ServiceNow vs. Palantir: Both Sell AI SaaS Platforms to Governments and Enterprises. Here's the Number That Actually Separates Their Growth Rates.

ServiceNow and Palantir both sell AI SaaS platforms to governments and enterprises, but their growth trajectories differ significantly. ServiceNow demonstrates steady, durable growth of 20%+ driven by AI expansion within its large existing customer base and $29 billion backlog. Palantir, however, is accelerating much faster with U.S. commercial revenue surging 149% year-over-year, indicating rapid new commercial adoption beyond its traditional government business. The key distinction is that ServiceNow monetizes an established base while Palantir's AIP platform is driving explosive new enterprise customer acquisition.