CONTENT FROM SOMPO HOLDINGS
Partnerships are essential. When your mission is to create
a better world, the odds of success are lower if you go
at it alone. As strong or as smart as any one person or
organization may be, joining forces with the right allies will
multiply their power to bring about positive change.
In late November 2019, two of the world’s most visionary
companies forged a new partnership: Palantir Technologies
of the United States and Sompo Holdings of Japan. At a
joint venture signing in Tokyo, they established Palantir
Technologies Japan with the aim of creating positive
change through technology. The company has the potential
to transform government and business through a suite of
advanced data integration and analytics technologies that
take digital transformation to an unprecedented level.
The new venture is the first significant foray in Asia by
Silicon Valley-based Palantir, the flagship company of
renowned tech investor Peter Thiel of Paypal. Palantir’s
Foundry platform has a roster of clients that spans the
public and private sectors, and includes industries such
as aviation, financial services, healthcare, manufacturing,
and logistics. Palantir’s Gotham platform has enabled
government agencies to analyze data to deliver intelligence
and forensic analytics for global safety and security.
“We have the privilege of partnering with some of the
most innovative and enduring companies in the world,
including SOMPO, a leader in its field,” said Dr. Alexander
Karp, co-founder and CEO of Palantir Technologies. “Our
joint venture investment in Japan reflects our belief that
the union of industrial expertise, built over decades on the
front lines of business, together with the right software
will be the primary driver of economic outperformance
moving forward.”
We co-founded Palantir
Japan to promote
the security, health, and
wellbeing of Japanese
organizations and society.NEWLY FOUNDED PALANTIR TECHNOLOGIES JAPAN WILL BE A FORCE FOR GLOBAL INNOVATION
An Alliance to Advance Society“We co-founded Palantir Japan to promote the security,
health, and wellbeing of Japanese organizations and society.
Palantir Japan will provide a world-class platform solution to
support intelligent decision-making,’’ said Koichi Narasaki,
Group Chief Digital Officer, Executive Vice President and
Executive Officer, Sompo Holdings, and Chief Executive
Officer of the new company.SOMPO, one of Japan’s largest insurance and healthcare
companies, is at the forefront of next-generation business
methods and technologies in the more than 30 countries
where it operates. The company is devoted to building what
it calls “A Theme Park for Security, Health and Wellbeing.”Rather than merely responding after a disaster, accident, or
other events, SOMPO sees its role as an architect of health
and safety. It provides solutions that reduce the likelihood of
accidents, illnesses, or other negative occurrences.Palantir’s software turns massive datasets into usable assets
for daily decisions. Gotham and Foundry allow analysts to
detect patterns and relationships that otherwise go unseen,
unlocking the full potential of artificial intelligence. Imagine
the ability to identify markers for disease years before they
affect your health. Or envision plugging holes in cyber-
defenses before hackers ever discover them.This work is taking the promise of AI and making it
operational. Gotham and Foundry are designed to enhance
privacy and civil liberties. They provide the right users the
secure data they need to take action.As partners in an era of profound change, SOMPO and
Palantir have pledged to work together to ensure this new
era in one that will be safer and healthier for everyone.SOMPO—Japan’s traditional insurance provider—
is transforming into a global force for innovation,
advanced technology, health and wellbeing.