wonderfully unique software solutions

Altair adds to EMEA channel as financial outlook improves

High-performance computing, AI and simulation software vendor Altair looks to be building up its data analytics channel to boost availability and support across EMEA.

According to Kimon Afsaridis, vice president of indirect sales and Eastern Europe managing director at Altair, the signing of Wroclaw, Poland based solution provider BPX will further support sales across the data analytics portfolio.

“This strategic collaboration will guarantee continuous growth for both companies within the fast-growing data analytics and AI markets,” said Afsaridis.

Altair believes that many Polish-based companies are in need of state-of-the-art data solutions with local support.

BPX offers advanced solutions for enterprise resource planning (ERP), business intelligence, and IT service management, with a skilled global workforce, established partnerships, deep consulting expertise and the BPX Solution Center Network,” according to the announcement.

“This agreement is an important step to further expand Altair’s data analytics partner network in the EMEA region.”

Altair’s latest financial results — while still reporting a net loss — exceeded expectations for its second quarter of 2021 ending 30 June and raised its full-year outlook, according to its latest investor release.

The net loss of $13.6m (£9.8m) for Q2 was 33.5% higher than the year-ago quarter’s $10.2m.

Software product revenue was $99.6m in Q2, versus $81.8m for the year-ago quarter, on total quarterly revenue of $119.9m.

James Scapa, chairman and CEO of Altair, said: “Customers are investing to grow their businesses as we emerge from the pandemic, and Altair’s products, services, and business models are clearly resonating, gaining market awareness, and increasing market share.”

( Photo by Mika Baumeister on Unsplash )

Recent Articles

RealVNC remote-access highlighted by six finalists for Raspberry Pi prize

RealVNC, maker of RealVNC Connect, has named six finalists for this year's RealVNC Raspberry Pi Prize with winner and runners-up to be...

Cyberattack climate entails customised firewalling, notes Stormshield

Firewalling at the edge is no longer enough so organisations increasingly need to combine suitable location with segmentation and zero-trust strategies that...

Palm vein biometrics market set to explode this decade

The market for palm-vein based biometrics has been forecast to expand in line with a compounded annual growth rate of 22.4% from...

Automox targets unsigned scripts with PowerShell signing capability

Endpoint management company Automox is unveiling Worklets Signing, which complements Worklets and Ask Otto with a view to helping companies dodge the...

Arista warns SMBs to take precautions against edge threats

Arista Networks, the vendor of Arista Edge Threat Management (ETM) has warned that SMBs aren't always aware of the extent of targeting...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Weirdware monthly - Get the latest news in your inbox