TAKE NOTE (Insights and Emerging Technology)
The U.S. Army is reconsidering its partnership with Palantir over concerns related to data ownership, possibly leading to a significant change in their contract and affecting Palantir’s financials. The revamp indicates a shift towards open-source platforms and less reliance on a single prime contractor. Analysts have responded to these developments with a bearish view on Palantir’s future stock value.
In a critical move, the U.S. Army is re-evaluating its relationship with Palantir Technologies Inc, the primary contractor of its data analytics platform. The reassessment follows discussions at an industry event in Fort Belvoir, where military officials shared their intentions to transform the platform for improved data management and autonomy. The restructuring suggests the Army may soon shift away from Palantir’s software due to concerns over who controls the data generated—a striking example of the complications arising from proprietary software in government applications.
Central to the Army’s disquiet is the need for ownership retention of data produced through their operations. The officials are advocating for a system where the Army retains full control, avoiding potential entanglements with Palantir’s commercial license intellectual property model. This conundrum reflects Palantir’s distinctive business strategy, which is currently under scrutiny.
The projected overhaul has consequent implications on Palantir’s financial prospects. The imminent contract renewal, once valued at $458 million, is anticipated to contract considerably. Additionally, as the Army seeks to diversify its vendor base, incorporating more open-source solutions, Palantir is braced to see a marked depletion in their annual contract revenue.
Market experts have responded with a downgraded outlook for Palantir’s stock market performance, signaling an anticipation of an 18% decline within a year’s time frame. The average price target takes the shares to $15.18, embodying the growing skepticism within the investment community.
Investors are being cautioned to remain vigilant and perform thorough research before engaging with Palantir’s stock, considering the uncertainties surrounding their ongoing partnership with the U.S. Army.
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UNDER DEVELOPMENT (Insights for Developers)
The Fiori Launchpad Explained
The apps are represented in a flower form on the Fiori home page application. This makes sense when you know that the word ‘Fiori’ means flower in Italian. It looks somewhat like this…
The Fiori Launchpad (FLP) from SAP is an access point for all people using Fiori applications to get to them. It is a collection of all apps created to enhance a user’s experience. It can also be defined as a personalized, role-based, contextual, and real-time aggregation point for your business analytics and applications. The FLP can be accessed from a desktop, mobile, laptop, or handheld device. With it, you will have a coherent experience with various SAP enterprise solutions by applying your user role capabilities to aggregate decomposed apps into one surface. You can use a URL on your browser or a transaction from SAP GUI to access the FLP.
This blog covers different elements to help you understand what FLP is, and its benefits.
The Role of FLP
Initially, FLP was a simple single entry point for users accessing specific products or related products like the SAP SRM and ERP, both found on NetWeaver. It then evolved into a central entry point to integrate multiple cross products that a user accesses. For instance, you could initially access the SAP enterprise portal, customer experience, SuccessFactors, and Ariba on the FLP. Currently, you can not only access and launch multiple user interfaces from one place on FLP, but you also have the federation capability of sharing the roles and content of the preconfigured FLP.
From a user’s point of view, the FLP is a starting point for all the business process coverage you need on SAP Fiori. It contains useful analytical information and tiles. From here, you can access domain-specific actions and data using a drill-down-based or analytical app before reaching an object-level transaction that allows the execution of operations on your business objects….