Palantir Named an Overall Leader in Dresner Wisdom of Crowds® BI Market Study

Rhea-AI Summary

Palantir Technologies Inc. (NYSE: PLTR) has been recognized as a top performer in the 2022 Dresner Wisdom of Crowds® Business Intelligence Market Study. Rated highly by customers, Palantir emerged as a leader in Customer Experience and Vendor Credibility, achieving a perfect recommend score. The company's software, Palantir Foundry, integrates data sources across various industries, enhancing organizational operations. This recognition highlights Palantir's commitment to meeting customer needs and demonstrates its software's effectiveness in complex data environments.

Positive

• Achieved a perfect recommend score from customers.
• Recognized as a leader in Customer Experience and Vendor Credibility.
• Best in class for product scalability and consulting professionalism.

Negative

• None.

DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR, “Palantir”), a leading builder of operating systems for the modern enterprise, today announced it had been recognized as a top performer by Dresner Advisory Services and Palantir’s own customers in the 2022 Dresner Wisdom of Crowds® Business Intelligence Market Study.

“In its first year of coverage, Palantir is generally above the overall sample for all categories of measurement, and is an overall leader in both Customer Experience and Vendor Credibility models,” said Howard Dresner, founder and chief research officer at Dresner Advisory. “In addition, it is best in class for product scalability and consulting professionalism and has a perfect recommend score. We congratulate Palantir on their excellent performance in our annual analytics and BI Market assessment.”

The report provides a comprehensive, real-world perspective on the market, including analyses of adoption and deployment, data leadership, organization budgets, data literacy, drivers of success, objectives and achievements, software penetration, and technology/initiative priorities, as well as industry analyses.

Dresner Advisory Services and this data-driven study are unique in that they survey and report on end users’ assessments. In this instance, Palantir customers from the US and EMEA across industries, including financials, utilities, logistics, government, and more, completed Dresner’s end user-only survey. All of them ranked Palantir with a “perfect 5” recommend score.

“We have always built software we thought had to exist for the world that was coming. This rating is particularly meaningful since it is based on the voice of our customers and their frontline users,” said Palantir COO Shyam Sankar.

Palantir Foundry is designed to transform the way organizations operate by creating a central operating system for their data, integrating siloed data sources into a common analytics and operations picture. Palantir’s software is currently deployed in more than 50 industries and powers decisions in some of the most complex data environments in the world, including government, manufacturing, and health sciences.

To view the full report and see how Palantir compared to its peers, visit https://www.palantir.com/dresner-wisdom-of-crowds-2022/.

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 expected benefits of our software platforms and customer assessments. 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 customers; the failure of our platforms to satisfy our customers or perform as desired; the frequency or severity of any software and implementation errors; our platforms’ reliability; and our customers’ ability to modify or terminate their contracts. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220607005279/en/

Lisa Gordon

media@palantir.com

Source: Palantir Technologies Inc.

FAQ

What recognition did Palantir receive in 2022?

Palantir was recognized as a top performer in the 2022 Dresner Wisdom of Crowds® Business Intelligence Market Study.

How did Palantir perform in the Dresner Advisory assessment?

Palantir scored above the overall sample and was recognized as a leader in Customer Experience and Vendor Credibility.

What is the customer recommend score for Palantir?

Palantir achieved a perfect recommend score of 5 from its customers.

What is Palantir Foundry designed for?

Palantir Foundry is designed to integrate siloed data sources into a common analytics and operations framework.

In how many industries is Palantir's software deployed?

Palantir's software is currently deployed in more than 50 industries.