Palantir Was Awarded 8 New Patents Today - See Them Here.
Patents are important for any software company trying to protect the intellectual property around the technology they create.
Although enforcing software patents is not that easy if they are copied, having patents to legally declare that your company is the original inventor of an idea lets the market and investors know that this company created a technology unique to them, allowing them first mover advantage to implementing the proprietary technology into their software.
Palantir began applying for many of these patents years ago and now are being granted them. For a breakdown of patents they received a month ago, you can watch this. Most patents have to deal with how the company manages, stores, and systemizes data integration.