Palantir Technologies Expands Japan Business with New $22.5 Million Contract
Summary
DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE:PLTR) announced today that on December 28, 2020, it was awarded a $22.5 million, one-year contract in partnership with SOMPO Holdings for the “Real Data Platform for Security, Health, and Wellbeing”. SOMPO’s visionary Real Data Platform, or “RDP” is a collaborative ecosystem between public and private sectors that will improve healthcare in Japan, streamline supply chains across industries, and increase security and resilience in the region. SOMPO’s RDP objectives will accelerate the digital transformation of Japanese commercial and governmental institutions, and create connected infrastructure across key industries. Japanese industries, ranging from healthcare to automotive to manufacturing, have generated a tremendous amount of “real data” over the past few decades. From building safer cars and planes, to discovering new drugs and combating terrorism, Palantir helps customers across the public, private, and nonprofit sectors transform the way they use their data.
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