Paul Mampilly recently provided the Gazette Day with some insight into the changing business practices and predictions for 2019. Julia Emerich’s article, “Paul Mampilly’s 10 Predictions for Business in 2019” reveals his investment ideas of how businesses will adapt to the latest technology in 2019. Paul Mampilly reveals that it is important for brands and companies to continue developing their reviews. Studies have shown that nearly 95% of consumers look at company online reviews before making a purchasing decision. The trend will continue to grow over the next year as people continue to vet products and companies before buying. Paul Mampilly also encourages consumers to conduct research online before investing.
He also indicates that VR will explode onto the scene despite being a very young technology. VR is developing and advancing at an incredible rate and will continue to be implemented into businesses in a variety of ways. The market size of VR has grown to $2.2 billion and will be expected to reach $20 billion by 2020. About Virtual Reality has become a booming market as technology continues to grow and change. This will create new opportunities in a variety of businesses as it adapts to new applications and is applied to a variety of different markets. Investors should take notice and look at a number of different stocks around the world to take advantage of the growth of Virtual Reality. Paul Mampilly also indicates that long-termism in investing is beginning to change.
Many experts are focusing on investing in a sustainable basis. More than 20% of managed assets are being funneled into social and government factors as well as the environment. Paul Mampilly says this number will continue to rise to more than 40% because the trend won’t end anytime soon. He believes global investing has become more refined and investors are more aware of what is happening around the world. This knowledge has affected how investors perceive their investments and how the shifting world will affect their investments. People are taking a long-term view of investing to realize greater returns. The internet of things will also continue to grow as new technologies are introduced to the market. Companies are beginning to adopt different products to spur the growth of IoT. Click here.