WesTrac and Palantir Renew Australian Partnership for Five Years
- WesTrac will leverage Palantir Foundry to drive greater overall efficiency and customer delivery.
- Foundry is being used to increase throughput of WesTrac's Component Rebuild Centre and will be expanded to the Company's Tomago facility.
- Foundry is used daily to improve task scheduling decisions, manage part constraints, and increase labor efficiency.
- Foundry will be leveraged by WesTrac's Inventory Management teams to identify deficits in available inventory and make proactive ordering decisions.
- WesTrac anticipates the expansion of their partnership with Palantir to enhance ROI and enable more data-driven decisions.
- WesTrac plans to explore AI solutions leveraging Palantir's new Artificial Intelligence Platform to better connect sales to operations.
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WesTrac will continue to leverage Palantir Foundry and deploy across entire operations
Palantir's Foundry operating system is being used to help increase throughput of WesTrac's Component Rebuild Centre at its headquarters in
"In the current technology-rich era, WesTrac has a strong focus on incorporating enhanced data-driven decisions across our business as we look to drive our own digital transformation and improve delivery of Cat® products in
"This expansion represents a significant commitment to our partnership with WesTrac. Foundry now serves as the Digital Twin for WesTrac's core operations, delivering tangible business benefits," said Ashwin Rajan, Head of Commercial for
In addition to Foundry, WesTrac plans to explore AI solutions leveraging a suite of software including Palantir's new Artificial Intelligence Platform (AIP). AIP can allow WesTrac to better connect sales to operations, by enabling sales functions to ask questions of workshop operations, to inform sales strategy and improve the accuracy of information provided to customers.
About Palantir Technologies Inc.
Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com.
About WesTrac
As one of the largest authorised Cat equipment dealers in the world, WesTrac provides customers with a wide range of machinery and construction equipment as well as comprehensive whole-of-life management solutions designed to make owning and operating equipment as easy, profitable and safe as possible. With more than 4,000 team members, WesTrac is dedicated to creating and delivering outstanding value for our team, customers, shareholders and the community. We are committed to excellence and are focused on long-term customer relationships and a dedication to customer service, safety, quality and the environment. Community involvement is an important part of the WesTrac philosophy, and we are proud to support local activities, events and charities in the regions in which we are based. As part of Seven Group Holdings Ltd, WesTrac also has strong alliances with other leading Australian businesses, including Seven West Media, Coates and SITECH.
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.
Media Contact
Lisa Gordon
media@palantir.com
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SOURCE PALANTIR TECHNOLOGIES INC.
FAQ
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