Altair Engineering Inc - ESG Rating & Company Profile powered by AI
Complete ESG analysis of Altair Engineering Inc are reached by registering for free. The analysis of Altair Engineering Inc is prepared by All Street Sevva using advanced AI. This webpage contains a free Sustainability analysis covering Altair Engineering Inc.
Altair Engineering Inc in the Software industry gained a UN SDG ESG Transparency Score of 7.2; made up of an environmental score of 8.0, social score of 5.7 and governance score of 8.0.
7.2
High ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Ama Corporation PLC | 8.2 | High |
| 2 | CX Network Group Inc | 8.0 | High |
| 155 | SSH Communications Security Oyj | 7.3 | High |
| 155 | Total Soft Bank Ltd | 7.3 | High |
| 172 | Altair Engineering Inc | 7.2 | High |
| 172 | National Instruments Corp | 7.2 | High |
| 172 | TeamViewer AG | 7.2 | High |
| ... | ... | ... | |
| 1327 | net SE | 0.0 | Low |
| 1327 | tv2u International Ltd | 0.0 | Low |
| ... | ... | ... |
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Potential Risks for Altair Engineering Inc
These potential risks are based on the size, segment and geographies of the company.
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates in two segments, Software and Client Engineering Services. The Software segment includes solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also offers software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent light tubes with LED lamps. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company's customers include universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.