Many don't understand the importance of Palantir, specially witch such young and unstoppable sector such as the revolutionary AI craze that has branched out and all continue to do so, specially when it comes to weapons and what such a great company that has no competition such as Palantir that offers many of its clients defense
Palantir's customers include:
- Government agenciesThe US Department of Defense, US Air Force, US Department of Homeland Security, and the National Geospatial-Intelligence Agency
- Large businessesAmazon Services, AT&T, United Airlines, CVS Health, BP, Stellantis USA, Rio Tinto, and General Mills
- Other companiesMorgan Stanley, Merck KGaA, Airbus, Wejo, Lilium, PG&E, Fiat Chrysler Automobiles, Origin Energy, and Aramark
Palantir's software is used for data integration and analysis, and for continuous integration/continuous delivery (CI/CD). The company's relationship with the CIA began when it sold its software to help detect roadside bombs in the wars in Iraq and Afghanistan. Palantir also developed a commercial branch to sell its software to other large businesses.
The global big data analytics market size was valued at USD 307.51 billion in 2023. The market is projected to grow from USD 348.21 billion in 2024 to USD 924.39 billion by 2032, exhibiting a CAGR of 13.0% during the forecast period. The U.S. Big Data Analytics Market is anticipated to grow significantly, reaching an estimated value of USD 248.89 billion by 2032, driven by Increasing Adoption of Databases across Industries.
Source: https://www.fortunebusinessinsights.com/big-data-analytics-market-106179
One thing is for sure, with this sector growing Palantir could eventually become the leader in Big Data Analytics specially for Government agencies and Businesess
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