Palantir Named a Leader in AI/ML Platforms by Independent Research Firm
July 14 2022 - 6:59AM
Business Wire
Palantir Technologies Inc. (NYSE: PLTR, “Palantir”), a leading
builder of operating systems for the modern enterprise, today
announced it had been recognized as a Leader in artificial
intelligence and machine learning (AI/ML) software platforms by
renowned research and advisory firm Forrester.
Palantir was among the select companies that Forrester invited
to participate in “The Forrester Wave™: AI/ML Platforms, Q3 2022”
report. Palantir was cited as a Leader in this research. Palantir’s
Foundry operating system received the highest possible scores in
the product vision, performance, market approach, and applications
criteria.
As stated in the report, “Palantir Technologies forges a
resilient platform for complex, critical AI use cases…. Reference
customers appreciate the breadth of capabilities within the
platform, particularly for the security and governance of ML which
is critical in many environments. Palantir is a solid choice for
companies who have heavy data requirements and want to mix
classical ML techniques with deep learning ML techniques to build
complex AI solutions.”
“Palantir was built to solve the world’s most difficult problems
with truly best-in-class, cutting-edge technology. We believe being
named a Leader in this Forrester Wave evaluation validates our
investments over the years in artificial intelligence and machine
learning and underscores the added value we can deliver to
customers,” said Palantir COO Shyam Sankar.
"We've had the privilege of working in the most demanding
operational contexts with our customers, deploying software that
connects the power of AI/ML with frontline operations,” said Akshay
Krishnaswamy, Palantir’s Chief Architect. "We will continue to
strengthen our products to meet rapidly expanding needs – whether
centralized, federated, or at the edge – across key
industries."
Palantir Foundry is designed to transform the way organizations
operate by creating a central operating system for their data,
integrating siloed data sources into a common analytics and
operations picture. Palantir’s software is currently deployed in
more than 50 industries and powers decisions in some of the most
complex data environments in the world, including government,
manufacturing, and health sciences.
To view the full report and see how Palantir compared to the
other top AI/ML platforms, visit
https://www.palantir.com/forrester-wave-2022.
About Palantir Technologies Inc.
Foundational software of tomorrow. Delivered today. Additional
information is available at https://www.palantir.com.
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 expected benefits of our
software platforms and customer assessments. 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/20220714005219/en/
Lisa Gordon media@palantir.com
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