Palantir Factoid: 2016 Government Contract Value
December 21, 2016
I read “Palantir CEO at Trump-Tech Summit Raises Red Flags.” The idea is that Palantir is a peanut when compared to publicly traded giants like IBM and Microsoft. The presence of Peter Thiel, an adviser to the Trumpeteers, adds some zip to both Facebook and Palantir. But Palantir’s Alex Karp was at the meeting as well. The idea is that the Trumpeteers continue to get stereophonic inputs about technology and other matters.
This is the factoid which caught my attention. I assume, of course, that everything I read online is dead center accurate:
Palantir received about $83 million from the government this year tied to 71 transactions, according to USASpending.gov.
What happens to Palantir’s bookings if some changes to the DCGS program come down the pike? Perhaps Palantir will be running some meetings at which giants like IBM are going to be eager participants. On the other hand, IBM and some of the folks at the Trumpeteers’ technology summit might not be happy.
Net net: I was dismayed at the modest bookings Palantir has garnered. I expected heftier numbers.
Stephen E Arnold, December 21, 2016
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Palantir Factoid: 2016 Government Contract Value : Stephen E. Arnold @ Beyond Search