As part of the deal, Palantir will provide Crisis24 access to its Foundry software, helping the firm to deliver ‘enhanced analytics and insights on topics such as crime, terrorism, health, transportation and geopolitics’.
Palantir added that its ‘artificial intelligence-driven insights, combined with human intelligence, will identify risk trends as they arise and allow Crisis24 to deliver even more actionable, tailored information to its clients’.
“Every organisation must be able to understand, anticipate and react effectively to risks as they evolve,” said Alex Karp, Co-founder and CEO of Palantir Technologies. “This requires leveraging the massive amount of relevant data out there and distilling it down to usable insights.”
“This strategic partnership … will allow Crisis24 to conquer new frontiers as the most powerful and advanced source of risk intelligence and analytics in the world,” said Stephan Crétier, Founder, President, and CEO of GardaWorld and Crisis24.
Crisis24 also signed a strategic partnership with Singapore’s AETOS to provide an end-to-end security, medical and travel risk management service under the AETOS Assist brand in February this year.