Is PLTR a Consulting Company or Product Company?

Discussion in 'Stocks' started by TopGunTrading, Jan 25, 2021.

  1. I have seen many articles on this topic where wall street is struggling to identify whether PLTR is a consulting company or products company. The answer is probably both, companies that contract out to companies like Palantir have vast amounts of data that need to be sifted, staged and analyzed that cannot be done with a universal product, just because of the sheer amount and variety of data sources. There may be a quick start product that is used but all the heavy lifting will need to be performed by consultants using boots on the ground.

    So it does not surprise me that PLTR is so secretive about its business since this model tends to have long lead times in the sales cycle. It takes years to develop the relationships to close deals for this type of work. Competition is fierce as you have all the major consulting companies using cloud tools to do the same ,not to mention companies doing it themselves in-house, at a cost much significantly lower. I would compare PLTR to a hiring a pizza chef to your home to make a custom pizza pie or buying the ingredients in the super market and making it yourself.

    What's your thought?
     
  2. Neither, its a group of military industrial complex shitbags. Anyone who uses the word cloud is obscuring shit with marketing nonsense and lowering intelligence basically producing useless information. It's a way of adding abstraction and reducing knowledge of what is actually going on and where information comes from
     
  3. Please only reply with credible comments.
     
  4. vanzandt

    vanzandt

    lol
    I too missed the part about Peter Thiel being part of the military industrial complex.
    Learn something new everyday.
    :rolleyes:
     
  5. ph1l

    ph1l

    Yahoo says
     
  6. i don't give a shit what pltr do or what not. i traded pltr today 1/25/21 and i made bread with them today.
     
  7. Good for you. PLTR needs more buyers to take the founder shares off the table. Keep at it, Peter Thiel is buying more mansions due to your awesome trading skills.

    He owes you a free lunch at the least, warm bread and a plate of peanuts included.
     
    Last edited: Jan 26, 2021
  8. didn't trade pltr today 1/26/21. but traded on wkhs, plug, fcel, gme. all winners today for me.
     
  9. Cuddles likes this.
  10. Palantir was able to close these gov deals 5+ years ago when the concept and tools of data analytics and machine learning was at its infancy. Fast forward today, those same tools used by PLTR engineers and data scientists are widely available. A kid straight out of college with a comp sci degree can produce the same results.
     
    #10     Jan 26, 2021