Accenture and Palantir Expand Global Strategic Partnership to Drive AI Reinvention

Accenture and Palantir Expand Global Strategic Partnership to Drive AI Reinvention

• Accenture Palantir Business Group launched to help enterprises scale AI and improve operational decision making by integrating siloed data
• Palantir names Accenture as a preferred global partner for enterprise reinvention

NEW YORK–(BUSINESS WIRE)–
Accenture (NYSE: ACN) and Palantir Technologies Inc. (NASDAQ: PLTR) have formed the Accenture Palantir Business Group designed to accelerate the delivery of advanced AI and data solutions that power new value and drive growth for global clients. As part of the relationship, Accenture has been named a Palantir preferred global partner for enterprise transformation.

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“With this significant expansion of our ecosystem partnership with Palantir, our clients can accelerate advanced AI across the enterprise and deliver business outcomes faster,” said Julie Sweet, chair and CEO, Accenture. “In our focus areas, the combination of Accenture’s broad industry and functional experience with Palantir’s powerful platforms will help enable organizations to build AI and data solutions and develop scalable enterprise AI systems that drive reinvention, create value and foster growth.”

“Our expanded partnership with Accenture will help enterprises transform themselves at speed and scale using Palantir’s platform,” said Dr. Alex Karp, Palantir CEO and co-founder. “I am excited that our partnership will further accelerate the impact that both Accenture and Palantir are having in deploying AI-powered decision intelligence capabilities across industries.”

The Accenture Palantir Business group will be supported by dedicated forward deployed engineers (FDEs) from Palantir and more than 2,000 Palantir-skilled Accenture professionals with deep industry and functional experience and Accenture FDEs to help accelerate the reinvention of business processes with Palantir’s platforms. The teams will work side-by-side with clients to move from siloed data to integrated, AI-powered decision making. With momentum already across government, energy and oil and gas sectors, the business group will further work with clients on select industry use cases including healthcare, telecommunications, manufacturing, consumer goods and financial services.

The group will have a particular focus on the complex operations of data center and AI infrastructure programs that are critical to economic resilience. The companies will help clients leverage Palantir Foundry and Artificial Intelligence Platform and tap into secure computing power in complex commercial and mission critical environments.

Forward Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, that the partnership might not achieve its anticipated benefits and risks and uncertainties related to the development and use of AI, including advanced AI, could harm our business, damage our reputation or give rise to legal or regulatory action, as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

About Accenture

Accenture is a leading solutions and global professional services company that helps the world’s leading enterprises reinvent by building their digital core and unleashing the power of AI to create value at speed across the enterprise, bringing together the talent of our approximately 779,000 people, our proprietary assets and platforms, and deep ecosystem relationships. Our strategy is to be the reinvention partner of choice for our clients and to be the most AI-enabled, client-focused, great place to work in the world. Through our Reinvention Services we bring together our capabilities across strategy, consulting, technology, operations, Song and Industry X with our deep industry expertise to create and deliver solutions and services for our clients. Our purpose is to deliver on the promise of technology and human ingenuity, and we measure our success by the 360° value we create for all our stakeholders. Visit us at accenture.com.

About Palantir

Foundational software of tomorrow. Delivered today. Additional information is available at palantir.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir’s expectations regarding the amount and the terms of the contract and the expected benefits of Palantir’s software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond Palantir’s control. These risks and uncertainties include the ability to meet the unique needs of customers; the failure of Palantir’s platforms to satisfy customers or perform as desired; the frequency or severity of any software and implementation errors; Palantir’s platforms’ reliability; and customers’ ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings Palantir makes with the Securities and Exchange Commission from time to time. Except as required by law, Palantir does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

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Hannah Unkefer

Accenture

+1 206 839 2172

[email protected]

Lisa Gordon

Palantir

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Data Management Apps/Applications Technology Software Networks Artificial Intelligence

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Accenture and Palantir Technologies Inc. have formed the Accenture Palantir Business Group designed to accelerate the delivery of advanced AI and data solutions that power new value and drive growth for global clients.