Palantir and Ringier Lengthen Electronic Transformation Partnership

Palantir Technologies Inc. (NYSE:PLTR) and Ringier AG currently announced they have renewed their strategic partnership

Palantir Technologies Inc. (NYSE:PLTR) and Ringier AG currently announced they have renewed their strategic partnership to provide Ringier with software to further its digital transformation and accelerate its change to a digital-1st worldwide media corporation.

This press release attributes multimedia. Check out the entire launch in this article: https://www.businesswire.com/information/home/20210420005521/en/

Ringier uses Palantir’s Foundry software to harness the ability of data in purchase to superior provide and notify viewers. By growing achieve and improving the romantic relationship to its audience, Ringier is equipped in turn to maximize the income desired to fund top quality journalism. In addition to getting applied in newsrooms, Ringier also works by using Foundry to enhance effectiveness in the promotion departments across its media manufacturers.

Foundry transforms the way businesses run by creating a central functioning process for their info. It allows for the integration of siloed facts resources into a popular operating picture, top to much better information-pushed final decision creating across the enterprise.

Ringier embarked on an formidable digital transformation program extra than a 10 years ago, embracing the change from a legacy newspaper enterprise into a diversified, electronic-first, international media firm by way of major investments in engineering and capabilities.

“Ringier provides premium journalism. Still, the European electronic publishing place is transforming. We wished to be ready to arm our journalists with the very best possible info, so they could far better serve and tell our visitors. Palantir’s globe-major integration know-how enabled us to make a protected, extensive facts basis that allows professional journalists to make much more educated decisions about what written content finest serves their local communities,” stated Marc Walder, chief government officer of Ringier AG.

In the case of Blick.ch, a person of Switzerland’s top rated electronic properties, up to 85% of the newsroom’s staff seems to be at Foundry just about every day to evaluate readership and functionality, and established goals involved with these analytics.

Foundry’s straightforward-to-use interface will allow men and women of all specialized potential to interact with information, whilst its granular obtain controls ensure only the ideal folks have access to the suitable information at the ideal time.

“Ringier is 1 of Switzerland’s most innovative and iconic firms, and we could not be extra proud to be increasing our partnership,” mentioned Alexander Karp, co-founder and main govt officer of Palantir. “We have learned an immense volume from Ringier, whose history stretches back again nearly two generations, and are privileged to operate with this sort of a pathbreaker in its industry.”

Palantir is happy to have a powerful existence throughout Europe and in Switzerland, functioning with worldwide leaders this kind of as Merck KGaA and Airbus. It has an office in Zurich and options to go on its growth in Switzerland.

About Ringier

Ringier AG is an modern, digitalised and diversified Swiss media corporation operating in Europe, Asia and Africa. Its portfolio contains around 125 subsidiaries in the print, electronic media, radio, ticketing, entertainment and e-commerce sectors and top on the internet marketplaces for cars and trucks, property and work. As a enterprise funds company, Ringier supports modern digital begin-ups. Ringier, a family members company started in 1833 as a publishing household and printing plant, has invested persistently in digitalisation and world wide expansion in latest decades. Right now, more than 72 for each cent of its working revenue now arrives from digital, where Ringier is a chief among the European media businesses. Ringier’s core values are independence, liberty of expression and a revolutionary spirit. More info is readily available at www.ringier.ch.

About Palantir Systems

Palantir Systems is a software package organization that builds business info platforms for use by organizations with complex and sensitive knowledge environments. From developing safer automobiles and planes, to discovering new prescription drugs and combating terrorism, Palantir aids prospects across the community, personal, and nonprofit sectors completely transform the way they use their info. Extra information and facts is obtainable at https://www.palantir.com.

Ahead-Looking Statements

This push release incorporates forward-hunting statements within just the that means of Portion 27A of the Securities Act of 1933, as amended, and Portion 21E of the Securities Exchange Act of 1934, as amended. These statements may possibly relate to, but are not constrained to, Palantir’s anticipations about the expected advantages of the deal, the predicted positive aspects of our program platforms, and need and momentum in Switzerland and elsewhere relating to our software package platforms. Forward-seeking statements are inherently issue to hazards and uncertainties, some of which cannot be predicted or quantified. Forward-on the lookout statements are based mostly on info offered at the time people statements are created and were dependent on latest anticipations as very well as the beliefs and assumptions of administration as of that time with respect to future events. These statements are topic to dangers and uncertainties, lots of of which involve components or situations that are beyond our handle. These risks and uncertainties incorporate our potential to meet up with the one of a kind wants of our buyer the failure of our platforms to fulfill our consumer or accomplish as ideal the frequency or severity of any program and implementation problems our platforms’ dependability and our customer’s means to modify or terminate the agreement. Supplemental info regarding these and other threats and uncertainties is integrated in the filings we make with the Securities and Trade Fee from time to time. Except as required by legislation, we do not undertake any obligation to publicly update or revise any ahead-seeking statement, regardless of whether as a end result of new information and facts, future developments, or if not.

See supply model on businesswire.com: https://www.businesswire.com/information/home/20210420005521/en/

Contacts

Lisa Gordon
[email protected]

Johanna Walser
[email protected]