Food: Palantir's Next Big Thing
How Foundry is becoming the Food and Beverage OS
I’ve written about how Palantir is helping various industries by providing Foundry, and how the software is poised to be massively adopted by some specific ones. Like the healthcare and the consulting industries.
But today I want to talk about the Food and Beverage industry, how it’s already a big thing and the reason why Foundry is going to play a larger role there.
We’ve already seen many companies using Foundry to improve their margins and efficiency, like Wendy’s, Pepsico and Tyson Foods. And you all know the story around Coca-Cola and their Foundry comeback, serving as an example of companies that even if they decided to stop using Foundry, even if they don’t want to use it, they need to. Because if they want to survive they need to have a platform just like Foundry, and Palantir’s option happens to be the most effective.
Also Beyond Meat, confirmed by Palantir 1 month ago, has been using Foundry for some time now, as I discovered months ago and shared with you in an article here.
I love the Tyson Foods example because it shows the benefits of using Foundry in a very direct and understandable way. $200M in value is not only attractive for companies considering Foundry, but it makes a decision not to use it difficult to comprehend.
It’s not only these food companies that are using Foundry, but I’ve gathered more in the last few months, like Molson Coors, Focus Brands and Sobeys, one of the largest supermarket chains in Canada.
Even General Mills, the brand behind Cheerios, is using Foundry, as I found a couple of weeks ago and DataBase subscribers knew already. The biggest names are using Foundry, and that’s a good thing to know.
But not every food actor using Foundry is a commercial leader. Palantir powers the World Food Programme, and that’s great not only because of its obvious good to people in need, but because it really signifies Foundry is a holistic data platform, it’s a testament to the modularity and different ways in which it can help your organization. That the more ways you use Foundry for, the more you can save and more efficiently achieve your objectives.
It shows not only good results to lower costs while improving the quality of your product, which is already reason enough to pay for it, but at the same time it’s used to manage the product and deliver it to as many people as possible, as the WFP example shows.
As Palantir has done in the aviation industry with Skywise, and in microchips with Athinia, I believe Foundry can serve as a platform in the food industry on which to build a new OS to serve any actor in every way.
It’s only a matter of time before Palantir announces a partnership with one of the big players here and launches a holistic, relatively ready to use platform. But even if they don’t publicly announce anything, just know that they already are powering the major players, and more food and beverage names are added almost every week.
As always, DataBase users can see everything in real time for themselves.