The Real Lesson for Data Science That is Demonstrated by Palantir’s Struggles

11 May 2016 By Roger Peng Share this on → Twitter | Facebook | Google+ Buzzfeed recently published a long article on the struggles of the secretive data science company, Palantir. Over the last 13 months, at least three top-tier corporate clients have walked away, including Coca-Cola, American Express, and Nasdaq, according to internal documents. Palantir mines data to help companies make more money, but clients have balked at its high prices that can exceed $1 million per month, expressed doubts that its software can produce valuable insights over time, and even experienced difficult working relationships with Palantir’s young engineers. Palantir insiders have bemoaned the “low-vision” clients who decide to take their business elsewhere. Palantir’s origins are with PayPal, and its founders are part of the PayPal Mafia. As Peter…


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