Palantir SPAC Babylon Health Selects Google Cloud To Assist With Data
Early last week, I reported on a story for how GCP (google cloud platform) was working with Palantir to recommend their software to public sector clients.
Today, Babylon Health (a Palantir SPAC investment) has decided to pick Google Cloud to help with their processing of data and cloud computing.
As first reported on Digitalhealth.net,
"Babylon Health has selected Google Cloud as its latest company to join its hybrid-cloud infrastructure in a bid to speed up access to patient data.
Babylon’s digital platform uses AI and machine-learning technology, and works in partnership with providers to deliver healthcare and information when and where it’s needed. It has turned to Google Cloud to find a solution to the need to securely store and analyse the increasing volume of sensitive data it was collecting.
The partnership has seen Babylon speed up its data processing to reach an average of 190 TB of data daily, compared to 1 TB per week. This has enabled the company to focus on delivering improved healthcare and makes it far more scalable for the future."
Babylon is starting to manage a lot of data at scale. As a result, working with cloud compute providers that allows them to free their focus from processing data to helping customers is incredibly valuable to them.
“We are not in the business of building a platform, we knew we could go further faster if we brought in an external supplier instead of building everything in-house,” says Richard Noble, engineering director of data at Babylon. “We chose Google Cloud because we knew it could scale with us and support us with our data science and analysis and we could build the tools we needed with it quickly. It offers the solutions that enable us to focus on our core business, access to health.”
Why This Interested Me
Many choices exist when it comes to cloud-computing. AWS, Azure, GCP, and more are out there for companies to choose from.
Since Palantir is now working with GCP to offer their platform on top of Google's cloud computing platform, it was interesting to see a Palantir SPAC using Foundry to also choose GCP over a different platform like AWS.
It doesn't signal any relationship between the three companies, but it does give a bit of insight into why Foundry may have a solid working relationship when it is being leveraged on GCP.
Foundry can be used on any major compute platform, and Palantir has made it known that they want to integrate with companies and their existing data warehouses, not replace them to sell an all in one solution.
If Foundry is able to work cohesively with major cloud providers to the point where Google is starting to actively market their product for them to their public sector clients, it signals an ability for the company to really go after mid-sized businesses that don't want the entire Palantir product but do want modular elements of it to build on top of their current cloud platforms.
Babylon being a Palantir SPAC and choosing to use Google while also using Palantir is another example of companies having specific use cases for what Palantir can do for them that is separate from what their cloud compute provider is aiming to do.
More companies that can hook up Palantir to their existing services, more growth for Palantir.