Investorideas.com breaking new for AI and tech stocks

Friday, February 15, 2019

The #AIEye: NVIDIA ( $NVDA) Announces Record Full-Year Revenue Despite Disappointing Q4, Veritone #aiWare ( $VERI) Used By College #Football Playoff




The #AIEye: NVIDIA ( $NVDA) Announces Record Full-Year Revenue Despite Disappointing Q4, Veritone #aiWare ( $VERI) Used By College #Football Playoff

Global #AI in CRM Market to Reach $123.28 Billion by 2024 with 40.19% CAGR

Point Roberts WA , Vancouver BC – February 15,  2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.




Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Global AI in CRM Market to Reach $123.28 Billion by 2024 with 40.19% CAGR

A report from Zion Market Research projects that the global AI in customer-relationship management (CRM) will reach $123.28 billion USD by 2024 with a compound annual growth rate (CAGR) of 40.19 percent in the forecast period 2018-2024. An excerpt from the report analysis reads:

The growth of AI in CRM is mainly attributed to increasing focus on customer engagement paired with developing customer-centric approach amongst the service providers. Additionally, increasing demand from small- and medium-sized enterprises are predicted to contribute to the growth of this market significantly in the near future. However, a limited number of AI experts in the market may hinder the market growth in the near future. Even so, solutions for business specific problems paired with increasing investment by the market participants are expected to create massive opportunities in the forecast period.


NVIDIA Announces Record Full-Year Revenue Despite Disappointing Q4, Veritone aiWare Used By College Football Playoff and BrainChip Partners With Novo Technologies
Stocks discussed: (NasdaqGS:NVDA) (NasdaqGM:VERI) (ASX:BRN)

NVIDIA Corporation (NasdaqGS:NVDA) has announced its financial results for the fourth quarter and fiscal 2019. Though the last quarter’s revenue of $2.21 billion was down from the previous year, the company scored a record full-year revenue of $11.72 billion, up 21 percent from the previous year. Jensen Huang, founder and CEO of NVIDIA, is undeterred following the disappointing fourth quarter:

“Despite this setback, NVIDIA’s fundamental position and the markets we serve are strong. The accelerated computing platform we pioneered is central to some of world’s most important and fastest growing industries – from artificial intelligence to autonomous vehicles to robotics. We fully expect to return to sustained growth.”

Veritone, Inc. (NasdaqGM:VERI) has revealed that the College Football Playoff (CFP) utilized the company’s Live Event Services and aiWARE artificial intelligence platform 2019 CFP National Championship. According to the press release:

“…the CFP was able to apply artificial intelligence to video footage and still images of press conferences, interviews and other Media Day events to produce transcriptions, automated facial recognition of players and coaches, logo identification, and other tasks enabling expedited and enhanced coverage of the 2019 College Football Playoff National Championship.”

BrainChip Holdings Limited (ASX:BRN) has signed a strategic partnership agreement with surveillance provider and distributor Novo Technologies to sell AI-powered video analytics solutions in Greece and Cyprus. BrainChip’s Director of EMEA Sales, Luis Coello commented:

“We are delighted to welcome Novo Technologies to BrainChip’s fast-growing European reseller network. This new collaboration with Novo Technologies further increases our global footprint and the range of video surveillance applications to sell and deploy this year.”

Sam Mowers, Investorideas.com


For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member




About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 
The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, contents creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp ,

Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.

Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

The AI Eye-  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com

Contact Investorideas.com
800 665 0411

Thursday, February 14, 2019

The #AIEye: IBM ( $IBM) to Invest $50 Million in Research With Hospital and Medical Center and Qualcomm ($QCOM)





The #AIEye: IBM ( $IBM) to Invest $50 Million in Research With Hospital and Medical Center and Qualcomm ($QCOM)

Global #AI Chipset Market to Approach $13.4 Billion USD by 2023

Point Roberts WA , Vancouver BC – February 14,  2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:



Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Global AI Chipset Market to Approach $13.4 Billion USD by 2023

Mind Commerce has published new research via In For Growth, indicating that the global AI chipset market will approach $13.4 billion USD by 2023, with the US generating over $3.5 billion. An excerpt from the report summary reads:

The AI chipset marketplace is poised to transform the entire embedded system ecosystem with a multitude of AI capabilities such as deep machine learning, image detection, and many others. This will also be transformational for existing critical business functions such as Identity management, authentication, and cybersecurity.

Multi-processor AI chipsets learn from the environment, users, and machines to uncover hidden pattern among data, predict actionable insight, and perform actions based on specific situations. AI chipsets will become an integral part of both AI software/systems as well as critical support of any data-intensive operation as they drastically improve processing for various functions as well as enhance overall computing performance.


IBM to Invest $50 Million in Research With Hospital and Medical Center and Qualcomm, Accenture and Kellogg Team to Develop VR Merchandising Solution
Stocks discussed: (NYSE:IBM) (NasdaqGS:QCOM) (NYSE:ACN) (NYSE:K)

IBM, (NYSE:IBM) through Watson Health, plans to invest $50 million in research collaborations with Brigham and Women's Hospital, a teaching hospital of Harvard Medical School, and Vanderbilt University Medical Center - to advance the science of artificial intelligence (AI) and its application to major public health issues. Work with the two institutions will concentrate on developing solutions to health issues best suited for AI. Kyu Rhee, M.D., M.P.P., vice president and chief health officer at IBM Watson Health, commented:

"Building on the MIT-IBM Watson Lab announced last year, this collaboration will include contributions from IBM Watson Health's long-standing commitment to scientific research and our belief that working together with the world's leading institutions is the fastest path to develop, advance, and understand practical solutions that solve some of the world's biggest health challenges.”

QUALCOMM Incorporated (NasdaqGS:QCOM) subsidiary Qualcomm Technologies, Accenture (NYSE:ACN) and Kellogg Company (NYSE:K) are collaborating to develop and pilot a virtual reality merchandise solution. The VR merchandising solution utilizes a Qualcomm VR reference design headset, powered by Qualcomm Snapdragon 845 Mobile VR Platform and is developed by the Accenture Extended Reality (XR) practice. Testing was done in collaboration with Kellogg around the launch of their Pop Tarts Bites product. Raffaella Camera, global head, Innovation & Market Strategy, Accenture Extended Reality, explained the tech:

“Our VR merchandising solution has the potential to transform product placement by examining consumer buying behavior in a holistic way. By combining the power of VR with eye-tracking and analytics capabilities, it allows significant new insights to be captured while consumers shop by monitoring where and how they evaluate all products across an entire shelf or aisle. Ultimately, this enables product placement decisions to be made that can positively impact total brand sales, versus only single product sales.”

Sam Mowers, Investorideas.com


For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member




About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 
The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, contents creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp ,
Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.


The AI Eye-  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com

Contact Investorideas.com
800 665 0411










Wednesday, February 13, 2019

Investorideas.com Newswire - The #AI Eye: IBM ( $IBM) Makes #Watson Widely Available, Nuance Signs Distributor Agreement With Redington and Gridsum Forms Strategic Partnership With New H3C Group

Investorideas.com Newswire - The #AI Eye: IBM ( $IBM) Makes #Watson Widely Available, Nuance Signs Distributor Agreement With Redington and Gridsum Forms Strategic Partnership With New H3C Group



The #AI Eye: IBM ( $IBM) Makes #Watson Widely Available, Nuance Signs Distributor Agreement With Redington and Gridsum Forms Strategic Partnership With New H3C Group

Global AI in Telecommunications to See CAGR of 42.16% from 2019-2023


Point Roberts, WA and Vancouver, BC - February 13, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and advancements in artificial intelligence.
Listen to today's podcast:

The #AI Eye: IBM ( $IBM) Makes #Watson Widely Available, Nuance Signs Distributor Agreement With Redington and Gridsum Forms Strategic Partnership With New H3C Group

Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Global AI in Telecommunications to See CAGR of 42.16% from 2019-2023

Newly published research from ReportLinker indicates that the global artificial intelligence in telecommunications market will see a compound annual growth rate (CAGR) of 42.16 percent in the forecast period 2019-2023. An excerpt from the report summary reads:
The upsurge in mobile data traffic & smartphone users across the world and the integration of AI with newer wireless networks will necessarily drive the global AI in the telecom market.Concerns related to incompatibility, the unreliability of artificial intelligence algorithms, lack of skilled personnel & difficulties in the protection of confidential & private data are the primary challenges faced by the market players.
With the proliferation of the microcomputer, advanced microprocessor and improved network connection in the 1990s and 2000s, researchers have designed new AI systems for telecom industry that helped in increasing the operational efficiency with the expertise of telecom operators.

IBM Makes Watson Widely Available, Nuance Signs Distributor Agreement With Redington and Gridsum Forms Strategic Partnership With New H3C Group

Stocks discussed: (NYSE:IBM) (NasdaqGS:NUAN) (BSE:REDINGTON) (NasdaqGS:GSUM)

IBM (NYSE:IBM) has made its AI platform Watson widely available. According to the press release, it is now "portable across any cloud and empowered businesses to prevent vendor lock-in and start deploying AI wherever their data resides". Rob Thomas, General Manager of IBM Data and AI, said:
"Businesses have largely been limited to experimenting with AI in siloes due to the limitations caused by cloud provider lock-in of their data. With most large organizations storing data across hybrid cloud environments, they need the freedom and choice to apply AI to their data wherever it is stored. By breaking open that siloed infrastructure we can help businesses accelerate their transformation through AI."
Nuance Communications, Inc. (NasdaqGS:NUAN) has signed a distributor partnership with Indian company Redington Limited (BSE:REDINGTON) for the former's Dragon speech recognition software. Derek Austin, Nuance's Sales Manager Asia Pacific, commented:
"We are delighted to announce our new partnership with Redington. Nuance Dragon technology is the world's leading speech recognition solution for writing documents and demand for Dragon continues to build. Our partnership with Redington will extend local reseller access to our Dragon platform, grow our end-user customer base, and support our partner-centric distribution strategy."
Gridsum Holding Inc. (NasdaqGS:GSUM) has formed a strategic partnership with digital solutions provider New H3C Group. The partnership is aimed at building at platform to foster industrial transformation and digitization. Mr. Guosheng Qi, Chief Executive Officer of Gridsum, commented:
"New H3C is helping to drive the innovation of digital solutions across China's many industries. We are excited to have the opportunity to work with them to apply our cutting-edge technologies to the manufacturing process. Both companies share a similar philosophy and vision for the future and believe this will greatly benefit China's efforts to [digitize] and transform industries."
Sam Mowers, Investorideas.com

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Playsports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI. 
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, contents creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp ,
Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
The AI Eye - Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com
Contact Investorideas.com
800 665 0411

Tuesday, February 12, 2019

Investorideas.com - #MachineLearning News: VSBLTY Introduces Edge Software That Increases Speed & Precision; Reduces Cost Of Computer Processing

Investorideas.com - #MachineLearning News: VSBLTY Introduces Edge Software That Increases Speed & Precision; Reduces Cost Of Computer Processing



#MachineLearning News: VSBLTY Introduces Edge Software That Increases Speed & Precision; Reduces Cost Of Computer Processing


PHILADELPHIA - February 12, 2019 (Investorideas.com Newswire) VSBLTY, a leading retail software and technology company that provides audience measurement using the power of machine learning through computer vision, today announced the introduction of its new Edge Software that increases speed and precision while reducing the cost of computer processing.
Jay Hutton, VSBLTY Chief Executive Officer, says the firm's Edge computing enables all its computer vision services to eliminate the need to send information to the cloud via the internet or a network, bringing all the processing and the complexities of machine learning down to the level of an on-site computer. "This means that we process data quicker on the Edge, with incredible scale and with greater precision—and it is more cost efficient," Hutton adds.
VSBLTY utilizes Intel's OpenVINO™ platform as a tool kit to run VSBLTY's machine learning algorithms on the edge, says Chief Technology Officer Tim Huckaby. "Intel's OpenVINO system allows us to hot swap in machine learning models without reprogramming. For example, we may have a retail project where we are recognizing different brands of consumer products and just as easily—on the security side—identify various kinds of weapons in real time at the same time," Huckaby explains.
Huckaby adds, "Utilizing the advantages of our Edge computing, VSBLTY is able to seamlessly combine its software with optics to deliver cutting-edge digital display, real time data at point of engagement, and provide security and surveillance applications. I know of no other company that can do this."
"We are delighted that VSBLTY has creatively adopted our OpenVINO program that runs on machine learning algorithms to its new Edge software that enables the firm to advance the increasingly important blending of consumer marketing and cutting edge security," said Joe Jensen, vice president and general manager of the Retail Solutions Division of Intel Corporation.
CONTACT:
Linda Rosanio
609-472-0877
lrosanio@vsblty.net
About VSBLTY (www.vsblty.net)
Headquartered in Philadelphia, VSBLTY is the world leader in Proactive Digital Display™, which transforms digital place-based media with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning.
SOURCE: VSBLTY

TechSectorStocks.com - investing ideas in tech stocks - mobile payments, social media, AI and Robotics, Drone Stocks, GPS, Internet of Things (IoT)


More Info:
Investorideas.com Newswire
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Investorideas.com Newswire - The #AI Eye: VSBLTY Introduces Edge Software, Amazon to Acquire eero and Wipro Sets Up AI Chair At Swinburne University in Melbourne

Investorideas.com Newswire - The #AI Eye: VSBLTY Introduces Edge Software, Amazon to Acquire eero and Wipro Sets Up AI Chair At Swinburne University in Melbourne



The #AI Eye: VSBLTY Introduces Edge Software, Amazon to Acquire eero and Wipro Sets Up AI Chair At Swinburne University in Melbourne

Stocks discussed: (NasdaqGS:INTC) (NasdaqGS:AMZN) (NYSE:WIT)

President Trump Signs Executive Order For "American AI Initiative"


Point Roberts, WA and Vancouver, BC - February 12, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and advancements in artificial intelligence.
Listen to today's podcast:

The #AI Eye: VSBLTY Introduces Edge Software, Amazon to Acquire eero and Wipro Sets Up AI Chair At Swinburne University in Melbourne

Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

President Trump Signs Executive Order For "American AI Initiative"

The Associated Press reports that President Donald Trump signed an executive order yesterday, encouraging greater investment, research and development in artificial intelligence technology. Known as the American AI Initiative, the order did not include specific allocations of funds to the sector, leaving it up to Congress to direct money.
Though the U.S. currently leads the world in terms of AI innovation, the White House has received pressure from experts and industry leaders to develop a national AI strategy as other countries, such as China, ramp up state investment in the technology.
The piece quotes Kate Crawford, a co-director of New York University's AI Now Institute, who spoke critically of the vagueness of the Initiative:
"AI policy isn't an autonomous vehicle. You basically need a detailed plan or it's going to run off the road."

VSBLTY Introduces Edge Software, Amazon to Acquire eero and Wipro Sets Up AI Chair At Swinburne University in Melbourne

Stocks discussed: (NasdaqGS:INTC) (NasdaqGS:AMZN) (NYSE:WIT)

VSBLTY, a leading retail software and technology company that provides audience measurement using the power of machine learning through computer vision, has announced the introduction of its new Edge Software, which increases speed and precision while reducing the cost of computer processing. This video explains the technology.
VSBLTY CTO Tim Huckaby explained how the company utilizes Intel's (NasdaqGS:INTC) OpenVINO™ platform to run VSBLTY's machine learning algorithms on the edge:
"Intel's OpenVINO system allows us to hot swap in machine learning models without reprogramming. For example, we may have a retail project where we are recognizing different brands of consumer products and just as easily-on the security side-identify various kinds of weapons in real time at the same time."
Amazon (NasdaqGS:AMZN) has announced that it will acquire home mesh WiFi company eero. According to the press release, "eero uses multiple access points that work together as a system to blanket a home in high-performing, reliable, and simple home WiFi. Customers can customize an eero system to meet the needs of their home-regardless of shape or size-eliminating dead zones, ensuring perfect streaming video in every room, and delivering the bandwidth all connected devices need". Dave Limp, SVP of Amazon Devices and Services, said:
"We are incredibly impressed with the eero team and how quickly they invented a WiFi solution that makes connected devices just work. We have a shared vision that the smart home experience can get even easier, and we're committed to continue innovating on behalf of customers."
Wipro Limited (NYSE:WIT) recently announced they had set up a Chair for Artificial Intelligence at the Swinburne University of Technology, Melbourne, Australia. The current Director of Swinburne's Key Lab for Intelligent Software Systems, and the head of Artificial Intelligence and Intelligent Agent Technology research group at Swinburne, Professor Ryszard Kowalczyk, has been appointed to the newly created position. This compliments a plan between Wipro and Swinburne University to establish a "joint innovation centre to conduct high-impact, industry-focussed research in the areas of Artificial Intelligence (AI) and Machine Learning (ML) with specific applications for digital health and smart cities".
Sam Mowers, Investorideas.com

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Playsports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI. 
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, contents creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp ,
Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
The AI Eye - Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com
Contact Investorideas.com
800 665 0411

Investorideas.com - SoundView Technology Group Research Update for NXT-ID, Inc. (NASDAQ: $NXTD); Transitioning Into 2019

Investorideas.com - SoundView Technology Group Research Update for NXT-ID, Inc. (NASDAQ: $NXTD); Transitioning Into 2019



SoundView Technology Group Research Update for NXT-ID, Inc. (NASDAQ: $NXTD); Transitioning Into 2019

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

BOSTON - February 12, 2019 (Investorideas.com Newswire) SoundView Technology Group (http://soundview.co) releases the following company update for NXT-ID, Inc. (NASDAQ: NXTD).
Nxt-ID (NXTD $1.18)
The full report can be read at:
Highlights/Excerpts
Transitioning into 2019
Shares in NXTD were down sharply in Q4 of 2018, along with most stocks in the market. However, they were also hurt by the delay of their proposed spinoff of "PartX" to existing shareholders. One thing we got in the delay was a clear market signal about how much people feel that PartX would be worth as a separate company. When combined with the existing Logic Mark business it suggests the shares continue to trade at a discount.
As shown in our FPV model our current estimate for where shares of NXTD should trade is $3.69 versus the current $1.20. The market suggested a value for PartX at $15M based on the price action of NXTD trading with and without the spinoff last year. And since that time PartX has announced a new customer, Swatch, continued to expand their relationship with Garmin and will be shipping the Flip in Q1.
It was also announced that Discover is now live on the FitPay Platform. That brings the FitPay ecosystem to 15 devices from two leading brands, four large-scale payment networks (Visa, MasterCard, Discover and Maestro), and more than 275 banks/payment cards in 35 countries.
Let's do some simple back-of-the-envelope valuation on NXTD. We'll give PartX a bump from the last market-based estimate of $15M and say they will be at least $20M when they spin off in 2019. That will leave NXTD with the core Logic Mark (LM) business which has been a steady growth, high-margin business since they acquired it.
Our point estimate for LM revenues is $22M. This business generates 70%+ gross margins and is solidly profitable. While initial operating margins in 2019 might be closer to 10%, but this is a 20%+ operating margin business.
What value do we put on a $22M business growing 10-15% YoY with 10-20% operating margins? A solid starting point is 15x on 15% operating margins = $22M x 15% x 15 or $50M.
And that's not factoring in any incremental success from new LM initiatives - especially the combination of their new Notifi911 consumer offering with expanded distribution at retailers like Best Buy. There are expanding opportunities for wearable solutions like Notifi911 in healthcare, employee safety and making emergency response more effective and efficient.
That provides what we'd call a "base" valuation case of at least $70M and that's not factoring in the potential for real growth in 2020. That would translate into a current share price of $2.20. If we include simple trendline growth for the next year we get to $85-90M for the combined company or about $3.00/share.
Stock Conclusion
The stock action late in 2018 and into 2019 puts a market-driven valuation on PartX which should be even higher in early 2019 based on the additional progress they have announced.
Logic Mark is a positive "known quantity" that we can value on the fundamentals. Current stock levels should be between $2.20 and $3.00/share in the next six to 12 months.
ABOUT SOUNDVIEW RESEARCH
SoundView conducts independent research - mostly on emerging technologies. We like thematic-driven companies where technology is involved and use analysis to identify the most promising investment opportunities.
Our business model is combination of subscription fees along with some direct investments and advisory fees. We measure our success by the quality of our analysis, accuracy of the conclusions and the size and influence of our audience. We apply our own proven approach to valuation that we call intrinsic value (IV) for informing investment decisions and optimizing portfolio management.
Disclosures
SoundView serves as a strategic advisor to Nxt-ID and provides advisory and other services including strategy advice, company positioning, investor communication methods and ongoing technology and market research. See our full page of practices and disclosures which should be attached to this report. If not, it is available at http://soundview.co/practices
Contact:
Kris Tuttle
SoundView Technology Group
kris@soundview.co
+1-617-828-6462

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
Get News Alerts on NXT-ID, Inc.
Investorideas.com Newswire
Disclaimer/Disclosure:
Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp