Business
Palantir Technologies Signs Partnership With Titan Defence Firm, Babcock
DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) is enabling the Babcock International Group to strengthen its digital defence capabilities
About this update from Palantir Technologies Inc.
[{"type":"text","content":" DENVER--(BUSINESS WIRE)--\nPalantir Technologies Inc. (NYSE: PLTR) is enabling the Babcock International Group to strengthen its digital defence capabilities through an Enterprise Agreement (EA) announced at DSEI today in London.\n\n\nThe partnership will leverage Palantir AIP, the AI-enabled instance of the company’s software, that will aim to transform how the Babcock workforce captures, integrates, models and builds data-driven solutions. Unlocking the power of data in this way will enable Babcock to make better informed, data-driven decisions, maximise platform availability on customer assets, and understand how to derive even more value from the organisation’s data.\n\n\nGuy Williams, Head of UK Defence & National Security from Palantir Technologies said:\n\n\n“We’re excited to partner with Babcock as they realise their digital defence ambitions. Together, we are driving toward a new era for the UK’s Defence enterprise - one that is pioneering, modern and leverages Palantir AIP.\n\n\n“Our partnership with Babcock will help ensure the MOD maximise operational output at pace, whilst empowering Babcock’s talented workforce to become truly digitally enabled.“\n\n\nThe agreement will consolidate data streams into one place, whether that’s on supply chains or asset management, with toolsets and analytics. It will support all areas of Babcock’s global defence business across submarines, warships, and army equipment, right through to supply chains and give clearer view of their sustainability impact and carbon footprint.\n\n\n\nThe platforms will also allow Babcock to co-ordinate more closely with their customers, and improve how they better understand and utilise data, enabling them to be present in key parts of their customers’ critical defence missions.\n\n\nWelcoming the announcement at DSEI, Babcock CEO for Land, Tom Newman, said:\n\n\n“As the defence landscape becomes increasingly digital in nature, our data challenges are also growing in complexity and volume.\n\n\n“Given the complex defence supply chains we operate in, having a true data picture of that ecosystem is vital in allowing us to make better strategic decisions and aligns us to our customer’s digital defence backbone.”\n\n\nAcross multi-domain operating environments, and within the often intricate defence supply chain, the partnership will deliver a data picture ...