CLAIM #49487 · Palantir Technologies Inc. (PLTR) · 2023Q2 earnings call · Aug 7, 2023 · due Dec 31, 2023
“I think let’s look and see what happens in the next few months here, but we don’t think it’s going to be too long to kind of turn that corner.”
Shyam Sankar · CTO
In context
“ing about ratio and timing of commercial? And second, on the other conversations we’re having with, like, 300-plus organizations. How many of those are willing to use it on a Foundry platform versus the old? Alex Karp: Do you want to take this? Shyam Sankar: Sure. So the... Alex Karp: Another way, it’s a pleasure to see you. Mariana Perez Mora: Finally. Shyam Sankar: We’re in the phase right now where we’re very focused on driving compounding usage of this. It’s like, we’ve done this with Gotham, we’ve done this with Gaia, with Foundry, with Apollo. And what we’re excited to see is that, we have over 5,000 monthly users. The users are growing 50% month-over-month. Obviously, we’ve been doing this for 10 weeks now. That’s quite a bit in the enterprise for the pace that we’re going at here. I think let’s look and see what happens in the next few months here, but we don’t think it’s going to be too long to kind of turn that corner. What was -- can you remind me the second part of your question? Alex Karp: The way -- people don’t have Foundry, how does that look? Shyam Sankar: Oh! I think the real focus on the AIP product strategy is to make sure that you can use AIP without Gotham, Foundry or Apollo. And that to the extent you see the value in these things, you’re going to pull them along with you. Now I think that’s where ontology has been most useful in both context. We’ve deployed operational workflows on classified networks using this technology in real-world exercises, that’s only accomplishable, because they’re standing on a decade of this well ontologized data and the kind of enterprise tools that they have for war fighting to accomplish those use cases. So when you look at the time to value, it helps them so”
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SEC filings for PLTR ↗ · Claim quote is verbatim from the 2023Q2 earnings call.