ReVue overview

The Artificial Intelligence (AI) Vue, created on 10th April 2018, has notched up a total return since inception of +11.73% (in AUD, as of 30th June 2018). By comparison, the ASX 200 has returned +5.7 % in the same period.

The best performing stocks in the AI Vue during this period were Amazon (+24.13%), NICE (+16.22%), Dassault (+14.84%) and Alphabet (+14.26%).

Detractors to performance were Tencent (-0.76%) and Splunk (+2.12%)

Entertainment Vue company updates

Amazon.com, Inc. (NASDAQ:AMZN)

Amazon announced that it had entered a definitive agreement to acquire PillPack, a mail order pharmacy. PillPack is a full-service online pharmacy that targets patients who take medications for chronic diseases/conditions (at least 5 medications per day), with the objective of improving the patient experience, and consequently patient compliance. For patients who use this service, medications are sorted by day and dose, clearly labelled, and delivered directly to their home. The financial terms of the deal are thought to be just under US$1bn and the transaction is expected to close during 2H 2018. Clearly this is a (small) first step towards Amazon entering the highly regulated but lucrative pharmaceuticals distribution space and leveraging the company’s significant logistics and delivery capabilities.

NICE Ltd. Sponsored ADR (NASDAQ:NICE)

NICE announced that consultancy Forrester Research has ranked NICE Nexidia as a ‘Leader’ in its “The Forrester New Wave™: AI-Fueled Speech Analytics Solutions, Q2 2018” report. Of the ten criteria analysed by the analyst firm, NICE Nexidia achieved a positive designation of “Differentiated” in six criteria: language models, conversational analytics, business insights, tooling and ease of use, product road map and market approach. The Forrester Research report noted NICE Nexidia’s full range of speech analytics functionality, with its powerful search and conversational analytics features as well as the ability to promote value in the contact centre and beyond. The solution’s accurate AI proprietary language models and support for a wide range of languages were also cited. Forrester Research evaluated 11 AI-Fueled Speech Analytics products in the report.

Dassault Systemes SE (EPA:DSY)

Dassault Systemes has issued a press release initiating a 2023 non-IFRS* earnings per share (EPS) objective of €6.00 which implies a 2018-2023 earnings growth CAGR (compound annual growth rate) of >15%. This was released ahead of its Capital Markets Day (CMD) which took place at Dassault’s headquarters in Velizy, Paris on June 15, 2018. The last CMD was two years ago in June 2016, and at that time the company confirmed its 2019 objective to hit earnings per share of €3.50, a CAGR of 14% from the 2014 starting point of the 5-year plan. Dassault predicts that the EPS target of €6.00 will be delivered by organic revenue growth, as well as margin expansion and bolt-on M&A. This target is slightly ahead of consensus market expectations at this point.

Alphabet Inc. Class A (NASDAQ:GOOGL)

A practical demonstration of one of Alphabet’s AI initiatives was revealed recently at its annual developer conference “I/O 2018”. Google’s CEO Sundar Pichai provided a demo of “Google Duplex,” an AI system for accomplishing real-world tasks over the phone which is the culmination of Google’s various voice-recognition and speech-synthesis capabilities. Google’s voice bot via its Google “Assistant” (which is now available on more than 500 million devices — across tablets, phones, speakers, TVs, and cars) can call up businesses and make an appointment on your behalf, all while sounding (very) similar to a human. Its demo even came complete with artificial speech disfluencies like “um” and “uh.” You can watch the video below:

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