- Europe pilot of Palantir AIP for OCTG supply-chain AI ran in 2025 to validate data-driven SCM use cases.
- Introduction at European bases scheduled from fiscal 2026, with phased feature expansion and potential wider regional rollout.
- Project partners: Sumitomo Corporation, Ascend SC, Palantir Technologies (licensed via Palantir Japan KK) and SCSK Europe, targeting inventory, processing-plan and billing decision support.
Background
Sumitomo Corporation has over 30 years of sales and supply-chain experience for oil country tubular goods (OCTG), a specialized business requiring inventory tailored to varied well specifications, just-in-time delivery and frequent schedule adjustments; a 2025 Europe pilot validated AI use on real business data.
Initiative details
Sumitomo will deploy Palantir Artificial Intelligence Platform (AIP) via a license agreement executed through Ascend SC and Palantir Japan KK to add AI-based decision support for inventory optimization, processing-plan optimization and billing efficiency, using accumulated data on inventory, ordering, processing and billing.
Timeline, partners and rollout
Platform design and development preparation are underway with introduction at European bases planned from fiscal 2026, followed by phased feature expansion and consideration of sequential deployment to other regions; project partners include Sumitomo Corporation, Ascend SC, Palantir Technologies (licensed via Palantir Japan KK) and SCSK Europe, targeting OCTG supply-chain operations for energy customers.