DENVER, June 6, 2023
/PRNewswire/ -- Today, Palantir Technologies Inc. (NYSE: PLTR)
("Palantir"), a leading builder of operating systems for the modern
enterprise, announced the launch of Palantir Foundry for
Manufacturing on Amazon Web Services (AWS). This integrated
offering allows users to merge industrial data, decisions, and
operations to fully harness manufacturing data through its entire
lifecycle. Foundry brings data to life for manufacturing customers,
offering a single environment to drive optimization and
organizational change. This is done through the seamless
convergence of information technology and operational technology
(IT/OT), as well as operations data, the integration of traceable
data models, and closed-loop operational applications for
leadership, engineers, and operators alike.
Foundry for Manufacturing on AWS is a comprehensive solution
that helps manufacturers integrate and contextualize their data
assets and unlock powerful applications, such as yield
optimization, dynamic maintenance, production scheduling, and
computer vision quality detection. Integrations between Foundry and
AWS services such as AWS Lake Formation, Amazon
Redshift and Amazon Relational Database Service (Amazon
RDS) allow for additional flexibility.
Foundry for Manufacturing on AWS addresses the challenges
of fragmented data systems with high barriers to access data,
responding to the frequent value chain disruption, and widespread
talent and skills shortages. With this solution based on the AWS
Industrial Data Fabric offering, customers can take immediate steps
toward transforming manufacturing and industrial operations and
embracing a data-driven approach.
Foundry is quickly becoming the primary operating system at
Integrity Tool & Mold's largest plant in Windsor, Canada. The company engaged with Palantir
early on in its digital transformation journey and Integrity Tool
& Mold is on track to build a best-in-class digital command
center, connecting teams and data from across the organization to
improve manufacturing operations.
"We believe that with the combination of our people, our vision
and now with the Foundry platform, we can revolutionize the custom
manufacturing industry," said Kevin
Booker, Director of Operations at Integrity Tool & Mold.
"We are now connecting to data points that we previously could not
access, and injecting them back into our system in order to improve
operational efficiency and quality."
Panasonic Energy Co., Ltd., a Panasonic Group Company recently
deployed Foundry on AWS at its Panasonic Energy of North America facility in Sparks, Nevada. Foundry on AWS now serves as
the foundation of Panasonic Energy of North America's Smart Factory ecosystem,
deploying technology across the stack from Edge AI to SDKs. The
SDKs allow enterprises to leverage the Foundry Ontology and ML
capabilities in external applications across the business.
Jacobs, one of the world's largest engineering and
technical services companies, developed a process optimization and
dynamic maintenance solution suite in Palantir Foundry that
connects predictive AI modeling with day-to-day site operations to
improve energy and chemical usage across plant sites. In 6 months,
Jacobs achieved a 20% annual reduction in plant-wide energy
utilization at the pilot site location, and the company is now
scaling to multiple plant locations.
"We're excited to deliver our cutting-edge manufacturing
solution on Foundry through our dynamic relationship with AWS,"
said Gabby Rojas, Head of Manufacturing at Palantir. "In an era of
increasing demands on the manufacturing sector and historic
staffing shortages, it's more important than ever to help
manufacturing clients unlock the power of their sensor data and AI
to optimize operations."
"At AWS, we're inspired by what's possible when organizations
have complete, unfettered access to their data and are able to
transform operations, processes, and even entire industries by
scaling to the cloud," said Wendy
Bauer, General Manager, Automotive & Manufacturing at
AWS. "We are excited to see the impact on customers as they use
Foundry for Manufacturing on AWS, underscoring the importance of
solutions available in AWS Marketplace and via the Industrial Data
For more information, or to try Foundry for Manufacturing on
About Palantir Technologies Inc.
Foundational software of tomorrow. Delivered today. Additional
information is available at https://www.palantir.com.
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 of the contract and the
expected benefits of our software platforms. 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 customer; the failure of
our platforms to satisfy our customer or perform as desired; the
frequency or severity of any software and implementation errors;
and the reliability of our platforms or related third-party
services and platforms. 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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SOURCE PALANTIR TECHNOLOGIES INC.