Palantir Double Click Event Preview
Palantir’s next big event: Demo Day Double Click!
Today, well in advance, I want to do a high-level preview for what you can expect from this upcoming presentation. This post will be broken into 4 main sections: Introduction, Overview, Demonstration, & Conclusion.
And yes, I have a fresh PLTR, IBM demo to share.
Introduction
Palantir recently announced that it will hold the first in a series of “Double Click” demo events on Wednesday, April 14, 2021, at 11:00am EST.
Advance registration is required, and is available at https://palantir.events/doubleclick. Capacity is limited and goes quickly. Registration will close 24 hours prior to the event.
Now, this is something that we were expecting! I went back to the Q4 conference report to get this excerpt from the call:
Can you please share how Demo Day was received by potential customers and would your company experience a surge of interest in its products specifically on the commercial side of the business?
Shyam Sankar — Chief Operating Officer
Demo Day was a hit with potential customers. We were very excited by the marked uptick in inbound inquiries. And these have led to some great generative conversations with prospective customers.
Demo Day really helped customers understand if they had a problem that Palantir can solve, and it kept our growing salesforce pretty busy. But it really underscores the tremendous opportunity in front of us and how much we are at the beginning. One of the reflections that I had about Demo Day is that we tried to do an all-purpose Foundry demo. But the truth is that Foundry can solve so many many problems.
So, we’re going to be hosting another event in April, Demo Day Double Click. We’re going to spend more time on Foundry, focused on more use cases across more industries. So, stay tuned for that.
The Bottom Line
Palantir had a great response to its initial demonstration day, but there is still so much to share when it comes to the Foundry platform. Hence, a series promoting Foundry’s many use-cases is what we will get this year. Why would this be important? Palantir is ramping its salesforce and ready to go large with its client base.
The more genuine, helpful marketing material it has, the better. We retail investors get to go along for the ride and test our individual convictions at each step. That’s what all my posts and YouTube videos are for — to get analytical on a stock I like for the long-term and allow you, the viewer, to make your own decision as to what comes next.
Overview
Continuing on in the press release:
Palantir software is used by customers across 40 industries worldwide. Double Click is Palantir’s series of software demo events that showcase how the company’s platforms are used across these industries and customers.
The first event will feature in-depth demonstrations of Palantir Foundry for life sciences and industrials. Palantir’s customers in these verticals include Merck, NIH, NHS, 3M, bp, PG&E, LANXESS, Doosan, and others. The software demos at Double Click will showcase how customers can use Archetypes, Palantir’s solution to deploy end-to-end use cases in a matter of clicks, on top of Foundry, including:
Life Sciences: harmonized patient view, clinical and observational data curation, prognostic model management, accelerated discovery via scientific research collaboration
Industrials: end-to-end quality assurance, production optimization, high-scale IoT analytics, supply chain optimization
What does each piece of that mean? Pretty much what it reads as. And as I said earlier, Palantir undoubtably has a lot to discuss. After all, they’re not the kind of company that would waste time on something like this if what they were putting out wasn’t meaningful.
Demonstration
Similar to what I did to preview the first Demo Day and to give you an idea of how this event will go down, I’m going to link a related demonstration.
This timely video is from IBM, who is partnered with Palantir. It’s a demonstration of using Palantir for IBM Cloud Pak for Data with data-driven operations and decision-making from Palantir’s platform — as previously discussed on this channel.
The snippet below features Foundry’s recognizable low-code/no-code interface to power data-driven decisions and objectives for a given organization.
I’ve pulled together just the parts that are meaningful to the discussion around what Palantir could be demonstrating on April 14th.
Conclusion
I hope this high-level preview was helpful at least for an idea of what to expect heading into the first of several upcoming parts as Alex Karp and company Double Click and deep dive further into what the power and uniqueness of their offering.
Again, I think it is going to be quite exciting from a technical point of view, but surely do not hype this up — it’s not a highlight reel meant for investors and should, instead, outline Palantir’s abilities to achieve what they can with the up-and-coming enterprise beast known as Foundry.
Until next time…
