Fujitsu invests $50m into Palantir Technologies

Maria Nikolova

Fujitsu will become Palantir Japan’s sole Flagship Technology Partner in Japan and sell its DX Services to complement Palantir’s software platforms.

Fujitsu Ltd (TYO:6702) today announces that it has formed a strategic partnership with Palantir Technologies Japan, and Palantir Technologies Inc.

As part of this agreement, Fujitsu will become Palantir Japan’s sole Flagship Technology Partner in Japan and sell its DX Services to complement Palantir’s software platforms. Fujitsu has also invested $50 million into Palantir Technologies Inc. as a strategic investment to demonstrate its commitment to the partnership, as well as its aim to become a dominant player in the rapidly growing big data analysis market.

As part of their new strategic partnership, Palantir, Palantir Japan, and Fujitsu will deliver their technologies and experience to various industries and customers throughout Japan. By combining Palantir’s platforms and success across industries with Fujitsu’s information and communication technology (ICT) capabilities and extensive experience supporting customers in their DX journeys, the partners will enable Japanese customers to achieve transformational outcomes against their core missions. Fujitsu’s experience working with all branches of the Japanese government and commercial institutions will provide the partners with an added layer of regional expertise.

In the future, Fujitsu aims to continue to strive to resolve customers’ management issues, while deploying a data platform service that contributes to the achievement of Sustainable Development Goals (SDGs) by tackling a variety of social challenges relating to smart cities and disaster prevention and mitigation. Fujitsu’s partnership with Palantir Japan underlines its ongoing commitment to leveraging world-class technology while promoting sustainable DX for its customers.

Read this next

blockdag

Blockchain World Backs BlockDAG As The Best Performing Crypto With 30,000x ROI Potential, Beats Dogwifhat and Pepe Cryptos

Standing out among competitors like Dogwifhat (WIF) and Pepe (PEPE), BlockDAG is lauded by BLockChainWorld as the best-performing crypto with robust presale momentum.

Market News

Navigating Shifting Sands: Recession Risks and Global Commodity Trends

Regardless of the outcome of last Friday’s US labor market data, our indicators for the risk of recession have fallen surprisingly over the past few days: The ‘Macro Fever Curve’ fell from 100% recession risk to 86%…

blockdag

BlockDAG Introduces 10 New Crypto Deposit Methods As Presale Explodes To $23.6M; More On Shiba Inu and Avalanche Prices

Discover BDAG’s role in forecasting Shiba Inu prices and influencing Avalanche market trends with innovative payment methods, strategic investment phases, and a liquidity boost of $100 million.

Market News, Tech and Fundamental, Technical Analysis

EURJPY Technical Analysis Report 7 May, 2024

Given the prevailing daily uptrend, EURJPY currency pair can be expected to rise further toward the next resistance level 168.00.

Fintech

AS LPB Bank is transitioning to AS Magnetiq Bank and will henceforth focus on the FinTech and e-commerce sectors

AS LPB Bank officially changed its legal name to AS Magnetiq Bank, while also introducing a new brand visual identity.

Inside View

Finalto explains how brokers can better engage new retail traders

Marketing to a New Kind of Trader: (Without Alienating Your Main Audience) addresses the new challenges and opportunities faced by brokers amid spiking retail investor activity since 2021, which now accounts for nearly 25% of the total trading volume in the equities market. 

Industry News

UK FCA bans and fines ex-Shard James Lewis £120k

The regulatory agency claims that, in both instances, James Lewis knew the information he provided would be used to produce the clients’ annual accounts, and that’s why he misstated.

Market News

Rivian Stock Moves Higher Amid Mounting Anticipation for Q1 Report

The anticipation surrounding Rivian Automotive’s first-quarter earnings report has sent its stock on a rollercoaster ride of volatility.

Institutional FX

Amwal deploys Broadridge’s investment management platform

“We are delighted to provide Amwal Capital Partners with the technology they need to drive new efficiencies and automate their key processes, allowing them to make better-informed investment decisions and effectively manage their overall risk.”

<