetPracticesDiversity and InclusionDiverse Culture Fosters InnovationAt Altair, we recruit top talent and invest in our global workforce to fuel diversity, professionaland personal growth, and innovation. With more than 3,000 employees our retention rateis well beyond the industry standard, and a testament to our engaging, inclusive culture.At Altair, we don’t just talk about diversity, we aggressively work toachieve it. I don’t just mean gender diversity, but religious, ethnic, andcultural diversity. Since we founded Altair 34 years ago, I have workedalongside many leaders at Altair to create environments where smartpeople from all walks of life can respectfully exchange ideasand inspiration. A place where “a-ha” moments are born.”253,000 5075 2%8 yearsCountriesNationalitiesEMEA WorkforceCovered by WCEmployeesLanguagesSpokenAverage Tenure ofCurrent WorkforceJim Scapa, CEOPeople: Diversity and InclusionAltair Sustainability Report / 15
OverviewPeopleProductsPlanetPracticesEmployee Resource GroupsWe Believe that Empowering Each IndividualAuthentic Voice Encourages an Entrepreneurial MindsetFrom day one, diverse backgrounds andexperiences have been essential to our longterm success and growth. We strive to createa comfortable and safe working environmentfor all people, regardless of gender, ethnicity,religion, age, political affiliation, sexualorientation, or disability.ALTAIR BLACK EMPLOYEE RESOURCE NETWORK (ABERN)The strength of the Altair brand and corporate culture is firmly rooted in diversity and inclusion.Altair’s history demonstrates a belief that empowering each individual authentic voice reinforcesa culture that thrives because of the uniqueness among our team. ABERN is committed to activelyengaging Altairians to support this goal.Together we are on a path to make adifference. Our employees take their workseriously, and put their hearts and souls intodeveloping unique, game-changing solutionsthat improve our world.Launched ABERN Book Club to PromoteOpen-ended Culture DiscussionsLogged 130 hours of discussions among Altairiansaround the globe.People: Employee Resource GroupsABERN’s founding members.Altair Sustainability Report / 16
OverviewPeopleProductsPlanetPracticesALTAIR WOMEN IN TECHNOLOGY (WiT)Altair WiT was established to develop and empower women in technology, with an emphasis onwomen at Altair. The unique perspectives, ideas, and experiences that women bring to Altair helpto establish a more diverse and inclusive workforce and ultimately thrive as one united, globalteam working every day to impact our world one customer at a time.33%20%29%FEMALE CEODIRECT REPORTSOF EMPLOYEESARE WOMENWOMEN ONALTAIR’S BOARDOF DIRECTORSPeople: Employee Resource Groups28%30%OF EXTERNALHIRING AREWOMENOF INTERNSARE WOMENAltair gave me the opportunityto work with a global team ofmore than 100 engineers operatingfrom ten global offices. As theVP of Altair’s Enterprise SolutionsGroup, we strive to make workmore efficient by automatingand optimizing workflows, and bytailoring solutions to our customers’individual needs.”Karin Hirschberger, VP Enterprise Solution GroupAltair Sustainability Report / 17
OverviewPeopleProductsPlanetPracticesInnovators of TomorrowInternship ProgramAltair’s internship program is founded on three pillars: Technical, Professional,and Social. Because of this, Altair offers a cutting-edge internship programthat fosters innovation, teaches leadership, and instills a passion for makinga difference.1 in 314100%75Students areFemaleI got the chance to assimilate trends in softwaredevelopment while interacting with customers andconsulting with internal teams. There are no limitsto learning and showcasing your talent at Altair.”Vibor Rajput, 2020 InternPeople: Employee Resource GroupsIntern SatisfactionCountries GloballyGlobal UniversitiesRepresentedAltair Sustainability Report / 18
OverviewPeopleProductsPlanetPracticesCommunity InvolvementPartnerships that Promote Our Commitment to Our CommunitiesAltair is proud to support and embrace the missions of these amazing organizations:Partnerships in U.S.Partnerships in EMEA AnitaB.orgData Science for All (DS4A)/EmpowermentDetroit Area Pre-College EngineeringProgram (DAPCEP)FIRST Robotics CompetitionMichigan Council of Women in Technology(MCWT)National Society of Black Engineers (NSBE)Society of Women EngineersPeople: Community InvolvementCash for KidsDeutsche KrebshilfeMindRädda BarnenRefugeRound Table 182 TubingenSave the ChildrenManagers Without BordersThe Trussell TrustunicefWasser Stiftung Water FoundationWings for Life World RunPartnerships in APAC Green Umbrella Children’s FoundationIIT MadrasKarnataka State Council for Child WelfareParikrma Humanity FoundationSayTreesAltair Sustainability Report / 19
OverviewPeopleProductsPlanetPracticesProfessional DevelopmentAltair’s Culture Promotes Professional and Personal GrowthFREEDOM TO DISCOVER & GROWPROMOTE PERSONAL WELLBEING Opportunity to explore technical trendsand breakthrough technologiesCollaboration with universities in adoptingour technologies through joint researchand innovative projectsCadence of performance reviews, globalmobility, global talent reviews, and mentoring People:Healthcare: medical, dental, vision,prescription, disability, insuranceFamily support benefits: flexible workenvironment, parental leave, holidayand vacation programsWellness: employee assistance programs,onsite clinic, fitness facilities, yoga/meditation/Pilates programs, community involvement,charitable donation matchingFinancial wellbeing: employee stock purchaseprogram, pension retirement plans, financialplanning and training, discount program,and tuition reimbursementINTERNAL TRAINING OFOUR TECHNOLOGIES Altair technology and product suite trainingLeadership and team competency trainingSales training on customer care and enterprisesales skillsAltair Sustainability Report / 20
OverviewPeopleProductsPlanetPracticesOur Culture Fuels InnovationInvesting in our World-Class Workforce Drives Us ForwardOur strongest assets are our 3,000 globalinnovators, scientists and creative thinkers.At Altair, we put our heart and soul intodeveloping unique, game-changing solutionsthat solve our customers’ toughest challenges.We are on a path to improve our world, ourfuture, and to make a difference.Our human capital strategy focuses on recruitingthe best and brightest, rewarding and celebratingsuccess, and retaining top talent.72%TECHNICALEMPLOYEES14%WOMEN IN TECH6%“Altair has an open culture withbroad communication and highcollaboration. I was impressed fromthe beginning that every colleaguewas helpful at any time worldwide.I believe we are one of the mostinnovative companies and are readyfor the future. If there is a problemwe solve it quickly and proactively.”Altair Employee, GermanyTURNOVERRATEPeople: Professional DevelopmentAltair Sustainability Report / 21
OverviewPeopleProductsPlanetPracticesAll About the PeoplePriorities in the Chaos of COVID-19Just two weeks into my new role as chief peopleofficer, I found myself mobilizing a team tolive up to my new title – to guide and protectour global team during an unprecedentedpandemic. Talk about a quick and steeponboarding. When engulfed in a crisis, youget to experience the true DNA of a company.Today, I am overwhelmed and humbled at howour community of customers, partners, andemployees have come together.Gilma Saravia, Chief People OfficerPeople: All About the PeopleEnvisioning the future has served as our truenorth. Instead of focusing on short-term gains,we rejected rash decisions and continued to offerinnovations around new ways to work, partneredwith customers, and collaborated as one globalteam. As a result, our global workforce hasremained productive, engaged, and optimisticabout the future.Communicating honestly and broadly has beenanother important element. In assessing the risksof COVID-19, our CEO Jim Scapa acted withouthesitation to deploy a work-from-home strategyto ensure our employees across 86 offices in 25countries remained safe and connected. He wasahead of the curve in taking drastic measuresto keep our team healthy and safe.Today, our global workforcecontinues to come together tosupport each other in countlessways, whether it’s our internalmedical team offering virtualhealth and wellness programs.Altair Sustainability Report / 22
OverviewPeopleProductsPlanetPractices.(like Pilates, meditation, mentalhealth tips, and information sessionsby medical professionals to educateand answer questions aboutCOVID-19) or individual Altairiansorganically sharing healthy recipesand activities for children andfamilies.”And I am proud to say that one of our regionaloffices was even able to procure masksfor all Altairians and their families.People: All About the PeopleWe are already thinking about what is next,and of course, we will continue to adhere tolocal governmental and regulatory guidelines.Right now, we are preparing for a safe andresponsible return to all our offices around theworld. Part of the strategy includes holding sitetraining so employees are comfortable and awareof new health and safety protocols that willbe implemented.97%COVID-19 Response Satisfaction97%Leadership Action in Response to COVID-19We are also planning to allow employees tocontinue to work from home, knowing theywill always have an office they can returnto when needed.Altair Sustainability Report / 23
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OverviewPeopleProductsPlanetPracticesOur TechnologyOur software technology and consultingservices are key to designing a healthierand more sustainable future for humanity.Our efforts: Enable structural optimization that inspiresand refines product designs that minimizematerial usage and maximize performanceConduct HPC workload management thatensures energy usage and run time efficiencyUtilize simulation-driven innovation torapidly develop products, processes, andexperiences in a virtual world without thecarbon and waste stream impact of multiplephysical prototypesEmploy additive manufacturing and otheradvanced manufacturing techniques to embodythe most optimal designs developed fromsimulation methodologies at the lowest costProducts: Our Technology Offer cloud-based applications which allowmultiple organizations to use efficientlyscaled shared infrastructure, thus eliminatingcountless independent compute serverinstallations and giving access to a broad rangeof applications relevant to sustainable designSUSTAINABILITY HIGHLIGHTSAltair OptiStruct usage increased tenfoldbetween 2013 and 2020. As the world’s leadingtool for material optimization and weightreduction, this continuing trend bodes wellfor targeted reductions of material usage,fuel consumption, and CO2 emissions.We believe OptiStruct is responsible forreducing many millions of tons of CO2emissions, and we look forward to acceleratingthis positive impact with continued growthin optimization technology applications byour customers.Altair Sustainability Report / 25
OverviewPeopleProductsPlanetPracticesThe International Energy Agency (IEA)recently published two significant reports.The first, from March 2019, is “Material Efficiencyin Clean Energy Transitions1.” The second, fromJune 2021, is “Net Zero by 2050 – A Roadmapfor the Global Energy Sector2.” Altair is alignedwith the goals and milestones set by the IEA,an intergovernmental agency formed by theOrganization for Economic Co-operationand Development (OECD).The IEA makes several things clear, including: There is much work to do to achievea net-zero carbon footprint by 2050Materials efficiency plays a key role in thistransition across industries and technologies1March 2019. Material Efficiency in Clean Energy Transitions. IEA ets/52cb5782-b6ed-4757-809f-928fd6c3384d/Material Efficiency in Clean Energy Transitions.pdf2June 2021. Net Zero by 2050. A Roadmap for the Global Energy Sector. IEAPublications. ortheGlobalEnergySector CORR.pdfProducts: Our TechnologyAltair Sustainability Report / 26
OverviewPeopleProductsPlanetPracticesALTAIR CSR PRODUCTSSustainability GoalReduced MaterialUsageRenewable EnergyElectrificationand AdvancedCommunicationsWaste StreamReductionReduced FuelConsumptionInternationalEnergy Agency(IEA) TargetPursuing materialefficiency strategiesto their practical limit inthe Material Efficiencyvariant reduces steel useby an additional 15% andcement use by another17% in 2060.Carbon emissions NetZero by 2050.Almost 30% of the 170 GtCO2 cumulative emissionsreductions from the use oflow emissions electricityin the NZE comes fromtechnologies that arecurrently at prototypeor demonstration stage,such as electricity basedprimary steel productionor electric trucks.The goal also aims tosubstantially reducewaste generation throughprevention, reduction,recycling and reuse.A general rule isthat a 6-7% reductionin specific fuelconsumption can beachieved for each 10%reduction in vehicle kerbweight.Altair ProductsAltair OptiStruct ,Altair Radioss , Altair HyperMesh , AltairSimSolid , Altair SimLab ,Altair DesignAI , Altair EDEM Altair OptiStruct ,Altair Radioss , Altair HyperMesh , AltairSimSolid , Altair SimLab ,Altair DesignAI ,Altair AcuSolve , Altair ultraFluidX Altair Feko , Altair Flux , Altair FluxMotor ,Altair Compose , AltairActivate , Altair Embed ,Altair Pollex Altair SmartWorks ,Altair Knowledge Studio ,Altair Monarch ,Altair Panopticon Altair OptiStruct ,Altair Radioss , Altair HyperMesh , AltairSimSolid , Altair SimLab ,Altair DesignAI ,Altair AcuSolve , Altair ultraFluidX Altair SolutionsStructural Analysis andOptimizationStructural Analysis,Optimization, and CFDElectromagnetics,Electronic System Design,and Systems ModelingAI, Data Analytics,Data Streaming,and VisualizationStructural Analysis,Optimization, and CFDProducts: Our TechnologyAltair Sustainability Report / 27
OverviewPeopleProductsPlanetPracticesSOM Achieves Sustainability ObjectivesThrough Innovative DesignDesigners and engineers at Skidmore, Owings& Merrill (SOM) are considerate of the materialsthey use in projects and aim to create designsthat use fewer materials so they can reduce costand environmental footprint. With this in mind,a perfect addition to enhance their designworkflow was Altair OptiStruct .The structural design specialists at SOM usedOptiStruct to generate an ideal project planthat considered sustainable regulations andmanufacturing constraints. With this uniquedesign, SOM was able to minimize the weightof the building and use fewer materials,reducing cost for both the client and contractor.Specifically, the SOM team reduced the steelneeded by 10 percent while improving the globalperformance of the structural system.The building received LEED Platinum certificationand reached the GSA’s 2020 energy objective. Ithas also won more than 35 awards for its creativeand timeless design.Read the full customer story here.Products: Our TechnologyAltair Sustainability Report / 28
OverviewPeopleProductsPlanetPracticesResearch and DevelopmentR&D Propels Altair ForwardOur R&D efforts enhance the functionality, breadth, and scalability of our software, address new usecases, and develop additional innovative simulation technologies. Timely development of new productsmaintains our competitive position, and we release new versions of our software on a regular basis.Customer feedback, combined with our roadmap, allows us to deliver lon
High-performance Computing, and Artificial Intelligence. Altair (Nasdaq: ALTR) is a global technology . company that provides software and cloud . . Google, AWS, Oracle, and Microsoft - and acquisitions of 30 companies or strategic technologies gives us a differentiated,
