Thread by @MrDarnton

🍣This is BIG.

🥢😭Alex Karp just met the Japanese Government for a special discussion.

😕Investors are asking - why?

👹Japan holds BIG secrets for Palantir.

$PLTR #palantir

Palantir’s, Alex Karp, recently visited Japan in order to discuss Palantir & the future relationship with the nation.

Investors in Palantir may know that the innovative data mesh product for Palantir has been used within Japan firstly, before later deployment around the globe.

The biggest feature is that a pay-as-you-go price has been newly set. It supports data migration to Data Mesh for free, and there is no storage usage fee for the storage destination.

Since there is no minimum usage period or additional charges, not only large companies but also small and medium-sized enterprises can start using the service with a small start with less risk.

James Neil of the company said, “Providing Data Mesh in advance in Japan is based on our desire to deal with more Japanese companies. Try to work in the Japanese market and proceed step by step.

"I found that many organizations think that it is necessary to continue.

I believe that this Data Mesh will support the modernization of the data infrastructure of more Japanese companies and bring about change.”

Palantir Japan, which has a high track record in the world, was established in Japan in 2019 in partnership with SOMPO Holdings. The reason for creating a joint venture is that Japan has a wealth of real data.

According to media reports, OMPO and Palantir will work together while a business model that makes use of this has not yet been created, and there is a possibility that it will be possible to create solutions that were unthinkable in Japan and disseminate them to the world.

Interestingly, according to recent data Japan is facing an aging population crisis, and issues associated with healthcare management.

The Japanese super-aged’ society is the oldest in the world. Over, 28.7 % of the population are 65
or older, with women forming the majority.

Within a recent article released by the Japanese Government, the Japan’s Growth Strategy includes ambitious plans to build on strengths in infrastructure and devices to tap into the market for big data services and become a world leader in IT.

READ HERE:

darntons.com/2022/06/11/wow…