Integrity Tool & Mold Selects Palantir to Support its Growth
Palantir Technologies Inc, a leading builder of operating systems for the modern enterprise and Integrity Mold & Tool (“Integrity”), a global pioneer in the tool and mold industry, announced a partnership to deploy Palantir Foundry across business functions at Integrity to help support the company’s growth and cement its leading position in the market.
This multi-year, multi-million dollar deal will help optimize Integrity’s operations from the factory floor to sales, product design, scheduling and engineering, helping revolutionize how the company operates and how its leaders run the business. Palantir’s Foundry operating system is designed to lead to better, data-driven decisions at all levels by using the data organisations already have and will help optimize Integrity’s assets by developing and operationalizing the company’s existing data foundation.
Founded in 2000 by a mold maker, Integrity has grown from a single plant to five facilities in three locations in North America, projecting revenue of more than C$230 million in 2023. Aware of the importance of cutting-edge technology to guarantee speed of execution and a competitive advantage over foreign manufacturers, the company has been investing in its digital transformation. For example, Integrity is setting up connectors to extract data from its machines; this machine connectivity will be extended and augmented by Palantir.
“Thanks to our talented and hardworking team, we had extracted all the potential out of our current system but wanted a more advanced data platform to reach our full potential,” said Paul DiGiovanni, Integrity’s founder and CEO. “Palantir Foundry is aligned with our desire to act with speed to push the boundaries of what is possible and will help take Integrity to a new level.”
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Palantir believes software has a critical role in ensuring the job security of tomorrow’s workforce and its technology aims to amplify, not replace, human decision making. Foundry is a vertically integrated platform that bridges the full spectrum of data operations and can be used by a workforce throughout organisations.
“Our partners at Integrity recognize that software and technology are key for North American manufacturers to compete globally and to preserve manufacturing jobs,” said David MacNaughton, president of Palantir Technologies Canada. “This partnership shows how our cutting-edge technology can benefit companies of all sizes, and we are proud to support Integrity’s pursuit of excellence.”
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Palantir’s software is currently deployed in more than 50 industries and helps power decisions in some of the most complex data environments in the world including healthcare, natural resources, manufacturing, and government. Palantir is growing in Canada, where it already employs more than 50 people and works with customers in government, finance, healthcare, energy and manufacturing.
