Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced that Factspan, a data and artificial intelligence (AI) services company, has joined Altair's growing channel partner network and will offer its customers Altair's full suite of comprehensive data analytics solutions found in the Altair RapidMiner platform.

'Our partnership with Factspan signifies a strategic convergence of shared values and vision as it aims to elevate the quality and effectiveness of data analytics and artificial intelligence (AI) solutions provided to customers,' said Kimon Afsaridis, managing director of Eastern Europe and vice president of indirect EMEA sales, Altair. 'Together, we embark on a journey marked by sophistication and innovation, poised to redefine industry standards and cultivate enduring relationships built on trust and excellence.'

'We are elated to partner with Altair to form a strategic alliance, which will unleash the immense potential that lies at the intersection of advanced analytics, generative AI, and simulation,' said Akhilesh Yadav, founder and chief executive officer, Factspan. 'This partnership reflects our commitment to delivering unmatched value through engineering excellence for our enterprise clients. Together, Factspan and Altair will help our clients look beyond the horizon for new insights, ideas, and possibilities.'

Founded in 2012 and headquartered in Seattle, Washington, Factspan is a data and AI company that helps global enterprises collect, store, and manage their varied and complex data structures, identify patterns and trends, and build analytical models to analyze and deliver business outcomes. Trusted by many Fortune 500 companies, they deliver outcome-focused cloud data engineering and data science solutions for marketing and sales programs, merchandising, customer lifecycle, product management, supply chain, and risk analysis.

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world - all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.

Contact:

Email: ir@altair.com

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