Altair Introduces a Disruptive New Licensing Model for the solidThinking Software Suite
August 29 2018 - 8:30AM
Altair (Nasdaq: ALTR) announced the introduction of a new
software licensing model for its solidThinking suite of
simulation-driven design software. Based off of Altair’s
patented units-based licensing model popularized through Altair
HyperWorks™, solidThinking Units (sTUs) will share similar and
distinct advantages enabling SMB customers and the design
engineering community to drive product innovation with
simulation. Under sTU licensing, customers will now have
access to all software titles available through the solidThinking
suite as well as the ability to seamlessly run these applications
on-demand locally or in the cloud.
“We believe the frictionless access to our entire solidThinking
suite and cloud resources through this single licensing model is a
market first and compelling offering for SMB and some enterprise
customers,” says James R. Scapa, Founder, Chairman and CEO of
Altair. “The new licensing provides tremendous value and
flexibility to organizations that are just beginning with
simulation, have limited simulation resources, or require a
comprehensive simulation solution that cost-effectively scales with
growth.”
The Altair solidThinking™ suite packages a subset of software
titles available through the broader Altair HyperWorks offering to
rapidly explore, investigate and create structurally efficient,
manufacturable product concepts and electromechanical
systems. Inclusive of robust solutions for model-based
development, generative design, hybrid concept modeling,
multiphysics analysis, manufacturability, and photorealistic
rendering, each delivers an intuitive user experience catering to
the specialized needs of designers, design engineers, and
manufacturing professionals with little or no experience with
simulation.
Business advantages under the new sTUs licensing model
include:
- Packaged for Broad Coverage, Priced for
Value: Packaged as a comprehensive subset of
applications available through the broader Altair HyperWorks suite,
sTUs are less expensive than HWU’s and priced right for SMB
customers.
- Access to entire solidThinking suite:
Previously licensed as individual products, under the new sTU
licensing, customers will be able to access to the entire
solidThinking software suite. For example, customers with a
single seat of Altair Inspire™ will now have access to nine (9)
different software applications currently available through
solidThinking.
- On-demand flexibility to run on the desktop or in the
cloud: sTU licensing will soon provide the unique
flexibility to run enabled solidThinking software applications
locally or in the cloud from anywhere, at any time. This
model lowers the barrier of entry for organizations with limited IT
and compute resources to ramp up simulation-driven design
capabilities. For those with a higher simulation
maturity-level, the new licensing allows organizations to easily
and cost-effectively scale resources to meet increased simulation
demand.
The upgrade to sTU licensing has been designed to be
straightforward and is available to all solidThinking customers by
contacting their appropriate channel representative:
- solidThinking Lease Customers: seamless,
no-cost upgrade to sTU licensing enables immediate access to all
software titles in the solidThinking suite as well as the ability
to run enabled applications in the cloud.
- solidThinking Paid-up Maintenance
Customers: all legacy paid-up licenses will be
converted to sTU licensing with all the benefits for the same cost
currently paid for annual maintenance.
- solidThinking Paid-up Customers
Out-of-Maintenance: regional incentive offers to upgrade
to sTU licensing are available for a short time through the end of
the year.
To learn more about solidThinking simulation-driven design
solutions and the value units-based licensing offers, please visit
www.solidthinking.com/units.
About Altair (Nasdaq: ALTR)
Altair transforms design and decision making by applying
simulation, machine learning and optimization throughout product
life cycles. Our broad portfolio of simulation technology and
patented units-based software licensing model enable
Simulation-Driven Innovation for our customers. With more than
2,000 employees, Altair is headquartered in Troy, Michigan, USA and
operates 71 offices throughout 24 countries. Altair serves more
than 5,000 customers across broad industry segments. To learn more,
please visit www.altair.com.
Altair Corporate / Americas / Asia Pacific Biba A. Bedi
+1.248.614.2400 x 392 biba@altair.com
Altair Europe/ the Middle East / AfricaEvelyn Gebhardt +49 6421
9684351gebhardt@bluegecko-marketing.de
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