Altair Develops A Smart Building Platform To Enable Facility Operational Excellence

Published 2 October 2018 by Derrek Clarke

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Executive Summary

This report is one in a series covering technology suppliers in the smart building market. Headquartered in Troy, Michigan, Altair, with $333 million in revenue for 2017, is a provider of software solutions that enable the development of smart products and associated services for buildings, cities, manufacturers, and utilities. To learn more about Altair, Verdantix spoke with Brian Peters, VP of Business Development, and Charline Hunt, IoT and Smart Building Solution Marketing Manager. Verdantix analysis finds that Altair has developed a smart building solution that targets both facility and business operational excellence.

Table of contents

Altair Develops A Smart Building Platform To Enable Facility Operational Excellence
Altair’s New Smart Building Platform Targets Facility Services Firms And OEMs
Altair’s Smart Building Platform Provides Analytics-Driven Controls To Unlock Facility And Operational Efficiencies
Altair Needs To Drive Home Its Differentiation Through The Delivery Of Operational Improvements

Table of figures

Figure 1. Altair Smart Building Platform Technology Stack 
Figure 2. Over One Quarter Of Real Estate Decision-Makers Are Considering A Building IoT Platform

Organisations mentioned

AIG, ADT, Alcoa, ALSTOM, BAE Systems, Boyacá, CANDI Controls, Carriots, CBRE, Chubb, Daikin, General Motors, Honeywell, KONE, MetLife, Omnifor, Schneider Electric, Siemens, Renault, Rheem, thyssenkrupp, Unatec, United Technologies, WorleyParsons.

About the author

Derrek Clarke

Senior Analyst

Derrek is a Senior Analyst in the Verdantix Smart Buildings Practice. He conducts Verdantix research on energy management and the optimization of building systems covering technologies, best practices and growth strategies. His current agenda is focused on establishing facility optimization software as a distinct category of technology investment. Derrek has ten years of experience as a licensed architect. He joined Verdantix in 2014 and previously worked at global architecture and engineering firm HOK. Derrek holds a Masters in Architecture from Parsons and a Masters in Sustainability Management from Columbia University.

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