General presentation of Palantir Technologies
Before analysing the Palantir Technologies share price it is also strongly recommended that you take time to learn about this company, its operations and its major activities. This will enable you to understand the challenges it will face in this activity sector and better interpret the future events that could influence its share price.
Palantir Technologies Inc. is an American group that is specialised in the technological and IT sectors. More precisely, this company designs and produces software platforms for businesses and institutional entities.
For this the group operates in two major sectors:
- The commercial sector which was created for clients that work in nongovernmental industries.
- The government sector which was created for clients such as the American federal government agencies as well as non American governments.
The group has therefore developed two platforms, Palantir Gotham and Palantir Foundry. The Gotham platform is a software platform that was developed for the defence agency analysts and information purposes. It notably enables users to identify hidden models in large data amounts, locate information sources and prepare informative reports. It assists the United States and its allied military personnel.
The Foundry platform created a central operations system for the organisation’s data. The users can thereby use this platform for the integration and analysis of data.
Palantir Technologies currently exercises over a third of its activities in the United States but it also operates in the United Kingdom and France as well as other countries around the world to a lesser extent.
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