Altair has acquired UK data analytics firm World Programming with a view to expanding and deepening its portfolio of data handling and manipulation applications.
According to the US company, the acquisition will help customers get more from languages like Python and open-source technologies in data analysis tasks.
James R Scapa, founder and chief executive officer of Altair, said World Programming’s solutions help customers compile and execute models built using the SAS language.
“We see this acquisition as a significant opportunity to help companies transition to hybrid architectures using modern, open technologies and languages,” Scapa said.
Altair customers include organisations looking to accelerate Big Data initiatives across sectors including financial services, insurance, healthcare, manufacturing, asset management and more.
World Programming’s scaleable data manipulation and analytics platform WPS Analytics supports the SAS language, SQL, Python, R and Hadoop natively, incorporating advanced maths, statistics and machine learning algorithms and with an ability to access multiple data sources.
Oliver Robinson, chief executive officer at World Programming, said Altair will help promote its products to a broader customer base.
“Customers want choice and integrating with Altair – an organisation with a trusted and reliable open-architecture philosophy – will give users easy access to technologies in a flexible and intuitive environment,” Robinson said.
Nasdaq-listed Altair also offers simulation, HPC and AI solutions as well as the Altair Monarch data extraction and preparation suite.
World Programming’s software will be integrated into Altair’s data analytics solutions and be available via Altair Units, which gives customers access to Altair’s entire portfolio of software solutions, the company said.
Altair was recently named as one of Investor’s Business Daily’s Best 100 ESG Companies, placing at number 50.
The list, chosen from a pool of 6000 US-traded firms, recognises companies from around the world that display excellent environmental, social, and governance (ESG) values, and represent organisations leading the way in sustainable, ethical business operations, according to Altair.
Altair’s Scapa said: “We’re committed to acting as a responsible global organisation that’s focused on creating a greener and healthier planet.”
( Photo by ThisisEngineering RAEng on Unsplash )
