DroneShield crashes! TeamViewer and UMT with AI fantasy!?

UMT United Mobility Technology: "AI colleague" saves time and money

Industry leader Nvidia published impressive quarterly figures on Wednesday evening. This shows that the triumph of artificial intelligence is far from over. However, it will increasingly depend on whether AI actually has a positive impact on professional and private life.

One company that plans to use AI to make everyday work easier for businesses is UMT United Mobility Technology AG. The Munich-based company, formerly known primarily for its payment system and PAYBACK customer loyalty program, has reinvented itself in recent years and is now fully focused on developing AI-supported process automation for businesses.

Based on the "UMS Vision AI" platform, automated "AI colleagues" are being adopted for a wide variety of industries and tasks. The capabilities of AI can be illustrated by the latest success story. UMT was able to win Loth Internationale Speditionsgesellschaft mbH as a customer. Loth uses UMS Vision AI to efficiently and automatically process the large number of transport orders it receives from its customers every day. In the future, orders and emails will be analyzed by UMT AI, converted into a uniform electronic format, and dynamically assigned to the respective customers. Customer-specific features will also be taken into account. The automation of central processes is expected to save time and costs in administration.

Following the development of the AI, the focus is now on boosting sales. UMT CEO Erik Nagel recently expressed optimism about the future: "The total contract value of customers already acquired is in the mid six-figure range and growing steadily. The pipeline of offers also continues to develop very dynamically. If this trend continues, we expect extremely positive business development in the next two to three years, because that is when the Annual Recurring Revenue (ARR) business model will take full effect."

TeamViewer: New momentum thanks to AI?

While UMT is fully committed to AI, at TeamViewer, AI solutions currently play a minor role. However, this is set to change.

To this end, TeamViewer is targeting the area of IT malfunctions. According to a recent study by the Company, 76% of employees lose more than one working day per month due to technical problems. At the same time, 48% believe that AI could significantly reduce this effort.

A few days ago, TeamViewer introduced the AI agent "Tia." Tia can automatically detect and diagnose IT problems and resolve them independently within defined guidelines. The solution is intended to be an important building block on the path to autonomous, AI-based IT support. The AI agent continuously analyzes device and session data for possible malfunctions and then generates recommendations for action or scripts for troubleshooting. Recurring tasks such as login errors, configuration problems, or performance drops can be resolved automatically within predefined guidelines.

The AI agent has not yet given TeamViewer's share price any new momentum. The share has lost over 40% of its value in the current year and is trading at an all-time low of EUR 5.63. Analysts are also holding back. Goldman Sachs recently slashed its price target for the German software stock from EUR 12 to EUR 6.50.

DroneShield: Crash without end

DroneShield shares are also currently under heavy pressure. Yesterday, they plummeted again by over 10%. At one point, the stock slipped below the EUR 1 mark. At the beginning of October, the price peaked at EUR 3.78. Since then, the Company has been hit by several pieces of bad news and has suffered at least one massive blow to its image.

The latest piece of bad news was that Matt McCrann is leaving the Company with immediate effect. He was not just any manager, but had been in charge of US operations since 2022. The US is known to be the largest defense market in the world and is therefore also important for DroneShield. And McCrann is not only leaving the Company, but has also dumped his entire stock portfolio on the market at prices of AUD 3.30.

There are also doubts as to whether a small supplier like DroneShield can keep up with the rapid technological change in industry. For example, wired fiber optic drones are currently being used increasingly in war zones such as Ukraine and Russia, making them immune to classic radio interference, such as that developed by DroneShield.

And that is not all. An erroneous order report was responsible for the initial slide in the share price. The Australian drone defense specialist had reported a supposed order from the US government. But shortly afterward, trading in the stock was suspended, and the Company had to backtrack. This was because the order had already been reported and included in the quarterly figures.

UMT is currently reinventing itself and expanding into a billion-dollar market. There is no immediate need to buy TeamViewer. The crash at DroneShield is massive and tempting, but entering now would be a very risky gamble.