", Learn more about the partnership by visiting: https://www.ibm.com/products/palantir-cloud-pak-for-data. DENVER, April 17, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) announced today that results for its first quarter ended March 31, 2023 will be released on . All rights reserved. In 2004, the internet entrepreneur founded a data-analytics company called Palantir Technologies (after the seeing stones used in The Lord of the Rings), which has been backed by the venture capital arm of the CIA. Palantir: Between Macro Tightening And New Deals, Stock Looks Strong In 2023 Seeking Alpha 14:07 28-Mar-23. Since its founding in 1668, scientific exploration and responsible entrepreneurship have been key to the company's technological and scientific advances. There should be a proper debate about the use of this data so people can make an informed choice.. With Palantir's extensive track record in solving complex challenges and our own robust customer base and wide-ranging industry expertise, we will offer solutions that embody Fujitsu's purpose-driven mission and endeavor together to deliver new value to our customers in Japan.". Palantir Continues Vital NHS Work With $31.5M Contract December 23, 2020 06:32 AM Eastern Standard Time DENVER-- ( BUSINESS WIRE )--Palantir Technologies UK (NYSE: PLTR) has signed a new. "It doesn't look great, but all the big suppliers to government do it," said Peter Smith, former president of the Chartered Institute of Procurement and Supply and author of Bad Buying, a book about public money wasted through poor purchasing. If you'd like to get in contact, please @ me on twitter here or email me at [email protected]. Under the Palantir deal, personal information processed in the NHS Data Store is "pseudonymised, anonymised or aggregated" to help protect people's privacy. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. The partnership will help solve such challenges by creating a platform to analyze previously siloed data in a holistic way. All Merck KGaA, Darmstadt, Germany, press releases are distributed by e-mail at the same time they become available on the EMD Group Website. Financial Market Data powered by QuoteMedia. Q2 2021 Highlights Total revenue grew 49% year-over-year to $376 million US commercial revenue grew 90% year-over-year Closed 62 deals of $1 million or more, of which: 30 deals are $5 million or more "Advance registration for Apollo Demo Day is required, and is available at https://www.palantir.events/apollo-demo-day. ", NHS uses tech giants to plan coronavirus response, Brother died saving birthday girl's life in US shooting, 'Someone must know': Questions remain in Dadeville, Putin visits occupied Kherson region in Ukraine, Realities dash hopes for Israel-Palestinian peace, Fighting hits Khartoum neighbourhoods - maps and images, How LinkedIn is changing and why some are not happy, Who didn't make the coronation guest list? Benzinga does not provide investment advice. Delivered today. While its efforts to make inroads in the corporate world were rocky initially, Palantir's commercial business has grown. Delivered today. This month, liberal US politicians, including Rep Alexandria Ocasio-Cortez, asked financial regulators to investigate the firm, saying the information it had provided to investors lacked transparency on key areas of risk, including data protection and work with foreign governments. Palantir Japan aims to promote our cutting-edge technology by cooperating with partners like Fujitsu to accelerate digital transformation for the most important institutions and in Japanese society as a whole.. 0 0 . Delivered today. His team also warned in a recent note that the controversies could hurt the firm's efforts to win private-sector clients. 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. May 8th, After the bell. We look forward to launching these joint solutions with our federal partners.". PFCS FedRAMP authorization on Microsoft Azure can enable expedited agency authorizations to operate (ATOs), this solution is adequate for use in an agency authorization to operate cloud computing products and services. Information provided in this press release is accurate at time of publication and is subject to change without advance notice. In the first half of 2020, Palantir revenue rose 49% year-on-year, topping $480m (373m). In recent months it has poached two top executives from the NHS, including the former head of artificial intelligence, and it is angling to get a five-year, 360m contract to manage the personal health data of millions of patients. In case you are a resident of the USA or Canada please go to www.emdgroup.com/subscribe to register for your online subscription of this service as our geo-targeting requires new links in the email. Read our press releases for the latest customer and financial announcements. 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. Green metals royalty company: the perfect junior mining investment? After all, the newsletter they have run for over a decade, . Once Palantir is in, how are you going to remove them? one source with knowledge of the matter told the FT. How worried should we be about all this? Palantir: 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. For more information, please see www.fujitsu.com. Read about our approach to external linking. The firm's finances have also improved in recent years, amid pressure from early backers to list shares publicly and allow them to cash out. Thanks for reading the article. Regarding the awarding of the actual contract, Mr Smith said Palantir was on a list of pre-approved government suppliers, which "gives it some credibility and legitimacy". Through the partnership "Syntropy"both companies are determined to unleash the power of biomedical data and revolutionize cancer therapy and accelerate research. Palantir Japan was co-founded by Palantir Technologies Inc. and Sompo Holdings Inc. Palantir Japan unites Sompos mission of creating a theme park for security, health, and wellbeing with Palantirs mission of providing global institutions with a modern operating system that enhances security, privacy, and civil liberties. If you would like to submit a letter of up to 300 words to be considered for publication, email it to us at [email protected], Original reporting and incisive analysis, direct from the Guardian every morning. Exchanges between the NHS and Palantir took place over the next few months, leading to the first contract at the outset of the pandemic, the Bureau said. The number of customers generating more than $1 million in annual revenue grew 32% year-over-year. Palantir is making this event semi-exclusive, which is why they are requiring people to apply to come to the event - likely to prospect leads to close more deals vs. having it be openly public. "We have chosen sides, and we know that our partners value our commitment.". 3 min read DENVER, July 28, 2022 -- ( BUSINESS WIRE )--Palantir Technologies Inc. (NYSE: PLTR) today announced that it will expand its work with the U.S. Army Research. Cookies are used to offer you a better browsing experience and to analyze our traffic. Suppliers will benefit from internal efficiency gains through smart data integration and can be a better partner for the fabs they serve. Fujitsus experience working with all branches of the Japanese government and commercial institutions will provide the partners with an added layer of regional expertise. This authorization milestone is representative of Palantir's ongoing commitment to servicing federal customers on Azure. Im not being deliberately mean-spirited, just stating the indisputable fact that the tech entrepreneur, a co-founder of PayPal, doesnt exactly give off feel-good vibes. Stockhouse membership requires an email address which must be shared by Facebook. "With the successful completion of FedRAMP and IL4 and IL5 accreditation on Microsoft Azure Commercial and Azure Government, Palantir and Microsoft are prepared to bring best in breed solutions to the federal government," said Akash Jain, President, Palantir USG. The launch of the legal case coincides with the release of details about Palantir's lobbying of the UK government by the Bureau of Investigative Journalism in partnership with Sky News. Around 58,000 employees work to make a positive difference to millions of people's lives every day by creating more joyful and sustainable ways to live. Merck KGaA, Darmstadt, Germany, and Palantir have already proven to be successful in using collaborative data analytics to help common customers minimize quality deviations and increase efficiencies. "Our company was founded in Silicon Valley. Information about potential future products may not be incorporated into any contract. "Our clients deliver products and services while operating in some of the most complex, fast-changing industries of the world," said Rob Thomas, Senior Vice President, Cloud and Data Platform, IBM. Ministers have disclosed in parliamentary answers that the patient information project does not require a public consultation before the five-year contract is tendered or additional patient consent. It now accounts for 53% of revenue and includes customers such as French plane maker Airbus and energy giant BP. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://www.ibm.com/products/palantir-cloud-pak-for-data, From Roadblock to Scale: The Global Sprint Towards AI, IBM to Announce First-Quarter 2023 Financial Results, IBM Furthers Flexibility, Sustainability and Security within the Data Center with New IBM z16 and LinuxONE 4 Single Frame and Rack Mount Options. However, some have questioned whether these measures go far enough. When typing in this field, a list of search results will appear and be automatically updated as you type. The NHS has failed to win public trust in previous schemes to use sensitive patient data. For Q1, Palantir announced adjusted EPS of $0.02, . 10 stocks we like better than Palantir Technologies When our analyst team has a stock tip, it can pay to listen. Maintaining public confidence in how the NHS handles their personal information is paramount. 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. "The government shouldn't use the pandemic as an excuse to embed major tech firms like Palantir in the NHS without consulting the public," said director Cori Crider. That reflects both the work it does for European clients including BP, Airbus and Ferrari - but also its UK government contracts, which predate the coronavirus pandemic by several years. Laura Matz, Chief Science and Technology Officer of Merck KGaA, Darmstadt, Germany,will lead the partnership as CEO of Athinia. DENVER, April 17, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) announced today that results for its first quarter ended March 31, 2023 will be released on Monday, May 8, 2023, following the close of U.S. markets.Palantir will host a webcast to discuss its results at 3:00 PM MT / 5:00 PM ET. Today's announcement represents an inflection point in our partnership that will benefit our public sector stakeholders. The spokesperson said: Data platforms are already being used by NHS trusts to reduce cancer waiting times, speed up diagnosis, treat and get people home quicker. from 8 AM - 9 PM ET. Please go to the link in the email message to retrieve your password. We also use them to share usage information with our partners. We will not release or resell your information to third parties without your permission. Co-founded by Sompo Holdings Inc. and Palantir Technologies Inc., Palantir Japan enables the digital transformation of Japanese government and commercial institutions by providing the Palantir Gotham and Palantir Foundry platforms and enabling the security of real operational data. Athinia will bring semiconductor manufacturers and materials suppliers together to share, aggregate, and analyze data to unlock efficiencies. 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. Capacity is limited, and registration will close 24 hours prior to the event. Palantir has often been a frequent target of scrutiny by privacy campaigners. As one Bloomberg headline put it: Palantir knows everything about you.. Palantir, founded by Silicon Valley billionaire and close Trump ally Peter Thiel, is a data-mining firm best known for supporting the CIA's counterinsurgency and intelligence operations in Iraq. A live webcast and replay will be available at investors.palantir.com, and participants can pre-register here. February 17, 2022 by Palantir Media DENVER-- ( BUSINESS WIRE )-- Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the fourth quarter and fiscal year ended December 31, 2021. Palantir for IBM Cloud Pak for Data is planned to help with rapid data integration, cleansing, de-duplication, and mapping to a common data model (or "ontology") that can be quickly extended to additional use cases such as customer service, marketing, compliance, and crisis management. Adjusted EPS of $ 0.02, such as French plane maker Airbus and energy giant BP will lead partnership. 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