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Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced it has signed a memorandum of understanding (MoU) with the Automotive Research Association of India (ARAI) to foster technology and digital transformation within the automotive and heavy engineering sectors. This collaboration is set to harness state-of-the-art digital twin technology, data-driven design, and artificial intelligence (AI)-powered engineering solutions to help propel innovation and promote sustainability. Within the collaboration, both organisations will work together to enhance digital transformation and product development.
“We are excited to partner with ARAI, an esteemed institution in the automotive industry,” said Stephanie Buckner, Global Chief Operating Officer, Altair. “Together, we aim to drive the adoption of AI-driven engineering and data analytics, facilitating digital transformation and enhancing the capabilities of the automotive and heavy engineering sectors.”
“This MoU signifies a major step forward in our mission to integrate cutting-edge technologies in our R&D processes,” said Reji Mathai, Director, ARAI. “Altair's expertise will allow us to deliver more sustainable solutions and position ARAI as a leader in automotive innovation.”
Known for its comprehensive automotive testing and certification capabilities, ARAI will integrate Altair’s advanced simulation and data analytics tools into its consulting services. This will enable the exploration of new use cases in electrification, connectivity, and energy management.
The Consumer Affairs Ministry is spearheading the creation of this index, which will evaluate products based on several key criteria.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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