Palantir x Canada
And who they do business with in the country
We all know the largest clients Palantir has in the world are in the United States, not only for Foundry but for Gotham and Apollo. But the US isn’t the only country in North America that finds big use in these platforms, because I’ve been noticing new entities coming from north of the US… Canada is big on Palantir - Let me explain why.
Although discretely, Canadian companies have been using Foundry for quite some time. Even in the first Dossier there were some companies from the region, and I have more every quarter inside the DataBase, making the country enter the Top 6 in terms of Foundry entities total numbers.
With acronyms from big corporations like CBC, CIBC and RBC - all from 2021 or before - as main clients from the region, Palantir began finding loyal customers in these names. These either stayed and payed good money for Foundry or expanded their use of it (and their reliance on it, too). It’s the example we find in RBC, as lots of you will know from the 3rd Dossier.
In recent discoveries, however, I’ve noticed an expansion in industries covered by Foundry. Energy and Retail companies are the primary drivers for growth, with names like TransAlta and Canadian Natural Resources and other examples for other industries like Food and Defense.
On that specific industry, General Dynamics Land Systems is one big corporation I want to highlight. As those with access to DataBase know, this company was added at the end of Q4 of last year.
And including this, the amount of Canadian presence is growing every month, with new companies and acronyms, not only in Foundry but also in other Palantir platforms and programs.
Links can tell very powerful stories, if you can understand them. And with the experience I have in this endeavor, almost 2 years now, I can make some reasonable deductions. And I’m talking about Gotham.
Even if behind codenames and strange combinations made on purpose, I know Canada is running a part of their Defense and Intelligence programs on Gotham. I have some links but as I’ve just said, these are behind codenames and their purpose is concealed. And that just adds to the fact that the Calgary police department has been using Palantir Gotham for more than 10 years.
Canada has a history of using Palantir and they are no strangers to their power. This has already been demonstrated to be effective in government institutions and will prove to be equally powerful, if not more, in the commercial space.
In my view, Foundry is not only poised to become the industry standard in Canada, as is steadily becoming a reality in the West but more specifically in the US, but I’m already seeing an outstanding growth in the Canadian market. The examples I’ve just laid out in this article are a testament to this, and my prediction is we will see more companies come in at a rate comparable to the UK and the Japanese markets.
Just last year, Palantir announced a new platform with other clients and partners, like ThinkData and Martinrea International, to address Supply Chain Resiliency issues.
As I’ve said in other articles, the future for Palantir is bright, and the commercial side is a big piece of the equation. There’s no longer any doubt over whether Palantir has the ability to add new clients, but the question remains: Will they be able to translate these clients into revenues? We shall see, but I’m more optimistic than ever.