Palantir and AlixPartners Join Forces to Help Clients Unlock the Value of Data
November 04 2021 - 6:59AM
Business Wire
AlixPartners, the global consulting firm, and Palantir
Technologies, a leading builder of operating systems for the modern
enterprise, today announced a strategic partnership designed to
unlock and accelerate their clients’ use of data to drive outsized
results. The partnership will combine AlixPartners’s world-renowned
strategic and operational consulting services with Palantir’s
cutting-edge Foundry software platform to help a wide array of
companies address some of the most complex and critical challenges
facing the modern enterprise.
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“In today’s highly disrupted business environment every industry
is at an inflection point. The companies that will endure and
ultimately thrive will be those that successfully leverage data to
power their sales, operations, customer experiences, and
organizations. Palantir’s platform is best in class and together we
have created a strategic opportunity to help our clients accelerate
talk and analysis into action,” says AlixPartners CEO Simon
Freakley.
Palantir’s Foundry platform drives data-driven decision making
and operations by fusing massive quantities of data from financial,
operational, and technical systems and providing intuitive end-user
interfaces that allow decisions to be made, captured, and optimized
in real time. Foundry helps transform the way organizations operate
by creating a central operating system for their data. Palantir’s
software is currently deployed in over 40 industries and powers
data-driven decisions across a diverse set of use cases in some of
the most complex data environments in the world. Bringing together
Palantir’s software with AlixPartners deep functional and industry
expertise will help our joint clients unlock step-change gains in
performance.
“Realizing the value of digital transformation requires a new
operating system across the entirety of an institution.
AlixPartners’ unique ability to drive strategic transformation for
our shared client base has allowed our customers to fully realize
the potential of Palantir’s operational AI platform, Foundry.
Palantir sees AlixPartners as a critical partner to help our shared
customers generate alpha today and reinvent themselves into the
dominant companies of tomorrow,” says Palantir COO Shyam
Sankar.
The partnership will focus on the most pressing and complex
issues impacting their shared clients. By deploying Palantir
Foundry in conjunction with AlixPartners’ experts, the partnership
will help their shared clients as they: 1) innovate next-generation
software-based business models on top of their core operating
business; 2) navigate critical disruptions in their businesses,
including supply chain breakages, consumer behavior shifts,
unanticipated business outages, and digital disruption; and 3)
develop fundamentally new ways of interacting with customers and
employees.
Together, AlixPartners and Palantir teams will deploy the
Foundry platform to help deliver enduring transformation across
functions in some of the world’s most important commercial
organizations. The initial focus of the partnership will be on
empowering major Aerospace, Telecom, Retail, and Media companies to
solve their increasingly complex operational challenges in the face
of customer behavioral shifts, supply chain disruptions, and
evolving value delivery patterns. This will include a focus on
identification and acceleration of software-based businesses
powered by the Foundry platform. With AlixPartners’ best-in-class
operational industry expertise and Palantir's operational software
with best-in-class architecture, they will jointly empower
customers to establish data driven operations and monetize their
unique expertise through software.
About AlixPartners
AlixPartners is a results-driven global consulting firm that
specializes in helping businesses successfully address their most
complex and critical challenges. Our clients include companies,
corporate boards, law firms, investment banks, private equity firms
and others. Founded in 1981, AlixPartners is headquartered in New
York, and has offices in 25 cities around the world. For more
information, visit www.alixpartners.com.
About Palantir Technologies Inc.
Palantir Technologies Inc. builds and deploys operating systems
for the modern enterprise. Additional information is available at
www.palantir.com.
Who dares, wins.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements may relate to, but are not limited to,
Palantir’s expectations regarding the terms and the expected
benefits of the strategic partnership. Forward-looking statements
are inherently subject to risks and uncertainties, some of which
cannot be predicted or quantified. Forward-looking statements are
based on information available at the time those statements are
made and were based on current expectations as well as the beliefs
and assumptions of management as of that time with respect to
future events. These statements are subject to risks and
uncertainties, many of which involve factors or circumstances that
are beyond our control. These risks and uncertainties include our
ability to meet the unique needs of our customers; the failure of
our platforms to satisfy our customers or perform as desired; the
frequency or severity of any software and implementation errors;
our platforms’ reliability; and our customers’ ability to modify or
terminate their contracts. Additional information regarding these
and other risks and uncertainties is included in the filings we
make with the Securities and Exchange Commission from time to time.
Except as required by law, we do not undertake any obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future developments, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20211104005317/en/
Lisa Gordon media@palantir.com
Ed Canaday/Robin Knight mediarelations@alixpartners.com
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