What companies are similar to Palantir?

Palantir’s competitors Palantir’s top competitors include Cognizant, Splunk, Tableau Software, Verint, Tyler Technologies and Mu Sigma. Palantir is a provider of software applications for integrating, visualizing and analyzing information.

What is Palantir technology?

It performs a deep search of all criminal, financial, medical, communication, and clandestine agency records on the target. The company’s tech helped locate Osama bin Laden in 2011 and is being used to trace COVID-19 infections, track medical supply chains, and even predict outbreaks in pandemic hot zones.

Is Palantir a spy-tech company?

But Open Democracy, which labels Palantir a “spy-tech” company, is critical of the extension of that short-term contract in December. It will now run for two years, and cost £23.5m. The initial deal “was a short-term, emergency response to the pandemic.

What is the Palantir controversy all about?

Palantir has also been beset by the widespread perception that its work has given it too much control over deeply sensitive personal data, for example when it was given an assignment earlier this year to collate health data in the UK in the fight against Covid-19.

Can Palantir convince Wall Street of its business model?

Aside from its controversies, Palantir now also has to persuade Wall Street of the merits of its business model. As recently as 2018, it registered an after-tax loss equal to its entire revenue for the year. Much of that reflects the high cost of the engineers needed to customise its software to work on each assignment.

What is Palantir’s audit trail?

According to Mr Hoofnagle, audit trails and other privacy controls built into Palantir’s technology make it possible to see who has had access to information in its systems and what it has been used for, putting it streets ahead of the tools of other technology companies.