September 26, 2022

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Altair Acquires Planet Programming to Advance Organizations’ Digital Transformation

4 min read

Acquisition permits prospects to leverage the SAS language with modern languages like Python and open-supply technologies to attain ideal-in-course knowledge analytics methods

TROY, Mich., Dec. 15, 2021 /PRNewswire/ — Altair (Nasdaq: ALTR), the world leader converging simulation, HPC, and AI, currently acquired Entire world Programming, a United kingdom-based mostly technologies enterprise specializing in knowledge analytics software program utilized by numerous of the world’s major companies like fiscal solutions and insurance policy businesses. Globe Programming’s platform supports advancement and execution of multi-language software program answers leveraging well-known languages made use of in info science including Python, R, and the SAS language in a one plan.

Earth Programming’s flagship products, WPS Analytics Workbench, provides coding and workflow abilities.

“We are thrilled to combine Environment Programming’s exceptional workforce and engineering into Altair and see this acquisition as a significant option to support providers changeover to hybrid architectures employing modern day, open systems and languages while preserving, preserving, and leveraging the most effective factors of current know-how this sort of as the SAS language,” mentioned James R. Scapa, founder and main executive officer of Altair. “We feel Environment Programming’s alternatives are very innovative and tested to assist buyers compile and execute millions of types constructed applying the SAS language whilst embracing modern-day languages and open up-supply technologies, enabling them to answer faster to market calls for and attain new insights.”

World Programming delivers a client foundation of about 500 company consumers throughout the world. As businesses significantly search for open-source alternatives to accelerate their huge knowledge initiatives and embrace a a lot more fashionable and flexible natural environment, the acquisition of Entire world Programming will reinforce Altair’s foothold in quite a few industries such as fiscal expert services, insurance coverage, health care, production, asset management, telecommunications, retail, vitality, and purchaser goods.

The acquisition includes Environment Programming’s flagship product or service, WPS Analytics, which is backed by far more than two many years of encounter and designed to fulfill the escalating use of open up-source languages. WPS Analytics is a highly effective and functional program platform for scalable details manipulation and analytics, with various notable functions which include:

  • Ability to operate applications prepared in SAS language syntax without having the need to put in any 3rd-celebration merchandise

  • Thoroughly integrated SAS language assistance

  • Assistance for SQL, Python, R, and Hadoop and for exchanging facts, all within a one program

  • Advanced math, studies, and device learning algorithms

  • Potential to accessibility several info resources which include huge knowledge, cloud, and mainframe

  • Capacity to use standalone or with organization administration facilities together with info entry manage and design deployment to on-need APIs

  • Flexible deployment to hyperlink on-premises, mainframe, and cloud environments

“Prospects want preference and integrating with Altair – an business with a dependable and responsible open up-architecture philosophy – will give end users quick accessibility to systems in a versatile and intuitive setting,” mentioned Oliver Robinson, chief government officer, Globe Programming. “Altair will support to speed up accessibility to our options as we converge the present day globe of greatest-in-class open up-supply systems with the skill to support a long time of financial investment in the SAS language.”

Environment Programming’s computer software will be built-in into Altair’s information analytics alternatives suite and obtainable through Altair Units, which presents prospects effortless obtain to Altair’s total portfolio of computer software options.

About Altair (Nasdaq: ALTR)
Altair is a world-wide technology business furnishing software program and cloud solutions in the areas of simulation, large-efficiency computing (HPC), and artificial intelligence (AI). Altair allows businesses throughout broad marketplace segments to contend additional correctly in a linked earth whilst producing a additional sustainable future. To master more, make sure you go to www.altair.com.

Cautionary Language Regarding Forward-On the lookout Statements
This press release contains “forward-seeking statements” within just the indicating of the “protected harbor” provisions of the Personal Securities Litigation Reform Act of 1995, together with but not confined to, Altair’s long run anticipations, strategies, and prospective buyers. These ahead-seeking statements are created as of the day of this launch and are primarily based on existing anticipations, estimates, forecasts and projections as perfectly as the beliefs and assumptions of administration. Terms this kind of as “expect,” “foresee,” “need to,” “believe,” “hope,” “focus on,” “job,” “targets,” “estimate,” “probable,” “forecast,” “may perhaps,” “will,” “may,” “could,” “intend,” versions of these conditions or the negative of these conditions and equivalent expressions are intended to determine these forward-looking statements. Ahead-on the lookout statements are issue to a range of dangers and uncertainties, a lot of of which include elements or instances that are over and above Altair’s handle. Altair’s actual final results could vary materially from those people said or implied in our ahead-looking statements due to a amount of elements, together with but not minimal to, the threats thorough in Altair’s quarterly and yearly studies filed with the Securities and Exchange Commission as properly as other paperwork that may possibly be submitted by the Firm from time to time with the Securities and Exchange Fee. Past efficiency is not necessarily indicative of long term effects. The ahead-wanting statements integrated in this push release stand for Altair’s views as of the day of this press launch. The Enterprise anticipates that subsequent events and developments will cause its sights to improve. Altair undertakes no intention or obligation to update or revise any ahead-on the lookout statements, whether or not as a consequence of new data, upcoming situations or otherwise. These ahead-looking statements should not be relied upon as symbolizing Altair’s views as of any date subsequent to the date of this push release.

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