TROY — The Troy-based simulation technology and engineering services firm Altair Engineering Inc. has chosen Kuala Lumpur as its new regional headquarters.
Teh Altair subsidiary Altair Engineering will be located at 3B-10-7, Tower 3B, Level 10, Plaza Sentral, Jalan Stesen Sentral 5, KL Sentral, 50470 Kuala Lumpur.
The new office will also serve as Altair’s training and technical support center for the region.
“The new office in Kuala Lumpur is significant to Altair’s future growth in Southeast Asia,” said Srirangam Srirangarajan, Altair’s managing director for the Association of Southeast Asian Nations region. “We are confident that this expansion will enhance our local presence and help us penetrate new market segments such as electronics and aerospace.”
Atair is No. 1 is no. 1 in computer-aided engineering in Southeast Asia, providing both software and engineering services. Altair has served the Malaysian market since 2012, providing advanced engineering software and on-demand computing technologies to both private and public sector clients.
“According to our market research, the CAE market is growing rapidly in Malaysia and throughout Southeast Asia,” Srirangarajan said. “We are seeing CAE technologies moving aggressively into non-traditional domains like consumer products, architecture, civil engineering, and construction, to name a few. As Malaysia moves towards establishing itself as a high-technology manufacturing hub, companies in the aerospace, biotechnology, electronics, and information and communications technology industries are turning to CAE software to improve the quality of innovation and maintain cost-efficiency. In Malaysia, we see very good prospects in the automotive, manufacturing, and oil and gas sectors. Malaysia also has the capacity to become a major player in aerospace and electronics.”
More at www.altair.com.