Altair Announces Material Collaboration with HP Inc.
Altair (Nasdaq: ALTR) has announced a collaboration with HP to integrate HP's proprietary material data into the Altair Material Data Center. This partnership aims to enhance the design and production of 3D-printed parts, particularly for Multi Jet Fusion and Metal Jet printers.
By bridging the gap between design and production, the collaboration will allow engineers to access accurate material property data, improving design efficiency and reducing prototyping time. Additionally, users of Altair Inspire Print3D will benefit from this integration, enabling faster and more accurate design and simulation of additively manufactured parts.
- Collaboration with HP enhances Altair Material Data Center.
- Improves design efficiency and reduces prototyping time.
- Integration benefits users of Altair Inspire Print3D.
- Access to accurate material property data from HP.
- None.
Insights
The collaboration between Altair and HP aims to integrate HP's proprietary material data into Altair's Material Data Center, enabling smoother design-to-production workflows for 3D-printed parts. This integration could significantly enhance the precision and reliability of 3D printing applications, particularly in high-stakes industries like aerospace, automotive and healthcare. HP's Multi Jet Fusion and Metal Jet printers already offer advanced capabilities and having accurate material data will further optimize their performance.
Short-term, this partnership could lead to improved design processes and faster prototyping, making companies more agile in response to market demands. Long-term, it could push the adoption of 3D printing technologies even further, cementing 3D printing as a mainstream manufacturing method. Users will be able to conduct finite element analysis and predict manufacturing defects more accurately, potentially lowering costs and reducing time-to-market.
A key term here is finite element analysis (FEA), a computational method used to predict how products react to real-world forces, such as heat, vibration and other physical effects. Having robust material data is essential for the accuracy of FEA, which in turn influences the quality and reliability of the final product.
This partnership is likely to have a positive impact on Altair's market positioning, especially given the rapid growth of the 3D printing market, which is expected to reach
From an investor's perspective, this strategic move indicates Altair's commitment to staying at the forefront of technological advancements and its ability to form meaningful partnerships with industry giants like HP. This could translate into increased revenue streams and higher shareholder value over time.
HP data will bolster Altair® Material Data Center™ bridging gap between design and production of 3D-printed parts
"Collaborating with HP will empower our customers to overcome the common challenge of access to accurate material property data, that often hinders the design and production of 3D-printed parts," said Yeshwant Mummaneni, chief engineer, data management and analytics, Altair. "3D printing solutions are providing new and unique opportunities for businesses and industries of all sizes around the world – we are thrilled to continue providing best-in-class solutions and databases that help more people benefit from the technology and its adoption."
The collaboration between Altair and HP bridges the often-siloed functions of the design and production of 3D-printed parts. As a result of the partnership, engineers with access to the Altair Material Data Center will be able to use HP material data to design efficient parts, conduct structural analysis using finite element analysis (FEA), and predict and fix manufacturing defects during design and simulation.
"3D printing is at the forefront of so many next-generation opportunities – we are delighted to reinforce Altair's robust databases and solutions with our library of material information," said Arvind Rangarajan, global head, software and data, personalization, and 3D printing, HP. "Partnering with a technological leader like Altair will help organizations worldwide develop better products, shorten timelines, and minimize the prototyping process to reduce waste."
The collaboration will also benefit users of Altair® Inspire™ Print3D, which accelerates the creation, optimization, and study of innovative, structurally efficient additively manufactured parts by providing a fast and accurate toolset for the design and process simulation of parts made by metal binder jetting.
To learn more, visit Altair in booth #800 at RAPID + TCT June 25-27 or visit https://materials.altairone.com/page/landing to register for free access to the Altair Material Data Center.
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.
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