{"id":2842,"date":"2015-11-23T00:15:51","date_gmt":"2015-11-23T05:15:51","guid":{"rendered":"https:\/\/digital.hbs.edu\/platform-digit\/submission\/palantir-solving-the-biggest-of-big-data-problems\/"},"modified":"2015-11-23T00:15:51","modified_gmt":"2015-11-23T05:15:51","slug":"palantir-solving-the-biggest-of-big-data-problems","status":"publish","type":"hck-submission","link":"https:\/\/d3.harvard.edu\/platform-digit\/submission\/palantir-solving-the-biggest-of-big-data-problems\/","title":{"rendered":"Palantir – Solving the “Biggest” of big data problems"},"content":{"rendered":"

Palantir is a software company that provides data modeling, data summarization, and data visualization for firms with large quantities of data.<\/p>\n

The core of its value creation model lies in its ability to enable the analyst (say, at a multinational bank or a government agency) to generate the insights that lead to value-accretive tasks such as unique investment trading strategies as well as invaluable actions such as preventing the next act of terrorism. The firm relies on both the analysis of data, in order to determine its relevance and significance, as well as the creative usage of data to visualize its applications across multiple domains. Its closest competitors, Ayasdi and Centrifuge, differs primarily their broader industry (Healthcare and retail, in the case of Ayasdi) and functional focuses (security focused only).<\/p>\n

To provide an example of its data usage, here is a description of their two platforms:<\/p>\n

Palantir Metropolis:<\/strong> A quantitative analysis platform that enables multi-study demands. Clients: Palantir Metropolis is used by hedge funds, banks, and financial services firms.<\/p>\n

Palantir Gotham<\/strong>: A platform that allows for cross-organization collaboration and presents data in semantic, geospatial and temporal views. Clients: CIA, DOD,\u00a0 fraud investigators at the Recovery Accountability and Transparency Board<\/a>, and cyber analysts at Information Warfare Monitor<\/a>.<\/p>\n

Having clients such as the CIA and SEC, and working across a number of functions such as crisis response, R&D, cyber security, anti-fraud, and human trafficking provides the firm with unparalleled access to data, the interpretation of which would be useful to the government agencies of any country in the world. Furthermore, industry reports cited below indicate that the role of big data has only just begun. While Palantir is focused on high-value implications of data analysis, these platforms will be just as useful across a number of industries such as manufacturing, telecommunications, healthcare, etc.<\/p>\n

\"Industry<\/a><\/p>\n

\"Big<\/a><\/p>\n

There are a few key factors about Palantir\u2019s operating model that enable its success in value creation and capture.<\/p>\n