Latest news with #PalantirFoundry
Yahoo
30-06-2025
- Business
- Yahoo
Palantir and Accenture Federal Services Join Forces to Help Federal Government Agencies Reinvent Operations with AI
DENVER & ARLINGTON, Va., June 30, 2025--(BUSINESS WIRE)--Palantir (NASDAQ: PLTR), a leading provider of AI systems, and Accenture Federal Services, a leading U.S. federal technology company and subsidiary of Accenture LLP (NYSE: ACN), today announced a landmark strategic partnership, naming Accenture Federal as a Palantir preferred implementation partner for U.S. federal government customers. Together, the companies will deploy commercial-grade, AI-powered solutions to address federal agencies' highest priority operational challenges, from optimizing and orchestrating mission-critical workflows to enhancing decision-making and increasing operational resilience. As part of the collaboration, Accenture Federal Services and Palantir will partner to train and certify Accenture Federal's Data & AI team of 1,000 professionals on Palantir Foundry and Artificial Intelligence Platform (AIP) to establish a premier joint delivery capability of cutting-edge automation for the federal government. "Accenture Federal is a natural Palantir partner," said Dr. Alex Karp, co-founder and CEO of Palantir Technologies. "Accenture and Palantir are both committed to creating value for America by delivering product-driven outcomes." "What makes this partnership so uniquely powerful is Accenture's expertise working with the federal government and our ability to bring commercial capabilities to government solutions, combined with Palantir's deep experience in government software," said Julie Sweet, chair and CEO of Accenture. "Together, we will harness the ever-growing power of AI to help the federal government succeed in its critical mission to modernize and reinvent its operations—with stronger data flows, transparency and resilience—to better serve warfighters, citizens and all its stakeholders." The two companies will initially focus on the co-development of three key offerings: Enterprise-to-Edge Data Fusion. Using Palantir's ontology and AI platform to accelerate modernization of enterprise business systems to push critical data from the enterprise to the tactical edge. Predictive Supply Chain Orchestration. Combining Accenture's federal and commercial logistics expertise with Palantir AI to help government agencies deliver optimized, autonomous and resilient supply chain workflows. Operationalize Financial Intelligence. Providing a 360-degree view of agency budgets and expenditures across numerous systems to enhance fiscal transparency and accountability. "The world is getting more dangerous, and we need to provide America's warfighters with cutting-edge AI computing and solutions in order to enhance deterrence," said Mike Galagher, head of Defense for Palantir Technologies. "This partnership will empower those warfighters with information and analytics, allowing them to fight smarter." "This is a game changer for both companies, but more importantly, it's a game changer for our federal customers," said Ron Ash, CEO of Accenture Federal Services. "We're investing in building a scalable capability with Palantir that will deliver AI-enabled decision-making capabilities directly into the fabric of government agencies so leaders can act decisively and deliver greater results faster." About Palantir Technologies Inc. Foundational software of tomorrow. Delivered today. Additional information is available at About Accenture Federal Services Accenture Federal Services is a US subsidiary of Accenture LLP that government agencies choose to partner with to drive impactful change. Our 15,000 people are committed to powering reinvention for the federal government with the same commercial technology, competitive drive and technical edge that is transforming global industry—ensuring that federal enterprises can be as modern, fast, and efficient as the country it serves. See how we reinvent at About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at 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 Palantir's control. These risks and uncertainties include the ability to meet the unique needs of customers; the failure of Palantir's platforms to satisfy customers or perform as desired; the frequency or severity of any software and implementation errors; Palantir's platforms' reliability; and customers' ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings Palantir makes with the Securities and Exchange Commission from time to time. Except as required by law, Palantir does 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 Contacts Lisa GordonPalantirmedia@ Deirdre BlackwoodAccenture Federal Servicesmedia@ Sign in to access your portfolio
Business Wire
30-06-2025
- Business
- Business Wire
Palantir and Accenture Federal Services Join Forces to Help Federal Government Agencies Reinvent Operations with AI
DENVER & ARLINGTON, Va.--(BUSINESS WIRE)--Palantir (NASDAQ: PLTR), a leading provider of AI systems, and Accenture Federal Services, a leading U.S. federal technology company and subsidiary of Accenture LLP (NYSE: ACN), today announced a landmark strategic partnership, naming Accenture Federal as a Palantir preferred implementation partner for U.S. federal government customers. Together, the companies will deploy commercial-grade, AI-powered solutions to address federal agencies' highest priority operational challenges, from optimizing and orchestrating mission-critical workflows to enhancing decision-making and increasing operational resilience. As part of the collaboration, Accenture Federal Services and Palantir will partner to train and certify Accenture Federal's Data & AI team of 1,000 professionals on Palantir Foundry and Artificial Intelligence Platform (AIP) to establish a premier joint delivery capability of cutting-edge automation for the federal government. 'Accenture Federal is a natural Palantir partner,' said Dr. Alex Karp, co-founder and CEO of Palantir Technologies. 'Accenture and Palantir are both committed to creating value for America by delivering product-driven outcomes.' "What makes this partnership so uniquely powerful is Accenture's expertise working with the federal government and our ability to bring commercial capabilities to government solutions, combined with Palantir's deep experience in government software," said Julie Sweet, chair and CEO of Accenture. 'Together, we will harness the ever-growing power of AI to help the federal government succeed in its critical mission to modernize and reinvent its operations—with stronger data flows, transparency and resilience—to better serve warfighters, citizens and all its stakeholders.' The two companies will initially focus on the co-development of three key offerings: Enterprise-to-Edge Data Fusion. Using Palantir's ontology and AI platform to accelerate modernization of enterprise business systems to push critical data from the enterprise to the tactical edge. Predictive Supply Chain Orchestration. Combining Accenture's federal and commercial logistics expertise with Palantir AI to help government agencies deliver optimized, autonomous and resilient supply chain workflows. Operationalize Financial Intelligence. Providing a 360-degree view of agency budgets and expenditures across numerous systems to enhance fiscal transparency and accountability. 'The world is getting more dangerous, and we need to provide America's warfighters with cutting-edge AI computing and solutions in order to enhance deterrence,' said Mike Galagher, head of Defense for Palantir Technologies. 'This partnership will empower those warfighters with information and analytics, allowing them to fight smarter.' 'This is a game changer for both companies, but more importantly, it's a game changer for our federal customers,' said Ron Ash, CEO of Accenture Federal Services. 'We're investing in building a scalable capability with Palantir that will deliver AI-enabled decision-making capabilities directly into the fabric of government agencies so leaders can act decisively and deliver greater results faster.' About Palantir Technologies Inc. Foundational software of tomorrow. Delivered today. Additional information is available at About Accenture Federal Services Accenture Federal Services is a US subsidiary of Accenture LLP that government agencies choose to partner with to drive impactful change. Our 15,000 people are committed to powering reinvention for the federal government with the same commercial technology, competitive drive and technical edge that is transforming global industry—ensuring that federal enterprises can be as modern, fast, and efficient as the country it serves. See how we reinvent at About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at 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 Palantir's control. These risks and uncertainties include the ability to meet the unique needs of customers; the failure of Palantir's platforms to satisfy customers or perform as desired; the frequency or severity of any software and implementation errors; Palantir's platforms' reliability; and customers' ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings Palantir makes with the Securities and Exchange Commission from time to time. Except as required by law, Palantir does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.
Techday NZ
19-06-2025
- Business
- Techday NZ
Oracle launches defence ecosystem to boost security tech ties
Oracle has announced the Oracle Defense Ecosystem, a global initiative intended to transform the way that defence and government technology is delivered. The Oracle Defense Ecosystem is aimed at strengthening the national security infrastructure for the United States and its allies by enabling more efficient collaboration between technology innovators and government and defence organisations. The initiative seeks to remove longstanding barriers that have limited access to the latest cloud and artificial intelligence (AI) technologies within national security sectors. Access to technology National security organisations have often struggled to incorporate emerging technology due to complex procurement procedures, stringent qualification criteria, and the necessity for established networks within the Defence Industrial Base. Oracle's ecosystem is designed to address these issues by offering direct support and resources for defence tech providers. According to Oracle, its cloud infrastructure—Oracle Cloud Infrastructure (OCI)—forms the backbone of these efforts and is already recognised for meeting strict compliance requirements demanded by the defence and government sector. The initial set of organisations participating in the ecosystem includes Arqit, Entanglement, Fenix Group (now part of Nokia Federal Solutions), Koniku, Kraken, Mattermost, Metron, SensusQ, and Whitespace. "Nothing is more important than the national security of the U.S. and its allies, and Oracle has been a cornerstone of this mission for nearly 50 years," said Rand Waldron, Vice President, Oracle. "Oracle and our defense ecosystem plans to innovate and scale to help the U.S. and its allies deter conflicts and win on physical and digital battlefields." Membership benefits The Oracle Defense Ecosystem is designed to offer accelerated growth opportunities for organisations working within the defence and government technology sectors. Participating members are able to access a number of Oracle-facilitated resources and support services, across a wide spectrum of business and technical areas. Through Oracle Sales Support, member organisations can utilise the expertise of Oracle's sales team. This is intended to aid in crafting industry-specific messaging and tailored solutions that match the varied needs of global defence customers. Members are also encouraged to leverage technology and solutions developed within the ecosystem, offering them an expanded portfolio to address unique challenges. One of the cornerstone partnerships highlighted is with Palantir, offering access to Palantir Foundry and Artificial Intelligence Platform (AIP) on Oracle Cloud Infrastructure. This integration allows early-stage defence technology firms to deploy enterprise-grade software for operations, product development, natural language model integration, as well as security and governance requirements. Through direct listing on the Oracle Cloud Marketplace, members are able to make their solutions accessible to customers in all OCI regions, supported by a continuous integration and continuous deployment pipeline for delivering feature enhancements consistently across the globe. Streamlining compliance Defence and government organisations operate with rigorous security standards, and Oracle says the ecosystem is structured to help companies meet these swiftly. Through guidance from Oracle's executive advisors and specific solutions such as the OCI Core Landing Zone, members may accelerate their path to Cybersecurity Maturity Model Certification (CMMC) compliance, saving significant time on manual processes and cloud architecture setup. In addition, Oracle provides frameworks such as the Cloud Native Secure Cloud Computing Architecture (SCCA) Landing Zone, aimed at reducing time and costs associated with SCCA-compliant deployments and standardising security across systems portfolios. Members also have access to documentation and Oracle's expert guidance in these specialised areas. Business operations and support Participants in the Oracle Defense Ecosystem will receive access to business management tools with preferred pricing for Oracle NetSuite, its AI-based management suite, which is utilised by more than 42,000 organisations globally. This solution facilitates streamlined business operations and provides a scalable platform for future growth. Additionally, organisations within the initiative can benefit from access to secure office facilities used to support defence customers, as well as training and certification credits available via Oracle University for cloud infrastructure, applications, and databases. The introduction of the Oracle Defense Ecosystem marks an effort to lower technological and procedural barriers for defence and government tech innovators, while aligning them with cloud and AI tools and resources required to serve complex national security requirements.
Yahoo
09-06-2025
- Business
- Yahoo
TeleTracking and Palantir partner for operational decision-making in healthcare
TeleTracking Technologies has collaborated with Palantir Technologies to enhance operational decision-making in healthcare. This strategic partnership is set to offer long-term value to healthcare providers worldwide by integrating TeleTracking's Operations IQ platform with the analytics and Palantir's AI-driven operating system, Palantir Foundry and AIP. Combining the operational workflow expertise of TeleTracking with the decision intelligence capabilities of Palantir, the partnership will enable caregivers to integrate and analyse various data types. This includes clinical, operational, financial, workforce, and third-party information. The goal is to use predictive forecasting and demand modelling to manage capacity, staffing, and resources more efficiently. The partnership will facilitate transparency and almost instantaneous awareness of circumstances across different areas or systems, leading to the optimisation of crucial resources throughout the entire organisation. It will also enhance the movement of patients through operational command centres. The distinctive operational information provided by TeleTracking, together with the AI-native platform from Palantir, seeks to automate operational procedures, lessening the load on staff and caregivers while also enhancing patient care and financial results. Palantir CEO Alex Karp said: 'This partnership with TeleTracking represents the AI revolution in healthcare we are in the midst of, where we continue to move closer to a world where all hospitals and health systems are embracing, implementing, and operating with an AI-powered approach, helping to streamline operations allowing for increased focus on providing the best level of care.' Health systems, regardless of their sizes, benefit from improved operational coordination, multi-hospital system management, and strategic planning powered by data. The partnership is designed to tailor their response capability to changing patient requirements and help to achieve cost efficiency. Earlier this year, TeleTracking announced a five-year collaboration with European applied AI company Faculty. This partnership aims to bring AI-powered automation and predictive capabilities to health systems and hospitals. "TeleTracking and Palantir partner for operational decision-making in healthcare" was originally created and published by Hospital Management, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
05-06-2025
- Business
- Yahoo
Palantir (PLTR) Shares Are Up 80% Since This Congressman Bought Company Shares
Palantir Technologies Inc (NASDAQ:PLTR) shares are buzzing as more and more politicians pile into the stock and the company keeps getting governmental contracts. Congressman James Comer from Kentucky bought Palantir Technologies Inc (NASDAQ:PLTR) shares worth up to $15,000 on January 21 this year. The stock is up 80% since then. Comer is Chairman of the House Oversight Committee. A software engineer manipulating a vast network of code on virtual monitors. Palantir has so far defied conventional valuation metrics thanks to its momentum and strong growth. In Q1 2025, its US commercial revenue jumped 71% year over year, hitting a $1 billion annualized run rate, while total commercial contract value soared 183% to $810 million. Palantir posted a 44% adjusted operating margin and $370 million in free cash flow. The company secured 139 contracts over $1 million and 31 over $10 million, amid AI Platform (AIP) deployments seeing gains. U.S. government revenue, 42% of total sales, rose 45% year over year, and Palantir now supports 32 allied nations with its AI-based command platform. Alger Mid Cap Focus Fund stated the following regarding Palantir Technologies Inc. (NASDAQ:PLTR) in its Q1 2025 investor letter: Palantir Technologies Inc. (NASDAQ:PLTR) builds advanced platforms for data integration, management, and security, enabling interactive, AI assisted analysis for its users. Its core offerings include Palantir Gotham, designed for government clients, and Palantir Foundry, tailored for commercial customers. Originally focused on U.S. intelligence agencies, Palantir has expanded into defense contracts with western governments and entered the commercial market in 2016. During the quarter, the company reported strong fiscal fourth-quarter results, with revenues surpassing analyst estimates due to heightened demand from both U.S. commercial and government clients. Management also raised its fiscal 2025 revenue outlook, citing robust demand in its Artificial Intelligence Platform (AIP), which continues to gain adoption across various industries. Collectively, these developments drove a notable rise in Palantir's share price, positively contributing to performance during the quarter. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
