It’s promoted as a complete system, but you end up paying them to build out the system to do whatever you wanted to do.
Palantir is a consultancy body shop with a dashboard product and a probably good pipeline for merging data. ( Reference - https://news.ycombinator.com/item?id=11646587 )
Pure consultancy is rated much lower ( eg. Thoughtworks if you want a reference)
Especially when the majority of your tech headcount bills by the hour and gets paid to tell the customer "Yes."
In the context of pltr, I'm saying it's not similar as Oracle/ibm and comparison is futile.