Paul Mampilly, one of Banyan Hill Publishing’s top editors, recently posted an article encouraging investors to invest in the future by considering upcoming technologies such as the Internet of things. Even though he always makes sure to warn his readers that doing so will be risky as some innovations never manage to see the light of the day, Paul states that futuristic technologies revolving around the area of the Internet of Things are the best investment choices that entrepreneurs can opt for while looking for areas to invest in.
He goes on to give examples of a few that are undoubtedly going to not only see the light of the day, but also receive a warm reception from the world such as the recent Pratt & Whitney PW199G plane engines which pack more than 5000 individual sensors that generate up to 10 GB ever second! This innovation is likely to take over the world because no matter how fast our devices are, none can generate 10 GB of data in one second. Most of them often take days to do so, and according to experts, such innovation is enough to fill an average modern apple computer with data in ten seconds.
Having such an engine on an airplane will significantly increase the efficiency and safety of air travel and at the same time improve the durability of the plane. Besides enhanced air travel, according to Paul Mampilly, IOT technologies also go a long way in helping us take care of Mother Nature. He cites several examples such as smart home appliances which automatically turn themselves off after they are left on for a long time hence helping conserve energy and the new AT &T smart irrigation system which significantly reduces water wastage in farming thus helping preserve this precious mineral for future use.
Why investors listen to Paul Mampilly
Paul Mampilly is famous in the stock and business arena thanks to his expansive knowledge of how the market works. The Fordham University graduate has been a critical player in this scope for more than two decades now and has worked with top shelf companies in Wall Street, such as Deutsche Bank and Kinetics asset management. This has seen him gain a lot of insight on which stocks are the best and the ones that investors should steer away from immediately. While working with these firms, Paul proved to be an incredibly useful asset. For instance, he helped increase Kinetics hedge fund to about $25 billion thus enabling the firm to gain 26% annual returns from the fund. Paul Mampilly boasts various achievements, but he’ll forever remain a valuable asset for investors as he gives them tips on the best stocks to invest in through his Profits Unlimited Newsletter which currently has over 60,000 subscribers.