Paul Mampilly is an auditor of Banyan Hill Publishing and an expert investor. In one of his articles, he talked about technological growth and advancement. His subscribers in Banyan Hill Publishing agrees with him when he declares that an industry or a stock will succeed. He is famous for making perfect but surprising stock picks which are so effective such that they surprise the investment pioneers. Paul Mampilly expertise was certified when he was rewarded the Templeton Foundation in 2009 which was all about investment. He had invested 50 million US Dollars at the start and managed to grow it to 88 million US Dollars after one year.
Paul Mampilly schooled in SUNY Albany College after which he became a great hedge fund manager of Wall Street. He later resigned from Wall Street to offer assistance to the average Americans earners such as professional and much more. He has a readership of over 100000 subscribers in Extreme Fortunes, Profit Unlimited and True Momentum research services as well as newsletters. His subscribers have in-depth access to his advice. He also gives some free tips via Banyan Hill Publishing. Paul Mampilly also talked about “internet of things”. This term refers to internet connected devices which work via sensors. These devices can communicate with themselves and people as well. As per Paul Mampilly, internet of things will drastically grow in the next few years.
There is a higher probability that companies involved with making sensors, sorting data, storing sensor data and analyzing data will excel. There is also a possibility for the growth of companies that devise algorithms used in data sorting and generating reports. Internet of things will also lead to more development and advancement in autonomous cars, robotics, intelligence, machine learning, drones and much more similar technologies. He also made a comparison on the growth prediction over the few coming years to the 1990s technological growth. In the last decade, there was incredible growth in the internet usage which led to the increased popularity of personal computers. This resulted in a drastic growth in technology since the demand for computers and internet access in homes increased across the Americans.