Palantir has been recognized as a leader in artificial intelligence and machine learning platforms.
Takeaway Points
- Palantir has been recognized as a leader in artificial intelligence and machine learning platforms.
- Palantir was among the select companies that Forrester invited to participate in “The Forrester Wave™: AI/ML Platforms, Q3 2024” report.
- On Aug 23, 2024, Palantir said that Sompo, a subsidiary of the company responsible for the insurance and reinsurance operations of Sompo Holdings Group outside of Japan, has formed a partnership with its company.
Palantir Named a Leader in AI/ML Platforms
Palantir Technologies Inc., a leading provider of AI software platforms, said on Thursday that 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, and was cited as a leader in this research, with the highest ranking for Current Offering, the company said.
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.”
Akshay Krishnaswamy, Palantir’s Chief Architect, said, “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. 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.”
From public health to battery production, organizations depend on Palantir to safely, securely, and effectively leverage AI in their enterprises — and drive operational results, Palantir said.
Sompo Enhances Digital Transformation with Palantir’s AI Solutions
On Aug 23, 2024, Palantir said that Sompo, a subsidiary of the company responsible for the insurance and reinsurance operations of Sompo Holdings Group outside of Japan, has formed a partnership with its company. This initiative plans to invest over the next three years in a data integration and AI solution to drive digital transformation at the insurer, which is among the top five in the Corporate and Agribusiness insurance segment in Brazil.
Rodrigo Caramez, Sompo’s Chief Strategy Officer, said: “Historically, the search for efficiency involved automating simple, repetitive, and high-volume processes. This still applies, but with the new technological frontier applied to the use of data and AI, and the availability of simpler tools with natural language, we can expand this search for efficiency to the organization’s highly specialized core processes. The challenge now is to ensure that the team is involved and prepared for this new moment.”
Tiago Fetter dos Santos, Head of Financial Services & Government in Brazil for Palantir Technologies, said: “We are proud to partner with Sompo on their Data Analytics and AI journey and support their digital transformation to optimize critical processes for the benefit of the business and its customers. The impressive results that we are already delivering together underline our conviction that the company’s bold vision, combined with the adoption of Palantir’s software, will give them a technology-driven competitive advantage in the Brazilian market.”
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