Altair, a global leader in computational intelligence, provides innovative software and cloud solutions in simulation, High-performance Computing (HPC), data analytics, and Artificial Intelligence (AI). Altair helps organizations across industries enhance their design processes, optimize performance, and make data-driven decisions. Committed to sustainability and efficiency, Altair empowers businesses to achieve competitive advantages and drive smarter, greener operations.

According to Altair’s press release, they have completed the acquisition of Cambridge Semantics, which stands out in the industry with its cutting-edge offerings featuring graph-powered data fabric technology. This technology streamlines the organization and connectivity of complex datasets, providing businesses with a unified and simplified view of their data landscape. Cambridge Semantics' roots in the IBM Advanced Technology Group contribute to their deep technical acumen in data warehousing and semantic graph data models, setting them apart as leaders in the field. Their proven success with Fortune 500 clients across sectors further underscores their ability to deliver high-value solutions tailored to the needs of large and complex organizations.

This strategic acquisition strengthens Altair's data analytics and data science offerings by incorporating Cambridge Semantics' advanced knowledge graph technology. This technology will allow Altair to create a more comprehensive data fabric for businesses, enhancing their data management and utilization capabilities. By integrating Cambridge Semantics' graph database technology with Altair's robust data analysis tools, businesses will be able to build advanced analytics solutions and seamlessly incorporate AI into their daily operations. This combination will enable more efficient data utilization and ultimately lead to better decision-making.

According to Sreejith PS, an analyst at Quadrant Knowledge Solutions, “The acquisition of Cambridge Semantics and its integration into Altair's ecosystem is a game-changer. Its advanced graph-powered data fabric technology significantly enhances data connectivity and analytics, providing a unified view of complex datasets. This strategic move will drive smarter, data-driven decisions across industries, setting a new benchmark for the adoption of advanced analytics and AI solutions.”

Author : Sreejith PS, Analyst at Quadrant Knowledge Solutions