Paul Mampilly is an investment advisor, entrepreneur, and investment researcher, who captured significant success and stardom with his accurate financial analysis. He helped his subscribers and customers to amass significantly high wealth through quality tips on investment. Mampilly is one of the leading investment advisors in various industries and companies across the globe. Recently, he spoke about the opportunities given by the growth of the Internet of Things or IoT. Mampilly thinks that it is one of the most promising industries in the world which can shape other industries in the coming years. Through his investment newsletter, Profits Unlimited, Paul Mampilly says that the industry is expected to surge beyond 8,000 percent.
Bitcoin is up an astonishing 1,172% in the last 12 months, hitting a high of more than $11,000.
— Paul Mampilly (@Paul_M_Guru) November 30, 2017
He describes the IoT invention as the biggest innovation in the history which is as many as seven times bigger than smartphones, tablets, and computers combined. Industry experts have concluded that as many as 50 billion devices would utilize or connected by the technology by 2020. Many have said that IoT is the future of technology, and it would initiate a second industrial revolution.” Paul Mampilly concludes that the early investors in the technology would see their thousands of dollars are converting into many hundreds of thousands of dollars in a quick span of time.
In order to make investment success using IoT, Paul Mampilly asks people to invest in one of the ingredients that make the technology possible. He says one component is software, which made many technology companies rich. Mampilly further adds lights that every device should have compatible software to make the IoT work in that device. The technology called MEMS or microelectromechanical systems, which are extremely small and low-power sensors, make IoT sense, analyze, and act. MEMS literally acts as the ears and eyes of IoT technology, and due to that reason, companies that are working on those sensors would generate life-changing profits in the coming years.
Paul Mampilly has nearly two decades of expertise in investments and financial markets. He started his career with Chatham Street Management as Account Assistant and worked with many other firms in different roles. He worked with Bankers Trust, Deutsche Asset Management, Kinetics Asset Management, ING Funds, and more. Mampilly is also the founder of a management consulting firm based in North Carolina called Capuchin Consulting. In the recent years, he also focused on investment publishing and collaborated with Agora Financial, Stansberry Research, and Banyan Hill Publishing. Mampilly earned his Financial Engineering from Polytechnic School of Engineering – New York University and secured his MBA from Fordham Gabelli School of Business.