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AirAsia signs Palantir as its data science partner


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AirAsia has announced that it has engaged Palantir as its strategic data science partner.

Palantir, a company based in Palo Alto, California that specialises in big data analysis, will work with AirAsia to carry out data science projects on their platform across our various business functions over the next five years.

These functions will include guest experience, inflight sales, route revenue, finance, security, flight operations, network planning, cargo, supply chain management, commercial and people development.

Projects will include building “customer-obsessed” data-backed models, providing visibility and improving efficiency across our operations, improving efficiency in procurement and inventory management and providing technical and analytical training for our Allstars.

AirAsia Group CEO and AirAsia X Co-Group CEO Tan Sri Tony Fernandes said, “Data is the biggest asset we have. But data is also meaningless if you can’t make sense of it. That’s where Palantir comes in - to help us understand the data and the relationships between them, from operations to commercial to guest experience.

“This will allow us to drive exponential growth as we shift to the next stage of value-creation. We are going to set the standard for how airlines use data to increase revenue - we’re projecting a 5 percent uptick in Group revenue - reduce costs, boost efficiency and create a truly personalised guest experience, and we are thrilled to have Palantir as our partner on this.”

Palantir CEO and Co-Founder Alex Karp said, “AirAsia is at the forefront of innovation in aviation. Tony Fernandes has built a pathbreaking organisation in a vital industry, and we could not be more proud to have AirAsia as a partner.”

 

http://www.malaysian-business.com/index.php/general-news/item/2094-airasia-signs-palantir-as-its-data-science-partner

 

Palantir Technologies is a private American software company that specializes in big data analytics. Headquartered in Palo Alto, California, it was founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp. The company's name is derived from The Lord of the Rings: a palantír is an artifact used to communicate with or see faraway parts of the world.

The company is known for two projects in particular: Palantir Gotham and Palantir Metropolis. Palantir Gotham is used by counter-terrorism analysts at offices in the United States Intelligence Community (USIC) and United States Department of Defense, fraud investigators at the Recovery Accountability and Transparency Board, and cyber analysts at Information Warfare Monitor, while Palantir Metropolis is used by hedge funds, banks, and financial services firms.[3][4] Palantir's original clients were federal agencies of the USIC. It has since expanded its customer base to serve state and local governments, as well as private companies in the financial and healthcare industries.

https://en.wikipedia.org/wiki/Palantir_Technologies

 

AirAsia was established in 1993 and began operations on 18 November 1996. It was founded by a government-owned conglomerate, DRB-HICOM. On 2 December 2001, the heavily indebted airline was bought by former Time Warner executive Tony Fernandes' company Tune Air Sdn Bhd for the token sum of one ringgit

https://en.wikipedia.org/wiki/AirAsia

 

https://en.wikipedia.org/wiki/AirAsia

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