Altair is best known for its finite element modeling and simulation software HyperMesh. Over the past decade, Altair has strengthened its simulation and analysis portfolio for HyperWorks by investing heavily in R & D and a number of strategic acquisitions in other engineering disciplines. This business strategy and investment have made Altair one of the key providers of CAE software in direct competition with market leaders ANSYS, Siemens PLM Software, The MathWorks and Dassault Systèmes. While the Automotive and Aerospace & Defense businesses still account for the largest share of Altair's revenue, Altair also saw strong growth in other segments, including manufacturing, process and petrochemicals, and high-tech electronics.

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