Named “Palantir for IBM Cloud Pak for Data”, the new solution is expected to help users access, analyze, and take action on the vast amounts of data that is scattered across hybrid cloud environments – without the need for deep technical skills.
“Our clients deliver products and services while operating in some of the most complex, fast-changing industries of the world. Together, IBM and Palantir aim to make it easier than ever for businesses to put AI to work and become data-driven throughout their operations,” said Rob Thomas, Senior Vice President, Cloud and Data Platform at IBM.
As announced, the new product will leverage Palantir Foundry and be integrated with IBM Cloud Pak for Data services, such as Watson, to provide information architecture that includes data and AI with built-in governance. Additionally, the solution’s design is with an underline aim to provide an easy to use “no-code/low-code” environment for building applications that uses AI to inform data-driven decision making and automate tasks and processes.
Furthermore, the offering is designed to help industries managing vast amounts of data including retail, financial services, manufacturing, healthcare and telecommunications – where AI-infused applications can drive more informed business decisions and automate outcomes.
“Palantir was founded to build software for the world’s most critical institutions. Our partnership with IBM combines our forces to put our joint solution into the hands of the institutions and people who need it most and will propel the world’s most critical institutions into an unprecedented new digital age. We share IBM’s commitment to the adoption of responsible and ethical AI,” said Alex Karp, Chief Executive Officer of Palantir.
According to both companies, the new product – Palantir for IBM Cloud Pak for Data, would be available by March of 2021.