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Altair and Oasys, the Software House of Arup, Establish Joint Development Agreement to Redefine Pre-Processing for Crash and Safety Simulation

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Altair (Nasdaq: ALTR) and Oasys, the software house of Arup, have announced a joint development agreement to create an integrated solution for safety simulation modeling in the automotive market. This collaboration will combine Altair® HyperWorks®, a design and simulation platform, with Oasys PRIMER, a leading product for crash safety analysis model preparation.

The integrated solution will be accessible through the Altair HyperWorks environment, allowing engineers to seamlessly prepare data for simulations. This partnership aims to provide customers with an advanced solution for safety modeling, leveraging Altair's AI-augmented 3D modeling and visualization tools, and Oasys' expertise in crash simulations.

Altair (Nasdaq: ALTR) e Oasys, la software house di Arup, hanno annunciato un accordo di sviluppo congiunto per creare una soluzione integrata per il modellamento della simulazione di sicurezza nel mercato automobilistico. Questa collaborazione unirà Altair® HyperWorks®, una piattaforma di design e simulazione, con Oasys PRIMER, un prodotto leader nella preparazione dei modelli per l'analisi della sicurezza in caso di collisione.

La soluzione integrata sarà accessibile attraverso l'ambiente Altair HyperWorks, consentendo agli ingegneri di preparare senza soluzione di continuità i dati per le simulazioni. Questa partnership mira a fornire ai clienti una soluzione avanzata per il modellamento della sicurezza, sfruttando gli strumenti di modellazione e visualizzazione 3D potenziati dall'IA di Altair e l'esperienza di Oasys nelle simulazioni di collisione.

Altair (Nasdaq: ALTR) y Oasys, la casa de software de Arup, han anunciado un acuerdo de desarrollo conjunto para crear una solución integrada para el modelado de simulación de seguridad en el mercado automotriz. Esta colaboración combinará Altair® HyperWorks®, una plataforma de diseño y simulación, con Oasys PRIMER, un producto líder en la preparación de modelos para el análisis de seguridad en caso de accidentes.

La solución integrada será accesible a través del entorno Altair HyperWorks, permitiendo a los ingenieros preparar datos para simulaciones de manera fluida. Esta asociación tiene como objetivo proporcionar a los clientes una solución avanzada para el modelado de seguridad, aprovechando las herramientas de modelado y visualización 3D potenciadas por IA de Altair y la experiencia de Oasys en simulaciones de colisión.

알테어(Nasdaq: ALTR)와 아루프의 소프트웨어 회사인 오아시스가 자동차 시장에서 안전 시뮬레이션 모델링을 위한 통합 솔루션을 만들기 위한 공동 개발 협약을 발표했습니다. 이 협업은 디자인 및 시뮬레이션 플랫폼인 Altair® HyperWorks®와 충돌 안전 분석 모델 준비를 위한 선도적 제품인 Oasys PRIMER를 결합합니다.

이 통합 솔루션은 Altair HyperWorks 환경을 통해 접근 가능하며, 엔지니어들이 시뮬레이션을 위해 데이터를 원활하게 준비할 수 있도록 합니다. 이 파트너십은 AI 증강 3D 모델링 및 시각화 도구에 대한 알테어의 기술과 충돌 시뮬레이션에 대한 오아시스의 전문성을 활용하여 고객에게 진보된 안전 모델링 솔루션을 제공하는 것을 목표로 합니다.

Altair (Nasdaq : ALTR) et Oasys, la maison de logiciels d'Arup, ont annoncé un accord de développement conjoint pour créer une solution intégrée pour le modélisation de simulation de sécurité sur le marché automobile. Cette collaboration combinera Altair® HyperWorks®, une plateforme de conception et de simulation, avec Oasys PRIMER, un produit leader dans la préparation de modèles d'analyse de sécurité en cas de collision.

La solution intégrée sera accessible via l'environnement Altair HyperWorks, permettant aux ingénieurs de préparer facilement des données pour les simulations. Ce partenariat vise à offrir aux clients une solution avancée pour la modélisation de la sécurité, en tirant parti des outils de modélisation et de visualisation 3D augmentés par l'IA d'Altair et de l'expertise d'Oasys dans les simulations de collisions.

Altair (Nasdaq: ALTR) und Oasys, das Softwarehaus von Arup, haben eine gemeinsame Entwicklungsvereinbarung zur Erstellung einer integrierten Lösung für Sicherheits-Simulationsmodellierung im Automobilmarkt bekanntgegeben. Diese Zusammenarbeit kombiniert Altair® HyperWorks®, eine Design- und Simulationsplattform, mit Oasys PRIMER, einem führenden Produkt zur Vorbereitung von Crash-Sicherheitsanalyse-Modellen.

Die integrierte Lösung wird über die Altair HyperWorks-Umgebung zugänglich sein, die es Ingenieuren ermöglicht, Daten für Simulationen nahtlos vorzubereiten. Diese Partnerschaft hat zum Ziel, den Kunden eine fortschrittliche Lösung für Sicherheitsmodellierung anzubieten, indem sie die KI-unterstützten 3D-Modellierungs- und Visualisierungstools von Altair sowie die Expertise von Oasys in der Crash-Simulation nutzt.

Positive
  • Joint development agreement with Oasys to create an integrated safety simulation modeling solution
  • Potential expansion of Altair's market presence in the automotive safety simulation sector
  • Enhanced product offering through integration of Altair HyperWorks and Oasys PRIMER
Negative
  • None.

Insights

This partnership between Altair and Oasys marks a significant advancement in crash and safety simulation for the automotive industry. The integration of Altair HyperWorks and Oasys PRIMER creates a powerful synergy that streamlines the pre-processing workflow for engineers. This collaboration addresses a critical need in the industry for more efficient and accurate safety modeling.

The combined solution leverages Altair's AI-augmented 3D modeling and Oasys' expertise in crash simulation, potentially reducing time-to-market and improving vehicle safety designs. While the immediate impact may be to a niche market, the long-term implications could be substantial as automotive safety regulations continue to evolve globally.

Investors should note that this partnership could strengthen Altair's position in the competitive CAE software market, potentially leading to increased market share and revenue growth in the automotive sector.

This joint development agreement represents a strategic move for both Altair and Oasys in the automotive simulation software market. By combining their strengths, they're creating a more comprehensive offering that could appeal to a broader customer base. The automotive industry's increasing focus on safety and the growing complexity of vehicle designs make this integrated solution particularly timely.

From an investor's perspective, this collaboration could lead to increased sales and customer retention for Altair. However, it's important to note that the impact on revenue may take time to materialize, as adoption cycles for such specialized software can be lengthy. The partnership also positions Altair more competitively against other players in the CAE market, potentially improving its long-term market position.

Altair® HyperWorks® with Oasys PRIMER Redefine Safety Simulation Modeling

TROY, Mich., Aug. 21, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR) a global leader in computational intelligence, and Oasys, the software house of Arup, a global collective of designers, consultants and experts dedicated to sustainable development, announced a joint development agreement to deliver an integrated solution for safety simulation modeling in the automotive market. 

This solution will provide customers with a seamless workflow between Altair® HyperWorks®, a world-class design and simulation platform, and Oasys PRIMER, a market leading product for the preparation and modification of crash safety analysis models.

Accessible through the Altair HyperWorks environment, engineers will be able to seamlessly utilize the power of the combined platforms to prepare data for simulations.

"We are delighted to team up with Oasys, whose pedigree and strong market presence in crash simulation has long been admired," said James R. Scapa, founder and chief executive officer, Altair. "The combination of the power of Altair HyperWorks and Oasys PRIMER will provide customers with an advanced solution for safety modeling."

"Altair is a leader in the automotive simulation sector, and we look forward to seeing what our customers will achieve with this new solution," said Peter Young, director, Oasys. "The Oasys Suite provides best-in-class solutions to accelerate and advance crash simulations, and this collaboration with Altair will catapult our joint offer."

Powered by AI-augmented 3D modeling and visualization tools, and next-gen design and optimization workflows, Altair HyperWorks empowers users to effortlessly manage large and complex models, unveil critical insights, optimize designs, and foster innovation.

The Oasys Suite is a tailored set of tools which support users to analyze, build and share quality models and results with confidence. They are at the cutting edge of pre- and post-processing software and are used by customers worldwide.

For more information about the Altair HyperWorks design and simulation platform, visit https://altair.com/altair-hyperworks. For more information about Oasys PRIMER, visit https://www.oasys-software.com/dyna/software/primer/.

About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.

About Oasys
Established in 1976 as the software house of Arup, Oasys is a leading commercial developer of CAE solutions. The Oasys Suite plays a pivotal role in enabling users to deliver projects that might not otherwise be achievable without complex analysis. To learn more, please visit: https://www.oasys-software.com/dyna/.

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Katie Smith

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Oasys Operations and Support                     

Arup Global Press Team

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Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/altair-and-oasys-the-software-house-of-arup-establish-joint-development-agreement-to-redefine-pre-processing-for-crash-and-safety-simulation-302226799.html

SOURCE Altair

FAQ

What is the purpose of Altair's joint development agreement with Oasys?

The joint development agreement between Altair and Oasys aims to deliver an integrated solution for safety simulation modeling in the automotive market, combining Altair HyperWorks with Oasys PRIMER.

How will the Altair-Oasys collaboration benefit automotive engineers?

The collaboration will provide engineers with a seamless workflow between Altair HyperWorks and Oasys PRIMER, allowing them to easily prepare data for crash safety simulations within the Altair HyperWorks environment.

What are the key features of Altair HyperWorks mentioned in the press release?

Altair HyperWorks features AI-augmented 3D modeling and visualization tools, next-gen design and optimization workflows, and the ability to manage large and complex models efficiently.

When was the joint development agreement between Altair (ALTR) and Oasys announced?

The joint development agreement between Altair (ALTR) and Oasys was announced on August 21, 2024.

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