WOW! Palantir Client Spills The Beans About Foundry and SkyWise (Shocking)
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DISCLAIMER: All of Tom's trades, strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching To'ms videos, please Don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
Okay, so if you've been following my channel you'll, remember that a few weeks ago i told you that i'm speaking with a current user of skywise, skywise being essentially foundry developed by palantir and actually used by airbus and its actual airlines that use its airplanes. Essentially, i was speaking to a guy who was using it daily and told me phenomenal things about it, and i told you that i asked for an actual data. Some case studies some interesting examples from him, so i can show you guys now. He doesn't want to come forward, obviously, because he wasn't supposed to share this with me, but we still got it.
So i think it would be a great opportunity to learn more about palantir about skywise and about how foundry really works, because in essence skywise is just foundry for airlines check it out. So, first of all, this is quite interesting, and i did not know this so skywise and palantir actually started working on this in 2015 when they were making the a350 now the result was 33 acceleration in a350 production. Now, just to be clear, we're talking about a 320 million dollar plane, increasing production by 33 is major, but let's look at some other numbers, because this is just the beginning. I'm not an engineer and my understanding is very limited, but just based on the few examples.
I'm about to show you right now. This is revolutionary stuff, and this is of course, from a person. That's inside the system, from what i gather it seems legitimate. It doesn't seem fake, it doesn't seem like a hoax.
I have a lot of documents, i'm going to be making a few videos, but this is just the initial taste of the few things i saw which are mind-blowing, and i want to share with you just a piece of our conversation, because this made me laugh legitimately. He said this may be a little too techy for you. For me, it makes me rule because i understand exactly what they're talking about anyway feel free to pick out anything if you ever wish to share it. So obviously i have his permission to share it and we're not going to put out anything proprietary here or anything illegal, but this is definitely not publicly available stuff.
This comes straight from the inside, so let me show you first of all we have this. Let me show this so first of all, let's read this one, because this is fascinating example below a sensor which, when it fails grounds the aircraft not having the sensor data, we can see fault coming before full failure and they can monitor right away the fix if The fix is successful in real time. This is the actual slide he sent me and, as you can see right here, they can see the sensor behaving erratically here and here which basically prompts the fix before it grounds the aircraft and then, as you can see right here after the fix they replace the Sensor and then the readings become normal again, so the system pre-identifies a possible catastrophic failure. They prevent it by replacing the part and then they actually monitor to see if the fix is successful. Now this is just the beginning. Let me show you some more stuff. This is an example of a component on the engine that cools the engine by porting cold fuel from the wings through air oil heat exchanger, whatever the hell. That means i'm not an engineer.
So for me, it's definitely mumbo jumbo. If this component fails and doesn't cool properly, it can lead to significant engine issues and a big increase in fuel consumption. That part i understand, increase in fuel consumption means money and money. I understand so, let's check it out, because this is also very interesting right here.
They show you the case study how they do it. They basically monitor the actual oil temperature. So once i think the oil cooling system, the temperature, goes up, what happens? Is they identify? There's an issue? Let's read about it a little bit challenge the fuel return valve, cools the engine and idg oil by fuel circulation in case there's an issue. The engine thrust increases to compensate for that which results in a higher fuel consumption.
That means money. So, basically, when the system doesn't function properly, it increases the fuel consumption of the engine. Nothing is going to crash the plane around the plane, but just costing you more money without you, knowing it that's the equivalent of having a leak in your faucet that you can barely hear or see, but it costing you money now the solution, the skyway's predictive, algorithm, Monitoring the system raises an alert when the temperature goes above a certain threshold which they defined, and then the solution is to actually to replace it and look at this on one aircraft. They had it for two years on engine, one and one year on engine two.
We estimated that this issue cost the airline 75 000 due to higher fuel consumption on this aircraft. So just for one aircraft talking about 75 000. Imagine 10 of the fleet bleeding money, and you not knowing about it. So doesn't sound like a lot of money, but trust me airlines operate on thin margin.
That means a lot below is an idg integrated drive generator whatever that means mounted and by the way, if there's any engineers that can vet this. In the comments i'd appreciate it mounted to the engine turbine when the engine pins it spins the generator which provides power to the aircraft known to fail on aircraft from time to time. There's no real monitoring of it currently, but using predictive foundry software with ai. They can monitor everything from extra temps to pressure, clog, filter warnings, frequency escalations and, as you can see, the cost of a minor repair which is when it fully breaks, is huge.
462. 000. That's just one idg. Each engine has one combined it across a big fleet of aircraft.
That's the real money! Now we're talking massive stuff. So this is the actual part. I think the idg cost. 500 000 overhaul repair costs. 57. 000. 12 events involving idg idg overhaul repair, 684. 000..
Now this is the after implementation; basically minor repair costs, that's the preventative one. Eighteen and a half thousand twelve events, two hundred thousand dollars two hundred twenty two thousand dollars. So basically they save the airline 462 thousand dollars per year to preventative minor fix it actually otherwise cost you 684 000, so 222 from 684. That means a lot of money for an airline.
Their margins are razor, thin, one more and then we'll. Let you guys go below is a twin motor valve on an engine that gives fuel supply. Basically, there is, there are no faults given, but you can see increased operation time and the pink line is the threshold manually set within foundry to give alerts before the aircraft? Actually sees failure again, another preventative stuff right. The component was changed and uptime instantly dropped down to normal levels.
Preventing engines from shutting down is a pretty big increase in safety. This is not even about the money it's about safety, it's about not letting airplanes crash, and this is the actual slide. The effects of a misbehaving twin motor actuator can lead to incorrect valve operation affecting engine fuel supply control and, in some circumstances, engines shut down shortly. After starting historically, these component failures have often turned into flight insulation.
That means a lot of money, flight cancellations. It means hotels, airplanes on the ground. It means a lot of money, so basically a predictive maintenance work order was raised to replace the number one engine twin motor actuator on july, 2nd 2019, the twin motor actuator operation time immediately returned below threshold limit, with no further threshold breaches on crew reports. Now i have more information here.
I have two slides. I absolutely want to show you now. This is something i did not know. To be honest, this is news to me that skywise is offered by airbus at no cost, so essentially, skywise is being paid by airbus and the airlines can use it for free.
Essentially, airbus is subsidizing this for the airlines to use because it enjoys the data. So much you think airbus would have been paying for this if it was not so dramatically important for the improvement over the safety, the financial capabilities and the operational capabilities of its planes. Now this slide is a little bit abstract, but it's really important because it shows what actually the goals are. The stated goals are so skywise decreases: cost by reducing delays, preventing unnecessary removals, reducing stock levels, reducing stock levels, meaning that you don't hold as much stock as you used to, because you just don't need as much based on data that you actually analyzed discovering inward part.
Removals and more skywise increases speed through man, hours saved in avoiding manual and repetitive tasks that are not necessary. Skywise improves decision making through unprecedented visibility into data and the new insights drawn from integrated data in comparison to the worldwide fleet. Now this is very interesting, so these are some of the results from their test cases, alerts created and corresponding maintenance actions and skyways contributed to 36 less aog's aog's means airlines on the ground annually. Six percent reduction. Do you know what it means for an airline? A six percent aog reduction and 1.5 million in savings. Yes, that's what it means: 1.5 million for a 300 aircraft fleet regional carrier for that carrier; 1.5 million savings per year over nothing but analyzing your data better. It's a lot but wait there's more by integrating a full fleet historical data to accurately calculate center of gravity target. One airline unlocked savings of 850 000 over a five month period on a boeing 777 fleet alone.
So you can see here, the skyway system, which is actually being offered by airbus is also being used by the clients to analyze boeing data. That is insane that part i didn't know, because this b777 means boeing 777. That is massive, that's just hidden in there. This little gem because i mean imagine all the carriers that have boeings and airbus, the mix fleets.
I mean that means a lot number three skyways helps one flagship regional carrier tackle chronic i'm guessing. This is audio video on demand. I mean the little screens issues leading to estimated 2 million per year in savings on passenger compensation, so this is actually quite serious, imagine getting on a plane and then all of a sudden, your eight hour plane is without a tv without movie, without music, without nothing Because the screen in front of you doesn't work, obviously you're going to get compensated. So it seems like this regional carrier was paying 2 million per year in these compensations because would break down skywise actually predicted it and helped them avoid it by replacing parts before they break down saving them 2 million per year on nothing, but not having audio video Breakdowns, the simplicity of elegance here is just wild to me.
This is really good. Original carrier used skywise to identify an excess of supply and take action which resulted in a 10 reduction in minimum stock levels, and actually they learned that they can hold much less based on the data that they got from the software 84 million in capital. One flagship original carrier discovered the in one removal of 769 million in part value and 21 million in labor value that had gone unclaimed before skywise. This is massive by using skyways to look at historical data.
One airline determined that at part should be reset, instead of removed, which prevented 15 unnecessary removals. For this part per year, an operational engineer was able to identify a problem worth 12 million dollars per year by leveraging skywise data integration, analysis and modeling environment to confirm his hypothesis that they were over fueling. One locus carrier was able to delay a flight that put seven passengers in risk of missing connections instead of 140. For the first time, original care has visibility into aog driving factors, airplanes on the ground and is using this insight to design maintenance, technician, training programs and inventory management schemes that accelerate aog recovery, meaning getting planes off the ground as fast as possible. Comparing, oh sorry about that, comparing liability to the worldwide fleet's high-resolubility services gives airlines insight into which problem areas are worth pursuing. That's the power of mass knowledge, okay, so this is very interesting. These are the areas where skyways actually makes an impact maintenance, optimization engineering, reliability and alerting automated reporting, skywars liability services, inventory management, flight safety, investigation, cabin defect, management, warranty, claim management, turnaround time, analysis, fuel consumption, visibility. These are critical issues, every single one of them and, as you can see, there's a lot more where this came from.
I have a lot more of these, which i'll show in the next couple of videos, but just for today, i think that's enough. It kind of gives you an actual explanation of what exactly parliamentary does, because one of the main criticisms you hear from people who kind of hate in the companies that well, you all, don't understand what they even do. Well, here's a prime example of what foundry does not the government's foundry and by the way foundry based on the slides i've already seen, which i'm going to show you in the next couple of videos. It's a brand new product they actually developed it along with airbus.
Just a few years ago, it hasn't been launched for a few years, it's only out for a couple of years and it's revolutionizing the way airlines actually make money. This thing is huge. I hope you enjoyed this video no fluff today. No introductions by the way everything i just said here is just my opinion - might be wrong, might be an accurate might be the ramblings of a madman.
You got ta, do it on research, allegedly blah blah blah. Thank you for the channel members. Thank you for the patriots. We'll see you guys.
Next, video.
I am going to put my neck out in this bet. This video will serve Tom Nash well in history. Why do I feel this way? Palantir has been creating software for the future before the pandemic. We as humans are not great at predicting the future. However, Alex Karl at the helm of Palantir, we see evidence of excellent planning and execution through the breadcrumbs of Skywise. In essence Skywise is Foundry at the core. I might be wrong ๐ โdo your own research, this might be the ramblings of a madmanโ
Hey Tom the pltr holders wants a debate bet. You and Paul. lol
Tom does Palantir get a recurring revenue from any customer or is it a one time sale only ?
Iโm surprise Skyway didnโt tell Airbus to buy engines elsewhere as many teething issues there seems to be.
NOW – put this shizzle in cars and save the planet from old cars, unnecessary repairs, fuels saving AND consumer savings on repairs..
When I discovered Skywise during my DD about 2 months ago, I immediately went all in on Palantir. Yes, you have to read a lot and it's very technical. But when you understand what the underlying software achives, there is no going back. My only point of concern is the need of individual programming depending on the use-case with Foundry.
As an infrastructure ops eng this sounds a lot like monitoring and alerting but the type of things this tracks is very analog hence hard. Very promising tech. And weโre not even talking about the real AIML stuff yet either!
The positivity on this stock is ridiculous. Why hasn't made any significant move?
All the facts in the world cannot make up for the hate most Wall street feel forma this company. WS knows all this info. Do you think Goldman does not know it? They have PhDs just cranking out this kind of info. But pltr was founded by a conservative that works with the government including homeland security (read border protection) and liberal WS hates it. You're wasting your breath. It's the haters who are keeping this stock down, is, MMs.
Thank you for your time and effort on making a great video.
I'm curious as to how Palantir is able to detect theses issues. I mean you could just place an oscillation sensor or temperature sensor, and it would show the same things?
I am proud to be a shareholder in what will become the most powerful company in the world. PLTR will eventually know everything about everyone, making the world safer and more productive. I hope that President Trump has Peter Thiel or Alex Karp as his running mate in 2024.
Nice video Tom!
like always๐ straight forward and very informative and i love technical stuff about my holding
Thank you so much
You make me lazy to read now๐
Great rundown of Skywise's features. To give some context for the airline industry as a whole, Skywise is just another predictive maintenance software for operations and maintenance management (e.g. Boeing uses AnalytX, Air France KLM uses Prognos, etc). In this case, it looks like Airbus partnered w/ Pltr to create Skywise. And Skywise could become the best health management software out there, time will tell, but just wanted to give you a context of where it fits in the industry. Keep up the great work!
So interesting thank you.Shows how deflationary the best technology is.But to become the largest software provider in the world how is average joe like me going to implement their products.
Tom is one of the few that realizes how significant and unique Palantir is in this space and how no other parallels it! Itโs recoiling and once it can no longer be held back all the haters will have nothing but regret!
All those haters on PLTR are shorts.
Hmm, reminds me on another stock.
This some great work , you have have put lot of effort to present this ๐ thanks
careful now..hope you did your research well or CRP will call you out lol
I have talked to people that use it, what they told me got me in.
You guys are dreaming: "Approximately 80 percent of airplane accidents are due to human error (pilots, air traffic controllers, mechanics, etc.) and 20 percent are due to machine (equipment) failures." But keeping ramping it.
I love PLTR and Iโm honestly a big fan of their data analytic. Do you ever thing PLTR will branch off and actually help companies with gathering the date instead of analyzing it? Or do you think foundry and Gotham are pretty much going to be their only products (even tho they have branches of Gotham and foundry for different industries)
I, for one, welcome our new AI overlords. Hopefully theyโll remember us early investors when skynet decides which useful idiots to keep around ๐
IMO the only challenge for companies is implementing the hardware to feed the palantir software with the clean and accurate data. Lots of companies donโt have these sensors in their machine tied to get the data needed to maximise palantirโs software.
nice work, this puts you far ahead of other youtube finance channels.
Bro we love the videos and PLTR can we get some other loves from Tom we got you on PLTR bro. Find us another ๐!
Hey Tom, love you brother. My buddy works for So cal Eddison and they just bought Palantier software for their busniess. Big company hopping on the train.
Are we waiting for another US DEFENCE contract renewal that was expired this May 25th?
Reducing stock levels reduces insurance of the stock, reduces cost to perform inventory, and cost of lost money due to obsolete products. A lot of money saved in those few words.