Altair One® Cloud Innovation Gateway Now Available on Google Cloud Marketplace
Altair (Nasdaq: ALTR), a leader in computational intelligence, announced the availability of Altair One® on Google Cloud Marketplace. This integration allows users to access advanced simulation, data analytics, and high-performance computing (HPC) capabilities seamlessly. Altair One aims to enhance collaborative engineering and analytical application development. It provides unified access to tools and resources, leveraging AI to optimize product development processes. Google Cloud users can now utilize Altair's Bring Your Own Cloud (BYOC) functionality to run applications efficiently. This collaboration is expected to boost engineering innovations by utilizing Google's scalable cloud infrastructure.
- Availability on Google Cloud Marketplace expands user access to Altair One's digital engineering tools.
- Integration provides seamless access to advanced simulation, data analytics, and HPC capabilities.
- Altair One offers unified access to tools, data, and computing resources.
- Leverages AI to optimize the product development life cycle.
- Google Cloud's infrastructure supports scalable and flexible deployment of Altair One.
- Altair One's platform breaks down data silos and connects virtual models.
- Enables the creation of a 'One Total Twin' of a product throughout its lifecycle.
- Automates data capture and enhances decision-making processes.
- No specific financial data or growth projections provided.
- Potentially high reliance on Google Cloud's infrastructure.
- No mention of user adoption rates or initial performance metrics.
Insights
The integration of Altair One with Google Cloud Marketplace is a significant step forward for both companies. For Altair, this move enhances its cloud-based digital engineering capabilities, making its tools more accessible to a broader audience. For Google Cloud, it enriches its marketplace with advanced computational and AI tools. This partnership can drive substantial synergy, leveraging Google's robust cloud infrastructure to optimize Altair's high-performance computing offerings.
Financial implications: The immediate financial impact may not be enormous, but the long-term potential is considerable. By tapping into Google Cloud's vast user base, Altair could see increased adoption of its solutions, translating into future revenue growth. Additionally, the BYOC (Bring Your Own Cloud) functionality can attract enterprises that are already Google Cloud customers but require specialized simulation tools.
Unique selling point: The one-stop access to simulation, AI and data analytics on a reliable cloud platform enhances Altair's value proposition. Enterprises can now reduce their IT overhead by integrating these functionalities into their existing Google Cloud infrastructure.
From a market perspective, this collaboration broadens Altair's reach in the highly competitive cloud computing and digital engineering markets. The Google Cloud Marketplace is a trusted platform and being listed there can enhance Altair's visibility and credibility. This can be particularly appealing to small and medium enterprises (SMEs) looking for scalable, reliable engineering solutions without the need for massive upfront investments in hardware.
Competitive landscape: Altair's competitors in the digital engineering space, such as ANSYS and Siemens, also provide cloud-based simulation tools. However, direct integration with Google Cloud Marketplace can be a strategic differentiator, offering seamless deployment and management capabilities that may attract time-conscious clients.
Long-term benefits: Over time, this integration will likely fortify Altair's market position, enhancing customer loyalty and expanding its user base. The emphasis on a unified platform for collaborative engineering and data analytics aligns with industry trends towards digitalization and cloud adoption.
Addition will expand access to Altair's digital engineering experience
Altair One is designed for collaborative engineering, data engineering, and analytical application development. Built on a robust HPC backbone, Altair One provides seamless, unified access to tools, data, and computing resources while unleashing the power of artificial intelligence (AI) across every step of the product development life cycle.
Google Cloud Marketplace customers can now leverage Bring Your Own Cloud (BYOC) functionality to run Altair simulation, AI, and data analytics applications.
"The integration of Altair One with the Google Cloud Marketplace empowers Google Cloud users to effortlessly unlock a world of innovative solutions. This collaboration will fuel engineering breakthroughs with the power of Google Cloud's adaptable, flexible, and scalable cloud infrastructure," said Sam Mahalingam, chief technology officer, Altair. "This integration aligns perfectly with our core mission of equipping businesses for digital success and making powerful software solutions readily accessible to users."
"Bringing Altair One to Google Cloud Marketplace will help customers quickly deploy, manage, and grow the platform on Google Cloud's trusted, global infrastructure," said Dai Vu, managing director, Marketplace and ISV GTM Programs, Google Cloud. "Altair can continue to securely scale and support customers on their digital transformation journeys."
Altair One is the gateway that empowers organizations to mature into digital enterprises by breaking down data silos, connecting virtual models, optimizing their compute infrastructure, and digitizing key processes. It provides all the tools to create a "One Total Twin" of a product throughout its lifecycle, "One Traceable Thread" connecting all data stages, and a "Single Source of Truth" for all models and data. This all-in-one platform automates data capture, empowers better decision-making, enhances performance management, and ultimately accelerates engineering processes for a seamless digital experience.
To learn more, visit https://console.cloud.google.com/marketplace/product/altair/altair-one-private?hl=en&project=altair-public.
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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SOURCE Altair
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