NHS Federated Data Platform contract could quadruple Palantir’s UK public sector revenue, says GlobalData

With US data giant Palantir Technologies expected to win a £360 million contract with the NHS Federated Data Platform (FDP) across the UK public sector;

Dean Sabri, Principal Analyst for UK Health and Social Care at GlobalData, a leading data and analytics company, offers his view:

“Winning the £360 million FDP contract would represent a massive increase in UK public sector revenue for Palantir Technologies. The company has won several other large deals within the UK public sector, valued at £93 million to date. This includes contracts with the Ministry of Defence (MoD) worth £46 million and contacts worth £25 million with the NHS.

“Supplying short-term data analytic platforms results in being awarded larger, more valuable contracts further down the line. On four occasions over the previous two years, short-term deals for data integration services have been awarded by the MoD to Palantir. Consequently, earlier this year, Palantir won a longer, £10 million contract to provide the same service. Therefore, it is likely that Palantir will secure the contract to provide the FDP to the NHS following its work on the data management platform.

“Once in situ, the FDP will combine all data on individual patients, waiting lists and medical trials from various sources and formats into a single platform. It will rely on the data platforms deployed at Trust and integrated care system (ICS) level to gather and correctly input the information accurately. Those systems will also need to have standards in place which enable open working through APIs.

“This, combined with the recent Data Saves Lives strategy for ‘smaller discrete services built to work with national systems’, could see reduced opportunities for new entrants to the NHS data platform market as more Trusts opt for systems provided at a national level.”

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