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But not only working with the government can be sticky for Palantir's customers and lead to high switching costs.
Source: https://seekingalpha.com/article/4614565-palantir-buy-sell-or-hold?source=feed_all_articles
The demand weakness, however, weighed on Palantir's 2023 revenue forecast, which at between US$2.18 billion (A$3.13 billion) and US$2.23 billion was below the US$2.29 billion estimated by analysts, according to Refinitiv.
This has made Palantir's shares rise sharply, as analysts and investors had expected a weaker operational performance.