💥 $10 Billion Deal | Palantir Bullets #141
Paradigm shift.
Editor: Emanuele Marabella
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Last week:
Palantir won a 10y contract worth up to $10 billion with the Army to consolidate 75 contract vehicles and reduce overall cost. This signals a paradigm shift in how the Government buys software:
“Officials used a food analogy, comparing previous software buying practices to all-you-can-eat buffets or combo deals where customers essentially pay for things they might not consume. Officials want a more flexible range of options, sort of like an a la carte menu where they can just pick exactly what they want.”
Palantir won a $100mn US Army Contract for Next-Gen Command and Control in collaboration with Anduril.
The police in Baden-Württemberg (Germany) will soon be allowed to use Palantir despite controversies. The contract is worth $25mn.
Forbes wrote an article on how Palantir is successfully entering Healthcare:
“Healthcare produces nearly a third of the world’s entire data, and studies indicate that almost 97% of it goes unused. Palantir’s entire platform is built around the idea that data is the key to optimize any field, and the company specializes in bringing structure and organization to siloed datasets to glean better insights.”
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