Inc. Magazine Selects Altair for 2021 Best Managed Companies List

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Altair is one of 250 winners selected from over 10,000 applicants

TROY, Mich., November 4, 2021 / CNW / – Altaïr (Nasdaq: ALTR), the global leader in convergent simulation, HPC and AI, has been nominated for Inc. the magazine’s 2021 list of best-run companies. The award is Altair’s first of Inc. and follows Altair’s selection for Newsweek List of the 100 most loved companies.

Altair (PRNewsfoto / Altair)

Altair was one of 250 listed companies selected from a pool of applicants of more than 10,000 mid-sized companies, which Inc. defined as generating between $ 50 million and $ 2 billion in annual turnover. Inc. winners selected according to four distinct categories: performance and value creation; market penetration and customer engagement; Talent; and direction.

“We are honored to receive this prestigious award and proud that our talent, performance and leadership are reflected in such a positive way,” said James R. Scapa, Chairman and CEO of Altair. “Our success stems from our culture – a culture where we prioritize communication, innovation and mutual support. It has always been at the heart of who we are as an organization, and with it, we will continue to accomplish great things. “

Inc. The list highlights the nation’s most influential midsize companies, which collectively employ more than 35 million people and are nimble enough to maneuver and large enough to make a big impact.

“This inaugural list of companies represents outstanding mid-size companies, both public and private, often run by founders, who are at the forefront of reinventing American commerce,” said Scott Omelianuk, editor-in-chief of Inc. magazine. “With their leadership, all businesses will benefit from an exciting and competitive future full of possibilities.”

To compile the list, Inc. assessed private and public companies based in the United States with a 2020 turnover of $ 50 million To $ 2 billion or an assessment of $ 50 million To 10 billion dollars using a proprietary 12 point measure of management excellence generated with input from Pitchbook partners and Shango Laboratories.

About Altaïr
Altair is a global technology company providing software and cloud solutions in the fields of simulation, high performance computing (HPC) and artificial intelligence (AI). Altair enables organizations across large segments of the industry to compete more effectively in a connected world while creating a more sustainable future. For more information, please visit www.altair.com.

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SOURCE Altaïr

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