Connect with us

Technology

Altair Releases Altair® HyperWorks® 2024

Published

on

Latest enhancements solidify platform’s status as the market’s world-class environment for AI-powered simulation-driven innovation

TROY, Mich., July 10, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced the release of Altair® HyperWorks® 2024, the market’s leading platform for design and simulation. The latest release delivers significant advancements in artificial intelligence (AI)-powered engineering and business, mechanical and electronics systems design, and simulation-driven design and optimization.

“Altair HyperWorks 2024 is the only platform offering a unified, modern user experience across any geometry, physics, and complexity and at every stage of the product development life cycle from design to in-service,” said James R. Scapa, founder and chief executive officer, Altair. “With AI-embedded workflows, game-changing photorealistic graphics, and a unified back-end data system, Altair HyperWorks is the foundation upon which many of the world’s most innovative digital engineering practices are being built.”

AI-Powered Engineering and Business
Providing the data backbone essential for AI enterprises, Altair HyperWorks 2024 unleashes AI across every step of the product life cycle. Seamlessly embedded AI in design and simulation tools accelerates exploration, while engineer-friendly, HPC-fueled workflows augment the human-AI relationship. Altair HyperWorks 2024 deepens these capabilities, enhancing processes from design to in-service operations, giving users the ability to:

Accelerate design exploration and iteration with generative design capabilities in Altair® HyperMesh®.Conduct effortless thermal analysis in Altair® SimLab® through ‘what-if’ studies using real-world data from Altair® physicsAI™ models to make design of experiments (DOE) more efficient.Rapidly predict behavior with generative design in Altair® Inspire™ to maximize efficiency in both design and manufacturing while ensuring top performance.Focus more on innovation, benefiting from dramatically faster training times and enhanced AI-powered capabilities. Engineers can train physicsAI models with a single click on Altair Drive utilizing the scalable HPC and cloud resources of Altair One®. This eliminates infrastructure barriers and accelerates design exploration with advances in AI accessibility.

Leading the Engineering User Experience
Altair HyperWorks 2024 brings forth a paradigm shift in engineering. Through an AI-powered, modern experience, productivity is enhanced by intuitive workflows, efficient design environments, game-changing photorealistic graphics for better visualization, and a unified back-end data model. With support for Python and C++, Altair HyperWorks ensures seamless integration with more than 250 CAD systems, solvers, and file formats, removing interoperability bottlenecks while empowering engineers with extensive scripting capabilities to customize the platform and automate repetitive tasks.

One Source of Truth: Digital Engineering
Altair integrates digital twins and digital threads to create a digital engineering ecosystem, providing one source of truth that ensures engineers have access to the most accurate real-time data and models. The latest updates to Altair® Twin Activate® enhance models’ accuracy and clarity and include customization and integration improvements that expedite the transition from concept to reality.

Additionally, Altair® Material Data Center™ augments the design process by offering more than 72,000 high-fidelity, CAE-ready material datasets, empowering alternative material exploration throughout the product development life cycle with one traceable digital thread.

Mechanical and Electronic System Design
Altair HyperWorks 2024 focuses on elevating design fidelity and streamlining engineering workflows with robust integration and automation capabilities. It includes:

Enhanced productivity with Python API in HyperMesh, empowering engineers to automate routine tasks, tailor their CAE environment with custom plugins, integrate with other tools, and access a vast support network through the Python community.Accelerated electronics system design perfection from the start with SimLab. Through the Ultra Librarian integration, users get faster, more accurate 3D printed circuit board (PCB) modeling. Users can predict and enhance PCB lifespan with fatigue life simulations, analyze electric motors using advanced multiphysics analysis, and simulate diverse materials to understand fluid flow dynamics. Meshless ECAD simulation with Altair SimSolid®, transforming mechanical and electronics systems into smart, connected realities, from requirements to embedded systems, with new solver capabilities for multi-disciplinary electronics. It empowers users to seamlessly transition from ECAD to simulation, optimizing the analysis of complex PCB and integrated circuit (IC) models without the need for traditional meshing or design simplifications.

Simulation-Driven Design and Optimization
As the most comprehensive simulation-driven design solution for design, performance analysis, and manufacturability, Inspire reinforces its market-leading position. Starting with a sketch, users can build or edit geometries with parametric B-Rep solids, polyNURBS, facets, and implicit modeling. It features analysis tools for structural, fluid dynamics, and motion studies, complemented by designer-friendly computational physics for detailed analysis across various manufacturing processes. Inspire also integrates powerful technologies like generative design, meshless simulation, and physicsAI for rapid behavior prediction, maximizing design and manufacturing efficiency while ensuring top performance. 

To learn more about Altair HyperWorks 2024, visit https://altair.com/hyperworks-2024. To view presentations from this year’s ATCx AI for Engineers virtual event, visit https://events.altair.com/atcx-ai-for-engineers-2024/.

About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.

Media contacts

Altair Corporate

Altair Investor Relations

Bridget Hagan

Stephen Palmtag

+1.216.769.2658

+1.669.328.9111

corp-newsroom@altair.com

ir@altair.com

Altair Europe/The Middle East/Africa

Charlotte Hartmann

+49 7031 6208 0

emea-newsroom@altair.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/altair-releases-altair-hyperworks-2024-302192784.html

SOURCE Altair

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Madison Liquidators Launches Office Essentials to Highlight Necessities Nationwide

Published

on

By

MADISON, Wis., Jan. 7, 2025 /PRNewswire/ — Madison Liquidators, a trusted name in online office furniture solutions, is excited to announce the launch of its Office Essentials campaign, a targeted initiative to help businesses and individuals create productive, ergonomic, and stylish work environments. The Office Essentials campaign focuses on providing high-quality, affordable office furniture basics tailored to the needs of modern workplaces. Madison Liquidators aims to simplify the shopping experience for office must-haves while delivering exceptional value to customers.

Some of the major highlights of the Office Essentials Campaign will include curated product lines, special promotions, as well as expert guidance. Curated product lines feature handpicked selections of office desks, chairs, storage solutions, and accessories from top brand partners. Expert guidance will be the crowning force in the essentials campaign as Madison Liquidators has always prioritized customer service. With this in mind, the expert guidance focus of the campaign offers personalized support from the company’s customer support team to help shoppers find the perfect solutions for their space and budget.

The Office Essentials campaign is an excellent time for businesses large and small to optimize their office space with everything they need to create a productive office space. This means the campaign will feature common items such as l-shape desks, ergonomic office chairs, storage cabinets, and conference tables. This will provide offices not only an incentive to update their spaces with quality office furniture but also to help new businesses understand other items necessary to office productivity like monitor arms, laptop stands, desk accessories, and keyboard trays.

The Office Essentials campaign is live now, with new products and deals updated on the Madison Liquidators website. The homepage has a tab dedicated to Office Essentials for shoppers to quickly navigate the essentials.  Since 2015, Madison Liquidators has been a leading provider of office furniture and solutions, offering a vast inventory of high-quality products to businesses and individuals nationwide. Known for its dedicated customer service, Madison Liquidators is dedicated to enhancing workspaces with furniture that marries efficiency with employee comfort and well-being.

View original content to download multimedia:https://www.prnewswire.com/news-releases/madison-liquidators-launches-office-essentials-to-highlight-necessities-nationwide-302344359.html

SOURCE Madison Liquidators

Continue Reading

Technology

BSI Financial Services SVP Allen Price Joins IMN Home Equity Investment Advisory Board

Published

on

By

IRVING, Texas, Jan. 7, 2025 /PRNewswire/ — BSI Financial Services, a national mortgage fintech platform, today announced that Allen Price has been selected to join the IMN Home Equity Investment Advisory Board. Price, who serves as senior vice president of sales, client and transaction management at BSI Financial Services, is the first mortgage servicing executive appointed to the Board.

The IMN Home Equity Investment Advisory Board is comprised of thought leaders and key stakeholders from servicing, capital markets, HEI originations and rating agency organizations who are dedicated to advancing the primary and secondary markets through innovation and strategic collaboration. Price’s position on the Advisory Board reflects BSI Financial’s growing prominence in the HEI space. BSI is a rated servicer that provides both full and backup servicing and asset management for rated and non-rated HEI backed securitizations, as well as non-securitized HEI assets. BSI Financial also services traditional home equity lines of credit (HELOC) and closed-end second lien loan products.

“I am deeply honored to join the IMN Home Equity Investment Advisory Board and to collaborate with such an accomplished group of mortgage and capital markets professionals,” Price said. “This opportunity allows me to continue to provide thought leadership and innovation to this very important and growing sector while bringing to the table BSI Financial’s unique perspective and expertise in servicing HEI assets.”

BSI Financial’s proprietary technology stack, including Libretto and BSI ASSET360, differentiates the company from other servicers. Libretto automates daily quality control, reducing processing errors and identifying potential issues before they impact customers. BSI ASSET360 provides lenders and investors with real-time visibility into asset status and performance. These systems help build consumer, originator, regulatory and investor confidence in the growing HEI sector.

BSI Financial has experienced substantial growth in its servicing portfolio of HEI assets. The company now services approximately $2.1 billion in unpaid principle balances across 22,000 units, establishing itself as a servicing industry leader in the home equity investment asset class.  

“Building world-class servicing operational processes to support the unique and bespoke nature of HEI assets that will provide homeowners with greater financial flexibility is exactly what BSI is all about,” said Harold Lewis, President and COO of BSI Financial Services.

For more information about BSI Financial Services and its contributions to the HEI market, visit https://bsifinancial.com/lender_landing_hei.html.

About BSI Financial Services 
BSI Financial Services is leading the evolution of mortgage servicing for originators, investors, and homeowners using a mortgage fintech platform. The company brings together a talented team with long mortgage industry expertise, scalable digital capabilities, and deep regulatory understanding. BSI Financial is one of the fastest-growing mortgage servicers across the industry and currently services nearly $50 billion in mortgages. The company is approved as a servicer by Fannie Mae, Freddie Mac, FHA, VA, and USDA, approved as an issuer by Ginnie Mae, and rated by S&P, Fitch and DBRS as a servicer. For more information, visit www.bsifinancial.com

PRESS CONTACT FOR BSI:
Mary McGarity
Strategic Vantage Marketing & Public Relations
203-260-5476
MaryMcGarity@StrategicVantage.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/bsi-financial-services-svp-allen-price-joins-imn-home-equity-investment-advisory-board-302343709.html

SOURCE BSI Financial Services

Continue Reading

Technology

BLAZE® POS Integrates with Sage to Streamline Accounting for Enterprise Cannabis Retailers

Published

on

By

Streamlining Cannabis Retail Accounting with Automation and Real-Time Financial Insights

LOS ANGELES, Jan. 7, 2025 /PRNewswire/ — BLAZE®, a leading cannabis software platform, announces its integration with Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses. This integration enables efficient accounting workflows and enhanced financial visibility across several retail locations.

With this integration, cannabis retailers can complete daily accounting tasks with just a few clicks. The integration, facilitated by Alembic Computer Services, Inc.’s software connector, also provides detailed, store-level financial data across multiple states, empowering enterprise retailers to make informed decisions and scale effectively.

Completed purchase orders are seamlessly converted into vendor bills, with new vendors automatically added to the system. Daily sales and COGS data are mapped by product type and synced directly to Sage Intacct, ensuring accurate financial records while saving time and reducing errors.

Key Benefits of the Integration:

Simplify Daily Accounting: Automate transaction postings and reconciliations to streamline workflows.Location-Based Insights: Offers detailed views of financial performance across individual stores.Compliance-Ready Reporting: Ensures accuracy and meets regulatory requirements.

“Cannabis retail enterprises face unique accounting challenges as they scale,” said Chris Violas, CEO of BLAZE. “Our integration with Sage Intacct is a key part of our vision to empower enterprise cannabis retailers with seamless tools for managing their bookkeeping. By implementing automation, we’re providing businesses with a faster, more efficient way to close their books, enabling them to focus on growth and delivering exceptional customer experiences.”

This collaboration highlights BLAZE’s commitment to providing innovative tools that meet the evolving needs of the cannabis industry.

For more information, visit the BLAZE + Sage Integration Page

About BLAZE®
Founded in 2015 by technology and cannabis entrepreneurs, BLAZE powers cannabis retail operations with intuitive technology solutions. The award-winning BLAZE software suite provides point-of-sale, delivery, e-commerce, mobile apps, and integrated payments to cannabis retailers across North America. Built for enterprise-level retailers, BLAZE continues to set the gold standard for customer service and innovation. BLAZE has ranked in the Inc. 5000 Fastest Growing Private Companies in 2023 and 2024 and recently received the Kind Award for Best POS in Canada and a Cannatech Innovation Award for Scan to Shop.

Contact: Press@blaze.me

View original content to download multimedia:https://www.prnewswire.com/news-releases/blaze-pos-integrates-with-sage-to-streamline-accounting-for-enterprise-cannabis-retailers-302344036.html

SOURCE BLAZE

Continue Reading

Trending