Altair Engineering and Open iT Partner to Provide Enhanced Grid Solutions

Open iT software and Altair(R) PBS Professional offer complementary applications for advanced grid technology -- Altair Engineering, Inc., a leading global provider of technology and services that strengthen client innovation and decision-making, and Open iT, Inc., a leading provider of IT asset management software, today announced that they have formed a partnership to integrate their grid software solutions to provide added value to the high- performance computing (HPC) community. The business arrangement will also open additional cross-selling opportunities to both companies in a wide range of industries. "Open iT definitely sees a strong synergy between the two companies' offerings, with great potential in the marketplace," says Signe Marie Stenseth, vice president of Open iT. "A company with a large investment in high-end technology applications not only needs an intelligent workload management solution like Altair's PBS Professional; it also needs to know the usage pattern of these software applications to support the right decision when software is up for renewal and to focus support and training where most needed. Open iT has the tools that cover software, server and storage management to help uncover bottlenecks, boost efficiency and support chargeback of IT resources usage. Bundled together, Altair and Open iT provide superior customer value." "This partnership with Open iT brings an added dimension to PBS Professional's strength in workload management," said Michael Humphrey, vice president of Altair's PBS GridWorks business unit. "Integrating Open iT's resource metering and usage optimization software with our advanced workload management technology will help customers save money and time in making intelligent resource decisions."