[3] Palm enrolled at the School of Electrical Engineering at the Royal Institute of Technology in Stockholm in 1925, being awarded his M.Sc.

(1940) and Ph.D (1943) on a dissertation entitled Intensitätsschwankungen im Fernsprechverkehr (Intensity Fluctuations in Telephone Traffic).

Palm's work was also joint with L. M. Ericsson, cooperating with Christian Jacobæus.

He attended Harald Cramér's queueing theory group, met William Feller (1937).

[3] Later, Palm was in the Swedish Board for Computing Machinery (Matematikmaskinnämnden), where he led the project that developed the first Swedish computer, the BARK (1947–51), informally referred to as CONIAC (Conny [Palm] Integrator And Calculator).