Loading, Please Wait...
TROY, Mich., Aug. 29, 2018 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR) announced the introduction of a new software licensing model for its solidThinking suite of simulation-driven design software. Based off of Altair’s patented units-based licensing model popularized through Altair HyperWorks™, solidThinking Units (sTUs) will share similar and distinct advantages enabling SMB customers and the design engineering community to drive product innovation with simulation. Under sTU licensing, customers will now have access to all software titles available through the solidThinking suite as well as the ability to seamlessly run these applications on-demand locally or in the cloud.
“We believe the frictionless access to our entire solidThinking suite and cloud resources through this single licensing model is a market first and compelling offering for SMB and some enterprise customers,” says James R. Scapa, Founder, Chairman and CEO of Altair. “The new licensing provides tremendous value and flexibility to organizations that are just beginning with simulation, have limited simulation resources, or require a comprehensive simulation solution that cost-effectively scales with growth.”
The Altair solidThinking™ suite packages a subset of software titles available through the broader Altair HyperWorks offering to rapidly explore, investigate and create structurally efficient, manufacturable product concepts and electromechanical systems. Inclusive of robust solutions for model-based development, generative design, hybrid concept modeling, multiphysics analysis, manufacturability, and photorealistic rendering, each delivers an intuitive user experience catering to the specialized needs of designers, design engineers, and manufacturing professionals with little or no experience with simulation.
Business advantages under the new sTUs licensing model include:
The upgrade to sTU licensing has been designed to be straightforward and is available to all solidThinking customers by contacting their appropriate channel representative:
To learn more about solidThinking simulation-driven design solutions and the value units-based licensing offers, please visit www.solidthinking.com/units.
About Altair (Nasdaq: ALTR)
Altair transforms design and decision making by applying simulation, machine learning and optimization throughout product life cycles. Our broad portfolio of simulation technology and patented units-based software licensing model enable Simulation-Driven Innovation for our customers. With more than 2,000 employees, Altair is headquartered in Troy, Michigan, USA and operates 71 offices throughout 24 countries. Altair serves more than 5,000 customers across broad industry segments. To learn more, please visit www.altair.com.
Altair Corporate / Americas / Asia Pacific
Biba A. Bedi
+1.248.614.2400 x 392
Altair Europe/ the Middle East / Africa
+49 6421 9684351