Pune: With over three decades of experience and catering to over 5,000 customers, 60,000 users across industry, Altair is transforming businesses by applying simulation and machine learning technologies. In an interview, Pavan Kumar, Managing Director, Altair India, speaks on the changing industry needs and rise of simulation.
Where do we stand when it comes to use of simulation in the industry?
When it comes to use of simulation we have surpassed the stage where we need to make a customer aware of benefits of simulation. Now the customer has moved on from thinking about simulation only for safety.
For instance in automobile segment customers now demand a solution for strength, durability and comfort. Similarly customers are demanding solutions for less noise, soft seats which highlights the need to explore and innovate in the simulation industry. Also there is no difference while catering to global clients and Indian customers as the latter is equally demanding.
So why has simulation become the need of the hour for industries?
As we see in the last few years, the duration of product development life cycle has drastically reduced. We change our mobiles within a year and cars in three years and so we need to run faster. The only way customers can do this is through digital simulation techniques and in future we will see more simulation. We at Altair provide digital simulation platform to our customers which is blended with IOT (Internet of Things) techniques and artificial intelligence. Altair has an edge of domain knowledge and right expertise which helps in catering faster and in better way to our customers.
Which industry is growing rapidly when it comes to simulation?
For us it would be automotive, followed by aerospace and then consumer goods.
Does Altair have industry-academia tie-up in India?
Yes we are in touch with many colleges in India. We have identified that future of India is in younger generation. We have a specific programme called Altair Industry Outreach to bridge the gap between industry and colleges. We have recently tied up with KLE Technological University, Hubballi. We are also supporting the government’s skill India programme and have set up a Research-oriented Centre of Excellence with collaborative efforts of DesignTech Systems, Science and Technology Park of Department of Science and Technology (DST), Government of