Acquisition allows shoppers to leverage the SAS language with present day languages like Python and open-supply systems to attain ideal-in-course facts analytics solutions
TROY, Mich., Dec. 15, 2021 /PRNewswire/ — Altair (Nasdaq: ALTR), the worldwide leader converging simulation, HPC, and AI, today obtained Planet Programming, a Uk-dependent technological know-how company specializing in knowledge analytics software program utilised by a lot of of the world’s foremost businesses including economic products and services and insurance policies organizations. Environment Programming’s system supports progress and execution of multi-language program methods leveraging well-known languages applied in info science which include Python, R, and the SAS language in a one program.
“We are excited to integrate Planet Programming’s excellent team and technological know-how into Altair and see this acquisition as a substantial possibility to enable firms changeover to hybrid architectures applying present day, open up technologies and languages although preserving, guarding, and leveraging the most effective factors of current technologies these types of as the SAS language,” claimed James R. Scapa, founder and chief government officer of Altair. “We consider Planet Programming’s answers are hugely advanced and verified to assist clients compile and execute tens of millions of versions constructed making use of the SAS language whilst embracing contemporary languages and open-supply systems, allowing them to respond more rapidly to market place demands and attain new insights.”
Earth Programming delivers a purchaser base of roughly 500 business customers around the world. As businesses progressively look for open up-resource alternatives to speed up their huge details initiatives and embrace a extra modern and versatile environment, the acquisition of Earth Programming will reinforce Altair’s foothold in a number of industries including economic solutions, insurance policies, health care, production, asset administration, telecommunications, retail, electricity, and consumer products and solutions.
The acquisition incorporates World Programming’s flagship merchandise, WPS Analytics, which is backed by much more than two decades of practical experience and made to meet the expanding use of open-resource languages. WPS Analytics is a impressive and flexible computer software platform for scalable knowledge manipulation and analytics, with numerous notable options including:
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Means to operate packages written in SAS language syntax without the need of the require to set up any 3rd-party goods
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Totally built-in SAS language help
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Assistance for SQL, Python, R, and Hadoop and for exchanging knowledge, all within a single application
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State-of-the-art math, studies, and machine finding out algorithms
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Potential to entry numerous knowledge sources such as significant information, cloud, and mainframe
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Capacity to use standalone or with company administration facilities such as data obtain management and model deployment to on-desire APIs
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Flexible deployment to backlink on-premises, mainframe, and cloud environments
“Prospects want alternative and integrating with Altair – an organization with a reliable and responsible open up-architecture philosophy – will give people easy obtain to technologies in a versatile and intuitive natural environment,” stated Oliver Robinson, chief executive officer, Planet Programming. “Altair will aid to accelerate entry to our solutions as we converge the modern day world of very best-in-class open up-resource technologies with the means to support many years of expense in the SAS language.”
Globe Programming’s program will be integrated into Altair’s data analytics alternatives suite and obtainable through Altair Units, which offers prospects quick entry to Altair’s whole portfolio of software answers.
About Altair (Nasdaq: ALTR)
Altair is a worldwide technology enterprise supplying software program and cloud methods in the spots of simulation, significant-performance computing (HPC), and synthetic intelligence (AI). Altair permits corporations throughout broad marketplace segments to contend extra successfully in a linked globe whilst creating a far more sustainable upcoming. To study far more, you should pay a visit to www.altair.com.
Cautionary Language Relating to Forward-Seeking Statements
This press release contains “forward-looking statements” within the indicating of the “secure harbor” provisions of the Non-public Securities Litigation Reform Act of 1995, which include but not constrained to, Altair’s foreseeable future expectations, ideas, and prospective customers. These forward-on the lookout statements are manufactured as of the date of this launch and are primarily based on present-day expectations, estimates, forecasts and projections as nicely as the beliefs and assumptions of management. Terms this sort of as “assume,” “foresee,” “really should,” “believe,” “hope,” “goal,” “project,” “aims,” “estimate,” “opportunity,” “predict,” “could,” “will,” “might,” “could,” “intend,” versions of these phrases or the destructive of these conditions and very similar expressions are intended to recognize these ahead-seeking statements. Ahead-on the lookout statements are subject matter to a selection of hazards and uncertainties, lots of of which require factors or situations that are beyond Altair’s management. Altair’s precise outcomes could differ materially from those said or implied in our ahead-on the lookout statements thanks to a variety of aspects, including but not minimal to, the pitfalls thorough in Altair’s quarterly and yearly reviews submitted with the Securities and Exchange Fee as nicely as other paperwork that may well be filed by the Enterprise from time to time with the Securities and Exchange Commission. Previous effectiveness is not necessarily indicative of upcoming results. The forward-seeking statements incorporated in this press launch represent Altair’s sights as of the date of this press release. The Enterprise anticipates that subsequent activities and developments will cause its sights to improve. Altair undertakes no intention or obligation to update or revise any forward-on the lookout statements, whether or not as a final result of new data, potential activities or usually. These forward-on the lookout statements need to not be relied on as symbolizing Altair’s sights as of any date subsequent to the day of this press release.
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