Kuala Lumpur, 29 September 2021: – Universiti Teknologi PETRONAS (UTP), and Altair Engineering Sdn Bhd, a subsidiary of Nasdaq-listed Altair Inc, has elevated its public-private synergy to set up the Altair Professorial Chair in Applied Scientific Computing. The Chair is a significant asset to Malaysian enterprises as it offers consultancy services to help start-ups, Small and Medium Enterprises (SMEs) and corporations develop practical solutions to various challenges faced across the organisation.
“Altair is privileged to be awarded with this prestigious honour by UTP. We believe our expertise in data analytics, Artificial Intelligence (AI), simulation, and high-performance computing (HPC), matched with UTP’s leading research capabilities, make for a great synergy to spearhead Malaysian enterprises into the digital era. Together, we are able to provide sound counsel and practical solutions to help organisations, especially start-ups, SMEs and corporations stay resilient and competitive,” said Altair Managing Director for Southeast Asia, Australia and New Zealand, Srirangam Srirangarajan.
According to UTP Vice Chancellor, Professor Ts. Dr Mohamed Ibrahim Abdul Mutalib, “UTP is honoured to mark this significant milestone in our long-term partnership with Altair. Our current position as the top-ranking private university and second overall in Malaysia by the Times Higher Education (THE) World University Rankings 2022 is a testament to UTP’s strengths, among which includes producing world-class research. We are thrilled to be able to offer top-notch solutions backed by solid research, and now with Altair, sound expertise in cutting-edge technology applications.”
The Altair Professorial Chair in Applied Scientific Computing is led by Altair Senior Director Global Academic Programs, Dr Armin Veitl, a veteran in the realm of win-win industry university collaboration.
The Chair’s consultancy capabilities are available to enterprises of all scales from any and every industry in the business of offering products or services. Examples of industries include manufacturing, banking and financial services, insurance, architecture and construction, oil and gas, automotive, telecommunications, pharmaceuticals, as well as electrical and electronics, to name a few.
Enterprises looking to reimagine competitiveness in the market and elevate productivity can greatly benefit from engaging in the Chair’s expertise. Examples of effective applications of integrated solutions by the Chair include lower cost of production, quality improvements and scrap reduction for manufacturers; fraud detection and risk analysis for banking and financial services; customer experience and dealer management, and profitability planning for product development processes.
UTP and Altair’s comprehension of Malaysia’s unique business environment enables the curation of solutions that are personalised to the specific needs of enterprises. More importantly, the Consultancy component of the Chair enables the development of practical solutions that meet various pain points enterprises face such as affordability and bridging understanding about complex digital applications.
Additionally, the Altair Professorial Chair in Applied Scientific Computing will also create opportunities to put Malaysia on the map through the promotion of UTP in the international arena via objective participation in intellectual discourses within the international academia. Altair will also enhance the teaching and learning process in related courses at UTP, further integrating current industry and technical know-how with classroom theories for the benefit of undergraduates and post-graduate students. In addition to boosting the facilitation of external research grants and funding, Altair will also lend its professional perspective to complement the efforts of academics at UTP as it develops a blueprint for fields of research and a road map in the area of Applied Scientific Computing.
“Digitalisation robustness is increasingly being used by foreign investors as a yardstick for investing in Malaysia. We hope enterprises will grab this opportunity to tap into UTP and Altair’s expertise through the Altair Professorial Chair in Applied Scientific Computing as part of their digital transformation roadmap and overall strategic growth plan”, added Srirangam.
Enterprises can engage with the Altair Professorial Chair in Applied Scientific Computing by contacting UTP Deputy Vice Chancellor Research, Innovation and Commercialisation, Professor Ir Dr Mohd Shahir Liew at This email address is being protected from spambots. You need JavaScript enabled to view it..
About Altair (Nasdaq: ALTR)
Altair is a global technology company that provides software and cloud solutions in the areas of data analytics, simulation, and high-performance computing (HPC). Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future. To learn more, please visit www.altair.com.
About Universiti Teknologi PETRONAS (UTP)
Founded in 1997, UTP is one of the leading universities in the region. It offers a wide range of industry-relevant engineering, science and technology programmes as well as management and humanities at undergraduate and postgraduate levels. 24 years on, the university has produced over 19,000 graduates from more than 60 countries and has become one of the main feeders within the region in producing competent talents and workforce. For more information, visit www.utp.edu.my
