Altair unveils on-demand computing biz model

Bangalore, May 31: The City based Altair Engineering unveiled today its new software business model to enable the first on-demand computing software environment that tackles the challenges of multi-core processor licensing.

High Performance Computing AMD, Director, David Rich, in a release here, said that "Altair's new licensing model allows customers to immediately realize maximum value from their AMD multi-core processors and play a catalyst role in moving the industry towards greater adoption of innovative technologies like Grid-utility and on-demand computing".

It has developed its innovative software licensing model that allows customers to enable their entire enterprise infrastructure to be shared globally while paying for actual usage of software licences.

UNI