How Palantir Foundry Fuels Your Data Platform
Today, the architecture of data platforms excel at providing an “assembly line” for data and analytics. In this paradigm, information flows from data producers (such as data engineers and scientists) to data consumers (such as operators and business analysts). These data assembly lines can generate helpful read-only insights and are designed to summarize — rather than operationalize — an intricate reality.
For organizations experiencing increasing complexity, however, this linear assembly line can feel slow and restrictive. What is needed instead is a dynamic flow of data, models, and decisions — across systems and teams — that is capable of self-optimizing, without complete reliance on resource-constrained centralized teams.
In our experience, even with customers who have mature data platforms, organizations looking to achieve this type of agility begin to ask two related questions: (1) How do we unlock?existing?data from our core operational systems and integrate it into our enterprise data platform?, and (2) How do we continuously capture?new?data on operational decisions back into these systems so the organization can learn and improve?
Having seen these challenges in some of the world’s most critical institutions, we designed Foundry to supercharge your existing data platform architecture in two ways: software-defined data integration and decision orchestration.
Foundry Unlocks the Operational Core with Software-Defined Data Integration
ERPs, CRMs, and other similar systems reside at the heart of today’s large enterprises. Bringing this data into your data platform, however, can be extremely challenging. Questions that seem straightforward (e.g., “how much less does it cost to manufacture Product X vs. Product Y?” or “how long does it usually take for Product Z to arrive from our suppliers?”) can prompt weeks, months, or even years of technical roadblocks and effort decoding rigid, complex data models.
Encountering this dilemma at many of our customers led us to develop a new technology we call software-defined data integration (SDDI). This approach, encoded in?Palantir HyperAuto, connects to your existing data stores such as CRM and ERP and automates integration of that data into your data platform.
Key advantages to software-defined data integration include:
In our view, SDDI achieves a core integration objective; It automates complex, time-consuming tasks and allows your teams to focus on the highest-value things. To learn more about software-defined data integration, check out our?series of posts on the origins, capabilities, and impact of Palantir HyperAuto.
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Foundry Continuously Fuels Your Data Platform with Decision Orchestration
While integrating data from core systems into your data platform is a necessary step, it does not by itself produce a lasting advantage. Enduring success depends on your organization’s ability to power decisions on the operational front lines — and then capture those decisions back into your data platform to allow for continuous improvement.
As a result, once an enterprise has unlocked data with a technology like SDDI, a new question emerges: How do we dynamically connect our end-user workflows, data platform, and core operational systems to optimize decisions and accelerate learning?
Foundry offers this “closed loop” in the form of?decision orchestration. When an end user makes a decision based on an alert, scenario analysis, recommendation, or other analytical insight, Foundry captures all relevant data — including the decision itself, the business impact, possible alternatives, state-of-the-world context, and any motivating trigger such as the alert. It then coordinates the capture of that information back to your operational systems and data platform where it can inform analytics and future decisions.
Foundry’s decision orchestration functionality is grounded in:
Conclusion
Palantir Foundry fuels your enterprise’s data platform along two dimensions. First, it uses software-defined data integration to populate it from “below” — unlocking complex operational data from ERPs/CRMs and other source systems. Second, it helps fuel it from “above” — continuously orchestrating decisions and context from end users back to your core operational systems and data platform.
These modalities can add value independently or together, leading to remarkable acceleration in outcomes:
See it in action
Curious how these technologies play out in practice? Interested to see how Foundry can integrate with your existing architecture??Get in touch?with a member of our Foundry product team.
Retired Radiologist / IT Enthusiast / Minimalist, ???? ???? ???? ???? Note: Views expressed are my own.
2 年Here is a problem to solve: https://www.washingtonpost.com/us-policy/2022/08/03/unos-transplants-shepard-senate-hearing/
Same activity, same risk, same regulation
2 年??????
Marketing | Business Performance Advisor at Insperity | Advising CEOs & Business Leaders with Human Capital, HR, Benefits, Employee Retention and Compliance
2 年Palantir is highly underrated. They're doing AMAZING things for the clients they serve. Proof is in the pudding with these guys! ?? ??