Altair Engineering Inc
NASDAQ:ALTR
Altair Engineering Inc
Other Receivables
Altair Engineering Inc
Other Receivables Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Receivables | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Altair Engineering Inc
NASDAQ:ALTR
|
Other Receivables
$20.8m
|
CAGR 3-Years
33%
|
CAGR 5-Years
13%
|
CAGR 10-Years
N/A
|
||
Salesforce Inc
NYSE:CRM
|
Other Receivables
$0
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Palantir Technologies Inc
NYSE:PLTR
|
Other Receivables
$0
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Applovin Corp
NASDAQ:APP
|
Other Receivables
$0
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Intuit Inc
NASDAQ:INTU
|
Other Receivables
$929m
|
CAGR 3-Years
103%
|
CAGR 5-Years
61%
|
CAGR 10-Years
26%
|
||
Adobe Inc
NASDAQ:ADBE
|
Other Receivables
$0
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Altair Engineering Inc
Glance View
Altair Engineering Inc. is a company that thrives at the intersection of technology and creativity, with its roots grounded in the world of product design and engineering simulation. Founded in 1985 by James Scapa, who remains a pivotal force in the company, Altair has consistently pushed the boundaries of innovation, helping businesses transform their design and decision-making processes. With an ethos centered on the “art of the possible,” Altair leverages its diverse suite of software solutions to provide comprehensive computer-aided engineering (CAE), data analytics, and high-performance computing (HPC) tools. This toolkit empowers engineers and designers across industries—be it aerospace, automotive, or electronics—to create digital models, simulate real-world performance, and derive insights that enhance product development and reduce time-to-market. The company’s platform democratizes advanced engineering by making sophisticated simulation tools accessible and practical for professionals at every level. Altair's business model hinges on a blend of software licensing and consulting services. Its unique licensing model, the Altair Units, allows clients flexible access to its full suite of software offerings, enabling organizations to use the tools they need without restrictive commitments. This flexibility places Altair in a strategic position to cater to a wide array of industries and clients, from startups to Fortune 500 companies. In addition to licensing, Altair generates revenue through its comprehensive consulting services, helping clients optimize their product designs and operational efficiency. By providing holistic solutions that address both technological and strategic needs, Altair not only underscores its role as a leader in the CAE space but also reinforces its commitment to fueling innovation and operational excellence across the globe.
See Also
What is Altair Engineering Inc's Other Receivables?
Other Receivables
20.8m
USD
Based on the financial report for Sep 30, 2024, Altair Engineering Inc's Other Receivables amounts to 20.8m USD.
What is Altair Engineering Inc's Other Receivables growth rate?
Other Receivables CAGR 5Y
13%
Over the last year, the Other Receivables growth was 68%. The average annual Other Receivables growth rates for Altair Engineering Inc have been 33% over the past three years , 13% over the past five years .