Paul Mampilly has had an incredible 20 years in wall street, with that type of experience comes wisdom and a clear view of future investment opportunities. Today Paul Mampilly is considered to be one of the most respected and sought-after talents in the business. Now that the new year has begun Paul has a few predictions on some of the best industries to invest your money in. 2019 is sure to be a roller coast of a year for investment so make sure you’re on the up and now the downs.
Big Data Becomes Mainstream
There is no doubt that big data has allowed companies the ability to create revenue from new customers by showcasing exactly what they want to see. Although big data has proven itself in the past few years the fact is that this method of capturing customers has been solely for larger companies that have the ability to dedicate large amounts of funds on software and staff. Paul Mampilly states that 2019 will be the year that big data because of innovations in technology will become affordable to the average startup company.
Home appreciation rates Begin to Stagger
The past few years have provided individuals the ability to purchase a home and turn it for a profit in a very short time. This was due to appreciation rates growing between 5 and 7 percent a year, this, however, according to Paul Mampilly will begin to slow down in 2019 with rates leveling off that only 1.5 percent a year.
The Move from computer searches to Voice Search
With the introduction of voice assistant devices such as Siri and Amazone Echo into millions of homes across the country, voice searches will greatly increase with it. What does this mean? Essentially that companies that change their algorithms will be the ones to find success in 2019.