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Are Your Company's Products “Connected”?

   By now, you've probably heard of The Internet of Things. This is the technology sector which is growing very fast right now because over the past few years, the price of sensors has dropped, the speed of real time networks has greatly increased and the ability to process data has exponentially grown. Our next guest says that all of this together has created a perfect storm of opportunity that is attracting massive amounts of investment capital.

Mike Switzer interviews Lee Stogner, president of Vincula Group in Greenville, SC and part if the Internet of Things initiative at the Institute of Electrical and Electronics Engineers.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.