Palantir Technologies (PLTR) is pushing into supply chain software, making a pitch that directly challenges one of the largest models in corporate computing.
The company claims software-as-a-service, or SaaS, could not be flexible enough for big companies with complex operations
Palantir Deployment Strategist Daniel Lutkus told Forbes in three blunt words that “SaaS is dead” while discussing the company’s approach to supply chain management. That’s quite a claim for a corporation that still primarily serves the U.S. military and other government organizations. But Palantir’s commercial operation is increasingly an investment tale.
Last year, 46% of Palantir’s revenue came from commercial clients. Lutkus said manufacturing is Palantir’s biggest business vertical, and many of those companies use its products in their supply chains, Forbes reported. For example, auto-parts retailer Advance Auto Parts (AAP) is collaborating with Palantir on inventory replenishment and pricing, according to remarks from its CEO at a UBS Group (UBS) conference published by Forbes.