Palantir is a vertically integrated outcome-based software solution provider. It offers tech consulting and software services with a unique outcome-based model that lets it bypass the traditional trade-offs of both traditional consulting and software companies. It is vertically integrated because it has an extreme elitist attitude towards using its own software and services, unlike the rest of the market, which is much more polyamorous. There's little hope of any company being able to catch up to Palantir as investors allow the company to do R&D over an extremely long and unspecified time horizon.