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avatardar
2021-04-27

Palantir's huge potential

$Palantir Technologies Inc.(PLTR)$What does Palantir (PLTR) do?Palantir engages in government contracts to build and deploy software platforms for the intelligence community in the United States to assist counterterrorism investigations and operations. If it had stayed this course, the growth will be limited. But lately, Palantir has started to engage with enterprises in the B2B sector as well as offering artificial intelligence solutions. The potential is huge.Why is there Massive cost in Sales and MarketingIn 2020, Palantir generated a little more than $1 billion in revenue and spent $1.3 billion in sales and marketing. Now you may think that is a mismanagement. That is however not the case, it is essential to spend a substantial amount o
Palantir's huge potential
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