Palantir Named a Leader in AI/ML Platforms
29 August 2024 - 12:59PM
Business Wire
Palantir Technologies Inc. (NYSE: PLTR), a leading provider of
AI software platforms, today announced it had been recognized as a
Leader in artificial intelligence and machine learning (AI/ML)
software platforms by renowned research and advisory firm
Forrester.
Palantir was among the select companies that Forrester invited
to participate in “The Forrester Wave™: AI/ML Platforms, Q3 2024”
report. Palantir was cited as a Leader in this research, with the
highest ranking for Current Offering.
As stated in the report: “Palantir has one of the strongest
offerings in the AI/ML space with a vision and roadmap to create a
platform that brings together humans and machines in a joint
decision-making model. Its approach is to use its data pipelining
capabilities and differentiated ontology to support the basis of
its AI platform (AIP) offering… Palantir is quietly becoming one of
the largest players in this market, seeing a consistent sustained
growth rate in the past half decade by making its platform more
accessible to users, investing in customer success, and embracing
the support of multirole AI teams.”
“Palantir AIP powers the most demanding use-cases across the
public and private sector, and is uniquely designed to connect AI
directly into frontline operations,” said Akshay Krishnaswamy,
Palantir’s Chief Architect. “We believe that being named a Leader
in this Forrester Wave evaluation validates our investments across
model-agnostic Generative AI infrastructure, multimodal guardrails
for human-AI teaming, the decision-centric Ontology — and the full
range of other capabilities needed to take enterprises from AI
prototype to production.”
Palantir AIP provides the end-to-end architecture for enabling
real-time, AI-driven decision-making. Together with Palantir
Foundry and Palantir Apollo, AIP enables the “AI Mesh” architecture
that is setting the standard for enterprises seeking to deliver
composable, interoperable, and scalable value through AI. From
public health to battery production, organizations depend on
Palantir to safely, securely, and effectively leverage AI in their
enterprises — and drive operational results.
To view the full report and see how Palantir compared to the
other top AI/ML platforms, visit
https://www.palantir.com/forrester-wave-2024/.
About Palantir Technologies Inc.
Foundational software of tomorrow. Delivered today. Additional
information is available at https://www.palantir.com.
Forward-Looking Statements
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 amount and 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; our platforms’ reliability; and our
customer’s ability to modify or terminate the contract. 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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version on businesswire.com: https://www.businesswire.com/news/home/20240829978462/en/
Lisa Gordon media@palantir.com
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