Migrated from eDJGroupInc.com. Author: Greg Buckles. Published: 2015-06-24 20:00:00Format, images and links may no longer function correctly.
Palantir has been on my radar for a couple years after spending an hour at their LTNY booth. They have neat toys and a much higher level of sophistication regarding the practical applications of their visualizations and analytics than most start-ups. They throw around customer success stories from well known pharma and financial names along with ‘un-named’ government agencies. Their market valuations have shot through the roof since 2009, hitting $9B (yep, BILLION) at the end of 2013, $15B at the end of 2014 and now $20B in just seven months. If they are that successful, why are they still taking rounds of funding? If they want to play in the eDiscovery space, why not just buy up key IP from small players and produce a COTS eDiscovery platform that actually works in a large enterprise environment with their petty cash? The hype and tech mystique around Palantir remind me of Autonomy in their hayday. My only hope is that all those “failure is not an option” secret customers provide the Palantir team the motivation and funding to actually deliver on all the eye candy. The market has been hungry for a practical analytic platform that can tackle the diversity and scale of today’s corporate ESI.
Greg Buckles wants your feedback, questions or project inquiries at Greg@eDJGroupInc.com. Contact him directly for a ‘Good Karma’ call. His active research topics include analytics, mobile device discovery, the discovery impact of the cloud, Microsoft’s 2013 eDiscovery Center and multi-matter discovery. Recent consulting engagements include managing preservation during enterprise migrations, legacy tape eliminations, retention enablement and many more.
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