PALANTIR TECHNOLOGIES - Palantir Technologies Inc. (NYSE: PLTR, “Palantir”) today announced a partnership with one of the world’s leading automakers and mobility providers Stellantis N.V. Stellantis will deploy Palantir’s Foundry operating system across the company’s brands, business functions and plant locations to accelerate its digital transformation into a sustainable mobility tech company, improve supply chain performance, enhance vehicle quality, speed deliveries and scale marketing and sales efforts.
This
agreement will expand Palantir’s previous relationships with Stellantis’
founding companies to a global, enterprise-wide license across the company’s
vast ecosystem and 14 iconic automotive brands, with Palantir Foundry powering
decisions across markets and functions at what became in 2021 a world leader
for a new era of sustainable mobility.
Palantir
Foundry is designed to transform the way organizations operate by creating a
central operating system for their data, integrating siloed data sources into a
common operating picture. Beyond scaling best practices across the merged
group, Stellantis will leverage Foundry to build a unified digital twin of its
operations and accelerate company-wide synergies.
Foundry
will also be used across a variety of functions designed to help improve
quality, ensure continued delivery and service in today’s supply-driven world,
and contribute to improve margins. For example, the ability to analyze billions
of connected vehicle data points through Foundry will give Stellantis the
tooling to foresee quality issues and leverage intelligence about the state of
vehicles for research and development.
Foundry
will also help increase Stellantis’ insight into parts availability and shift
its tooling to meet the needs of customers in a supply-driven world. It will
also help deliver key sales and marketing insights, leading to a better
understanding of profitability drivers and customer trends.
“We
are grateful for the confidence of Stellantis that led to the expansion of our
collaboration across their enterprise,” said Palantir executive Josh Harris.
“In today’s data-driven world, the Foundry operating system is uniquely
positioned to offer insight into critical operational and manufacturing
functions.”
Palantir’s
software is currently deployed in over 50 industries and powers data-driven
decisions across a diverse set of use cases in some of the most complex data
environments in the world, including in manufacturing and to solve critical
supply chain issues.