Palantir Ranked No. 1 Vendor in AI, Data Science, and Machine Learning

Palantir Technologies Inc. (NYSE: PLTR), a leading provider of AI systems, today announced it had been recognized as a top performer by Dresner Advisory Services in the 2023 AI, Data Science, and Machine Learning Wisdom of Crowds® Market Study.

The report provides a comprehensive, real-world perspective on the market, includes statistics, modeling, machine learning, neural networks, and data mining to analyze facts to make predictions about future or otherwise unknown events. Among the top-rated vendors, Palantir received its highest scores in analytical features & functions, model operations, and usability.

“With the emergence of generative AI and applications like ChatGPT, there has never been more interest in AI, data science, and Machine Learning,” said Howard Dresner, founder and chief research officer at Dresner Advisory. “As a result, across all the thematic reports that we publish during the year, this report stands out as having among the strongest and growing interest within our base of readership.”

"Palantir's Artificial Intelligence Platform (AIP) enables organizations to bring the power of Generative AI into their most critical operations," said Akshay Krishnaswamy, Palantir's Chief Architect. "We appreciate this recognition by the Dresner team, and believe it reflects the real-world results being seen by the hundreds of enterprises using AIP in production today."

As an objective source of industry research, consumers use the Dresner Advisory Services AI, Data Science, and Machine Learning Market Study to understand how their peers leverage and invest in business intelligence and related technologies. According to the study, success with business intelligence and data literacy correlates with actual AI, data science, and machine learning (AI / DS / ML) deployments. While the importance of AI / DS / ML across industries is near an all-time high, only 29% of organizations have adopted the use of generative AI today, mostly in experimental, non-production rollouts.

To view the full report and see how Palantir compared to its peers, visit https://www.palantir.com/2023-ai-ds-ml-market-study/.

About Palantir Technologies Inc.

Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir’s expectations regarding the expected benefits of our software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; and our platforms’ reliability. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231026655252/en/

Lisa Gordon [e-mail]