Altair
recognized in the report's Leaders' Quadrant for Completeness of
Vision and Ability to Execute
TROY,
Mich., June 20, 2024 /CNW/ -- Altair (Nasdaq: ALTR), a global leader in
computational intelligence, today announced that it has been
positioned by Gartner as a Leader in the Magic Quadrant for Data
Science and Machine Learning Platforms for its offering, Altair®
RapidMiner®. The evaluation was based on specific criteria that
analyzed the company's overall Completeness of Vision and Ability
to Execute.
According to the report, "Leaders in this market have a mature,
refined, and targeted company and platform strategy that
incorporates and leverages generative AI (GenAI) to drive their
customers' business value. They see opportunities for leveraging
GenAI that other providers may not see or have made significant
investments above and beyond standard offerings. They have the
capability to innovate at a speed that outperforms other vendors.
In addition, they can clearly articulate how they provide value to
the multiple types of personas involved in the process of building
data science and machine learning models."
"We believe being named as a Leader in this latest report
validates what we have known for years: Altair has one of the market's most unique,
most comprehensive offerings for data analytics and machine
learning," said James R. Scapa,
founder and chief executive officer, Altair. "For us, this placement is also a
testament to our unmatched vision, which has defined us since our
inception. We are pioneers that define what it means to be at the
forefront of technological innovation and computational
intelligence. I am incredibly proud of where Altair stands today, and I look forward to the
strides we continue to make each day."
Magic Quadrant reports are a culmination of rigorous, fact-based
research in specific markets, providing a wide-angle view of the
relative positions of the providers in markets where growth is high
and provider differentiation is distinct. Providers are positioned
into four quadrants: Leaders, Challengers, Visionaries and Niche
Players. The research enables you to get the most from market
analysis in alignment with your unique business and technology
needs.
View a complimentary copy of the Magic Quadrant report to learn
more about Altair's strengths and
cautions, among other provider offerings, at
https://web.altair.com/gartner-magic-quadrant-for-data-science-and-machine-learning-platforms-2024.
Gartner Disclaimer
Gartner, Magic Quadrant for Data Science and Machine Learning
Platforms, Afraz Jaffri,
Aura Popa, Peter Krensky, Jim
Hare, Raghvender Bhati, Maryam
Hassanlou, Tong Zhang, 17 June
2024.
GARTNER is a registered trademark and service mark of Gartner,
Inc. and/or its affiliates in the U.S. and internationally, and
MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or
its affiliates and are used herein with permission. All rights
reserved.
Gartner does not endorse any vendor, product or service depicted
in our research publications, and does not advise technology users
to select only those vendors with the highest ratings or other
designation. Gartner research publications consist of the opinions
of Gartner research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
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.
Media
contacts
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Altair Corporate
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Altair Investor
Relations
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Bridget Hagan
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Stephen
Palmtag
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+1.216.769.2658
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+1.669.328.9111
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corp-newsroom@altair.com
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ir@altair.com
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Altair Europe/The
Middle East/Africa
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Charlotte Hartmann
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+49 7031 6208
0
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emea-newsroom@altair.com
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SOURCE Altair