Palantir’S Novel Patents Shed Rare Lite On Its Information Methods
Following upward on Apr 12's "Very Creepy Google in addition to Amazon Patents (AMZN; GOOG)".
From CB Insights:
From CB Insights:
Palantir is i of the world's most opaque and influential information companies. We dig into its patents as Facebook's information privacy scandal refocuses media attending on how personal information is used inwards business and beyond.
Palantir Technologies, a privately owned Silicon Valley-based tech company, sells a suite of software for integrating, visualizing, in addition to analyzing the world’s data.
Little is known most Palantir’s technology scientific discipline or products. Recently, reports surfaced that an employee of Palantir helped Cambridge Analytica mine millions of Facebook profiles inwards 2014, which could deepen scrutiny of Palantir.
Given the secrecy surrounding the company, whatever visibility into the company’s methods is useful inwards catching a glimpse into how it goes most mining information in addition to extracting value from it for clients.
H5N1 cluster of lately published patent applications— two of them only concluding calendar week — demo that:
Together, Palantir’s patent applications render forward-looking insight into the company’s corporate production strategy in addition to innovation, every bit good every bit where bleeding-edge population-data in addition to analytics technology scientific discipline is headed. While an private patent powerfulness alone endure a sketch of a potential product, taken together, activity across several patents tin let on strategic administration in addition to priorities.
- Palantir wants to endure able to parse datasets every bit large every bit trillions of electronic mail messages.
- It wants to role household data such every bit income in addition to other signals to predict consumers’ futurity actions, such every bit cancelling a subscription service.
- In a real “Minority Report” type patent, Palantir also wants to role information points connected to individuals to predict futurity criminal activity.
It’s worth noting that Palantir’s products in addition to services are already deployed inwards the military, intelligence, police describe enforcement, in addition to fiscal communities to deal crime.
Indeed, Palantir was partially seed-funded past times the CIA’s venture arm, In-Q-Tel. And Palantir only won an $876M contract to render information administration software to the U.S. of America Army.
Also annotation that Palantir has been granted patents inwards the next areas over the concluding several years. However, the patent applications nosotros investigate below detail the most recent iterations of those designs.
Mining in addition to combining the world’s data:
Patent application published: March 22, 2018
Palantir is edifice technology scientific discipline to mine in addition to analyze multiple petabytes of data. That’s lots of data. For reference, neurologists jurist that the human brain’s powerfulness to shop memories is equivalent to most 2.5 petabytes. Facebook hosts around 300 petabytes of information inwards total. Palantir can mine both structured in addition to unstructured information from the internet, every bit good every bit integrate the databases of third-parties into its system.
The innovation outlined inwards the patent application is capable of “ingesting information from disparate heterogeneous information sources inwards a unmarried information repository.” The application notes that input information may include transaction logs of banks, telephone telephone information records, figurer network access logs, e-mail messages of a corporation, or other potentially high-volume information that may comprise upward to billions to trillions of records.
Palantir’s overall destination is to endure able to accept that information in addition to efficiently identify information of interest. With this tool “analysts tin investigate top-down trends, behaviors, in addition to activities, or bear bottom-up target centric analysis”.
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