Jul 13, 2020

Palantir: the rise of the data and analytics unicorn

Data
Big Data
Analytics
government
William Smith
2 min
Palantir Technologies, the Silicon Valley data unicorn, has risen steadily since its 2004 foundation
Palantir Technologies, the Silicon Valley data unicorn, has risen steadily since its 2004 foundation...

Palantir Technologies, the Silicon Valley data unicorn, has risen steadily since its 2004 foundation.

With its name inspired by the seeing stones from Lord of the Rings, the company projects a certain aura, describing its mission as being the augmentation rather than the replacement of human intelligence

Palantir’s primary offerings are its Gotham and Foundry platforms, which are able to demonstrate the linkages between and provenance of data points, as well as track changes over time via the concept of versioning. Describing what it does as ‘data-logic’, the digital transformation of data it provides has applications in fields as diverse as law enforcement, insurance, manufacturing and defence. Customers include the likes of Airbus, BP and the US Army.

The company has, to date, raised $2.6bn across 26 funding rounds, firmly establishing it as a tech unicorn. Recently, alongside its Japanese subsidiary, it joined with Fujitsu on a technology partnership. Said Koichi Narasaki, CEO of the company: “Our role of promoting digital transformation through Palantir software platforms has become even greater through the global COVID-19 pandemic, and it is with pleasure that we welcome Fujitsu as our Flagship Technology Partner in this critical time. 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.”

Perhaps curiously for a data company, and considering the company it keeps, Palantir also claims to be dedicated to privacy and civil liberties. That’s certainly an interest of Chairman and co-founder Peter Thiel, who made his fortune as a co-founder of PayPal. One of libertarian Thiel’s initiatives involves offering young people $100,000 to drop out of university.

Recently, the private firm signalled its intentions to go public with an IPO, though further details were not forthcoming. 

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May 7, 2021

KX and Microsoft partner to scale up real-time analytics

Analytics
Tilly Kenyon
2 min
KX and Microsoft partner to work together in helping companies scale up their real-time analytics and decision making proficiency
KX and Microsoft partner to work together in helping companies scale up their real-time analytics and decision making proficiency...

KX, a data analysis software developer and vendor, announced it has become a Microsoft Partner. The two companies are working together to build a long-term technical and go-to-market roadmap to enable companies to rapidly scale up their real-time analytics and decision-making capabilities.

This announcement has followed the launch of KX Insights, which is a cloud-first platform for streaming analytics that fully leverages the benefits of cloud architecture natively to deliver fast, scalable real-time data insights via the Microsoft Azure Marketplace.

“KX Insights takes full advantage of the Microsoft Azure platform to deliver the optimal performance while maintaining interoperability with existing processes and data,” says Gerry Buggy, Chief Strategy Officer at KX.

“Together with Microsoft, we are offering a streaming analytics solution that is fast, secure, and flexible. It’s a game-changer for firms looking to drive operational and commercial performance through real-time analytics.”

KX Insights has been built to leverage vast amounts of real-time data in a scalable and easy-to-use manner. It has been benchmarked as the fastest in the industry according to independent STAC benchmarks. The platform also operates on Amazon AWS and Google Cloud, plus on all public and private clouds and on-premises too where required. 

Moving to the cloud 

Cloud computing is all about moving the essential systems and resources of your business to a remote server, and the COVID-19 pandemic has accelerated the move for many businesses. 

The recent 2021 Flexera State of the Cloud Report found that 92% of respondents reported having a multi-cloud strategy. 82% are taking a hybrid approach, combining the use of both public and private clouds. More than half of respondents use the cloud heavily and have reached the advanced cloud maturity level. 21% of organisations are at the intermediate maturity level, and 19% are beginners.

The report showed that many of the advantages delivered by the cloud have proven to be especially valuable as organisations adapted over the past year to meet the rapidly evolving needs of businesses.

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