Company comparison
PTC vs Altair
Radar profile, momentum bars, and stack placement side by side.
PTC
Not scored
momentum
Altair
Not scored
momentum
PTC capital
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Altair capital
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No radar series.
Momentum head-to-head
Attribute tape
| Field | PTC | Altair |
|---|---|---|
| Category | Vertical applications | Vertical applications |
| Stack | Layer 9 | Layer 9 |
| HQ | Boston, MA, United States | Troy, Michigan, United States |
| Founded | 1985 | 1985 |
| Status | Operating | Acquired |
| Funding | — | — |
| Momentum | — | — |
| Summary | PTC is a publicly traded industrial software company that provides CAD, PLM, ALM, IIoT, and augmented reality tools to help global manufacturers design, build, and service products. Its integrated portfolio enables an end-to-end digital thread across product development, manufacturing, and service lifecycle operations. | Altair provides industrial software for simulation, high-performance computing (HPC), data analytics, and AI, helping engineers design better products and optimize processes. Originally publicly traded on NASDAQ (ALTR), Altair was acquired by Siemens in 2024 and is now integrated into the Siemens Xcelerator industrial software platform. |
| Who for | Teams evaluating AI vendors in this category. | Teams evaluating AI vendors in this category. |
| Differentiator | PTC is a publicly traded industrial software company that provides CAD, PLM, ALM, IIoT, and augmented reality tools to help global manufacturers design, build, and service products. Its integrated portfolio enables an end-to-end digital thread across product development, manufacturing, and service lifecycle operations. | Altair provides industrial software for simulation, high-performance computing (HPC), data analytics, and AI, helping engineers design better products and optimize processes. Originally publicly traded on NASDAQ (ALTR), Altair was acquired by Siemens in 2024 and is now integrated into the Siemens Xcelerator industrial software platform. |
