Palantir Announces Global Enterprise Deal with Stellantis
May 25 2022 - 1:00AM
Business Wire
Palantir Technologies Inc. (NYSE: PLTR, “Palantir”) today
announced a partnership with one of the world’s leading automakers
and mobility providers Stellantis N.V. Stellantis will deploy
Palantir’s Foundry operating system across the company’s brands,
business functions and plant locations to accelerate its digital
transformation into a sustainable mobility tech company, improve
supply chain performance, enhance vehicle quality, speed deliveries
and scale marketing and sales efforts.
This agreement will expand Palantir’s previous relationships
with Stellantis’ founding companies to a global, enterprise-wide
license across the company’s vast ecosystem and 14 iconic
automotive brands, with Palantir Foundry powering decisions across
markets and functions at what became in 2021 a world leader for a
new era of sustainable mobility.
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 operating picture.
Beyond scaling best practices across the merged group, Stellantis
will leverage Foundry to build a unified digital twin of its
operations and accelerate company-wide synergies.
Foundry will also be used across a variety of functions designed
to help improve quality, ensure continued delivery and service in
today’s supply-driven world, and contribute to improve margins. For
example, the ability to analyze billions of connected vehicle data
points through Foundry will give Stellantis the tooling to foresee
quality issues and leverage intelligence about the state of
vehicles for research and development.
Foundry will also help increase Stellantis’ insight into parts
availability and shift its tooling to meet the needs of customers
in a supply-driven world. It will also help deliver key sales and
marketing insights, leading to a better understanding of
profitability drivers and customer trends.
“We are grateful for the confidence of Stellantis that led to
the expansion of our collaboration across their enterprise,” said
Palantir executive Josh Harris. “In today’s data-driven world, the
Foundry operating system is uniquely positioned to offer insight
into critical operational and manufacturing functions.”
Palantir’s software is currently deployed in over 50 industries
and powers data-driven decisions across a diverse set of use cases
in some of the most complex data environments in the world,
including in manufacturing and to solve critical supply chain
issues.
About Palantir Technologies Inc.
Foundational software of tomorrow. Delivered today. Additional
information is available at https://www.palantir.com.
Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) is
one of the world's leading automakers and a mobility provider. Its
storied and iconic brands embody the passion of their visionary
founders and today’s customers in their innovative products and
services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge,
DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram,
Vauxhall, Free2move and Leasys. Powered by our diversity, we lead
the way the world moves – aspiring to become the greatest
sustainable mobility tech company, not the biggest, while creating
added value for all stakeholders as well as the communities in
which it operates. For more information, visit
www.stellantis.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220524006162/en/
Media Contact Lisa Gordon media@palantir.com
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