The Palantir Technologies

Question: Demonstrate its unique disruptive feature that is being valued by markets. Describe the key disruptive innovation, help explain the manner in which the company is being valued, and articulate the key strategies needed for this company to realize its potential. Answer: Introduction The Palantir Technologies is a private American software and the services company. It majorly specializes in the big data analysis. It was founded in the year 2004, and the original clients of the company were the Federal agencies of the USA Intelligence Community. (Hartunian, Eric, and Wade, 2008) The company has expanded the customer base to serve both the state and the local governments. Besides, they help the private enterprises in the financial and the health industries. The major software project they have produced are the Palantir Gotham and the Palantir Metropolis. Palantir Gotham is mainly used by the counter-terrorism analysts at the USA Department of Defense, the fraud investigators and the cyber-crime analysts. On the other hand, Palantir Metropolis has used the hedge funds, the bank, and the financial services Companies. Disruptive features that is valued in the market The software that they have produced has empowered the analysts across the various enterprise to interact with the data they have in a manner that is unified, and highly-customized environment so as to conduct an in-depth analysis to discover more valuable insight on the given data. This company has been able to create a new market and a value network by displacing the established market leaders with the creation of their cutting edge technology. (Hartunian, Eric, and Wade, 2008)The majority of the defense department in the USA like the CIA have invested heavily in this technology due to its analysis capability of highlighting patterns and gathering of the intelligence. It has been found it has been able to uncover the Ghost net and the Shadow Network that were the China-based espionage network which had targeted approximately 1290 computers to more than 100 countries. Key Disruptive Innovation of the Palantir Technologies The rapid advances in the technology are changing the philanthropy in the various fundamental ways, thus making it more rational and practical way to do business. The Palantir Company focused on one core product which is the machine-augmented data analysis. They built the software to provide insight from the large sources of the data. They offer their services at no or very little cost to their clients. The company offers its nonprofits partners with both the human and access to their software. The company has been able to create the new market and value network through their software for data analysis and displacing their competitors that had existed before. Their technology is easy to use more so to the non-engineers to sift through a massive amount of the data to get the meaningful results. The company disruptive innovation is the software that has substantially hit the market and has been widely accepted by many like the government and the financial institution example banks and hedge funds. This technology is also disruptive in that no significant marketing of the company has been done yet; many organization wants the software. Valuation of the company The company is raising 500 million US dollars at the valuation of $20Billion. These funding would make the data analytic company the third highest valued startup in the USA. The company current has a valuation off around 20.33 Billion dollars from the previous 15B in 2014. The company was first funded by the CIA and other Intelligence agency investors to build the custom analysis software. The company has more than 215 million dollars contract with the government organizations sewn up and the customers from the Fortune 500 firms. Key strategies for the Palantir Technologies to realize their potential One of the strategies they use is the concept of the business to business with different enterprises. The company should offer more data analytic platforms to various clients more so expanding from the defense and venture to other industries to realize the full potential. In doing business with other industries, they would grow their revenue streams more away from the government contract. Employee retention strategies There is a need for this company to understand how to retain the good employee and it is important to know what they are looking for at the organization. Some of what they may want are; regular feedback on how both the company and them they are doing, a chance to contribute directly to the enterprise. In this way the company would invest to the manpower through employees who love their job and they would significantly take the organization to the greater horizons.( Phys.org, 2015) Besides, the company needs to implement the strategy and realize them more so the operations strategy of the operational requirements. It is possible sometimes to turn the strategies and the plans into the individual actions to produce an excellent business performance, nevertheless, it is not easy. It is important that ever individual play their role on their duties to actually implement the strategies. Another strategy that they can implement is having a CSR so as to strengthen the business. A smart partn ership can provide a good practical way forward. CSR is a creative opportunity to the fundamental strengthening of the firm and also contributing to the society at the same time. Bibliography Ahlberg, Christopher, Drew Conway, Robert McGrew, and Rion Snow. Predicting the Future Anticipating the World with Data. [Sebastopol, Calif.?]: O'Reilly Media, 2011.https://proquest.safaribooksonline.com/?fpi=9781449306342Hartunian, Eric, and Wade A. Germann. Data Integration to Explore the Dynamics of Conflict: Preliminary Study. Ft. Belvoir:Defense Technical Information Center, 2008.Lee, Newton. Counterterrorism and Cyber security: Total Information Awareness. New York: Springer, 2013.Phys.org. 2015. "Palantir Raises $880 Mn in New Funding Round". Phys.Org - Science and Technology News. 2015-12.According to Ahlberg, Christopher, Drew, Robert, and Rion, 2011 it is possible to predict the Future Anticipating the World with Data.Lee, 2013 points out there is Counterterrorism and Cyber security Total Information Awareness through the use of this technology.According to phys.org 2015, the company has raised more than $500 million at the valuation of the $ 20Billion it is said to be wor thy.