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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

Palantir Expands Enterprise Reach with SAP SE Deal

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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85% Informative

Palantir Technologies Inc. ( NASDAQ : PLTR ) has expanded its enterprise reach as its stock rises after a 67% year-to-date gain.

On May 20 , the company inked a strategic partnership with enterprise software giant SAP SE ( NYSE :SAP) The deal paves the way for the merger of Palanir’s Ontology and Foundry platforms with SAP ’s enterprise data systems.

It also follows the unveiling of innovations and partnerships with global companies aimed at putting the power of business artificial intelligence in people's hands.

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84

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72

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formal

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English

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65

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short-lived

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