Altair Announces Crown Point Technologies as U.S. and Europe Data Analytics and AI Reseller

Rhea-AI Summary

Altair (Nasdaq: ALTR) has announced Crown Point Technologies as its official reseller for data analytics and AI solutions in the U.S. and Europe. This partnership aims to expand the reach of Altair's RapidMiner platform in the government and healthcare sectors. Crown Point Technologies' industry expertise will drive adoption of Altair's AI and data visualization tools.

The collaboration is expected to accelerate RapidMiner's adoption in key markets, enabling smarter decision-making and improved operational efficiency for businesses and government organizations. Altair was recently positioned as a Leader in Gartner's Magic Quadrant for Data Science and Machine Learning Platforms, highlighting the company's strong position in the data analytics and AI market.

Positive

• Partnership with Crown Point Technologies expands Altair's market reach in government and healthcare sectors
• Potential for accelerated adoption of Altair RapidMiner platform in key markets
• Recognition as a Leader in Gartner's Magic Quadrant for Data Science and Machine Learning Platforms

Negative

• None.

TROY, Mich., Sept. 5, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, is excited to announce that Crown Point Technologies, a company specializing in technology solutions for the government and healthcare sectors, has been named an official reseller for the U.S. and Europe regions. This partnership will focus on bringing the capabilities of the Altair^® RapidMiner^® data analytics and artificial intelligence (AI) platform to a broader range of clients.

Crown Point Technologies brings extensive expertise in the government and healthcare industries. With a commitment to delivering cutting-edge technology solutions, Crown Point Technologies will leverage its deep industry knowledge and customer relationships to drive the adoption of Altair's AI and data visualization tools. By adding Crown Point Technologies to its global channel partner ecosystem, Altair aims to accelerate the adoption of Altair RapidMiner in key markets, driving transformative outcomes for businesses and government organizations alike.

"We are thrilled to partner with Crown Point Technologies to expand our reach and impact within the government and healthcare markets," said Jason Napolitano, senior vice president, Americas, Altair. "Their expertise in these critical areas, combined with our best-in-class Altair RapidMiner platform, will empower organizations to harness the full potential of their data, enabling smarter decision-making and improved operational efficiency."

"Partnering with Altair allows us to offer our clients unparalleled AI and data visualization capabilities," said Stephen Kahmann, co-founder, Crown Point Technologies. "Altair's innovative solutions are a perfect fit for the complex needs of our clients in government and healthcare, and we look forward to delivering exceptional value together."

Altair was recently positioned by Gartner® as a Leader in the Magic Quadrant™ for Data Science and Machine Learning Platforms for its offering, Altair RapidMiner. To download the Magic Quadrant, visit https://web.altair.com/gartner-magic-quadrant-for-data-science-and-machine-learning-platforms-2024. To learn more about the Altair RapidMiner platform and Altair's data analytics capabilities, visit https://altair.com/altair-rapidminer.

Gartner, Magic Quadrant for Data Science and Machine Learning Platforms, Afraz Jaffri, Aura Popa, Peter Krensky, Jim Hare, Raghvender Bhati, Maryam Hassanlou, Tong Zhang, 17 June 2024.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Altair

Altair is a global technology company that provides software and cloud solutions in the areas of product development, high-performance computing (HPC), and data analytics. Altair enables organizations across various industries to compete more effectively in a connected world while creating a more sustainable future. For more information, visit https://altair.com/.

Media contacts
Altair Corporate	Altair Investor Relations
Bridget Hagan	Stephen Palmtag
+1.216.769.2658	+1.669.328.9111
corp-newsroom@altair.com	ir@altair.com
Altair Europe/The Middle East/Africa
Charlotte Hartmann
+49 (7031) 3095 6990-0
emea-newsroom@altair.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/altair-announces-crown-point-technologies-as-us-and-europe-data-analytics-and-ai-reseller-302236821.html

SOURCE Altair

FAQ

What is the significance of Altair's partnership with Crown Point Technologies?

The partnership aims to expand Altair's reach in the U.S. and Europe, particularly in government and healthcare sectors, by leveraging Crown Point Technologies' expertise to drive adoption of Altair's RapidMiner data analytics and AI platform.

How does this partnership benefit Altair (ALTR) shareholders?

The partnership has the potential to accelerate the adoption of Altair RapidMiner in key markets, which could lead to increased revenue and market share for Altair, potentially benefiting shareholders.

What recognition has Altair (ALTR) received for its data science and machine learning platforms?

Altair was recently positioned as a Leader in Gartner's Magic Quadrant for Data Science and Machine Learning Platforms for its Altair RapidMiner offering.

When was Crown Point Technologies announced as Altair's reseller for the U.S. and Europe?

Altair announced Crown Point Technologies as its official reseller for data analytics and AI solutions in the U.S. and Europe on September 5, 2024.