2019 Disruptor 50: No. 34 Palantir
In its early days, Palantir did most of its work for the Pentagon and the CIA in Iraq and Afghanistan. Its software can take mounds of data from an organization — financial reports, cellphone records, social media postings, for example — and transform it into maps, charts and other actionable forms of intelligence. Palantir can then report back to a client any news of potential trouble, whether it be terrorism, financial fraud or even human trafficking.
Earlier this year, a Palantir executive revealed on French TV that the company had revenue of $1 billion in 2018. About half came from government agencies and the rest from corporate customers, a segment that is growing rapidly, thanks to a new product called Foundry. The service automates much of what Palantir does, allowing the company to sell ready-to-use software at higher margins.
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