Altair acquires IoT company Carriots

“Combining Altair’s software suites with Carriots’ solutions for the IoT will provide our customers with the complete stack of technology they need to create, simulate and manage their new connected products over complete lifecycles,” said Miguel Castillo Founder of Carriots. “We are joining forces with a leader in product design and engineering, and as part of the Altair team we can now better help organisations capture the full value of IoT.”

The Carriots platform offers customers the freedom to choose their own hardware or infrastructure provider, tailor and build custom applications, integrate with third party solutions and corporate IT systems or on-board devices directly to Carriots as a turn-key Platform-as-a-Service offering.

Carriots offers free trial access for customers to fully develop proof of concept IoT applications, which can be scaled to millions of devices with a commercial agreement. Key advantages of the Carriots platform are the speed of deployment and scalability for broad use cases ranging from smart cities, energy, and agriculture to consumer products and logistics.

James R. Scapa, Altair’s Founder, Chairman and CEO, noted that: “As connectivity and intelligence become part of almost everything with which we interact, performance optimisation has evolved to be a continuous process throughout a product’s lifecycle. We are combining Altair and partner technologies with the Carriots platform to become a leader in IoT, including applications to support our customers’ digital twin strategies.”