Altair Is Named Computer Software Company Of The Year: Troy-based Altair, a leading global provider of simulation technology and engineering services, was presented with a Gold Stevie Award as Company of the Year in Computer Software at the 10th Annual American Business Awards Sept. 17. The American Business Awards are the nation’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations — public and private, for-profit and non-profit, large and small. Nicknamed the Stevies for the Greek word for “crowned,” the trophies were presented to winners during a gala banquet on Monday, Sept. 17 at the Julia Morgan Ballroom in San Francisco. More than 200 nominees and their guests attended. This year, for the first time, The American Business Awards were presented at two awards events: the traditional awards banquet in New York in June, and at a new tech and product awards event in San Francisco. More than 3,000 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories. Altair earned the gold award for its achievements throughout 2011. During that period, Altair strengthened its position in the global market through its breadth of offerings and steady growth, with revenues exceeding $200 million – up more than 20 percent from 2010. This growth propelled Altair to the top spot as the world’s largest privately held computer-aided engineering software development company, largely accelerated by the significance of advanced technology in design, engineering and manufacturing strategies worldwide. Among its notable achievements in 2011, Altair introduced version 11.0 of its popular HyperWorks CAE software and HyperWorks on Demand, a high-performance computing solution for design innovation in the cloud. HWOD leverages Altair’s patented licensing system and provides access to Altair’s HyperWorks software and a modern, scalable HPC infrastructure through a secure and efficient Web-based platform. It also opened a high-powered data center to support HWOD customers and manage large-scale high-performance computing jobs. Altair also unveiled BUSolutions, a collaborative effort between public and private entities to research, develop and commercialize advanced transit bus systems to revitalize public bus transportation. Altair leveraged its systems engineering approach, domain expertise from various industries and technology, including OptiStruct, a finite-element based technology for conceptual design synthesis and structural optimization, to create the world’s first series hydraulic hybrid transit bus. The significantly lighter-weight bus boasts fuel economy results 110 percent better than conventional diesel buses and 30 percent better than today’s best electric hybrid buses, with lower lifetime ownership costs and no compromises in performance, safety and durability. Stevie Award winners were selected by more than 270 executives nationwide who participated in the judging process this year. More at www.stevieawards.com/aba and www.altair.com.
Nuspire Wins Best Practices Award: Commerce Township-based Nuspire Networks will be honored during the upcoming SecureWorld Detroit Expo held Oct. 3-4 at the Ford Motor Co. Conference Center. Analyst firm Frost and Sullivan will be presenting Nuspire with its Best Practices Award – North American Entrepreneurial Company of the Year. Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry. More at www.frost.com.