This week and next.

First off, I want to give a huge welcome to our foundation, Premium Subscribers.

If you have joined us in the past two weeks - that’s you!

Your desire to have timely, and greater insight into investible disruptive technology is fantastic.

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Is it me, or are we in a GaaS environment?

That is Glut as a Service.

I have seen so many new forms of "as a Service", that it is wild.

Fastbrick have their, Wall as a Service. I saw Platform as a Service recently, and found Cars as a Service, On-Premise as a Service and even XaaS, for those who aren’t sure what their service is. Yes X apparently stands for anything.

Also on overuse and misuse - for the record, there is no Artificial Intelligence.

No one has developed an intelligence in a computer. At this moment in time it is used as a marketing/sales spin, but is a great joke, to those who actually develop technology.

What does exist are algorithms.

A cooking recipe is an algorithm.

2 + 2 = 4 is an algorithm.

Recognising a shape as a person and stopping a self driving car before it hits that person is a very clever algorithm. An algorithm that adds that experience to its data base and there for improves its ability to do the job it was programmed for is an algorithm.

So all those companies that you see boasting AI, are really using very clever and useful algorithms that are definitely changing the world. But not Artificial Intelligence, as defined by a machine that can act with true, human like intelligence.

More here for those keen to learn more and bolster their own algorithm.

Going through my charts and stock lists I had another look at DragonTail Systems (ASX:DTS) this week.

Working in the quick service food space, Dragontail's main tech is based around what they call their Algo System and a QTcamera.

Part of the Dragontail system

Put simply, their system uses an algorithm that, via the QT camera, makes sure food is prepared exactly to operating specs. Used by Pizza Hut in Australia, to mention one client, it checks if the right food is applied, if it is evenly distributed, if there is enough of it, and even if it is hot enough. Plus it plugs in a customer management and delivery system, which even sends you a pic of your pizza, when it is cooked.

Since my last look at Dragontail which was a while back, they have installed more than 1500 systems globally. And while that isn’t a massive amount, its a good effort and certainly enough to suggest the business has a system that not only works, but is definitely gaining traction.

Even more interesting in their ASX announcement, was their claim of 250 system installs in May alone.

I intend to put in an interview request with CEO, Ido Levanon next week, but if those monthly install numbers are accurate and sustainable, it is definitely worth a chat with the Israel-based boss to find out what he has in the sales pipeline.

The stock is currently considered to be 32% undervalued by Morningstar and is trading at 0.16c at the time of writing. It has been as high as 0.315c in the past twelve months and Morningstar has a fair value estimate of 23.6c per share.

As for the week ahead, I will be releasing my interview with a sports scientist from Catapult (ASX:CAT). It sheds some light on not what the sports analytics company’s tech does, but on why it is valuable to professional sports teams and their coaches.

Have a great week and thanks again for your support!

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