Palantir is a data analytics firm that specializes in data management, revenue optimization, and spatial frameworks for organizations. Palantir’s corporate headquarters is based in Palo Alto, California. Palantir earns $523.600 per employee. Palantir has raised $4.6 billion in investment. On the other hand, Palantir has to compete with the following firms:
#1. Cognizant
- Founded: January 26, 1994
- Headquarters: Teaneck, New Jersey, United States
Need to know
Cognizant (https://www.cognizant.com) was established in 1994 by Kumar Mahadeva and Francisco D’Souza. It began serving external clients in 1996 after being created as a Dun & Bradstreet in-house technology unit. Several of Dun & Bradstreet’s companies, including Erisco, IMS International, Nielsen Media Research, Pilot Software, Strategic Technologies, and DBSS, were spun off in 1996 to form Cognizant Corporation, located in Chennai, India. Three months later, in 1997, DBSS changed its name to Cognizant Technology Solutions. Cognizant experienced rapid growth in the 2000s and was named to the Fortune 500 in 2011; as of 2021, it is ranked 185th.
It offers services in information technology, information security, consultancy, ITO, and business process outsourcing. These services include business & technology consulting, systems integration, application development & maintenance, IT infrastructure services, Artificial Intelligence, Digital Engineering, analytics, business intelligence, data warehousing, customer relationship management and others.
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#2. Splunk Inc.
- Founded: October 2003
- Headquarters: San Francisco, California, United States
Need to know
Splunk Inc. (https://www.splunk.com) was established in 2003 by Michael Baum, Rob Das, and Erik Swan. Splunk had raised $40 million by 2007 and was profitable by 2009. Splunk went public in 2012 and is now traded on the NASDAQ under the name SPLK. BugSense, a mobile-device data analytics startup, was bought by the corporation in September 2013. It provided a “software developer kit” that allowed developers to access data analytics from mobile devices managed by its scalable cloud platform. Splunk purchased Metafor, a software business that employs machine learning technology to evaluate data generated by IT infrastructure and apps, in June 2015.
It creates software that uses a Web-based interface to search, monitor, and analyze machine-generated data. Its software assists in the capture, indexing, and correlation of real-time data in a searchable repository from which graphs, reports, alerts, dashboards, and visualizations can be generated. Splunk makes use of machine data to find trends, provide metrics, diagnose problems, and provide business information.
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#3. Verint
- Founded: 2002
- Headquarters: Melville, New York, United States
Need to know
Verint Systems (https://www.verint.com) was established in 2002 by Dan Bodner. Verint began as Comverse Technology’s Comverse Infosys business unit, which was founded in 1999, though it was also formed as a wholly owned subsidiary of Comverse Technology in Delaware in February 1994. Verint went public in May 2002, despite the fact that Comverse Technology still owned the bulk of the company. Verint has 9,800+ clients in over 175 countries and 4,300+ employees in various places throughout the world in 2021.
It sells customer interaction management, security, surveillance, and business intelligence software and hardware. Their software is intended to aid clients in data analysis, particularly with massive data sets.
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#4. Tableau
- Founded: 2003
- Headquarters: Seattle, Washington, United States
Need to know
Tableau (https://www.tableau.com) was established in 2003 by Christian Chabot, Pat Hanrahan, and Chris Stolte. The company began as a commercial outlet for research at Stanford from 1999 to 2002, with the founders specializing in visualization approaches for examining and analyzing relational databases and data cubes. Tableau was acquired by Salesforce in an all-stock deal valued at approximately $15 billion on June 10, 2019. Tableau announced the appointment of Mark Nelson as president and CEO in March 2021, succeeding Adam Selipsky.
It offers products that query relational databases, online analytical processing cubes, cloud databases, and spreadsheets to build graph-type data visualizations. Tableau Desktop, Tableau Server, Tableau Online, Tableau Prep Builder, Tableau Vizable, Tableau Public, Tableau Reader, Tableau Mobile, and Tableau CRM are some of the company’s products.
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#5. Tyler Technologies
- Founded: 1966
- Headquarters: Plano, Texas, United States
Need to know
Tyler Technologies (https://www.tylertech.com) was established in 1966 by Joseph F. Tyler Pipe, a producer of iron pipes, was acquired by the firm in 1968, and it eventually became the company’s principal source of annual revenue. As a result of its success, Tyler Pipe was renamed Tyler Corporation. Saturn Industries went public on the New York Stock Exchange in 1969. Tyler Corporation became the company’s name in 1970. In the year 1998, Tyler Corporation entered the government software market. In 1999, Tyler Corporation was renamed Tyler Technologies.
It sells software to the federal government of the United States. Appraisal and tax software and services, integrated software for courts and justice agencies, data and insights services, enterprise financial software systems, planning, regulatory and maintenance software, public safety software, records and document management software solutions, and transportation software solutions for schools are among the company’s public sector software categories.
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#6. Mu Sigma
- Founded: 2004
- Headquarters: Bangalore, Illinois
Need to know
Mu Sigma (https://www.musigma.com) was established in 2004 by Dhiraj Rajaram. The name of the company is derived from the statistical phrases “Mu” and “Sigma,” which represent the mean and standard deviation of a probability distribution, respectively. Mu Sigma provided FTVentures with their first institutional financing round of $30 million in 2008. Sequoia Capital contributed another $25 million to the company in April 2011. Sequoia Capital and growth equity investor General Atlantic announced a $108 million round of funding in December 2011. Mu Sigma secured a $45 million investment from MasterCard in February 2013, putting the company above the $1 billion mark.
It provides decision sciences and big data analysis through management consulting services. It also provides supply chain analytics, such as trend graphing, demand and manpower forecasting, location allocation decision-making, inventory management, and other services.
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#7. Microsoft corporation
- Founded: April 4, 1975
- Headquarters: One Microsoft Way, Redmond, Washington, U.S.
Need to know
Microsoft Corporation (https://www.tylertech.com) was established in 1975 by Bill Gates and Paul Allen. After Apple and Amazon, Microsoft became the third U.S. public company to be valued at over $1 trillion in April 2019. Microsoft has the third-highest global brand value as of 2020.
It is a software corporation that also produces consumer electronics, computers, and services. Microsoft’s most well-known software products include the Office suite, the Windows operating system, and the Internet Explorer and Edge web browsers.
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#8. International Business Machines (IBM) Corporation
- Founded: June 19, 2011
- Headquarters: Armonk, New York, United States
Need to know
IBM (https://www.ibm.com) was established in 2011 by Charles Ranlett Flint. In 1924, it was renamed “International Business Machines” after being created as the Computing-Tabulating-Recording Company (CTR). In 1937, IBM’s tabulating machinery allowed businesses to process massive volumes of data. Its clients included the United States government, which used it to keep track of 26 million individuals under the Social Security Act.
It manufactures and distributes computer hardware, middleware, and software, as well as hosting and consulting services in a variety of fields, from mainframe computers to nanotechnology. The automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, and the SQL programming language are just a few of IBM’s inventions.
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#9. Alteryx
- Founded: March 1997
- Established: Irvine, California, United States
Need to know
Alteryx (https://www.alteryx.com) was established in 1997 by Dean Stoecker, Olivia Duane Adams, and Ned Harding. It was initially named SRC LLC. SRC launched Allocate in 1998, a data engine that allows users to alter, analyze, and map data using spatially organized U.S. Census data. In 1998, Solocast was created as software that allowed customers to conduct consumer segmentation studies. In 2010, SRC LLC changed its name to Alteryx, the name of its main product, in 2010.
It sells data science and analytics software. Any data worker will be able to use advanced analytics thanks to the program.